WallStSmart

TMD Energy Limited (TMDE)vsTC Energy Corp (TRP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

TC Energy Corp generates 2409% more annual revenue ($15.24B vs $607.42M). TRP leads profitability with a 23.1% profit margin vs -0.5%. TRP earns a higher WallStSmart Score of 59/100 (C).

TMDE

Avoid

28

out of 100

Grade: F

Growth: 2.7Profit: 2.5Value: 5.0Quality: 5.0
Piotroski: 5/9Altman Z: 6.65

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

Intrinsic value data unavailable for TMDE.

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

TMDE2 strengths · Avg: 10.0/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Altman Z-ScoreHealth
6.6510/10

Safe zone — low bankruptcy risk

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

TMDE4 concerns · Avg: 2.8/10
EPS GrowthGrowth
1.5%4/10

1.5% earnings growth

Market CapQuality
$30.16M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-17.5%2/10

ROE of -17.5% — below average capital efficiency

Revenue GrowthGrowth
-22.7%2/10

Revenue declined 22.7%

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 : TMDE

The strongest argument for TMDE centers on Price/Book, Altman Z-Score.

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 : TMDE

The primary concerns for TMDE are EPS Growth, Market Cap, Return on Equity. Debt-to-equity of 4.28 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

TMDE profiles as a turnaround stock while TRP is a growth play — different risk/reward profiles.

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

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

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

Bottom Line

TRP scores higher overall (59/100 vs 28/100), backed by strong 23.1% margins and 16.5% revenue growth. Both earn "Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

TMD Energy Limited

ENERGY · OIL & GAS MIDSTREAM · USA

TMD Energy Limited, an investment holding company, provides marine fuel bunkering services.

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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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