TransAlta Financials

TransAlta Stock Summary

TransAlta competes with Tsingtao Brewery, Scandinavian Tobacco, Reliance Steel, Nippon Steel, and GFL ENVIRONM(SUBVTSH. TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada. TRANSALTA CORP operates under UtilitiesIndependent Power Producers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1476 people.

TransAlta Key Financial Ratios

There are many critical financial ratios that TransAlta's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that TransAlta reports annually and quarterly.

TransAlta Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining TransAlta's current stock value. Our valuation model uses many indicators to compare TransAlta value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TransAlta competition to find correlations between indicators driving TransAlta's intrinsic value. More Info.TransAlta is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about  0.53  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for TransAlta is roughly  1.90 . 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's earnings, one of the primary drivers of an investment's value.

TransAlta Systematic Risk

Along with financial statement analysis, the daily predictive indicators of TransAlta help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TransAlta. We use our internally-developed statistical techniques to arrive at the intrinsic value of TransAlta 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's daily price indicators and compare them against related drivers.

When running TransAlta's price analysis, check to measure TransAlta'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 is operating at the current time. Most of TransAlta's value examination focuses on studying past and present price action to predict the probability of TransAlta'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's price. Additionally, you may evaluate how the addition of TransAlta to your portfolios can decrease your overall portfolio volatility.