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TransAlta Corp TA

Morningstar Rating
CAD 9.23 +0.04 (0.44%)
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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.

Price vs Fair Value

TA is trading within a range we consider fairly valued.
Price
CAD 9.18
Fair Value
CAD 33.56
Uncertainty
Very High
1-Star Price
CAD 13.58
5-Star Price
CAD 9.67
Economic Moat
Gdctgvc
Capital Allocation
Cqqs
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News

Trading Information

Previous Close Price
CAD 9.19
Day Range
CAD 9.17–9.34
52-Week Range
CAD 8.22–13.97
Bid/Ask
CAD 9.21 / CAD 9.29
Market Cap
CAD 2.84 Bil
Volume/Avg
850,099 / 1.0 Mil

Key Statistics

Price/Earnings (Normalized)
3.90
Price/Sales
0.76
Dividend Yield (Trailing)
2.45%
Dividend Yield (Forward)
2.61%
Total Yield
5.35%

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

Comparables

Valuation

Metric
TA
RNW
BLX
Price/Earnings (Normalized)
3.9041.9830.17
Price/Book Value
4.742.021.82
Price/Sales
0.766.722.91
Price/Cash Flow
1.8914.816.65
Price/Earnings
TA
RNW
BLX

Financial Strength

Metric
TA
RNW
BLX
Quick Ratio
0.580.781.00
Current Ratio
0.910.871.08
Interest Coverage
4.112.762.12
Quick Ratio
TA
RNW
BLX

Profitability

Metric
TA
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
TA
RNW
BLX
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Utilities - Independent Power Producers Industry Comparables

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Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
VST
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UNPRF
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HUNGF
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NRG
NRG Energy IncSqxyhbsbsTrmv$15.8 Bil
HGKGY
Power Assets Holdings Ltd ADR—Fzvj$12.3 Bil
HGKGF
Power Assets Holdings Ltd—Vddj$12.3 Bil
CRPJY
China Resources Power Holdings Co Ltd ADRQhbrlfsqNmzh$12.0 Bil
CPYYF
Centrica PLCXyzmcjxxfKpbhg$8.5 Bil
CPYYY
Centrica PLC ADRStdvfmsbFlnn$8.5 Bil
DIPGF
Datang International Power Generation Co Ltd Class H—Qkcnk$6.4 Bil

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