Transcorp Power (NSA:TRANSPOWER) ROA %: 20.19% (As of Mar. 2026) — Near Median

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NSA:TRANSPOWER Transcorp Power PLC NSA:TRANSPOWER
26 GF Score
Price ₦219.60
! 1 Warning Sign
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What is Transcorp Power ROA %?

Transcorp Power NSA:TRANSPOWER 26 ROA % is 20.19% as of Mar. 2026, which is 6% above its 10-year median of 19.04. GuruFocus rates NSA:TRANSPOWER with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 510 Utilities - Regulated companies, Transcorp Power ranks better than 97.45% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Transcorp Power's annualized Net Income for the quarter that ended in Mar. 2026 was ₦118,781 Mil. Transcorp Power's average Total Assets over the quarter that ended in Mar. 2026 was ₦588,448 Mil. Therefore, Transcorp Power's annualized ROA % for the quarter that ended in Mar. 2026 was 20.19%.

The historical rank and industry rank for Transcorp Power's ROA % or its related term are showing as below:

NSA:TRANSPOWER' s ROA % Range Over the Past 10 Years
Min: 13.53   Med: 19.04   Max: 25.8
Current: 16.41

During the past 3 years, Transcorp Power's highest ROA % was 25.80%. The lowest was 13.53%. And the median was 19.04%.

NSA:TRANSPOWER's ROA % is ranked better than
97.45% of 510 companies
in the Utilities - Regulated industry
Industry Median: 3.05 vs NSA:TRANSPOWER: 16.41

Transcorp Power  (NSA:TRANSPOWER) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=118780.588/588448.236
=(Net Income / Revenue)*(Revenue / Total Assets)
=(118780.588 / 378366.668)*(378366.668 / 588448.236)
=Net Margin %*Asset Turnover
=31.39 %*0.643
=20.19 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Transcorp Power ROA % Related Terms


Transcorp Power ROA % Historical Data

* Premium members only.

The historical data trend for Transcorp Power's ROA % 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.

Transcorp Power ROA % Chart

Transcorp Power Annual Data
Trend Dec23 Dec24 Dec25
ROA %
13.53 25.80 19.04

Transcorp Power Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.94 9.56 17.98 16.72 20.19

NSA:TRANSPOWER vs NEE, SO, DUK: ROA % Comparison

For the Utilities - Regulated Electric subindustry, Transcorp Power's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Transcorp Power's ROA % distribution charts can be found below:

* The bar in red indicates where Transcorp Power's ROA % falls into.


NSA:TRANSPOWER
26GF Score
Transcorp Power PLC NSA:TRANSPOWER
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Transcorp Power ROA % Calculation

Transcorp Power's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=91417.223/( (396782.267+563478.957)/ 2 )
=91417.223/480130.612
=19.04 %

Transcorp Power's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=118780.588/( (563478.957+613417.515)/ 2 )
=118780.588/588448.236
=20.19 %

* 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 ROA %, the net income of the last fiscal year and the average total 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 20.19% mean?
Transcorp Power (NSA:TRANSPOWER) has a ROA % of 20.19% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Transcorp Power and its competitors. This is near median its historical median of 19.04. Over the past decade, Transcorp Power's ROA % has ranged from 13.53 to 25.80. According to the industry distribution chart, Transcorp Power ranks #13 out of 510 companies in the Utilities - Regulated industry, placing it in the top 2.5%.
Is Transcorp Power's ROA % too high?
Transcorp Power's current ROA % of 20.19% is near median its 10-year median of 19.04. Over the past 10 years, this metric has ranged from a low of 13.53 to a high of 25.80. The Utilities - Regulated industry median ROA % is 3.05. Transcorp Power's value of 20.19% is 562% above this industry median. Based on the distribution chart, Transcorp Power ranks #13 out of 510 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 ROA % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Transcorp Power ranks #13 out of 510 companies for ROA %. This places Transcorp Power in the top 3% of its industry — outperforming the majority of peers. The industry median ROA % is 3.05. Transcorp Power's value of 20.19% is 562% above this benchmark. Historically, Transcorp Power's own ROA % has ranged from 13.53 to 25.80 over the past decade. While the company's 10-year median is 19.04 vs. the industry median of 3.05, 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 ROA % for an Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.05, based on 510 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transcorp Power's current ROA % of 20.19% is 562% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Transcorp Power and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transcorp Power's current ROA % is 20.19%, which is near median its own 10-year median of 19.04. 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 ROA % of 20.19%. The current ROA % is 20.19%, which is near median its 10-year median of 19.04 and 562% above the Utilities - Regulated industry median of 3.05. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Transcorp Power (NSA:TRANSPOWER), the current ROA % is 20.19% 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 Business Description

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.
26GF Score

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