Transnational (NSA:TRCNP) Selling, General, & Admin. Expense: ₦56,991 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:TRCNP Transnational Corp PLC NSA:TRCNP
85 GF Score
Price ₦42.00
GF Value ₦66.86
Valuation Possible Value Trap
! 3 Warning Signs
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What is Transnational Selling, General, & Admin. Expense?

Transnational NSA:TRCNP 85 Selling, General, & Admin. Expense is ₦56,991 Mil as of Jun. 2026. GuruFocus rates NSA:TRCNP with a GF Score™ of 85/100 and a GF Value™ of ₦66.86 (Possible Value Trap). The stock has 3 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Transnational's selling, general, & admin. expense for the three months ended in Jun. 2026 was ₦12,402 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₦56,991 Mil.


Transnational  (NSA:TRCNP) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Transnational Selling, General, & Admin. Expense Related Terms


Transnational Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Transnational's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Transnational Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,349.16 12,224.06 15,849.31 36,456.62 48,087.02

Transnational Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Selling, General, & Admin. Expense 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 19,962.82 16,566.28 16,438.17 11,584.79 12,401.97

NSA:TRCNP vs CEG, VST, NRG: Selling, General, & Admin. Expense Comparison

For the Utilities - Independent Power Producers subindustry, Transnational's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


Transnational Selling, General, & Admin. Expense vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Transnational's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Transnational's Selling, General, & Admin. Expense falls into.


NSA:TRCNP
85GF Score
Transnational Corp PLC NSA:TRCNP
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transnational Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦56,991 Mil.

* 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.

What does a Selling, General, & Admin. Expense of ₦56,991 Mil mean?
Transnational (NSA:TRCNP) has a Selling, General, & Admin. Expense of ₦56,991 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Transnational and its competitors.
Is Transnational's Selling, General, & Admin. Expense too high?
Transnational's current Selling, General, & Admin. Expense is ₦56,991 Mil. Overall, Transnational has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Transnational's Selling, General, & Admin. Expense compare to CEG and VST?
Transnational's Selling, General, & Admin. Expense of ₦56,991 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Utilities - Independent Power Producers company?
A good Selling, General, & Admin. Expense depends on the Utilities - Independent Power Producers industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Transnational and its competitors. Transnational's current Selling, General, & Admin. Expense is ₦56,991 Mil. 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 Possible Value Trap. The stock's GF Value™ is ₦66.86, compared to a current price of ₦42.00 — trading 37.2% below its estimated fair value. The current Selling, General, & Admin. Expense is ₦56,991 Mil. Transnational's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Transnational (NSA:TRCNP), the current Selling, General, & Admin. Expense is ₦56,991 Mil as of Jun. 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 ₦42.00 is trading 37.2% below its estimated GF Value™ of ₦66.86. GuruFocus considers Transnational to be Possible Value Trap.

Key valuation signals for NSA:TRCNP:

  • Selling, General, & Admin. Expense: ₦56,991 Mil
  • GF Value™: ₦66.86 vs. price of ₦42.00 (37.2% below fair value)
  • GF Score™: 85/100 with 3 warning signs

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.
85GF Score

Get the complete analysis for NSA:TRCNP

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦42.00
Price
₦66.86
GF Value