TGS ASA (TGS.OL) Stock Fundamental Analysis
Europe - OSL:TGS - NO0003078800 - Common Stock
73.55 NOK
+0.85 (+1.17%)
Overall TGS gets a fundamental rating of 4 out of 10. We evaluated TGS against 37 industry peers in the Energy Equipment & Services industry. Both the profitability and financial health of TGS have multiple concerns. While showing a medium growth rate, TGS is valued expensive at the moment.
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.
Each year in the past 5 years TGS had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.65%, TGS is doing worse than 75.68% of the companies in the same industry.
With a Return On Equity value of 1.27%, TGS is not doing good in the industry: 75.68% of the companies in the same industry are doing better.
The Return On Invested Capital of TGS (5.43%) is worse than 70.27% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TGS is significantly below the industry average of 11.43%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.65% | ||
| ROE | 1.27% | ||
| ROIC | 5.43% |
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 has a Profit Margin of 1.41%. This is in the lower half of the industry: TGS underperforms 75.68% of its industry peers.
TGS's Profit Margin has declined in the last couple of years.
TGS has a Operating Margin (11.02%) which is comparable to the rest of the industry.
TGS's Operating Margin has declined in the last couple of years.
TGS has a Gross Margin of 75.68%. This is amongst the best in the industry. TGS outperforms 94.59% of its industry peers.
In the last couple of years the Gross Margin of TGS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.02% | ||
| PM (TTM) | 1.41% | ||
| GM | 75.68% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TGS is destroying value.
The number of shares outstanding for TGS has been increased compared to 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 1.15. This is a bad value and indicates that TGS is not financially healthy and even has some risk of bankruptcy.
TGS has a Altman-Z score (1.15) which is comparable to the rest of the industry.
The Debt to FCF ratio of TGS is 2.59, which is a good value as it means it would take TGS, 2.59 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.59, TGS is doing good in the industry, outperforming 72.97% of the companies in the same industry.
TGS has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of TGS (0.38) is better than 64.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 2.59 | ||
| Altman-Z | 1.15 |
ROIC/WACC0.65
WACC8.38%
2.3 Liquidity
A Current Ratio of 0.64 indicates that TGS may have some problems paying its short term obligations.
TGS has a Current ratio of 0.64. This is amonst the worse of the industry: TGS underperforms 86.49% of its industry peers.
A Quick Ratio of 0.64 indicates that TGS may have some problems paying its short term obligations.
The Quick ratio of TGS (0.64) is worse than 83.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
TGS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -50.00%.
Measured over the past years, TGS shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -22.33% on average per year.
The Revenue has grown by 123.96% in the past year. This is a very strong growth!
The Revenue has been growing by 17.62% on average over the past years. This is quite good.
EPS 1Y (TTM)-50%
EPS 3YN/A
EPS 5Y-22.33%
EPS Q2Q%-214.81%
Revenue 1Y (TTM)123.96%
Revenue growth 3Y36.47%
Revenue growth 5Y17.62%
Sales Q2Q%48.99%
3.2 Future
TGS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.00% yearly.
Based on estimates for the next years, TGS will show a small growth in Revenue. The Revenue will grow by 3.06% on average per year.
EPS Next Y-44.74%
EPS Next 2Y9.91%
EPS Next 3Y22%
EPS Next 5YN/A
Revenue Next Year-2.65%
Revenue Next 2Y0.32%
Revenue Next 3Y3.06%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
The Price/Earnings ratio is 62.33, which means the current valuation is very expensive for TGS.
TGS's Price/Earnings ratio is a bit more expensive when compared to the industry. TGS is more expensive than 75.68% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.20, TGS is valued quite expensively.
TGS is valuated reasonably with a Price/Forward Earnings ratio of 11.92.
TGS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. TGS is more expensive than 64.86% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.70. TGS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 62.33 | ||
| Fwd PE | 11.92 |
4.2 Price Multiples
TGS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TGS is cheaper than 81.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.32 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
TGS's earnings are expected to grow with 22.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y9.91%
EPS Next 3Y22%
5. Dividend
5.1 Amount
TGS has a Yearly Dividend Yield of 8.60%, which is a nice return.
