WallStSmart

Permian Basin Royalty Trust (PBT)vsTC Energy Corp (TRP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

TC Energy Corp generates 92996% more annual revenue ($15.48B vs $16.62M). PBT leads profitability with a 88.6% profit margin vs 22.2%. PBT appears more attractively valued with a PEG of 1.12. PBT earns a higher WallStSmart Score of 63/100 (C+).

PBT

Buy

63

out of 100

Grade: C+

Growth: 6.0Profit: 10.0Value: 4.3Quality: 6.0
Piotroski: 3/9

TRP

Buy

55

out of 100

Grade: C

Growth: 4.7Profit: 7.5Value: 3.3Quality: 3.0
Piotroski: 4/9Altman Z: 0.48
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for PBT.

TRPSignificantly Overvalued (-49.2%)

Margin of Safety

-49.2%

Fair Value

$40.83

Current Price

$68.68

$27.85 premium

UndervaluedFair: $40.83Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PBT4 strengths · Avg: 9.5/10
Return on EquityProfitability
90.4%10/10

Every $100 of equity generates 90 in profit

Profit MarginProfitability
88.6%10/10

Keeps 89 of every $100 in revenue as profit

Operating MarginProfitability
84.8%10/10

Strong operational efficiency at 84.8%

Revenue GrowthGrowth
16.2%8/10

16.2% revenue growth

TRP4 strengths · Avg: 9.0/10
Operating MarginProfitability
47.5%10/10

Strong operational efficiency at 47.5%

Market CapQuality
$71.02B9/10

Large-cap with strong market position

Profit MarginProfitability
22.2%9/10

Keeps 22 of every $100 in revenue as profit

Free Cash FlowQuality
$1.10B8/10

Generating 1.1B in free cash flow

Areas to Watch

PBT3 concerns · Avg: 2.7/10
Market CapQuality
$1.28B3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

P/E RatioValuation
88.9x2/10

Premium valuation, high expectations priced in

TRP4 concerns · Avg: 2.5/10
P/E RatioValuation
28.1x4/10

Moderate valuation

PEG RatioValuation
4.452/10

Expensive relative to growth rate

EPS GrowthGrowth
-8.5%2/10

Earnings declined 8.5%

Altman Z-ScoreHealth
0.482/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : PBT

The strongest argument for PBT centers on Return on Equity, Profit Margin, Operating Margin. Profitability is solid with margins at 88.6% and operating margin at 84.8%. Revenue growth of 16.2% 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 22.2% and operating margin at 47.5%.

Bear Case : PBT

The primary concerns for PBT are Market Cap, Piotroski F-Score, P/E Ratio. A P/E of 88.9x leaves little room for execution misses.

Bear Case : TRP

The primary concerns for TRP are P/E Ratio, PEG Ratio, EPS Growth. Debt-to-equity of 2.25 is elevated, increasing financial risk.

Key Dynamics to Monitor

PBT profiles as a growth stock while TRP is a mature play — different risk/reward profiles.

TRP carries more volatility with a beta of 0.98 — expect wider price swings.

PBT is growing revenue faster at 16.2% — sustainability is the question.

Monitor OIL & GAS MIDSTREAM industry trends, competitive dynamics, and regulatory changes.

Bottom Line

PBT scores higher overall (63/100 vs 55/100), backed by strong 88.6% margins and 16.2% revenue growth. Both earn "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.

Permian Basin Royalty Trust

ENERGY · OIL & GAS MIDSTREAM · USA

The Permian Basin Royalty Trust, an express trust, holds primary royalty interests in various oil and gas properties in the United States. The company is headquartered in Dallas, Texas.

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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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