Tc Energy Corp Stock Fundamentals
| TRP Stock | CAD 54.89 0.39 0.72% |
TC Energy Corp fundamentals help investors to digest information that contributes to TC Energy's financial success or failures. It also enables traders to predict the movement of TRP Stock. The fundamental analysis module provides a way to measure TC Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TC Energy stock.
At this time, TC Energy's Interest Expense is very stable compared to the past year. As of the 7th of June 2024, EBITDA is likely to grow to about 11.9 B, while Total Revenue is likely to drop about 9.8 B. TRP | Select Account or Indicator |
TC Energy Corp Company Return On Equity Analysis
TC Energy's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current TC Energy Return On Equity | 0.0837 |
Most of TC Energy's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TC Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
TRP Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for TC Energy is extremely important. It helps to project a fair market value of TRP Stock properly, considering its historical fundamentals such as Return On Equity. Since TC Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TC Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TC Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
TRP Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, TC Energy Corp has a Return On Equity of 0.0837. This is 104.23% lower than that of the Oil, Gas & Consumable Fuels sector and 97.44% lower than that of the Energy industry. The return on equity for all Canada stocks is 127.0% lower than that of the firm.
TC Energy Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TC Energy's current stock value. Our valuation model uses many indicators to compare TC Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TC Energy competition to find correlations between indicators driving TC Energy's intrinsic value. More Info.TC Energy Corp is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for TC Energy Corp is roughly 2.42 . At this time, TC Energy's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value TC Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for TC Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.TRP Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TC Energy's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TC Energy could also be used in its relative valuation, which is a method of valuing TC Energy by comparing valuation metrics of similar companies.TC Energy is currently under evaluation in return on equity category among its peers.
TC Energy ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, TC Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to TC Energy's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
TRP Fundamentals
| Return On Equity | 0.0837 | |||
| Return On Asset | 0.0346 | |||
| Profit Margin | 0.17 % | |||
| Operating Margin | 0.45 % | |||
| Current Valuation | 126.73 B | |||
| Shares Outstanding | 1.04 B | |||
| Shares Owned By Insiders | 0.03 % | |||
| Shares Owned By Institutions | 83.17 % | |||
| Number Of Shares Shorted | 50.07 M | |||
| Price To Earning | 10.70 X | |||
| Price To Book | 1.91 X | |||
| Price To Sales | 3.24 X | |||
| Revenue | 15.93 B | |||
| Gross Profit | 9.61 B | |||
| EBITDA | 9.67 B | |||
| Net Income | 2.92 B | |||
| Cash And Equivalents | 620 M | |||
| Cash Per Share | 1.59 X | |||
| Total Debt | 2.94 B | |||
| Debt To Equity | 1.45 % | |||
| Current Ratio | 0.51 X | |||
| Book Value Per Share | 26.62 X | |||
| Cash Flow From Operations | 7.43 B | |||
| Short Ratio | 9.21 X | |||
| Earnings Per Share | 2.62 X | |||
| Price To Earnings To Growth | 0.76 X | |||
| Target Price | 54.34 | |||
| Number Of Employees | 7 K | |||
| Beta | 0.74 | |||
| Market Capitalization | 56.54 B | |||
| Total Asset | 125.03 B | |||
| Retained Earnings | (3 B) | |||
| Working Capital | (445 M) | |||
| Current Asset | 3.91 B | |||
| Current Liabilities | 7.31 B | |||
| Annual Yield | 0.07 % | |||
| Five Year Return | 4.39 % | |||
| Net Asset | 125.03 B | |||
| Last Dividend Paid | 3.75 |
About TC Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TC Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TC Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TC Energy Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 55.8 M | 80.2 M | |
| Total Revenue | 15.9 B | 9.8 B | |
| Cost Of Revenue | 8.2 B | 6.3 B | |
| Capex To Revenue | (0.54) | (0.57) | |
| Revenue Per Share | 14.59 | 22.54 | |
| Ebit Per Revenue | 0.40 | 0.30 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectAdditional Information and Resources on Investing in TRP Stock
When determining whether TC Energy Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TRP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tc Energy Corp Stock. Highlighted below are key reports to facilitate an investment decision about Tc Energy Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TC Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.