TGS ASA (TGS.OL) Stock Fundamental Analysis
Europe - OSL:TGS - NO0003078800 - Common Stock
91.7 NOK
+2.05 (+2.29%)
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 has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, TGS is valued expensive at the moment.
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.
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
The Return On Assets of TGS (1.29%) is worse than 67.57% of its industry peers.
Looking at the Return On Equity, with a value of 2.48%, TGS is doing worse than 67.57% of the companies in the same industry.
TGS has a Return On Invested Capital of 6.91%. This is comparable to the rest of the industry: TGS outperforms 45.95% of its industry peers.
TGS had an Average Return On Invested Capital over the past 3 years of 5.85%. This is below the industry average of 10.66%.
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
TGS has a Profit Margin of 2.84%. This is in the lower half of the industry: TGS underperforms 64.86% 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 in line with its industry peers.
TGS's Operating Margin has declined in the last couple of years.
TGS's Gross Margin of 78.59% is amongst the best of the industry. TGS outperforms 91.89% 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
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
TGS has a worse debt/assets ratio than last year.
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.
The Altman-Z score of TGS (1.34) is comparable to the rest of the 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 75.68% 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.
Looking at the Debt to Equity ratio, with a value of 0.37, TGS is in the better half of the industry, outperforming 62.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 2.37 | ||
| Altman-Z | 1.34 |
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.
With a Current 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.
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.
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.
The earnings per share for TGS have been decreasing by -22.33% on average. This is quite bad
The Revenue has grown by 71.64% in the past year. This is a very strong growth!
The Revenue has been growing by 17.62% on average over the past years. This is quite good.
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 13.99% yearly.
The Revenue is expected to decrease by -0.27% on average over the next years.
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
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 37.43 indicates a quite expensive valuation of TGS.
70.27% 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 25.83. TGS is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 17.14, the valuation of TGS can be described as rather expensive.
TGS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. TGS is more expensive than 64.86% of the companies in the same industry.
TGS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 32.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.43 | ||
| Fwd PE | 17.14 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TGS indicates a somewhat cheap valuation: TGS is cheaper than 75.68% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.84 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
TGS's earnings are expected to grow with 13.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.5%
EPS Next 3Y13.99%
5. Dividend
5.1 Amount
TGS has a Yearly Dividend Yield of 7.21%, which is a nice return.
Compared to an average industry Dividend Yield of 7.57, TGS pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, TGS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.21% |
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 2Y0.5%
EPS Next 3Y13.99%
OSL:TGS (11/7/2025, 7:00:00 PM)
91.7
+2.05 (+2.29%)
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 Cap18.03B
Revenue(TTM)1.75B
Net Income(TTM)49.50M
Analysts49.23
Price Target102.73 (12.03%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.21% |
Yearly Dividend5.71
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)-1.68%
Revenue NQ rev (3m)-9.54%
Revenue NY rev (1m)1.04%
Revenue NY rev (3m)-2.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.43 | ||
| Fwd PE | 17.14 | ||
| P/S | 1.01 | ||
| P/FCF | 4.84 | ||
| P/OCF | 2.05 | ||
| P/B | 0.88 | ||
| P/tB | 10.15 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.45
EY2.67%
EPS(NY)5.35
Fwd EY5.84%
FCF(TTM)18.95
FCFY20.67%
OCF(TTM)44.73
OCFY48.78%
SpS90.46
BVpS103.62
TBVpS9.04
PEG (NY)N/A
PEG (5Y)N/A
Graham Number75.58
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
WACC8.45%
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 4 / 10 to TGS.OL.
Can you provide the valuation status for TGS ASA?
ChartMill assigns a valuation rating of 3 / 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 37.43 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.