| This report is for educational purposes only, and not to provide
investment advice. Before making any
investment decision, you should always do your own research or consult a
investment professional. |
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| While I try to
be accurate, I assume no responsibility for any figure in this spreadsheet. |
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| See my
website on stocks or see my blog at the following sites. |
www.spbrunner.com/stocks.html |
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www.spbrunner.blogspot.com/ |
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| TransAlta Corp |
TA |
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www.transalta.com |
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Fiscal Yr: |
Dec 31 |
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US-TAC |
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| Year |
12/31/00 |
12/31/01 |
12/31/02 |
12/31/03 |
12/31/04 |
12/31/05 |
12/31/06 |
12/31/07 |
12/31/08 |
12/31/09 |
12/31/10 |
12/31/11 |
12/30/12 |
12/30/13 |
12/30/14 |
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#Y |
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| Accting Rules |
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C GAAP |
IFRS |
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restated |
restated |
restated |
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| Revenue* |
1,671.1 |
2,559.5 |
1,814.9 |
2,520.9 |
2,838.3 |
2,838.5 |
2,796.5 |
2,774.7 |
3,110.0 |
2,770.0 |
2,819.0 |
2,663.0 |
2,589.0 |
2,652.0 |
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4.04% |
<-Total Growth |
10 |
Revenue |
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| Increase |
62.34% |
53.16% |
-29.09% |
38.90% |
12.59% |
0.01% |
-1.48% |
-0.78% |
12.08% |
-10.93% |
1.77% |
-5.53% |
-2.78% |
2.43% |
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0.40% |
<-IRR #YR-> |
10 |
Revenue |
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| Rev per Share |
$9.91 |
$15.21 |
$10.69 |
$13.22 |
$14.62 |
$14.29 |
$13.82 |
$13.81 |
$15.44 |
$12.71 |
$12.80 |
$11.91 |
$11.58 |
$11.86 |
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-0.97% |
<-IRR #YR-> |
5 |
Revenue |
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| P/S (Price/Sales) |
2.22 |
1.42 |
1.60 |
1.40 |
1.23 |
1.78 |
1.93 |
2.41 |
1.57 |
1.85 |
1.65 |
1.76 |
1.54 |
1.51 |
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-2.42% |
<-IRR #YR-> |
10 |
Per Share |
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| *Revenue in M
CDN $ |
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P/S |
10 yr |
1.71 |
5 yr |
1.76 |
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-2.93% |
<-IRR #YR-> |
5 |
Per Share |
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-$2,560 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$2,663 |
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-$2,797 |
$0 |
$0 |
$0 |
$0 |
$2,663 |
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-$15.21 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$11.91 |
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-$13.82 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$11.91 |
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| EPS* |
$1.64 |
$1.25 |
$1.12 |
$1.26 |
$0.88 |
$1.01 |
$0.22 |
$1.53 |
$1.18 |
$0.90 |
$1.00 |
$1.31 |
$1.11 |
$1.17 |
$1.36 |
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4.80% |
<-Total Growth |
10 |
Earnings |
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| Increase |
64.00% |
-23.78% |
-10.40% |
12.50% |
-30.16% |
14.77% |
-78.22% |
51.49% |
436.36% |
-23.73% |
11.11% |
31.00% |
-15.27% |
5.41% |
16.24% |
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0.47% |
<-IRR #YR-> |
10 |
Earnings |
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| Earnings Yield |
7.5% |
5.8% |
6.5% |
6.8% |
4.9% |
4.0% |
0.8% |
4.6% |
4.9% |
3.8% |
4.7% |
6.2% |
6.2% |
6.5% |
7.6% |
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42.88% |
