TransnationalNSA:TRCNP +3.62%87 Interest Coverage is 21.50 as of Mar. 2026, which is 546% above its 10-year median of 3.33. 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 320 Utilities - Independent Power Producers companies, Transnational ranks better than 87.19% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Transnational's
Operating Income
for the
three
months ended in Mar. 2026 was ₦52,614 Mil. Transnational's Interest Expense for the
three
months ended in Mar. 2026 was ₦-2,447 Mil.
Transnational's interest coverage for the quarter that ended in Mar. 2026 was 21.50.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Transnational's Interest Coverage or its related term are showing as below:
NSA:TRCNP'
s Interest Coverage Range Over the Past 10 Years
Min: 1.21 Med: 3.33 Max: 12.99
Current: 12.99
NSA:TRCNP's Interest Coverage is ranked better than 87.19% of 320
companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.915
vs NSA:TRCNP: 12.99
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Transnational Interest Coverage Related Terms
Transnational Interest Coverage Historical Data
* Premium members only.
The historical data trend for Transnational's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSA:TRCNP vs CEG, VST, NRG: Interest Coverage Comparison
For the Utilities - Independent Power Producers subindustry, Transnational's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Transnational's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Transnational's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (NSA:TRCNP) has a Interest Coverage of 21.50 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Transnational and its competitors. This is 546% above median its historical median of 3.33. Over the past decade, Transnational's Interest Coverage has ranged from 1.21 to 12.99. According to the industry distribution chart, Transnational ranks #41 out of 320 companies in the Utilities - Independent Power Producers industry, placing it in the top 12.8%.
Is Transnational's Interest Coverage too high?
Transnational's current Interest Coverage of 21.50 is 546% above median its 10-year median of 3.33. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 12.99. The Utilities - Independent Power Producers industry median Interest Coverage is 2.92. Transnational's value of 21.50 is 637.6% above this industry median. Based on the distribution chart, Transnational ranks #41 out of 320 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. 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 Interest Coverage compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Transnational ranks #41 out of 320 companies for Interest Coverage. This places Transnational in the top 13% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 2.92. Transnational's value of 21.50 is 637.6% above this benchmark. Historically, Transnational's own Interest Coverage has ranged from 1.21 to 12.99 over the past decade. While the company's 10-year median is 3.33 vs. the industry median of 2.92, 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 Interest Coverage for an Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.92, based on 320 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transnational's current Interest Coverage of 21.50 is 637.6% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Transnational and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transnational's current Interest Coverage is 21.50, which is 546% above median its own 10-year median of 3.33. 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 Interest Coverage is 21.50, which is 546% above median its 10-year median of 3.33 and 637.6% above the Utilities - Independent Power Producers industry median of 2.92. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Transnational (NSA:TRCNP), the current Interest Coverage is 21.50 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:
Interest Coverage: 21.50 (546% above median its 10-year median of 3.33)
GF Value™: ₦89.08 vs. price of ₦41.50 (53.4% below fair value)
Industry Position: 637.6% above the Utilities - Independent Power Producers median (#41 of 320)
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 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
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