TransAlta Renewables Inc
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- Market Cap.:
- $2.60 billion
- Book Value:
- Revenue TTM:
- $496 million
- Operating Margin TTM:
- Gross Profit TTM:
- $258 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
TransAlta Renewables Inc had its IPO on under the ticker symbol TRSWF.
The company operates in the Utilities sector and Utilities-Renewable industry. TransAlta Renewables Inc has a staff strength of 0 employees.
Shares of TransAlta Renewables Inc opened at $9.68 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $9.68 - $9.79, and closed at $9.75.
This is a +0.42% increase from the previous day's closing price.
A total volume of 9,800 shares were traded at the close of the day’s session.
In the last one week, shares of TransAlta Renewables Inc have increased by +0.42%.
TransAlta Renewables Inc's Key Ratios
TransAlta Renewables Inc has a market cap of $2.60 billion, indicating a price to book ratio of 2.1378 and a price to sales ratio of 4.2832.
In the last 12-months TransAlta Renewables Inc’s revenue was $496 million with a gross profit of $258 million and an EBITDA of $231 million. The EBITDA ratio measures TransAlta Renewables Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, TransAlta Renewables Inc’s operating margin was 17.94% while its return on assets stood at 1.71% with a return of equity of 4.31%.
In Q2, TransAlta Renewables Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 28.8%.
TransAlta Renewables Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $0.22 per share while it has a forward price to earnings multiple of 17.2712 and a PEG multiple of 0. 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 Renewables Inc’s profitability.
TransAlta Renewables Inc stock is trading at a EV to sales ratio of 6.0485 and a EV to EBITDA ratio of 11.4249. Its price to sales ratio in the trailing 12-months stood at 4.2832.
TransAlta Renewables Inc stock pays annual dividends of $0.94 per share, indicating a yield of 7.07% and a payout ratio of 97.3%.
Balance sheet and cash flow metrics
- Total Assets
- $3.13 billion
- Total Liabilities
- $241.00 million
- Operating Cash Flow
- Capital Expenditure
- $30 million
- Dividend Payout Ratio
TransAlta Renewables Inc ended 2023 with $3.13 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.13 billion while shareholder equity stood at $1.65 billion.
TransAlta Renewables Inc ended 2023 with $0 in deferred long-term liabilities, $241.00 million in other current liabilities, 3059000000.00 in common stock, $-1151000000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $54.00 million and cash and short-term investments were $54.00 million. The company’s total short-term debt was $70,000,000 while long-term debt stood at $748.00 million.
TransAlta Renewables Inc’s total current assets stands at $210.00 million while long-term investments were $959.00 million and short-term investments were $0. Its net receivables were $133.00 million compared to accounts payable of $90.00 million and inventory worth $9.00 million.
In 2023, TransAlta Renewables Inc's operating cash flow was $0 while its capital expenditure stood at $30 million.
Comparatively, TransAlta Renewables Inc paid $0.97 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
TransAlta Renewables Inc stock is currently trading at $9.75 per share. It touched a 52-week high of $12.0224 and a 52-week low of $12.0224. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $9.71 and 200-day moving average was $9.01 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 6012.2% of the company’s stock are held by insiders while 948.5% are held by institutions.
Frequently Asked Questions About TransAlta Renewables Inc
Similar Industry Stocks (Utilities-Renewable)
TransAlta Renewables Inc. owns, develops, and operates renewable and natural gas power generation facilities and other infrastructure assets in Canada, the United States, and Australia. The company operates through Canadian Wind, Canadian Hydro, Canadian Gas, US Wind and Solar, US Gas, and Australian Gas segments. Its portfolio of assets comprises 50 renewable power generation facilities, including wind, hydro, and gas. The company was incorporated in 2013 and is headquartered in Calgary, Canada. TransAlta Renewables Inc. operates as a subsidiary of TransAlta Corporation.