<-IRR #YR-> |
5 |
Earnings |
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| * ESP per
share (Cdn GAAP) |
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E/P |
10 Yrs |
4.79% |
5Yrs |
4.73% |
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-$1.25 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.31 |
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-$0.22 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.31 |
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| Div* |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
$1.08 |
$1.16 |
$1.16 |
$1.16 |
$1.16 |
$1.16 |
$1.16 |
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16.00% |
<-Total Growth |
10 |
Dividends |
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| Increase |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
8.00% |
7.41% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
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0.00% |
<-Median-> |
10 |
Dividends |
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| Yield H/L Pr. |
5.59% |
4.06% |
4.93% |
5.72% |
5.90% |
4.51% |
4.11% |
3.47% |
3.71% |
5.35% |
5.32% |
5.43% |
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5.13% |
<-Median-> |
10 |
Dividends |
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| Yield on High Pr. |
4.43% |
3.32% |
4.19% |
5.17% |
5.36% |
3.78% |
3.74% |
2.95% |
2.90% |
4.59% |
4.84% |
4.99% |
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4.39% |
<-Median-> |
10 |
Dividends |
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| Yield on Low Pr. |
7.58% |
5.22% |
5.99% |
6.39% |
6.56% |
5.59% |
4.57% |
4.21% |
5.14% |
6.41% |
5.92% |
5.96% |
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5.53% |
<-Average |
5 |
Dividends |
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| Yield on Cl Pr. |
4.55% |
4.63% |
5.84% |
5.40% |
5.54% |
3.94% |
3.75% |
3.00% |
4.44% |
4.94% |
5.48% |
5.52% |
6.49% |
6.49% |
6.49% |
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5.17% |
<-Median-> |
10 |
Dividends |
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| Payout Ratio/EPS |
61.0% |
80.0% |
89.3% |
79.4% |
113.6% |
99.0% |
454.5% |
65.4% |
91.5% |
128.9% |
116.0% |
88.5% |
104.5% |
99.1% |
85.3% |
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95.27% |
<-Median-> |
10 |
DPR EPS |
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| Payout Ratio/CF |
84.9% |
23.5% |
42.6% |
36.2% |
31.6% |
32.1% |
40.6% |
23.7% |
21.0% |
43.6% |
31.5% |
37.4% |
31.8% |
31.4% |
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34.14% |
<-Median-> |
10 |
DPR CF |
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| Payout Ratio CF NC |
84.9% |
25.0% |
33.3% |
35.4% |
33.0% |
30.5% |
29.4% |
25.7% |
26.3% |
34.7% |
32.6% |
32.1% |
31.8% |
31.4% |
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32.35% |
<-Median-> |
10 |
DPR CF NC |
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| Median 5 yrs |
Div Yd |
7.16% |
5 |
7.91% |
10 |
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Yield |
5.32% |
4.94% |
Payout |
91.53% |
31.51% |
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1.50% |
<-IRR #YR-> |
10 |
Dividends |
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| * Dividends per
share |
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2.0% |
Years |
2.0% |
Years |
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Curr diff |
21.90% |
Last Div Inc ---> |
$0.29 |
$0.29 |
0.0% |
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3.01% |
<-IRR #YR-> |
5 |
Dividends |
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-$1.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.16 |
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-$1.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.16 |
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| Div Gr, Cap Gain |
25 |
Div Gr |
152.17% |
Cap Gain |
24.38% |
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# yrs -> |
3 |
Div Gr |
0.00% |
Cap Gain |
-17.60% |
