TC Energy Corp banner

TC Energy Corp
NYSE:TRP

Watchlist Manager
TC Energy Corp Logo
TC Energy Corp
NYSE:TRP
Watchlist
Price: 61.42 USD 0.9%
Market Cap: $63.7B

EV/OCF

19.7
Current
23%
More Expensive
vs 3-y average of 16

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
19.7
=
Enterprise Value
$147.2B
/
Operating Cash Flow
CA$7.3B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
19.7
=
Enterprise Value
$147.2B
/
Operating Cash Flow
CA$7.3B

Valuation Scenarios

TC Energy Corp is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (16), the stock would be worth $49.93 (19% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-65%
Maximum Upside
No Upside Scenarios
Average Downside
36%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 19.7 $61.42
0%
3-Year Average 16 $49.93
-19%
5-Year Average 15.5 $48.44
-21%
Industry Average 6.9 $21.66
-65%
Country Average 11.9 $37.3
-39%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
CA
TC Energy Corp
NYSE:TRP
86.8B USD 19.7 25.8
CA
Enbridge Inc
TSX:ENB
156.9B CAD 20.9 22.2
US
Williams Companies Inc
NYSE:WMB
87.6B USD 19.5 33.3
US
Enterprise Products Partners LP
NYSE:EPD
81.8B USD 13.2 14.1
US
Kinder Morgan Inc
NYSE:KMI
70.6B USD 16.9 22.8
US
Energy Transfer LP
NYSE:ET
65.9B USD 13 15.6
US
MPLX LP
NYSE:MPLX
56.7B USD 13.2 11.4
US
ONEOK Inc
NYSE:OKE
54.9B USD 15.4 16.1
US
Cheniere Energy Inc
NYSE:LNG
54.1B USD 13.6 10
US
Targa Resources Corp
NYSE:TRGP
51.5B USD 17.2 27.7
US
Cheniere Energy Partners LP
NYSE:CQP
30.4B USD 16 12.2

Market Distribution

In line with most companies in Canada
Percentile
57th
Based on 1 926 companies
57th percentile
14.3
Low
0 — 7.9
Typical Range
7.9 — 19.5
High
19.5 —
Distribution Statistics
Canada
Min 0
30th Percentile 7.9
Median 11.9
70th Percentile 19.5
Max 22 577.3

TC Energy Corp
Glance View

In the heart of North America, TC Energy Corp. stands as a titan in the energy infrastructure sector, weaving a complex tapestry of pipelines, power generation, and energy storage systems. The company, well-embedded in the landscape of Canada, the United States, and Mexico, orchestrates the movement of an essential commodity—natural gas—through a sophisticated network of over 93,300 kilometers of pipelines. This sprawling infrastructure not only ensures the smooth flow of natural gas to meet residential and industrial demand but substantially contributes to its robust revenue streams. Additionally, TC Energy extends its expertise into liquid pipelines, predominantly crude oil, tapping into North America's abundant energy resources to transport products across long distances. This multifaceted pipeline system endows the company with a crucial role in securing energy accessibility and reliability throughout the continent. Beyond its pipelines, TC Energy delves into the power generation realm, strategically investing in both traditional and renewable energy assets. Through its diversified energy offerings, the company plays a significant role in ensuring energy sustainability for the future. Its power ventures, which include natural gas-fired and nuclear facilities, generate a stable stream of revenue, complementing its core pipeline business. Moreover, TC Energy's commitment to sustainable practices is evident in its strategic focus on renewable energy sources, aligning with global trends toward cleaner energy. By blending traditional and innovative approaches, TC Energy Corp. not only functions as a pivotal energy transporter but also as a dynamic player in the modern energy landscape, deftly balancing current demands while embracing future opportunities.

TRP Intrinsic Value
56.58 USD
Overvaluation 8%
Intrinsic Value
Price $61.42
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett