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Transcorp PowerNSA:TRANSPOWER 26 Return-on-Tangible-Equity is 62.69% as of Mar. 2026, which is 0% below its 10-year median of 62.91. GuruFocus rates NSA:TRANSPOWER with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 497 Utilities - Regulated companies, Transcorp Power ranks better than 88.73% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Transcorp Power's annualized net income for the quarter that ended in Mar. 2026 was ₦118,781 Mil. Transcorp Power's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₦189,476 Mil. Therefore, Transcorp Power's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 62.69%.
The historical rank and industry rank for Transcorp Power's Return-on-Tangible-Equity or its related term are showing as below:
NSA:TRANSPOWER'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 55.93 Med: 62.91 Max: 96.94
Current: 55.93
During the past 3 years, Transcorp Power's highest Return-on-Tangible-Equity was 96.94%. The lowest was 55.93%. And the median was 62.91%.
NSA:TRANSPOWER's Return-on-Tangible-Equity is ranked better than 88.73% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.87
vs NSA:TRANSPOWER: 55.93
Transcorp Power (NSA:TRANSPOWER) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Transcorp Power Return-on-Tangible-Equity Related Terms
Transcorp Power Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Transcorp Power's Return-on-Tangible-Equity 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-Equity Comparison
For the Utilities - Regulated Electric subindustry, Transcorp Power's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Transcorp Power's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Transcorp Power's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 62.69% mean?
Transcorp Power (NSA:TRANSPOWER) has a Return-on-Tangible-Equity of 62.69% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Transcorp Power and its competitors. This is near median its historical median of 62.91. Over the past decade, Transcorp Power's Return-on-Tangible-Equity has ranged from 55.93 to 96.94. According to the industry distribution chart, Transcorp Power ranks #56 out of 497 companies in the Utilities - Regulated industry, placing it in the top 11.3%.
Is Transcorp Power's Return-on-Tangible-Equity too high?
Transcorp Power's current Return-on-Tangible-Equity of 62.69% is near median its 10-year median of 62.91. Over the past 10 years, this metric has ranged from a low of 55.93 to a high of 96.94. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.87. Transcorp Power's value of 62.69% is 476.7% above this industry median. Based on the distribution chart, Transcorp Power ranks #56 out of 497 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 26/100, reflecting its overall financial health beyond just this single metric.
How does Transcorp Power's Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Transcorp Power ranks #56 out of 497 companies for Return-on-Tangible-Equity. This places Transcorp Power in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.87. Transcorp Power's value of 62.69% is 476.7% above this benchmark. Historically, Transcorp Power's own Return-on-Tangible-Equity has ranged from 55.93 to 96.94 over the past decade. While the company's 10-year median is 62.91 vs. the industry median of 10.87, 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-Equity for an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.87, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transcorp Power's current Return-on-Tangible-Equity of 62.69% is 476.7% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Transcorp Power and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transcorp Power's current Return-on-Tangible-Equity is 62.69%, which is near median its own 10-year median of 62.91. 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-Equity of 62.69%. The current Return-on-Tangible-Equity is 62.69%, which is near median its 10-year median of 62.91 and 476.7% above the Utilities - Regulated industry median of 10.87. Transcorp Power's overall GF Score™ is 26/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Transcorp Power (NSA:TRANSPOWER), the current Return-on-Tangible-Equity is 62.69% 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.
26GF Score
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