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| I am earning |
$0.46 |
3.20% |
Trading |
$14.38 |
1987 |
8.07% |
Div start |
$1.16 |
5.35% |
Trading |
$21.70 |
2009 |
5.35% |
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| Yield if held 5 yrs |
7.17% |
6.16% |
5.28% |
4.59% |
5.35% |
5.59% |
4.06% |
4.93% |
6.17% |
6.84% |
5.23% |
4.77% |
4.03% |
3.99% |
5.35% |
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5.26% |
<-Median-> |
10 |
Dividends |
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| Yield if held 10 yrs |
7.84% |
7.76% |
7.55% |
7.11% |
6.81% |
7.17% |
6.16% |
5.28% |
4.95% |
6.20% |
6.49% |
4.71% |
5.72% |
6.63% |
6.84% |
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6.35% |
<-Median-> |
10 |
Dividends |
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| H/LYield held 15 yrs |
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7.84% |
7.76% |
7.55% |
7.68% |
7.90% |
8.32% |
7.15% |
6.13% |
5.32% |
6.20% |
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7.76% |
<-Median-> |
7 |
Dividends |
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| H/LYield held 20 yrs |
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9.09% |
9.01% |
8.75% |
8.25% |
7.90% |
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9.05% |
<-Median-> |
2 |
Dividends |
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| Graham Price |
$20.70 |
$18.14 |
$17.62 |
$19.09 |
$15.88 |
$16.90 |
$7.71 |
$19.85 |
$18.19 |
$16.49 |
$16.98 |
$18.89 |
$17.39 |
$17.85 |
$19.25 |
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4.12% |
<-Total Growth |
10 |
Graham Price |
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| Prem /Disc.Med H/L |
-13.6% |
35.8% |
15.0% |
-8.3% |
6.7% |
31.2% |
215.4% |
45.2% |
60.0% |
31.4% |
28.3% |
13.0% |
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29.75% |
<-Median-> |
10 |
Graham Price |
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| Prem/Disc High |
8.9% |
66.1% |
35.4% |
1.3% |
17.4% |
56.4% |
246.6% |
70.6% |
104.5% |
53.1% |
41.2% |
23.0% |
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47.14% |
<-Median-> |
10 |
Graham Price |
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| Prem/Disc Low |
-36.2% |
5.6% |
-5.3% |
-18.0% |
-4.0% |
5.9% |
184.2% |
19.7% |
15.4% |
9.8% |
15.5% |
3.0% |
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7.86% |
<-Median-> |
10 |
Graham Price |
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| Prem/Disc Cl |
6.3% |
19.1% |
-2.9% |
-2.9% |
13.7% |
50.4% |
245.7% |
68.0% |
33.6% |
42.3% |
24.5% |
11.3% |
2.8% |
0.2% |
-7.1% |
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29.06% |
<-Median-> |
10 |
Graham Price |
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| Price Cl |
$22.00 |
$21.60 |
$17.11 |
$18.53 |
$18.05 |
$25.41 |
$26.64 |
$33.35 |
$24.30 |
$23.48 |
$21.15 |
$21.02 |
$17.88 |
$17.88 |
$17.88 |
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-2.69% |
<-Total Growth |
10 |
Stock Price |
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| Increase |
55.48% |
-1.82% |
-20.79% |
8.30% |
-2.59% |
40.78% |
4.84% |
25.19% |
-27.14% |
-3.37% |
-9.92% |
-0.61% |
-14.94% |
0.00% |
0.00% |
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-0.27% |
<-IRR #YR-> |
10 |
Stock Price |
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| P/E |
13.41 |
17.28 |
15.28 |
14.71 |
20.51 |
25.16 |
121.09 |
21.80 |
20.59 |
26.09 |
21.15 |
16.05 |
16.11 |
15.28 |
13.15 |
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-4.63% |
<-IRR #YR-> |
5 |
Stock Price |
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| Trailing P/E |
22.00 |
13.17 |
13.69 |
16.54 |
14.33 |
28.88 |
26.38 |
151.59 |
15.88 |
19.90 |
23.50 |
21.02 |
13.65 |
16.11 |
15.28 |
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4.63% |
<-IRR #YR-> |
10 |
Price and Div |
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| Median 10, 5 Yrs |
D. per yr |
4.91% |
4.58% |
% Tot Ret |
105.86% |
-9338.15% |
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Price Inc |
-3.37% |
P/E: |
20.87 |
