RNW Stock Overview
TransAlta Renewables Inc. owns, develops, and operates renewable and natural gas power generation facilities and other infrastructure assets in Canada, the United States, and Australia. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
TransAlta Renewables Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$12.34 |
| 52 Week High | CA$14.74 |
| 52 Week Low | CA$10.63 |
| Beta | 0.74 |
| 1 Month Change | -6.94% |
| 3 Month Change | 12.28% |
| 1 Year Change | -9.13% |
| 3 Year Change | -30.71% |
| 5 Year Change | 16.42% |
| Change since IPO | 23.65% |
Recent News & Updates
Recent updates
Here's Why TransAlta Renewables (TSE:RNW) Can Manage Its Debt Responsibly
Jul 07
Is TransAlta Renewables Inc. (TSE:RNW) Trading At A 46% Discount?
Jun 03These 4 Measures Indicate That TransAlta Renewables (TSE:RNW) Is Using Debt Reasonably Well
Apr 03Investors Met With Slowing Returns on Capital At TransAlta Renewables (TSE:RNW)
Mar 17Need To Know: The Consensus Just Cut Its TransAlta Renewables Inc. (TSE:RNW) Estimates For 2023
Feb 24We Think TransAlta Renewables (TSE:RNW) Can Stay On Top Of Its Debt
Dec 16TransAlta Renewables' (TSE:RNW) Returns Have Hit A Wall
Oct 22TransAlta Renewables (TSE:RNW) Has A Pretty Healthy Balance Sheet
Sep 15Here's What To Make Of TransAlta Renewables' (TSE:RNW) Decelerating Rates Of Return
Jul 19Is TransAlta Renewables (TSE:RNW) A Risky Investment?
Jun 09The Returns At TransAlta Renewables (TSE:RNW) Aren't Growing
Apr 13TransAlta Renewables (TSE:RNW) Has A Pretty Healthy Balance Sheet
Mar 07Returns Are Gaining Momentum At TransAlta Renewables (TSE:RNW)
Jan 06TransAlta Renewables Inc. (TSE:RNW) Shares Could Be 46% Below Their Intrinsic Value Estimate
Dec 21Is TransAlta Renewables (TSE:RNW) Using Too Much Debt?
Nov 24TransAlta Renewables (TSE:RNW) Is Experiencing Growth In Returns On Capital
Sep 28TransAlta Renewables Inc. (TSE:RNW) Shares Could Be 37% Below Their Intrinsic Value Estimate
Sep 15Does TransAlta Renewables (TSE:RNW) Have A Healthy Balance Sheet?
Aug 15TransAlta Renewables (TSE:RNW) Might Have The Makings Of A Multi-Bagger
Jun 23Shareholder Returns
| RNW | CA Renewable Energy | CA Market | |
|---|---|---|---|
| 7D | 0.4% | -1.6% | -2.6% |
| 1Y | -9.1% | 6.3% | 15.2% |
Return vs Industry: RNW underperformed the Canadian Renewable Energy industry which returned 6.3% over the past year.
Return vs Market: RNW underperformed the Canadian Market which returned 15.2% over the past year.
Price Volatility
| RNW volatility | |
|---|---|
| RNW Average Weekly Movement | 5.7% |
| Renewable Energy Industry Average Movement | 4.8% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in CA Market | 17.4% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: RNW has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: RNW's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | n/a | Todd Stack | www.transaltarenewables.com |
TransAlta Renewables Inc. owns, develops, and operates renewable and natural gas power generation facilities and other infrastructure assets in Canada, the United States, and Australia. The company operates through Canadian Wind, Canadian Hydro, Canadian Gas, US Wind and Solar, US Gas, and Australian Gas segments. Its portfolio of assets comprises 50 renewable power generation facilities, including wind, hydro, and gas.
TransAlta Renewables Inc. Fundamentals Summary
| RNW fundamental statistics | |
|---|---|
| Market cap | CA$3.29b |
| Earnings (TTM) | CA$78.00m |
| Revenue (TTM) | CA$496.00m |
42.2x
P/E Ratio6.6x
P/S RatioIs RNW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RNW income statement (TTM) | |
|---|---|
| Revenue | CA$496.00m |
| Cost of Revenue | CA$261.00m |
| Gross Profit | CA$235.00m |
| Other Expenses | CA$157.00m |
| Earnings | CA$78.00m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.29 |
| Gross Margin | 47.38% |
| Net Profit Margin | 15.73% |
| Debt/Equity Ratio | 46.7% |
How did RNW perform over the long term?
See historical performance and comparisonDividends
7.6%
Current Dividend Yield322%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/10/08 04:23 |
| End of Day Share Price | 2023/10/06 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TransAlta Renewables Inc. is covered by 18 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nathan Heywood | ATB Capital Markets |
| Dariusz Lozny | BofA Global Research |
| David Galison | Canaccord Genuity |