TC ENERGY CORP - TRPCN 8.509 PERP (TRP-PR-L.CA) Stock Fundamental Analysis

TSX:TRP-PR-L

21.51 CAD
0 (0%)
Last: Feb 12, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Taking everything into account, TRP-PR-L scores 4 out of 10 in our fundamental rating. TRP-PR-L was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. TRP-PR-L scores excellent on profitability, but there are concerns on its financial health. TRP-PR-L is valued quite cheap, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • TRP-PR-L had positive earnings in the past year.
  • In the past year TRP-PR-L had a positive cash flow from operations.
  • Of the past 5 years TRP-PR-L 4 years were profitable.
  • TRP-PR-L had a positive operating cash flow in 4 of the past 5 years.
TRP-PR-L.CA Yearly Net Income VS EBIT VS OCF VS FCFTRP-PR-L.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B

1.2 Ratios

  • TRP-PR-L has a Return On Assets of 2.82%. This is in the better half of the industry: TRP-PR-L outperforms 69.81% of its industry peers.
  • TRP-PR-L has a Return On Equity of 12.35%. This is amongst the best in the industry. TRP-PR-L outperforms 86.79% of its industry peers.
  • The Return On Invested Capital of TRP-PR-L (3.97%) is comparable to the rest of the industry.
  • TRP-PR-L had an Average Return On Invested Capital over the past 3 years of 4.35%. This is below the industry average of 6.50%.
Industry RankSector Rank
ROA 2.82%
ROE 12.35%
ROIC 3.97%
ROA(3y)2.24%
ROA(5y)2.58%
ROE(3y)9.37%
ROE(5y)9.55%
ROIC(3y)4.35%
ROIC(5y)4.58%
TRP-PR-L.CA Yearly ROA, ROE, ROICTRP-PR-L.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • TRP-PR-L has a better Profit Margin (27.28%) than 91.51% of its industry peers.
  • TRP-PR-L's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 44.41%, TRP-PR-L belongs to the top of the industry, outperforming 94.81% of the companies in the same industry.
  • TRP-PR-L's Operating Margin has been stable in the last couple of years.
  • TRP-PR-L has a better Gross Margin (69.05%) than 85.85% of its industry peers.
  • In the last couple of years the Gross Margin of TRP-PR-L has remained more or less at the same level.
Industry RankSector Rank
OM 44.41%
PM (TTM) 27.28%
GM 69.05%
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%
TRP-PR-L.CA Yearly Profit, Operating, Gross MarginsTRP-PR-L.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TRP-PR-L is destroying value.
  • There is no outstanding debt for TRP-PR-L. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
TRP-PR-L.CA Yearly Shares OutstandingTRP-PR-L.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
TRP-PR-L.CA Yearly Total Debt VS Total AssetsTRP-PR-L.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B 80B 100B

2.2 Solvency

  • Based on the Altman-Z score of 0.28, we must say that TRP-PR-L is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of TRP-PR-L (0.28) is worse than 61.79% of its industry peers.
  • The Debt to FCF ratio of TRP-PR-L is 31.45, which is on the high side as it means it would take TRP-PR-L, 31.45 years of fcf income to pay off all of its debts.
  • TRP-PR-L's Debt to FCF ratio of 31.45 is in line compared to the rest of the industry. TRP-PR-L outperforms 57.55% of its industry peers.
  • TRP-PR-L has a Debt/Equity ratio of 2.13. This is a high value indicating a heavy dependency on external financing.
  • TRP-PR-L has a worse Debt to Equity ratio (2.13) than 73.58% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.13
Debt/FCF 31.45
Altman-Z 0.28
ROIC/WACC0.6
WACC6.65%
TRP-PR-L.CA Yearly LT Debt VS Equity VS FCFTRP-PR-L.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B 40B 60B

2.3 Liquidity

  • TRP-PR-L has a Current Ratio of 0.63. This is a bad value and indicates that TRP-PR-L is not financially healthy enough and could expect problems in meeting its short term obligations.
  • TRP-PR-L has a worse Current ratio (0.63) than 60.85% of its industry peers.
  • TRP-PR-L has a Quick Ratio of 0.63. This is a bad value and indicates that TRP-PR-L is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of TRP-PR-L (0.56) is worse than 60.38% of its industry peers.
Industry RankSector Rank
Current Ratio 0.63
Quick Ratio 0.56
TRP-PR-L.CA Yearly Current Assets VS Current LiabilitesTRP-PR-L.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • TRP-PR-L shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -32.89%.
  • The Earnings Per Share has been decreasing by -2.06% on average over the past years.
  • The Revenue for TRP-PR-L has decreased by -25.33% in the past year. This is quite bad
  • Measured over the past years, TRP-PR-L shows a small growth in Revenue. The Revenue has been growing by 0.77% on average per year.
EPS 1Y (TTM)-32.89%
EPS 3Y-4.48%
EPS 5Y-2.06%
EPS Q2Q%-25.24%
Revenue 1Y (TTM)-25.33%
Revenue growth 3Y0.95%
Revenue growth 5Y0.77%
Sales Q2Q%-9.28%

