TGS ASA Logo

TGS ASA

TGS.OL

(2.8)
Stock Price

101,40 NOK

3.23% ROA

2.08% ROE

45.59x PER

Market Cap.

1.806.470.411,08 NOK

14.39% DER

6.14% Yield

3.34% NPM

TGS ASA Stock Analysis

TGS ASA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

TGS ASA Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (10%), which means it has a small amount of debt compared to the ownership it holds

2 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

3 ROE

ROE in an average range (4.65%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (6.82%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.32x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

7 Net Profit Growth

Throughout the last three years, this company has experienced consistent net profit growth, reflecting a robust financial performance and making it an attractive investment prospect.

8 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

9 Dividend Growth

The company's dividend growth has been consistently strong over the past three years, with annual increases that demonstrate its commitment to rewarding shareholders.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-56), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

TGS ASA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

TGS ASA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

TGS ASA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

TGS ASA Revenue
Year Revenue Growth
2002 124.434.000
2003 136.912.000 9.11%
2004 171.633.000 20.23%
2005 240.352.000 28.59%
2006 395.853.000 39.28%
2007 452.754.000 12.57%
2008 565.788.000 19.98%
2009 477.695.000 -18.44%
2010 568.263.000 15.94%
2011 608.568.000 6.62%
2012 932.239.000 34.72%
2013 883.444.000 -5.52%
2014 914.785.000 3.43%
2015 612.347.000 -49.39%
2016 455.991.000 -34.29%
2017 492.181.000 7.35%
2018 614.239.000 19.87%
2019 585.610.000 -4.89%
2020 319.453.000 -83.32%
2021 518.689.000 38.41%
2022 716.633.000 27.62%
2023 901.788.000 20.53%
2023 794.297.000 -13.53%
2024 897.228.000 11.47%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

TGS ASA Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

TGS ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 0
2003 0 0%
2004 228.000 100%
2005 279.000 18.28%
2006 540.000 48.33%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

TGS ASA EBITDA
Year EBITDA Growth
2002 12.252.000
2003 21.773.000 43.73%
2004 131.169.000 83.4%
2005 196.760.000 33.34%
2006 329.147.000 40.22%
2007 368.081.000 10.58%
2008 407.983.000 9.78%
2009 405.798.000 -0.54%
2010 237.574.000 -70.81%
2011 489.886.000 51.5%
2012 828.789.000 40.89%
2013 731.005.000 -13.38%
2014 793.913.000 7.92%
2015 495.779.000 -60.13%
2016 363.406.000 -36.43%
2017 411.810.000 11.75%
2018 517.434.000 20.41%
2019 460.132.000 -12.45%
2020 431.447.000 -6.65%
2021 680.083.000 36.56%
2022 560.284.000 -21.38%
2023 446.404.000 -25.51%
2023 400.694.000 -11.41%
2024 514.324.000 22.09%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

TGS ASA Gross Profit
Year Gross Profit Growth
2002 121.448.000
2003 134.335.000 9.59%
2004 167.634.000 19.86%
2005 239.504.000 30.01%
2006 389.775.000 38.55%
2007 422.476.000 7.74%
2008 529.560.000 20.22%
2009 469.306.000 -12.84%
2010 315.412.000 -48.79%
2011 595.406.000 47.03%
2012 500.352.000 -19%
2013 517.292.000 3.27%
2014 497.703.000 -3.94%
2015 91.219.000 -445.61%
2016 140.493.000 35.07%
2017 179.771.000 21.85%
2018 333.982.000 46.17%
2019 257.461.000 -29.72%
2020 34.934.000 -636.99%
2021 313.533.000 88.86%
2022 291.597.000 -7.52%
2023 328.688.000 11.28%
2023 253.888.000 -29.46%
2024 425.400.000 40.32%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

TGS ASA Net Profit
Year Net Profit Growth
2002 29.624.000
2003 28.393.000 -4.34%
2004 38.657.000 26.55%
2005 65.138.000 40.65%
2006 150.890.000 56.83%
2007 135.015.000 -11.76%
2008 113.792.000 -18.65%
2009 162.471.000 29.96%
2010 155.783.000 -4.29%
2011 170.688.000 8.73%
2012 284.453.000 39.99%
2013 269.178.000 -5.67%
2014 215.676.000 -24.81%
2015 -28.368.000 860.28%
2016 28.220.000 200.52%
2017 75.594.000 62.67%
2018 178.800.000 57.72%
2019 113.111.000 -58.07%
2020 -188.598.000 159.97%
2021 -75.984.000 -148.21%
2022 87.796.000 186.55%
2023 67.124.000 -30.8%
2023 21.646.000 -210.1%
2024 140.976.000 84.65%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

