TC Energy Corporation Common Stock (TRP)

FairStock Score: 44/100 — MIXED

Key Financials

Strengths

• Strong Piotroski F-Score of 8/9 indicating robust financial health across profitability, leverage, and efficiency metrics
• Solid return on equity of 11.4% above cost of capital
• Revenue growth of 206.5% demonstrates strong top-line momentum
• Attractive 4.2% dividend yield providing steady income returns

Concerns

• Trades significantly above Graham Number ($39) with negative 57% margin of safety—limited downside protection
• Altman Z-Score of 0.4 places it in the financial distress zone—elevated bankruptcy risk

AI Analysis

TC Energy Corporation Common Stock is a large-cap energy company valued at $63.3 billion. The business generates $15.2 billion in annual revenue with a 6.4% net margin. From a quality standpoint, TC shows near-perfect Piotroski F-Score of 8/9 indicating exceptional financial health and distressed Altman Z-Score of 0.4 warrants caution. On valuation, the stock is reasonably priced at 24.0x earnings, with trades above its Graham Number with a negative 57% margin. Growth dynamics show revenue growing at 206.5% and profit growth of 1.6%. The 4.2% dividend yield adds an income component for patient holders. Our composite FairStock Score of 45/100 reflects mixed fundamentals overall. Investors should weigh the business quality against the current price and their own margin of safety requirements.

Bull Case

TC's 206% revenue growth trajectory could accelerate as it captures additional market share in the energy sector. Operational leverage in the business model means incremental revenue growth could disproportionately boost bottom-line profitability.

Bear Case

Macro headwinds or sector-specific disruption could pressure margins, particularly if competitive intensity increases in the energy space. Regulatory changes, input cost inflation, or demand normalization represent underappreciated risks that could materially impact forward estimates.

Data from SEC filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer