TransAlta Corp

Company Profile

TransAlta Corp had its IPO on 2001-07-31 under the ticker symbol TAC.

The company operates in the Utilities sector and Utilities-Independent Power Producers industry. TransAlta Corp has a staff strength of 1,150 employees.

Stock update

Shares of TransAlta Corp opened at $9.69 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9.57 - $9.72, and closed at $9.59.

This is a -0.93% slip from the previous day's closing price.

A total volume of 216,557 shares were traded at the close of the day’s session.

In the last one week, shares of TransAlta Corp have increased by +0.21%.

TransAlta Corp's Key Ratios

TransAlta Corp has a market cap of $2.55 billion, indicating a price to book ratio of 5.772 and a price to sales ratio of 0.9259.

In the last 12-months TransAlta Corp’s revenue was $3.50 billion with a gross profit of $1.11 billion and an EBITDA of $1.52 billion. The EBITDA ratio measures TransAlta Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, TransAlta Corp’s operating margin was 22.53% while its return on assets stood at 5.14% with a return of equity of 18.75%.

In Q2, TransAlta Corp’s quarterly earnings growth was a positive 59.8% while revenue growth was a positive 36.5%.

TransAlta Corp’s PE and PEG Ratio

Forward PE

25.3165

Trailing PE

13.8286

PEG

-2.34

Its diluted EPS in the last 12-months stands at $0.7 per share while it has a forward price to earnings multiple of 25.3165 and a PEG multiple of -2.34. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into TransAlta Corp’s profitability.

TransAlta Corp stock is trading at a EV to sales ratio of 1.8301 and a EV to EBITDA ratio of 4.4052. Its price to sales ratio in the trailing 12-months stood at 0.9259.

TransAlta Corp stock pays annual dividends of $0.22 per share, indicating a yield of 1.69% and a payout ratio of 17.12%.

Balance sheet and cash flow metrics

Total Assets

$9.58 billion

Total Liabilities

$1.55 billion

Operating Cash Flow

$-367000000.00

Capital Expenditure

$195 million

Dividend Payout Ratio

17.12%

TransAlta Corp ended 2024 with $9.58 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $9.58 billion while shareholder equity stood at $1.48 billion.

TransAlta Corp ended 2024 with $0 in deferred long-term liabilities, $1.55 billion in other current liabilities, 2808000000.00 in common stock, $-2179000000.00 in retained earnings and $464.00 million in goodwill. Its cash balance stood at $952.00 million and cash and short-term investments were $952.00 million. The company’s total short-term debt was $137,000,000 while long-term debt stood at $4.20 billion.

TransAlta Corp’s total current assets stands at $2.58 billion while long-term investments were $138.00 million and short-term investments were $225.00 million. Its net receivables were $791.00 million compared to accounts payable of $661.00 million and inventory worth $200.00 million.

In 2024, TransAlta Corp's operating cash flow was $-367000000.00 while its capital expenditure stood at $195 million.

Comparatively, TransAlta Corp paid $0.17 in dividends in 2024.

Other key metrics

Current Trading Price

$9.59

52-Week High

$10.3562

52-Week Low

$7.4161

Analyst Target Price

$12.38

TransAlta Corp stock is currently trading at $9.59 per share. It touched a 52-week high of $10.3562 and a 52-week low of $10.3562. Analysts tracking the stock have a 12-month average target price of $12.38.

Its 50-day moving average was $9.82 and 200-day moving average was $9.23 The short ratio stood at 8.08 indicating a short percent outstanding of 0%.

Around 17.7% of the company’s stock are held by insiders while 7525.6% are held by institutions.