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TransCanada Corporation (NYSE: TRP) – Is this large market cap stock undervalued?

TransCanada Corporation (NYSE: TRP), is firmly in the large market cap category with market cap of 38118.19. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for TransCanada Corporation is 47.64 (with a change from open of 0.91%), this in conjunction with a target price of 49.68. Volume today has so far reached 745100, with an average volume of about 977.6. The GAP for this stock, is 1.24%.

The P/E ratio is *TBA, bringing the forward P/E to a value of 22.6. The current EPS for TransCanada Corporation, is -1.54, with a EPS growth for this year coming to a value of -171.20%. Performance has been interesting with performance year to date coming to 50.69%.

Looking further into the growth statistics for TransCanada Corporation, EPS is looking like it will grow 7.22% in the next year. Looking even further it is projected to be 6.71%. Quarter over quarter is -14.10% for EPS growth and for sales growth quarter over quarter it is 4.60%. Looking at past EPS growth statistics we see that for the past five years it has been -24.40%. Sales growth for the past five years has in fact been 10.50%.

Looking at the ownership, we see that the insider ownership is at *TBA and institutional ownership is 60.20%. Shares outstanding is 800.13, while shares float is at a value of 799.46. Float short for TransCanada Corporation is 0.76% and the short ratio is 6.25.

In terms of debt, long term debt/equity is 3.02, while the total debt/equity comes to 3.18. The ability to meet these debts, means that the current ratio is 0.5, and the quick ratio is 0.4. The most recent gross margin is 53.00% and their operating margin is -4.60%. The profit margin is -13.00%.

TransCanada Corporation has seen returns on assets of -2.10%, and on investment, -0.50%. Return on equity is -9.90%. Price/Earnings to growth ratio is *TBA. Price/Sales ratio is at a value of 4.52, with Price/book ratio coming to 3.21 and Price/cash is 29.06, and finally Price/Free cash Flow is *TBA.

The simple moving averages are 1.97% and 19.00% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -1.81% and the 52 week low is 71.35%.

TransCanada Corporation has a dividend yield of 3.61%, with a current price of 47.64. The ability to pay this means the payout ratio is *TBA. This is in an industry, Oil & Gas Pipelines, with equally high dividends from other companies in this sector, which it is Basic Materials. TransCanada Corporation is based in Canada.

Performance in the Oil & Gas Pipelines industry means that TransCanada Corporation has seen performance for the past week of 0.90%, with performance for the month coming to 4.00%. Looking at the data for the quarter it is at a value of 7.58%, and for the half year the performance is 61.15%. Volatility for this week is 1.52% and for the month this is 1.75%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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