TransAlta Corp TAC
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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TransAlta Joins Other Water Licence Holders and the Alberta Government to collaborate on flow management on the Bow River System
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TransAlta Taps Joel Hunter to CFO Role, Succeeds retiring CFO Todd Stack
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TransAlta Announces Retirement of CFO and Appointment of New CFO
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Media Advisory: TransAlta Annual Meeting of Shareholders and First Quarter 2024 Results and Conference Call
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TransAlta Corporation Enters into Automatic Share Purchase Plan
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TransAlta Reports Full Year and Fourth Quarter 2023 Results and Announces Enhanced Share Repurchase Program
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Utilities Steady Amid Cautious Trade — Utilities Roundup
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Toronto Stocks Slide, George Weston Falls on Lower 3Q Profit
Trading Information
- Previous Close Price
- $6.43
- Day Range
- $6.38–6.55
- 52-Week Range
- $5.94–10.40
- Bid/Ask
- $6.19 / $6.55
- Market Cap
- $1.98 Bil
- Volume/Avg
- 1.5 Mil / 806,545
Key Statistics
- Price/Earnings (Normalized)
- 3.50
- Price/Sales
- 0.68
- Dividend Yield (Trailing)
- 2.61%
- Dividend Yield (Forward)
- 2.04%
- Total Yield
- 5.68%
Company Profile
TransAlta Corp is an independent power producer based in Alberta, Canada. The company operates a diverse and growing fleet of electrical power generation assets in Canada, the United States, and Australia. The company has six reportable segments namely, hydro, wind & solar, Energy Marketing, gas, energy transition segment and Corporate Segment. The company generates the majority of its revenue from the gas segment.
- Sector
- Utilities
- Industry
- Utilities - Independent Power Producers
- Stock Style Box
- Small Growth
- Total Number of Employees
- 1,260
- Website
- https://www.transalta.com
Comparables
Valuation
Metric
|
TAC
|
RNW
|
BLX
|
---|---|---|---|
Price/Earnings (Normalized) | 3.50 | 41.98 | 28.25 |
Price/Book Value | 4.18 | 2.02 | 1.71 |
Price/Sales | 0.68 | 6.72 | 2.72 |
Price/Cash Flow | 1.70 | 14.81 | 6.23 |
Price/Earnings
TAC
RNW
BLX
Financial Strength
Metric
|
TAC
|
RNW
|
BLX
|
---|---|---|---|
Quick Ratio | 0.58 | 0.78 | 1.00 |
Current Ratio | 0.91 | 0.87 | 1.08 |
Interest Coverage | 4.11 | 2.76 | 2.12 |
Quick Ratio
TAC
RNW
BLX
Profitability
Metric
|
TAC
|
RNW
|
BLX
|
---|---|---|---|
Return on Assets (Normalized) | 6.89% | 2.33% | 2.00% |
Return on Equity (Normalized) | 123.80% | 4.35% | 7.87% |
Return on Invested Capital (Normalized) | 12.85% | 3.09% | 3.73% |
Return on Assets
TAC
RNW
BLX
Utilities - Independent Power Producers Industry Comparables
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