View Future GrowthS.N.T.G.N. Transgaz 過去の業績過去 基準チェック /56S.N.T.G.N. Transgazは、平均年間38.4%の収益成長を遂げていますが、 Gas Utilities業界の収益は、年間 成長しています。収益は、平均年間3.1% 12.1%収益成長率で 成長しています。 S.N.T.G.N. Transgazの自己資本利益率は17.4%であり、純利益率は19.5%です。主要情報38.41%収益成長率38.41%EPS成長率Gas Utilities 業界の成長8.12%収益成長率12.07%株主資本利益率17.40%ネット・マージン19.53%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Apr 26Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: RON4.55 (up from RON2.15 in FY 2024). Revenue: RON4.39b (up 2.4% from FY 2024). Net income: RON857.8m (up 112% from FY 2024). Profit margin: 20% (up from 9.4% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 7.9%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 21S.N.T.G.N. Transgaz S.A. to Report Fiscal Year 2025 Final Results on Apr 21, 2026S.N.T.G.N. Transgaz S.A. announced that they will report fiscal year 2025 final results on Apr 21, 2026Reported Earnings • Mar 05Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: RON4.77 (up from RON2.15 in FY 2024). Revenue: RON4.53b (up 5.6% from FY 2024). Net income: RON874.9m (up 117% from FY 2024). Profit margin: 19% (up from 9.4% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 7.9%. Revenue is forecast to stay flat during the next 3 years compared to a 1.5% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Nov 22S.N.T.G.N. Transgaz's (BVB:TGN) Earnings Are Weaker Than They SeemDespite posting some strong earnings, the market for S.N.T.G.N. Transgaz S.A.'s ( BVB:TGN ) stock hasn't moved much...Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: RON0.87 (vs RON0.15 loss in 3Q 2024)Third quarter 2025 results: EPS: RON0.87 (up from RON0.15 loss in 3Q 2024). Revenue: RON895.6m (down 16% from 3Q 2024). Net income: RON163.1m (up RON192.1m from 3Q 2024). Profit margin: 18% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: RON0.019 (vs RON0.37 loss in 2Q 2024)Second quarter 2025 results: EPS: RON0.019 (up from RON0.37 loss in 2Q 2024). Revenue: RON915.2m (up 3.7% from 2Q 2024). Net income: RON3.52m (up RON74.0m from 2Q 2024). Profit margin: 0.4% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.5% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.すべての更新を表示Recent updatesBuy Or Sell Opportunity • May 04Now 20% undervaluedOver the last 90 days, the stock has risen 8.7% to RON86.20. The fair value is estimated to be RON108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 0.2% per annum. Earnings are forecast to decline by 2.6% per annum over the same time period.Reported Earnings • Apr 26Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: RON4.55 (up from RON2.15 in FY 2024). Revenue: RON4.39b (up 2.4% from FY 2024). Net income: RON857.8m (up 112% from FY 2024). Profit margin: 20% (up from 9.4% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 7.9%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Apr 23Dividend increased to RON2.13Dividend of RON2.13 is 97% higher than last year. Ex-date: 1st July 2026 Payment date: 21st July 2026 Dividend yield will be 2.4%, which is lower than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 28% over the next 2 years. However, it would need to fall by 75% to increase the payout ratio to a potentially unsustainable range.お知らせ • Apr 22S.N.T.G.N. Transgaz S.A. announces Annual dividend, payable on July 21, 2026S.N.T.G.N. Transgaz S.A. announced Annual dividend of RON 2.1300 per share payable on July 21, 2026, ex-date on July 01, 2026 and record date on July 02, 2026.お知らせ • Apr 21S.N.T.G.N. Transgaz S.A. to Report Fiscal Year 2025 Final Results on Apr 21, 2026S.N.T.G.N. Transgaz S.A. announced that they will report fiscal year 2025 final results on Apr 21, 2026Reported Earnings • Mar 05Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: RON4.77 (up from RON2.15 in FY 2024). Revenue: RON4.53b (up 5.6% from FY 2024). Net income: RON874.9m (up 117% from FY 2024). Profit margin: 19% (up from 9.4% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 7.9%. Revenue is forecast to stay flat during the next 3 years compared to a 1.5% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to RON94.90, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Gas Utilities industry in Europe. Total returns to shareholders of 427% over the past three years.分析記事 • Jan 20Bullish: This Analyst Just Lifted Their S.N.T.G.N. Transgaz S.A. (BVB:TGN) Outlook For Next YearCelebrations may be in order for S.N.T.G.N. Transgaz S.A. ( BVB:TGN ) shareholders, with the covering analyst...お知らせ • Jan 20S.N.T.G.N. Transgaz S.A., Annual General Meeting, May 26, 2026S.N.T.G.N. Transgaz S.A., Annual General Meeting, May 26, 2026.分析記事 • Jan 14Subdued Growth No Barrier To S.N.T.G.N. Transgaz S.A. (BVB:TGN) With Shares Advancing 25%Despite an already strong run, S.N.T.G.N. Transgaz S.A. ( BVB:TGN ) shares have been powering on, with a gain of 25% in...Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to RON78.40, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 14x in the Gas Utilities industry in Europe. Total returns to shareholders of 378% over the past three years.