ducovest

TRP:NYE-TransCanada Corporation (USD)

EQUITY | Oil & Gas Midstream | New York Stock Exchange

Last Closing

USD 45.79

Change

0.00 (0.00)%

Market Cap

USD 39.13B

Volume

1.68M

Analyst Target

USD 54.51
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

TransCanada Corp is an energy infrastructure company. The Company operates in three business segments: Natural Gas Pipelines, Liquid Pipelines and Energy.

Company Website : http://www.transcanada.com

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-22 )

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 USD 25.28B
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+0.16 (+0.44%)

 USD 21.14B
WES Western Midstream Partners LP

+0.71 (+1.85%)

 USD 15.31B
DTM DT Midstream Inc

+0.67 (+0.66%)

 USD 10.43B

ETFs Containing TRP

HUTS:CA Hamilton Enhanced Utiliti.. 11.33 % 0.00 %

+0.06 (+1.56%)

 CAD 0.13B
AMNA ETRACS Alerian Midstream .. 9.80 % 0.00 %

N/A

 USD 8.04M
UTIL:CA Global X Canadian Utility.. 9.13 % 0.00 %

+0.08 (+1.56%)

 CAD 0.02B
ZEO:CA BMO Equal Weight Oil & Ga.. 8.77 % 0.61 %

+0.87 (+1.56%)

 CAD 0.21B
PPLN:CA Global X Pipelines & Ener.. 8.29 % 0.00 %

+0.09 (+1.56%)

 N/A
HOG:CA 8.24 % 0.64 %

N/A

 N/A
AMTR ETRACS Alerian Midstream .. 7.88 % 0.00 %

N/A

 USD 7.67M
UMAX:CA Hamilton Utilities YIELD .. 7.54 % 0.00 %

+0.02 (+1.56%)

 N/A
USAI Pacer American Energy Ind.. 7.18 % 0.75 %

+0.45 (+1.56%)

 USD 0.08B
MLPX Global X MLP & Energy Inf.. 6.79 % 0.45 %

+0.47 (+1.56%)

 USD 2.28B
XDV:CA iShares Canadian Select D.. 5.30 % 0.55 %

+0.11 (+1.56%)

 CAD 1.77B
XEI:CA iShares S&P/TSX Composite.. 5.17 % 0.22 %

+0.12 (+1.56%)

 CAD 1.68B
ZWU:CA BMO Covered Call Utilitie.. 5.14 % 0.71 %

+0.03 (+1.56%)

 CAD 1.81B
MDST Ultimus Managers Trust 4.78 % 0.00 %

+0.42 (+1.56%)

 USD 0.07B
GPOW 4.73 % 0.00 %

N/A

 N/A
VDY:CA Vanguard FTSE Canadian Hi.. 4.52 % 0.22 %

+0.25 (+1.56%)

 CAD 3.25B
ZGI:CA BMO Global Infrastructure.. 4.46 % 0.60 %

+0.13 (+1.56%)

 CAD 0.59B
XCV:CA iShares Canadian Value 4.35 % 0.55 %

+0.07 (+1.56%)

 CAD 0.08B
ATMP 3.97 % 0.00 %

N/A

 N/A
TOLZ ProShares DJ Brookfield G.. 3.89 % 0.45 %

-0.08 (1.56%)

 USD 0.13B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 3.88 % 0.00 %

-0.19 (1.56%)

 USD 0.36B
XCAN:SW Xtrackers MSCI Canada ESG.. 3.88 % 0.00 %

-0.09 (1.56%)

 USD 0.64B
ICAE:CA Invesco S&P/TSX Canadian .. 3.70 % 0.00 %

N/A

 CAD 8.15M
ZDV:CA BMO Canadian Dividend 3.69 % 0.38 %

+0.10 (+1.56%)

 CAD 1.10B
PDF:CA Purpose Core Dividend Fun.. 3.64 % 0.68 %

+0.01 (+1.56%)

 CAD 0.21B
FCCD:CA Fidelity Canadian High Di.. 3.26 % 0.00 %

+0.14 (+1.56%)

 CAD 0.22B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 2.88 % 0.00 %

-0.06 (1.56%)

 CAD 3.46M
PINC:CA Purpose Multi-Asset Incom.. 2.84 % 0.99 %

-0.01 (1.56%)

