Discounted Cash Flow
TC Energy Corp. Foreign
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $12.5b | $167.2m | $44.5m | 1.3% | — |
| 2017 | $13.4b (7.5%) | $2.3b (1254.9%) | $-1.5b (-3572.6%) | 16.8% (1159.8%) | $3.44 |
| 2018 | $12.8b (-4.9%) | $2.7b (17.3%) | $-2.1b (-33.0%) | 20.8% (23.3%) | $3.92 (14.0%) |
| 2019 | $12.7b (-1.0%) | $3.0b (11.8%) | $-282.1m (86.3%) | 23.5% (12.9%) | $4.28 (9.2%) |
| 2020 | $12.6b (-0.2%) | $3.3b (11.5%) | $-1.3b (-368.7%) | 26.2% (11.7%) | $4.74 (10.7%) |
| 2021 | $13.0b (2.4%) | $1.4b (-57.6%) | $-175.1m (86.8%) | 10.8% (-58.6%) | $1.87 (-60.5%) |
| 2022 | $14.1b (9.0%) | $536.9m (-61.7%) | $-252.7m (-44.3%) | 3.8% (-64.9%) | $0.64 (-65.8%) |
| 2023 | $14.6b (3.7%) | $2.1b (290.6%) | $-632.3m (-150.3%) | 14.3% (276.8%) | $2.75 (329.7%) |
| 2024 | $13.1b (-10.7%) | $3.4b (60.8%) | $960.4m (251.9%) | 25.8% (80.1%) | $4.43 (61.1%) |
| 2025 | $15.2b (16.7%) | $2.5b (-25.1%) | $1.5b (54.0%) | 16.6% (-35.8%) | $3.27 (-26.2%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
SEC filings report in CAD. Values above are converted to USD for comparison with the US-listed share price.
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.