Valuation TC Energy Corporation

Equities

Market Closed - Toronto S.E. Other stock markets 16:17:26 2024-09-13 EDT			5-day change	1st Jan Change
63.27 ^CAD	+1.12%		-0.11%	+22.24%

09-13	Sector Update: Energy Stocks Rise Late Afternoon	MT
09-13	Sector Update: Energy Stocks Rise in Friday Afternoon Trading	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	64,623	48,648	57,610	54,628	53,700	65,643	-	-
Change	-	-24.72%	18.42%	-5.18%	-1.7%	22.24%	-	-
Enterprise Value (EV) ¹	113,179	96,677	109,703	112,308	113,223	127,148	129,646	131,811
Change	-	-14.58%	13.47%	2.37%	0.82%	12.3%	1.96%	1.67%
P/E ratio	16.2x	10.9x	31.6x	84.3x	18.8x	15.3x	14.3x	12.8x
PBR	2.11x	1.55x	1.73x	1.62x	1.82x	2.33x	2.26x	2.18x
PEG	-	1x	-0.5x	-1.3x	0x	0.3x	2.13x	1.1x
Capitalization / Revenue	4.88x	3.74x	4.3x	3.65x	3.37x	3.95x	3.78x	3.57x
EV / Revenue	8.54x	7.44x	8.19x	7.5x	7.11x	7.65x	7.47x	7.17x
EV / EBITDA	12.1x	10.3x	11.7x	11.3x	10.3x	11.1x	10.8x	10.2x
EV / EBIT	16.4x	14.3x	16x	15.3x	13.8x	14.8x	14.1x	13.3x
EV / FCF	-103x	-101x	114x	-371x	-153x	-311x	61.9x	42.8x
FCF Yield	-0.97%	-0.99%	0.88%	-0.27%	-0.65%	-0.32%	1.61%	2.34%
Dividend per Share ²	3	3.24	3.48	3.6	3.72	3.84	3.955	4.063
Rate of return	4.34%	6.26%	5.92%	6.67%	7.19%	6.07%	6.25%	6.42%
EPS ²	4.28	4.74	1.86	0.64	2.75	4.143	4.42	4.926
Distribution rate	70.1%	68.4%	187%	563%	135%	92.7%	89.5%	82.5%
Net sales ¹	13,255	12,999	13,387	14,977	15,934	16,631	17,360	18,382
EBITDA ¹	9,366	9,351	9,382	9,901	10,988	11,451	11,996	12,885
EBIT ¹	6,902	6,761	6,860	7,317	8,210	8,577	9,199	9,923
Net income ¹	4,000	4,457	1,815	641	2,829	4,289	4,589	5,112
Net Debt ¹	48,556	48,029	52,093	57,680	59,523	61,505	64,003	66,168
Reference price ²	69.16	51.75	58.83	53.98	51.76	63.27	63.27	63.27
Nbr of stocks (in thousands)	934,395	940,064	979,259	1,012,000	1,037,488	1,037,505	-	-
Announcement Date	2/13/20	2/18/21	2/15/22	2/14/23	2/16/24	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
TC ENERGY CORPORATION	15.27x	7.65x	11.1x	+6.07%	48.33B
ENBRIDGE INC.	19.39x	5.54x	11.96x	+6.62%	88.77B
ENTERPRISE PRODUCTS PARTNERS L.P.	10.96x	1.66x	9.55x	+7.11%	64.28B
WILLIAMS COMPANIES	25.45x	7.85x	11.5x	+4.23%	54.89B
ONEOK, INC..	18.01x	3.23x	11.98x	+4.36%	53.37B
KINDER MORGAN, INC.	17.36x	4.92x	9.84x	+5.44%	46.92B
MPLX LP	10.41x	5.36x	9.59x	+8.08%	44.68B
TARGA RESOURCES CORP.	26.26x	2.46x	11.56x	+2.02%	32.47B
CHENIERE ENERGY PARTNERS, L.P.	10.93x	4.27x	10.45x	+6.66%	23.63B
PEMBINA PIPELINE CORPORATION	16.96x	5.96x	10.97x	+4.89%	23.97B
Average	17.10x	4.89x	10.85x	+5.55%	48.13B
Weighted average by Cap.	17.28x	4.91x	10.93x	+5.73%