TGS ASA

DB:TGC0 Stock Report

Market Cap: €1.8b

TGS Past Earnings Performance

Past criteria checks 1/6

TGS has been growing earnings at an average annual rate of 7.5%, while the Energy Services industry saw earnings growing at 35.7% annually. Revenues have been growing at an average rate of 13.3% per year. TGS's return on equity is 2.3%, and it has net margins of 4.6%.

Key information

7.5%

Earnings growth rate

3.1%

EPS growth rate

Energy Services Industry Growth23.3%
Revenue growth rate13.3%
Return on equity2.3%
Net Margin4.6%
Next Earnings Update20 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How TGS makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:TGC0 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,017471840
30 Jun 24791261300
31 Mar 24773141320
31 Dec 23794221310
30 Sep 23824741290
30 Jun 23734551130
31 Mar 23758581000
31 Dec 2271788860
30 Sep 22602-32710
30 Jun 22667-27680
31 Mar 22508-68580
31 Dec 21519-76550
30 Sep 2159712480
30 Jun 21456-62460
31 Mar 21450-124540
31 Dec 20360-167540
30 Sep 20395-108710
30 Jun 204992880
31 Mar 2053879850
31 Dec 19586113860
30 Sep 19641168830
30 Jun 19612161690
31 Mar 19615186700
31 Dec 18614179700
30 Sep 18496109660
30 Jun 1850585640
31 Mar 1850571580
31 Dec 1749276550
30 Sep 1750050530
30 Jun 1747243520
31 Mar 1747850520
31 Dec 1645628520
30 Sep 16423-123520
30 Jun 16479-85540
31 Mar 16505-77610
31 Dec 15612-28650
30 Sep 15778125730
30 Jun 15799139800
31 Mar 15864176850
31 Dec 14915216930
30 Sep 14888268930
30 Jun 14889270920
31 Mar 14895277880
31 Dec 13883269850

Quality Earnings: TGC0 has a large one-off loss of $65.2M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: TGC0's current net profit margins (4.6%) are lower than last year (9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TGC0's earnings have grown by 7.5% per year over the past 5 years.

Accelerating Growth: TGC0's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TGC0 had negative earnings growth (-36.2%) over the past year, making it difficult to compare to the Energy Services industry average (16.6%).

Return on Equity

High ROE: TGC0's Return on Equity (2.3%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 14:14
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TGS ASA is covered by 34 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John A. OlaisenABG Sundal Collier
Iver BaatvikABN AMRO Bank N.V.
Christian YggesethArctic Securities ASA