TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:TA-PR-D - CA89346D7687
20.22 CAD
+0.01 (+0.05%)
We assign a fundamental rating of 4 out of 10 to TA-PR-D. TA-PR-D was compared to 34 industry peers in the Independent Power and Renewable Electricity Producers industry. TA-PR-D has a medium profitability rating, but doesn't score so well on its financial health evaluation. TA-PR-D is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TA-PR-D was profitable.
TA-PR-D had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: TA-PR-D reported negative net income in multiple years.
In the past 5 years TA-PR-D always reported a positive cash flow from operatings.
1.2 Ratios
TA-PR-D has a Return On Assets (-2.17%) which is comparable to the rest of the industry.
The Return On Equity of TA-PR-D (-12.58%) is comparable to the rest of the industry.
TA-PR-D has a Return On Invested Capital of 2.51%. This is in the better half of the industry: TA-PR-D outperforms 70.59% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TA-PR-D is above the industry average of 3.78%.
The 3 year average ROIC (8.64%) for TA-PR-D is well above the current ROIC(2.51%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.17% | ||
| ROE | -12.58% | ||
| ROIC | 2.51% |
ROA(3y)3.11%
ROA(5y)-0.07%
ROE(3y)17.47%
ROE(5y)0.34%
ROIC(3y)8.64%
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of TA-PR-D has grown nicely.
TA-PR-D has a Operating Margin (8.62%) which is in line with its industry peers.
TA-PR-D's Operating Margin has improved in the last couple of years.
The Gross Margin of TA-PR-D (83.57%) is better than 85.29% of its industry peers.
In the last couple of years the Gross Margin of TA-PR-D has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.62% | ||
| PM (TTM) | N/A | ||
| GM | 83.57% |
OM growth 3Y15.27%
OM growth 5Y8.46%
PM growth 3YN/A
PM growth 5Y22.94%
GM growth 3Y3.39%
GM growth 5Y-0.46%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TA-PR-D is creating some value.
The number of shares outstanding for TA-PR-D has been reduced compared to 1 year ago.
Compared to 5 years ago, TA-PR-D has more shares outstanding
The debt/assets ratio for TA-PR-D has been reduced compared to a year ago.
2.2 Solvency
TA-PR-D has an Altman-Z score of 0.38. This is a bad value and indicates that TA-PR-D is not financially healthy and even has some risk of bankruptcy.
TA-PR-D has a Altman-Z score (0.38) which is comparable to the rest of the industry.
The Debt to FCF ratio of TA-PR-D is 12.69, which is on the high side as it means it would take TA-PR-D, 12.69 years of fcf income to pay off all of its debts.
TA-PR-D's Debt to FCF ratio of 12.69 is fine compared to the rest of the industry. TA-PR-D outperforms 76.47% of its industry peers.
TA-PR-D has a Debt/Equity ratio of 2.28. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of TA-PR-D (2.28) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.28 | ||
| Debt/FCF | 12.69 | ||
| Altman-Z | 0.38 |
ROIC/WACC0.36
WACC6.96%
2.3 Liquidity
TA-PR-D has a Current Ratio of 0.79. This is a bad value and indicates that TA-PR-D is not financially healthy enough and could expect problems in meeting its short term obligations.
With a decent Current ratio value of 0.79, TA-PR-D is doing good in the industry, outperforming 61.76% of the companies in the same industry.
TA-PR-D has a Quick Ratio of 0.79. This is a bad value and indicates that TA-PR-D is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of TA-PR-D (0.71) is better than 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
TA-PR-D shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -92.16%.
Measured over the past years, TA-PR-D shows a very strong growth in Earnings Per Share. The EPS has been growing by 26.80% on average per year.
Looking at the last year, TA-PR-D shows a very negative growth in Revenue. The Revenue has decreased by -11.00% in the last year.
TA-PR-D shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.92% yearly.
EPS 1Y (TTM)-92.16%
EPS 3YN/A
EPS 5Y26.8%
EPS Q2Q%83.33%
Revenue 1Y (TTM)-11%
Revenue growth 3Y1.5%
Revenue growth 5Y3.92%
Sales Q2Q%-3.04%
3.2 Future
TA-PR-D is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.27% yearly.
