TC Energy (TSX:TRP.PR.L.PFD) EV-to-FCF: 0.00 (As of Jul. 12, 2026)


TSX:TRP.PR.L.PFD TC Energy Corp TSX:TRP.PR.L.PFD
75 GF Score
Price C$23.20
! 12 Warning Signs
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What is TC Energy EV-to-FCF?

TC Energy TSX:TRP.PR.L.PFD 75 EV-to-FCF is 0.00 as of Jul. 12, 2026. GuruFocus rates TSX:TRP.PR.L.PFD with a GF Score™ of 75/100. The stock has 12 warning signs investors should review. Among 580 Oil & Gas companies, TC Energy ranks worse than 84.66% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, TC Energy's Enterprise Value is C$0.00 Mil. TC Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was C$3,794.00 Mil. Therefore, TC Energy's EV-to-FCF for today is 0.00.

The historical rank and industry rank for TC Energy's EV-to-FCF or its related term are showing as below:

TSX:TRP.PR.L.PFD' s EV-to-FCF Range Over the Past 10 Years
Min: -1095.72   Med: -40   Max: 512.17
Current: 45.32

During the past 13 years, the highest EV-to-FCF of TC Energy was 512.17. The lowest was -1095.72. And the median was -40.00.

TSX:TRP.PR.L.PFD's EV-to-FCF is ranked worse than
84.66% of 580 companies
in the Oil & Gas industry
Industry Median: 15.655 vs TSX:TRP.PR.L.PFD: 45.32

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-12), TC Energy's stock price is C$23.20. TC Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was C$0.000. Therefore, TC Energy's PE Ratio (TTM) for today is N/A.


TC Energy  (TSX:TRP.PR.L.PFD) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

TC Energy's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=23.20/0.000
=N/A

TC Energy's share price for today is C$23.20.
TC Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.000.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


TC Energy EV-to-FCF Related Terms


TC Energy EV-to-FCF Historical Data

* Premium members only.

The historical data trend for TC Energy's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TC Energy EV-to-FCF Chart

TC Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.47 -314.60 -137.17 106.09 73.29

TC Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 208.56 96.93 77.37 73.29 43.06

TSX:TRP.PR.L.PFD vs WMB, EPD, KMI: EV-to-FCF Comparison

For the Oil & Gas Midstream subindustry, TC Energy's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TC Energy EV-to-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TC Energy's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where TC Energy's EV-to-FCF falls into.


TSX:TRP.PR.L.PFD
75GF Score
TC Energy Corp TSX:TRP.PR.L.PFD
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TC Energy EV-to-FCF Calculation

TC Energy's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=0.000/3794
=0.00

TC Energy's current Enterprise Value is C$0.00 Mil.
TC Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3,794.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 0.00 mean?
TC Energy (TSX:TRP.PR.L.PFD) has a EV-to-FCF of 0.00 as of Jul. 12, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on TC Energy and its competitors. According to the industry distribution chart, TC Energy ranks #491 out of 580 companies in the Oil & Gas industry, placing it in the top 84.7%.
Is TC Energy's EV-to-FCF too high?
TC Energy's current EV-to-FCF is 0.00. Based on the distribution chart, TC Energy ranks #491 out of 580 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, TC Energy has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does TC Energy's EV-to-FCF compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, TC Energy ranks #491 out of 580 companies for EV-to-FCF. This places TC Energy in the lower half of its industry. The industry median EV-to-FCF is 15.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.66, based on 580 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on TC Energy and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TC Energy's current EV-to-FCF is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TC Energy stock overvalued right now?
TC Energy (TSX:TRP.PR.L.PFD) has a current EV-to-FCF of 0.00. The current EV-to-FCF is 0.00. TC Energy's overall GF Score™ is 75/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For TC Energy (TSX:TRP.PR.L.PFD), the current EV-to-FCF is 0.00 as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TC Energy Business Description

Industry EnergyOil & Gas
Address 450 - 1 Street S.W, TC Energy Tower, Calgary, AB, CAN, T2P 5H1
TC Energy operates natural gas transmission assets across North America. Segments are determined by country of operation, but both Canadian and US operations are interconnected. Mexican operations are disconnected from the US and only have one customer, the state utility CFE. They also operate power generation assets, with the largest being the Bruce Power nuclear plant.
75GF Score

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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$23.20
Price