Should you buy TransCanada Corporation stock? (NYSE:TRP). Let's see how it does in our automated value investing analysis system.
Based on historical returns, we believe that TransCanada Corporation can grow its free cash at a rate of about 1%. That's positive!
(TransCanada Corporation stock price per share)
||TRP Fair Price
(based on intrinsic value)
||TRP Safety Price (based on a variable margin of safety)||$21.58|
||PE Ratio versus Sector||20% higher than other Energy stocks|
|PE Ratio versus Industry||58% lower than other Oil & Gas Midstream stocks|
|Free Cash Flow Jitter||45%|
We believe that TransCanada Corporation may be worth examining further. It's making money, which is a very positive sign. Is it on sale?
TransCanada Corporation looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.
Does TransCanada Corporation have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.
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