分析記事 • Dec 14Returns Are Gaining Momentum At S.N.T.G.N. Transgaz (BVB:TGN)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...分析記事 • Nov 22S.N.T.G.N. Transgaz's (BVB:TGN) Earnings Are Weaker Than They SeemDespite posting some strong earnings, the market for S.N.T.G.N. Transgaz S.A.'s ( BVB:TGN ) stock hasn't moved much...Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: RON0.87 (vs RON0.15 loss in 3Q 2024)Third quarter 2025 results: EPS: RON0.87 (up from RON0.15 loss in 3Q 2024). Revenue: RON895.6m (down 16% from 3Q 2024). Net income: RON163.1m (up RON192.1m from 3Q 2024). Profit margin: 18% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Nov 12What S.N.T.G.N. Transgaz S.A.'s (BVB:TGN) P/E Is Not Telling YouWith a median price-to-earnings (or "P/E") ratio of close to 15x in Romania, you could be forgiven for feeling...Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RON56.00, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 12x in the Gas Utilities industry in Europe. Total returns to shareholders of 327% over the past three years.Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: RON0.019 (vs RON0.37 loss in 2Q 2024)Second quarter 2025 results: EPS: RON0.019 (up from RON0.37 loss in 2Q 2024). Revenue: RON915.2m (up 3.7% from 2Q 2024). Net income: RON3.52m (up RON74.0m from 2Q 2024). Profit margin: 0.4% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.5% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to RON49.20, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Gas Utilities industry in Europe. Total returns to shareholders of 248% over the past three years.分析記事 • Aug 08S.N.T.G.N. Transgaz S.A. (BVB:TGN) Shares Fly 26% But Investors Aren't Buying For GrowthBVB:TGN 1 Year Share Price vs Fair Value Explore S.N.T.G.N. Transgaz's Fair Values from the Community and select yours...Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to RON41.80, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 12x in the Gas Utilities industry in Europe. Total returns to shareholders of 212% over the past three years.分析記事 • Jul 21We Think S.N.T.G.N. Transgaz (BVB:TGN) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Jun 30Here's What To Make Of S.N.T.G.N. Transgaz's (BVB:TGN) Decelerating Rates Of ReturnIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Upcoming Dividend • Jun 17Upcoming dividend of RON1.08 per shareEligible shareholders must have bought the stock before 24 June 2025. Payment date: 16 July 2025. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Romanian dividend payers (6.5%). Lower than average of industry peers (5.8%).Reported Earnings • May 05Full year 2024 earnings released: EPS: RON2.15 (vs RON1.04 in FY 2023)Full year 2024 results: EPS: RON2.15 (up from RON1.04 in FY 2023). Revenue: RON4.29b (up 87% from FY 2023). Net income: RON404.1m (up 106% from FY 2023). Profit margin: 9.4% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.7% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 30Market Cool On S.N.T.G.N. Transgaz S.A.'s (BVB:TGN) EarningsWith a median price-to-earnings (or "P/E") ratio of close to 16x in Romania, you could be forgiven for feeling...Declared Dividend • Mar 27Dividend increased to RON1.08Dividend of RON1.08 is 209% higher than last year. Ex-date: 24th June 2025 Payment date: 16th July 2025 Dividend yield will be 3.7%, which is lower than the industry average of 4.4%.お知らせ • Mar 26S.N.T.G.N. Transgaz S.A. announces Annual dividend, payable on July 16, 2025S.N.T.G.N. Transgaz S.A. announced Annual dividend of RON 1.0800 per share payable on July 16, 2025, ex-date on June 24, 2025 and record date on June 25, 2025.分析記事 • Mar 08There May Be Underlying Issues With The Quality Of S.N.T.G.N. Transgaz's (BVB:TGN) EarningsDespite posting some strong earnings, the market for S.N.T.G.N. Transgaz S.A.'s ( BVB:TGN ) stock hasn't moved much. We...New Risk • Mar 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). High level of non-cash earnings (22% accrual ratio).分析記事 • Feb 11Is S.N.T.G.N. Transgaz (BVB:TGN) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Dec 26Investors Still Waiting For A Pull Back In S.N.T.G.N. Transgaz S.A. (BVB:TGN)When close to half the companies in Romania have price-to-earnings ratios (or "P/E's") below 12x, you may consider...New Risk • Nov 24New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 51% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.1% per year over the past 5 years. Minor Risk High level of debt (51% net debt to equity).Reported Earnings • Aug 20Second quarter 2024 earnings released: RON0.43 loss per share (vs RON0.27 loss in 2Q 2023)Second quarter 2024 results: RON0.43 loss per share (further deteriorated from RON0.27 loss in 2Q 2023). Revenue: RON910.0m (up 138% from 2Q 2023). Net loss: RON81.9m (loss widened 60% from 2Q 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year.分析記事 • Aug 06S.N.T.G.N. Transgaz (BVB:TGN) Will Be Hoping To Turn Its Returns On Capital AroundWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Upcoming Dividend • Jun 20Upcoming dividend of RON0.35 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 18 July 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Romanian dividend payers (7.3%). Lower than average of industry peers (7.2%).Buy Or Sell Opportunity • May 22Now 20% undervaluedOver the last 90 days, the stock has risen 9.9% to RON21.10. The fair value is estimated to be RON26.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.分析記事 • May 21S.N.T.G.N. Transgaz S.A. (BVB:TGN) Doing What It Can To Lift SharesS.N.T.G.N. Transgaz S.A.'s ( BVB:TGN ) price-to-earnings (or "P/E") ratio of 13.4x might make it look like a buy right...Reported Earnings • May 19First quarter 2024 earnings released: EPS: RON1.37 (vs RON0.66 in 1Q 2023)First quarter 2024 results: EPS: RON1.37 (up from RON0.66 in 1Q 2023). Revenue: RON993.0m (up 50% from 1Q 2023). Net income: RON257.6m (up 108% from 1Q 2023). Profit margin: 26% (up from 19% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 03Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: RON0.90 (down from RON1.87 in FY 2022). Revenue: RON2.41b (down 15% from FY 2022). Net income: RON169.3m (down 52% from FY 2022). Profit margin: 7.0% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 2.3%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jan 10Price target increased by 22% to RON21.26Up from RON17.40, the current price target is provided by 1 analyst. New target price is 11% above last closing price of RON19.18. Stock is up 2.8% over the past year. The company is forecast to post earnings per share of RON0.87 for next year compared to RON1.87 last year.Major Estimate Revision • Jan 10Consensus revenue estimates increase by 13%The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from RON1.93b to RON2.17b. EPS estimate increased from RON0.296 to RON0.87 per share. Net income forecast to grow 56% next year vs 25% growth forecast for Gas Utilities industry in Romania. Consensus price target up from RON17.40 to RON21.26. Share price rose 2.0% to RON19.18 over the past week.Reported Earnings • Nov 16Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: RON431.0m (down 28% from 3Q 2022). Net loss: RON34.5m (down 138% from profit in 3Q 2022). Revenue is forecast to stay flat during the next 2 years compared to a 2.5% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.New Risk • Aug 20New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 20Second quarter 2023 earnings released: RON0.27 loss per share (vs RON0.43 loss in 2Q 2022)Second quarter 2023 results: RON0.27 loss per share (improved from RON0.43 loss in 2Q 2022). Revenue: RON396.4m (down 28% from 2Q 2022). Net loss: RON51.2m (loss narrowed 37% from 2Q 2022). Revenue is forecast to decline by 6.9% p.a. on average during the next 2 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Price Target Changed • Aug 16Price target increased by 1,500% to RON278Up from RON17.38, the current price target is provided by 1 analyst. New target price is 1,457% above last closing price of RON17.86. Stock is up 14% over the past year. The company is forecast to post earnings per share of RON0.30 for next year compared to RON1.87 last year.Upcoming Dividend • Jun 20Upcoming dividend of RON0.70 per share at 0.2% yieldEligible shareholders must have bought the stock before 27 June 2023. Payment date: 19 July 2023. Payout ratio is a comfortable 3.8% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Romanian dividend payers (7.7%). Lower than average of industry peers (7.3%).分析記事 • Jun 09Does S.N.T.G.N. Transgaz (BVB:TGN) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • May 02Full year 2022 earnings released: EPS: RON1.87 (vs RON0.95 in FY 2021)Full year 2022 results: EPS: RON1.87 (up from RON0.95 in FY 2021). Revenue: RON2.85b (up 15% from FY 2021). Net income: RON351.9m (up 98% from FY 2021). Profit margin: 12% (up from 7.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 13% p.a. on average during the next 2 years compared to a 5.3% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Mar 01Full year 2022 earnings released: EPS: RON1.88 (vs RON15.13 in FY 2021)Full year 2022 results: EPS: RON1.88. Revenue: RON2.88b (up 16% from FY 2021). Net income: RON354.8m (up 99% from FY 2021). Profit margin: 12% (up from 7.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 5.1% p.a. on average during the next 3 years compared to a 7.3% decline forecast for the Oil and Gas industry in Europe.分析記事 • Dec 13Is S.N.T.G.N. Transgaz (BVB:TGN) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Administrator Nicolae Minea was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Price Target Changed • Sep 15Price target decreased to RON274Down from RON306, the current price target is provided by 1 analyst. New target price is 20% above last closing price of RON229. Stock is down 10% over the past year. The company is forecast to post earnings per share of RON5.40 for next year compared to RON15.13 last year.Upcoming Dividend • Jun 15Upcoming dividend of RON14.82 per shareEligible shareholders must have bought the stock before 22 June 2022. Payment date: 14 July 2022. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 6.5%. Lower than top quartile of Romanian dividend payers (7.2%). Lower than average of industry peers (7.6%).Major Estimate Revision • Apr 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from RON1.46b to RON1.78b. EPS estimate fell from RON7.10 to RON5.40. Net income forecast to shrink 62% next year vs 56% growth forecast for Oil and Gas industry in Romania . Consensus price target broadly unchanged at RON303. Share price was steady at RON240 over the past week.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Administrator Nicolae Minea was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to RON249, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total loss to shareholders of 18% over the past three years.分析記事 • Apr 16S.N.T.G.N. Transgaz (BVB:TGN) Use Of Debt Could Be Considered RiskyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Reported Earnings • Mar 02Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: RON14.18 (up from RON14.03 in FY 2020). Revenue: RON2.47b (down 20% from FY 2020). Net income: RON168.3m (up 1.8% from FY 2020). Profit margin: 6.8% (up from 5.3% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 41% compared to a 26% growth forecast for the oil industry in Romania. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Board Change • Dec 06Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Administrator Nicolae Minea was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Price Target Changed • Jul 19Price target decreased to RON306Down from RON353, the current price target is provided by 1 analyst. New target price is 9.9% above last closing price of RON279. Stock is down 1.2% over the past year.Upcoming Dividend • Jun 17Upcoming dividend of RON8.14 per shareEligible shareholders must have bought the stock before 24 June 2021. Payment date: 16 July 2021. Trailing yield: 2.9%. Lower than top quartile of Romanian dividend payers (5.8%). Lower than average of industry peers (6.5%).分析記事 • Jun 09Does S.N.T.G.N. Transgaz (BVB:TGN) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • May 24Are Investors Undervaluing S.N.T.G.N. Transgaz S.A. (BVB:TGN) By 33%?How far off is S.N.T.G.N. Transgaz S.A. ( BVB:TGN ) from its intrinsic value? Using the most recent financial data...Reported Earnings • May 18First quarter 2021 earnings released: EPS RON13.12 (vs RON17.15 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: RON688.7m (down 25% from 1Q 2020). Net income: RON154.4m (down 24% from 1Q 2020). Profit margin: 22% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.分析記事 • Mar 16Returns On Capital At S.N.T.G.N. Transgaz (BVB:TGN) Paint An Interesting PictureIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Mar 02Zooming in on BVB:TGN's 5.3% Dividend YieldCould S.N.T.G.N. Transgaz S.A. ( BVB:TGN ) be an attractive dividend share to own for the long haul? Investors are...Reported Earnings • Feb 25Full year 2020 earnings released: EPS RON19.07 (vs RON29.58 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: RON3.11b (up 13% from FY 2019). Net income: RON224.6m (down 36% from FY 2019). Profit margin: 7.2% (down from 13% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.分析記事 • Feb 02Are Investors Undervaluing S.N.T.G.N. Transgaz S.A. (BVB:TGN) By 39%?In this article we are going to estimate the intrinsic value of S.N.T.G.N. Transgaz S.A. ( BVB:TGN ) by estimating the...Is New 90 Day High Low • Jan 27New 90-day high: RON307The company is up 8.0% from its price of RON285 on 29 October 2020. The Romanian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is RON496 per share.分析記事 • Jan 20Does S.N.T.G.N. Transgaz (BVB:TGN) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Is New 90 Day High Low • Jan 12New 90-day high: RON298The company is up 8.0% from its price of RON276 on 14 October 2020. The Romanian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is RON81.09 per share.分析記事 • Dec 30Is S.N.T.G.N. Transgaz S.A.'s (BVB:TGN) Stock On A Downtrend As A Result Of Its Poor Financials?S.N.T.G.N. Transgaz (BVB:TGN) has had a rough month with its share price down 1.7%. We decided to study the company's...分析記事 • Dec 11The Returns At S.N.T.G.N. Transgaz (BVB:TGN) Provide Us With Signs Of What's To ComeIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...分析記事 • Nov 18We're Not So Sure You Should Rely on S.N.T.G.N. Transgaz's (BVB:TGN) Statutory EarningsMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Is New 90 Day High Low • Oct 10New 90-day low: RON275The company is down 5.0% from its price of RON289 on 10 July 2020. The Romanian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is RON211 per share.