21.15 |
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-0.05% |
<-IRR #YR-> |
5 |
Price and Div |
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-$21.60 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$21.02 |
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-$26.64 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$21.02 |
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-$21.60 |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
$1.08 |
$1.16 |
$1.16 |
$22.18 |
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|
|
|
|
|
|
|
|
-$26.64 |
$1.00 |
$1.08 |
$1.16 |
$1.16 |
$22.18 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Price H/L Median |
$17.88 |
$24.64 |
$20.27 |
$17.50 |
$16.95 |
$22.17 |
$24.31 |
$28.81 |
$29.11 |
$21.68 |
$21.80 |
$21.35 |
|
|
|
|
-13.37% |
<-Total Growth |
10 |
Stock Price |
|
|
|
|
|
|
|
| Increase |
-4.41% |
37.85% |
-17.74% |
-13.69% |
-3.12% |
30.77% |
9.65% |
18.54% |
1.02% |
-25.51% |
0.53% |
-2.06% |
|
|
|
|
-1.43% |
<-IRR #YR-> |
10 |
Stock Price |
|
|
|
|
|
|
|
| P/E |
10.90 |
19.71 |
18.10 |
13.88 |
19.26 |
21.95 |
110.48 |
18.83 |
24.67 |
24.09 |
21.80 |
16.29 |
|
|
|
|
-2.56% |
<-IRR #YR-> |
5 |
Stock Price |
|
|
|
|
|
|
|
| Trailing P/E |
17.88 |
15.02 |
16.22 |
15.62 |
13.45 |
25.19 |
24.06 |
130.95 |
19.02 |
18.37 |
24.22 |
21.35 |
|
|
|
|
3.10% |
<-IRR #YR-> |
10 |
Price and Div |
|
|
|
|
|
|
|
| Median 10, 5 Yrs |
D. per yr |
4.53% |
4.80% |
% Tot Ret |
145.94% |
214.52% |
|
Price Inc |
0.53% |
P/E: |
20.53 |
21.80 |
|
|
|
|
2.24% |
<-IRR #YR-> |
5 |
Price and Div |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$24.64 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$21.35 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$24.31 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$21.35 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$24.64 |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
$1.08 |
$1.16 |
$1.16 |
$22.51 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$24.31 |
$1.00 |
$1.08 |
$1.16 |
$1.16 |
$22.51 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| High Month |
|
|
|
|
Mar |
Dec |
Dec |
Nov |
Jun |
Jan |
Jan |
Oct |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Price High |
$22.55 |
$30.13 |
$23.85 |
$19.34 |
$18.65 |
$26.43 |
$26.71 |
$33.86 |
$37.21 |
$25.25 |
$23.98 |
$23.24 |
|
|
|
|
-22.87% |
<-Total Growth |
10 |
Stock Price |
|
|
|
|
|
|
|
| Increase |
-10.34% |
33.61% |
-20.84% |
-18.91% |
-3.57% |
41.72% |
1.06% |
26.77% |
9.89% |
-32.14% |
-5.03% |
-3.09% |
|
|
|
|
-2.56% |
<-IRR #YR-> |
10 |
Stock Price |
|
|
|
|
|
|
|
| P/E |
13.75 |
24.10 |
21.29 |
15.35 |
21.19 |
26.17 |
121.41 |
22.13 |
31.53 |
28.06 |
23.98 |
17.74 |
|
|
|
|
-2.74% |
<-IRR #YR-> |
5 |
Stock Price |
|
|
|
|
|
|
|
| Trailing P/E |
22.55 |
18.37 |
19.08 |
17.27 |
14.80 |
30.03 |
26.45 |
153.91 |
24.32 |
21.40 |
26.64 |
23.24 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Median 10, 5 Yrs |
|
|
|
|
|
|
|
Price Inc |
-3.09% |
P/E: |
23.06 |
23.98 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$30.13 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$23.24 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$26.71 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$23.24 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Low Month |
|
|
|
|
Aug |
Mar |
Mar |
Mar |
Oct |
Mar |
Jun |
Aug |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Price Low |
$13.20 |
$19.15 |
$16.69 |
$15.65 |
$15.25 |
$17.90 |
$21.90 |
$23.76 |
$21.00 |
$18.11 |
$19.61 |
$19.45 |
|
|
|
|
1.57% |
<-Total Growth |
10 |
Stock Price |
|
|
|
|
|
|
|
| Increase |
7.76% |
45.08% |
-12.85% |
-6.23% |
-2.56% |
17.38% |
22.35% |
8.49% |
-11.62% |
-13.76% |
8.28% |
-0.82% |
|
|
|
|
0.16% |
<-IRR #YR-> |
10 |
Stock Price |
|
|
|
|
|
|
|
| P/E |
8.05 |
15.32 |
14.90 |
12.42 |
17.33 |
17.72 |
99.55 |
15.53 |
17.80 |
20.12 |
19.61 |
14.85 |
|
|
|
|
-2.34% |
<-IRR #YR-> |
5 |
Stock Price |
|
|
|
|
|
|
|
| Trailing P/E |
13.20 |
11.68 |
13.35 |
13.97 |
12.10 |
20.34 |
21.68 |
108.00 |
