TransAlta Corp (TAC)
TransAlta Corporation specializes in electric energy production and sales, operating across Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. It owns and manages a diverse portfolio of hydro, wind, solar, gas, and coal power generation facilities across North America and Australia, also engaging in power and natural gas trading.
Company Info
| ISIN | CA89346D1078 |
|---|---|
| CUSIP | 89346D107 |
| Sector | Utilities |
| Industry | Utilities - Independent Power Producers |
| IPO Date | Jul 31, 2001 |
Highlights
| Market Cap | $2.99B |
|---|---|
| EPS (TTM) | $0.27 |
| PE Ratio | 37.07 |
| PEG Ratio | -2.34 |
| Total Revenue (TTM) | $2.15B |
| Gross Profit (TTM) | $917.00M |
| EBITDA (TTM) | $889.00M |
| Year Range | $5.87 - $11.11 |
| Target Price | $11.29 |
| Short % | 1.14% |
| Short Ratio | 4.04 |
Share Price Chart
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Compare to other instruments
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Popular comparisons: TAC vs. FTS, TAC vs. VST
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in TransAlta Corp, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
TransAlta Corp had a return of 22.59% year-to-date (YTD) and 26.41% in the last 12 months. Over the past 10 years, TransAlta Corp had an annualized return of 2.97%, while the S&P 500 had an annualized return of 11.39%, indicating that TransAlta Corp did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 22.59% | 25.45% |
| 1 month | -3.10% | 2.91% |
| 6 months | 45.44% | 14.05% |
| 1 year | 26.41% | 35.64% |
| 5 years (annualized) | 10.23% | 14.13% |
| 10 years (annualized) | 2.97% | 11.39% |
Monthly Returns
The table below presents the monthly returns of TAC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -12.88% | -4.50% | -6.40% | 3.27% | 9.10% | -1.67% | 6.50% | 17.30% | 17.73% | 0.68% | 22.59% | ||
| 2023 | 8.47% | -16.45% | 8.16% | 1.94% | 8.42% | -2.80% | 9.08% | -5.68% | -9.28% | -15.86% | 11.90% | 1.96% | -5.64% |
| 2022 | -2.34% | -5.98% | 1.87% | 3.57% | 6.52% | 0.09% | 0.18% | -17.53% | -5.86% | -0.11% | 6.49% | -4.06% | -18.03% |
| 2021 | 15.55% | -0.52% | 8.86% | 3.91% | -7.86% | 10.64% | 4.41% | -5.61% | 7.76% | 6.25% | -9.01% | 9.34% | 48.80% |
| 2020 | 4.33% | 0.55% | -29.95% | 11.83% | 0.19% | 1.54% | 9.95% | -0.73% | -4.50% | -3.58% | 17.42% | 9.52% | 8.06% |
| 2019 | 33.01% | 11.67% | 20.53% | -8.31% | -1.33% | -1.51% | -5.99% | 5.72% | 0.93% | -9.38% | 14.95% | 6.23% | 77.05% |
| 2018 | -7.56% | 1.51% | -1.80% | -3.21% | -2.75% | -1.96% | 13.00% | 4.08% | -3.79% | -6.55% | 2.68% | -23.28% | -29.16% |
| 2017 | 7.27% | -8.82% | 9.34% | -12.82% | 10.39% | 14.29% | 1.56% | -4.88% | -4.88% | 0.86% | 2.24% | -0.83% | 10.52% |
| 2016 | -1.41% | 25.79% | 6.65% | 12.26% | -7.47% | 8.75% | -8.43% | -8.58% | 2.53% | -0.00% | 23.14% | 0.92% | 59.37% |
| 2015 | -3.64% | 9.52% | -1.27% | 6.67% | -10.95% | -10.82% | -18.32% | -18.60% | -7.37% | -0.22% | -10.53% | -11.94% | -57.27% |
| 2014 | 3.55% | -10.99% | 1.04% | 4.98% | -0.54% | 2.34% | -6.52% | 1.97% | -8.93% | -7.52% | 3.06% | -8.02% | -24.28% |
| 2013 | 5.51% | -5.54% | -2.28% | 0.89% | -1.00% | -3.99% | 0.51% | -4.96% | 1.01% | 3.94% | 1.02% | -4.95% | -10.06% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TAC is 58, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for TransAlta Corp (TAC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
TransAlta Corp provided a 1.72% dividend yield over the last twelve months, with an annual payout of $0.17 per share. The company has been increasing its dividends for 4 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.17 | $0.16 | $0.16 | $0.15 | $0.13 | $0.12 | $0.12 | $0.12 | $0.12 | $0.56 | $0.65 | $1.12 |
Dividend yield | 1.72% | 1.95% | 1.76% | 1.33% | 1.69% | 1.68% | 2.97% | 2.08% | 2.21% | 15.85% | 7.18% | 8.82% |
Monthly Dividends
The table displays the monthly dividend distributions for TransAlta Corp. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.13 | |
| 2023 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.16 |
| 2022 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.16 |
| 2021 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.15 |
| 2020 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.13 |
| 2019 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.12 |
| 2018 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.12 |
| 2017 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.12 |
| 2016 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.12 |
| 2015 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.56 |
| 2014 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.65 |
| 2013 | $0.29 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.28 | $0.00 | $1.12 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the TransAlta Corp. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the TransAlta Corp was 88.52%, occurring on Jan 15, 2016. The portfolio has not yet recovered.
The current TransAlta Corp drawdown is 47.34%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -88.52% | Jul 22, 2008 | 1888 | Jan 15, 2016 | — | — | — |
| -28.89% | Aug 8, 2001 | 375 | Feb 11, 2003 | 142 | Sep 4, 2003 | 517 |
| -18.17% | Nov 7, 2007 | 92 | Mar 20, 2008 | 44 | May 22, 2008 | 136 |
| -17.08% | Jan 4, 2006 | 58 | Mar 28, 2006 | 120 | Sep 18, 2006 | 178 |
| -16.89% | Jul 2, 2008 | 11 | Jul 17, 2008 | 2 | Jul 21, 2008 | 13 |
Volatility
Volatility Chart
The current TransAlta Corp volatility is 11.98%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of TransAlta Corp compared to its peers in the Utilities - Independent Power Producers industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for TAC in comparison to other companies of the Utilities - Independent Power Producers industry. Currently, TAC has a PE value of 37.1. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for TAC in comparison to other companies of the Utilities - Independent Power Producers industry. Currently, TAC has a PEG value of -2.3. This PEG value is considered to be low compared to the rest of the industry.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for TransAlta Corp.
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Income Statement
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