収支内訳S.N.T.G.N. Transgaz の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史BVB:TGN 収益、費用、利益 ( )RON Millions日付収益収益G+A経費研究開発費31 Dec 254,392858730030 Sep 254,473921679030 Jun 254,665724671031 Mar 254,627650651031 Dec 244,291404642030 Sep 243,751307630030 Jun 243,113306631031 Mar 242,617326606031 Dec 232,295196588030 Sep 232,293121574030 Jun 232,565245560031 Mar 232,724215538031 Dec 222,855352506030 Sep 222,904342490030 Jun 222,635225483031 Mar 222,594284480031 Dec 212,488178477030 Sep 212,53165477030 Jun 212,73862467031 Mar 212,871119450031 Dec 203,097165445030 Sep 203,079326449030 Jun 203,048385444031 Mar 202,937351435031 Dec 192,748341425030 Sep 192,696417402030 Jun 192,488408396031 Mar 192,282450397031 Dec 182,171496396030 Sep 181,811450394030 Jun 181,761463399031 Mar 181,818500395031 Dec 171,888584395030 Sep 172,048670394030 Jun 172,090713386031 Mar 172,093742382031 Dec 161,891595382030 Sep 161,707463382030 Jun 161,794449376031 Mar 161,820462372031 Dec 151,807489368030 Sep 151,908513360030 Jun 151,7825303620質の高い収益: TGNは 高品質の収益 を持っています。利益率の向上: TGNの現在の純利益率 (19.5%)は、昨年(9.4%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: TGNの収益は過去 5 年間で年間38.4%増加しました。成長の加速: TGNの過去 1 年間の収益成長率 ( 112.3% ) は、5 年間の平均 ( 年間38.4%を上回っています。収益対業界: TGNの過去 1 年間の収益成長率 ( 112.3% ) はGas Utilities業界7.9%を上回りました。株主資本利益率高いROE: TGNの 自己資本利益率 ( 17.4% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YUtilities 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 16:19終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋S.N.T.G.N. Transgaz S.A. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Petr BartekErste Group Bank AGSimona CrutuEurobank Equities Investment Firm S.A.Matthias DesmaraisODDO BHF Corporate & Markets2 その他のアナリストを表示
Reported Earnings • Apr 26Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: RON4.55 (up from RON2.15 in FY 2024). Revenue: RON4.39b (up 2.4% from FY 2024). Net income: RON857.8m (up 112% from FY 2024). Profit margin: 20% (up from 9.4% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 7.9%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 21S.N.T.G.N. Transgaz S.A. to Report Fiscal Year 2025 Final Results on Apr 21, 2026S.N.T.G.N. Transgaz S.A. announced that they will report fiscal year 2025 final results on Apr 21, 2026
Reported Earnings • Mar 05Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: RON4.77 (up from RON2.15 in FY 2024). Revenue: RON4.53b (up 5.6% from FY 2024). Net income: RON874.9m (up 117% from FY 2024). Profit margin: 19% (up from 9.4% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 7.9%. Revenue is forecast to stay flat during the next 3 years compared to a 1.5% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Nov 22S.N.T.G.N. Transgaz's (BVB:TGN) Earnings Are Weaker Than They SeemDespite posting some strong earnings, the market for S.N.T.G.N. Transgaz S.A.'s ( BVB:TGN ) stock hasn't moved much...
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: RON0.87 (vs RON0.15 loss in 3Q 2024)Third quarter 2025 results: EPS: RON0.87 (up from RON0.15 loss in 3Q 2024). Revenue: RON895.6m (down 16% from 3Q 2024). Net income: RON163.1m (up RON192.1m from 3Q 2024). Profit margin: 18% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: RON0.019 (vs RON0.37 loss in 2Q 2024)Second quarter 2025 results: EPS: RON0.019 (up from RON0.37 loss in 2Q 2024). Revenue: RON915.2m (up 3.7% from 2Q 2024). Net income: RON3.52m (up RON74.0m from 2Q 2024). Profit margin: 0.4% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.5% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • May 04Now 20% undervaluedOver the last 90 days, the stock has risen 8.7% to RON86.20. The fair value is estimated to be RON108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 0.2% per annum. Earnings are forecast to decline by 2.6% per annum over the same time period.
Reported Earnings • Apr 26Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: RON4.55 (up from RON2.15 in FY 2024). Revenue: RON4.39b (up 2.4% from FY 2024). Net income: RON857.8m (up 112% from FY 2024). Profit margin: 20% (up from 9.4% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 7.9%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Apr 23Dividend increased to RON2.13Dividend of RON2.13 is 97% higher than last year. Ex-date: 1st July 2026 Payment date: 21st July 2026 Dividend yield will be 2.4%, which is lower than the industry average of 4.4%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 28% over the next 2 years. However, it would need to fall by 75% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Apr 22S.N.T.G.N. Transgaz S.A. announces Annual dividend, payable on July 21, 2026S.N.T.G.N. Transgaz S.A. announced Annual dividend of RON 2.1300 per share payable on July 21, 2026, ex-date on July 01, 2026 and record date on July 02, 2026.
お知らせ • Apr 21S.N.T.G.N. Transgaz S.A. to Report Fiscal Year 2025 Final Results on Apr 21, 2026S.N.T.G.N. Transgaz S.A. announced that they will report fiscal year 2025 final results on Apr 21, 2026
Reported Earnings • Mar 05Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: EPS: RON4.77 (up from RON2.15 in FY 2024). Revenue: RON4.53b (up 5.6% from FY 2024). Net income: RON874.9m (up 117% from FY 2024). Profit margin: 19% (up from 9.4% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 7.9%. Revenue is forecast to stay flat during the next 3 years compared to a 1.5% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to RON94.90, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Gas Utilities industry in Europe. Total returns to shareholders of 427% over the past three years.
