(TA) TransAlta - Ratings and Ratios
Electricity, Hydro, Wind, Solar, Gas
TA EPS (Earnings per Share)
TA Revenue
Description: TA TransAlta
TransAlta Corp (TO:TA) is a Canadian energy company that generates and sells electricity through various segments, including Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing. The company has a diverse portfolio of assets, with a total owned generating capacity of approximately 6,425 MW across Canada, the United States, and Australia.
The companys Hydro segment has a long history of reliable and renewable energy production, with 922 MW of owned hydroelectric generating capacity. The Wind and Solar segment is a significant contributor to the companys renewable energy mix, with 2,057 MW of owned wind and solar capacity. The Gas segment provides a stable source of energy, with 2,775 MW of owned gas electrical-generating capacity.
From a financial perspective, TransAlta Corp has a market capitalization of CAD 4.63 billion and a forward P/E ratio of 55.87, indicating a relatively high valuation. However, the companys return on equity (RoE) is relatively low at 2.99%. To improve profitability, the company may need to focus on optimizing its energy mix, reducing costs, and increasing efficiency.
Some key performance indicators (KPIs) to monitor for TransAlta Corp include: - Renewable energy percentage: The proportion of the companys energy production that comes from renewable sources, such as wind, solar, and hydro. - Capacity factor: The ratio of actual energy production to the maximum potential energy production, indicating the efficiency of the companys assets. - Debt-to-equity ratio: A measure of the companys leverage and financial health. - Earnings before interest, taxes, depreciation, and amortization (EBITDA) margin: A measure of the companys profitability, excluding non-operating items.
Overall, TransAlta Corp operates in a complex and dynamic energy market, with opportunities for growth and challenges related to energy transition and market volatility. By focusing on key metrics and drivers, investors can better understand the companys performance and potential for future growth.
TA Stock Overview
| Market Cap in USD | 3,583m |
| Sub-Industry | Independent Power Producers & Energy Traders |
| IPO / Inception |
TA Stock Ratings
| Growth Rating | 48.2 |
| Fundamental | 36.6% |
| Dividend Rating | 61.7 |
| Rel. Strength | 26.8 |
| Analysts | - |
| Fair Price Momentum | 16.95 CAD |
| Fair Price DCF | 5.52 CAD |
TA Dividends
| Dividend Yield 12m | 1.61% |
| Yield on Cost 5y | 3.24% |
| Annual Growth 5y | 8.45% |
| Payout Consistency | 91.7% |
| Payout Ratio | % |
TA Growth Ratios
| Growth Correlation 3m | 90.8% |
| Growth Correlation 12m | 21.6% |
| Growth Correlation 5y | 40.4% |
| CAGR 5y | 16.80% |
| CAGR/Max DD 5y | 0.38 |
| Sharpe Ratio 12m | 1.12 |
| Alpha | 31.17 |
| Beta | 0.927 |
| Volatility | 34.26% |
| Current Volume | 1635.5k |
| Average Volume 20d | 1635.5k |
| Stop Loss | 16.3 (-3.4%) |
| Signal | 0.38 |
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (-115.0m TTM) > 0 and > 6% of Revenue (6% = 150.4m TTM) |
| FCFTA 0.03 (>2.0%) and ΔFCFTA -6.00pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -15.36% (prev -9.27%; Δ -6.08pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.13 (>3.0%) and CFO 1.20b > Net Income -115.0m (YES >=105%, WARN >=100%) |
| Net Debt (4.29b) to EBITDA (226.0m) ratio: 18.98 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.79 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (296.4m) change vs 12m ago -2.18% (target <= -2.0% for YES) |
| Gross Margin 72.96% (prev 51.64%; Δ 21.32pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 28.68% (prev 37.09%; Δ -8.42pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 0.34 (EBITDA TTM 226.0m / Interest Expense TTM 276.0m) >= 6 (WARN >= 3) |
Altman Z'' -1.05
| (A) -0.04 = (Total Current Assets 1.44b - Total Current Liabilities 1.83b) / Total Assets 8.94b |
| (B) -0.28 = Retained Earnings (Balance) -2.55b / Total Assets 8.94b |
| (C) 0.01 = EBIT TTM 93.0m / Avg Total Assets 8.74b |
| (D) 0.08 = Book Value of Equity 619.0m / Total Liabilities 7.36b |
| Total Rating: -1.05 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 36.55
| 1. Piotroski 4.0pt = -1.0 |
| 2. FCF Yield 3.71% = 1.86 |
| 3. FCF Margin 12.29% = 3.07 |
| 4. Debt/Equity 2.28 = 0.35 |
| 5. Debt/Ebitda 15.90 = -2.50 |
| 6. ROIC - WACC -4.71% = -5.89 |
| 7. RoE -6.69% = -1.12 |
| 8. Rev. Trend -64.52% = -3.23 |
| 9. Rev. CAGR -22.47% = -2.50 |
| 10. EPS Trend data missing |
| 11. EPS CAGR -45.38% = -2.50 |
What is the price of TA shares?
