SNGN Romgaz SA

BVB:SNG Stock Report

Market Cap: RON 51.3b

SNGN Romgaz Past Earnings Performance

Past criteria checks 4/6

SNGN Romgaz has been growing earnings at an average annual rate of 14.1%, while the Oil and Gas industry saw earnings growing at 8% annually. Revenues have been growing at an average rate of 3.3% per year. SNGN Romgaz's return on equity is 18.8%, and it has net margins of 43.1%.

Key information

14.11%

Earnings growth rate

14.07%

EPS growth rate

Oil and Gas Industry Growth18.07%
Revenue growth rate3.30%
Return on equity18.76%
Net Margin43.11%
Next Earnings Update14 Aug 2026

Recent past performance updates

Recent updates

Narrative Update Jun 04

SNG: Upcoming Shareholder Meetings Will Pressure Overvalued Shares Despite Rich Earnings Assumptions

Analysts now estimate SNGN Romgaz’s fair value at RON 8.98, up from RON 8.14, citing adjustments to revenue growth, profit margin assumptions, and future P/E expectations. What's in the News A special shareholders meeting is scheduled for April 29, 2026 at 13:00 E.
Narrative Update Apr 29

SNG: April Shareholder Meetings Will Pressure Shares Despite Rich Earnings Assumptions

Analysts have lifted their price target for SNGN Romgaz from RON 7.94 to RON 8.14, citing updated assumptions around fair value, profit margins and forward P/E multiples. What's in the News SNGN Romgaz has scheduled a special or extraordinary shareholders meeting on April 16, 2026 at 13:00 E.
Narrative Update Apr 15

SNG: Upcoming April Shareholder Meetings Will Pressure Shares Despite Rich Earnings Assumptions

Analysts kept their RON price target for SNGN Romgaz effectively unchanged, indicating that their views on fair value, discount rate, growth and P/E assumptions remain broadly consistent with prior estimates. What's in the News A special and extraordinary shareholders meeting is scheduled for April 16, 2026, at 13:00 E.
Narrative Update Apr 01

SNG: Upcoming Shareholder Meetings Will Reinforce Concerns About Future Overvaluation

Analysts kept their RON fair value estimate for SNGN Romgaz unchanged at RON 7.15, explaining the stable price target by balancing slightly higher modeled revenue growth with a marginally lower profit margin and a small adjustment to the forward P/E assumption. What's in the News Special shareholders meeting scheduled for April 16, 2026, at 13:00 E.
Narrative Update Mar 18

SNG: Upcoming Shareholder Meeting Will Pressure Shares Despite Rich Earnings Assumptions

Analysts now set a higher price target for SNGN Romgaz at RON7.94 versus RON7.70 previously, citing updated assumptions for revenue growth, profit margins, and future P/E as key drivers behind the revision. What's in the News A Special or Extraordinary Shareholders Meeting is scheduled for April 16, 2026, at 13:00 E.
Narrative Update Mar 04

SNG: Future Profit Stability And Lower P/E Will Signal Overvaluation

Analysts have raised their fair value estimate for SNGN Romgaz from RON 5.21 to RON 7.15, reflecting updated assumptions that now factor in a shift from a 5.41% revenue contraction to 14.39% revenue growth expectations, a slightly lower discount rate of 12.30%, a stable profit margin near 38.06%, and a trimmed future P/E of 8.21. Valuation Changes Fair Value: updated from RON 5.21 to RON 7.15, representing a sizeable uplift in the estimated share value.
Narrative Update Feb 18

SNG: Refined Discount Rate And Lower Future P/E Will Pressure Shares

Analysts have slightly adjusted their view on SNGN Romgaz, with the updated price target now reflecting a valuation consistent with an 8.2 RON fair value. This is supported by small refinements to the discount rate, revenue growth and future P/E assumptions.
Narrative Update Feb 03

