TransAlta Corporation Ordinary Shares (TAC) Company Bio
Transalta Corporation operates as a non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. The company was founded in 1909 and is based in Calgary, Canada.
TAC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Transalta Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Transalta Corp ranked in the 57th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for TAC, they are:
Its compound free cash flow growth rate, as measured over the past 5.04 years, is -0.02% -- higher than only 21.33% of stocks in our DCF forecasting set.
44% of the company's capital comes from equity, which is greater than merely 19.59% of stocks in our cash flow based forecasting set.
Relative to other stocks in its sector (Utilities), Transalta Corp has a reliance on debt greater than 68.11% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Utilities that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as TAC, try JE, KEN, CWEN, SPH, and NEP.
When we last covered TransAlta Corporation (TAC), we soothed the bulls and told them we expected a steady performance from this utility despite Alberta power prices going to the dumps. We held a modestly positive view of the common shares and espoused taking a stand on the preferred issues, which...
Tesla Megapack batteries are about to make a notable and symbolic impact in Canada’s fossil fuel province, with Calgary-based TransAlta Corp. expected to flip the switch on Alberta’s first utility-scale battery storage installation. Known as the WindCharger project, the initiative involves using Tesla Megapack batteries to store electricity from the nearby Summerview wind farm and […] The post Tesla Megapack batteries to crush anti-renewables FUD in Canada’s oil province appeared first on TESLARATI .
The first grid-scale battery energy storage project in the Canadian province of Alberta is on-track to go into operation this month, while TransAlta, the company behind the project, has expedited plans to retire a coal plant citing “future market conditions”.