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TransAlta Renewables TSX:RNW Stock Report

Last Price

CA$12.34

Market Cap

CA$3.3b

7D

0.4%

1Y

-9.1%

Updated

08 Oct, 2023

Data

Company Financials +

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

RNW fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance1/6
Financial Health2/6
Dividends4/6

TransAlta Renewables Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TransAlta Renewables
Historical stock prices
Current Share PriceCA$12.34
52 Week HighCA$14.74
52 Week LowCA$10.63
Beta0.74
11 Month Change-6.94%
3 Month Change12.28%
1 Year Change-9.13%
33 Year Change-30.71%
5 Year Change16.42%
Change since IPO23.65%

Recent News & Updates

Recent updates

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

Jul 07
Here's Why TransAlta Renewables (TSE:RNW) Can Manage Its Debt Responsibly

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

Jun 03
Is TransAlta Renewables Inc. (TSE:RNW) Trading At A 46% Discount?

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

Apr 03
These 4 Measures Indicate That TransAlta Renewables (TSE:RNW) Is Using Debt Reasonably Well

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

Mar 17
Investors Met With Slowing Returns on Capital At TransAlta Renewables (TSE:RNW)

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

Feb 24
Need To Know: The Consensus Just Cut Its TransAlta Renewables Inc. (TSE:RNW) Estimates For 2023

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

Dec 16
We Think TransAlta Renewables (TSE:RNW) Can Stay On Top Of Its Debt

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

Oct 22
TransAlta Renewables' (TSE:RNW) Returns Have Hit A Wall

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

Sep 15
TransAlta Renewables (TSE:RNW) Has A Pretty Healthy Balance Sheet

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

Jul 19
Here's What To Make Of TransAlta Renewables' (TSE:RNW) Decelerating Rates Of Return

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

Jun 09
Is TransAlta Renewables (TSE:RNW) A Risky Investment?

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

Apr 13
The Returns At TransAlta Renewables (TSE:RNW) Aren't Growing

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

Mar 07
TransAlta Renewables (TSE:RNW) Has A Pretty Healthy Balance Sheet

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

Jan 06
Returns Are Gaining Momentum At TransAlta Renewables (TSE:RNW)

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

Dec 21
TransAlta Renewables Inc. (TSE:RNW) Shares Could Be 46% Below Their Intrinsic Value Estimate

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

Nov 24
Is TransAlta Renewables (TSE:RNW) Using Too Much Debt?

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

Sep 28
TransAlta Renewables (TSE:RNW) Is Experiencing Growth In Returns On Capital

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

Sep 15
TransAlta Renewables Inc. (TSE:RNW) Shares Could Be 37% Below Their Intrinsic Value Estimate

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

Aug 15
Does TransAlta Renewables (TSE:RNW) Have A Healthy Balance Sheet?

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

Jun 23
TransAlta Renewables (TSE:RNW) Might Have The Makings Of A Multi-Bagger

Shareholder Returns

RNWCA Renewable EnergyCA Market
7D0.4%1.2%1.3%
1Y-9.1%16.2%23.1%

Return vs Industry: RNW underperformed the Canadian Renewable Energy industry which returned 16.2% over the past year.

Return vs Market: RNW underperformed the Canadian Market which returned 23.1% over the past year.

Price Volatility

Is RNW's price volatile compared to industry and market?
RNW volatility
RNW Average Weekly Movement5.7%
Renewable Energy Industry Average Movement4.2%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market2.9%

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

FoundedEmployeesCEOWebsite
2013n/aTodd Stackwww.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

How do TransAlta Renewables's earnings and revenue compare to its market cap?
RNW fundamental statistics
Market capCA$3.29b
Earnings (TTM)CA$78.00m
Revenue (TTM)CA$496.00m

42.2x

P/E Ratio

6.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RNW income statement (TTM)
RevenueCA$496.00m
Cost of RevenueCA$261.00m
Gross ProfitCA$235.00m
Other ExpensesCA$157.00m
EarningsCA$78.00m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.29
Gross Margin47.38%
Net Profit Margin15.73%
Debt/Equity Ratio46.7%

How did RNW perform over the long term?

See historical performance and comparison

Dividends

7.6%

Current Dividend Yield

322%

Payout Ratio