SNG: Upcoming Shareholder Meeting Will Likely Pressure Overvalued Share Price

Analysts have lifted their fair value estimate for SNGN Romgaz from €7.26 to €7.70, pointing to updated assumptions for revenue growth, profit margins, and future P/E levels as the key drivers of the change. What's in the News SNGN Romgaz has scheduled a Special and Extraordinary Shareholders Meeting for December 18, 2025, at 13:00 E.
Narrative Update Jan 20

SNG: Upcoming Shareholder Meeting And Board Mandate Changes Will Pressure Shares

Analysts kept their fair value estimate for SNGN Romgaz unchanged, pointing to largely stable assumptions on the discount rate, revenue growth, profit margin, and future P/E as the basis for leaving their price target steady. What's in the News A Special / Extraordinary Shareholders Meeting is scheduled for December 18, 2025, at 13:00 Eastern Europe Standard Time, at SNGN Romgaz's Bucharest working point, 59 Grigore Alexandrescu Street, 5th floor, Bucharest, Romania (Key Developments).
Narrative Update Jan 06

SNG: Boardroom Turnover And Contract Changes Will Likely Pressure Future Shares

Analysts have updated their view on SNGN Romgaz, setting a price target that reflects slightly lower revenue growth assumptions at 21.67%, a higher profit margin at 35.98%, and a modestly reduced future P/E of 8.30, while keeping fair value unchanged. What's in the News A special shareholders meeting is set for November 11, 2025 in Bucharest to vote on revoking current interim board members and electing a new board through a secret ballot (Key Developments).
Narrative Update Dec 16

SNG: Higher Governance Uncertainty Will Likely Pressure Future Share Performance

The analyst consensus price target for SNGN Romgaz has been raised by roughly 11 percent, as analysts factor in stronger expected revenue growth and a modestly higher future earnings multiple, despite a slightly lower projected profit margin and a marginally higher discount rate. What's in the News SNGN Romgaz has scheduled a special and extraordinary shareholders meeting for November 11, 2025 in Bucharest to vote on revoking interim board members, electing a new board, and setting their mandate through March 16, 2027, alongside other business matters (company event notice).
Narrative Update Dec 02

SNG: Upcoming Board Decisions Will Likely Weigh On Share Price Momentum

Analysts have modestly raised their price target on SNGN Romgaz, as ongoing improvements in projected revenue growth and profit margins support a recalibration of fair value to RON 7.26 per share. What's in the News A Memorandum of Understanding was signed between Electrica and Romgaz to jointly develop renewable energy production and storage capacities of up to 400 MW.
Narrative Update Nov 18

SNG: Upcoming Shareholders Meetings May Undermine Investor Confidence Through Year End

Analysts have raised their price target for SNGN Romgaz from RON 7.10 to RON 7.26, citing modest improvements in fair value estimates and slight adjustments in growth assumptions. What's in the News Romgaz and Electrica signed a Memorandum of Understanding to jointly develop up to 400 MW of renewable energy capacity through Greenfield projects.
Narrative Update Nov 03

SNG: Renewables Partnership Will Weigh On Future Overvaluation And Margins

Analysts have made a minor downward revision to SNGN Romgaz's price target, citing a slight decrease of less than 1% in their discount rate assumptions. They have maintained stable outlooks for revenue growth and profit margins.
Narrative Update Oct 20

Neptun Deep Will Revitalize Romanian Gas While Facing Limits

Analysts have left their price target for SNGN Romgaz unchanged at €7.10, citing minimal adjustments to key forecast variables and as a result maintaining their current valuation outlook. What's in the News Electrica and Romgaz have signed a Memorandum of Understanding to jointly develop up to 400 MW of renewable energy production and storage capacity in Romania, focusing on Greenfield projects (Key Developments).
Narrative Update Oct 05

Neptun Deep Will Revitalize Romanian Gas While Facing Limits

Analysts have raised their price target for SNGN Romgaz from RON 6.58 to RON 7.10, citing stronger projected revenue growth and a slight reduction in the discount rate as key factors behind the upward adjustment. What's in the News Romgaz and Electrica signed a Memorandum of Understanding to jointly develop up to 400 MW of renewable energy production and storage capacity, exclusively through Greenfield projects.
Narrative Update Sep 20

Neptun Deep Will Revitalize Romanian Gas While Facing Limits

SNGN Romgaz's consensus analyst price target has risen to RON6.58, reflecting improved revenue growth forecasts and a slight increase in net profit margin. What's in the News Romgaz and Electrica signed a Memorandum of Understanding to jointly develop up to 400 MW of renewable energy production and storage through greenfield projects, with Electrica as main developer and Romgaz as minority partner.
Narrative Update Aug 21

Neptun Deep Will Revitalize Romanian Gas While Facing Limits

With the consensus analyst price target, discount rate, and future P/E remaining virtually unchanged, fundamental expectations for SNGN Romgaz appear stable, resulting in a maintained fair value estimate of RON6.04. What's in the News Board meeting called to consider supplementing the agenda of the upcoming Ordinary General Meeting of Shareholders.
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New Narrative Dec 15

GEO No91 And Price Cuts Will Erode Revenue And Shrink Net Margins

Reduced regulated gas prices and increased royalties could negatively affect Romgaz's revenue and net margins due to decreased income and increased operational costs.

Revenue & Expenses Breakdown

How SNGN Romgaz makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BVB:SNG Revenue, expenses and earnings (RON Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 267,7833,3552,2590
31 Dec 258,0263,3332,2660
30 Sep 258,3473,3672,2060
30 Jun 258,2813,0482,1960
31 Mar 258,0372,9122,1140
31 Dec 247,9293,2062,0690
30 Sep 247,8212,9172,1030
30 Jun 248,0022,9642,1510
31 Mar 248,3663,0872,3380
31 Dec 239,0022,8122,0790
30 Sep 239,3572,4781,7070
30 Jun 2310,7612,5061,4350
31 Mar 2312,3432,5379970
31 Dec 2213,3602,5479610
30 Sep 2213,1692,9965800
30 Jun 2211,0992,8794630
31 Mar 228,4512,4314370
31 Dec 215,8531,9154180
30 Sep 214,6531,4627590
30 Jun 214,1321,2097380
31 Mar 213,9721,1407300
31 Dec 204,0751,2487750
30 Sep 204,2088467740
30 Jun 204,3999157860
31 Mar 204,7981,1207610
31 Dec 195,0801,0907530
30 Sep 195,3501,5557470
30 Jun 195,4041,5597230
31 Mar 195,2351,4427100
31 Dec 185,0041,3667390
30 Sep 184,7881,6067230
30 Jun 184,6671,6997020
31 Mar 184,5701,7096890
31 Dec 174,5851,8046110
30 Sep 174,2521,5055590
30 Jun 173,9541,2975320
31 Mar 173,5461,0965010
31 Dec 163,4121,0254980
30 Sep 163,5219335090
30 Jun 163,6671,0435140
31 Mar 164,0511,1215150
31 Dec 154,0531,1945120
30 Sep 154,1401,2715580
30 Jun 154,2021,3065380

Quality Earnings: SNG has a high level of non-cash earnings.

Growing Profit Margin: SNG's current net profit margins (43.1%) are higher than last year (36.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SNG's earnings have grown by 14.1% per year over the past 5 years.

Accelerating Growth: SNG's earnings growth over the past year (15.2%) exceeds its 5-year average (14.1% per year).

Earnings vs Industry: SNG earnings growth over the past year (15.2%) exceeded the Oil and Gas industry 5.9%.


Return on Equity

High ROE: SNG's Return on Equity (18.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/14 01:11
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

SNGN Romgaz SA is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander BurganskyDeutsche Bank
Tamas PletserErste Group Bank AG
Geydar MamedovGoldman Sachs