ducovest

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

PREFERRED STOCK | Utilities - Independent Power Producers |

Last Closing

CAD 23.2

Change

0.00 (0.00)%

Market Cap

CAD 3.53B

Volume

5.20K

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)

Compare
Relative Returns (From:    To: 2024-09-29 )

Largest Industry Peers for Utilities - Independent Power Producers

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

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TA:CA TransAlta Corp

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 CAD 4.21B
TA-PD:CA Transalta A Cum Red Rat Rst Pr..

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MXG:CA Maxim Power Corp.

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 CAD 0.20B
BRF-PA:CA Brookfield Renewable Power Pre..

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

N/A

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BRF-PF:CA Brookfield Renewable Power Pre..

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

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

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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 18.25% 30% F 72% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 18.25% 30% F 72% C
Trailing 12 Months  
Capital Gain 21.78% 60% D- 60% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return 21.78% 60% D- 60% D-
Trailing 5 Years  
Capital Gain 40.52% 56% F 63% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 40.52% 56% F 63% D
Average Annual (5 Year Horizon)  
Capital Gain 10.81% N/A N/A 74% C
Dividend Return 16.96% N/A N/A 82% B
Total Return 6.15% N/A N/A 96% N/A
Risk Return Profile  
Volatility (Standard Deviation) 25.59% N/A N/A 34% F
Risk Adjusted Return 66.30% N/A N/A 81% B-
Market Capitalization 3.53B 40% F 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 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.

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.

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.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.