More stocks to consider
Alternative stocks to TransAlta (TSX:TA)
These are the alternatives to TransAlta that fall within the same industry, Power Producers & Traders, or region, Canada.
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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:
Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".
Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".
Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.
Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.
(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).
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See TransAlta Performance
TransAlta stock research in summary
transalta.com
TransAlta shares are more expensive than other comparable stocks. They show below average growth, are riskily financed, and are poor value. We recommend evaluating whether the future of the company TransAlta is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.
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| Country |
Canada |
| Industry |
Power Producers & Traders |
| Index |
|
| Size class |
Large |
Large companies - similar industry as TransAlta
| Similar Stocks |
 VALUEVVV
|
 GROWTHVV
|
 SAFETYVV
|
 COMBINED
|
|
1. UGI (XL, US) Gas Utilities
|
|
1. UGI (XL, US) Gas Utilities
|
95
|
|
91
|
|
67
|
|
100
|
|
|
2. Capital Power (XL, CA) Power Producers & Traders
|
|
2. Capital Power (XL, CA) Power Producers & Traders
|
67
|
|
51
|
|
99
|
|
93
|
|
|
3. Hawaiian Electric Industries (XL, US) Electric Utilities
|
|
3. Hawaiian Electric Industries (XL, US) Electric Utilities
|
81
|
|
63
|
|
90
|
|
90
|
|
|
4. Atmos Energy (XL, US) Gas Utilities
|
|
4. Atmos Energy (XL, US) Gas Utilities
|
3
|
|
99
|
|
97
|
|
87
|
|
|
5. Evergy (XL, US) Electric Utilities
|
|
5. Evergy (XL, US) Electric Utilities
|
63
|
|
83
|
|
44
|
|
82
|
|
|
6. Consolidated Edison (XXL, US) Multi-Utilities
|
|
6. Consolidated Edison (XXL, US) Multi-Utilities
|
43
|
|
57
|
|
92
|
|
82
|
|
|
7. Brookfield Renewable (XL, CA) Renewable Electricity
|
|
7. Brookfield Renewable (XL, CA) Renewable Electricity
|
65
|
|
93
|
|
28
|
|
80
|
|
|
8. ATCO (XL, CA) Multi-Utilities
|
|
8. ATCO (XL, CA) Multi-Utilities
|
95
|
|
11
|
|
73
|
|
79
|
|
|
9. Public Service Enterprise (XL, US) Multi-Utilities
|
|
9. Public Service Enterprise (XL, US) Multi-Utilities
|
33
|
|
71
|
|
73
|
|
77
|
|
|
10. Edison (XXL, US) Electric Utilities
|
|
10. Edison (XXL, US) Electric Utilities
|
97
|
|
49
|
|
32
|
|
74
|
|
May 15, 2025
Why popular stocks have low ratings
It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.
Large companies - similar region as TransAlta
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. Russel Metals (XL, CA) Trading & Distribution
|
|
1. Russel Metals (XL, CA) Trading & Distribution
|
89
|
|
51
|
|
93
|
|
100
|
|
|
2. Methanex (XL, CA) Commodity Chemicals
|
|
2. Methanex (XL, CA) Commodity Chemicals
|
94
|
|
59
|
|
73
|
|
100
|
|
|
3. West Fraser (XL, CA) Forest Products
|
|
3. West Fraser (XL, CA) Forest Products
|
62
|
|
100
|
|
92
|
|
100
|
|
|
4. Fairfax (XXL, CA) Property & Casualty Insurance
|
|
4. Fairfax (XXL, CA) Property & Casualty Insurance
|
73
|
|
63
|
|
65
|
|
96
|
|
|
5. Linamar (XL, CA) Auto Parts & Equipment
|
|
5. Linamar (XL, CA) Auto Parts & Equipment
|
83
|
|
55
|
|
96
|
|
96
|
|
|
6. Canfor (XL, CA) Forest Products
|
|
