TGS ASA (TGS.OL) Stock Fundamental Analysis
Europe - OSL:TGS - NO0003078800 - Common Stock
88.15 NOK
-5.2 (-5.57%)
We assign a fundamental rating of 3 out of 10 to TGS. TGS was compared to 37 industry peers in the Energy Equipment & Services industry. TGS may be in some trouble as it scores bad on both profitability and health. TGS is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
TGS had positive earnings in the past year.
In the past year TGS had a positive cash flow from operations.
In multiple years TGS reported negative net income over the last 5 years.
TGS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TGS's Return On Assets of 1.29% is on the low side compared to the rest of the industry. TGS is outperformed by 70.27% of its industry peers.
Looking at the Return On Equity, with a value of 2.48%, TGS is doing worse than 70.27% of the companies in the same industry.
The Return On Invested Capital of TGS (6.91%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for TGS is significantly below the industry average of 11.08%.
The last Return On Invested Capital (6.91%) for TGS is above the 3 year average (5.85%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.29% | ||
| ROE | 2.48% | ||
| ROIC | 6.91% |
ROA(3y)2.74%
ROA(5y)-0.96%
ROE(3y)4.45%
ROE(5y)-1.33%
ROIC(3y)5.85%
ROIC(5y)N/A
1.3 Margins
TGS's Profit Margin of 2.84% is on the low side compared to the rest of the industry. TGS is outperformed by 67.57% of its industry peers.
TGS's Profit Margin has declined in the last couple of years.
TGS has a Operating Margin (14.42%) which is in line with its industry peers.
In the last couple of years the Operating Margin of TGS has declined.
Looking at the Gross Margin, with a value of 78.59%, TGS belongs to the top of the industry, outperforming 91.89% of the companies in the same industry.
In the last couple of years the Gross Margin of TGS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.42% | ||
| PM (TTM) | 2.84% | ||
| GM | 78.59% |
OM growth 3Y-27.75%
OM growth 5Y-12.35%
PM growth 3YN/A
PM growth 5Y-18.03%
GM growth 3Y-8.24%
GM growth 5Y-5.38%
2. Health
2.1 Basic Checks
TGS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
TGS has more shares outstanding than it did 1 year ago.
The number of shares outstanding for TGS has been increased compared to 5 years ago.
TGS has a worse debt/assets ratio than last year.
2.2 Solvency
TGS has an Altman-Z score of 1.35. This is a bad value and indicates that TGS is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.35, TGS is in line with its industry, outperforming 51.35% of the companies in the same industry.
TGS has a debt to FCF ratio of 2.37. This is a good value and a sign of high solvency as TGS would need 2.37 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 2.37, TGS is doing good in the industry, outperforming 78.38% of the companies in the same industry.
TGS has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.37, TGS is in the better half of the industry, outperforming 64.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 2.37 | ||
| Altman-Z | 1.35 |
ROIC/WACC0.82
WACC8.46%
2.3 Liquidity
TGS has a Current Ratio of 0.68. This is a bad value and indicates that TGS is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.68, TGS is not doing good in the industry: 89.19% of the companies in the same industry are doing better.
A Quick Ratio of 0.68 indicates that TGS may have some problems paying its short term obligations.
TGS has a worse Quick ratio (0.68) than 89.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
The earnings per share for TGS have decreased strongly by -11.11% in the last year.
The earnings per share for TGS have been decreasing by -22.33% on average. This is quite bad
TGS shows a strong growth in Revenue. In the last year, the Revenue has grown by 71.64%.
TGS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.62% yearly.
EPS 1Y (TTM)-11.11%
EPS 3YN/A
EPS 5Y-22.33%
EPS Q2Q%63.16%
Revenue 1Y (TTM)71.64%
Revenue growth 3Y36.47%
Revenue growth 5Y17.62%
Sales Q2Q%-5.92%
3.2 Future
Based on estimates for the next years, TGS will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.99% on average per year.
Based on estimates for the next years, TGS will show a decrease in Revenue. The Revenue will decrease by -0.27% on average per year.
EPS Next Y-50.15%
EPS Next 2Y0.5%
EPS Next 3Y13.99%
EPS Next 5YN/A
Revenue Next Year-1.7%
Revenue Next 2Y-3.14%
Revenue Next 3Y0.63%
Revenue Next 5Y-0.27%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
TGS is valuated quite expensively with a Price/Earnings ratio of 35.98.
Based on the Price/Earnings ratio, TGS is valued a bit more expensive than 70.27% of the companies in the same industry.
TGS is valuated rather expensively when we compare the Price/Earnings ratio to 25.07, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 16.46, TGS is valued correctly.
Based on the Price/Forward Earnings ratio, TGS is valued a bit more expensive than the industry average as 70.27% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 34.08. TGS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.98 | ||
| Fwd PE | 16.46 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, TGS is valued a bit cheaper than the industry average as 72.97% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.65 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
TGS's earnings are expected to grow with 13.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.5%
EPS Next 3Y13.99%
5. Dividend
5.1 Amount
TGS has a Yearly Dividend Yield of 6.72%, which is a nice return.
TGS's Dividend Yield is a higher than the industry average which is at 7.54.
TGS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.72% |
5.2 History
The dividend of TGS decreases each year by -11.71%.
Dividend Growth(5Y)-11.71%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
239.94% of the earnings are spent on dividend by TGS. This is not a sustainable payout ratio.
