View Future GrowthTesgas 과거 순이익 실적과거 기준 점검 0/6Tesgas 의 수입은 연평균 -57.5%의 비율로 감소해 온 반면, Gas Utilities 산업은 연평균 3.1%의 비율로 증가했습니다. 매출은 연평균 7.5%의 비율로 감소해 왔습니다.핵심 정보-57.49%순이익 성장률-57.49%주당순이익(EPS) 성장률Gas Utilities 산업 성장률8.12%매출 성장률-7.53%자기자본이익률-13.16%순이익률-14.87%다음 순이익 업데이트29 May 2026최근 과거 실적 업데이트Reported Earnings • Apr 20Full year 2025 earnings released: zł0.94 loss per share (vs zł0.018 loss in FY 2024)Full year 2025 results: zł0.94 loss per share (further deteriorated from zł0.018 loss in FY 2024). Revenue: zł71.8m (down 10% from FY 2024). Net loss: zł10.7m (loss widened zł10.5m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 24Third quarter 2025 earnings released: zł0.07 loss per share (vs zł0.084 profit in 3Q 2024)Third quarter 2025 results: zł0.07 loss per share (down from zł0.084 profit in 3Q 2024). Revenue: zł19.3m (down 2.6% from 3Q 2024). Net loss: zł802.0k (down 184% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.공시 • Nov 15Tesgas S.A. to Report Q3, 2025 Results on Nov 21, 2025Tesgas S.A. announced that they will report Q3, 2025 results on Nov 21, 2025Reported Earnings • Sep 08Second quarter 2025 earnings released: zł0.083 loss per share (vs zł0.068 loss in 2Q 2024)Second quarter 2025 results: zł0.083 loss per share (further deteriorated from zł0.068 loss in 2Q 2024). Revenue: zł19.2m (up 6.8% from 2Q 2024). Net loss: zł950.0k (loss widened 22% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.공시 • Aug 21Tesgas S.A. to Report First Half, 2025 Results on Sep 05, 2025Tesgas S.A. announced that they will report first half, 2025 results on Sep 05, 2025Reported Earnings • Jun 02First quarter 2025 earnings released: zł0.37 loss per share (vs zł0.004 profit in 1Q 2024)First quarter 2025 results: zł0.37 loss per share (down from zł0.004 profit in 1Q 2024). Revenue: zł12.2m (down 45% from 1Q 2024). Net loss: zł4.18m (down zł4.23m from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.모든 업데이트 보기Recent updatesReported Earnings • Apr 20Full year 2025 earnings released: zł0.94 loss per share (vs zł0.018 loss in FY 2024)Full year 2025 results: zł0.94 loss per share (further deteriorated from zł0.018 loss in FY 2024). Revenue: zł71.8m (down 10% from FY 2024). Net loss: zł10.7m (loss widened zł10.5m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 24Third quarter 2025 earnings released: zł0.07 loss per share (vs zł0.084 profit in 3Q 2024)Third quarter 2025 results: zł0.07 loss per share (down from zł0.084 profit in 3Q 2024). Revenue: zł19.3m (down 2.6% from 3Q 2024). Net loss: zł802.0k (down 184% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.공시 • Nov 15Tesgas S.A. to Report Q3, 2025 Results on Nov 21, 2025Tesgas S.A. announced that they will report Q3, 2025 results on Nov 21, 2025New Risk • Oct 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 39% per year over the past 5 years. Market cap is less than US$10m (zł31.9m market cap, or US$8.81m). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change).Reported Earnings • Sep 08Second quarter 2025 earnings released: zł0.083 loss per share (vs zł0.068 loss in 2Q 2024)Second quarter 2025 results: zł0.083 loss per share (further deteriorated from zł0.068 loss in 2Q 2024). Revenue: zł19.2m (up 6.8% from 2Q 2024). Net loss: zł950.0k (loss widened 22% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.공시 • Aug 21Tesgas S.A. to Report First Half, 2025 Results on Sep 05, 2025Tesgas S.A. announced that they will report first half, 2025 results on Sep 05, 2025Reported Earnings • Jun 02First quarter 2025 earnings released: zł0.37 loss per share (vs zł0.004 profit in 1Q 2024)First quarter 2025 results: zł0.37 loss per share (down from zł0.004 profit in 1Q 2024). Revenue: zł12.2m (down 45% from 1Q 2024). Net loss: zł4.18m (down zł4.23m from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to zł2.76, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 12x in the Gas Utilities industry in Europe. Total loss to shareholders of 2.4% over the past three years.공시 • May 21Tesgas S.A., Annual General Meeting, Jun 16, 2025Tesgas S.A., Annual General Meeting, Jun 16, 2025.분석 기사 • Apr 05The Returns On Capital At Tesgas (WSE:TSG) Don't Inspire ConfidenceIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we...분석 기사 • Jan 18Tesgas S.A.'s (WSE:TSG) 29% Share Price Surge Not Quite Adding UpTesgas S.A. ( WSE:TSG ) shareholders would be excited to see that the share price has had a great month, posting a 29...Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to zł2.67, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 11x in the Gas Utilities industry in Europe. Total loss to shareholders of 7.9% over the past three years.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: zł0.077 (vs zł0.058 in 3Q 2023)Third quarter 2024 results: EPS: zł0.077 (up from zł0.058 in 3Q 2023). Revenue: zł19.8m (down 44% from 3Q 2023). Net income: zł959.0k (up 47% from 3Q 2023). Profit margin: 4.8% (up from 1.9% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Aug 05Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to zł2.87. The fair value is estimated to be zł3.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has declined by 32%.New Risk • Jun 13New major risk - Revenue and earnings growthEarnings have declined by 3.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.0% per year over the past 5 years. Market cap is less than US$10m (zł35.9m market cap, or US$8.91m). Minor Risk Dividend is not well covered by earnings (218% payout ratio).New Risk • May 28New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (zł37.5m market cap, or US$9.58m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.7% net profit margin).공시 • May 17Tesgas S.A., Annual General Meeting, Jun 11, 2024Tesgas S.A., Annual General Meeting, Jun 11, 2024.Buy Or Sell Opportunity • Apr 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.6% to zł3.12. The fair value is estimated to be zł3.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 33%.Buy Or Sell Opportunity • Mar 07Now 21% undervaluedOver the last 90 days, the stock has risen 5.0% to zł3.15. The fair value is estimated to be zł3.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last year. Earnings per share has grown by 8.7%.공시 • Jan 28+ 2 more updatesTesgas S.A. to Report Q3, 2024 Results on Nov 15, 2024Tesgas S.A. announced that they will report Q3, 2024 results on Nov 15, 2024Buy Or Sell Opportunity • Jan 26Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at zł3.02. The fair value is estimated to be zł3.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last year. Earnings per share has grown by 8.7%.Buying Opportunity • Sep 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.1%. The fair value is estimated to be zł3.91, 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 14%.Upcoming Dividend • Aug 11Upcoming dividend of zł0.20 per share at 1.4% yieldEligible shareholders must have bought the stock before 18 August 2023. Payment date: 21 September 2023. Trailing yield: 1.4%. Lower than top quartile of Polish dividend payers (7.3%). Lower than average of industry peers (4.8%).공시 • Jun 04Tesgas S.A., Annual General Meeting, Jun 29, 2023Tesgas S.A., Annual General Meeting, Jun 29, 2023, at 11:00 Central European Standard Time.공시 • Jan 12+ 3 more updatesTesgas S.A. to Report Q3, 2023 Results on Nov 10, 2023Tesgas S.A. announced that they will report Q3, 2023 results on Nov 10, 2023Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to zł4.17, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 10x in the Gas Utilities industry in Europe. Total returns to shareholders of 81% over the past three years.분석 기사 • Aug 02Returns Are Gaining Momentum At Tesgas (WSE:TSG)If 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 28Upcoming dividend of zł0.30 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 20 July 2022. Trailing yield: 8.1%. Within top quartile of Polish dividend payers (8.1%). Higher than average of industry peers (5.3%).