TGS ASA (TGS.OL) Stock Fundamental Analysis
Europe - OSL:TGS - NO0003078800 - Common Stock
88.5 NOK
-1.5 (-1.67%)
TGS gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 36 industry peers in the Energy Equipment & Services industry. Both the profitability and financial health of TGS have multiple concerns. TGS is quite expensive at the moment. 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.
The reported net income has been mixed in the past 5 years: TGS reported negative net income in multiple years.
In the past 5 years TGS always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 0.65%, TGS is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
The Return On Equity of TGS (1.27%) is worse than 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.43%, TGS is doing worse than 63.89% of the companies in the same industry.
TGS had an Average Return On Invested Capital over the past 3 years of 5.85%. This is below the industry average of 10.49%.
| 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
Looking at the Profit Margin, with a value of 1.41%, TGS is doing worse than 66.67% of the companies in the same industry.
In the last couple of years the Profit Margin of TGS has declined.
TGS has a Operating Margin of 11.02%. This is comparable to the rest of the industry: TGS outperforms 44.44% of its industry peers.
In the last couple of years the Operating Margin of TGS has declined.
TGS has a better Gross Margin (75.68%) than 91.67% of its industry peers.
TGS's Gross Margin has declined in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TGS is destroying value.
The number of shares outstanding for TGS has been increased compared to 1 year ago.
Compared to 5 years ago, TGS has more shares outstanding
Compared to 1 year ago, TGS has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.24, we must say that TGS is in the distress zone and has some risk of bankruptcy.
TGS has a Altman-Z score (1.24) 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.
TGS's Debt to FCF ratio of 2.59 is fine compared to the rest of the industry. TGS outperforms 77.78% of its industry peers.
TGS has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
TGS's Debt to Equity ratio of 0.38 is fine compared to the rest of the industry. TGS outperforms 63.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 2.59 | ||
| Altman-Z | 1.24 |
ROIC/WACC0.64
WACC8.45%
2.3 Liquidity
TGS has a Current Ratio of 0.64. This is a bad value and indicates that TGS is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.64, TGS is doing worse than 88.89% of the companies in the same industry.
TGS has a Quick Ratio of 0.64. This is a bad value and indicates that TGS is not financially healthy enough and could expect problems in meeting its short term obligations.
TGS has a worse Quick ratio (0.64) than 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
The earnings per share for TGS have decreased strongly by -50.00% 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.
Looking at the last year, TGS shows a very strong growth in Revenue. The Revenue has grown by 123.96%.
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)-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 23.08% yearly.
The Revenue is expected to grow by 2.70% on average over the next years.
EPS Next Y-82.52%
EPS Next 2Y7.28%
EPS Next 3Y23.08%
EPS Next 5YN/A
Revenue Next Year-2.71%
Revenue Next 2Y-0.28%
Revenue Next 3Y2.7%
Revenue Next 5YN/A
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
A Price/Earnings ratio of 73.75 indicates a quite expensive valuation of TGS.
Compared to the rest of the industry, the Price/Earnings ratio of TGS indicates a slightly more expensive valuation: TGS is more expensive than 69.44% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.89, TGS is valued quite expensively.
TGS is valuated correctly with a Price/Forward Earnings ratio of 14.78.
Based on the Price/Forward Earnings ratio, TGS is valued a bit more expensive than 75.00% of the companies in the same industry.
TGS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 73.75 | ||
| Fwd PE | 14.78 |
4.2 Price Multiples
75.00% of the companies in the same industry are more expensive than TGS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.1 | ||
| 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 23.08% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.28%
EPS Next 3Y23.08%
5. Dividend
5.1 Amount
TGS has a Yearly Dividend Yield of 7.18%, which is a nice return.
Compared to an average industry Dividend Yield of 7.20, TGS pays a better dividend. On top of this TGS pays more dividend than 80.56% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, TGS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.18% |
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
463.13% of the earnings are spent on dividend by TGS. This is not a sustainable payout ratio.
DP463.13%
EPS Next 2Y7.28%
EPS Next 3Y23.08%
OSL:TGS (10/24/2025, 7:00:00 PM)
88.5
-1.5 (-1.67%)
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 Cap17.40B
Revenue(TTM)1.77B
Net Income(TTM)24.99M
Analysts46.67
Price Target98.79 (11.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.18% |
Yearly Dividend5.6
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)-1.02%
PT rev (3m)-8.08%
EPS NQ rev (1m)600.6%
EPS NQ rev (3m)-85.86%
EPS NY rev (1m)0%
EPS NY rev (3m)-91.98%
Revenue NQ rev (1m)6.42%
Revenue NQ rev (3m)-6.58%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-11.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 73.75 | ||
| Fwd PE | 14.78 | ||
| P/S | 0.98 | ||
| P/FCF | 5.1 | ||
| P/OCF | 1.96 | ||
| P/B | 0.88 | ||
| P/tB | 14.01 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.2
EY1.36%
EPS(NY)5.99
Fwd EY6.77%
FCF(TTM)17.36
FCFY19.61%
OCF(TTM)45.09
OCFY50.95%
SpS90.19
BVpS100.1
TBVpS6.32
PEG (NY)N/A
PEG (5Y)N/A
Graham Number51.99
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
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-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 | 1.24 |
F-Score4
WACC8.45%
ROIC/WACC0.64
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-82.52%
EPS Next 2Y7.28%
EPS Next 3Y23.08%
EPS Next 5YN/A
Revenue 1Y (TTM)123.96%
Revenue growth 3Y36.47%
Revenue growth 5Y17.62%
Sales Q2Q%48.99%
Revenue Next Year-2.71%
Revenue Next 2Y-0.28%
Revenue Next 3Y2.7%
Revenue Next 5YN/A
EBIT growth 1Y121.1%
EBIT growth 3Y-1.41%
EBIT growth 5Y3.1%
EBIT Next Year228.28%
EBIT Next 3Y55.93%
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%
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 73.75 and the Price/Book (PB) ratio is 0.88.
What is the financial health of TGS ASA (TGS.OL) stock?
The financial health rating of TGS ASA (TGS.OL) is 3 / 10.