TransAlta Renewables Future Growth

Future criteria checks 3/6

TransAlta Renewables is forecast to grow earnings and revenue by 46.4% and 0.5% per annum respectively while EPS is expected to grow by 47.6% per annum.

Key information

46.4%

Earnings growth rate

47.6%

EPS growth rate

Renewable Energy earnings growth	12.7%
Revenue growth rate	0.5%
Future return on equity	n/a
Analyst coverage	Low
Last updated	06 Oct 2023

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

OTCPK:TRSW.F - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	581	N/A	N/A	381	1
12/31/2024	617	206	340	405	3
12/31/2023	513	197	337	371	2
6/30/2023	496	78	84	234	N/A
3/31/2023	536	78	84	221	N/A
12/31/2022	560	74	139	257	N/A
9/30/2022	544	77	146	239	N/A
6/30/2022	534	117	206	285	N/A
3/31/2022	487	129	256	336	N/A
12/31/2021	470	140	255	336	N/A
9/30/2021	459	150	262	314	N/A
6/30/2021	439	136	251	296	N/A
3/31/2021	448	141	256	288	N/A
12/31/2020	431	92	239	267	N/A
9/30/2020	421	87	258	291	N/A
6/30/2020	415	105	280	301	N/A
3/31/2020	422	106	257	282	N/A
12/31/2019	438	179	300	331	N/A
9/30/2019	457	224	319	361	N/A
6/30/2019	457	212	312	364	N/A
3/31/2019	451	246	318	384	N/A
12/31/2018	446	236	322	385	N/A
9/30/2018	438	176	255	312	N/A
6/30/2018	438	91	269	321	N/A
3/31/2018	442	48	284	322	N/A
12/31/2017	441	9	252	290	N/A
9/30/2017	402	2	299	329	N/A
6/30/2017	355	98	282	304	N/A
3/31/2017	298	61	N/A	301	N/A
12/31/2016	240	-2	N/A	282	N/A
9/30/2016	220	79	N/A	272	N/A
6/30/2016	217	117	N/A	250	N/A
3/31/2016	215	139	N/A	229	N/A
12/31/2015	216	195	N/A	189	N/A
9/30/2015	214	110	N/A	175	N/A
6/30/2015	214	49	N/A	152	N/A
3/31/2015	213	48	N/A	139	N/A
12/31/2014	212	49	N/A	143	N/A
9/30/2014	209	43	N/A	136	N/A
6/30/2014	210	44	N/A	144	N/A
3/31/2014	231	57	N/A	154	N/A
12/31/2013	223	50	N/A	162	N/A
9/30/2013	220	53	N/A	161	N/A
6/30/2013	218	55	N/A	159	N/A
3/31/2013	195	28	N/A	132	N/A
12/31/2012	196	32	N/A	117	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TRSW.F's forecast earnings growth (46.4% per year) is above the savings rate (2.2%).

Earnings vs Market: TRSW.F's earnings (46.4% per year) are forecast to grow faster than the US market (14.9% per year).

High Growth Earnings: TRSW.F's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TRSW.F's revenue (0.5% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: TRSW.F's revenue (0.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if TRSW.F's Return on Equity is forecast to be high in 3 years time

TransAlta Renewables Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Recent updates

TransAlta Renewables Inc. Common Shares to Be Deleted from OTC Equity

TransAlta's Shares to Be Delisted from Toronto Stock Exchange

TransAlta Corporation (TSX:TA) completed the acquisition of remaining 39.9% stake in TransAlta Renewables Inc. (TSX:RNW) from TortoiseEcofin Investments, LLC and others.

TransAlta Corporation (TSX:TA) completed the acquisition of remaining 39.9% stake in TransAlta Renewables Inc. (TSX:RNW).

TransAlta Corporation (TSX:TA) entered into a definitive arrangement agreement to acquire remaining 39.9% stake in TransAlta Renewables Inc. (TSX:RNW) from shareholders for CAD 1.3 billion.

TransAlta Renewables Inc. to Report Q2, 2023 Results on Aug 04, 2023

TransAlta Renewables Inc. to Report Q2, 2023 Results on Aug 03, 2023

TransAlta Renewables Inc. Declares Monthly Dividends, Payable on July 31, 2023, August 31, 2023 and September 29, 2023

Transalta Renewables Inc. Declares Monthly Dividend, Payable on April 28, 2023, May 31, 2023 and June 30, 2023 Respectively

TransAlta Renewables Inc. to Report Q4, 2022 Results on Feb 23, 2023

Energy Ottawa Inc. acquired two hydroelectric generating stations from TransAlta Renewables Inc. (TSX:RNW).

TransAlta Renewables Inc. Appoints Michael Novelli as Nominee Director

TransAlta Renewables Inc. Declares Monthly Dividend, Payable on January 31, 2023, February 28, 2023 and March 31, 2023 Respectively

TransAlta Renewables Inc. to Report Q3, 2022 Results on Nov 04, 2022

TransAlta Renewables Inc. Declares Monthly Dividend, Payable on October 31, 2022, November 30, 2022 and December 30, 2022 Respectively

TransAlta Renewables Inc. to Report Q2, 2022 Results on Aug 05, 2022

TransAlta Renewables Inc. Declares Monthly Dividend, Payable on July 29, 2022, August 31, 2022 and September 29, 2022 Respectively

TransAlta Renewables Inc. to Report Q1, 2022 Results on May 04, 2022

TransAlta Renewables Inc., Annual General Meeting, May 04, 2022

TransAlta Renewables Inc. Declares Monthly Dividend, Payable on April 29, 2022, May 31, 2022 and June 30, 2022 Respectively

TransAlta Renewables Inc. (TSX:RNW) entered into definitive agreement to acquire 122 MW Portfolio of Operating Solar Facilities Located in North Carolina from Copenhagen Infrastructure Partners P/S for $96.6 million.

TransAlta Renewables Inc. Declares Monthly Dividend, Payable on July 30, 2021, August 31, 2021 and September 30, 2021

TransAlta Renewables Inc., Annual General Meeting, May 18, 2021

TransAlta Renewables Inc. Announces Board Changes

TransAlta Renewables Inc. (TSX:RNW) entered into an agreement to acquire 29 Megawatt Ada cogeneration facility located in Ada, Michigan. from TransAlta Corporation (TSX:TA).

TransAlta Renewables Inc. to Report Q3, 2020 Results on Oct 30, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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