TransAlta Financial Statements From 2010 to 2026
| TAC Stock | USD 12.64 0.02 0.16% |
Check TransAlta Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TransAlta Corp's main balance sheet or income statement drivers, such as , as well as many indicators such as . TransAlta financial statements analysis is a perfect complement when working with TransAlta Corp Valuation or Volatility modules.
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TransAlta Corp Company Return On Equity Analysis
TransAlta Corp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current TransAlta Corp Return On Equity | -0.0911 |
Most of TransAlta Corp's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TransAlta Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, TransAlta Corp has a Return On Equity of -0.0911. This is 101.56% lower than that of the Independent Power and Renewable Electricity Producers sector and significantly lower than that of the Utilities industry. The return on equity for all United States stocks is 70.61% lower than that of the firm.
TransAlta Corp Fundamental Drivers 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 below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . 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.About TransAlta Corp Financial Statements
TransAlta Corp stakeholders use historical fundamental indicators, such as TransAlta Corp's revenue or net income, to determine how well the company is positioned to perform in the future. Although TransAlta Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in TransAlta Corp's assets and liabilities are reflected in the revenues and expenses on TransAlta Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in TransAlta Corp. Please read more on our technical analysis and fundamental analysis pages.
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.
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Check out the analysis of TransAlta Corp Correlation against competitors. For information on how to trade TransAlta Stock refer to our How to Trade TransAlta Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Stock space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TransAlta Corp. If investors know TransAlta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TransAlta Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of TransAlta Corp is measured differently than its book value, which is the value of TransAlta that is recorded on the company's balance sheet. Investors also form their own opinion of TransAlta Corp's value that differs from its market value or its book value, called intrinsic value, which is TransAlta Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TransAlta Corp's market value can be influenced by many factors that don't directly affect TransAlta Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TransAlta Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if TransAlta Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TransAlta Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.