TC ENERGY CORP - TRPCN 3.94 PERP (TRP-PR-H.CA) Stock Fundamental Analysis
TSX:TRP-PR-H - CA87807B5036
16.79 CAD
+0.05 (+0.3%)
TRP-PR-H gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 215 industry peers in the Oil, Gas & Consumable Fuels industry. TRP-PR-H has an excellent profitability rating, but there are concerns on its financial health. TRP-PR-H is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
TRP-PR-H had positive earnings in the past year.
TRP-PR-H had a positive operating cash flow in the past year.
In the past 5 years TRP-PR-H has always been profitable.
In the past 5 years TRP-PR-H always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 3.63%, TRP-PR-H is doing good in the industry, outperforming 73.95% of the companies in the same industry.
TRP-PR-H has a Return On Equity of 15.40%. This is amongst the best in the industry. TRP-PR-H outperforms 89.77% of its industry peers.
TRP-PR-H has a better Return On Invested Capital (4.10%) than 61.40% of its industry peers.
TRP-PR-H had an Average Return On Invested Capital over the past 3 years of 4.35%. This is below the industry average of 6.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.63% | ||
| ROE | 15.4% | ||
| ROIC | 4.1% |
ROA(3y)2.24%
ROA(5y)2.58%
ROE(3y)9.37%
ROE(5y)9.55%
ROIC(3y)4.35%
ROIC(5y)4.58%
1.3 Margins
The Profit Margin of TRP-PR-H (33.09%) is better than 93.49% of its industry peers.
In the last couple of years the Profit Margin of TRP-PR-H has grown nicely.
TRP-PR-H has a Operating Margin of 43.28%. This is amongst the best in the industry. TRP-PR-H outperforms 95.81% of its industry peers.
TRP-PR-H's Operating Margin has been stable in the last couple of years.
TRP-PR-H's Gross Margin of 68.45% is amongst the best of the industry. TRP-PR-H outperforms 85.58% of its industry peers.
In the last couple of years the Gross Margin of TRP-PR-H has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 43.28% | ||
| PM (TTM) | 33.09% | ||
| GM | 68.45% |
OM growth 3Y-1.61%
OM growth 5Y-0.76%
PM growth 3Y35%
PM growth 5Y2.15%
GM growth 3Y-0.69%
GM growth 5Y-0.74%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TRP-PR-H is destroying value.
The number of shares outstanding for TRP-PR-H remains at a similar level compared to 1 year ago.
TRP-PR-H has more shares outstanding than it did 5 years ago.
The debt/assets ratio for TRP-PR-H has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.27, we must say that TRP-PR-H is in the distress zone and has some risk of bankruptcy.
TRP-PR-H has a Altman-Z score of 0.27. This is in the lower half of the industry: TRP-PR-H underperforms 65.12% of its industry peers.
The Debt to FCF ratio of TRP-PR-H is 40.34, which is on the high side as it means it would take TRP-PR-H, 40.34 years of fcf income to pay off all of its debts.
TRP-PR-H has a Debt to FCF ratio of 40.34. This is comparable to the rest of the industry: TRP-PR-H outperforms 60.00% of its industry peers.
TRP-PR-H has a Debt/Equity ratio of 2.05. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of TRP-PR-H (2.05) is worse than 75.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 40.34 | ||
| Altman-Z | 0.27 |
ROIC/WACC0.6
WACC6.77%
2.3 Liquidity
A Current Ratio of 0.61 indicates that TRP-PR-H may have some problems paying its short term obligations.
TRP-PR-H's Current ratio of 0.61 is on the low side compared to the rest of the industry. TRP-PR-H is outperformed by 67.91% of its industry peers.
A Quick Ratio of 0.54 indicates that TRP-PR-H may have some problems paying its short term obligations.
TRP-PR-H has a Quick ratio of 0.54. This is in the lower half of the industry: TRP-PR-H underperforms 67.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
The earnings per share for TRP-PR-H have decreased strongly by -26.71% in the last year.
Measured over the past years, TRP-PR-H shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.06% on average per year.
The Revenue for TRP-PR-H has decreased by -22.38% in the past year. This is quite bad
The Revenue has been growing slightly by 0.77% on average over the past years.
EPS 1Y (TTM)-26.71%
EPS 3Y-4.48%
EPS 5Y-2.06%
EPS Q2Q%-12.77%
Revenue 1Y (TTM)-22.38%
Revenue growth 3Y0.95%
Revenue growth 5Y0.77%
Sales Q2Q%-8.35%
3.2 Future
The Earnings Per Share is expected to grow by 3.62% on average over the next years.
TRP-PR-H is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.34% yearly.
EPS Next Y-2.12%
EPS Next 2Y2.01%
EPS Next 3Y2.07%
EPS Next 5Y3.62%
Revenue Next Year-3.35%
Revenue Next 2Y0.88%
Revenue Next 3Y1.3%
Revenue Next 5Y3.34%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 5.06, the valuation of TRP-PR-H can be described as very cheap.
TRP-PR-H's Price/Earnings ratio is rather cheap when compared to the industry. TRP-PR-H is cheaper than 92.56% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.90. TRP-PR-H is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 4.33, the valuation of TRP-PR-H can be described as very cheap.
93.95% of the companies in the same industry are more expensive than TRP-PR-H, based on the Price/Forward Earnings ratio.
TRP-PR-H is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.52, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.06 | ||
| Fwd PE | 4.33 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TRP-PR-H is valued a bit cheaper than the industry average as 63.72% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TRP-PR-H indicates a somewhat cheap valuation: TRP-PR-H is cheaper than 73.02% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.85 | ||
| EV/EBITDA | 8.77 |
4.3 Compensation for Growth
TRP-PR-H has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.01%
EPS Next 3Y2.07%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.79%, TRP-PR-H is a good candidate for dividend investing.
