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TransAlta CorporationNYSE:TAC Stock Report

Market Cap US$4.0b
Share Price
US$13.56
US$16.57
18.2% undervalued intrinsic discount
1Y19.2%
7D9.5%
1D
Portfolio Value
View

TransAlta Corporation

NYSE:TAC Stock Report

Market Cap: US$4.0b

TransAlta (TAC) Stock Overview

Engages in the development, production, and sale of electric energy. More details

TAC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance0/6
Financial Health2/6
Dividends2/6

TAC Community Fair Values

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See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

TransAlta Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for TransAlta
Historical stock prices
Current Share PriceCA$13.56
52 Week HighCA$17.88
52 Week LowCA$10.28
Beta0.49
1 Month Change8.83%
3 Month Change9.27%
1 Year Change19.16%
3 Year Change40.37%
5 Year Change35.06%
Change since IPO-15.62%

Recent News & Updates

Seeking Alpha Jun 05

TransAlta: The Colorado Deal Helps, But I'm Still Not Buying

Summary TransAlta Corporation operates and acquires diverse power-generating assets, including renewables and natural gas facilities. TAC benefits from long-term contracts that provide reliable revenue streams, such as 15-year fixed-price agreements with utility customers. I previously rated TAC a Hold due to uncertainty, balancing strong free cash flow and renewables growth against Alberta power price and regulatory risks. Alberta's collapsing power prices and regulatory headwinds remain material concerns for TAC's investment outlook. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha Jun 05

TransAlta: The Colorado Deal Helps, But I'm Still Not Buying

Summary TransAlta Corporation operates and acquires diverse power-generating assets, including renewables and natural gas facilities. TAC benefits from long-term contracts that provide reliable revenue streams, such as 15-year fixed-price agreements with utility customers. I previously rated TAC a Hold due to uncertainty, balancing strong free cash flow and renewables growth against Alberta power price and regulatory risks. Alberta's collapsing power prices and regulatory headwinds remain material concerns for TAC's investment outlook. Read the full article on Seeking Alpha
Seeking Alpha Apr 28

TransAlta: Cratering Alberta Power Prices Offset By Option Premiums

Summary We were exiting our TransAlta position at the time we last wrote about it. The stock has roundtripped back to the same point. The setup seems similar, but there is a much bigger margin of safety today. We tell you why we think the common with covered calls, generating 25% yields, is better than the preferred. Read the full article on Seeking Alpha
Seeking Alpha Feb 21

TransAlta's Growth Story Has Holes And I'm Not Buying It

Summary TransAlta Corporation faces a challenging year with a 20% stock decline, weak grades, and Alberta’s collapsing power prices impacting revenue stability. Despite market headwinds, TransAlta’s efficiency, strategic acquisitions, and expansion in renewable energy projects bolster its long-term growth potential. The company maintains strong free cash flow and liquidity, with significant investments in data centers and renewable energy projects supporting future growth. Given regulatory uncertainties and declining earnings, I rate TransAlta as a hold, pending stabilization of earnings and successful execution of growth initiatives. Read the full article on Seeking Alpha
Seeking Alpha Mar 07

TransAlta: The Transition Must Accelerate

Summary TransAlta is a Canadian power producer, still generating the majority of revenues from fossil fuels but with an important pipeline of renewables plants under development. Its hybrid structure could make it a good investment opportunity in the transition to clean energy, with the thesis supported by the result of my DCF model. However, three major risks are at stake: high dependence on electricity prices, large revenues concentration in Alberta and delays in construction of renewable projects. Read the full article on Seeking Alpha
Seeking Alpha Dec 13

TransAlta: A Major Player, A Good Buy At Below $10.5/Share

Summary TransAlta is a utility company that has been undervalued and has not delivered a high dividend yield. The company has a solid market cap and generates significant free cash flow. TransAlta has plans for significant growth in clean electricity generation and has several high-value projects in the pipeline. Read the full article on Seeking Alpha

Shareholder Returns

TACUS Renewable EnergyUS Market
7D9.5%4.2%2.3%
1Y19.2%7.8%25.5%

Return vs Industry: TAC exceeded the US Renewable Energy industry which returned 7.8% over the past year.

Return vs Market: TAC underperformed the US Market which returned 25.5% over the past year.

Price Volatility

Is TAC's price volatile compared to industry and market?
TAC volatility
TAC Average Weekly Movement6.2%
Renewable Energy Industry Average Movement7.9%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: TAC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TAC's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19091,350Joel Hunterwww.transalta.com

TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) located in Alberta and Canada.

TransAlta Corporation Fundamentals Summary

How do TransAlta's earnings and revenue compare to its market cap?
TAC fundamental statistics
Market capUS$4.02b
Earnings (TTM)-US$158.94m
Revenue (TTM)US$1.58b
2.6x
P/S Ratio
-25.6x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TAC income statement (TTM)
RevenueCA$2.21b
Cost of RevenueCA$1.52b
Gross ProfitCA$693.00m
Other ExpensesCA$916.00m
Earnings-CA$223.00m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.75
Gross Margin31.33%
Net Profit Margin-10.08%
Debt/Equity Ratio292.3%

How did TAC perform over the long term?

See historical performance and comparison

Dividends

1.5%
Current Dividend Yield
-35%
Payout Ratio

Does TAC pay a reliable dividends?

See TAC dividend history and benchmarks
When do you need to buy TAC by to receive an upcoming dividend?
TransAlta dividend dates
Ex Dividend DateJun 01 2026
Dividend Pay DateJul 01 2026
Days until Ex dividend17 days
Days until Dividend pay date13 days

Does TAC pay a reliable dividends?

See TAC dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 21:48
End of Day Share Price 2026/06/17 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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 Corporation is covered by 20 analysts. 6 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
Benjamin PhamBMO Capital Markets Equity Research
Julien Dumoulin-SmithBofA Global Research