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Intrinsic Value

The intrinsic value of TC Energy Corp (TRS) under the Base Case is 40.22 EUR per share. Compared with the current market price of 55.66 EUR, the stock appears Overvalued by 28% .

The intrinsic value is calculated using the DCF method.

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TRS Intrinsic Value
€40.22
Overvaluation 28%
Intrinsic Value
Price €55.66

TRS is valued in line with its history. A premium of this size has been typical over the past 5 years.

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Current Price €55.66
Intrinsic Value €40.22
Margin of Safety 20% €32.17
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Fundamental Analysis

What TC Energy Does

Energy

TC Energy builds and runs the large energy infrastructure that moves natural gas, liquids, and power across North America. Its main assets are pipelines, storage facilities, and related energy systems that connect producers of fuel with utilities, power plants, industrial users, and export terminals. The company is less of an energy producer and more of a toll collector on the energy supply chain: it owns the routes and the storage that customers need to move fuel safely and reliably.

Headquarters
Canada CA
Employees
6 574
IPO date
May 30, 1985
Read the full company overview
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TC Energy has a narrow economic moat

No Moat Narrow Wide

Building a competing pipeline is hard to justify where TC Energy’s existing routes already meet customers’ needs, because splitting the available business would make the new line difficult to pay for. This protects established routes such as NGTL and the Canadian Mainline, rather than keeping competitors out of every market the company serves.

Read the full moat analysis
Financials
Efficiency

Earnings Waterfall
TC Energy Corp

Wall St Price Targets

Capital Returns

Competitive Landscape

What is the Intrinsic Value of one TRS stock?

The intrinsic value for TC Energy Corp (TRS) under the Base Case is 40.22 EUR.

Is TRS stock undervalued or overvalued?

Compared with the current market price of 55.66 EUR, the stock appears Overvalued by 28% .

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