分析記事 • Jan 20Bullish: This Analyst Just Lifted Their S.N.T.G.N. Transgaz S.A. (BVB:TGN) Outlook For Next YearCelebrations may be in order for S.N.T.G.N. Transgaz S.A. ( BVB:TGN ) shareholders, with the covering analyst...
お知らせ • Jan 20S.N.T.G.N. Transgaz S.A., Annual General Meeting, May 26, 2026S.N.T.G.N. Transgaz S.A., Annual General Meeting, May 26, 2026.
分析記事 • Jan 14Subdued Growth No Barrier To S.N.T.G.N. Transgaz S.A. (BVB:TGN) With Shares Advancing 25%Despite an already strong run, S.N.T.G.N. Transgaz S.A. ( BVB:TGN ) shares have been powering on, with a gain of 25% in...
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to RON78.40, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 14x in the Gas Utilities industry in Europe. Total returns to shareholders of 378% over the past three years.
分析記事 • Dec 14Returns Are Gaining Momentum At S.N.T.G.N. Transgaz (BVB:TGN)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
分析記事 • Nov 22S.N.T.G.N. Transgaz's (BVB:TGN) Earnings Are Weaker Than They SeemDespite posting some strong earnings, the market for S.N.T.G.N. Transgaz S.A.'s ( BVB:TGN ) stock hasn't moved much...
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: RON0.87 (vs RON0.15 loss in 3Q 2024)Third quarter 2025 results: EPS: RON0.87 (up from RON0.15 loss in 3Q 2024). Revenue: RON895.6m (down 16% from 3Q 2024). Net income: RON163.1m (up RON192.1m from 3Q 2024). Profit margin: 18% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Nov 12What S.N.T.G.N. Transgaz S.A.'s (BVB:TGN) P/E Is Not Telling YouWith a median price-to-earnings (or "P/E") ratio of close to 15x in Romania, you could be forgiven for feeling...
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to RON56.00, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 12x in the Gas Utilities industry in Europe. Total returns to shareholders of 327% over the past three years.
Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: RON0.019 (vs RON0.37 loss in 2Q 2024)Second quarter 2025 results: EPS: RON0.019 (up from RON0.37 loss in 2Q 2024). Revenue: RON915.2m (up 3.7% from 2Q 2024). Net income: RON3.52m (up RON74.0m from 2Q 2024). Profit margin: 0.4% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.5% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to RON49.20, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 12x in the Gas Utilities industry in Europe. Total returns to shareholders of 248% over the past three years.
分析記事 • Aug 08S.N.T.G.N. Transgaz S.A. (BVB:TGN) Shares Fly 26% But Investors Aren't Buying For GrowthBVB:TGN 1 Year Share Price vs Fair Value Explore S.N.T.G.N. Transgaz's Fair Values from the Community and select yours...
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to RON41.80, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 12x in the Gas Utilities industry in Europe. Total returns to shareholders of 212% over the past three years.
分析記事 • Jul 21We Think S.N.T.G.N. Transgaz (BVB:TGN) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Jun 30Here's What To Make Of S.N.T.G.N. Transgaz's (BVB:TGN) Decelerating Rates Of ReturnIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Upcoming Dividend • Jun 17Upcoming dividend of RON1.08 per shareEligible shareholders must have bought the stock before 24 June 2025. Payment date: 16 July 2025. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Romanian dividend payers (6.5%). Lower than average of industry peers (5.8%).
Reported Earnings • May 05Full year 2024 earnings released: EPS: RON2.15 (vs RON1.04 in FY 2023)Full year 2024 results: EPS: RON2.15 (up from RON1.04 in FY 2023). Revenue: RON4.29b (up 87% from FY 2023). Net income: RON404.1m (up 106% from FY 2023). Profit margin: 9.4% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.7% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 30Market Cool On S.N.T.G.N. Transgaz S.A.'s (BVB:TGN) EarningsWith a median price-to-earnings (or "P/E") ratio of close to 16x in Romania, you could be forgiven for feeling...
Declared Dividend • Mar 27Dividend increased to RON1.08Dividend of RON1.08 is 209% higher than last year. Ex-date: 24th June 2025 Payment date: 16th July 2025 Dividend yield will be 3.7%, which is lower than the industry average of 4.4%.
お知らせ • Mar 26S.N.T.G.N. Transgaz S.A. announces Annual dividend, payable on July 16, 2025S.N.T.G.N. Transgaz S.A. announced Annual dividend of RON 1.0800 per share payable on July 16, 2025, ex-date on June 24, 2025 and record date on June 25, 2025.
分析記事 • Mar 08There May Be Underlying Issues With The Quality Of S.N.T.G.N. Transgaz's (BVB:TGN) EarningsDespite posting some strong earnings, the market for S.N.T.G.N. Transgaz S.A.'s ( BVB:TGN ) stock hasn't moved much. We...
New Risk • Mar 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). High level of non-cash earnings (22% accrual ratio).
