Ratings TransAlta Corporation Toronto S.E.

Equities

TA.PR.D

CA89346D7687

Market Closed - Toronto S.E. Other stock markets 16:10:00 2024-06-28 EDT			5-day change	1st Jan Change
14.55 ^CAD	-0.07%		+4.68%	+19.07%

06-24	TransAlta Enters Automatic Share Purchase Plan With Broker	MT
06-24	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

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.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
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 earnings growth outlook lacks momentum and is a weakness.
The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 11.46 times its estimated earnings per share for the ongoing year.
The average consensus view of analysts covering the stock has deteriorated 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

Sector: Independent Power Producers

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TRANSALTA CORPORATION	+19.07%	2.14B		-
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TALEN ENERGY CORPORATION	+73.47%	6.5B		D-
DATANG INTERNATIONAL POWER GENERATION CO., LTD.	+35.77%	6.44B		C+
HUBEI ENERGY GROUP CO., LTD.	+42.08%	5.39B		C
NLC INDIA LIMITED	-5.25%	3.99B	-	C

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

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes