TGS ASA (TGS.OL) Stock Fundamental Analysis
Europe - OSL:TGS - NO0003078800 - Common Stock
92.4 NOK
-0.62 (-0.67%)
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 quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year TGS was profitable.
TGS had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: TGS reported negative net income in multiple 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 1.29%, TGS is doing worse than 70.27% of the companies in the same industry.
TGS has a Return On Equity of 2.48%. This is in the lower half of the industry: TGS underperforms 70.27% of its industry peers.
TGS has a Return On Invested Capital (6.91%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital 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
Looking at the Profit Margin, with a value of 2.84%, TGS is doing worse than 67.57% of the companies in the same industry.
TGS's Profit Margin has declined in the last couple of years.
TGS's Operating Margin of 14.42% is in line compared to the rest of the industry. TGS outperforms 48.65% of 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TGS 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.
Compared to 1 year ago, TGS has a worse debt to assets ratio.
2.2 Solvency
TGS has an Altman-Z score of 1.36. This is a bad value and indicates that TGS is not financially healthy and even has some risk of bankruptcy.
TGS's Altman-Z score of 1.36 is in line compared to the rest of the industry. TGS outperforms 51.35% of its industry peers.
The Debt to FCF ratio of TGS is 2.37, which is a good value as it means it would take TGS, 2.37 years of fcf income to pay off 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.
A Debt/Equity ratio of 0.37 indicates that TGS is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.37, TGS is doing good in 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 | 1.36 |
ROIC/WACC0.82
WACC8.45%
2.3 Liquidity
A Current Ratio of 0.68 indicates that TGS may have some problems paying its short term obligations.
The Current ratio of TGS (0.68) is worse than 89.19% of its industry peers.
A Quick Ratio of 0.68 indicates that TGS may have some problems paying its short term obligations.
With a Quick 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.
| 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.
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 71.64% in the past year. This is a very strong growth!
Measured over the past years, TGS shows a quite strong growth in Revenue. The Revenue has been growing by 17.62% on average per year.
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
The Earnings Per Share is expected to grow by 13.99% on average over the next years. This is quite good.
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
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 38.02, the valuation of TGS can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of TGS indicates a slightly more expensive valuation: TGS is more expensive than 70.27% of the companies listed in the same industry.
TGS's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.51.
TGS is valuated rather expensively with a Price/Forward Earnings ratio of 17.38.
TGS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. TGS is more expensive than 70.27% of the companies in the same industry.
TGS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.02 | ||
| Fwd PE | 17.38 |
4.2 Price Multiples
TGS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TGS is cheaper than 72.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.91 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as TGS's earnings are expected to grow with 13.99% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.5%
EPS Next 3Y13.99%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.72%, TGS is a good candidate for dividend investing.
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
TGS pays out 239.94% of its income as dividend. This is not a sustainable payout ratio.
DP239.94%
EPS Next 2Y0.5%
EPS Next 3Y13.99%
OSL:TGS (11/19/2025, 4:26:15 PM)
92.4
-0.62 (-0.67%)
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 Cap18.17B
Revenue(TTM)1.75B
Net Income(TTM)49.50M
Analysts49.23
Price Target102.73 (11.18%)
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 | 38.02 | ||
| Fwd PE | 17.38 | ||
| P/S | 1.03 | ||
| P/FCF | 4.91 | ||
| P/OCF | 2.08 | ||
| P/B | 0.9 | ||
| P/tB | 10.29 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.43
EY2.63%
EPS(NY)5.32
Fwd EY5.75%
FCF(TTM)18.83
FCFY20.38%
OCF(TTM)44.44
OCFY48.1%
SpS89.87
BVpS102.95
TBVpS8.98
PEG (NY)N/A
PEG (5Y)N/A
Graham Number75.03
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 | 1.36 |
F-Score6
WACC8.45%
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 38.02 and the Price/Book (PB) ratio is 0.9.
What is the financial health of TGS ASA (TGS.OL) stock?
The financial health rating of TGS ASA (TGS.OL) is 3 / 10.