分析記事 • Feb 11Is S.N.T.G.N. Transgaz (BVB:TGN) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Dec 26Investors Still Waiting For A Pull Back In S.N.T.G.N. Transgaz S.A. (BVB:TGN)When close to half the companies in Romania have price-to-earnings ratios (or "P/E's") below 12x, you may consider...
New Risk • Nov 24New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 51% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.1% per year over the past 5 years. Minor Risk High level of debt (51% net debt to equity).
Reported Earnings • Aug 20Second quarter 2024 earnings released: RON0.43 loss per share (vs RON0.27 loss in 2Q 2023)Second quarter 2024 results: RON0.43 loss per share (further deteriorated from RON0.27 loss in 2Q 2023). Revenue: RON910.0m (up 138% from 2Q 2023). Net loss: RON81.9m (loss widened 60% from 2Q 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year.
分析記事 • Aug 06S.N.T.G.N. Transgaz (BVB:TGN) Will Be Hoping To Turn Its Returns On Capital AroundWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Upcoming Dividend • Jun 20Upcoming dividend of RON0.35 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 18 July 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Romanian dividend payers (7.3%). Lower than average of industry peers (7.2%).
Buy Or Sell Opportunity • May 22Now 20% undervaluedOver the last 90 days, the stock has risen 9.9% to RON21.10. The fair value is estimated to be RON26.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.
分析記事 • May 21S.N.T.G.N. Transgaz S.A. (BVB:TGN) Doing What It Can To Lift SharesS.N.T.G.N. Transgaz S.A.'s ( BVB:TGN ) price-to-earnings (or "P/E") ratio of 13.4x might make it look like a buy right...
Reported Earnings • May 19First quarter 2024 earnings released: EPS: RON1.37 (vs RON0.66 in 1Q 2023)First quarter 2024 results: EPS: RON1.37 (up from RON0.66 in 1Q 2023). Revenue: RON993.0m (up 50% from 1Q 2023). Net income: RON257.6m (up 108% from 1Q 2023). Profit margin: 26% (up from 19% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 03Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: RON0.90 (down from RON1.87 in FY 2022). Revenue: RON2.41b (down 15% from FY 2022). Net income: RON169.3m (down 52% from FY 2022). Profit margin: 7.0% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 2.3%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jan 10Price target increased by 22% to RON21.26Up from RON17.40, the current price target is provided by 1 analyst. New target price is 11% above last closing price of RON19.18. Stock is up 2.8% over the past year. The company is forecast to post earnings per share of RON0.87 for next year compared to RON1.87 last year.
Major Estimate Revision • Jan 10Consensus revenue estimates increase by 13%The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from RON1.93b to RON2.17b. EPS estimate increased from RON0.296 to RON0.87 per share. Net income forecast to grow 56% next year vs 25% growth forecast for Gas Utilities industry in Romania. Consensus price target up from RON17.40 to RON21.26. Share price rose 2.0% to RON19.18 over the past week.
Reported Earnings • Nov 16Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: RON431.0m (down 28% from 3Q 2022). Net loss: RON34.5m (down 138% from profit in 3Q 2022). Revenue is forecast to stay flat during the next 2 years compared to a 2.5% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 20New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 20Second quarter 2023 earnings released: RON0.27 loss per share (vs RON0.43 loss in 2Q 2022)Second quarter 2023 results: RON0.27 loss per share (improved from RON0.43 loss in 2Q 2022). Revenue: RON396.4m (down 28% from 2Q 2022). Net loss: RON51.2m (loss narrowed 37% from 2Q 2022). Revenue is forecast to decline by 6.9% p.a. on average during the next 2 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Price Target Changed • Aug 16Price target increased by 1,500% to RON278Up from RON17.38, the current price target is provided by 1 analyst. New target price is 1,457% above last closing price of RON17.86. Stock is up 14% over the past year. The company is forecast to post earnings per share of RON0.30 for next year compared to RON1.87 last year.
Upcoming Dividend • Jun 20Upcoming dividend of RON0.70 per share at 0.2% yieldEligible shareholders must have bought the stock before 27 June 2023. Payment date: 19 July 2023. Payout ratio is a comfortable 3.8% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Romanian dividend payers (7.7%). Lower than average of industry peers (7.3%).
分析記事 • Jun 09Does S.N.T.G.N. Transgaz (BVB:TGN) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • May 02Full year 2022 earnings released: EPS: RON1.87 (vs RON0.95 in FY 2021)Full year 2022 results: EPS: RON1.87 (up from RON0.95 in FY 2021). Revenue: RON2.85b (up 15% from FY 2021). Net income: RON351.9m (up 98% from FY 2021). Profit margin: 12% (up from 7.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 13% p.a. on average during the next 2 years compared to a 5.3% decline forecast for the Oil and Gas industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: RON1.88 (vs RON15.13 in FY 2021)Full year 2022 results: EPS: RON1.88. Revenue: RON2.88b (up 16% from FY 2021). Net income: RON354.8m (up 99% from FY 2021). Profit margin: 12% (up from 7.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to fall by 5.1% p.a. on average during the next 3 years compared to a 7.3% decline forecast for the Oil and Gas industry in Europe.
