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 20.19 is considered Overvalued compared with the five-year average of 14.93. The fair price of TC Energy Corp (TRP) is between 37.21 to 46.74 according to relative valuation methord. Compared to the current price of 53.55 USD , TC Energy Corp is Overvalued By 14.56%.
Relative Value
Fair Zone
37.21-46.74
Current Price：53.55
14.56%
Overvalued
20.19
PE
1Y
3Y
5Y
Trailing
Forward
12.97
EV/EBITDA
TC Energy Corp. (TRP) has a current EV/EBITDA of 12.97. The 5-year average EV/EBITDA is 11.91. The thresholds are as follows: Strongly Undervalued below 9.89, Undervalued between 9.89 and 10.90, Fairly Valued between 12.92 and 10.90, Overvalued between 12.92 and 13.93, and Strongly Overvalued above 13.93. The current Forward EV/EBITDA of 12.97 falls within the Overvalued range.
16.86
EV/EBIT
TC Energy Corp. (TRP) has a current EV/EBIT of 16.86. The 5-year average EV/EBIT is 15.94. The thresholds are as follows: Strongly Undervalued below 13.46, Undervalued between 13.46 and 14.70, Fairly Valued between 17.17 and 14.70, Overvalued between 17.17 and 18.41, and Strongly Overvalued above 18.41. The current Forward EV/EBIT of 16.86 falls within the Historic Trend Line -Fairly Valued range.
75.02
PS
TC Energy Corp. (TRP) has a current PS of 75.02. The 5-year average PS is 4.59. The thresholds are as follows: Strongly Undervalued below -7.59, Undervalued between -7.59 and -1.50, Fairly Valued between 10.68 and -1.50, Overvalued between 10.68 and 16.77, and Strongly Overvalued above 16.77. The current Forward PS of 75.02 falls within the Strongly Overvalued range.
9.06
P/OCF
TC Energy Corp. (TRP) has a current P/OCF of 9.06. The 5-year average P/OCF is 8.14. The thresholds are as follows: Strongly Undervalued below 5.94, Undervalued between 5.94 and 7.04, Fairly Valued between 9.25 and 7.04, Overvalued between 9.25 and 10.35, and Strongly Overvalued above 10.35. The current Forward P/OCF of 9.06 falls within the Historic Trend Line -Fairly Valued range.
40.45
P/FCF
TC Energy Corp. (TRP) has a current P/FCF of 40.45. The 5-year average P/FCF is -7.04. The thresholds are as follows: Strongly Undervalued below -414.45, Undervalued between -414.45 and -210.74, Fairly Valued between 196.67 and -210.74, Overvalued between 196.67 and 400.38, and Strongly Overvalued above 400.38. The current Forward P/FCF of 40.45 falls within the Historic Trend Line -Fairly Valued range.
TC Energy Corp (TRP) has a current Price-to-Book (P/B) ratio of 3.13. Compared to its 3-year average P/B ratio of 2.17 , the current P/B ratio is approximately 43.93% higher. Relative to its 5-year average P/B ratio of 2.15, the current P/B ratio is about 45.79% higher. TC Energy Corp (TRP) has a Forward Free Cash Flow (FCF) yield of approximately 2.50%. Compared to its 3-year average FCF yield of 0.03%, the current FCF yield is approximately 9740.58% lower. Relative to its 5-year average FCF yield of 0.04% , the current FCF yield is about 6024.02% lower.
3.13
P/B
Median3y
2.17
Median5y
2.15
2.50
FCF Yield
Median3y
0.03
Median5y
0.04
Competitors Valuation Multiple
The average P/S ratio for TRP's competitors is 43.79, providing a benchmark for relative valuation. TC Energy Corp Corp (TRP) exhibits a P/S ratio of 75.02, which is 71.30% 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 11.94% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 15.29 to 20.96.
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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