Compared to an average industry Dividend Yield of 6.75, TGS pays a better dividend. On top of this TGS pays more dividend than 83.78% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, TGS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.6% |
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
TGS pays out 463.13% of its income as dividend. This is not a sustainable payout ratio.
DP463.13%
EPS Next 2Y9.91%
EPS Next 3Y22%
OSL:TGS (9/18/2025, 1:34:09 PM)
73.55
+0.85 (+1.17%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners59.49%
Inst Owner ChangeN/A
Ins Owners0.97%
Ins Owner ChangeN/A
Market Cap14.46B
Analysts50.77
Price Target99.81 (35.7%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.6% |
Yearly Dividend5.54
Dividend Growth(5Y)-11.71%
DP463.13%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-179.26%
Min EPS beat(2)-286.02%
Max EPS beat(2)-72.5%
EPS beat(4)0
Avg EPS beat(4)-105.52%
Min EPS beat(4)-286.02%
Max EPS beat(4)-11.82%
EPS beat(8)1
Avg EPS beat(8)-202.48%
EPS beat(12)2
Avg EPS beat(12)-155.31%
EPS beat(16)3
Avg EPS beat(16)-213.04%
Revenue beat(2)1
Avg Revenue beat(2)-0.64%
Min Revenue beat(2)-19.07%
Max Revenue beat(2)17.79%
Revenue beat(4)2
Avg Revenue beat(4)0.34%
Min Revenue beat(4)-19.07%
Max Revenue beat(4)17.79%
Revenue beat(8)3
Avg Revenue beat(8)-1.84%
Revenue beat(12)4
Avg Revenue beat(12)-5.35%
Revenue beat(16)7
Avg Revenue beat(16)8.58%
PT rev (1m)-0.9%
PT rev (3m)-14.63%
EPS NQ rev (1m)-95.84%
EPS NQ rev (3m)-99.02%
EPS NY rev (1m)-74.66%
EPS NY rev (3m)-74.66%
Revenue NQ rev (1m)-9.11%
Revenue NQ rev (3m)-20.23%
Revenue NY rev (1m)-3.87%
Revenue NY rev (3m)-11.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 62.33 | ||
| Fwd PE | 11.92 | ||
| P/S | 0.83 | ||
| P/FCF | 4.32 | ||
| P/OCF | 1.66 | ||
| P/B | 0.75 | ||
| P/tB | 11.86 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.18
EY1.6%
EPS(NY)6.17
Fwd EY8.39%
FCF(TTM)17.04
FCFY23.17%
OCF(TTM)44.26
OCFY60.18%
SpS88.53
BVpS98.26
TBVpS6.2
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.65% | ||
| ROE | 1.27% | ||
| ROCE | 7.06% | ||
| ROIC | 5.43% | ||
| ROICexc | 5.78% | ||
| ROICexgc | 19.82% | ||
| OM | 11.02% | ||
| PM (TTM) | 1.41% | ||
| GM | 75.68% | ||
| FCFM | 19.25% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score4
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 2.59 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 30.75% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 1364.89% | ||
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 1.15 |
F-Score4
WACC8.38%
ROIC/WACC0.65
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)-50%
EPS 3YN/A
EPS 5Y-22.33%
EPS Q2Q%-214.81%
EPS Next Y-44.74%
EPS Next 2Y9.91%
EPS Next 3Y22%
EPS Next 5YN/A
Revenue 1Y (TTM)123.96%
Revenue growth 3Y36.47%
Revenue growth 5Y17.62%
Sales Q2Q%48.99%
Revenue Next Year-2.65%
Revenue Next 2Y0.32%
Revenue Next 3Y3.06%
Revenue Next 5YN/A
EBIT growth 1Y121.1%
EBIT growth 3Y-1.41%
EBIT growth 5Y3.1%
EBIT Next Year293.06%
EBIT Next 3Y62.84%
EBIT Next 5YN/A
FCF growth 1Y221.18%
FCF growth 3Y13.38%
FCF growth 5Y-1.21%
OCF growth 1Y124.14%
OCF growth 3Y25.56%
OCF growth 5Y2.32%