分析記事 • Dec 13Is S.N.T.G.N. Transgaz (BVB:TGN) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Administrator Nicolae Minea was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Price Target Changed • Sep 15Price target decreased to RON274Down from RON306, the current price target is provided by 1 analyst. New target price is 20% above last closing price of RON229. Stock is down 10% over the past year. The company is forecast to post earnings per share of RON5.40 for next year compared to RON15.13 last year.
Upcoming Dividend • Jun 15Upcoming dividend of RON14.82 per shareEligible shareholders must have bought the stock before 22 June 2022. Payment date: 14 July 2022. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 6.5%. Lower than top quartile of Romanian dividend payers (7.2%). Lower than average of industry peers (7.6%).
Major Estimate Revision • Apr 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from RON1.46b to RON1.78b. EPS estimate fell from RON7.10 to RON5.40. Net income forecast to shrink 62% next year vs 56% growth forecast for Oil and Gas industry in Romania . Consensus price target broadly unchanged at RON303. Share price was steady at RON240 over the past week.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Administrator Nicolae Minea was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to RON249, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 7x in the Oil and Gas industry in Europe. Total loss to shareholders of 18% over the past three years.
分析記事 • Apr 16S.N.T.G.N. Transgaz (BVB:TGN) Use Of Debt Could Be Considered RiskyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Reported Earnings • Mar 02Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: RON14.18 (up from RON14.03 in FY 2020). Revenue: RON2.47b (down 20% from FY 2020). Net income: RON168.3m (up 1.8% from FY 2020). Profit margin: 6.8% (up from 5.3% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 41% compared to a 26% growth forecast for the oil industry in Romania. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Board Change • Dec 06Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Administrator Nicolae Minea was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Price Target Changed • Jul 19Price target decreased to RON306Down from RON353, the current price target is provided by 1 analyst. New target price is 9.9% above last closing price of RON279. Stock is down 1.2% over the past year.
Upcoming Dividend • Jun 17Upcoming dividend of RON8.14 per shareEligible shareholders must have bought the stock before 24 June 2021. Payment date: 16 July 2021. Trailing yield: 2.9%. Lower than top quartile of Romanian dividend payers (5.8%). Lower than average of industry peers (6.5%).
分析記事 • Jun 09Does S.N.T.G.N. Transgaz (BVB:TGN) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • May 24Are Investors Undervaluing S.N.T.G.N. Transgaz S.A. (BVB:TGN) By 33%?How far off is S.N.T.G.N. Transgaz S.A. ( BVB:TGN ) from its intrinsic value? Using the most recent financial data...
Reported Earnings • May 18First quarter 2021 earnings released: EPS RON13.12 (vs RON17.15 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: RON688.7m (down 25% from 1Q 2020). Net income: RON154.4m (down 24% from 1Q 2020). Profit margin: 22% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
分析記事 • Mar 16Returns On Capital At S.N.T.G.N. Transgaz (BVB:TGN) Paint An Interesting PictureIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Mar 02Zooming in on BVB:TGN's 5.3% Dividend YieldCould S.N.T.G.N. Transgaz S.A. ( BVB:TGN ) be an attractive dividend share to own for the long haul? Investors are...
Reported Earnings • Feb 25Full year 2020 earnings released: EPS RON19.07 (vs RON29.58 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: RON3.11b (up 13% from FY 2019). Net income: RON224.6m (down 36% from FY 2019). Profit margin: 7.2% (down from 13% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
分析記事 • Feb 02Are Investors Undervaluing S.N.T.G.N. Transgaz S.A. (BVB:TGN) By 39%?In this article we are going to estimate the intrinsic value of S.N.T.G.N. Transgaz S.A. ( BVB:TGN ) by estimating the...
Is New 90 Day High Low • Jan 27New 90-day high: RON307The company is up 8.0% from its price of RON285 on 29 October 2020. The Romanian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is RON496 per share.
分析記事 • Jan 20Does S.N.T.G.N. Transgaz (BVB:TGN) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is New 90 Day High Low • Jan 12New 90-day high: RON298The company is up 8.0% from its price of RON276 on 14 October 2020. The Romanian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is RON81.09 per share.
分析記事 • Dec 30Is S.N.T.G.N. Transgaz S.A.'s (BVB:TGN) Stock On A Downtrend As A Result Of Its Poor Financials?S.N.T.G.N. Transgaz (BVB:TGN) has had a rough month with its share price down 1.7%. We decided to study the company's...
分析記事 • Dec 11The Returns At S.N.T.G.N. Transgaz (BVB:TGN) Provide Us With Signs Of What's To ComeIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
分析記事 • Nov 18We're Not So Sure You Should Rely on S.N.T.G.N. Transgaz's (BVB:TGN) Statutory EarningsMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Is New 90 Day High Low • Oct 10New 90-day low: RON275The company is down 5.0% from its price of RON289 on 10 July 2020. The Romanian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is RON211 per share.