13.73 |
15.35 |
21.79 |
19.45 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Median 10, 5 Yrs |
|
|
|
|
|
|
|
Price Inc |
-0.82% |
P/E: |
17.53 |
17.80 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$19.15 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$19.45 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$21.90 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$19.45 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Market Cap |
$3,709 |
$3,635 |
$2,905 |
$3,534 |
$3,504 |
$5,049 |
$5,392 |
$6,700 |
$4,893 |
$5,119 |
$4,659 |
$4,700 |
$3,998 |
$3,998 |
$3,998 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| # of Shares |
168.6 |
168.3 |
169.8 |
190.7 |
194.1 |
198.7 |
202.4 |
200.9 |
201.4 |
218.0 |
220.3 |
223.6 |
223.6 |
223.6 |
223.6 |
|
2.88% |
<-IRR #YR-> |
10 |
Shares |
|
|
|
|
|
|
|
| Increase |
-0.35% |
-0.18% |
0.89% |
12.31% |
1.78% |
2.37% |
1.86% |
-0.74% |
0.23% |
8.26% |
1.06% |
1.50% |
0.00% |
0.00% |
0.00% |
|
2.01% |
<-IRR #YR-> |
5 |
Shares |
|
|
|
|
|
|
|
| OCF |
$198.7 |
$715.6 |
$398.6 |
$526.9 |
$613.4 |
$619.4 |
$498.6 |
$847.2 |
$1,038.0 |
$580.0 |
$811.0 |
$694.0 |
$816.1 |
$825.1 |
|
|
-3.02% |
<-Total Growth |
10 |
Cash Flow |
|
|
|
|
|
|
|
| OPS |
$1.18 |
$4.25 |
$2.35 |
$2.76 |
$3.16 |
$3.12 |
$2.46 |
$4.22 |
$5.15 |
$2.66 |
$3.68 |
$3.10 |
$3.65 |
$3.69 |
|
|
-27.00% |
<-Total Growth |
10 |
Cash Flow |
|
|
|
|
|
|
|
| Increase |
-52.75% |
260.78% |
-44.79% |
17.70% |
14.38% |
-1.36% |
-20.97% |
71.18% |
22.24% |
-48.39% |
38.37% |
-15.69% |
17.60% |
1.10% |
|
|
6.51% |
<-Median-> |
10 |
Cash Flow |
|
|
|
|
|
|
|
| 5 yr running average |
$1.84 |
$2.72 |
$2.59 |
$2.64 |
$2.74 |
$3.13 |
$2.77 |
$3.14 |
$3.62 |
$3.52 |
$3.64 |
$3.76 |
$3.65 |
$3.36 |
|
|
38.61% |
<-Total Growth |
10 |
Cash Flow |
|
|
|
|
|
|
|
| Less Non-Cash CF |
$0.00 |
-$42.00 |
$111.10 |
$11.10 |
-$25.00 |
$32.30 |
$189.20 |
-$65.70 |
-$210.00 |
$149.00 |
-$28.00 |
$115.00 |
|
|
|
|
-3.10% |
<-IRR #YR-> |
10 |
Cash Flow |
|
|
|
|
|
|
|
| OPS non-cash |
$1.18 |
$4.00 |
$3.00 |
$2.82 |
$3.03 |
$3.28 |
$3.40 |
$3.89 |
$4.11 |
$3.34 |
$3.55 |
$3.62 |
$3.65 |
$3.69 |
|
|
4.73% |
<-IRR #YR-> |
5 |
Cash Flow |
|
|
|
|
|
|
|
| Increase |
|
239.61% |
-25.00% |
-6.02% |
7.45% |
8.19% |
3.61% |
14.47% |
5.70% |
-18.67% |
6.29% |
1.80% |
0.88% |
1.10% |
|
|
-1.00% |
<-IRR #YR-> |
10 |
CF - non cash |
|
|
|
|
|
|
|
| P/O on Cl |
18.67 |
5.40 |
5.70 |
6.57 |
5.95 |
7.75 |
7.84 |
8.57 |
5.91 |
7.02 |
5.95 |
5.81 |
4.90 |
4.85 |
|
|
1.26% |
<-IRR #YR-> |
5 |
CF - non cash |
|
|
|
|
|
|
|
| *Operational
Cash Flow per share |
|
|
|
|
|
P/CF |
10 yr |
6.26 |
5 yr |
5.95 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-168.30 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
223.60 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-202.40 |
0.00 |
0.00 |
0.00 |
0.00 |
223.60 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$4.25 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.10 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$2.46 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.10 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$4.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.62 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
-$3.40 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$3.62 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| OPM |
11.9% |
28.0% |
22.0% |
20.9% |
21.6% |
21.8% |
17.8% |
30.5% |
33.4% |
20.9% |
28.8% |
26.1% |
|
|
|
|
should be zero, it is a check
on calculations |
|
|
|
|
|
|
|
|
|
|
| Diff from Ave. |
-45.7% |
27.7% |
0.3% |
-4.5% |
-1.3% |
-0.3% |
-18.6% |
39.5% |
52.5% |
-4.4% |
31.4% |
19.0% |
|
|
|
|
0.00% |
<-Median-> |
10 |
OPM |
|
|
|
|
|
|
|
| *Operational
Profit Margin (CF/Revenue) Ratio |
|
|
|
|
OPM |
10 Yrs |
21.89% |
5 Yrs |
28.77% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Current Assets |
$1,803 |
$1,056 |
$1,012 |
$932 |
$997 |
$926 |
$897 |
$819 |
$913 |
$838 |
$838 |
$1,124 |
|
|
|
|
Liq ratio of 1.5 and up, best |
|
Assets |
|
|
|
|
|
|
|
