TGS Stock Overview
TGS ASA provides geoscience data products and services to the oil and gas industry worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr140.20|
|52 Week High||kr178.30|
|52 Week Low||kr77.16|
|1 Month Change||-11.43%|
|3 Month Change||9.53%|
|1 Year Change||20.91%|
|3 Year Change||-41.39%|
|5 Year Change||-18.06%|
|Change since IPO||552.09%|
Recent News & Updates
Rainbows and Unicorns: TGS ASA (OB:TGS) Analysts Just Became A Lot More Optimistic
Celebrations may be in order for TGS ASA ( OB:TGS ) shareholders, with the analysts delivering a significant upgrade to...
|TGS||NO Energy Services||NO Market|
Return vs Industry: TGS underperformed the Norwegian Energy Services industry which returned 28.2% over the past year.
Return vs Market: TGS exceeded the Norwegian Market which returned 3.4% over the past year.
|TGS Average Weekly Movement||6.9%|
|Energy Services Industry Average Movement||10.0%|
|Market Average Movement||7.2%|
|10% most volatile stocks in NO Market||12.8%|
|10% least volatile stocks in NO Market||3.9%|
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.
About the Company
TGS 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 geophysical library, such as gravity, magnetic, seep, geothermal, controlled source electromagnetic, and multibeam data. It also provides geological services comprising digital well logs; and interpretation products and data integration solutions.
TGS Fundamentals Summary
|TGS fundamental statistics|
Is TGS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TGS income statement (TTM)|
|Cost of Revenue||US$11.56m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 21, 2022
|Earnings per share (EPS)||-0.59|
|Net Profit Margin||-13.39%|
How did TGS perform over the long term?See historical performance and comparison
3.9%Current Dividend Yield
Is TGS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TGS?
Other financial metrics that can be useful for relative valuation.
|What is TGS's n/a Ratio?|
Price to Sales Ratio vs Peers
How does TGS's PS Ratio compare to its peers?
|TGS PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
Price-To-Sales vs Peers: TGS is expensive based on its Price-To-Sales Ratio (3.2x) compared to the peer average (0.5x).
Price to Earnings Ratio vs Industry
How does TGS's PE Ratio compare vs other companies in the Norwegian Energy Services Industry?
Price-To-Sales vs Industry: TGS is expensive based on its Price-To-Sales Ratio (3.2x) compared to the Norwegian Energy Services industry average (1x)
Price to Sales Ratio vs Fair Ratio
What is TGS's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||3.2x|
|Fair PS Ratio||4.3x|
Price-To-Sales vs Fair Ratio: TGS is good value based on its Price-To-Sales Ratio (3.2x) compared to the estimated Fair Price-To-Sales Ratio (4.3x).
Share Price vs Fair Value
What is the Fair Price of TGS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TGS (NOK140.2) is trading below our estimate of fair value (NOK280.87)
Significantly Below Fair Value: TGS is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TGS's PEG Ratio to determine if it is good value.
Discover undervalued companies
How is TGS forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 (1.1%).
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 is expected to become profitable in the next 3 years.
Revenue vs Market: TGS's revenue (6% per year) is forecast to grow faster than the Norwegian market (0.2% per year).
High Growth Revenue: TGS's revenue (6% 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 (8%).
Discover growth companies
How has TGS performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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, and losses have increased over the past 5 years at a rate of 40.5% 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 (-45.5%).
Return on Equity
High ROE: TGS has a negative Return on Equity (-6.09%), as it is currently unprofitable.
Discover strong past performing companies
How is TGS's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TGS's short term assets ($442.1M) exceed its short term liabilities ($430.8M).
Long Term Liabilities: TGS's short term assets ($442.1M) exceed its long term liabilities ($63.4M).
Debt to Equity History and Analysis
Debt Level: TGS is debt free.
Reducing Debt: TGS has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: TGS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TGS has no debt, therefore coverage of interest payments is not a concern.
Discover healthy companies
What is TGS current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TGS's dividend (3.94%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.82%).
High Dividend: TGS's dividend (3.94%) is low compared to the top 25% of dividend payers in the Norwegian market (7.24%).
Stability and Growth of Payments
Stable Dividend: TGS's dividend payments have been volatile in the past 10 years.
Growing Dividend: TGS's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: TGS is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.5%), TGS's dividend payments are covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kristian Johansen (50 yo)
Mr. Kristian Kuvaas Johansen has been the Chief Executive Officer of TGS ASA (formerly known as TGS-NOPEC Geophysical Company ASA) since March 11, 2016 and has been its Interim Leader North & South America...
CEO Compensation Analysis
Compensation vs Market: Kristian's total compensation ($USD1.38M) is above average for companies of similar size in the Norwegian market ($USD769.67K).
Compensation vs Earnings: Kristian's compensation has been consistent with company performance over the past year.
Experienced Management: TGS's management team is considered experienced (3.4 years average tenure).
Experienced Board: TGS's board of directors are considered experienced (3.1 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TGS ASA's employee growth, exchange listings and data sources
- Name: TGS ASA
- Ticker: TGS
- Exchange: OB
- Founded: 1981
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: kr16.249b
- Shares outstanding: 115.90m
- Website: https://www.tgs.com
Number of Employees
- TGS ASA
- Askekroken 11
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 00:00|
|End of Day Share Price||2022/06/24 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.