Transnational (NSA:TRCNP) EBIT: ₦189,297 Mil (TTM As of Mar. 2026)


NSA:TRCNP Transnational Corp PLC NSA:TRCNP
87 GF Score
Price ₦40.05
GF Value ₦89.08
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Transnational EBIT?

Transnational NSA:TRCNP -6.86% 87 EBIT is ₦189,297 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 earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₦53,115 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₦189,297 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Transnational's annualized ROC % for the quarter that ended in Mar. 2026 was 26.18%. Transnational's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 50.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Transnational's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.55%.


Transnational  (NSA:TRCNP) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Transnational's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=210454.112 * ( 1 - 25.21% )/( (554563.467 + 647669.067)/ 2 )
=157398.6303648/601116.267
=26.18 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1002342.622 - 425894.203 - ( 21884.952 - max(0, 502450.08 - 571222.777+21884.952))
=554563.467

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1079377.519 - 400288.773 - ( 31419.679 - max(0, 517285.104 - 640899.636+31419.679))
=647669.067

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Transnational's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=212461.308/( ( (324276.774 + max(87167.894, 0)) + (322851.857 + max(109550.975, 0)) )/ 2 )
=212461.308/( ( 411444.668 + 432402.832 )/ 2 )
=212461.308/421923.75
=50.36 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(542098.681 + 5809.095 + 1430.049) - (425894.203 + 0 + 36275.728)
=87167.894

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(598050.595 + 7115.815 + 4313.5470000001) - (400288.773 + 0 + 99640.209)
=109550.975

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Transnational's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=189296.52/599927.696
=31.55 %

* 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 EBIT Related Terms


Transnational EBIT Historical Data

* Premium members only.

The historical data trend for Transnational's EBIT 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 EBIT Chart

Transnational Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40,323.16 42,793.79 75,134.47 155,201.07 198,102.54

Transnational Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 56,213.97 37,648.63 44,608.27 53,924.30 53,115.33

NSA:TRCNP vs CEG, VST, NRG: EBIT Comparison

For the Utilities - Independent Power Producers subindustry, Transnational's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Transnational EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Transnational's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Transnational's EV-to-EBIT falls into.


NSA:TRCNP
87GF Score
Transnational Corp PLC NSA:TRCNP
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Transnational EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦189,297 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₦189,297 Mil mean?
Transnational (NSA:TRCNP) has a EBIT of ₦189,297 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Transnational.
Is Transnational's EBIT too high?
Transnational's current EBIT is ₦189,297 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 EBIT compare to CEG and VST?
Transnational's EBIT of ₦189,297 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 EBIT for an Utilities - Independent Power Producers company?
A good EBIT depends on the Utilities - Independent Power Producers industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Transnational. Transnational's current EBIT is ₦189,297 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 ₦40.05 — trading 55% below its estimated fair value. The current EBIT is ₦189,297 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 EBIT calculated?
EBIT is calculated from a company's financial statements. For Transnational (NSA:TRCNP), the current EBIT is ₦189,297 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 ₦40.05 is trading 55% below its estimated GF Value™ of ₦89.08. GuruFocus considers Transnational to be Significantly Undervalued.

Key valuation signals for NSA:TRCNP:

  • EBIT: ₦189,297 Mil
  • GF Value™: ₦89.08 vs. price of ₦40.05 (55% 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

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

₦40.05
Price
₦89.08
GF Value