TRP Relative Valuation
TRP's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, TRP is overvalued; if below, it's undervalued.
Historical Valuation
TC Energy Corp (TRP) is now in the Overvalued zone, suggesting that its current forward PE ratio of 20.15 is considered Overvalued compared with the five-year average of 15.03. The fair price of TC Energy Corp (TRP) is between 37.60 to 47.54 according to relative valuation methord. Compared to the current price of 53.69 USD , TC Energy Corp is Overvalued By 12.93%.
Relative Value
Fair Zone
37.60-47.54
Current Price：53.69
12.93%
Overvalued
20.16
PE
1Y
3Y
5Y
Trailing
Forward
12.66
EV/EBITDA
TC Energy Corp. (TRP) has a current EV/EBITDA of 12.66. The 5-year average EV/EBITDA is 11.93. The thresholds are as follows: Strongly Undervalued below 9.92, Undervalued between 9.92 and 10.92, Fairly Valued between 12.94 and 10.92, Overvalued between 12.94 and 13.94, and Strongly Overvalued above 13.94. The current Forward EV/EBITDA of 12.66 falls within the Historic Trend Line -Fairly Valued range.
16.31
EV/EBIT
TC Energy Corp. (TRP) has a current EV/EBIT of 16.31. The 5-year average EV/EBIT is 15.94. The thresholds are as follows: Strongly Undervalued below 13.49, Undervalued between 13.49 and 14.72, Fairly Valued between 17.17 and 14.72, Overvalued between 17.17 and 18.40, and Strongly Overvalued above 18.40. The current Forward EV/EBIT of 16.31 falls within the Historic Trend Line -Fairly Valued range.
4.73
PS
TC Energy Corp. (TRP) has a current PS of 4.73. The 5-year average PS is 4.07. The thresholds are as follows: Strongly Undervalued below 2.97, Undervalued between 2.97 and 3.52, Fairly Valued between 4.62 and 3.52, Overvalued between 4.62 and 5.17, and Strongly Overvalued above 5.17. The current Forward PS of 4.73 falls within the Overvalued range.
8.74
P/OCF
TC Energy Corp. (TRP) has a current P/OCF of 8.74. The 5-year average P/OCF is 8.17. The thresholds are as follows: Strongly Undervalued below 5.97, Undervalued between 5.97 and 7.07, Fairly Valued between 9.27 and 7.07, Overvalued between 9.27 and 10.36, and Strongly Overvalued above 10.36. The current Forward P/OCF of 8.74 falls within the Historic Trend Line -Fairly Valued range.
38.90
P/FCF
TC Energy Corp. (TRP) has a current P/FCF of 38.90. The 5-year average P/FCF is -7.72. The thresholds are as follows: Strongly Undervalued below -411.08, Undervalued between -411.08 and -209.40, Fairly Valued between 193.95 and -209.40, Overvalued between 193.95 and 395.63, and Strongly Overvalued above 395.63. The current Forward P/FCF of 38.90 falls within the Historic Trend Line -Fairly Valued range.
TC Energy Corp (TRP) has a current Price-to-Book (P/B) ratio of 3.12. Compared to its 3-year average P/B ratio of 2.21 , the current P/B ratio is approximately 41.40% higher. Relative to its 5-year average P/B ratio of 2.17, the current P/B ratio is about 44.09% higher. TC Energy Corp (TRP) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 0.09%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 0.11% , the current FCF yield is about -100.00% lower.
3.12
P/B
Median3y
2.21
Median5y
2.17
2.59
FCF Yield
Median3y
0.09
Median5y
0.11
Competitors Valuation Multiple
The average P/S ratio for TRP's competitors is 6.40, providing a benchmark for relative valuation. TC Energy Corp Corp (TRP) exhibits a P/S ratio of , which is -100.00% above the industry average. Given its robust revenue growth of 10.30%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of TRP increased by 17.79% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 14.22 to 21.36.
The secondary factor is the Revenue Growth, contributed 10.30%to the performance.
Overall, the performance of TRP in the past 1 year is driven by P/E Change. Which is more unsustainable.
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FAQ
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