공시 • May 31Tesgas S.A., Annual General Meeting, Jun 22, 2022Tesgas S.A., Annual General Meeting, Jun 22, 2022, at 11:00 Central European Standard Time.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 29% share price gain to zł4.19, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 11x in the Gas Utilities industry in Europe. Total returns to shareholders of 13% over the past three years.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to zł3.36, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 11x in the Gas Utilities industry in Europe. Total loss to shareholders of 6.7% over the past three years.분석 기사 • Feb 25We Like These Underlying Return On Capital Trends At Tesgas (WSE:TSG)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Valuation Update With 7 Day Price Move • Jan 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to zł3.54, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 12x in the Gas Utilities industry in Europe. Total returns to shareholders of 40% over the past three years.분석 기사 • Nov 28We Think That There Are More Issues For Tesgas (WSE:TSG) Than Just Sluggish EarningsShareholders didn't appear too concerned by Tesgas S.A.'s ( WSE:TSG ) weak earnings. We did some digging, and we...분석 기사 • Nov 21Tesgas (WSE:TSG) Might Have The Makings Of A Multi-BaggerTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...분석 기사 • Aug 20Returns Are Gaining Momentum At Tesgas (WSE:TSG)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS zł0.19 (vs zł0.12 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł28.8m (up 26% from 2Q 2020). Net income: zł2.13m (up 54% from 2Q 2020). Profit margin: 7.4% (up from 6.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.분석 기사 • Jul 02Should You Be Adding Tesgas (WSE:TSG) To Your Watchlist Today?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...분석 기사 • May 14Tesgas (WSE:TSG) Might Have The Makings Of A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...분석 기사 • Apr 01Here's Why I Think Tesgas (WSE:TSG) Might Deserve Your Attention TodayIt's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...분석 기사 • Feb 05We Like These Underlying Trends At Tesgas (WSE:TSG)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...공시 • Jan 23+ 3 more updatesTesgas S.A. to Report First Half, 2021 Results on Aug 31, 2021Tesgas S.A. announced that they will report first half, 2021 results on Aug 31, 2021Is New 90 Day High Low • Jan 22New 90-day high: zł5.05The company is up 26% from its price of zł4.02 on 23 October 2020. The Polish market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is up 5.0% over the same period.분석 기사 • Dec 30Do Tesgas's (WSE:TSG) Earnings Warrant Your Attention?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...분석 기사 • Dec 03Does Tesgas' (WSE:TSG) CEO Salary Compare Well With The Performance Of The Company?Wlodzimierz Kocik is the CEO of Tesgas S.A. ( WSE:TSG ), and in this article, we analyze the executive's compensation...Valuation Update With 7 Day Price Move • Nov 13Market bids up stock over the past weekAfter last week's 17% share price gain to zł4.12, the stock is trading at a trailing P/E ratio of 9.3x, up from the previous P/E ratio of 7.9x. This compares to an average P/E of 14x in the Gas Utilities industry in Europe. Total returns to shareholders over the past three years are 53%.Is New 90 Day High Low • Oct 22New 90-day low: zł4.00The company is down 31% from its price of zł5.80 on 24 July 2020. The Polish market is down 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 5.0% over the same period.Is New 90 Day High Low • Sep 29New 90-day low: zł4.76The company is down 3.0% from its price of zł4.90 on 01 July 2020. The Polish market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 1.0% over the same period.매출 및 비용 세부 내역Tesgas가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이WSE:TSG 매출, 비용 및 순이익 (PLN Millions)날짜매출순이익일반관리비연구개발비31 Dec 2572-110030 Sep 2571-615030 Jun 2571-515031 Mar 2570-415031 Dec 2480014030 Sep 2495315030 Jun 24110315031 Mar 24120416031 Dec 23140416030 Sep 23142115030 Jun 23134214031 Mar 23141315031 Dec 22129314030 Sep 22124615030 Jun 22124616031 Mar 22118616031 Dec 21114715030 Sep 21108615030 Jun 21112714031 Mar 21107614031 Dec 20102714030 Sep 20110613030 Jun 20115513031 Mar 20124513031 Dec 19127412030 Sep 19114412030 Jun 1997411031 Mar 1984211031 Dec 1878210030 Sep 1875110030 Jun 1871-210031 Mar 1866-310031 Dec 1758-710030 Sep 1756-911030 Jun 1758-811031 Mar 1760-711031 Dec 1660-612030 Sep 1670-212030 Jun 1670013031 Mar 1675212031 Dec 1585412030 Sep 1585411030 Jun 15924110양질의 수익: TSG 은(는) 현재 수익성이 없습니다.이익 마진 증가: TSG는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: TSG은 수익성이 없으며 지난 5년 동안 손실이 연평균 57.5% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 TSG의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: TSG은 수익성이 없어 지난 해 수익 성장률을 Gas Utilities 업계(7.9%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: TSG는 현재 수익성이 없으므로 자본 수익률이 음수(-13.16%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YUtilities 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 16:08종가2026/05/21 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Tesgas S.A.는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Pawel PuchalskiSantander Brokerage PolandTomasz SokolowskiSantander Brokerage Poland
Reported Earnings • Apr 20Full year 2025 earnings released: zł0.94 loss per share (vs zł0.018 loss in FY 2024)Full year 2025 results: zł0.94 loss per share (further deteriorated from zł0.018 loss in FY 2024). Revenue: zł71.8m (down 10% from FY 2024). Net loss: zł10.7m (loss widened zł10.5m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 24Third quarter 2025 earnings released: zł0.07 loss per share (vs zł0.084 profit in 3Q 2024)Third quarter 2025 results: zł0.07 loss per share (down from zł0.084 profit in 3Q 2024). Revenue: zł19.3m (down 2.6% from 3Q 2024). Net loss: zł802.0k (down 184% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
공시 • Nov 15Tesgas S.A. to Report Q3, 2025 Results on Nov 21, 2025Tesgas S.A. announced that they will report Q3, 2025 results on Nov 21, 2025
Reported Earnings • Sep 08Second quarter 2025 earnings released: zł0.083 loss per share (vs zł0.068 loss in 2Q 2024)Second quarter 2025 results: zł0.083 loss per share (further deteriorated from zł0.068 loss in 2Q 2024). Revenue: zł19.2m (up 6.8% from 2Q 2024). Net loss: zł950.0k (loss widened 22% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
공시 • Aug 21Tesgas S.A. to Report First Half, 2025 Results on Sep 05, 2025Tesgas S.A. announced that they will report first half, 2025 results on Sep 05, 2025
Reported Earnings • Jun 02First quarter 2025 earnings released: zł0.37 loss per share (vs zł0.004 profit in 1Q 2024)First quarter 2025 results: zł0.37 loss per share (down from zł0.004 profit in 1Q 2024). Revenue: zł12.2m (down 45% from 1Q 2024). Net loss: zł4.18m (down zł4.23m from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 20Full year 2025 earnings released: zł0.94 loss per share (vs zł0.018 loss in FY 2024)Full year 2025 results: zł0.94 loss per share (further deteriorated from zł0.018 loss in FY 2024). Revenue: zł71.8m (down 10% from FY 2024). Net loss: zł10.7m (loss widened zł10.5m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 24Third quarter 2025 earnings released: zł0.07 loss per share (vs zł0.084 profit in 3Q 2024)Third quarter 2025 results: zł0.07 loss per share (down from zł0.084 profit in 3Q 2024). Revenue: zł19.3m (down 2.6% from 3Q 2024). Net loss: zł802.0k (down 184% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
공시 • Nov 15Tesgas S.A. to Report Q3, 2025 Results on Nov 21, 2025Tesgas S.A. announced that they will report Q3, 2025 results on Nov 21, 2025
New Risk • Oct 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 39% per year over the past 5 years. Market cap is less than US$10m (zł31.9m market cap, or US$8.81m). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change).
Reported Earnings • Sep 08Second quarter 2025 earnings released: zł0.083 loss per share (vs zł0.068 loss in 2Q 2024)Second quarter 2025 results: zł0.083 loss per share (further deteriorated from zł0.068 loss in 2Q 2024). Revenue: zł19.2m (up 6.8% from 2Q 2024). Net loss: zł950.0k (loss widened 22% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
공시 • Aug 21Tesgas S.A. to Report First Half, 2025 Results on Sep 05, 2025Tesgas S.A. announced that they will report first half, 2025 results on Sep 05, 2025
Reported Earnings • Jun 02First quarter 2025 earnings released: zł0.37 loss per share (vs zł0.004 profit in 1Q 2024)First quarter 2025 results: zł0.37 loss per share (down from zł0.004 profit in 1Q 2024). Revenue: zł12.2m (down 45% from 1Q 2024). Net loss: zł4.18m (down zł4.23m from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to zł2.76, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 12x in the Gas Utilities industry in Europe. Total loss to shareholders of 2.4% over the past three years.
공시 • May 21Tesgas S.A., Annual General Meeting, Jun 16, 2025Tesgas S.A., Annual General Meeting, Jun 16, 2025.
분석 기사 • Apr 05The Returns On Capital At Tesgas (WSE:TSG) Don't Inspire ConfidenceIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we...
분석 기사 • Jan 18Tesgas S.A.'s (WSE:TSG) 29% Share Price Surge Not Quite Adding UpTesgas S.A. ( WSE:TSG ) shareholders would be excited to see that the share price has had a great month, posting a 29...
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to zł2.67, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 11x in the Gas Utilities industry in Europe. Total loss to shareholders of 7.9% over the past three years.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: zł0.077 (vs zł0.058 in 3Q 2023)Third quarter 2024 results: EPS: zł0.077 (up from zł0.058 in 3Q 2023). Revenue: zł19.8m (down 44% from 3Q 2023). Net income: zł959.0k (up 47% from 3Q 2023). Profit margin: 4.8% (up from 1.9% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Aug 05Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to zł2.87. The fair value is estimated to be zł3.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has declined by 32%.
New Risk • Jun 13New major risk - Revenue and earnings growthEarnings have declined by 3.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.0% per year over the past 5 years. Market cap is less than US$10m (zł35.9m market cap, or US$8.91m). Minor Risk Dividend is not well covered by earnings (218% payout ratio).
New Risk • May 28New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (zł37.5m market cap, or US$9.58m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.7% net profit margin).
공시 • May 17Tesgas S.A., Annual General Meeting, Jun 11, 2024Tesgas S.A., Annual General Meeting, Jun 11, 2024.
Buy Or Sell Opportunity • Apr 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.6% to zł3.12. The fair value is estimated to be zł3.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 33%.
Buy Or Sell Opportunity • Mar 07Now 21% undervaluedOver the last 90 days, the stock has risen 5.0% to zł3.15. The fair value is estimated to be zł3.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last year. Earnings per share has grown by 8.7%.
공시 • Jan 28+ 2 more updatesTesgas S.A. to Report Q3, 2024 Results on Nov 15, 2024Tesgas S.A. announced that they will report Q3, 2024 results on Nov 15, 2024
Buy Or Sell Opportunity • Jan 26Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at zł3.02. The fair value is estimated to be zł3.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last year. Earnings per share has grown by 8.7%.
Buying Opportunity • Sep 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 9.1%. The fair value is estimated to be zł3.91, 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 14%.
Upcoming Dividend • Aug 11Upcoming dividend of zł0.20 per share at 1.4% yieldEligible shareholders must have bought the stock before 18 August 2023. Payment date: 21 September 2023. Trailing yield: 1.4%. Lower than top quartile of Polish dividend payers (7.3%). Lower than average of industry peers (4.8%).
공시 • Jun 04Tesgas S.A., Annual General Meeting, Jun 29, 2023Tesgas S.A., Annual General Meeting, Jun 29, 2023, at 11:00 Central European Standard Time.
