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TGS OB:TGS Stock Report

Last Price

NOK 106.90

Market Cap

NOK 21.1b

7D

4.2%

1Y

-22.0%

Updated

21 Nov, 2024

Data

Company Financials +

TGS ASA

OB:TGS Stock Report

Market Cap: NOK 21.1b

TGS Stock Overview

Provides geoscience data services to the oil and gas industry worldwide. More details

TGS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance1/6
Financial Health3/6
Dividends2/6

Rewards

Trading at 69% below our estimate of its fair value

Earnings are forecast to grow 33.07% per year

Risk Analysis

Shareholders have been diluted in the past year

Large one-off items impacting financial results

Profit margins (4.6%) are lower than last year (9%)

Dividend of 5.78% is not well covered by earnings


TGS ASA Competitors

Aker Solutions

OB:AKSO

NOK 23.5b

DOF Group

OB:DOFG

NOK 16.3b

Subsea 7

OB:SUBC

NOK 54.2b

Sea1 Offshore

OB:SEA1

NOK 4.6b

Price History & Performance

Summary of all time highs, changes and price drops for TGS
Historical stock prices
Current Share PriceNOK 106.90
52 Week HighNOK 140.60
52 Week LowNOK 93.25
Beta0.99
11 Month Change10.89%
3 Month Change-18.40%
1 Year Change-21.97%
33 Year Change19.39%
5 Year Change-59.17%
Change since IPO397.21%

Recent News & Updates

We Think That There Are More Issues For TGS (OB:TGS) Than Just Sluggish Earnings

Nov 02
We Think That There Are More Issues For TGS (OB:TGS) Than Just Sluggish Earnings

Earnings Miss: TGS ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts

Oct 27
Earnings Miss: TGS ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts

Recent updates

We Think That There Are More Issues For TGS (OB:TGS) Than Just Sluggish Earnings

Nov 02
We Think That There Are More Issues For TGS (OB:TGS) Than Just Sluggish Earnings

Earnings Miss: TGS ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts

Oct 27
Earnings Miss: TGS ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts

Why We're Not Concerned Yet About TGS ASA's (OB:TGS) 27% Share Price Plunge

Sep 27
Why We're Not Concerned Yet About TGS ASA's (OB:TGS) 27% Share Price Plunge

Broker Revenue Forecasts For TGS ASA (OB:TGS) Are Surging Higher

Sep 25
Broker Revenue Forecasts For TGS ASA (OB:TGS) Are Surging Higher

These 4 Measures Indicate That TGS (OB:TGS) Is Using Debt Reasonably Well

Aug 31
These 4 Measures Indicate That TGS (OB:TGS) Is Using Debt Reasonably Well

New Forecasts: Here's What One Analyst Thinks The Future Holds For TGS ASA (OB:TGS)

Jul 25
New Forecasts: Here's What One Analyst Thinks The Future Holds For TGS ASA (OB:TGS)

Results: TGS ASA Exceeded Expectations And The Consensus Has Updated Its Estimates

Jul 23
Results: TGS ASA Exceeded Expectations And The Consensus Has Updated Its Estimates

Why Investors Shouldn't Be Surprised By TGS ASA's (OB:TGS) P/S

Jul 15
Why Investors Shouldn't Be Surprised By TGS ASA's (OB:TGS) P/S

Is TGS ASA (OB:TGS) Trading At A 28% Discount?

May 26
Is TGS ASA (OB:TGS) Trading At A 28% Discount?

There's Reason For Concern Over TGS ASA's (OB:TGS) Massive 28% Price Jump

Apr 11
There's Reason For Concern Over TGS ASA's (OB:TGS) Massive 28% Price Jump

TGS' (OB:TGS) Soft Earnings Are Actually Better Than They Appear

Feb 22
TGS' (OB:TGS) Soft Earnings Are Actually Better Than They Appear

Estimating The Fair Value Of TGS ASA (OB:TGS)

Dec 15
Estimating The Fair Value Of TGS ASA (OB:TGS)

Are Investors Undervaluing TGS ASA (OB:TGS) By 35%?

Sep 16
Are Investors Undervaluing TGS ASA (OB:TGS) By 35%?

TGS (OB:TGS) Seems To Use Debt Quite Sensibly

Jul 11
TGS (OB:TGS) Seems To Use Debt Quite Sensibly

Is TGS ASA (OB:TGS) Trading At A 35% Discount?

Jun 01
Is TGS ASA (OB:TGS) Trading At A 35% Discount?

Here's Why TGS (OB:TGS) Can Manage Its Debt Responsibly

Mar 31
Here's Why TGS (OB:TGS) Can Manage Its Debt Responsibly

TGS ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Feb 12
TGS ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

New Forecasts: Here's What Analysts Think The Future Holds For TGS ASA (OB:TGS)

Feb 09
New Forecasts: Here's What Analysts Think The Future Holds For TGS ASA (OB:TGS)

Are Investors Undervaluing TGS ASA (OB:TGS) By 45%?

Jan 11
Are Investors Undervaluing TGS ASA (OB:TGS) By 45%?

Shareholder Returns

TGSNO Energy ServicesNO Market
7D4.2%1.9%3.1%
1Y-22.0%6.3%3.9%

Return vs Industry: TGS underperformed the Norwegian Energy Services industry which returned 6.3% over the past year.

Return vs Market: TGS underperformed the Norwegian Market which returned 3.9% over the past year.

Price Volatility

Is TGS's price volatile compared to industry and market?
TGS volatility
TGS Average Weekly Movement5.9%
Energy Services Industry Average Movement5.7%
Market Average Movement5.2%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market2.7%

Stable Share Price: TGS has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: TGS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981873Kristian Johansenwww.tgs.com

TGS ASA provides geoscience data services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing.

TGS ASA Fundamentals Summary

How do TGS's earnings and revenue compare to its market cap?
TGS fundamental statistics
Market capNOK 21.11b
Earnings (TTM)NOK 520.62m
Revenue (TTM)NOK 11.23b

40.3x

P/E Ratio

1.9x

P/S Ratio

Is TGS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TGS income statement (TTM)
RevenueUS$1.02b
Cost of RevenueUS$208.79m
Gross ProfitUS$808.10m
Other ExpensesUS$760.95m
EarningsUS$47.15m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 20, 2025

Earnings per share (EPS)0.24
Gross Margin79.47%
Net Profit Margin4.64%
Debt/Equity Ratio34.7%

How did TGS perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

192%

Payout Ratio