TC Energy Corp
TSX:TRP

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TC Energy Corp
TSX:TRP
Watchlist
Price: 69.79 CAD -1.09% Market Closed
Market Cap: 72.5B CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one TRP stock under the Base Case scenario is 84.14 CAD. Compared to the current market price of 69.79 CAD, TC Energy Corp is Undervalued by 17%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TRP Relative Value
Base Case
84.14 CAD
Undervaluation 17%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

5.3
P/S
P/S
Price to Sales
5.3
vs History
0
vs Industry
19
Median 3Y
3.5
Median 5Y
3.5
Industry
1.2
Forward
4.8
More Details
15.8
P/E
P/E
Price to Earnings
15.8
vs History
57
vs Industry
15
Median 3Y
17.1
Median 5Y
16.8
Industry
10
Forward
18.5
More Details
9.4
P/OCF
P/OCF
Price to OCF
9.4
vs History
1
vs Industry
15
Median 3Y
7.5
Median 5Y
6.9
Industry
4.9
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
6
Median 3Y
15.1
Median 5Y
14.5
Industry
9.9
More Details
2.6
P/B
P/B
Price to Book Value
2.6
vs History
0
vs Industry
13
Median 3Y
1.6
Median 5Y
1.5
Industry
1.2
More Details
9.3
EV/S
EV/S
Enterprise Value to Sales
9.3
vs History
0
vs Industry
18
Median 3Y
7.2
Median 5Y
7
Industry
1.7
Forward
8.4
More Details
13.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
13.6
vs History
0
vs Industry
14
Median 3Y
10.6
Median 5Y
10.2
Industry
4.5
More Details
14.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
14.9
vs History
0
vs Industry
11
Median 3Y
12
Median 5Y
11.5
Industry
5.9
Forward
11.5
More Details
22
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
22
vs History
0
vs Industry
10
Median 3Y
17.4
Median 5Y
16.5
Industry
8.3
Forward
15.6
More Details
16.6
EV/OCF
EV/OCF
Enterprise Value to OCF
16.6
vs History
14
vs Industry
12
Median 3Y
15.7
Median 5Y
14.4
Industry
6.4
More Details
95.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
95.3
vs History
30
vs Industry
4
Median 3Y
-119.8
Median 5Y
-72.4
Industry
10.8
More Details
1.1
EV/IC
EV/IC
Enterprise Value to IC
1.1
vs History
0
vs Industry
31
Median 3Y
1
Median 5Y
1
Industry
0.9
More Details

Multiples Across Competitors

TRP Competitors Multiples
TC Energy Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
TC Energy Corp
TSX:TRP
72.5B CAD 5.3 15.8 14.9 22
CA
Enbridge Inc
TSX:ENB
138.2B CAD 2.6 27.3 15.4 23.5
US
Williams Companies Inc
NYSE:WMB
74.2B USD 7.1 33.4 17.9 29.8
US
Enterprise Products Partners LP
NYSE:EPD
72.6B USD 1.3 12.4 10.9 14.7
US
Energy Transfer LP
NYSE:ET
64.6B USD 0.8 14.7 8.7 13.5
US
Kinder Morgan Inc
NYSE:KMI
64B USD 4.2 24.7 13.9 21.4
US
ONEOK Inc
NYSE:OKE
59.7B USD 2.8 19.7 14.5 17.8
US
MPLX LP
NYSE:MPLX
54.3B USD 4.5 12.7 11 13.7
US
Cheniere Energy Inc
NYSE:LNG
52B USD 3.3 16 9.8 11.8
US
Targa Resources Corp
NYSE:TRGP
44.8B USD 2.7 35.3 14.2 21.7
US
Cheniere Energy Partners LP
NYSE:CQP
30.4B USD 3.5 14.7 11.3 13.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
TC Energy Corp
TSX:TRP
Average EV/EBITDA: 13
14.9
13%
1.1
CA
Enbridge Inc
TSX:ENB
15.4
14%
1.1
US
Williams Companies Inc
NYSE:WMB
17.9
16%
1.1
US
Enterprise Products Partners LP
NYSE:EPD
10.9
7%
1.6
US
Energy Transfer LP
NYSE:ET
8.7
9%
1
US
Kinder Morgan Inc
NYSE:KMI
13.9
11%
1.3
US
ONEOK Inc
NYSE:OKE
14.5
15%
1
US
MPLX LP
NYSE:MPLX
11
7%
1.6
US
Cheniere Energy Inc
NYSE:LNG
9.8
0%
N/A
US
Targa Resources Corp
NYSE:TRGP
14.2
12%
1.2
US
Cheniere Energy Partners LP
NYSE:CQP
11.3
-1%
N/A

See Also

Summary
TRP intrinsic value, competitors valuation, and company profile.
DCF Valuation
TRP stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TRP stock valuation using valuation multiples.
Wall Street Estimates
TRP price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
TRP stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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