공시 • Jan 12+ 3 more updatesTesgas S.A. to Report Q3, 2023 Results on Nov 10, 2023Tesgas S.A. announced that they will report Q3, 2023 results on Nov 10, 2023
Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to zł4.17, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 10x in the Gas Utilities industry in Europe. Total returns to shareholders of 81% over the past three years.
분석 기사 • Aug 02Returns Are Gaining Momentum At Tesgas (WSE:TSG)If 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 28Upcoming dividend of zł0.30 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 20 July 2022. Trailing yield: 8.1%. Within top quartile of Polish dividend payers (8.1%). Higher than average of industry peers (5.3%).
공시 • May 31Tesgas S.A., Annual General Meeting, Jun 22, 2022Tesgas S.A., Annual General Meeting, Jun 22, 2022, at 11:00 Central European Standard Time.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 29% share price gain to zł4.19, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 11x in the Gas Utilities industry in Europe. Total returns to shareholders of 13% over the past three years.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to zł3.36, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 11x in the Gas Utilities industry in Europe. Total loss to shareholders of 6.7% over the past three years.
분석 기사 • Feb 25We Like These Underlying Return On Capital Trends At Tesgas (WSE:TSG)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Valuation Update With 7 Day Price Move • Jan 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to zł3.54, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 12x in the Gas Utilities industry in Europe. Total returns to shareholders of 40% over the past three years.
분석 기사 • Nov 28We Think That There Are More Issues For Tesgas (WSE:TSG) Than Just Sluggish EarningsShareholders didn't appear too concerned by Tesgas S.A.'s ( WSE:TSG ) weak earnings. We did some digging, and we...
분석 기사 • Nov 21Tesgas (WSE:TSG) Might Have The Makings Of A Multi-BaggerTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
분석 기사 • Aug 20Returns Are Gaining Momentum At Tesgas (WSE:TSG)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS zł0.19 (vs zł0.12 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł28.8m (up 26% from 2Q 2020). Net income: zł2.13m (up 54% from 2Q 2020). Profit margin: 7.4% (up from 6.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jul 02Should You Be Adding Tesgas (WSE:TSG) To Your Watchlist Today?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
분석 기사 • May 14Tesgas (WSE:TSG) Might Have The Makings Of A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
분석 기사 • Apr 01Here's Why I Think Tesgas (WSE:TSG) Might Deserve Your Attention TodayIt's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
분석 기사 • Feb 05We Like These Underlying Trends At Tesgas (WSE:TSG)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
공시 • Jan 23+ 3 more updatesTesgas S.A. to Report First Half, 2021 Results on Aug 31, 2021Tesgas S.A. announced that they will report first half, 2021 results on Aug 31, 2021
Is New 90 Day High Low • Jan 22New 90-day high: zł5.05The company is up 26% from its price of zł4.02 on 23 October 2020. The Polish market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is up 5.0% over the same period.
분석 기사 • Dec 30Do Tesgas's (WSE:TSG) Earnings Warrant Your Attention?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
분석 기사 • Dec 03Does Tesgas' (WSE:TSG) CEO Salary Compare Well With The Performance Of The Company?Wlodzimierz Kocik is the CEO of Tesgas S.A. ( WSE:TSG ), and in this article, we analyze the executive's compensation...
Valuation Update With 7 Day Price Move • Nov 13Market bids up stock over the past weekAfter last week's 17% share price gain to zł4.12, the stock is trading at a trailing P/E ratio of 9.3x, up from the previous P/E ratio of 7.9x. This compares to an average P/E of 14x in the Gas Utilities industry in Europe. Total returns to shareholders over the past three years are 53%.
Is New 90 Day High Low • Oct 22New 90-day low: zł4.00The company is down 31% from its price of zł5.80 on 24 July 2020. The Polish market is down 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 5.0% over the same period.
Is New 90 Day High Low • Sep 29New 90-day low: zł4.76The company is down 3.0% from its price of zł4.90 on 01 July 2020. The Polish market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is up 1.0% over the same period.