WallStSmart

FLEX LNG Ltd (FLNG)vsTC Energy Corp (TRP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

TC Energy Corp generates 4284% more annual revenue ($15.24B vs $347.64M). TRP leads profitability with a 23.1% profit margin vs 21.5%. FLNG trades at a lower P/E of 21.8x. TRP earns a higher WallStSmart Score of 59/100 (C).

FLNG

Hold

42

out of 100

Grade: D

Growth: 2.0Profit: 7.5Value: 5.7Quality: 4.5
Piotroski: 2/9Altman Z: 0.62

TRP

Buy

59

out of 100

Grade: C

Growth: 6.0Profit: 7.5Value: 4.7Quality: 3.0
Piotroski: 4/9Altman Z: 0.48
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FLNGSignificantly Overvalued (-177.4%)

Margin of Safety

-177.4%

Fair Value

$9.38

Current Price

$30.26

$20.88 premium

UndervaluedFair: $9.38Overvalued
TRPSignificantly Overvalued (-216.8%)

Margin of Safety

-216.8%

Fair Value

$19.23

Current Price

$64.08

$44.85 premium

UndervaluedFair: $19.23Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FLNG3 strengths · Avg: 9.0/10
Operating MarginProfitability
48.7%10/10

Strong operational efficiency at 48.7%

Profit MarginProfitability
21.5%9/10

Keeps 22 of every $100 in revenue as profit

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

TRP4 strengths · Avg: 9.0/10
Operating MarginProfitability
45.4%10/10

Strong operational efficiency at 45.4%

Market CapQuality
$66.54B9/10

Large-cap with strong market position

Profit MarginProfitability
23.1%9/10

Keeps 23 of every $100 in revenue as profit

Revenue GrowthGrowth
16.5%8/10

16.5% revenue growth

Areas to Watch

FLNG4 concerns · Avg: 2.5/10
Market CapQuality
$1.63B3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Revenue GrowthGrowth
-3.7%2/10

Revenue declined 3.7%

EPS GrowthGrowth
-52.5%2/10

Earnings declined 52.5%

TRP4 concerns · Avg: 3.0/10
P/E RatioValuation
25.3x4/10

Moderate valuation

EPS GrowthGrowth
0.5%4/10

0.5% earnings growth

PEG RatioValuation
4.612/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.482/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : FLNG

The strongest argument for FLNG centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 21.5% and operating margin at 48.7%.

Bull Case : TRP

The strongest argument for TRP centers on Operating Margin, Market Cap, Profit Margin. Profitability is solid with margins at 23.1% and operating margin at 45.4%. Revenue growth of 16.5% demonstrates continued momentum.

Bear Case : FLNG

The primary concerns for FLNG are Market Cap, Piotroski F-Score, Revenue Growth. Debt-to-equity of 2.57 is elevated, increasing financial risk.

Bear Case : TRP

The primary concerns for TRP are P/E Ratio, EPS Growth, PEG Ratio. Debt-to-equity of 2.23 is elevated, increasing financial risk.

Key Dynamics to Monitor

FLNG profiles as a declining stock while TRP is a growth play — different risk/reward profiles.

TRP carries more volatility with a beta of 1.00 — expect wider price swings.

TRP is growing revenue faster at 16.5% — sustainability is the question.

TRP generates stronger free cash flow (548M), providing more financial flexibility.

Bottom Line

TRP scores higher overall (59/100 vs 42/100), backed by strong 23.1% margins and 16.5% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

FLEX LNG Ltd

ENERGY · OIL & GAS MIDSTREAM · USA

Flex LNG Ltd., is dedicated to the global shipping of liquefied natural gas (LNG). The company is headquartered in Hamilton, Bermuda.

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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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