ducovest

TA-PJ:CA:TSX-TransAlta Corp Pref J (CAD)

PREFERRED STOCK | Utilities - Independent Power Producers |

Last Closing

CAD 23.3

Change

+0.04 (+0.17)%

Market Cap

CAD 3.54B

Volume

6.90K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario. The Wind and Solar segment has a net ownership interest of approximately 2,057 MW of owned wind and solar electrical-generating capacity, as well as battery storage facilities located in Alberta, Ontario, New Brunswick, and Québec in Canada; the states of Massachusetts, Minnesota, New Hampshire, North Carolina, Pennsylvania, Washington, and Wyoming in the United States; and the state of Western Australia. The Gas segment has a net ownership interest of approximately 2,775 MW of owned gas electrical-generating capacity, and facilities located in Alberta, Ontario, Michigan, and the state of Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW of owned coal electrical-generating capacity, as well as operates the Skookumchuck hydro facility in Centralia; and engages in the highvale mine and the mine reclamation activities. The Energy Marketing segment is involved in the trading of power, natural gas, and environmental products. It serves customers in various industry segments, including commercial real estate, municipal, manufacturing, industrial, hospitality, finance, and oil and gas. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.

Company Website : https://www.transalta.com

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-20 )

Largest Industry Peers for Utilities - Independent Power Producers

Symbol Name Price(Change) Market Cap
CPX:CA Capital Power Corporation

+1.08 (+2.28%)

 CAD 6.16B
TA:CA TransAlta Corp

+0.67 (+5.31%)

 CAD 3.76B
TA-PD:CA Transalta A Cum Red Rat Rst Pr..

-0.01 (-0.07%)

 CAD 3.50B
MXG:CA Maxim Power Corp.

+0.06 (+1.56%)

 CAD 0.19B
BRF-PA:CA Brookfield Renewable Power Pre..

+0.19 (+1.04%)

 N/A
BRF-PE:CA Brookfield Renewable Power Pre..

-0.03 (-0.15%)

 N/A
BRF-PF:CA Brookfield Renewable Power Pre..

-0.27 (-1.35%)

 N/A
CPX-PA:CA Capital Power Corporation Pref..

N/A

 N/A
BRF-PB:CA Brookfield Renewable Power Pre..

+0.14 (+0.78%)

 N/A

ETFs Containing TA-PJ:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Utilities - Independent Power Producers) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 18.76% 40% F 76% C+
Dividend Return 3.18% 33% F 70% C-
Total Return 21.93% 50% F 79% B-
Trailing 12 Months  
Capital Gain 23.28% 80% B- 69% C-
Dividend Return 4.95% 44% F 73% C
Total Return 28.23% 80% B- 73% C
Trailing 5 Years  
Capital Gain 40.96% 56% F 67% D+
Dividend Return 33.95% 75% C 96% N/A
Total Return 74.90% 67% D+ 79% B-
Average Annual (5 Year Horizon)  
Capital Gain 10.57% 70% C- 73% C
Dividend Return 16.74% 80% B- 82% B
Total Return 6.16% 100% F 97% N/A
Risk Return Profile  
Volatility (Standard Deviation) 25.60% 60% D- 35% F
Risk Adjusted Return 65.38% 100% F 81% B-
Market Capitalization 3.54B 60% D- 82% B

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.