Transnational (NSA:TRCNP) ROCE %: 40.01% (As of Mar. 2026)


NSA:TRCNP Transnational Corp PLC NSA:TRCNP
87 GF Score
Price ₦40.05
GF Value ₦89.08
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Transnational ROCE %?

Transnational NSA:TRCNP -6.86% 87 ROCE % is 40.01% as of Mar. 2026. GuruFocus rates NSA:TRCNP with a GF Score™ of 87/100 and a GF Value™ of ₦89.08 (Significantly Undervalued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Transnational's annualized ROCE % for the quarter that ended in Mar. 2026 was 40.01%.

Transnational  (NSA:TRCNP) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Transnational ROCE % Related Terms

Transnational ROCE % Historical Data

* Premium members only.

The historical data trend for Transnational's ROCE % 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.

Transnational ROCE % Chart

Transnational Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.23 18.46 30.96 52.99 47.01

Transnational Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.40 32.49 38.51 44.55 40.01
NSA:TRCNP
87GF Score
Transnational Corp PLC NSA:TRCNP
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Transnational ROCE % Calculation

Transnational's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=198102.543/( ( (751563.305 - 408615.505) + (1002342.622 - 502450.08) )/ 2 )
=198102.543/( (342947.8+499892.542)/ 2 )
=198102.543/421420.171
=47.01 %

Transnational's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=212461.308/( ( (1002342.622 - 502450.08) + (1079377.519 - 517285.104) )/ 2 )
=212461.308/( ( 499892.542 + 562092.415 )/ 2 )
=212461.308/530992.4785
=40.01 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 40.01% mean?
Transnational (NSA:TRCNP) has a ROCE % of 40.01% as of Mar. 2026.
Is Transnational's ROCE % too high?
Transnational's current ROCE % is 40.01%. The Utilities - Independent Power Producers industry median ROCE % is 4.79. Transnational's value of 40.01% is 735.3% above this industry median. Overall, Transnational has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transnational's ROCE % compare to CEG and VST?
Transnational's ROCE % of 40.01% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.79. Transnational's value of 40.01% is 735.3% 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 ROCE % for an Utilities - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.79, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transnational's current ROCE % of 40.01% is 735.3% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median ROCE % is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transnational's current ROCE % is 40.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transnational stock overvalued right now?
Based on GuruFocus' analysis, Transnational (NSA:TRCNP) is currently considered Significantly Undervalued. The stock's GF Value™ is ₦89.08, compared to a current price of ₦40.05 — trading 55% below its estimated fair value. The current ROCE % is 40.01% and 735.3% above the Utilities - Independent Power Producers industry median of 4.79. Transnational's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Transnational (NSA:TRCNP), the current ROCE % is 40.01% 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.

Is Transnational (NSA:TRCNP) Overvalued in 2026?

Based on GuruFocus' analysis, Transnational stock appears to be undervalued. The current stock price of ₦40.05 is trading 55% below its estimated GF Value™ of ₦89.08. GuruFocus considers Transnational to be Significantly Undervalued.

Key valuation signals for NSA:TRCNP:

  • ROCE %: 40.01%
  • GF Value™: ₦89.08 vs. price of ₦40.05 (55% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 735.3% above the Utilities - Independent Power Producers median

No single metric tells the full story. See the NSA:TRCNP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Transnational Business Description

Address 38b Glover Road, Transnational House, Ikoyi, Lagos, NGA
Transnational Corp PLC is a diversified conglomerate. Its business segments are Power, Oil and Gas, Hospitality, Corporate Centre, and Agro-allied. The group generates the majority of the revenue from the Power segment. In the Power segment, the company through its subsidiary, is engaged in the generation of electric power. The group provides hospitality services to the customers in the Hospitality segment. Oil and Gas segment includes exploration, refining, and marketing of petroleum products, and in the Agro-Allied segment, the group processes fruit concentrates from fruits. The Corporate Centre segment is the parent Company, Transnational Corporation of Nigeria Plc, and the other non-operational subsidiaries.
87GF Score

Get the complete analysis for NSA:TRCNP

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦40.05
Price
₦89.08
GF Value