3.2 Future

  • Based on estimates for the next years, TRP-PR-L will show a small growth in Earnings Per Share. The EPS will grow by 3.33% on average per year.
  • Based on estimates for the next years, TRP-PR-L will show a small growth in Revenue. The Revenue will grow by 2.71% on average per year.
EPS Next Y-5.65%
EPS Next 2Y0.77%
EPS Next 3Y1.89%
EPS Next 5Y3.33%
Revenue Next Year-3.6%
Revenue Next 2Y1.19%
Revenue Next 3Y1.77%
Revenue Next 5Y2.71%

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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
TRP-PR-L.CA Yearly Revenue VS EstimatesTRP-PR-L.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B 15B 20B
TRP-PR-L.CA Yearly EPS VS EstimatesTRP-PR-L.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1 2 3 4 5

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 7.03 indicates a rather cheap valuation of TRP-PR-L.
  • Compared to the rest of the industry, the Price/Earnings ratio of TRP-PR-L indicates a rather cheap valuation: TRP-PR-L is cheaper than 91.51% of the companies listed in the same industry.
  • TRP-PR-L's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.97.
  • A Price/Forward Earnings ratio of 5.68 indicates a rather cheap valuation of TRP-PR-L.
  • TRP-PR-L's Price/Forward Earnings ratio is rather cheap when compared to the industry. TRP-PR-L is cheaper than 93.40% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of TRP-PR-L to the average of the S&P500 Index (27.96), we can say TRP-PR-L is valued rather cheaply.
Industry RankSector Rank
PE 7.03
Fwd PE 5.68
TRP-PR-L.CA Price Earnings VS Forward Price EarningsTRP-PR-L.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TRP-PR-L is on the same level as its industry peers.
  • TRP-PR-L's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TRP-PR-L is cheaper than 82.55% of the companies in the same industry.
Industry RankSector Rank
P/FCF 11.48
EV/EBITDA 9.6
TRP-PR-L.CA Per share dataTRP-PR-L.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • TRP-PR-L has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.77%
EPS Next 3Y1.89%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 4.07%, TRP-PR-L is a good candidate for dividend investing.
  • TRP-PR-L's Dividend Yield is a higher than the industry average which is at 3.13.
  • Compared to an average S&P500 Dividend Yield of 1.79, TRP-PR-L pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.07%

5.2 History

  • The dividend of TRP-PR-L is nicely growing with an annual growth rate of 13.09%!
  • TRP-PR-L is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)13.09%
Div Incr Years1
Div Non Decr Years1
TRP-PR-L.CA Yearly Dividends per shareTRP-PR-L.CA Yearly Dividends per shareYearly Dividends per share 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • TRP-PR-L pays out 110.00% of its income as dividend. This is not a sustainable payout ratio.
  • TRP-PR-L's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP110%
EPS Next 2Y0.77%
EPS Next 3Y1.89%
TRP-PR-L.CA Yearly Income VS Free CF VS DividendTRP-PR-L.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B
TRP-PR-L.CA Dividend Payout.TRP-PR-L.CA Dividend Payout, showing the Payout Ratio.TRP-PR-L.CA Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

TC ENERGY CORP - TRPCN 8.509 PERP

TSX:TRP-PR-L (2/12/2026, 7:00:00 PM)

