Transalta A Cum Preferred Stock EBITDA
| TA-PD Preferred Stock | CAD 15.25 0.09 0.59% |
Transalta A Cum fundamentals help investors to digest information that contributes to Transalta's financial success or failures. It also enables traders to predict the movement of Transalta Preferred Stock. The fundamental analysis module provides a way to measure Transalta's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Transalta preferred stock.
Transalta |
Transalta A Cum Company EBITDA Analysis
Transalta's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Transalta EBITDA | 554 M |
Most of Transalta's fundamental indicators, such as EBITDA, 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 A Cum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
| Competition |
According to the company disclosure, Transalta A Cum reported earnings before interest,tax, depreciation and amortization of 554 M. This is 44.0% lower than that of the Utilities sector and 33.74% lower than that of the Utilities - Independent Power Producers industry. The ebitda for all Canada preferred stocks is 85.79% higher than that of the company.
Transalta EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Transalta's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Transalta could also be used in its relative valuation, which is a method of valuing Transalta by comparing valuation metrics of similar companies.Transalta is currently under evaluation in ebitda category among its peers.
Transalta Fundamentals
| Return On Equity | 0.082 | ||||
| Return On Asset | 0.038 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 9.29 B | ||||
| Shares Outstanding | 286 M | ||||
| Shares Owned By Institutions | 43.06 % | ||||
| Number Of Shares Shorted | 17.1 K | ||||
| Price To Sales | 1.13 X | ||||
| Revenue | 2.72 B | ||||
| Gross Profit | 970 M | ||||
| EBITDA | 554 M | ||||
| Net Income | (537 M) | ||||
| Cash And Equivalents | 109 M | ||||
| Cash Per Share | 0.38 X | ||||
| Total Debt | 2.33 B | ||||
| Debt To Equity | 82.30 % | ||||
| Current Ratio | 1.63 X | ||||
| Book Value Per Share | 2.21 X | ||||
| Cash Flow From Operations | 1 B | ||||
| Short Ratio | 6.31 X | ||||
| Earnings Per Share | (1.33) X | ||||
| Number Of Employees | 1.28 K | ||||
| Beta | 1.07 | ||||
| Market Capitalization | 3.28 B | ||||
| Total Asset | 9.23 B | ||||
| Z Score | 0.6 | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 7.38 % | ||||
| Net Asset | 9.23 B | ||||
| Last Dividend Paid | 0.21 |
About Transalta Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Transalta A Cum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Transalta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Transalta A Cum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Transalta
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Transalta position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Transalta will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Transalta could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Transalta when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Transalta - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Transalta A Cum to buy it.
The correlation of Transalta is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Transalta moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Transalta A Cum moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Transalta can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Transalta Preferred Stock Analysis
When running Transalta's price analysis, check to measure Transalta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Transalta is operating at the current time. Most of Transalta's value examination focuses on studying past and present price action to predict the probability of Transalta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transalta's price. Additionally, you may evaluate how the addition of Transalta to your portfolios can decrease your overall portfolio volatility.