TRP or ORA: Which Is the Better Value Stock Right Now?

Core Insights - The article compares TC Energy (TRP) and Ormat Technologies (ORA) to determine which stock presents a better undervalued investment opportunity for investors interested in alternative energy [1]. Valuation Metrics - TC Energy has a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision activity compared to Ormat Technologies, which has a Zacks Rank of 3 (Hold) [3]. - The forward P/E ratio for TC Energy is 13.77, while Ormat Technologies has a significantly higher forward P/E of 38.61 [5]. - TC Energy's PEG ratio is 3.44, which is lower than Ormat Technologies' PEG ratio of 3.86, suggesting that TC Energy may offer better value relative to its expected earnings growth [5]. - TC Energy's P/B ratio stands at 1.52, compared to Ormat Technologies' P/B ratio of 1.87, further indicating that TC Energy is more undervalued based on its book value [6]. - Overall, TC Energy has a Value grade of B, while Ormat Technologies has a Value grade of C, reinforcing the notion that TC Energy is the more attractive option for value investors at this time [6].