TGS ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 1 100%
2007 1 0%
2008 1 0%
2009 2 0%
2010 2 0%
2011 2 0%
2012 3 50%
2013 3 0%
2014 2 0%
2015 0 0%
2016 0 0%
2017 1 0%
2018 2 100%
2019 1 0%
2020 -2 200%
2021 -1 0%
2022 1 0%
2023 1 0%
2023 0 0%
2024 12 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

TGS ASA Free Cashflow
Year Free Cashflow Growth
2002 -2.387.000
2003 16.795.000 114.21%
2004 13.485.000 -24.55%
2005 52.429.000 74.28%
2006 139.084.000 62.3%
2007 117.767.000 -18.1%
2008 347.269.000 66.09%
2009 78.040.000 -344.99%
2010 -276.524.000 128.22%
2011 -296.295.000 6.67%
2012 154.778.000 291.43%
2013 82.204.000 -88.29%
2014 141.467.000 41.89%
2015 55.503.000 -154.88%
2016 82.941.000 33.08%
2017 113.423.000 26.87%
2018 100.591.000 -12.76%
2019 205.390.000 51.02%
2020 -36.618.000 660.9%
2021 132.580.000 127.62%
2022 118.602.000 -11.79%
2023 43.528.000 -172.47%
2023 146.451.000 70.28%
2024 8.155.000 -1695.84%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

TGS ASA Operating Cashflow
Year Operating Cashflow Growth
2002 -2.387.000
2003 18.195.000 113.12%
2004 103.790.000 82.47%
2005 148.908.000 30.3%
2006 282.618.000 47.31%
2007 269.729.000 -4.78%
2008 350.842.000 23.12%
2009 326.121.000 -7.58%
2010 0 0%
2011 0 0%
2012 663.396.000 100%
2013 543.480.000 -22.06%
2014 605.011.000 10.17%
2015 566.513.000 -6.8%
2016 324.366.000 -74.65%
2017 461.306.000 29.69%
2018 390.022.000 -18.28%
2019 560.648.000 30.43%
2020 354.728.000 -58.05%
2021 317.649.000 -11.67%
2022 343.153.000 7.43%
2023 202.509.000 -69.45%
2023 584.652.000 65.36%
2024 89.089.000 -556.26%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

TGS ASA Capital Expenditure
Year Capital Expenditure Growth
2002 0
2003 1.400.000 100%
2004 90.305.000 98.45%
2005 96.479.000 6.4%
2006 143.534.000 32.78%
2007 151.962.000 5.55%
2008 3.573.000 -4153.06%
2009 248.081.000 98.56%
2010 276.524.000 10.29%
2011 296.295.000 6.67%
2012 508.618.000 41.75%
2013 461.276.000 -10.26%
2014 463.544.000 0.49%
2015 511.010.000 9.29%
2016 241.425.000 -111.66%
2017 347.883.000 30.6%
2018 289.431.000 -20.2%
2019 355.258.000 18.53%
2020 391.346.000 9.22%
2021 185.069.000 -111.46%
2022 224.551.000 17.58%
2023 158.981.000 -41.24%
2023 438.201.000 63.72%
2024 80.934.000 -441.43%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

TGS ASA Equity
Year Equity Growth
2002 165.974.000
2003 195.914.000 15.28%
2004 239.542.000 18.21%
2005 320.768.000 25.32%
2006 477.039.400 32.76%
2007 567.833.000 15.99%
2008 661.063.000 14.1%
2009 839.856.000 21.29%
2010 908.771.000 7.58%
2011 973.021.000 6.6%
2012 1.168.361.000 16.72%
2013 1.292.979.000 9.64%
2014 1.339.201.000 3.45%
2015 1.198.088.000 -11.78%
2016 1.169.125.000 -2.48%
2017 1.200.102.000 2.58%
2018 1.251.699.000 4.12%
2019 1.545.805.000 19.03%
2020 1.265.841.000 -22.12%
2021 1.115.328.000 -13.49%
2022 1.239.763.000 10.04%
2023 1.275.576.000 2.81%
2023 1.301.823.000 2.02%
2024 1.260.517.000 -3.28%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

