Ratings TransAlta Corporation Toronto S.E.

Equities

TA.PR.D

CA89346D7687

Delayed Toronto S.E. Other stock markets 14:30:00 26/06/2024 BST			5-day change	1st Jan Change
14.4 ^CAD	0.00%		+4.05%	+17.84%

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

The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The company has a low valuation given the cash flows generated by its activity.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
One of the major weak points of the company is its financial situation.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 11.28 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' opinions have been revised negatively.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Sector: Independent Power Producers

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
TRANSALTA CORPORATION	+17.84%	2.12B		-
NTPC LTD	+17.32%	41.94B		B
ADANI POWER LIMITED	+37.08%	33.53B	-	C
SDIC POWER HOLDINGS CO., LTD	+34.37%	18.37B		B-
HUADIAN POWER INTERNATIONAL CORPORATION LIMITED	+34.87%	8.96B		C+
TALEN ENERGY CORPORATION	+87.31%	7.02B		D-
DATANG INTERNATIONAL POWER GENERATION CO., LTD.	+34.15%	6.33B		C+
HUBEI ENERGY GROUP CO., LTD.	+38.53%	5.3B		C
FUJIAN FUNENG CO., LTD.	+36.52%	3.96B		-
NLC INDIA LIMITED	-4.58%	3.89B	-	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