| Current Liabilities |
$2,076 |
$1,438 |
$1,351 |
$913 |
$1,275 |
$1,141 |
$1,403 |
$1,503 |
$1,643 |
$843 |
$1,173 |
$1,191 |
|
|
|
|
0.77 |
<-Median-> |
10 |
Liabilities |
|
|
|
|
|
|
|
| Liquidity |
0.87 |
0.73 |
0.75 |
1.02 |
0.78 |
0.81 |
0.64 |
0.54 |
0.56 |
0.99 |
0.71 |
0.94 |
|
|
|
|
0.71 |
<-Median-> |
5 |
Ratio |
|
|
|
|
|
|
|
| Liq. with CF aft div |
0.88 |
1.11 |
0.92 |
1.39 |
1.11 |
1.18 |
0.85 |
0.97 |
1.06 |
1.38 |
1.19 |
1.31 |
|
|
|
|
1.19 |
<-Median-> |
5 |
Ratio |
|
|
|
|
|
|
|
| Liq. CF re Inv+Div |
0.80 |
0.64 |
0.89 |
1.01 |
1.06 |
0.97 |
0.72 |
0.77 |
0.78 |
0.48 |
0.74 |
0.86 |
|
|
|
|
0.77 |
<-Median-> |
5 |
Ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Assets |
$7,627 |
$7,878 |
$7,415 |
$8,482 |
$8,133 |
$7,741 |
$7,460 |
$7,179 |
$7,815 |
$9,762 |
$9,893 |
$9,760 |
|
|
|
|
A/L ratio of 1.5 and up, best |
|
Assets |
|
|
|
|
|
|
|
| Liabilities |
$5,003 |
$5,175 |
$4,608 |
$5,554 |
$5,044 |
$4,685 |
$4,597 |
$4,411 |
$4,836 |
$6,355 |
$6,341 |
$6,133 |
|
|
|
|
1.61 |
<-Median-> |
10 |
Liabilities |
|
|
|
|
|
|
|
| Debt Ratio |
1.52 |
1.52 |
1.61 |
1.53 |
1.61 |
1.65 |
1.62 |
1.63 |
1.62 |
1.54 |
1.56 |
1.59 |
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1.59 |
<-Median-> |
5 |
Ratio |
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| Non-controling Int |
$375 |
$281 |
$263 |
$478 |
$616 |
$559 |
$435 |
$469 |
$469 |
$478 |
$435 |
$358 |
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| Preferred shares |
$292 |
$453 |
$452 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
$293 |
$562 |
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| Book Value |
$1,957 |
$1,970 |
$2,092 |
$2,451 |
$2,473 |
$2,497 |
$2,428 |
$2,299 |
$2,510 |
$2,929 |
$2,824 |
$2,707 |
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|
37.43% |
<-Total Growth |
10 |
Book Value |
|
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| BV per share |
$11.61 |
$11.70 |
$12.32 |
$12.85 |
$12.74 |
$12.57 |
$12.00 |
$11.44 |
$12.46 |
$13.44 |
$12.82 |
$12.11 |
$12.11 |
$12.11 |
$12.11 |
|
3.44% |
<-Total Growth |
10 |
Book Value |
|
|
|
|
|
|
|
| Change |
7.01% |
0.81% |
5.28% |
4.29% |
-0.86% |
-1.36% |
-4.54% |
-4.62% |
8.95% |
7.79% |
-4.59% |
-5.56% |
0.00% |
0.00% |
0.00% |
|
0.8479 |
Current/Historical |
|
Book Value |
|
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| P/BV (CL) |
1.89 |
1.85 |
1.39 |
1.44 |
1.42 |
2.02 |
2.22 |
2.91 |
1.95 |
1.75 |
1.65 |
1.74 |
1.48 |
1.48 |
1.48 |
|
0.34% |
<-IRR #YR-> |
10 |
Book Value |
|
|
|
|
|
|
|
| Change |
45.29% |
-2.60% |
-24.76% |
3.84% |
-1.74% |
42.71% |
9.83% |
31.26% |
-33.12% |
-10.36% |
-5.59% |
5.23% |
-14.94% |
0.00% |
0.00% |
|
0.18% |
<-IRR #YR-> |
5 |
Book Value |
|
|
|
|
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|
|
| Leverage (A/BK) |
3.90 |
4.00 |
3.54 |
3.46 |
3.29 |
3.10 |
3.07 |
3.12 |
3.11 |
3.33 |
3.50 |
3.61 |
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|
3.31 |
<-Median-> |
10 |
Leverage |
|
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|
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| Debt/Equity Ratio |
2.56 |
2.63 |
2.20 |
2.27 |
2.04 |
1.88 |
1.89 |
1.92 |
1.93 |
2.17 |
2.25 |
2.27 |
|
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|
2.10 |
<-Median-> |
10 |
Debt/Eq Ratio |
|
|
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|
|
| Sharerholders
Equity (Assets less liabilities) |
|
|
|
|
|
P/BV |
10 yr Med |
1.74 |
5 yr Med |
1.75 |
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-$11.70 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$12.11 |
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-$12.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$12.11 |
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| ROE |
|
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|
6.9% |
1.9% |
13.3% |
21.6% |
8.4% |
8.3% |
1.3% |
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8.4% |
<-Median-> |
5 |
Compreh. Inc |
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| Comprehensive Inc |
|
