` TRP (TC Energy Corp) vs ENB (Enbridge Inc) Comparison - Alpha Spread

TRP
vs
ENB

Over the past 12 months, TRP has outperformed ENB, delivering a return of +41% compared to the ENB's +25% growth.

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TRP
ENB
One-click summary across all key metrics.
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One-click summary across all key metrics.
Ranked results with clear takeaways.
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Valuation
Growth
Profitability
Solvency
Comparing Valuation
Running a multi-layered valuation analysis to compare how attractive each stock is.
Comparing Growth
Financial growth, forecasts, volatility, and historical drawdowns.
Comparing Profitability
Margins, returns on capital, and the consistency of profitability.
Comparing Solvency
Debt levels, liquidity, interest coverage, and bankruptcy risk.
Summarizing...
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Valuation Comparison

TRP Intrinsic Value
54.04 USD
Undervaluation 12%
Intrinsic Value
Price
ENB Intrinsic Value
71.15 CAD
Undervaluation 15%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
TC Energy Corp
NYSE:TRP
47.4 USD
Enbridge Inc
TSX:ENB
60.32 CAD
Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
TRP vs ENB

TRP
ENB
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
TC Energy Corp
Revenue
Enbridge Inc
Revenue

All metrics are calculated based on data from the last 10 years.

Profitability Comparison

Free Cash Flow
TRP vs ENB

TRP
ENB
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
TC Energy Corp
NYSE:TRP
Enbridge Inc
TSX:ENB
What is Free Cash Flow?

Gross Margin

TRP
68.1%
ENB
42.4%
LTM 3Y Avg 5Y Avg 10Y Avg
TC Energy Corp
Enbridge Inc

Operating Margin

TRP
43.8%
ENB
17.2%
LTM 3Y Avg 5Y Avg 10Y Avg
TC Energy Corp
Enbridge Inc

Net Margin

TRP
33.2%
ENB
9.7%
LTM 3Y Avg 5Y Avg 10Y Avg
TC Energy Corp
Enbridge Inc

FCF Margin

TRP
5.6%
ENB
8.2%
LTM 3Y Avg 5Y Avg 10Y Avg
TC Energy Corp
Enbridge Inc

ROE

TRP
15.1%
ENB
8.9%
LTM 3Y Avg 5Y Avg 10Y Avg
TC Energy Corp
Enbridge Inc

ROA

TRP
3.5%
ENB
2.9%
LTM 3Y Avg 5Y Avg 10Y Avg
TC Energy Corp
Enbridge Inc

ROIC

TRP
4.2%
ENB
4.1%
LTM 3Y Avg 5Y Avg 10Y Avg
TC Energy Corp
Enbridge Inc

ROCE

TRP
5.1%
ENB
5.6%
LTM 3Y Avg 5Y Avg 10Y Avg
TC Energy Corp
Enbridge Inc

Solvency Comparison

Balance Sheet Comparison

Stocks Performance

Stocks Performance
TRP vs ENB

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Performance Gap
TRP vs ENB

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TRP
ENB
Difference
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Performance By Year
TRP vs ENB

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TRP
ENB
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