6. Canfor (XL, CA) Forest Products
|
55
|
|
95
|
|
58
|
|
94
|
|
|
7. Barrick Gold (XL, CA) Gold Production
|
|
7. Barrick Gold (XL, CA) Gold Production
|
84
|
|
77
|
|
72
|
|
94
|
|
|
8. Capital Power (XL, CA) Power Producers & Traders
|
|
8. Capital Power (XL, CA) Power Producers & Traders
|
67
|
|
51
|
|
99
|
|
93
|
|
|
9. Manulife Financial (XXL, CA) Life & Health Insurance
|
|
9. Manulife Financial (XXL, CA) Life & Health Insurance
|
61
|
|
33
|
|
100
|
|
91
|
|
|
10. Colliers International Group (XL, CA) Real Estate Services
|
|
10. Colliers International Group (XL, CA) Real Estate Services
|
76
|
|
50
|
|
90
|
|
90
|
|
May 15, 2025
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Mid sized companies - similar industry as TransAlta
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. Portland General Electric (L, US) Electric Utilities
|
|
1. Portland General Electric (L, US) Electric Utilities
|
97
|
|
41
|
|
91
|
|
100
|
|
|
2. National Fuel Gas (L, US) Gas Utilities
|
|
2. National Fuel Gas (L, US) Gas Utilities
|
49
|
|
100
|
|
81
|
|
99
|
|
|
3. Clearway Energy (L, US) Renewable Electricity
|
|
3. Clearway Energy (L, US) Renewable Electricity
|
57
|
|
100
|
|
66
|
|
98
|
|
|
4. IDACORP (L, US) Electric Utilities
|
|
4. IDACORP (L, US) Electric Utilities
|
35
|
|
95
|
|
90
|
|
94
|
|
|
5. NorthWestern (L, US) Multi-Utilities
|
|
5. NorthWestern (L, US) Multi-Utilities
|
83
|
|
49
|
|
88
|
|
94
|
|
|
6. NW Natural (L, US) Gas Utilities
|
|
6. NW Natural (L, US) Gas Utilities
|
85
|
|
81
|
|
47
|
|
93
|
|
|
7. ALLETE (L, US) Electric Utilities
|
|
7. ALLETE (L, US) Electric Utilities
|
77
|
|
59
|
|
78
|
|
90
|
|
|
8. Black Hills (L, US) Multi-Utilities
|
|
8. Black Hills (L, US) Multi-Utilities
|
83
|
|
43
|
|
84
|
|
88
|
|
|
9. ONE Gas (L, US) Gas Utilities
|
|
9. ONE Gas (L, US) Gas Utilities
|
57
|
|
73
|
|
69
|
|
85
|
|
|
10. Avista (L, US) Multi-Utilities
|
|
10. Avista (L, US) Multi-Utilities
|
85
|
|
53
|
|
58
|
|
84
|
|
May 15, 2025
Mid sized companies - similar region as TransAlta
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. Mullen (L, CA) Trucking
|
|
1. Mullen (L, CA) Trucking
|
94
|
|
87
|
|
75
|
|
100
|
|
|
2. Parex Resources (L, CA) Oil & Gas Production
|
|
2. Parex Resources (L, CA) Oil & Gas Production
|
92
|
|
36
|
|
100
|
|
100
|
|
|
3. SSR Mining (L, CA) Gold Production
|
|
3. SSR Mining (L, CA) Gold Production
|
88
|
|
100
|
|
88
|
|
100
|
|
|
4. Magellan Aerospace (M, CA) Aerospace & Defense
|
|
4. Magellan Aerospace (M, CA) Aerospace & Defense
|
93
|
|
95
|
|
98
|
|
100
|
|
|
5. Lightspeed Commerce (L, CA) Application Software
|
|
5. Lightspeed Commerce (L, CA) Application Software
|
76
|
|
89
|
|
78
|
|
100
|
|
|
6. Enghouse Systems (M, CA) Application Software
|
|
6. Enghouse Systems (M, CA) Application Software
|
99
|
|
23
|
|
95
|
|
100
|
|
|
7. Exchange Income (L, CA) Airlines
|
|
7. Exchange Income (L, CA) Airlines
|
68
|
|
99
|
|
55
|
|
98
|
|
|
8. Kelt Exploration (M, CA) Oil & Gas Production
|
|
8. Kelt Exploration (M, CA) Oil & Gas Production
|
50
|
|
80
|
|
86
|
|
98
|
|
|
9. Lassonde (L, CA) Packaged Foods & Meats
|
|
9. Lassonde (L, CA) Packaged Foods & Meats
|
82
|
|
75
|
|
75
|
|
98
|
|
|
10. Winpak (L, CA) Metal & Glass Containers
|
|
10. Winpak (L, CA) Metal & Glass Containers
|
42
|
|
85
|
|
100
|
|
98
|
|
May 15, 2025
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