Ratings TransAlta Corporation

Equities

TA

CA89346D1078

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-07-03 pm EDT			5-day change	1st Jan Change
9.46 ^CAD	0.00%		-0.53%	-14.16%

Jun. 24	TransAlta Enters Automatic Share Purchase Plan With Broker	MT
Jun. 24	TransAlta Brief: Company prior announced that it had received OK from TSX to Buy up to 14 Million of its Common Shares during 12-month period terminates May 30, 2025	MT

Summary

The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
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

As estimated by analysts, this group is among those businesses with the lowest growth prospects.
The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
One of the major weak points of the company is its financial situation.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 11.17 times its estimated earnings per share for the ongoing year.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Over the past twelve months, analysts' consensus has been significantly revised downwards.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Independent Power Producers

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
TRANSALTA CORPORATION	-14.16%	2.1B		B+
NTPC LTD	+21.68%	43.28B		B
SDIC POWER HOLDINGS CO., LTD	+44.39%	19.51B		B-
CHINA RESOURCES POWER HOLDINGS COMPANY LIMITED	+61.13%	15.3B		B
HUADIAN POWER INTERNATIONAL CORPORATION LIMITED	+40.35%	9.32B		C+
TALEN ENERGY CORPORATION	+85.84%	6.96B		D-
DATANG INTERNATIONAL POWER GENERATION CO., LTD.	+41.46%	6.68B		C+
HUBEI ENERGY GROUP CO., LTD.	+43.74%	5.45B		C
NLC INDIA LIMITED	+2.45%	4.3B	-	C
FUJIAN FUNENG CO., LTD.	+43.29%	4.21B		-

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