Transnational Corporation of Nigeria Plc, together with the subsidiaries, operates in the hospitality, power, agro-allied, and oil and gas sectors in Nigeria.
Price History & Performance
|Historical stock prices|
|Current Share Price||₦0.99|
|52 Week High||₦0.59|
|52 Week Low||₦1.40|
|1 Month Change||6.45%|
|3 Month Change||5.32%|
|1 Year Change||62.30%|
|3 Year Change||-21.43%|
|5 Year Change||1.02%|
|Change since IPO||-89.30%|
Recent News & Updates
|TRANSCORP||NG Renewable Energy||NG Market|
Return vs Industry: TRANSCORP exceeded the NG Renewable Energy industry which returned 18.7% over the past year.
Return vs Market: TRANSCORP exceeded the NG Market which returned 40% over the past year.
Stable Share Price: TRANSCORP is not significantly more volatile than the rest of NG stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TRANSCORP's weekly volatility (5%) has been stable over the past year.
About the Company
Transnational Corporation of Nigeria Plc, together with the subsidiaries, operates in the hospitality, power, agro-allied, and oil and gas sectors in Nigeria. It operates Transcorp Hilton Hotel, a 670-room 5-star hotel in Abuja; and Transcorps Hotels, Calabar, a 146-room hotel in Calabar. The company also produces orange and pineapple concentrates, mango purees, and orange peel oil for industrial markets.
Transnational Corporation of Nigeria Fundamentals Summary
|TRANSCORP fundamental statistics|
Is TRANSCORP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TRANSCORP income statement (TTM)|
|Cost of Revenue||₦52.57b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.086|
|Net Profit Margin||3.72%|
How did TRANSCORP perform over the long term?See historical performance and comparison
1.0%Current Dividend Yield
Is Transnational Corporation of Nigeria undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TRANSCORP (NGN0.99) is trading below our estimate of fair value (NGN7.47)
Significantly Below Fair Value: TRANSCORP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TRANSCORP is good value based on its PE Ratio (11.6x) compared to the Global Renewable Energy industry average (17x).
PE vs Market: TRANSCORP is poor value based on its PE Ratio (11.6x) compared to the NG market (7.5x).
Price to Earnings Growth Ratio
PEG Ratio: TRANSCORP is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: TRANSCORP's PB Ratio (0.6x) is in line with the XF Renewable Energy industry average.
How is Transnational Corporation of Nigeria forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRANSCORP's forecast earnings growth (42.4% per year) is above the savings rate (13.2%).
Earnings vs Market: TRANSCORP's earnings (42.4% per year) are forecast to grow faster than the NG market (15.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TRANSCORP's revenue (26% per year) is forecast to grow faster than the NG market (10.4% per year).
High Growth Revenue: TRANSCORP's revenue (26% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TRANSCORP's Return on Equity is forecast to be high in 3 years time
How has Transnational Corporation of Nigeria performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRANSCORP has a large one-off loss of NGN6.5B impacting its June 30 2021 financial results.
Growing Profit Margin: TRANSCORP became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TRANSCORP has become profitable over the past 5 years, growing earnings by 9% per year.
Accelerating Growth: TRANSCORP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TRANSCORP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (14.9%).
Return on Equity
High ROE: TRANSCORP's Return on Equity (7.9%) is considered low.
How is Transnational Corporation of Nigeria's financial position?
Financial Position Analysis
Short Term Liabilities: TRANSCORP's short term assets (NGN122.4B) exceed its short term liabilities (NGN106.2B).
Long Term Liabilities: TRANSCORP's short term assets (NGN122.4B) do not cover its long term liabilities (NGN132.2B).
Debt to Equity History and Analysis
Debt Level: TRANSCORP's debt to equity ratio (104.3%) is considered high.
Reducing Debt: TRANSCORP's debt to equity ratio has reduced from 118.9% to 104.3% over the past 5 years.
Debt Coverage: TRANSCORP's debt is well covered by operating cash flow (26.1%).
Interest Coverage: TRANSCORP's interest payments on its debt are not well covered by EBIT (2.2x coverage).
What is Transnational Corporation of Nigeria current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TRANSCORP's dividend (1.01%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (3.3%).
High Dividend: TRANSCORP's dividend (1.01%) is low compared to the top 25% of dividend payers in the NG market (7.31%).
Stability and Growth of Payments
Stable Dividend: TRANSCORP is not paying a notable dividend for the NG market, therefore no need to check if payments are stable.
Growing Dividend: TRANSCORP is not paying a notable dividend for the NG market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: TRANSCORP is not paying a notable dividend for the NG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TRANSCORP's dividend in 3 years as they are not forecast to pay a notable one for the NG market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ms. Owen Omogiafo has been President of Transnational Corporation of Nigeria Plc since March 25, 2020 and serves as its Chief Executive Officer since June 2020 and served as its Group Chief Executive Offic...
Experienced Management: TRANSCORP's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: TRANSCORP's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Transnational Corporation of Nigeria Plc's employee growth, exchange listings and data sources
- Name: Transnational Corporation of Nigeria Plc
- Ticker: TRANSCORP
- Exchange: NGSE
- Founded: 2004
- Industry: Independent Power Producers and Energy Traders
- Sector: Utilities
- Market Cap: ₦40.242b
- Shares outstanding: 40.65b
- Website: https://www.transcorpnigeria.com
Number of Employees
- Transnational Corporation of Nigeria Plc
- Transnational House
- No. 38 Glover Road, (Formerly 22B)
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 15:22|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.