WallStSmart

Frontline Ltd (FRO)vsTC Energy Corp (TRP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

TC Energy Corp generates 587% more annual revenue ($15.48B vs $2.25B). FRO leads profitability with a 40.2% profit margin vs 22.2%. TRP appears more attractively valued with a PEG of 4.45. FRO earns a higher WallStSmart Score of 74/100 (B).

FRO

Strong Buy

74

out of 100

Grade: B

Growth: 9.3Profit: 9.5Value: 5.3Quality: 6.5
Piotroski: 5/9Altman Z: 1.60

TRP

Buy

55

out of 100

Grade: C

Growth: 4.7Profit: 7.5Value: 3.3Quality: 3.0
Piotroski: 4/9Altman Z: 0.54
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FROOvervalued (-8.2%)

Margin of Safety

-8.2%

Fair Value

$27.85

Current Price

$41.58

$13.73 premium

UndervaluedFair: $27.85Overvalued
TRPSignificantly Overvalued (-48.9%)

Margin of Safety

-48.9%

Fair Value

$40.92

Current Price

$68.43

$27.51 premium

UndervaluedFair: $40.92Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FRO6 strengths · Avg: 10.0/10
P/E RatioValuation
9.6x10/10

Attractively priced relative to earnings

Return on EquityProfitability
31.9%10/10

Every $100 of equity generates 32 in profit

Profit MarginProfitability
40.2%10/10

Keeps 40 of every $100 in revenue as profit

Operating MarginProfitability
51.8%10/10

Strong operational efficiency at 51.8%

Revenue GrowthGrowth
66.9%10/10

Revenue surging 66.9% year-over-year

EPS GrowthGrowth
1580.0%10/10

Earnings expanding 1580.0% YoY

TRP4 strengths · Avg: 9.0/10
Operating MarginProfitability
47.5%10/10

Strong operational efficiency at 47.5%

Market CapQuality
$70.53B9/10

Large-cap with strong market position

Profit MarginProfitability
22.2%9/10

Keeps 22 of every $100 in revenue as profit

Free Cash FlowQuality
$1.10B8/10

Generating 1.1B in free cash flow

Areas to Watch

FRO2 concerns · Avg: 3.0/10
Altman Z-ScoreHealth
1.604/10

Distress zone — elevated risk

PEG RatioValuation
5.582/10

Expensive relative to growth rate

TRP4 concerns · Avg: 2.5/10
P/E RatioValuation
28.0x4/10

Moderate valuation

PEG RatioValuation
4.452/10

Expensive relative to growth rate

EPS GrowthGrowth
-8.5%2/10

Earnings declined 8.5%

Altman Z-ScoreHealth
0.542/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : FRO

The strongest argument for FRO centers on P/E Ratio, Return on Equity, Profit Margin. Profitability is solid with margins at 40.2% and operating margin at 51.8%. Revenue growth of 66.9% 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 22.2% and operating margin at 47.5%.

Bear Case : FRO

The primary concerns for FRO are Altman Z-Score, PEG Ratio.

Bear Case : TRP

The primary concerns for TRP are P/E Ratio, PEG Ratio, EPS Growth. Debt-to-equity of 2.25 is elevated, increasing financial risk.

Key Dynamics to Monitor

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

TRP carries more volatility with a beta of 0.98 — expect wider price swings.

FRO is growing revenue faster at 66.9% — sustainability is the question.

TRP generates stronger free cash flow (1.1B), providing more financial flexibility.

Bottom Line

FRO scores higher overall (74/100 vs 55/100), backed by strong 40.2% margins and 66.9% 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.

Frontline Ltd

ENERGY · OIL & GAS MIDSTREAM · USA

Frontline Ltd., a shipping company, is engaged in shipping crude oil and petroleum products globally. The company is headquartered in Hamilton, Bermuda.

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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