Transcorp Power (NSA:TRANSPOWER) ROE %: 59.64% (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 ROE %?

Transcorp Power NSA:TRANSPOWER 26 ROE % is 59.64% as of Mar. 2026, which is 1% above its 10-year median of 58.97. GuruFocus rates NSA:TRANSPOWER with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 503 Utilities - Regulated companies, Transcorp Power ranks better than 97.81% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity 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 Stockholders Equity over the quarter that ended in Mar. 2026 was ₦199,177 Mil. Therefore, Transcorp Power's annualized ROE % for the quarter that ended in Mar. 2026 was 59.64%.

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

NSA:TRANSPOWER' s ROE % Range Over the Past 10 Years
Min: 52.25   Med: 58.97   Max: 86.74
Current: 52.68

During the past 3 years, Transcorp Power's highest ROE % was 86.74%. The lowest was 52.25%. And the median was 58.97%.

NSA:TRANSPOWER's ROE % is ranked better than
97.81% of 503 companies
in the Utilities - Regulated industry
Industry Median: 8.72 vs NSA:TRANSPOWER: 52.68

Transcorp Power  (NSA:TRANSPOWER) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=118780.588/199177.4905
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(118780.588 / 378366.668)*(378366.668 / 588448.236)*(588448.236 / 199177.4905)
=Net Margin %*Asset Turnover*Equity Multiplier
=31.39 %*0.643*2.9544
=ROA %*Equity Multiplier
=20.18 %*2.9544
=59.64 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=118780.588/199177.4905
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (118780.588 / 158374.116) * (158374.116 / 155215.712) * (155215.712 / 378366.668) * (378366.668 / 588448.236) * (588448.236 / 199177.4905)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.75 * 1.0203 * 41.02 % * 0.643 * 2.9544
=59.64 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Transcorp Power ROE % Related Terms


Transcorp Power ROE % Historical Data

* Premium members only.

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

Transcorp Power Annual Data
Trend Dec23 Dec24 Dec25
ROE %
52.25 86.74 58.97

Transcorp Power Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.56 33.40 62.54 53.54 59.64

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

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

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

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


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

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

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=91417.223/( (126625.614+183398.778)/ 2 )
=91417.223/155012.196
=58.97 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=118780.588/( (183398.778+214956.203)/ 2 )
=118780.588/199177.4905
=59.64 %

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

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 59.64% mean?
Transcorp Power (NSA:TRANSPOWER) has a ROE % of 59.64% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Transcorp Power and its competitors. This is near median its historical median of 58.97. Over the past decade, Transcorp Power's ROE % has ranged from 52.25 to 86.74. According to the industry distribution chart, Transcorp Power ranks #11 out of 503 companies in the Utilities - Regulated industry, placing it in the top 2.2%.
Is Transcorp Power's ROE % too high?
Transcorp Power's current ROE % of 59.64% is near median its 10-year median of 58.97. Over the past 10 years, this metric has ranged from a low of 52.25 to a high of 86.74. The Utilities - Regulated industry median ROE % is 8.72. Transcorp Power's value of 59.64% is 583.9% above this industry median. Based on the distribution chart, Transcorp Power ranks #11 out of 503 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 ROE % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Transcorp Power ranks #11 out of 503 companies for ROE %. This places Transcorp Power in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 8.72. Transcorp Power's value of 59.64% is 583.9% above this benchmark. Historically, Transcorp Power's own ROE % has ranged from 52.25 to 86.74 over the past decade. While the company's 10-year median is 58.97 vs. the industry median of 8.72, 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 ROE % for an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.72, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transcorp Power's current ROE % of 59.64% is 583.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Transcorp Power and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transcorp Power's current ROE % is 59.64%, which is near median its own 10-year median of 58.97. 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 ROE % of 59.64%. The current ROE % is 59.64%, which is near median its 10-year median of 58.97 and 583.9% above the Utilities - Regulated industry median of 8.72. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Transcorp Power (NSA:TRANSPOWER), the current ROE % is 59.64% 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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