TCPA Stock Report: TransCanada PipeLines Limited 6 Rating & Analysis

Price Action & Execution Volume

258 daily bars · split adjusted

D1 · Split adjusted1Y: -19.51%

RSI (14)

Daily · Wilder smoothing

40.4Bearish range

70 overbought / 30 oversoldLast 120 sessions

MACD (12, 26, 9)

MACD -0.38 Signal -0.44 Hist 0.07

Pivots & Key Levels

Classic floor pivots from 2026-10-23

R2

20.29

R1

20.11

Pivot

19.95

S1

19.77

S2

19.61

Quantitative Signal Summary & Indicator Suite

Computed from daily OHLCV bars

Consensus signal rating

SELL

1 bullish · 4 neutral · 5 bearish

STRONG SELLSELLNEUTRALBUYSTRONG BUY

Oscillators

1 Buy · 4 Neu · 0 Sell

Moving averages

0 Buy · 0 Neu · 5 Sell

Indicator	Value	Type	Action
RSI (14)	40.39	Oscillator	Neutral
Stochastic %K (14, 3, 3)	36.97	Oscillator	Neutral
Williams %R (14)	-65.45	Oscillator	Neutral
MACD (12, 26, 9)	-0.38 (Hist 0.07)	Oscillator	Buy
Average Directional Index (14)	15.29 (+DI 15.8 / -DI 13.4)	Trend	Neutral

Financial Performance & Valuation

Audited annual filings, TTM ratios and consensus forward estimates

Financial Performance

Annual filings (FY) with consensus forward estimates (hatched)

Revenue

$10.02B FY19

8.14B

FY15

9.49B

FY16

10.77B

FY17

9.64B

FY18

10.02B

FY19

GAAP Net Income

$3.19B FY19

-825.0M

FY15

239.4M

FY16

2.52B

FY17

2.71B

FY18

3.19B

FY19

Free Cash Flow

-$159.6M FY19

169.9M

FY15

653.2M

FY16

-1.43B

FY17

-2.01B

FY18

-159.6M

FY19

Key Valuation & Quality Metrics

TTM vs. 5-year historical average (annual ratios)

Metric	TCPA	Historical (5Y) / ref	Status
P/E ratio (TTM)	6.0x	16.8x · sector 14.8x	Discount
Forward P/E	—	—	n/a
Price / Book	0.8x	0.9x	In line
Price / Sales	2.0x	1.8x	In line
EV / EBITDA	8.1x	13.8x	Discount
Return on equity	14.1%	—	Healthy
Gross margin	48.1%	41.0%	Above hist.
Debt / Equity	1.64	1.83	Levered
Piotroski / Altman Z	6/9	Z 0.38	Distress

DCF Fair Value

Discounted cash flow model

DCF

Estimated intrinsic value

$73.66

+269.6% undervalued

vs current price $19.93

Enterprise value: $57.98B
FCF yield (TTM): -0.8%
Earnings yield (TTM): 17.2%
ROIC (TTM): 5.1%
Net debt / EBITDA: 5.31
Model date: 2026-10-23

Street Consensus & Target Distribution

Wall Street price targets and rating actions

12-Month Target Price Spread

Current price $19.93

No price target coverage.

Recent Research Notes & Ratings

Latest analyst grade actions

No rating actions on file.

Ownership & Insider Activity

Shareholder Structure

Free float vs. closely held shares

Free float100.0%

Float shares
1.01B
Closely held
126.5K (0.0%)
Shares outstanding
1.01B

13F institutional holdings are not available in the current data plan.

Recent Insider Transactions

SEC Form 4 filings

No insider transactions reported.

Business Segment & Geographic Diversification

Revenue disaggregation per 10-K filing

Revenue by Business Segment

No segment disclosure.

Revenue by Geography

No geographic disclosure.

Newsfeed & Earnings

Institutional Newsfeed

Stock news · updated daily

No recent news.

Earnings Track Record

Reported EPS vs. consensus estimate

No earnings history.

SEC Filings & Executive Compensation

Recent SEC Regulatory Filings

SEC EDGAR filings · last 12 months

Form	Filed	Accepted	Document
6-K	Oct 6, 2026	2026-10-05 18:03:41	View
6-K	Jul 30, 2026	2026-07-30 08:27:52	View
6-K	Jul 30, 2026	2026-07-30 08:24:12	View
6-K	Apr 15, 2026	2026-04-15 17:02:10	View
SUPPL	Apr 15, 2026	2026-04-15 16:38:35	View
FWP	Apr 15, 2026	2026-04-14 21:42:26	View
SUPPL	Apr 14, 2026	2026-04-14 09:13:21	View
6-K	Mar 20, 2026	2026-03-20 11:36:17	View
6-K	Feb 13, 2026	2026-02-13 07:20:52	View
40-F	Feb 13, 2026	2026-02-13 07:15:13	View

Executive Compensation

Proxy statement (DEF 14A) disclosures

No compensation disclosures.