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Transcorp PowerNSA:TRANSPOWER 29 Return-on-Tangible-Asset is 20.52% as of Mar. 2026, which is 6% above its 10-year median of 19.43. GuruFocus rates NSA:TRANSPOWER with a GF Score™ of 29/100. The stock has 1 warning sign investors should review. Among 508 Utilities - Regulated companies, Transcorp Power ranks better than 95.47% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Transcorp Power's annualizedNet Income for the quarter that ended in Mar. 2026 was ₦118,781 Mil. Transcorp Power's average total tangible assets for the quarter that ended in Mar. 2026 was ₦578,747 Mil. Therefore, Transcorp Power's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 20.52%.
The historical rank and industry rank for Transcorp Power's Return-on-Tangible-Asset or its related term are showing as below:
NSA:TRANSPOWER'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 14.15 Med: 19.43 Max: 26.64
Current: 16.72
During the past 3 years, Transcorp Power's highest Return-on-Tangible-Asset was 26.64%. The lowest was 14.15%. And the median was 19.43%.
NSA:TRANSPOWER's Return-on-Tangible-Asset is ranked better than 95.47% of 508
companies
in the Utilities - Regulated industry
Industry Median: 3.375
vs NSA:TRANSPOWER: 16.72
Transcorp Power (NSA:TRANSPOWER) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Transcorp Power Return-on-Tangible-Asset Related Terms
Transcorp Power Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Transcorp Power's Return-on-Tangible-Asset 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.
NSA:TRANSPOWER vs NEE, SO, DUK: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Electric subindustry, Transcorp Power's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Transcorp Power Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Transcorp Power's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Transcorp Power's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 20.52% mean?
Transcorp Power (NSA:TRANSPOWER) has a Return-on-Tangible-Asset of 20.52% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Transcorp Power and its competitors. This is near median its historical median of 19.43. Over the past decade, Transcorp Power's Return-on-Tangible-Asset has ranged from 14.15 to 26.64. According to the industry distribution chart, Transcorp Power ranks #23 out of 508 companies in the Utilities - Regulated industry, placing it in the top 4.5%.
Is Transcorp Power's Return-on-Tangible-Asset too high?
Transcorp Power's current Return-on-Tangible-Asset of 20.52% is near median its 10-year median of 19.43. Over the past 10 years, this metric has ranged from a low of 14.15 to a high of 26.64. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.38. Transcorp Power's value of 20.52% is 508% above this industry median. Based on the distribution chart, Transcorp Power ranks #23 out of 508 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Transcorp Power has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Transcorp Power's Return-on-Tangible-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Transcorp Power ranks #23 out of 508 companies for Return-on-Tangible-Asset. This places Transcorp Power in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.38. Transcorp Power's value of 20.52% is 508% above this benchmark. Historically, Transcorp Power's own Return-on-Tangible-Asset has ranged from 14.15 to 26.64 over the past decade. While the company's 10-year median is 19.43 vs. the industry median of 3.38, Transcorp Power 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 Return-on-Tangible-Asset for an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.38, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transcorp Power's current Return-on-Tangible-Asset of 20.52% is 508% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Transcorp Power and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transcorp Power's current Return-on-Tangible-Asset is 20.52%, which is near median its own 10-year median of 19.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transcorp Power stock overvalued right now?
Transcorp Power (NSA:TRANSPOWER) has a current Return-on-Tangible-Asset of 20.52%. The current Return-on-Tangible-Asset is 20.52%, which is near median its 10-year median of 19.43 and 508% above the Utilities - Regulated industry median of 3.38. Transcorp Power's overall GF Score™ is 29/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Transcorp Power (NSA:TRANSPOWER), the current Return-on-Tangible-Asset is 20.52% 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.
Transcorp Power PLC is engaged in power sector in Nigeria. It is a gas-fired open cycle thermal power plant located in Ughelli. It is fossil-fuel-based power-generating station in the country. The plant has an installed capacity of 972 MW and can generate 2,500 GWh of electricity annually. Transcorp power plant uses natural gas supplied by Nigeria, Nigeria Gas Infrastructure Company (NGIC) as the primary fuel for power generation. The Company has two operating segments: International - this segment is responsible for the sale of electric power to customers outside Nigeria and Local - this segment is responsible for the sale of electric power to customers within Nigeria. Key revenue is generated from Local sales.
29GF Score
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