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TransAlta Renewables Inc.TSX:RNW Stock Report

Market Cap CA$3.3b
Share Price
n/a
CA$13.14
n/aintrinsic discount
1Y-9.1%
7D0.4%
1D
Portfolio Value
View

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 (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

RNW Community Fair Values

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TransAlta Renewables Inc. Competitors

Price History & Performance

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

Recent News & 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...

Shareholder Returns

RNWCA Renewable EnergyCA Market
7D0.4%3.4%-0.9%
1Y-9.1%34.6%31.2%

Return vs Industry: RNW underperformed the Canadian Renewable Energy industry which returned 7.1% over the past year.

Return vs Market: RNW underperformed the Canadian Market which returned 15.5% 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 Movement4.4%
Market Average Movement9.9%
10% most volatile stocks in CA Market17.1%
10% least volatile stocks in CA Market3.8%

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/10/08 01:42
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