TC Energy Financials

TRP-PF Preferred Stock  CAD 17.37  0.23  1.31%   
You can harness fundamental analysis to find out if TC Energy Corp is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate data for twenty-eight available financial indicators for TC Energy, which can be compared to its peers in the sector. The preferred stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of TC Energy to be traded at C$16.85 in 90 days.
  
Please note, the presentation of TC Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, TC Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of TC Energy's management manipulating its earnings.
InstrumentCanada Preferred Stock View All
ExchangeToronto Exchange
ISINCA87807B3056
Business Address450 - 1
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.tcenergy.com
Phone403 920 2000
CurrencyCAD - Canadian Dollar
You should never invest in TC Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of TRP-PF Preferred Stock, because this is throwing your money away. Analyzing the key information contained in TC Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

TC Energy Key Financial Ratios

TC Energy's financial ratios allow both analysts and investors to convert raw data from TC Energy's financial statements into concise, actionable information that can be used to evaluate the performance of TC Energy over time and compare it to other companies across industries.

TRP-PF Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining TC Energy's current stock value. Our valuation model uses many indicators to compare TC Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TC Energy competition to find correlations between indicators driving TC Energy's intrinsic value. More Info.
TC Energy Corp is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about  0.33  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for TC Energy Corp is roughly  3.04 . Comparative valuation analysis is a catch-all model that can be used if you cannot value TC Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for TC Energy's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

TC Energy Corp Systematic Risk

TC Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. TC Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on TC Energy Corp correlated with the market. If Beta is less than 0 TC Energy generally moves in the opposite direction as compared to the market. If TC Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TC Energy Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TC Energy is generally in the same direction as the market. If Beta > 1 TC Energy moves generally in the same direction as, but more than the movement of the benchmark.

TC Energy December 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of TC Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TC Energy Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of TC Energy Corp based on widely used predictive technical indicators. In general, we focus on analyzing TRP-PF Preferred Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TC Energy's daily price indicators and compare them against related drivers.

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When running TC Energy's price analysis, check to measure TC Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TC Energy is operating at the current time. Most of TC Energy's value examination focuses on studying past and present price action to predict the probability of TC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC Energy's price. Additionally, you may evaluate how the addition of TC Energy to your portfolios can decrease your overall portfolio volatility.
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