TGS ASA (TGS.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:TGS - NO0003078800 - Common Stock
90.85 NOK
+2.35 (+2.66%)
Taking everything into account, TGS scores 3 out of 10 in our fundamental rating. TGS was compared to 36 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.
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.
TGS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TGS has a worse Return On Assets (1.29%) than 72.22% of its industry peers.
TGS has a Return On Equity of 2.48%. This is in the lower half of the industry: TGS underperforms 72.22% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.91%, TGS is in line with its industry, outperforming 50.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TGS is below the industry average of 10.82%.
The 3 year average ROIC (5.85%) for TGS is below the current ROIC(6.91%), indicating increased profibility in the last year.
| 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 66.67% of the companies in the same industry.
TGS's Profit Margin has declined in the last couple of years.
TGS has a Operating Margin (14.42%) 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 78.59%. This is amongst the best in the industry. TGS outperforms 91.67% of its industry peers.
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.
The number of shares outstanding for TGS has been increased compared to 1 year ago.
TGS has more shares outstanding than it did 5 years ago.
TGS has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.33, we must say that TGS is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.33, TGS is in line with its industry, outperforming 55.56% of the companies in the same industry.
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.
Looking at the Debt to FCF ratio, with a value of 2.37, TGS is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
A Debt/Equity ratio of 0.37 indicates that TGS is not too dependend on debt financing.
TGS has a better Debt to Equity ratio (0.37) than 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 2.37 | ||
| Altman-Z | 1.33 |
ROIC/WACC0.82
WACC8.45%
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.
Looking at the Current ratio, with a value of 0.68, TGS is doing worse than 88.89% of the companies in the same industry.
TGS has a Quick 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.
TGS has a worse Quick ratio (0.68) than 88.89% 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.
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
TGS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.73% yearly.
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-57.27%
EPS Next 2Y0.26%
EPS Next 3Y14.73%
EPS Next 5YN/A
Revenue Next Year-1.01%
Revenue Next 2Y-3.27%
Revenue Next 3Y0.5%
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.
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 37.85 indicates a quite expensive valuation of TGS.
72.22% of the companies in the same industry are cheaper than TGS, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.84. TGS is valued slightly more expensive when compared to this.
TGS is valuated rather expensively with a Price/Forward Earnings ratio of 17.36.
72.22% of the companies in the same industry are cheaper than TGS, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.40. TGS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.85 | ||
| Fwd PE | 17.36 |
4.2 Price Multiples
TGS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TGS is cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.88 | ||
| 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 14.73% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.26%
EPS Next 3Y14.73%
5. Dividend
5.1 Amount
TGS has a Yearly Dividend Yield of 7.30%, which is a nice return.
TGS's Dividend Yield is a higher than the industry average which is at 3.96.
Compared to an average S&P500 Dividend Yield of 2.00, TGS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.3% |
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 2Y0.26%
EPS Next 3Y14.73%
OSL:TGS (12/29/2025, 4:25:30 PM)
90.85
+2.35 (+2.66%)
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 Cap17.86B
Revenue(TTM)1.75B
Net Income(TTM)49.50M
Analysts49.23
Price Target102.73 (13.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.3% |
Yearly Dividend5.61
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)0%
PT rev (3m)2.92%
EPS NQ rev (1m)8.89%
EPS NQ rev (3m)-3.92%
EPS NY rev (1m)-14.29%
EPS NY rev (3m)144.44%
Revenue NQ rev (1m)-0.45%
Revenue NQ rev (3m)-3.74%
Revenue NY rev (1m)0.71%
Revenue NY rev (3m)1.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.85 | ||
| Fwd PE | 17.36 | ||
| P/S | 1.02 | ||
| P/FCF | 4.88 | ||
| P/OCF | 2.07 | ||
| P/B | 0.89 | ||
| P/tB | 10.23 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.4
EY2.64%
EPS(NY)5.23
Fwd EY5.76%
FCF(TTM)18.63
FCFY20.5%
OCF(TTM)43.96
OCFY48.39%
SpS88.91
BVpS101.84
TBVpS8.88
PEG (NY)N/A
PEG (5Y)N/A
Graham Number74.16
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 | 1.33 |
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-57.27%
EPS Next 2Y0.26%
EPS Next 3Y14.73%
EPS Next 5YN/A
Revenue 1Y (TTM)71.64%
Revenue growth 3Y36.47%
Revenue growth 5Y17.62%
Sales Q2Q%-5.92%
Revenue Next Year-1.01%
Revenue Next 2Y-3.27%
Revenue Next 3Y0.5%
Revenue Next 5Y-0.27%
EBIT growth 1Y112.02%
EBIT growth 3Y-1.41%
EBIT growth 5Y3.1%
EBIT Next Year255.46%
EBIT Next 3Y53.73%
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 37.85 and the Price/Book (PB) ratio is 0.89.
What is the financial health of TGS ASA (TGS.OL) stock?
The financial health rating of TGS ASA (TGS.OL) is 3 / 10.