TransAlta Renewables Inc.

DB:0TA Stock Report

Market Cap: €2.3b

TransAlta Renewables Past Earnings Performance

Past criteria checks 1/6

TransAlta Renewables's earnings have been declining at an average annual rate of -16.9%, while the Renewable Energy industry saw earnings growing at 36% annually. Revenues have been growing at an average rate of 4.4% per year. TransAlta Renewables's return on equity is 4.5%, and it has net margins of 15.7%.

Key information

-16.9%

Earnings growth rate

-17.8%

EPS growth rate

Renewable Energy Industry Growth36.0%
Revenue growth rate4.4%
Return on equity4.5%
Net Margin15.7%
Last Earnings Update30 Jun 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How TransAlta Renewables makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:0TA Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 234967800
31 Mar 235367800
31 Dec 225607400
30 Sep 225447700
30 Jun 2253411700
31 Mar 2248712900
31 Dec 2147014000
30 Sep 2145915000
30 Jun 2143913600
31 Mar 2144814100
31 Dec 204319200
30 Sep 204218700
30 Jun 2041510500
31 Mar 2042210600
31 Dec 1943817900
30 Sep 1945722400
30 Jun 1945721200
31 Mar 1945124600
31 Dec 1844623600
30 Sep 1843817600
30 Jun 184389100
31 Mar 184424800
31 Dec 17441900
30 Sep 17402200
30 Jun 173559800
31 Mar 172986100
31 Dec 16240-200
30 Sep 162207900
30 Jun 1621711700
31 Mar 1621513900
31 Dec 1521619500
30 Sep 1521411000
30 Jun 152144900
31 Mar 152134800
31 Dec 142124900
30 Sep 142094300
30 Jun 142104400
31 Mar 142315700
31 Dec 132235000
30 Sep 132205300
30 Jun 132185500
31 Mar 131952800
31 Dec 121963200

Quality Earnings: 0TA has high quality earnings.

Growing Profit Margin: 0TA's current net profit margins (15.7%) are lower than last year (21.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 0TA's earnings have declined by 16.9% per year over the past 5 years.

Accelerating Growth: 0TA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 0TA had negative earnings growth (-33.3%) over the past year, making it difficult to compare to the Renewable Energy industry average (41%).

Return on Equity

High ROE: 0TA's Return on Equity (4.5%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/10/08 12:30
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 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.

AnalystInstitution
Nathan HeywoodATB Capital Markets
Dariusz LoznyBofA Global Research
David GalisonCanaccord Genuity