TGS-NOPEC Geophysical Company ASA provides geoscience data products and services to the oil and gas industry worldwide. More Details
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has TGS-NOPEC Geophysical's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TGS is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: TGS's weekly volatility (7%) has been stable over the past year.
7 Day Return
NO Energy Services
1 Year Return
NO Energy Services
Return vs Industry: TGS underperformed the Norwegian Energy Services industry which returned 65.2% over the past year.
Return vs Market: TGS underperformed the Norwegian Market which returned 38.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is TGS-NOPEC Geophysical's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StIs TGS-NOPEC Geophysical (OB:TGS) Using Too Much Debt?
1 month ago | Simply Wall StAre Insiders Selling TGS-NOPEC Geophysical Company ASA (OB:TGS) Stock?
1 month ago | Simply Wall StHow Many TGS-NOPEC Geophysical Company ASA (OB:TGS) Shares Do Institutions Own?
Is TGS-NOPEC Geophysical undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: TGS (NOK118.3) is trading above our estimate of fair value (NOK108.5)
Significantly Below Fair Value: TGS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TGS is unprofitable, so we can't compare its PE Ratio to the Norwegian Energy Services industry average.
PE vs Market: TGS is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TGS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TGS is overvalued based on its PB Ratio (1.3x) compared to the NO Energy Services industry average (0.7x).
How is TGS-NOPEC Geophysical forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TGS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: TGS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TGS's is expected to become profitable in the next 3 years.
Revenue vs Market: TGS's revenue (5.9% per year) is forecast to grow faster than the Norwegian market (4.6% per year).
High Growth Revenue: TGS's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TGS's Return on Equity is forecast to be low in 3 years time (4.1%).
How has TGS-NOPEC Geophysical performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TGS is currently unprofitable.
Growing Profit Margin: TGS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TGS is unprofitable, but has reduced losses over the past 5 years at a rate of 0.8% per year.
Accelerating Growth: Unable to compare TGS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TGS is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-5.2%).
Return on Equity
High ROE: TGS has a negative Return on Equity (-8.96%), as it is currently unprofitable.
How is TGS-NOPEC Geophysical's financial position?
Financial Position Analysis
Short Term Liabilities: TGS's short term assets ($515.9M) exceed its short term liabilities ($511.7M).
Long Term Liabilities: TGS's short term assets ($515.9M) exceed its long term liabilities ($75.8M).
Debt to Equity History and Analysis
Debt Level: TGS is debt free.
Reducing Debt: TGS had no debt 5 years ago.
Debt Coverage: TGS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TGS has no debt, therefore coverage of interest payments is not a concern.
What is TGS-NOPEC Geophysical current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: TGS's dividend (3.9%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.89%).
High Dividend: TGS's dividend (3.9%) is low compared to the top 25% of dividend payers in the Norwegian market (5%).
Stability and Growth of Payments
Stable Dividend: TGS's dividend payments have been volatile in the past 10 years.
Growing Dividend: TGS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: TGS is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: TGS's dividends in 3 years are not forecast to be well covered by earnings (118.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kristian Johansen (49 yo)
Mr. Kristian Kuvaas Johansen has been the Chief Executive Officer of TGS-NOPEC Geophysical Company ASA since March 11, 2016 and has been its Interim Leader North & South America since January 13, 2017. Mr....
CEO Compensation Analysis
Compensation vs Market: Kristian's total compensation ($USD2.94M) is above average for companies of similar size in the Norwegian market ($USD621.95K).
Compensation vs Earnings: Kristian's compensation has increased whilst the company is unprofitable.
Experienced Management: TGS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: TGS's board of directors are considered experienced (6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TGS-NOPEC Geophysical Company ASA's company bio, employee growth, exchange listings and data sources
- Name: TGS-NOPEC Geophysical Company ASA
- Ticker: TGS
- Exchange: OB
- Founded: 1981
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: kr13.849b
- Shares outstanding: 117.07m
- Website: https://www.tgs.com
Number of Employees
- TGS-NOPEC Geophysical Company ASA
- Askekroken 11
TGS-NOPEC Geophysical Company ASA provides geoscience data products and services to the oil and gas industry worldwide. The company offers geophysical multi-client data, including seismic data; and geophys...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/16 02:52|
|End of Day Share Price||2021/05/14 00:00|
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.