Based on estimates for the next years, TA-PR-D will show a decrease in Revenue. The Revenue will decrease by -1.63% on average per year.
EPS Next Y-94.79%
EPS Next 2Y-14.26%
EPS Next 3Y-9.5%
EPS Next 5Y22.27%
Revenue Next Year-7.03%
Revenue Next 2Y-11.68%
Revenue Next 3Y-7.04%
Revenue Next 5Y-1.63%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
TA-PR-D is valuated quite expensively with a Price/Earnings ratio of 505.50.
TA-PR-D's Price/Earnings is on the same level as the industry average.
TA-PR-D's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.59.
A Price/Forward Earnings ratio of 49.12 indicates a quite expensive valuation of TA-PR-D.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TA-PR-D indicates a somewhat cheap valuation: TA-PR-D is cheaper than 64.71% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.03, TA-PR-D is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 505.5 | ||
| Fwd PE | 49.12 |
4.2 Price Multiples
TA-PR-D's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TA-PR-D indicates a somewhat cheap valuation: TA-PR-D is cheaper than 76.47% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.24 | ||
| EV/EBITDA | 12.54 |
4.3 Compensation for Growth
TA-PR-D has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as TA-PR-D's earnings are expected to decrease with -9.50% in the coming years.
PEG (NY)N/A
PEG (5Y)18.86
EPS Next 2Y-14.26%
EPS Next 3Y-9.5%
5. Dividend
5.1 Amount
TA-PR-D has a Yearly Dividend Yield of 1.50%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.64, TA-PR-D is paying slightly less dividend.
TA-PR-D's Dividend Yield is comparable with the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.5% |
5.2 History
The dividend of TA-PR-D is nicely growing with an annual growth rate of 6.10%!
TA-PR-D has been paying a dividend for at least 10 years, so it has a reliable track record.
As TA-PR-D did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)6.1%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
TA-PR-D has negative earnings and hence a negative payout ratio. The dividend may be in danger.
TA-PR-D's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-64.77%
EPS Next 2Y-14.26%
EPS Next 3Y-9.5%
TRANSALTA CORP - TACN 2.877 PERP
TSX:TA-PR-D (12/22/2025, 7:00:00 PM)
20.22
+0.01 (+0.05%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners71.21%
Inst Owner ChangeN/A
Ins Owners0.44%
Ins Owner ChangeN/A
Market Cap6.00B
Revenue(TTM)2.48B
Net Income(TTM)-193.00M
Analysts77.89
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.5% |
Yearly Dividend0.41
Dividend Growth(5Y)6.1%
DP-64.77%
Div Incr Years0
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-30.35%
Min EPS beat(2)-116.39%
Max EPS beat(2)55.69%
EPS beat(4)1
Avg EPS beat(4)-161.55%
Min EPS beat(4)-564.33%
Max EPS beat(4)55.69%
EPS beat(8)3
Avg EPS beat(8)-60.42%
EPS beat(12)6
Avg EPS beat(12)2.11%
EPS beat(16)7
Avg EPS beat(16)-18.99%
Revenue beat(2)1
Avg Revenue beat(2)-1.63%
Min Revenue beat(2)-14.2%
Max Revenue beat(2)10.93%
Revenue beat(4)3
Avg Revenue beat(4)10.43%
Min Revenue beat(4)-14.2%
Max Revenue beat(4)24.1%
Revenue beat(8)6
Avg Revenue beat(8)16.4%
Revenue beat(12)10
Avg Revenue beat(12)30.69%
