Tc Energy Corp Stock Current Valuation
| TRP Stock | USD 49.06 0.79 1.58% |
Valuation analysis of TC Energy Corp helps investors to measure TC Energy's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of 11/26/2024, Enterprise Value is likely to grow to about 62.7 B, while Enterprise Value Over EBITDA is likely to drop 10.11. Fundamental drivers impacting TC Energy's valuation include:
Price Book 2.5877 | Enterprise Value 102.5 B | Enterprise Value Ebitda 11.6532 | Price Sales 3.1083 | Forward PE 18.018 |
Fairly Valued
Today
Please note that TC Energy's price fluctuation is very steady at this time. Calculation of the real value of TC Energy Corp is based on 3 months time horizon. Increasing TC Energy's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
TC Energy's intrinsic value may or may not be the same as its current market price of 49.06, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 49.06 | Real 49.32 | Target 42.92 | Hype 49.26 | Naive 50.36 |
The intrinsic value of TC Energy's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence TC Energy's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of TC Energy Corp helps investors to forecast how TRP stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of TC Energy more accurately as focusing exclusively on TC Energy's fundamentals will not take into account other important factors: TC Energy Corp Company Current Valuation Analysis
TC Energy's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current TC Energy Current Valuation | 102.55 B |
Most of TC Energy's fundamental indicators, such as Current Valuation, 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 Current Valuation 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 Current Valuation. 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
TRP Current Valuation Historical Pattern
Today, most investors in TC Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various TC Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of TC Energy current valuation as a starting point in their analysis.
TC Energy Current Valuation |
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Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, TC Energy Corp has a Current Valuation of 102.55 B. This is 162.86% higher than that of the Oil, Gas & Consumable Fuels sector and 264.42% higher than that of the Energy industry. The current valuation for all United States stocks is significantly lower than that of the firm.
TRP Current Valuation 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 Current Valuation 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 current valuation 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.Environmental | Governance | Social |
TRP Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0333 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.40 % | ||||
| Current Valuation | 102.55 B | ||||
| Shares Outstanding | 1.04 B | ||||
| Shares Owned By Insiders | 0.04 % | ||||
| Shares Owned By Institutions | 79.10 % | ||||
| Number Of Shares Shorted | 10.48 M | ||||
| Price To Earning | 12.65 X | ||||
| Price To Book | 2.59 X | ||||
| Price To Sales | 3.11 X | ||||
| Revenue | 15.93 B | ||||
| Gross Profit | 9.61 B | ||||
| EBITDA | 9.6 B | ||||
| Net Income | 2.92 B | ||||
| Cash And Equivalents | 620 M | ||||
| Cash Per Share | 2.08 X | ||||
| Total Debt | 63.66 B | ||||
| Debt To Equity | 1.74 % | ||||
| Current Ratio | 0.64 X | ||||
| Book Value Per Share | 26.93 X | ||||
| Cash Flow From Operations | 7.27 B | ||||
| Short Ratio | 4.25 X | ||||
| Earnings Per Share | 3.51 X | ||||
| Price To Earnings To Growth | 1.69 X | ||||
| Target Price | 61.84 | ||||
| Number Of Employees | 7 K | ||||
| Beta | 0.82 | ||||
| Market Capitalization | 51.74 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 | 0.05 % | ||||
| Five Year Return | 5.04 % | ||||
| Net Asset | 125.03 B | ||||
| Last Dividend Paid | 3.81 |
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.
Pair Trading with TC Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TC Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TC Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with TRP Stock
| 0.72 | AM | Antero Midstream Partners | PairCorr |
| 0.91 | EE | Excelerate Energy | PairCorr |
| 0.78 | ET | Energy Transfer LP Aggressive Push | PairCorr |
| 0.74 | DLNG | Dynagas LNG Partners Earnings Call This Week | PairCorr |
Moving against TRP Stock
| 0.87 | LPG | Dorian LPG | PairCorr |
| 0.64 | FRO | Frontline Earnings Call This Week | PairCorr |
| 0.63 | GEL | Genesis Energy LP | PairCorr |
| 0.61 | BROGW | Brooge Energy Limited | PairCorr |
| 0.49 | FLNG | FLEX LNG Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to TC Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TC Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TC Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TC Energy Corp to buy it.
The correlation of TC Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TC Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TC Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TC Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for TRP Stock Analysis
When running TC Energy's price analysis, check to measure TC Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TC Energy is operating at the current time. Most of TC Energy's value examination focuses on studying past and present price action to predict the probability of TC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC Energy's price. Additionally, you may evaluate how the addition of TC Energy to your portfolios can decrease your overall portfolio volatility.