TransAlta Renewables Inc.

TSX:RNW Stock Report

Market Cap: CA$3.3b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

TransAlta Renewables Management

Management criteria checks 3/4

TransAlta Renewables' CEO is Todd Stack, appointed in Jan 2022, has a tenure of 1.75 years. total yearly compensation is CA$918.80K, comprised of 25.8% salary and 74.2% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth CA$49.40K. The average tenure of the management team and the board of directors is 4.4 years and 2.5 years respectively.

Key information

Todd Stack

Chief executive officer

CA$918.8k

Total compensation

CEO salary percentage25.83%
CEO tenure1.8yrs
CEO ownership0.002%
Management average tenure4.4yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

Analysis Article • Jul 07

Here's Why TransAlta Renewables (TSE:RNW) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Jun 03

Is TransAlta Renewables Inc. (TSE:RNW) Trading At A 46% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, TransAlta Renewables fair value estimate is CA$23.01 TransAlta...
Analysis Article • Apr 03

These 4 Measures Indicate That TransAlta Renewables (TSE:RNW) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Mar 17

Investors Met With Slowing Returns on Capital At TransAlta Renewables (TSE:RNW)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Feb 24

Need To Know: The Consensus Just Cut Its TransAlta Renewables Inc. (TSE:RNW) Estimates For 2023

One thing we could say about the analysts on TransAlta Renewables Inc. ( TSE:RNW ) - they aren't optimistic, having...
Analysis Article • Dec 16

We Think TransAlta Renewables (TSE:RNW) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Oct 22

TransAlta Renewables' (TSE:RNW) Returns Have Hit A Wall

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Analysis Article • Sep 15

TransAlta Renewables (TSE:RNW) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Jul 19

Here's What To Make Of TransAlta Renewables' (TSE:RNW) Decelerating Rates Of Return

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Jun 09

Is TransAlta Renewables (TSE:RNW) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Apr 13

The Returns At TransAlta Renewables (TSE:RNW) Aren't Growing

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Mar 07

TransAlta Renewables (TSE:RNW) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article • Jan 06

Returns Are Gaining Momentum At TransAlta Renewables (TSE:RNW)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Analysis Article • Dec 21

TransAlta Renewables Inc. (TSE:RNW) Shares Could Be 46% Below Their Intrinsic Value Estimate

Today we will run through one way of estimating the intrinsic value of TransAlta Renewables Inc. ( TSE:RNW ) by taking...
Analysis Article • Nov 24

Is TransAlta Renewables (TSE:RNW) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article • Sep 28

TransAlta Renewables (TSE:RNW) Is Experiencing Growth In Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Sep 15

TransAlta Renewables Inc. (TSE:RNW) Shares Could Be 37% Below Their Intrinsic Value Estimate

Today we will run through one way of estimating the intrinsic value of TransAlta Renewables Inc. ( TSE:RNW ) by...
Analysis Article • Aug 15

Does TransAlta Renewables (TSE:RNW) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Jun 23

TransAlta Renewables (TSE:RNW) Might Have The Makings Of A Multi-Bagger

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...

CEO Compensation Analysis

How has Todd Stack's remuneration changed compared to TransAlta Renewables's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

CA$78m

Mar 31 2023n/an/a

CA$78m

Dec 31 2022CA$919kCA$237k

CA$74m

Sep 30 2022n/an/a

CA$77m

Jun 30 2022n/an/a

CA$117m

Mar 31 2022n/an/a

CA$129m

Dec 31 2021CA$832kCA$210k

CA$140m

Sep 30 2021n/an/a

CA$150m

Jun 30 2021n/an/a

CA$136m

Mar 31 2021n/an/a

CA$141m

Dec 31 2020CA$465kCA$138k

CA$92m

Sep 30 2020n/an/a

CA$87m

Jun 30 2020n/an/a

CA$105m

Mar 31 2020n/an/a

CA$106m

Dec 31 2019CA$557kCA$113k

CA$179m

Sep 30 2019n/an/a

CA$224m

Jun 30 2019n/an/a

CA$212m

Mar 31 2019n/an/a

CA$246m

Dec 31 2018CA$172kCA$77k

CA$236m

Sep 30 2018n/an/a

CA$176m

Jun 30 2018n/an/a

CA$91m

Mar 31 2018n/an/a

CA$48m

Dec 31 2017CA$160kCA$70k

CA$9m

Sep 30 2017n/an/a

CA$2m

Jun 30 2017n/an/a

CA$98m

Mar 31 2017n/an/a

CA$61m

Dec 31 2016CA$168kCA$70k

-CA$2m

Compensation vs Market: Todd's total compensation ($USD672.43K) is below average for companies of similar size in the Canadian market ($USD3.14M).

Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.

CEO

Todd Stack (56 yo)

1.8yrs
Tenure
CA$918,796
Compensation

Mr. Todd John Stack serves as President at TransAlta Renewables Inc. since February 6, 2021 and serves as its Non-Independent Director since February 6, 2021. Mr. Stack has been Chief Financial Officer of...

Leadership Team

NamePositionTenureCompensationOwnership
Todd Stack
President & Non-Independent Director1.8yrsCA$918.80k0.0015%
CA$ 49.4k
Brent Ward
Chief Financial Officer4.4yrsCA$425.96kno data
Aron Willis
Executive Vice-President of Growth6.8yrsCA$644.67kno data
Scott Jeffers
VP & Corporate Secretary5.9yrsCA$213.86k0.00037%
CA$ 12.2k
Sally Taylor
Manager of Investor Relationsno datano datano data
Michelle Cameron
VP & Corporate Controller2.4yrsno datano data
Chad Macy
Senior Environmental Advisorno datano datano data
4.4yrs
Average Tenure

Experienced Management: RNW's management team is considered experienced (4.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Todd Stack
President & Non-Independent Director2.7yrsCA$918.80k0.0015%
CA$ 49.4k
Allen Hagerman
Independent Director10.3yrsCA$149.00kno data
David Drinkwater
Independent Chairman10.3yrsCA$200.50k0.00094%
CA$ 31.0k
Brett Gellner
Non-Independent Director10.4yrsCA$109.00k0.013%
CA$ 413.3k
Georganne Hodges
Independent Director2.4yrsCA$165.50kno data
Susan Ward
Independent Director2.4yrsCA$150.50k0.0017%
CA$ 57.0k
Michael Novelli
Non-Independent Directorless than a yearno datano data
Kerry Wilks
Non-Independent Director2.4yrsno datano data
2.5yrs
Average Tenure
58yo
Average Age

Experienced Board: RNW's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/10/08 15:32
End of Day Share Price 2023/10/06 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

TransAlta Renewables Inc. is covered by 14 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.

AnalystInstitution
Nathan HeywoodATB Cormark
Dariusz LoznyBofA Global Research
David GalisonCanaccord Genuity