Revenue beat(16)14
Avg Revenue beat(16)30.68%
PT rev (1m)23.06%
PT rev (3m)14.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.28%
EPS NY rev (1m)-81.57%
EPS NY rev (3m)-87.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.88%
Revenue NY rev (3m)-0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 505.5 | ||
| Fwd PE | 49.12 | ||
| P/S | 2.42 | ||
| P/FCF | 17.24 | ||
| P/OCF | 9.52 | ||
| P/B | 3.91 | ||
| P/tB | 7.86 | ||
| EV/EBITDA | 12.54 |
EPS(TTM)0.04
EY0.2%
EPS(NY)0.41
Fwd EY2.04%
FCF(TTM)1.17
FCFY5.8%
OCF(TTM)2.12
OCFY10.5%
SpS8.37
BVpS5.17
TBVpS2.57
PEG (NY)N/A
PEG (5Y)18.86
Graham Number2.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.17% | ||
| ROE | -12.58% | ||
| ROCE | 3.04% | ||
| ROIC | 2.51% | ||
| ROICexc | 2.65% | ||
| ROICexgc | 3% | ||
| OM | 8.62% | ||
| PM (TTM) | N/A | ||
| GM | 83.57% | ||
| FCFM | 14.01% |
ROA(3y)3.11%
ROA(5y)-0.07%
ROE(3y)17.47%
ROE(5y)0.34%
ROIC(3y)8.64%
ROIC(5y)N/A
ROICexc(3y)9.79%
ROICexc(5y)N/A
ROICexgc(3y)11.08%
ROICexgc(5y)N/A
ROCE(3y)10.46%
ROCE(5y)N/A
ROICexgc growth 3Y15.81%
ROICexgc growth 5Y18.53%
ROICexc growth 3Y15.46%
ROICexc growth 5Y17.81%
OM growth 3Y15.27%
OM growth 5Y8.46%
PM growth 3YN/A
PM growth 5Y22.94%
GM growth 3Y3.39%
GM growth 5Y-0.46%
F-Score5
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.28 | ||
| Debt/FCF | 12.69 | ||
| Debt/EBITDA | 4.44 | ||
| Cap/Depr | 49.13% | ||
| Cap/Sales | 11.35% | ||
| Interest Coverage | 0.75 | ||
| Cash Conversion | 79.95% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 0.38 |
F-Score5
WACC6.96%
ROIC/WACC0.36
Cap/Depr(3y)120.63%
Cap/Depr(5y)98.51%
Cap/Sales(3y)23.21%
Cap/Sales(5y)22.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-92.16%
EPS 3YN/A
EPS 5Y26.8%
EPS Q2Q%83.33%
EPS Next Y-94.79%
EPS Next 2Y-14.26%
EPS Next 3Y-9.5%
EPS Next 5Y22.27%
Revenue 1Y (TTM)-11%
Revenue growth 3Y1.5%
Revenue growth 5Y3.92%
Sales Q2Q%-3.04%
Revenue Next Year-7.03%
Revenue Next 2Y-11.68%
Revenue Next 3Y-7.04%
Revenue Next 5Y-1.63%
EBIT growth 1Y-67.18%
EBIT growth 3Y17%
EBIT growth 5Y12.72%
EBIT Next Year58.9%
EBIT Next 3Y15.51%
EBIT Next 5Y18.16%
FCF growth 1Y-15.94%
FCF growth 3Y-2.47%
FCF growth 5Y2.59%
OCF growth 1Y-58.14%
OCF growth 3Y-7.35%
OCF growth 5Y-1.28%
TRANSALTA CORP - TACN 2.877 PERP / TA-PR-D.CA FAQ
Can you provide the ChartMill fundamental rating for TRANSALTA CORP - TACN 2.877 PERP?
ChartMill assigns a fundamental rating of 4 / 10 to TA-PR-D.CA.
What is the valuation status for TA-PR-D stock?
ChartMill assigns a valuation rating of 3 / 10 to TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA). This can be considered as Overvalued.
Can you provide the profitability details for TRANSALTA CORP - TACN 2.877 PERP?
TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) has a profitability rating of 6 / 10.
How financially healthy is TRANSALTA CORP - TACN 2.877 PERP?
The financial health rating of TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) is 3 / 10.
How sustainable is the dividend of TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) stock?
The dividend rating of TRANSALTA CORP - TACN 2.877 PERP (TA-PR-D.CA) is 5 / 10 and the dividend payout ratio is -64.77%.