 CAD 0.06B
PDIV:CA Purpose Enhanced Dividend.. 2.76 % 0.86 %

N/A

 CAD 0.06B
CDZ:CA iShares S&P/TSX Canadian .. 2.53 % 0.66 %

+0.11 (+1.56%)

 CAD 0.98B
CDEF:CA Manulife Smart Defensive .. 2.52 % 0.00 %

N/A

 CAD 1.44M
DRMC:CA Desjardins RI Canada - Ne.. 2.48 % 0.29 %

+0.04 (+1.56%)

 CAD 0.04B
TLV:CA Invesco S&P/TSX Composite.. 2.22 % 0.34 %

-0.06 (1.56%)

 CAD 0.07B
DWX SPDR® S&P International .. 0.00 % 0.45 %

-0.14 (1.56%)

 N/A
ENY 0.00 % 0.66 %

N/A

 N/A
FAI:CA 0.00 % 1.14 %

N/A

 N/A
PPS:CA 0.00 % 1.77 %

N/A

 N/A
PR:CA Lysander-Slater Preferred.. 0.00 % 1.03 %

-0.02 (1.56%)

 CAD 0.08B
CID VictoryShares Internation.. 0.00 % 0.45 %

-600.00 (1.56%)

 USD 0.01B
HUTL:CA Harvest Equal Weight Glob.. 0.00 % 0.00 %

+0.05 (+1.56%)

 CAD 0.25B
NPRF:CA NBI Active Canadian Prefe.. 0.00 % 0.00 %

-0.02 (1.56%)

 CAD 0.15B
RPF:CA RBC Canadian Preferred Sh.. 0.00 % 0.59 %

+0.06 (+1.56%)

 N/A
TPYP Tortoise North American P.. 0.00 % 0.40 %

+0.30 (+1.56%)

 N/A
XTR:CA iShares Diversified Month.. 0.00 % 0.62 %

+0.02 (+1.56%)

 CAD 0.37B
ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.72 %

-0.04 (1.56%)

 CAD 1.66B
XS3R:LSE Xtrackers MSCI Europe Con.. 0.00 % 0.00 %

-5.00 (1.56%)

 USD 0.06B
XCAD:LSE Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

-0.27 (1.56%)

 N/A
D5BH:F Xtrackers - MSCI Canada U.. 0.00 % 0.00 %

+0.32 (+1.56%)

 N/A
DXN:CA Dynamic Active Global Inf.. 0.00 % 0.00 %

-0.07 (1.56%)

 CAD 0.03B
ESGC:CA Invesco S&P/TSX Composite.. 0.00 % 0.00 %

-0.04 (1.56%)

 CAD 0.06B
FCCV:CA Fidelity Canadian Value E.. 0.00 % 0.00 %

+0.05 (+1.56%)

 CAD 0.24B
TINF:CA TD Active Global Infrastr.. 0.00 % 0.00 %

+0.07 (+1.56%)

 CAD 0.14B
HPF-U:CA Harvest Energy Leaders Pl.. 0.00 % 0.00 %

N/A

 N/A
EINC VanEck Energy Income ETF 0.00 % 0.00 %

+0.72 (+1.56%)

 USD 0.07B

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Midstream) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 17.14% 66% D+ 75% C
Dividend Return 5.43% 23% F 70% C-
Total Return 22.57% 60% D- 78% C+
Trailing 12 Months  
Capital Gain 14.56% 62% D 71% C-
Dividend Return 7.07% 40% F 81% B-
Total Return 21.63% 55% F 77% C+
Trailing 5 Years  
Capital Gain -13.62% 13% F 34% F
Dividend Return 28.59% 29% F 80% B-
Total Return 14.97% 18% F 43% F
Average Annual (5 Year Horizon)  
Capital Gain -0.75% 6% D- 28% F
Dividend Return 4.82% 11% F 43% F
Total Return 5.58% 36% F 87% B+
Risk Return Profile  
Volatility (Standard Deviation) 19.80% 87% B+ 55% F
Risk Adjusted Return 24.37% 6% D- 39% F
Market Capitalization 39.13B 92% A 96% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas Midstream) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 14.03 46% 62%
Price/Book Ratio 2.56 37% 34%
Price / Cash Flow Ratio 6.96 34% 51%
Price/Free Cash Flow Ratio 11.57 17% 42%
Management Effectiveness  
Return on Equity 15.62% 42% 77%
Return on Invested Capital 10.36% 46% 69%
Return on Assets 3.33% 8% 61%
Debt to Equity Ratio 203.92% 31% 18%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.