TRP-PR-H's Dividend Yield is a higher than the industry average which is at 6.00.
TRP-PR-H's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.79% |
5.2 History
The dividend of TRP-PR-H is nicely growing with an annual growth rate of 13.09%!
TRP-PR-H has paid a dividend for at least 10 years, which is a reliable track record.
TRP-PR-H has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)13.09%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
TRP-PR-H pays out 90.54% of its income as dividend. This is not a sustainable payout ratio.
TRP-PR-H's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP90.54%
EPS Next 2Y2.01%
EPS Next 3Y2.07%
TC ENERGY CORP - TRPCN 3.94 PERP
TSX:TRP-PR-H (8/29/2025, 7:00:00 PM)
16.79
+0.05 (+0.3%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners78.66%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap17.46B
Analysts73.33
Price Target18.19 (8.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.79% |
Yearly Dividend3.9
Dividend Growth(5Y)13.09%
DP90.54%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.21%
Min EPS beat(2)-3.38%
Max EPS beat(2)3.8%
EPS beat(4)2
Avg EPS beat(4)-10.14%
Min EPS beat(4)-48.32%
Max EPS beat(4)7.33%
EPS beat(8)6
Avg EPS beat(8)-1.14%
EPS beat(12)8
Avg EPS beat(12)0.09%
EPS beat(16)9
Avg EPS beat(16)-0.04%
Revenue beat(2)2
Avg Revenue beat(2)4.32%
Min Revenue beat(2)4.32%
Max Revenue beat(2)4.32%
Revenue beat(4)3
Avg Revenue beat(4)-13.17%
Min Revenue beat(4)-63.24%
Max Revenue beat(4)4.32%
Revenue beat(8)5
Avg Revenue beat(8)-5.73%
Revenue beat(12)8
Avg Revenue beat(12)-2.75%
Revenue beat(16)9
Avg Revenue beat(16)-2.61%
PT rev (1m)0%
PT rev (3m)15.93%
EPS NQ rev (1m)0.66%
EPS NQ rev (3m)-10.2%
EPS NY rev (1m)-4.12%
EPS NY rev (3m)-4.12%
Revenue NQ rev (1m)-0.56%
Revenue NQ rev (3m)2.2%
Revenue NY rev (1m)1.31%
Revenue NY rev (3m)4.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.06 | ||
| Fwd PE | 4.33 | ||
| P/S | 1.36 | ||
| P/FCF | 11.85 | ||
| P/OCF | 2.31 | ||
| P/B | 0.63 | ||
| P/tB | 1.2 | ||
| EV/EBITDA | 8.77 |
EPS(TTM)3.32
EY19.77%
EPS(NY)3.88
Fwd EY23.12%
FCF(TTM)1.42
FCFY8.44%
OCF(TTM)7.27
OCFY43.32%
SpS12.32
BVpS26.46
TBVpS14.03
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.63% | ||
| ROE | 15.4% | ||
| ROCE | 5.28% | ||
| ROIC | 4.1% | ||
| ROICexc | 4.16% | ||
| ROICexgc | 4.74% | ||
| OM | 43.28% | ||
| PM (TTM) | 33.09% | ||
| GM | 68.45% | ||
| FCFM | 11.5% |
ROA(3y)2.24%
ROA(5y)2.58%
ROE(3y)9.37%
ROE(5y)9.55%
ROIC(3y)4.35%
ROIC(5y)4.58%
ROICexc(3y)4.42%
ROICexc(5y)4.65%
ROICexgc(3y)5.04%
ROICexgc(5y)5.34%
ROCE(3y)5.6%
ROCE(5y)5.97%
ROICexcg growth 3Y-4.34%
ROICexcg growth 5Y-4.28%
ROICexc growth 3Y-4.22%
ROICexc growth 5Y-3.48%
OM growth 3Y-1.61%
OM growth 5Y-0.76%
PM growth 3Y35%
PM growth 5Y2.15%
GM growth 3Y-0.69%
GM growth 5Y-0.74%
F-Score5
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.05 | ||
| Debt/FCF | 40.34 | ||
| Debt/EBITDA | 6.83 | ||
| Cap/Depr | 225.55% | ||
| Cap/Sales | 47.56% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.75% | ||
| Profit Quality | 34.75% | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 0.27 |
F-Score5
WACC6.77%
ROIC/WACC0.6
Cap/Depr(3y)260.57%
Cap/Depr(5y)266.14%
Cap/Sales(3y)50.84%
Cap/Sales(5y)51.87%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-26.71%
EPS 3Y-4.48%
EPS 5Y-2.06%
EPS Q2Q%-12.77%
EPS Next Y-2.12%
EPS Next 2Y2.01%
EPS Next 3Y2.07%
EPS Next 5Y3.62%
Revenue 1Y (TTM)-22.38%
Revenue growth 3Y0.95%
Revenue growth 5Y0.77%
Sales Q2Q%-8.35%
Revenue Next Year-3.35%
Revenue Next 2Y0.88%
Revenue Next 3Y1.3%
Revenue Next 5Y3.34%
EBIT growth 1Y-19.79%
EBIT growth 3Y-0.68%
EBIT growth 5Y0%
EBIT Next Year30.13%
EBIT Next 3Y12.83%
EBIT Next 5Y9.68%
FCF growth 1Y325.57%
FCF growth 3Y11.47%
FCF growth 5YN/A
OCF growth 1Y3.49%
OCF growth 3Y3.76%
OCF growth 5Y1.68%