Transnational (NSA:TRCNP) Construction In Progress: ₦22,718 Mil (As of Mar. 2026)


NSA:TRCNP Transnational Corp PLC NSA:TRCNP
87 GF Score
Price ₦41.50
GF Value ₦89.08
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Transnational Construction In Progress?

Transnational NSA:TRCNP +3.62% 87 Construction In Progress is ₦22,718 Mil as of Mar. 2026. GuruFocus rates NSA:TRCNP with a GF Score™ of 87/100 and a GF Value™ of ₦89.08 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Transnational's quarterly construction in progress declined from Sep. 2025 (₦37,491 Mil) to Dec. 2025 (₦25,243 Mil) and declined from Dec. 2025 (₦25,243 Mil) to Mar. 2026 (₦22,718 Mil).

Transnational's annual construction in progress increased from Dec. 2023 (₦25,835 Mil) to Dec. 2024 (₦41,131 Mil) but then declined from Dec. 2024 (₦41,131 Mil) to Dec. 2025 (₦25,243 Mil).

Transnational Construction In Progress Historical Data

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The historical data trend for Transnational's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Transnational Construction In Progress Chart

Transnational Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,291.76 26,162.24 25,835.32 41,131.43 25,242.57

Transnational Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37,213.09 36,465.77 37,491.20 25,242.57 22,717.98
NSA:TRCNP
87GF Score
Transnational Corp PLC NSA:TRCNP
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Transnational Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ₦22,718 Mil mean?
Transnational (NSA:TRCNP) has a Construction In Progress of ₦22,718 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Transnational and its competitors.
Is Transnational's Construction In Progress too high?
Transnational's current Construction In Progress is ₦22,718 Mil. Overall, Transnational has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transnational's Construction In Progress compare to CEG and VST?
Transnational's Construction In Progress of ₦22,718 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Utilities - Independent Power Producers company?
A good Construction In Progress depends on the Utilities - Independent Power Producers industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Transnational and its competitors. Transnational's current Construction In Progress is ₦22,718 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transnational stock overvalued right now?
Based on GuruFocus' analysis, Transnational (NSA:TRCNP) is currently considered Significantly Undervalued. The stock's GF Value™ is ₦89.08, compared to a current price of ₦41.50 — trading 53.4% below its estimated fair value. The current Construction In Progress is ₦22,718 Mil. Transnational's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Transnational (NSA:TRCNP), the current Construction In Progress is ₦22,718 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Transnational (NSA:TRCNP) Overvalued in 2026?

Based on GuruFocus' analysis, Transnational stock appears to be undervalued. The current stock price of ₦41.50 is trading 53.4% below its estimated GF Value™ of ₦89.08. GuruFocus considers Transnational to be Significantly Undervalued.

Key valuation signals for NSA:TRCNP:

  • Construction In Progress: ₦22,718 Mil
  • GF Value™: ₦89.08 vs. price of ₦41.50 (53.4% below fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the NSA:TRCNP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Transnational Business Description

Address 38b Glover Road, Transnational House, Ikoyi, Lagos, NGA
Transnational Corp PLC is a diversified conglomerate. Its business segments are Power, Oil and Gas, Hospitality, Corporate Centre, and Agro-allied. The group generates the majority of the revenue from the Power segment. In the Power segment, the company through its subsidiary, is engaged in the generation of electric power. The group provides hospitality services to the customers in the Hospitality segment. Oil and Gas segment includes exploration, refining, and marketing of petroleum products, and in the Agro-Allied segment, the group processes fruit concentrates from fruits. The Corporate Centre segment is the parent Company, Transnational Corporation of Nigeria Plc, and the other non-operational subsidiaries.
87GF Score

Get the complete analysis for NSA:TRCNP

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦41.50
Price
₦89.08
GF Value