TGS ASA (TGS.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:TGS - NO0003078800 - Common Stock
95.8 NOK
+5.3 (+5.86%)
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. TGS has a bad profitability rating. Also its financial health evaluation is rather negative. 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.
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 1.29%, TGS is not doing good in the industry: 72.22% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 2.48%, TGS is doing worse than 72.22% of the companies in the same industry.
With a Return On Invested Capital value of 6.91%, TGS perfoms like the industry average, 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
The Profit Margin of TGS (2.84%) is worse than 66.67% of its industry peers.
TGS's Profit Margin has declined in the last couple of years.
The Operating Margin of TGS (14.42%) is comparable to the rest of the industry.
TGS's Operating Margin has declined in the last couple of years.
The Gross Margin of TGS (78.59%) is better than 91.67% of its industry peers.
TGS's Gross Margin has declined in the last couple of years.
| 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.
Compared to 1 year ago, TGS has more shares outstanding
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 1.34. This is a bad value and indicates that TGS is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.34, TGS perfoms like the industry average, outperforming 55.56% 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.
TGS's Debt to FCF ratio of 2.37 is fine compared to the rest of the industry. TGS outperforms 75.00% of its industry peers.
TGS has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
TGS's Debt to Equity ratio of 0.37 is fine compared to the rest of the industry. TGS outperforms 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 2.37 | ||
| Altman-Z | 1.34 |
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: 88.89% 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's Quick ratio of 0.68 is on the low side compared to the rest of the industry. TGS is outperformed by 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
TGS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.11%.
The earnings per share for TGS have been decreasing by -22.33% on average. This is quite bad
Looking at the last year, TGS shows a very strong growth in Revenue. The Revenue has grown by 71.64%.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 39.59 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.
Compared to an average S&P500 Price/Earnings ratio of 27.19, TGS is valued a bit more expensive.
The Price/Forward Earnings ratio is 18.14, which indicates a rather expensive current valuation of TGS.
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 23.88. TGS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.59 | ||
| Fwd PE | 18.14 |
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 | 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 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 7.05%, which is a nice return.
Compared to an average industry Dividend Yield of 3.89, TGS pays a bit more dividend than its industry peers.
TGS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.05% |
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 2Y0.26%
EPS Next 3Y14.73%
OSL:TGS (1/9/2026, 7:00:00 PM)
95.8
+5.3 (+5.86%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners64.17%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap18.83B
Revenue(TTM)1.75B
Net Income(TTM)49.50M
Analysts49.23
Price Target102.73 (7.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.05% |
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)0%
PT rev (3m)3.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.92%
EPS NY rev (1m)0%
EPS NY rev (3m)144.44%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.59 | ||
| Fwd PE | 18.14 | ||
| P/S | 1.07 | ||
| P/FCF | 5.1 | ||
| P/OCF | 2.16 | ||
| P/B | 0.93 | ||
| P/tB | 10.69 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.42
EY2.53%
EPS(NY)5.28
Fwd EY5.51%
FCF(TTM)18.79
FCFY19.61%
OCF(TTM)44.34
OCFY46.29%
SpS89.68
BVpS102.73
TBVpS8.96
PEG (NY)N/A
PEG (5Y)N/A
Graham Number74.79
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 | 1.34 |
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-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.
What is the valuation status of TGS ASA (TGS.OL) stock?
ChartMill assigns a valuation rating of 2 / 10 to TGS ASA (TGS.OL). This can be considered as Overvalued.
Can you provide the profitability details for TGS ASA?
TGS ASA (TGS.OL) has a profitability rating of 3 / 10.
What is the valuation of TGS ASA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TGS ASA (TGS.OL) is 39.59 and the Price/Book (PB) ratio is 0.93.
Can you provide the dividend sustainability for TGS stock?
The dividend rating of TGS ASA (TGS.OL) is 4 / 10 and the dividend payout ratio is 239.94%.