21.51

0 (0%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-13
Earnings (Next)04-29
Inst Owners83.73%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap22.39B
Revenue(TTM)12.43B
Net Income(TTM)3.39B
Analysts74.4
Price Target21.28 (-1.07%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.07%
Yearly Dividend3.9
Dividend Growth(5Y)13.09%
DP110%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.38%
Min EPS beat(2)-4.57%
Max EPS beat(2)3.8%
EPS beat(4)1
Avg EPS beat(4)-13.12%
Min EPS beat(4)-48.32%
Max EPS beat(4)3.8%
EPS beat(8)5
Avg EPS beat(8)-1.97%
EPS beat(12)7
Avg EPS beat(12)-0.86%
EPS beat(16)9
Avg EPS beat(16)-0.26%
Revenue beat(2)1
Avg Revenue beat(2)1.8%
Min Revenue beat(2)-0.72%
Max Revenue beat(2)4.32%
Revenue beat(4)2
Avg Revenue beat(4)-13.83%
Min Revenue beat(4)-63.24%
Max Revenue beat(4)4.32%
Revenue beat(8)4
Avg Revenue beat(8)-5.97%
Revenue beat(12)7
Avg Revenue beat(12)-3.33%
Revenue beat(16)9
Avg Revenue beat(16)-2.19%
PT rev (1m)0%
PT rev (3m)-0.14%
EPS NQ rev (1m)-5.5%
EPS NQ rev (3m)-7.04%
EPS NY rev (1m)-0.41%
EPS NY rev (3m)-2.1%
Revenue NQ rev (1m)0.17%
Revenue NQ rev (3m)0.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.31%
Valuation
Industry RankSector Rank
PE 7.03
Fwd PE 5.68
P/S 1.8
P/FCF 11.48
P/OCF 2.97
P/B 0.82
P/tB 1.57
EV/EBITDA 9.6
EPS(TTM)3.06
EY14.23%
EPS(NY)3.79
Fwd EY17.61%
FCF(TTM)1.87
FCFY8.71%
OCF(TTM)7.24
OCFY33.65%
SpS11.94
BVpS26.38
TBVpS13.68
PEG (NY)N/A
PEG (5Y)N/A
Graham Number42.62
Profitability
Industry RankSector Rank
ROA 2.82%
ROE 12.35%
ROCE 5.11%
ROIC 3.97%
ROICexc 4.05%
ROICexgc 4.62%
OM 44.41%
PM (TTM) 27.28%
GM 69.05%
FCFM 15.69%
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)5.33%
ROCE(3y)5.6%
ROCE(5y)5.97%
ROICexgc growth 3Y-4.34%
ROICexgc growth 5Y-3.84%
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 Turnover0.1
Health
Industry RankSector Rank
Debt/Equity 2.13
Debt/FCF 31.45
Debt/EBITDA 7.13
Cap/Depr 207.7%
Cap/Sales 44.93%
Interest Coverage 250
Cash Conversion 91.8%
Profit Quality 57.53%
Current Ratio 0.63
Quick Ratio 0.56
Altman-Z 0.28
F-Score5
WACC6.65%
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)-32.89%
EPS 3Y-4.48%
EPS 5Y-2.06%
EPS Q2Q%-25.24%
EPS Next Y-5.65%
EPS Next 2Y0.77%
EPS Next 3Y1.89%
EPS Next 5Y3.33%
Revenue 1Y (TTM)-25.33%
Revenue growth 3Y0.95%
Revenue growth 5Y0.77%
Sales Q2Q%-9.28%
Revenue Next Year-3.6%
Revenue Next 2Y1.19%
Revenue Next 3Y1.77%
Revenue Next 5Y2.71%
EBIT growth 1Y-20.42%
EBIT growth 3Y-0.68%
EBIT growth 5Y0%
EBIT Next Year29.76%
EBIT Next 3Y13.14%
EBIT Next 5Y9.48%
FCF growth 1Y359.1%
FCF growth 3Y11.47%
FCF growth 5YN/A
OCF growth 1Y1.39%
OCF growth 3Y3.76%
OCF growth 5Y1.68%

TC ENERGY CORP - TRPCN 8.509 PERP / TRP-PR-L.CA FAQ

What is the ChartMill fundamental rating of TC ENERGY CORP - TRPCN 8.509 PERP (TRP-PR-L.CA) stock?

ChartMill assigns a fundamental rating of 4 / 10 to TRP-PR-L.CA.


Can you provide the valuation status for TC ENERGY CORP - TRPCN 8.509 PERP?

ChartMill assigns a valuation rating of 7 / 10 to TC ENERGY CORP - TRPCN 8.509 PERP (TRP-PR-L.CA). This can be considered as Undervalued.


Can you provide the profitability details for TC ENERGY CORP - TRPCN 8.509 PERP?

TC ENERGY CORP - TRPCN 8.509 PERP (TRP-PR-L.CA) has a profitability rating of 7 / 10.


What is the financial health of TC ENERGY CORP - TRPCN 8.509 PERP (TRP-PR-L.CA) stock?

The financial health rating of TC ENERGY CORP - TRPCN 8.509 PERP (TRP-PR-L.CA) is 1 / 10.


Can you provide the expected EPS growth for TRP-PR-L stock?

The Earnings per Share (EPS) of TC ENERGY CORP - TRPCN 8.509 PERP (TRP-PR-L.CA) is expected to decline by -5.65% in the next year.