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.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if TAC is a good fit for your portfolio.
News
-
Media Advisory: TransAlta Second Quarter 2024 Results and Conference Call
-
TransAlta Corporation Enters into Automatic Share Purchase Plan
-
TransAlta Renews Normal Course Issuer Bid
-
TransAlta Achieves Commercial Operation of 200 MW Horizon Hill Wind Facility, increasing its United States Renewables Fleet to over 1 GW
-
TransAlta Reports First Quarter 2024 Results
-
TransAlta Taps Joel Hunter to CFO Role, Succeeds retiring CFO Todd Stack
-
Utilities Steady Amid Cautious Trade — Utilities Roundup
-
Toronto Stocks Slide, George Weston Falls on Lower 3Q Profit
Trading Information
- Previous Close Price
- $7.34
- Day Range
- $7.27–7.47
- 52-Week Range
- $5.94–10.40
- Bid/Ask
- $7.26 / $7.50
- Market Cap
- $2.22 Bil
- Volume/Avg
- 828,725 / 765,225
Key Statistics
- Price/Earnings (Normalized)
- 5.34
- Price/Sales
- 0.88
- Dividend Yield (Trailing)
- 2.32%
- Dividend Yield (Forward)
- 2.40%
- Total Yield
- 4.96%
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 Value
- Total Number of Employees
- 1,260
- Website
- https://www.transalta.com
Comparables
Valuation
|
Metric
|
TAC
|
RNW
|
H
|
|---|---|---|---|
Price/Earnings (Normalized) | 5.34 | 41.98 | 23.31 |
Price/Book Value | 3.47 | 2.02 | 2.15 |
Price/Sales | 0.88 | 6.72 | 3.20 |
Price/Cash Flow | 2.44 | 14.81 | 11.22 |
Price/Earnings
TAC
RNW
H
Financial Strength
|
Metric
|
TAC
|
RNW
|
H
|
|---|---|---|---|
Quick Ratio | 0.40 | 0.78 | 0.58 |
Current Ratio | 0.69 | 0.87 | 0.63 |
Interest Coverage | 4.35 | 2.76 | 3.14 |
Quick Ratio
TAC
RNW
H
Profitability
|
Metric
|
TAC
|
RNW
|
H
|
|---|---|---|---|
Return on Assets (Normalized) | 5.96% | 2.33% | 3.65% |
Return on Equity (Normalized) | 81.54% | 4.35% | 10.24% |
Return on Invested Capital (Normalized) | 10.70% | 3.09% | 6.17% |
Return on Assets
TAC
RNW
H
Utilities - Independent Power Producers Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Vistra Corp
VST
| Bprjzyf | Dsxj | $24.7 Bil | |||
| Uniper SE
UNPRF
| — | Wpghncr | $18.0 Bil | |||
| Huaneng Power International Inc Class H
HUNGF
| — | Lxtm | $15.5 Bil | |||
| NRG Energy Inc
NRG
| Sqnlsstw | Brlq | $15.4 Bil | |||
| Power Assets Holdings Ltd ADR
HGKGY
| — | Ttfn | $13.4 Bil | |||
| Power Assets Holdings Ltd
HGKGF
| — | Vfg | $13.4 Bil | |||
| China Resources Power Holdings Co Ltd ADR
CRPJY
| Ztdkrwxxd | Mfh | $13.2 Bil | |||
| China Resources Power Holdings Co Ltd
CRPJF
| — | Mgys | $13.2 Bil | |||
| Centrica PLC
CPYYF
| Rkzdnnpyy | Ldgm | $8.8 Bil | |||
| Centrica PLC ADR
CPYYY
| Ftfsrbp | Fpwv | $8.8 Bil |