Transnational (NSA:TRCNP) EV-to-FCF: 18.77 (As of Sep. 07, 2026) — 68% Above Median

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NSA:TRCNP Transnational Corp PLC NSA:TRCNP
81 GF Score
Price ₦37.00
GF Value ₦70.31
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Transnational EV-to-FCF?

Transnational NSA:TRCNP 81 EV-to-FCF is 18.77 as of Sep. 07, 2026, which is 68% above its 10-year median of 11.20. GuruFocus rates NSA:TRCNP with a GF Score™ of 81/100 and a GF Value™ of ₦70.31 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 233 Utilities - Independent Power Producers companies, Transnational ranks worse than 54.08% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Transnational's Enterprise Value is ₦599,808 Mil. Transnational's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was ₦31,957 Mil. Therefore, Transnational's EV-to-FCF for today is 18.77.

The historical rank and industry rank for Transnational's EV-to-FCF or its related term are showing as below:

NSA:TRCNP' s EV-to-FCF Range Over the Past 10 Years
Min: -41.86   Med: 11.2   Max: 60.93
Current: 18.77

During the past 13 years, the highest EV-to-FCF of Transnational was 60.93. The lowest was -41.86. And the median was 11.20.

NSA:TRCNP's EV-to-FCF is ranked worse than
54.08% of 233 companies
in the Utilities - Independent Power Producers industry
Industry Median: 16.62 vs NSA:TRCNP: 18.77

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-09-07), Transnational's stock price is ₦37.00. Transnational's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₦7.590. Therefore, Transnational's PE Ratio (TTM) for today is 4.87.


Transnational  (NSA:TRCNP) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Transnational's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=37.00/7.590
=4.87

Transnational's share price for today is ₦37.00.
Transnational's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦7.590.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Transnational EV-to-FCF Related Terms


Transnational EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Transnational's EV-to-FCF 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 EV-to-FCF Chart

Transnational Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.33 9.69 12.72 12.73 36.20

Transnational Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-FCF 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 58.11 28.05 36.20 6.39 20.20

NSA:TRCNP vs CEG, VST, NRG: EV-to-FCF Comparison

For the Utilities - Independent Power Producers subindustry, Transnational's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Utilities - Independent Power Producers Industry

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

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


NSA:TRCNP
81GF Score
Transnational Corp PLC NSA:TRCNP
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transnational EV-to-FCF Calculation

Transnational's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=599807.892/31956.509
=18.77

Transnational's current Enterprise Value is ₦599,808 Mil.
Transnational's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦31,957 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 EV-to-FCF →
What does a EV-to-FCF of 18.77 mean?
Transnational (NSA:TRCNP) has a EV-to-FCF of 18.77 as of Sep. 07, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Transnational and its competitors. This is 68% above median its historical median of 11.20. According to the industry distribution chart, Transnational ranks #126 out of 233 companies in the Utilities - Independent Power Producers industry, placing it in the top 54.1%.
Is Transnational's EV-to-FCF too high?
Transnational's current EV-to-FCF of 18.77 is 68% above median its 10-year median of 11.20. The Utilities - Independent Power Producers industry median EV-to-FCF is 16.62. Transnational's value of 18.77 is 12.9% above this industry median. Based on the distribution chart, Transnational ranks #126 out of 233 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Transnational has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Transnational's EV-to-FCF compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Transnational ranks #126 out of 233 companies for EV-to-FCF. This places Transnational in the lower half of its industry. The industry median EV-to-FCF is 16.62. Transnational's value of 18.77 is 12.9% above this benchmark. While the company's 10-year median is 11.20 vs. the industry median of 16.62, Transnational has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Utilities - Independent Power Producers company?
The median EV-to-FCF among Utilities - Independent Power Producers companies is 16.62, based on 233 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transnational's current EV-to-FCF of 18.77 is 12.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Transnational and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-FCF is 16.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transnational's current EV-to-FCF is 18.77, which is 68% above median its own 10-year median of 11.20. 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 Possible Value Trap. The stock's GF Value™ is ₦70.31, compared to a current price of ₦37.00 — trading 47.4% below its estimated fair value. The current EV-to-FCF is 18.77, which is 68% above median its 10-year median of 11.20 and 12.9% above the Utilities - Independent Power Producers industry median of 16.62. Transnational's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Transnational (NSA:TRCNP), the current EV-to-FCF is 18.77 as of Sep. 07, 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 ₦37.00 is trading 47.4% below its estimated GF Value™ of ₦70.31. GuruFocus considers Transnational to be Possible Value Trap.

Key valuation signals for NSA:TRCNP:

  • EV-to-FCF: 18.77 (68% above median its 10-year median of 11.20)
  • GF Value™: ₦70.31 vs. price of ₦37.00 (47.4% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 12.9% above the Utilities - Independent Power Producers median (#126 of 233)

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.
81GF Score

Get the complete analysis for NSA:TRCNP

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

₦37.00
Price
₦70.31
GF Value