GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Transcorp Power PLC (NSA:TRANSPOWER) » Definitions » Return-on-Tangible-Asset

Transcorp Power (NSA:TRANSPOWER) Return-on-Tangible-Asset : 31.67% (As of Mar. 2025)


View and export this data going back to 2024. Start your Free Trial

What is Transcorp Power Return-on-Tangible-Asset?

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 annualized Net Income for the quarter that ended in Mar. 2025 was ₦130,549 Mil. Transcorp Power's average total tangible assets for the quarter that ended in Mar. 2025 was ₦412,197 Mil. Therefore, Transcorp Power's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 31.67%.

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: 20.4   Max: 26.64
Current: 25.4

During the past 2 years, Transcorp Power's highest Return-on-Tangible-Asset was 26.64%. The lowest was 14.15%. And the median was 20.40%.

NSA:TRANSPOWER's Return-on-Tangible-Asset is ranked better than
98.41% of 503 companies
in the Utilities - Regulated industry
Industry Median: 3.18 vs NSA:TRANSPOWER: 25.40

Transcorp Power Return-on-Tangible-Asset Historical Data

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.

* Premium members only.

Transcorp Power Return-on-Tangible-Asset Chart

Transcorp Power Annual Data
Trend Dec23 Dec24
Return-on-Tangible-Asset
14.15 26.64

Transcorp Power Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only 33.55 20.03 24.62 23.35 31.67

Competitive Comparison of Transcorp Power's Return-on-Tangible-Asset

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's Return-on-Tangible-Asset Distribution in the 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.


;
;

Transcorp Power Return-on-Tangible-Asset Calculation

Transcorp Power's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=80013.268/( (213689.357+387081.076)/ 2 )
=80013.268/300385.2165
=26.64 %

Transcorp Power's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=130548.644/( (387081.076+437312.624)/ 2 )
=130548.644/412196.85
=31.67 %

* 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. 2025) net income data.


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 company’s 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 company’s 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

Thank you for viewing the detailed overview of Transcorp Power's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Transcorp Power Business Description

Traded in Other Exchanges
N/A
Address
Kilometer 12 warri patani road, Delta State, Ughelli, NGA
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.

Transcorp Power Headlines

No Headlines