DP239.94%
EPS Next 2Y0.5%
EPS Next 3Y13.99%
OSL:TGS (11/21/2025, 4:19:48 PM)
88.15
-5.2 (-5.57%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners61.61%
Inst Owner ChangeN/A
Ins Owners0.95%
Ins Owner ChangeN/A
Market Cap17.33B
Revenue(TTM)1.75B
Net Income(TTM)49.50M
Analysts49.23
Price Target102.73 (16.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.72% |
Yearly Dividend5.64
Dividend Growth(5Y)-11.71%
DP239.94%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-92.38%
Min EPS beat(2)-286.02%
Max EPS beat(2)101.27%
EPS beat(4)1
Avg EPS beat(4)-77.25%
Min EPS beat(4)-286.02%
Max EPS beat(4)101.27%
EPS beat(8)2
Avg EPS beat(8)-184.52%
EPS beat(12)3
Avg EPS beat(12)-141.9%
EPS beat(16)4
Avg EPS beat(16)-125.7%
Revenue beat(2)1
Avg Revenue beat(2)-5.34%
Min Revenue beat(2)-19.07%
Max Revenue beat(2)8.4%
Revenue beat(4)3
Avg Revenue beat(4)2.67%
Min Revenue beat(4)-19.07%
Max Revenue beat(4)17.79%
Revenue beat(8)4
Avg Revenue beat(8)0.82%
Revenue beat(12)4
Avg Revenue beat(12)-4.68%
Revenue beat(16)7
Avg Revenue beat(16)1.47%
PT rev (1m)3.98%
PT rev (3m)1.99%
EPS NQ rev (1m)-9.81%
EPS NQ rev (3m)-28.13%
EPS NY rev (1m)185.19%
EPS NY rev (3m)-77.14%
Revenue NQ rev (1m)-1.51%
Revenue NQ rev (3m)-9.54%
Revenue NY rev (1m)1.04%
Revenue NY rev (3m)-2.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.98 | ||
| Fwd PE | 16.46 | ||
| P/S | 0.97 | ||
| P/FCF | 4.65 | ||
| P/OCF | 1.97 | ||
| P/B | 0.85 | ||
| P/tB | 9.75 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.45
EY2.78%
EPS(NY)5.36
Fwd EY6.08%
FCF(TTM)18.97
FCFY21.52%
OCF(TTM)44.76
OCFY50.78%
SpS90.52
BVpS103.69
TBVpS9.05
PEG (NY)N/A
PEG (5Y)N/A
Graham Number75.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.29% | ||
| ROE | 2.48% | ||
| ROCE | 8.97% | ||
| ROIC | 6.91% | ||
| ROICexc | 7.47% | ||
| ROICexgc | 25.25% | ||
| OM | 14.42% | ||
| PM (TTM) | 2.84% | ||
| GM | 78.59% | ||
| FCFM | 20.95% |
ROA(3y)2.74%
ROA(5y)-0.96%
ROE(3y)4.45%
ROE(5y)-1.33%
ROIC(3y)5.85%
ROIC(5y)N/A
ROICexc(3y)6.57%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)7.72%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-35.15%
ROICexc growth 5Y-15.78%
OM growth 3Y-27.75%
OM growth 5Y-12.35%
PM growth 3YN/A
PM growth 5Y-18.03%
GM growth 3Y-8.24%
GM growth 5Y-5.38%
F-Score6
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 2.37 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 28.5% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 738.73% | ||
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 1.35 |
F-Score6
WACC8.46%
ROIC/WACC0.82
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)39.85%
Cap/Sales(5y)52.79%
Profit Quality(3y)338.92%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-11.11%
EPS 3YN/A
EPS 5Y-22.33%
EPS Q2Q%63.16%
EPS Next Y-50.15%
EPS Next 2Y0.5%
EPS Next 3Y13.99%
EPS Next 5YN/A
Revenue 1Y (TTM)71.64%
Revenue growth 3Y36.47%
Revenue growth 5Y17.62%
Sales Q2Q%-5.92%
Revenue Next Year-1.7%
Revenue Next 2Y-3.14%
Revenue Next 3Y0.63%
Revenue Next 5Y-0.27%
EBIT growth 1Y112.02%
EBIT growth 3Y-1.41%
EBIT growth 5Y3.1%
EBIT Next Year228.28%
EBIT Next 3Y55.93%
EBIT Next 5Y38%
FCF growth 1Y153.59%
FCF growth 3Y13.38%
FCF growth 5Y-1.21%
OCF growth 1Y55.12%
OCF growth 3Y25.56%
OCF growth 5Y2.32%
TGS ASA / TGS.OL FAQ
What is the fundamental rating for TGS stock?
ChartMill assigns a fundamental rating of 3 / 10 to TGS.OL.
Can you provide the valuation status for TGS ASA?
ChartMill assigns a valuation rating of 2 / 10 to TGS ASA (TGS.OL). This can be considered as Overvalued.
What is the profitability of TGS stock?
TGS ASA (TGS.OL) has a profitability rating of 3 / 10.
What are the PE and PB ratios of TGS ASA (TGS.OL) stock?
The Price/Earnings (PE) ratio for TGS ASA (TGS.OL) is 35.98 and the Price/Book (PB) ratio is 0.85.
What is the financial health of TGS ASA (TGS.OL) stock?
The financial health rating of TGS ASA (TGS.OL) is 3 / 10.