Transcorp Power (NSA:TRANSPOWER) ROC %: 47.85% (As of Mar. 2026)

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NSA:TRANSPOWER Transcorp Power PLC NSA:TRANSPOWER
26 GF Score
Price ₦219.60
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What is Transcorp Power ROC %?

Transcorp Power NSA:TRANSPOWER 26 ROC % is 47.85% as of Mar. 2026. GuruFocus rates NSA:TRANSPOWER with a GF Score™ of 26/100. The stock has 1 warning sign investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Transcorp Power's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 47.85%.

As of today (2026-08-05), Transcorp Power's WACC % is 10.78%. Transcorp Power's ROC % is 45.58% (calculated using TTM income statement data). Transcorp Power generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Transcorp Power  (NSA:TRANSPOWER) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Transcorp Power's WACC % is 10.78%. Transcorp Power's ROC % is 45.58% (calculated using TTM income statement data). Transcorp Power generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of 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.


Transcorp Power ROC % Related Terms


Transcorp Power ROC % Historical Data

* Premium members only.

The historical data trend for Transcorp Power's ROC % 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 ROC % Chart

Transcorp Power Annual Data
Trend Dec23 Dec24 Dec25
ROC %
37.92 61.99 52.39

Transcorp Power Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.21 23.85 57.89 54.48 47.85
NSA:TRANSPOWER
26GF Score
Transcorp Power PLC NSA:TRANSPOWER
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Transcorp Power ROC % Calculation

Transcorp Power's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=139352.391 * ( 1 - 23.83% )/( (179633.315 + 225559.88)/ 2 )
=106144.7162247/202596.5975
=52.39 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=396782.267 - 208813.704 - ( 8335.248 - max(0, 229809.15 - 309091.25+8335.248))
=179633.315

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=563478.957 - 335699.564 - ( 2219.513 - max(0, 352059.843 - 474045.034+2219.513))
=225559.88

Transcorp Power's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=155215.712 * ( 1 - 25% )/( (225559.88 + 261002.095)/ 2 )
=116411.784/243280.9875
=47.85 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=563478.957 - 335699.564 - ( 2219.513 - max(0, 352059.843 - 474045.034+2219.513))
=225559.88

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=613417.515 - 342012.951 - ( 10402.469 - max(0, 359872.214 - 523382.406+10402.469))
=261002.095

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 47.85% mean?
Transcorp Power (NSA:TRANSPOWER) has a ROC % of 47.85% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Transcorp Power and its competitors.
Is Transcorp Power's ROC % too high?
Transcorp Power's current ROC % is 47.85%. The Utilities - Regulated industry median ROC % is 4.15. Transcorp Power's value of 47.85% is 1053% above this industry median. 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 ROC % compare to NEE and SO?
Transcorp Power's ROC % of 47.85% can be compared against companies in the Utilities - Regulated industry. The industry median ROC % is 4.15. Transcorp Power's value of 47.85% is 1053% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Utilities - Regulated company?
The median ROC % among Utilities - Regulated companies is 4.15, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transcorp Power's current ROC % of 47.85% is 1053% 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Transcorp Power and its competitors. For the Utilities - Regulated industry, the median ROC % is 4.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transcorp Power's current ROC % is 47.85%. 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 ROC % of 47.85%. The current ROC % is 47.85% and 1053% above the Utilities - Regulated industry median of 4.15. 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 ROC % calculated?
ROC % is calculated from a company's financial statements. For Transcorp Power (NSA:TRANSPOWER), the current ROC % is 47.85% 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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ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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