TGS Future Growth
Future criteria checks 4/6
TGS is forecast to grow earnings and revenue by 42.2% and 16.2% per annum respectively. EPS is expected to grow by 40.2% per annum. Return on equity is forecast to be 12.6% in 3 years.
Key information
42.2%
Earnings growth rate
40.2%
EPS growth rate
Energy Services earnings growth | 27.5% |
Revenue growth rate | 16.2% |
Future return on equity | 12.6% |
Analyst coverage | Good |
Last updated | 29 Jan 2025 |
Recent future growth updates
Earnings Miss: TGS ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts
Oct 27Results: TGS ASA Exceeded Expectations And The Consensus Has Updated Its Estimates
Jul 23Recent updates
Getting In Cheap On TGS ASA (OB:TGS) Might Be Difficult
Dec 28We Think That There Are More Issues For TGS (OB:TGS) Than Just Sluggish Earnings
Nov 02Earnings Miss: TGS ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts
Oct 27Why We're Not Concerned Yet About TGS ASA's (OB:TGS) 27% Share Price Plunge
Sep 27Broker Revenue Forecasts For TGS ASA (OB:TGS) Are Surging Higher
Sep 25These 4 Measures Indicate That TGS (OB:TGS) Is Using Debt Reasonably Well
Aug 31New Forecasts: Here's What One Analyst Thinks The Future Holds For TGS ASA (OB:TGS)
Jul 25Results: TGS ASA Exceeded Expectations And The Consensus Has Updated Its Estimates
Jul 23Why Investors Shouldn't Be Surprised By TGS ASA's (OB:TGS) P/S
Jul 15Is TGS ASA (OB:TGS) Trading At A 28% Discount?
May 26There's Reason For Concern Over TGS ASA's (OB:TGS) Massive 28% Price Jump
Apr 11TGS' (OB:TGS) Soft Earnings Are Actually Better Than They Appear
Feb 22Estimating The Fair Value Of TGS ASA (OB:TGS)
Dec 15Are Investors Undervaluing TGS ASA (OB:TGS) By 35%?
Sep 16TGS (OB:TGS) Seems To Use Debt Quite Sensibly
Jul 11Is TGS ASA (OB:TGS) Trading At A 35% Discount?
Jun 01Here's Why TGS (OB:TGS) Can Manage Its Debt Responsibly
Mar 31TGS ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 12New Forecasts: Here's What Analysts Think The Future Holds For TGS ASA (OB:TGS)
Feb 09Are Investors Undervaluing TGS ASA (OB:TGS) By 45%?
Jan 11Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2027 | 1,749 | 246 | 399 | 963 | 1 |
12/31/2026 | 1,825 | 289 | 306 | 864 | 6 |
12/31/2025 | 1,831 | 259 | 312 | 904 | 6 |
12/31/2024 | 1,527 | 141 | 221 | 721 | 6 |
9/30/2024 | 1,017 | 47 | 170 | 595 | N/A |
6/30/2024 | 791 | 26 | 95 | 533 | N/A |
3/31/2024 | 773 | 14 | 51 | 500 | N/A |
12/31/2023 | 794 | 22 | 146 | 585 | N/A |
9/30/2023 | 824 | 74 | 144 | 556 | N/A |
6/30/2023 | 734 | 55 | 106 | 395 | N/A |
3/31/2023 | 758 | 58 | 196 | 425 | N/A |
12/31/2022 | 717 | 88 | 119 | 343 | N/A |
9/30/2022 | 602 | -32 | 139 | 344 | N/A |
6/30/2022 | 667 | -27 | 133 | 353 | N/A |
3/31/2022 | 508 | -68 | 100 | 313 | N/A |
12/31/2021 | 519 | -76 | 160 | 328 | N/A |
9/30/2021 | 597 | 12 | 108 | 256 | N/A |
6/30/2021 | 456 | -62 | 109 | 268 | N/A |
3/31/2021 | 450 | -124 | 56 | 320 | N/A |
12/31/2020 | 360 | -167 | -37 | 355 | N/A |
9/30/2020 | 395 | -108 | 66 | 528 | N/A |
6/30/2020 | 499 | 2 | 23 | 537 | N/A |
3/31/2020 | 538 | 79 | 59 | 498 | N/A |
12/31/2019 | 586 | 113 | 205 | 561 | N/A |
9/30/2019 | 641 | 168 | 73 | 402 | N/A |
6/30/2019 | 612 | 161 | 123 | 428 | N/A |
3/31/2019 | 615 | 186 | 173 | 496 | N/A |
12/31/2018 | 614 | 179 | 101 | 390 | N/A |
9/30/2018 | 496 | 109 | 184 | 464 | N/A |
6/30/2018 | 505 | 85 | N/A | 454 | N/A |
3/31/2018 | 505 | 71 | N/A | 379 | N/A |
12/31/2017 | 492 | 76 | N/A | 461 | N/A |
9/30/2017 | 500 | 50 | N/A | 403 | N/A |
6/30/2017 | 472 | 43 | N/A | 408 | N/A |
3/31/2017 | 478 | 50 | N/A | 364 | N/A |
12/31/2016 | 456 | 28 | N/A | 324 | N/A |
9/30/2016 | 423 | -123 | N/A | 345 | N/A |
6/30/2016 | 479 | -85 | N/A | 374 | N/A |
3/31/2016 | 505 | -77 | N/A | 451 | N/A |
12/31/2015 | 612 | -28 | N/A | 567 | N/A |
9/30/2015 | 778 | 125 | N/A | 599 | N/A |
6/30/2015 | 799 | 139 | N/A | 664 | N/A |
3/31/2015 | 864 | 176 | N/A | 644 | N/A |
12/31/2014 | 915 | 216 | N/A | 605 | N/A |
9/30/2014 | 888 | 268 | N/A | 687 | N/A |
6/30/2014 | 889 | 270 | N/A | 618 | N/A |
3/31/2014 | 895 | 277 | N/A | 585 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TGS's forecast earnings growth (42.2% per year) is above the savings rate (2.4%).
Earnings vs Market: TGS's earnings (42.2% per year) are forecast to grow faster than the Norwegian market (9.3% per year).
High Growth Earnings: TGS's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TGS's revenue (16.2% per year) is forecast to grow faster than the Norwegian market (2% per year).
High Growth Revenue: TGS's revenue (16.2% 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 (12.6%).
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/01/31 18:23 |
End of Day Share Price | 2025/01/31 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
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.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* 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
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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 33 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
null null | ABG Sundal Collier |
Iver Baatvik | ABN AMRO Bank N.V. |
Christian Yggeseth | Arctic Securities ASA |