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|
$172 |
$47 |
$306 |
$541 |
$246 |
$233 |
$36 |
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Compreh. Inc |
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8.4% |
8.4% |
8.4% |
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| ROE |
14.3% |
11.6% |
9.5% |
9.6% |
6.9% |
8.0% |
1.8% |
13.4% |
9.4% |
6.2% |
7.7% |
12.7% |
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ROE |
|
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|
| 5Yr Median |
11.4% |
11.5% |
11.4% |
9.6% |
9.6% |
9.5% |
8.0% |
8.0% |
8.0% |
8.0% |
7.7% |
9.4% |
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ROE |
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| Net Income |
$279.8 |
$228.8 |
$199.6 |
$234.2 |
$170.2 |
$198.8 |
$44.9 |
$308.8 |
$235 |
$181 |
$218 |
$343 |
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|
49.91% |
<-Total Growth |
10 |
Net Income |
|
|
|
|
|
|
|
| Oper C. F. |
$198.7 |
$715.6 |
$398.6 |
$526.9 |
$613.4 |
$619.4 |
$498.6 |
$847.2 |
$1,038 |
$580 |
$811 |
$694 |
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|
C F Statement |
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Oper C. F. |
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| Invest. C. F |
-$205.0 |
-$1,076.9 |
-$36.2 |
-$341.2 |
-$65.4 |
-$242.1 |
-$261.3 |
-$410.1 |
-$581 |
-$1,598 |
-$720 |
-$615 |
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|
C F Statement |
|
Invest. C. F |
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|
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|
|
|
| Total Accruals |
$286.1 |
$590.1 |
-$162.8 |
$48.5 |
-$377.8 |
-$178.5 |
-$192.4 |
-$128.3 |
-$222 |
$1,199 |
$127 |
$264 |
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Accruals |
|
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|
| Total Assets |
$7,627.1 |
$7,877.9 |
$7,414.9 |
$8,482.0 |
$8,133.0 |
$7,740.7 |
$7,460.1 |
$7,178.7 |
$7,815 |
$9,762 |
$9,893 |
$9,760 |
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|
Balance Sheet |
|
Assets |
|
|
|
|
|
|
|
| Accruals Ratio |
3.75% |
7.49% |
-2.20% |
0.57% |
-4.65% |
-2.31% |
-2.58% |
-1.79% |
-2.84% |
12.28% |
1.28% |
2.70% |
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Ratio |
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| Chge in Cl |
55.48% |
-1.82% |
-20.79% |
8.30% |
-2.59% |
40.78% |
4.84% |
25.19% |
-27.14% |
-3.37% |
-9.92% |
-0.61% |
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| Chge expected |
down |
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down |
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| What happened? |
up |
down |
down |
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| Fin. C. F |
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|
-$396.3 |
-$243.2 |
-$443.8 |
-$467 |
$1,053 |
-$113 |
-$67 |
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C F Statement |
|
Fin. C. F |
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| Total Accruals |
|
|
|
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|
$217.8 |
$50.8 |
$315.5 |
$245 |
$146 |
$240 |
$331 |
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Accruals |
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| Accruals Ratio |
|
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|
2.81% |
0.68% |
4.39% |
3.13% |
1.50% |
2.43% |
3.39% |
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Ratio |
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| Cash |
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|
$79.3 |
$65.6 |
$50.9 |
$50 |
$82 |
$58 |
$49 |
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| March 30,
2012. Last estimates I got were for
2011 and 2012 at $2681M and $2655M for Revenue, $1.12 and $1.31 for EPS and
$3.36 and $3.48 for CF. |
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| Transalta is
going through some tough times. Conclusion is until the company works through
its maintenance issues and power prices fully recover, we expect the dividend
to provide some support for the stock. |
