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:
Below please find a table outlining a discounted cash flow forecast for TAC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Transalta Corp ranked in the 58th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Transalta Corp, consider:
Its compound free cash flow growth rate, as measured over the past 5.04 years, is -0.02% -- higher than just 21.6% of stocks in our DCF forecasting set.
41% of the company's capital comes from equity, which is greater than merely 21.5% of stocks in our cash flow based forecasting set.
As a business, Transalta Corp experienced a tax rate of about 6% over the past twelve months; relative to its sector (Utilities), this tax rate is higher than only 22.36% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Transalta Corp? See NEP, CWCO, SPH, KEN, and BIP.
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 .
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