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TRANSPOWER logo

Transcorp Power PlcNGSE:TRANSPOWER Stock Report

Market Cap ₦2.0t
Share Price
₦272.70
₦290
6.0% undervalued intrinsic discount
1Y-17.0%
7D0%
1D
Portfolio Value
View

Transcorp Power Plc

NGSE:TRANSPOWER Stock Report

Market Cap: ₦2.0t

Transcorp Power (TRANSPOWER) Stock Overview

Engages in the generation and sale of electric power in Nigeria and internationally. More details

TRANSPOWER fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends2/6

TRANSPOWER Community Fair Values

Create Narrative

See what 21 others think this stock is worth. Follow their fair value or set your own to get alerts.

Transcorp Power Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Transcorp Power
Historical stock prices
Current Share Price₦272.70
52 Week High₦342.00
52 Week Low₦272.70
Beta-0.35
1 Month Change0%
3 Month Change-11.14%
1 Year Change-16.99%
3 Year Changen/a
5 Year Changen/a
Change since IPO3.30%

Recent News & Updates

Narrative Update Apr 28

TRANSCORP POWER PLC Reports Strong FY 2025 Revenue Growth with Improved Profitability and Balance Sheet Expansion

Analyst: Qudus Adebara Executive Summary Transcorp Power Plc delivered a strong financial performance for the year ended 31 December 2025, driven by robust growth in energy delivered revenue, improved operational efficiency, and stable cost management. Revenue rose to ₦398.3 billion, representing a 30.2% YoY increase from ₦305.9 billion in FY 2024, underpinned by higher energy offtake and improved billing from both local and international customers.
Narrative Update Feb 08

Transcorp Power Plc 9M 2025 – Strong Profit Growth Driven by Operational Efficiency and Strategic Investments

Transcorp Power Plc continues to demonstrate strong operational resilience and profit growth momentum in FY2025, driven by robust revenue expansion, disciplined cost management, and improving energy generation capacity. For the nine-month period ended September 2025, revenue increased 38% YoY to ₦308.5 billion , supported by higher energy dispatch levels and efficiency gains from generation assets.

Recent updates

Narrative Update Apr 28

TRANSCORP POWER PLC Reports Strong FY 2025 Revenue Growth with Improved Profitability and Balance Sheet Expansion

Analyst: Qudus Adebara Executive Summary Transcorp Power Plc delivered a strong financial performance for the year ended 31 December 2025, driven by robust growth in energy delivered revenue, improved operational efficiency, and stable cost management. Revenue rose to ₦398.3 billion, representing a 30.2% YoY increase from ₦305.9 billion in FY 2024, underpinned by higher energy offtake and improved billing from both local and international customers.
Narrative Update Feb 08

Transcorp Power Plc 9M 2025 – Strong Profit Growth Driven by Operational Efficiency and Strategic Investments

Transcorp Power Plc continues to demonstrate strong operational resilience and profit growth momentum in FY2025, driven by robust revenue expansion, disciplined cost management, and improving energy generation capacity. For the nine-month period ended September 2025, revenue increased 38% YoY to ₦308.5 billion , supported by higher energy dispatch levels and efficiency gains from generation assets.
Narrative Update Nov 12

Transcorp Power Plc 9M 2025 – Strong Profit Growth Driven by Operational Efficiency and Strategic Investments

Executive Summary Transcorp Power Plc delivered a robust performance for the nine months ended 30 September 2025 , with revenues increasing by 38% YoY to ₦308.54 billion (from ₦223.56 billion in 9M 2024), reflecting higher electricity generation and improved contractual operations. Gross profit rose 24% YoY to ₦119.67 billion , supported by cost optimization initiatives and efficient management of cost of sales.
Narrative Update Oct 13

Transcorp Power Plc Q2/H1 result– Resilient Earnings Growth Despite Margin Pressure

Based on Q3 Result

Shareholder Returns

TRANSPOWERNG Electric UtilitiesNG Market
7D0%0.09%-1.6%
1Y-17.0%-0.8%139.7%

Return vs Industry: TRANSPOWER underperformed the NG Electric Utilities industry which returned -0.8% over the past year.

Return vs Market: TRANSPOWER underperformed the NG Market which returned 139.7% over the past year.

Price Volatility

Is TRANSPOWER's price volatile compared to industry and market?
TRANSPOWER volatility
TRANSPOWER Average Weekly Movement2.9%
Electric Utilities Industry Average Movement2.9%
Market Average Movement8.1%
10% most volatile stocks in NG Market10.8%
10% least volatile stocks in NG Market4.6%

Stable Share Price: TRANSPOWER has not had significant price volatility in the past 3 months compared to the NG market.

Volatility Over Time: TRANSPOWER's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012217Peter Ikengawww.transcorppower.com/tpp

Transcorp Power Plc engages in the generation and sale of electric power in Nigeria and internationally. It operates a gas-fired open cycle thermal power plant with an installed capacity of 972 MW. The company was formerly known as Transcorp Power Limited and changed its name to Transcorp Power Plc in January 2024.

Transcorp Power Plc Fundamentals Summary

How do Transcorp Power's earnings and revenue compare to its market cap?
TRANSPOWER fundamental statistics
Market cap₦2.05t
Earnings (TTM)₦88.48b
Revenue (TTM)₦387.42b
23.1x
P/E Ratio
5.3x
P/S Ratio

Is TRANSPOWER overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRANSPOWER income statement (TTM)
Revenue₦387.42b
Cost of Revenue₦211.06b
Gross Profit₦176.36b
Other Expenses₦87.88b
Earnings₦88.48b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)11.80
Gross Margin45.52%
Net Profit Margin22.84%
Debt/Equity Ratio16.3%

How did TRANSPOWER perform over the long term?

See historical performance and comparison

Dividends

2.0%
Current Dividend Yield
47%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 02:58
End of Day Share Price 2026/05/21 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Transcorp Power Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.