Ratings TransAlta Corporation

Equities

TA

CA89346D1078

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-06-07 pm EDT			5-day change	1st Jan Change
9.89 ^CAD	-0.70%		+1.02%	-10.25%

May. 28	TransAlta Up 3.5% In US Premarket As Reports Renewal of Normal Course Issuer Bid	MT
May. 28	TransAlta Corporation (TSX:TA) announces an Equity Buyback for 14,000,000 shares, representing 4.62% of its issued share capital.	CI

Summary

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The company has a low valuation given the cash flows generated by its activity.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For several months, analysts have been revising their EPS estimates roughly upwards.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
The company's currently anticipated earnings per share (EPS) growth for the next few years is a notable weakness.
The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
With an expected P/E ratio at 11.68 and 57.06 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Over the past twelve months, analysts' opinions have been revised negatively.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Independent Power Producers

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
TRANSALTA CORPORATION	-10.25%	2.18B		B+
NTPC LTD	+15.89%	41.87B		B
ADANI POWER LIMITED	+46.06%	35.43B	-	C
SDIC POWER HOLDINGS CO., LTD	+39.45%	18.91B		B-
CHINA RESOURCES POWER HOLDINGS COMPANY LIMITED	+50.90%	14.53B		B
HUADIAN POWER INTERNATIONAL CORPORATION LIMITED	+47.84%	9.63B		C+
DATANG INTERNATIONAL POWER GENERATION CO., LTD.	+42.28%	6.79B		C+
TALEN ENERGY CORPORATION	+74.53%	6.54B		D-
HUBEI ENERGY GROUP CO., LTD.	+48.23%	5.64B		C
FUJIAN FUNENG CO., LTD.	+37.73%	4.02B		-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes