TGS Future Growth
Future criteria checks 4/6
TGS is forecast to grow earnings and revenue by 38.4% and 10% per annum respectively. EPS is expected to grow by 42.3% per annum. Return on equity is forecast to be 11.6% in 3 years.
Key information
38.4%
Earnings growth rate
42.3%
EPS growth rate
Energy Services earnings growth | 28.7% |
Revenue growth rate | 10.0% |
Future return on equity | 11.6% |
Analyst coverage | Low |
Last updated | 19 Jul 2024 |
Recent future growth updates
Recent updates
Results: 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 11TGS (OB:TGS) Is Increasing Its Dividend To $1.48
Oct 30Analysts Just Shipped A Substantial Upgrade To Their TGS ASA (OB:TGS) Estimates
Oct 12Analyst Forecasts For TGS ASA (OB:TGS) Are Surging Higher
Aug 12Rainbows and Unicorns: TGS ASA (OB:TGS) Analysts Just Became A Lot More Optimistic
Jul 26Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 1,049 | 154 | 159 | 562 | 3 |
12/31/2025 | 1,067 | 154 | 149 | 545 | 4 |
12/31/2024 | 985 | 133 | 42 | 544 | 4 |
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 | 156 | 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 |
12/31/2013 | 883 | 269 | N/A | 543 | N/A |
9/30/2013 | 893 | 269 | N/A | 573 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TGS's forecast earnings growth (38.4% per year) is above the savings rate (2.1%).
Earnings vs Market: TGS's earnings (38.4% per year) are forecast to grow faster than the Norwegian market (13% per year).
High Growth Earnings: TGS's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TGS's revenue (10% per year) is forecast to grow faster than the Norwegian market (2% per year).
High Growth Revenue: TGS's revenue (10% 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 (11.6%).