TransAlta Pocfratio from 2010 to 2024

TAC Stock  USD 10.79  0.04  0.37%   
TransAlta Corp's POCF Ratio is decreasing over the years with slightly volatile fluctuation. POCF Ratio is expected to dwindle to 1.97. During the period from 2010 to 2024 TransAlta Corp POCF Ratio annual values regression line had geometric mean of  3.61 and mean square error of  1.24. View All Fundamentals
 
POCF Ratio  
First Reported
2010-12-31
Previous Quarter
2.07754098
Current Value
1.97
Quarterly Volatility
1.70780803
 
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Yuan Drop
 
Covid
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 Interest Expense of 197.5 M, Total Revenue of 2.8 B or Gross Profit of 1.2 B, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0507 or PTB Ratio of 1.71. TransAlta financial statements analysis is a perfect complement when working with TransAlta Corp Valuation or Volatility modules.
  
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.

Latest TransAlta Corp's Pocfratio Growth Pattern

Below is the plot of the Pocfratio of TransAlta Corp over the last few years. It is TransAlta Corp's POCF Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TransAlta Corp's overall financial position and show how it may be relating to other accounts over time.
Pocfratio10 Years Trend
Slightly volatile
   Pocfratio   
       Timeline  

TransAlta Pocfratio Regression Statistics

Arithmetic Mean3.92
Geometric Mean3.61
Coefficient Of Variation43.54
Mean Deviation1.28
Median3.61
Standard Deviation1.71
Sample Variance2.92
Range5.1521
R-Value(0.78)
Mean Square Error1.24
R-Squared0.61
Significance0.0006
Slope(0.30)
Total Sum of Squares40.83

TransAlta Pocfratio History

2024 1.97
2023 2.08
2022 3.74
2021 3.8
2020 3.79
2019 3.09
2018 1.96

About TransAlta Corp Financial Statements

TransAlta Corp stakeholders use historical fundamental indicators, such as TransAlta Corp's Pocfratio, 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.
Last ReportedProjected for Next Year
POCF Ratio 2.08  1.97 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether TransAlta Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TransAlta Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Transalta Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Transalta Corp Stock:
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Independent Power and Renewable Electricity Producers 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.
Quarterly Earnings Growth
(0.21)
Dividend Share
0.235
Earnings Share
0.27
Revenue Per Share
9.166
Quarterly Revenue Growth
(0.37)
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.