Over the past week, the price has changed by +0.78%, over one month by +5.90%, over three months by +33.22% and over the past year by +52.17%.
Is TransAlta a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of TA is around 16.95 CAD . This means that TA is currently overvalued and has a potential downside of 0.47%.
Is TA a buy, sell or hold?
What are the forecasts/targets for the TA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 18.8 | 11.3% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 18.5 | 9.5% |
TA Fundamental Data Overview
Market Cap CAD = 4.93b (4.93b CAD * 1.0 CAD.CAD)
CCE Cash And Equivalents = 222.0m CAD (last quarter)
P/E Forward = 53.4759
P/S = 1.9653
P/B = 7.9488
P/EG = -1.68
Beta = 0.55
Revenue TTM = 2.51b CAD
EBIT TTM = 93.0m CAD
EBITDA TTM = 226.0m CAD
Long Term Debt = 3.59b CAD (from longTermDebt, last quarter)
Short Term Debt = unknown (0.0)
Debt = 3.59b CAD (Calculated: Short Term 0.0 + Long Term 3.59b)
Net Debt = 4.29b CAD (from netDebt column, last quarter)
Enterprise Value = 8.30b CAD (4.93b + Debt 3.59b - CCE 222.0m)
Interest Coverage Ratio = 0.34 (Ebit TTM 93.0m / Interest Expense TTM 276.0m)
FCF Yield = 3.71% (FCF TTM 308.0m / Enterprise Value 8.30b)
FCF Margin = 12.29% (FCF TTM 308.0m / Revenue TTM 2.51b)
Net Margin = -4.59% (Net Income TTM -115.0m / Revenue TTM 2.51b)
Gross Margin = 72.96% ((Revenue TTM 2.51b - Cost of Revenue TTM 678.0m) / Revenue TTM)
Tobins Q-Ratio = 13.41 (Enterprise Value 8.30b / Book Value Of Equity 619.0m)
Interest Expense / Debt = 1.89% (Interest Expense 68.0m / Debt 3.59b)
Taxrate = 25.08% (from yearly Tax Provision: 80.0m / 319.0m)
NOPAT = 69.7m (EBIT 93.0m * (1 - 25.08%))
Current Ratio = 0.79 (Total Current Assets 1.44b / Total Current Liabilities 1.83b)
Debt / Equity = 2.28 (Debt 3.59b / last Quarter total Stockholder Equity 1.58b)
Debt / EBITDA = 15.90 (Net Debt 4.29b / EBITDA 226.0m)
Debt / FCF = 11.67 (Debt 3.59b / FCF TTM 308.0m)
Total Stockholder Equity = 1.72b (last 4 quarters mean)
RoA = -1.29% (Net Income -115.0m, Total Assets 8.94b )
RoE = -6.69% (Net Income TTM -115.0m / Total Stockholder Equity 1.72b)
RoCE = 1.75% (Ebit 93.0m / (Equity 1.72b + L.T.Debt 3.59b))
RoIC = 1.34% (NOPAT 69.7m / Invested Capital 5.20b)
WACC = 6.05% (E(4.93b)/V(8.52b) * Re(9.43%)) + (D(3.59b)/V(8.52b) * Rd(1.89%) * (1-Tc(0.25)))
Shares Correlation 5-Years: 87.20 | Cagr: 1.86%
Discount Rate = 9.43% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 60.32% ; FCFE base≈507.6m ; Y1≈286.3m ; Y5≈96.6m
Fair Price DCF = 5.52 (DCF Value 1.64b / Shares Outstanding 296.4m; 5y FCF grow -50.0% → 3.0% )
Revenue Correlation: -64.52 | Revenue CAGR: -22.47%
Revenue Growth Correlation: -30.40%
EPS Correlation: N/A | EPS CAGR: -45.38%
EPS Growth Correlation: -75.72%