TC Energy (NYSE:TRP) and Enlight Renewable Energy (NASDAQ:ENLT) Financial Survey

TC Energy (NYSE:TRP) and Enlight Renewable Energy (NASDAQ:ENLT) are both energy companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, valuation, earnings, profitability, analyst recommendations, risk and institutional ownership.

Analyst Recommendations

This is a summary of recent ratings and price targets for TC Energy and Enlight Renewable Energy, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TC Energy	0	4	6	2	2.83
Enlight Renewable Energy	2	3	3	0	2.13

TC Energy currently has a consensus price target of $84.00, indicating a potential upside of 53.66%. Enlight Renewable Energy has a consensus price target of $37.50, indicating a potential downside of 3.35%. Given TC Energy’s stronger consensus rating and higher possible upside, equities research analysts clearly believe TC Energy is more favorable than Enlight Renewable Energy.

Profitability

This table compares TC Energy and Enlight Renewable Energy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TC Energy	23.86%	10.61%	3.16%
Enlight Renewable Energy	22.60%	7.41%	1.89%

Risk & Volatility

TC Energy has a beta of 0.7, meaning that its share price is 30% less volatile than the S&P 500. Comparatively, Enlight Renewable Energy has a beta of 1.5, meaning that its share price is 50% more volatile than the S&P 500.

Insider and Institutional Ownership

83.1% of TC Energy shares are held by institutional investors. Comparatively, 38.9% of Enlight Renewable Energy shares are held by institutional investors. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Valuation and Earnings

This table compares TC Energy and Enlight Renewable Energy”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
TC Energy	$14.65 billion	3.88	$3.43 billion	$2.32	23.56
Enlight Renewable Energy	$398.80 million	N/A	$44.21 million	$0.96	40.42

TC Energy has higher revenue and earnings than Enlight Renewable Energy. TC Energy is trading at a lower price-to-earnings ratio than Enlight Renewable Energy, indicating that it is currently the more affordable of the two stocks.

Summary

TC Energy beats Enlight Renewable Energy on 11 of the 13 factors compared between the two stocks.

About TC Energy

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, Texas, and the United States Gulf Coast. Further, the company owns or has interests in power generation facilities with approximately 4,600 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.

About Enlight Renewable Energy

Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, Central-Eastern Europe, Western Europe, and the United States. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects. It develops wind energy and solar energy projects, as well as energy storage projects. The company was incorporated in 1981 and is headquartered in Rosh Haayin, Israel.