WallStSmart

Pembina Pipeline Corp (PBA)vsTC Energy Corp (TRP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

TC Energy Corp generates 97% more annual revenue ($15.69B vs $7.96B). TRP leads profitability with a 22.9% profit margin vs 22.4%. PBA appears more attractively valued with a PEG of 1.76. PBA earns a higher WallStSmart Score of 75/100 (B).

PBA

Strong Buy

75

out of 100

Grade: B

Growth: 6.0Profit: 7.5Value: 5.0Quality: 3.5
Piotroski: 3/9Altman Z: 0.89

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

Intrinsic value data unavailable for PBA.

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

PBA5 strengths · Avg: 8.6/10
Operating MarginProfitability
34.0%10/10

Strong operational efficiency at 34.0%

Profit MarginProfitability
22.4%9/10

Keeps 22 of every $100 in revenue as profit

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
20.1%8/10

Revenue surging 20.1% year-over-year

EPS GrowthGrowth
26.2%8/10

Earnings expanding 26.2% YoY

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

PBA3 concerns · Avg: 3.0/10
PEG RatioValuation
1.764/10

Expensive relative to growth rate

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Altman Z-ScoreHealth
0.892/10

Distress zone — elevated risk

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 : PBA

The strongest argument for PBA centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 22.4% and operating margin at 34.0%. Revenue growth of 20.1% 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 : PBA

The primary concerns for PBA are PEG Ratio, Piotroski F-Score, Altman Z-Score.

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

PBA 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.

PBA is growing revenue faster at 20.1% — sustainability is the question.

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

Bottom Line

PBA scores higher overall (75/100 vs 61/100), backed by strong 22.4% margins and 20.1% 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.

Pembina Pipeline Corp

ENERGY · OIL & GAS MIDSTREAM · USA

Pembina Pipeline Corporation provides transportation and midstream services for the energy industry. The company is headquartered in Calgary, Canada.

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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