WallStSmart

Global Partners LP (GLP)vsTC Energy Corp (TRP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Global Partners LP generates 37% more annual revenue ($21.46B vs $15.69B). TRP leads profitability with a 22.9% profit margin vs 0.8%. TRP appears more attractively valued with a PEG of 3.32. GLP earns a higher WallStSmart Score of 65/100 (C+).

GLP

Buy

65

out of 100

Grade: C+

Growth: 7.3Profit: 5.5Value: 6.7Quality: 4.3
Piotroski: 4/9

TRP

Buy

61

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

GLPUndervalued (+15.2%)

Margin of Safety

+15.2%

Fair Value

$57.09

Current Price

$52.75

$4.34 discount

UndervaluedFair: $57.09Overvalued
TRPSignificantly Overvalued (-44.3%)

Margin of Safety

-44.3%

Fair Value

$42.21

Current Price

$60.88

$18.67 premium

UndervaluedFair: $42.21Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GLP5 strengths · Avg: 9.4/10
P/E RatioValuation
10.9x10/10

Attractively priced relative to earnings

Revenue GrowthGrowth
46.8%10/10

Revenue surging 46.8% year-over-year

EPS GrowthGrowth
238.2%10/10

Earnings expanding 238.2% YoY

Return on EquityProfitability
21.2%9/10

Every $100 of equity generates 21 in profit

Price/BookValuation
2.7x8/10

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
$65.23B9/10

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

GLP4 concerns · Avg: 2.8/10
Market CapQuality
$1.81B3/10

Smaller company, higher risk/reward

Profit MarginProfitability
0.8%3/10

0.8% margin — thin

Operating MarginProfitability
1.6%3/10

Operating margin of 1.6%

PEG RatioValuation
6.182/10

Expensive relative to growth rate

TRP3 concerns · Avg: 1.7/10
PEG RatioValuation
3.322/10

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 : GLP

The strongest argument for GLP centers on P/E Ratio, Revenue Growth, EPS Growth. Revenue growth of 46.8% 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 : GLP

The primary concerns for GLP are Market Cap, Profit Margin, Operating Margin. Debt-to-equity of 2.70 is elevated, increasing financial risk. Thin 0.8% margins leave little buffer for downturns.

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

GLP profiles as a hypergrowth stock while TRP is a mature play — different risk/reward profiles.

GLP carries more volatility with a beta of 1.05 — expect wider price swings.

GLP is growing revenue faster at 46.8% — sustainability is the question.

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

Bottom Line

GLP scores higher overall (65/100 vs 61/100) and 46.8% revenue growth. Both earn "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.

Global Partners LP

ENERGY · OIL & GAS MIDSTREAM · USA

Global Partners LP is engaged in the purchase, sale, collection, blending, storage and logistics of the transportation of gasoline and gasoline blends, distillates, residual oil, renewable fuels, crude oil and propane to wholesalers, retailers and commercial customers in New England. states and New York. The company is headquartered in Waltham, Massachusetts.

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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