TGS ASA (TGS.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:TGS - NO0003078800 - Common Stock
91.55 NOK
-0.45 (-0.49%)
Taking everything into account, TGS scores 3 out of 10 in our fundamental rating. TGS was compared to 37 industry peers in the Energy Equipment & Services industry. Both the profitability and financial health of TGS have multiple concerns. TGS is valied quite expensively at the moment, while 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.
In multiple years TGS reported negative net income over the last 5 years.
In the past 5 years TGS always reported a positive cash flow from operatings.
1.2 Ratios
TGS's Return On Assets of 1.29% is on the low side compared to the rest of the industry. TGS is outperformed by 72.97% of its industry peers.
TGS's Return On Equity of 2.48% is on the low side compared to the rest of the industry. TGS is outperformed by 72.97% of its industry peers.
TGS has a Return On Invested Capital (6.91%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for TGS is significantly below the industry average of 10.92%.
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
The Profit Margin of TGS (2.84%) is worse than 67.57% of its industry peers.
In the last couple of years the Profit Margin of TGS has declined.
TGS has a Operating Margin (14.42%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of TGS has declined.
With an excellent Gross Margin value of 78.59%, TGS belongs to the best of the industry, outperforming 91.89% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TGS is destroying value.
Compared to 1 year ago, TGS has more shares outstanding
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 1.35, we must say that TGS is in the distress zone and has some risk of bankruptcy.
TGS has a Altman-Z score (1.35) which is in line with 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.
TGS has a Debt to FCF ratio of 2.37. This is in the better half of the industry: TGS outperforms 75.68% 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 has a better Debt to Equity ratio (0.37) than 62.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 2.37 | ||
| Altman-Z | 1.35 |
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 89.19% of the companies in the same industry.
A Quick Ratio of 0.68 indicates that TGS may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.68, TGS is doing worse than 89.19% of the companies in the same industry.
| 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.
The earnings per share for TGS have been decreasing by -22.33% on average. This is quite bad
TGS shows a strong growth in Revenue. In the last year, the Revenue has grown by 71.64%.
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)-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.
TGS is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.27% yearly.
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
TGS is valuated quite expensively with a Price/Earnings ratio of 37.83.
Based on the Price/Earnings ratio, TGS is valued a bit more expensive than 72.97% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.54. TGS is valued slightly more expensive when compared to this.
With a Price/Forward Earnings ratio of 17.35, TGS is valued on the expensive side.
Based on the Price/Forward Earnings ratio, TGS is valued a bit more expensive than the industry average as 72.97% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of TGS to the average of the S&P500 Index (23.78), we can say TGS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.83 | ||
| Fwd PE | 17.35 |
4.2 Price Multiples
70.27% 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 | 4.88 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
TGS's earnings are expected to grow with 14.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.26%
EPS Next 3Y14.73%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.28%, TGS is a good candidate for dividend investing.
TGS's Dividend Yield is a higher than the industry average which is at 7.46.
Compared to an average S&P500 Dividend Yield of 2.27, TGS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.28% |
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 (12/12/2025, 7:00:00 PM)
91.55
-0.45 (-0.49%)
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 Cap18.00B
Revenue(TTM)1.75B
Net Income(TTM)49.50M
Analysts49.23
Price Target102.73 (12.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.28% |
Yearly Dividend5.65
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)6.52%
EPS NQ rev (3m)-3.92%
EPS NY rev (1m)-14.29%
EPS NY rev (3m)-22.67%
Revenue NQ rev (1m)-0.45%
Revenue NQ rev (3m)-3.74%
Revenue NY rev (1m)0.71%
Revenue NY rev (3m)1.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.83 | ||
| Fwd PE | 17.35 | ||
| P/S | 1.02 | ||
| P/FCF | 4.88 | ||
| P/OCF | 2.07 | ||
| P/B | 0.89 | ||
| P/tB | 10.22 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.42
EY2.64%
EPS(NY)5.28
Fwd EY5.76%
FCF(TTM)18.78
FCFY20.51%
OCF(TTM)44.31
OCFY48.4%
SpS89.62
BVpS102.66
TBVpS8.95
PEG (NY)N/A
PEG (5Y)N/A
Graham Number74.76
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 | 1.35 |
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 37.83 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.