Transnational (NSA:TRCNP) Gross Margin %: 56.40% (As of Mar. 2026) — 16% Above Median


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 Gross Margin %?

Transnational NSA:TRCNP +3.62% 87 Gross Margin % is 56.40% as of Mar. 2026, which is 16% above its 10-year median of 48.58. 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. Among 403 Utilities - Independent Power Producers companies, Transnational ranks better than 73.45% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Transnational's Gross Profit for the three months ended in Mar. 2026 was ₦70,583 Mil. Transnational's Revenue for the three months ended in Mar. 2026 was ₦125,139 Mil. Therefore, Transnational's Gross Margin % for the quarter that ended in Mar. 2026 was 56.40%.


The historical rank and industry rank for Transnational's Gross Margin % or its related term are showing as below:

NSA:TRCNP' s Gross Margin % Range Over the Past 10 Years
Min: 43.8   Med: 48.58   Max: 55.41
Current: 51.72


During the past 13 years, the highest Gross Margin % of Transnational was 55.41%. The lowest was 43.80%. And the median was 48.58%.

NSA:TRCNP's Gross Margin % is ranked better than
73.45% of 403 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.35 vs NSA:TRCNP: 51.72

Transnational had a gross margin of 56.40% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Transnational was 2.20% per year.


Transnational  (NSA:TRCNP) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Transnational had a gross margin of 56.40% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Transnational Gross Margin % Related Terms


Transnational Gross Margin % Historical Data

* Premium members only.

The historical data trend for Transnational's Gross Margin % 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 Gross Margin % Chart

Transnational Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.25 49.18 55.41 47.97 50.46

Transnational Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 51.01 42.37 49.10 59.64 56.40

NSA:TRCNP vs CEG, VST, NRG: Gross Margin % Comparison

For the Utilities - Independent Power Producers subindustry, Transnational's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Transnational's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Transnational's Gross Margin % falls into.


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

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Transnational's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=274549.7 / 544140.613
=(Revenue - Cost of Goods Sold) / Revenue
=(544140.613 - 269590.942) / 544140.613
=50.46 %

Transnational's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=70583.5 / 125138.942
=(Revenue - Cost of Goods Sold) / Revenue
=(125138.942 - 54555.488) / 125138.942
=56.40 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 56.40% mean?
Transnational (NSA:TRCNP) has a Gross Margin % of 56.40% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Transnational and its competitors. This is 16% above median its historical median of 48.58. Over the past decade, Transnational's Gross Margin % has ranged from 43.80 to 55.41. According to the industry distribution chart, Transnational ranks #107 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 26.6%.
Is Transnational's Gross Margin % too high?
Transnational's current Gross Margin % of 56.40% is 16% above median its 10-year median of 48.58. Over the past 10 years, this metric has ranged from a low of 43.80 to a high of 55.41. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. Transnational's value of 56.40% is 79.9% above this industry median. Based on the distribution chart, Transnational ranks #107 out of 403 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. 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 Gross Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Transnational ranks #107 out of 403 companies for Gross Margin %. This puts Transnational in the upper half of its industry. The industry median Gross Margin % is 31.35. Transnational's value of 56.40% is 79.9% above this benchmark. Historically, Transnational's own Gross Margin % has ranged from 43.80 to 55.41 over the past decade. While the company's 10-year median is 48.58 vs. the industry median of 31.35, 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 Gross Margin % for an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transnational's current Gross Margin % of 56.40% is 79.9% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Transnational and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transnational's current Gross Margin % is 56.40%, which is 16% above median its own 10-year median of 48.58. 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 Gross Margin % is 56.40%, which is 16% above median its 10-year median of 48.58 and 79.9% above the Utilities - Independent Power Producers industry median of 31.35. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Transnational (NSA:TRCNP), the current Gross Margin % is 56.40% 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:

  • Gross Margin %: 56.40% (16% above median its 10-year median of 48.58)
  • GF Value™: ₦89.08 vs. price of ₦41.50 (53.4% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 79.9% above the Utilities - Independent Power Producers median (#107 of 403)

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

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

₦41.50
Price
₦89.08
GF Value