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Transnational's Operating Income for the
three
months ended in Mar. 2026 was ₦52,614 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₦188,727 Mil.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Transnational's annualizedROC % for the quarter that ended in Mar. 2026 was 26.18%.
Transnational's annualizedROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 50.36%.
Transnational (NSA:TRCNP) Operating Income Explanation
1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Transnational's annualizedROC % for the quarter that ended in Mar. 2026 is calculated as:
* 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.
4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.
Be Aware
Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Transnational Operating Income Related Terms
Transnational Operating Income Historical Data
* Premium members only.
The historical data trend for Transnational's Operating Income 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.
Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.
Operating Income 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 ₦188,727 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.
What does a Operating Income of ₦188,727 Mil mean?
Transnational (NSA:TRCNP) has a Operating Income of ₦188,727 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Transnational and its competitors.
Is Transnational's Operating Income too high?
Transnational's current Operating Income is ₦188,727 Mil. Overall, Transnational has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transnational's Operating Income compare to CEG and VST?
Transnational's Operating Income of ₦188,727 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 Operating Income for an Utilities - Independent Power Producers company?
A good Operating Income depends on the Utilities - Independent Power Producers industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Transnational and its competitors. Transnational's current Operating Income is ₦188,727 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 ₦72.67, compared to a current price of ₦39.05 — trading 46.3% below its estimated fair value. The current Operating Income is ₦188,727 Mil. Transnational's overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Transnational (NSA:TRCNP), the current Operating Income is ₦188,727 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 ₦39.05 is trading 46.3% below its estimated GF Value™ of ₦72.67.
GuruFocus considers Transnational to be Significantly Undervalued.
Key valuation signals for NSA:TRCNP:
Operating Income: ₦188,727 Mil
GF Value™: ₦72.67 vs. price of ₦39.05 (46.3% below fair value)
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.
90GF Score
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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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