Transnational (NSA:TRCNP) Intangible Assets: ₦33,597 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:TRCNP Transnational Corp PLC NSA:TRCNP
84 GF Score
Price ₦37.00
GF Value ₦68.63
Valuation Possible Value Trap
! 3 Warning Signs
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What is Transnational Intangible Assets?

Transnational NSA:TRCNP 84 Intangible Assets is ₦33,597 Mil as of Jun. 2026. GuruFocus rates NSA:TRCNP with a GF Score™ of 84/100 and a GF Value™ of ₦68.63 (Possible Value Trap). The stock has 3 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Transnational's intangible assets for the quarter that ended in Jun. 2026 was ₦33,597 Mil.


Transnational  (NSA:TRCNP) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Transnational Intangible Assets Related Terms


Transnational Intangible Assets Historical Data

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The historical data trend for Transnational's Intangible Assets 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 Intangible Assets Chart

Transnational Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36,168.57 36,218.40 29,142.68 34,914.28 29,229.75

Transnational Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intangible Assets 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 34,208.55 34,205.79 29,229.75 33,614.63 33,597.16
NSA:TRCNP
84GF Score
Transnational Corp PLC NSA:TRCNP
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transnational Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of ₦33,597 Mil mean?
Transnational (NSA:TRCNP) has a Intangible Assets of ₦33,597 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Transnational and its competitors.
Is Transnational's Intangible Assets too high?
Transnational's current Intangible Assets is ₦33,597 Mil. Overall, Transnational has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Transnational's Intangible Assets compare to CEG and VST?
Transnational's Intangible Assets of ₦33,597 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 Intangible Assets for an Utilities - Independent Power Producers company?
A good Intangible Assets depends on the Utilities - Independent Power Producers industry context. However, Intangible Assets 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 Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Transnational and its competitors. Transnational's current Intangible Assets is ₦33,597 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 Possible Value Trap. The stock's GF Value™ is ₦68.63, compared to a current price of ₦37.00 — trading 46.1% below its estimated fair value. The current Intangible Assets is ₦33,597 Mil. Transnational's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Transnational (NSA:TRCNP), the current Intangible Assets is ₦33,597 Mil as of Jun. 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 46.1% below its estimated GF Value™ of ₦68.63. GuruFocus considers Transnational to be Possible Value Trap.

Key valuation signals for NSA:TRCNP:

  • Intangible Assets: ₦33,597 Mil
  • GF Value™: ₦68.63 vs. price of ₦37.00 (46.1% below fair value)
  • GF Score™: 84/100 with 3 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.
84GF Score

Get the complete analysis for NSA:TRCNP

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

₦37.00
Price
₦68.63
GF Value