WallStSmart

CMB.TECH NV (CMBT)vsTC Energy Corp (TRP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

TC Energy Corp generates 592% more annual revenue ($15.69B vs $2.27B). CMBT leads profitability with a 37.1% profit margin vs 22.9%. CMBT trades at a lower P/E of 6.5x. CMBT earns a higher WallStSmart Score of 76/100 (B+).

CMBT

Strong Buy

76

out of 100

Grade: B+

Growth: 10.0Profit: 8.5Value: 8.3Quality: 3.0
Piotroski: 1/9Altman Z: 0.73

TRP

Buy

63

out of 100

Grade: C+

Growth: 6.7Profit: 7.5Value: 3.3Quality: 3.0
Piotroski: 4/9Altman Z: 0.54
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CMBTUndervalued (+41.4%)

Margin of Safety

+41.4%

Fair Value

$22.12

Current Price

$20.29

$1.83 discount

UndervaluedFair: $22.12Overvalued
TRPSignificantly Overvalued (-44.2%)

Margin of Safety

-44.2%

Fair Value

$42.26

Current Price

$61.54

$19.28 premium

UndervaluedFair: $42.26Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CMBT6 strengths · Avg: 9.7/10
P/E RatioValuation
6.5x10/10

Attractively priced relative to earnings

Profit MarginProfitability
37.1%10/10

Keeps 37 of every $100 in revenue as profit

Operating MarginProfitability
43.2%10/10

Strong operational efficiency at 43.2%

Revenue GrowthGrowth
81.5%10/10

Revenue surging 81.5% year-over-year

EPS GrowthGrowth
3040.0%10/10

Earnings expanding 3040.0% YoY

Price/BookValuation
1.9x8/10

Reasonable price relative to book value

TRP4 strengths · Avg: 9.0/10
Operating MarginProfitability
44.3%10/10

Strong operational efficiency at 44.3%

Market CapQuality
$64.22B9/10

Large-cap with strong market position

Profit MarginProfitability
22.9%9/10

Keeps 23 of every $100 in revenue as profit

Free Cash FlowQuality
$1.33B8/10

Generating 1.3B in free cash flow

Areas to Watch

CMBT3 concerns · Avg: 2.7/10
Debt/EquityHealth
1.753/10

Elevated debt levels

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

Altman Z-ScoreHealth
0.732/10

Distress zone — elevated risk

TRP3 concerns · Avg: 1.7/10
PEG RatioValuation
2.972/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.542/10

Distress zone — elevated risk

Debt/EquityHealth
2.301/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : CMBT

The strongest argument for CMBT centers on P/E Ratio, Profit Margin, Operating Margin. Profitability is solid with margins at 37.1% and operating margin at 43.2%. Revenue growth of 81.5% demonstrates continued momentum.

Bull Case : TRP

The strongest argument for TRP centers on Operating Margin, Market Cap, Profit Margin. Profitability is solid with margins at 22.9% and operating margin at 44.3%.

Bear Case : CMBT

The primary concerns for CMBT are Debt/Equity, Piotroski F-Score, Altman Z-Score. Debt-to-equity of 1.75 is elevated, increasing financial risk.

Bear Case : TRP

The primary concerns for TRP are PEG Ratio, Altman Z-Score, Debt/Equity. Debt-to-equity of 2.30 is elevated, increasing financial risk.

Key Dynamics to Monitor

CMBT profiles as a growth stock while TRP is a mature play — different risk/reward profiles.

TRP carries more volatility with a beta of 0.95 — expect wider price swings.

CMBT is growing revenue faster at 81.5% — sustainability is the question.

TRP generates stronger free cash flow (1.3B), providing more financial flexibility.

Bottom Line

CMBT scores higher overall (76/100 vs 63/100), backed by strong 37.1% margins and 81.5% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

CMB.TECH NV

ENERGY · OIL & GAS MIDSTREAM · USA

Euronav NV, engages in the transportation and storage of crude oil globally.

TC Energy Corp

ENERGY · OIL & GAS MIDSTREAM · USA

TC Energy Corporation is an energy infrastructure company in North America. The company is headquartered in Calgary, Canada.

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