TransAlta Corp Financials
| TAC Stock | USD 9.78 0.01 0.10% |
TransAlta |
Please note, the presentation of TransAlta Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, TransAlta Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of TransAlta Corp's management manipulating its earnings.
TransAlta Corp Stock Summary
TransAlta Corp competes with Pampa Energia, Vistra Energy, NRG Energy, Power Assets, and Kenon Holdings. TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. The company was founded in 1909 and is headquartered in Calgary, Canada. Transalta Corp operates under UtilitiesIndependent Power Producers classification in the United States and is traded on New York Stock Exchange. It employs 1282 people.Specialization | Utilities, Utilities - Independent Power Producers |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | CA89346D1078 |
| CUSIP | 89346D107 |
| Location | Alberta; Canada |
| Business Address | TransAlta Place, Calgary, |
| Sector | Independent Power and Renewable Electricity Producers |
| Industry | Utilities |
| Benchmark | Dow Jones Industrial |
| Website | www.transalta.com |
| Phone | 403 267 7110 |
| Currency | USD - US Dollar |
TransAlta Corp Key Financial Ratios
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0418 | ||||
| Target Price | 11.29 | ||||
| Beta | 0.8 | ||||
| Last Dividend Paid | 0.24 |
TransAlta Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TransAlta Corp's current stock value. Our valuation model uses many indicators to compare TransAlta Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TransAlta Corp competition to find correlations between indicators driving TransAlta Corp's intrinsic value. More Info.TransAlta Corp is rated fifth in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for TransAlta Corp is roughly 3.26 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TransAlta Corp's earnings, one of the primary drivers of an investment's value.TransAlta Corp Systematic Risk
TransAlta Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. TransAlta Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on TransAlta Corp correlated with the market. If Beta is less than 0 TransAlta Corp generally moves in the opposite direction as compared to the market. If TransAlta Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TransAlta Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TransAlta Corp is generally in the same direction as the market. If Beta > 1 TransAlta Corp moves generally in the same direction as, but more than the movement of the benchmark.
About TransAlta Corp Financials
What exactly are TransAlta Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include TransAlta Corp's income statement, its balance sheet, and the statement of cash flows. Potential TransAlta Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although TransAlta Corp investors may use each financial statement separately, they are all related. The changes in TransAlta Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TransAlta Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.TransAlta Corp March 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of TransAlta Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TransAlta Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of TransAlta Corp based on widely used predictive technical indicators. In general, we focus on analyzing TransAlta Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TransAlta Corp's daily price indicators and compare them against related drivers.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 24.91 | |||
| Value At Risk | (4.59) | |||
| Potential Upside | 4.4 |
Complementary Tools for TransAlta Stock analysis
When running TransAlta Corp's price analysis, check to measure TransAlta Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TransAlta Corp is operating at the current time. Most of TransAlta Corp's value examination focuses on studying past and present price action to predict the probability of TransAlta Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransAlta Corp's price. Additionally, you may evaluate how the addition of TransAlta Corp to your portfolios can decrease your overall portfolio volatility.
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