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| Apr 06,
2010. Last time I looked I got
estimates for 2009 and 2010 of $.94 and $1.12 for earnings and $3.62 and
$3.60 and $3.93 for cash flow. |
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| Jan 5,
2010. Last time I looked this
estimates for 2010 and 2011 were $1.10 and $1.33. |
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| Apr 10, 2010,
In Jun I got 2009 and 2010 earnings of $1.35 and $1.65 and cash flow of $3.93
and $4.30 |
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| Jun 10,
2009. When I last looked at this stock
in Feb 2009, I got an EPS estimate of $1.54.
The estimate has been downgraded because of the move up of the
maintainance for Sundance Units 3.
However, earnings for 2010 is up. |
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| Feb 2009 AP
2008. I have made a reasonable return
on this stock. |
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| AP 2007. I
have made a reasonable return on this stock at about 9% IRR. Dividend finally increased in 2008. Everyone has a hold rating on this stock.
Lst 5 yrs Total Growth is 20%IRR. Keep
at present. |
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| This stock
gets a D both for value and growth on the Money Sence review. |
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| AP
2006. TD rates a hold (up from
reduced) based on what they expect to happen in 2007 and 2008, but gain only
of 2% Yield is lower than historical
low, so you would expect a lower price. |
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| Usually
provides a decent rate of return for an company that has electrical producing
plants. EPS could be better. |
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| 2006 Feb. TD recommends reduce. |
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| 2005. IRR including all dates, return is
8.34. Unsteady except for last couple
of year, then good. Keep for now. Doing what a utility stock should do. Get
about 3% from price increase and rest from dividends. |
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| 2004. What I do not like. Paid more dividend than earnings; Liquity
is not good; IRR's are not good. AP 2004 - IRR from 1987 to Apr 2005 is 7.95% |
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| 2003. However, I might be better off replacing
some of this with Pembina. Not doing
well. |
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| 2002. This is a utility stock. Usual rate of return and revenue is
8%. It is pretty stable. 2002 as a bad year. |
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| Increase in
shares seems to be mainly due to Dividend reinvestment and share purchase
plan. |
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| How they make
their money |
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| TransAlta is
a power generation and wholesale marketing company. TransAlta maintains a
low-to-moderate risk profile by operating a highly contracted portfolio of
assets in Canada, the United States |
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| and
Australia. TransAlta's focus is to efficiently operate our biomass,
geothermal, wind, hydro, natural gas and coal facilities in order to provide
our customers with a reliable, low-cost source of power. |
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| For most
ratios, lower is better when looking for a good stock price. However, there are exceptions such as for
yield and asset/liability ratios and here you want a higher ratios to
indicate a good stock price. |
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| Also, for
the Operational Profit Margin, a higher percentage is better. With the OPM, you should only compare
companies in similar industries. |
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| Copyright ©
2008 Website of SPBrunner. All rights reserved. |
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| 165
institutions own 50.3% |
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