TGS ASA Assets
Year Assets Growth
2002 228.754.000
2003 249.719.000 8.4%
2004 345.344.000 27.69%
2005 464.739.000 25.69%
2006 676.232.000 31.28%
2007 852.640.000 20.69%
2008 954.317.000 10.65%
2009 1.144.278.000 16.6%
2010 1.216.916.000 5.97%
2011 1.333.182.000 8.72%
2012 1.660.721.000 19.72%
2013 1.736.257.000 4.35%
2014 1.767.618.000 1.77%
2015 1.455.247.000 -21.47%
2016 1.476.575.000 1.44%
2017 1.424.100.000 -3.68%
2018 1.624.412.000 12.33%
2019 2.194.889.000 25.99%
2020 2.015.409.000 -8.91%
2021 1.629.827.000 -23.66%
2022 1.838.897.000 11.37%
2023 1.956.414.000 6.01%
2023 2.064.134.000 5.22%
2024 2.065.937.000 0.09%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

TGS ASA Liabilities
Year Liabilities Growth
2002 62.780.000
2003 53.805.000 -16.68%
2004 105.802.000 49.15%
2005 143.971.000 26.51%
2006 199.193.000 27.72%
2007 284.807.000 30.06%
2008 293.254.000 2.88%
2009 304.422.000 3.67%
2010 308.145.000 1.21%
2011 360.161.000 14.44%
2012 492.360.000 26.85%
2013 443.278.000 -11.07%
2014 428.417.000 -3.47%
2015 257.159.000 -66.6%
2016 307.450.000 16.36%
2017 223.998.000 -37.26%
2018 372.713.000 39.9%
2019 649.084.000 42.58%
2020 749.568.000 13.41%
2021 514.499.000 -45.69%
2022 599.134.000 14.13%
2023 680.838.000 12%
2023 762.311.000 10.69%
2024 805.420.000 5.35%

TGS ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.05
Net Income per Share
0.2
Price to Earning Ratio
45.59x
Price To Sales Ratio
2.28x
POCF Ratio
2.26
PFCF Ratio
18.99
Price to Book Ratio
0.96
EV to Sales
2.35
EV Over EBITDA
4.37
EV to Operating CashFlow
3.5
EV to FreeCashFlow
19.58
Earnings Yield
0.02
FreeCashFlow Yield
0.05
Market Cap
1,81 Bil.
Enterprise Value
1,86 Bil.
Graham Number
6.61
Graham NetNet
-3.71

Income Statement Metrics

Net Income per Share
0.2
Income Quality
7.41
ROE
0.02
Return On Assets
0.01
Return On Capital Employed
0.06
Net Income per EBT
0.37
EBT Per Ebit
0.87
Ebit per Revenue
0.1
Effective Tax Rate
0.63

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.36
Operating Profit Margin
0.1
Pretax Profit Margin
0.09
Net Profit Margin
0.03

Dividends

Dividend Yield
0.06
Dividend Yield %
6.14
Payout Ratio
2.73
Dividend Per Share
6.06

Operating Metrics

Operating Cashflow per Share
4.07
Free CashFlow per Share
0.73
Capex to Operating CashFlow
0.82
Capex to Revenue
0.55
Capex to Depreciation
1.29
Return on Invested Capital
0.02
Return on Tangible Assets
0.03
Days Sales Outstanding
116.79
Days Payables Outstanding
54.84
Days of Inventory on Hand
6.47
Receivables Turnover
3.13
Payables Turnover
6.66
Inventory Turnover
56.39
Capex per Share
3.34

Balance Sheet

Cash per Share
0,96
Book Value per Share
9,63
Tangible Book Value per Share
0.11
Shareholders Equity per Share
9.63
Interest Debt per Share
1.45
Debt to Equity
0.14
Debt to Assets
0.09
Net Debt to EBITDA
0.13
Current Ratio
0.72
Tangible Asset Value
0,01 Bil.
Net Current Asset Value
-0,34 Bil.
Invested Capital
1327878000
Working Capital
-0,18 Bil.
Intangibles to Total Assets
0.6
Average Receivables
0,25 Bil.
Average Payables
0,09 Bil.
Average Inventory
10578500
Debt to Market Cap
0.1

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

TGS ASA Dividends
Year Dividends Growth
2010 2
2011 2 0%
2012 6 66.67%
2013 8 25%
2014 9 0%
2015 9 0%
2016 5 -60%
2017 5 -25%
2018 6 33.33%
2019 10 33.33%
2020 7 -28.57%
2021 5 -75%
2022 5 20%
2023 6 0%
2024 5 -25%

TGS ASA Profile

About TGS ASA

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. In addition, the company offers imaging services, which include depth and time imaging; marine, land, and ocean bottom cables and nodes; anisotropic imaging; transition zone processing; multi component processing; shear wave; and 4D time-lapse, as well as wide azimuth data processing. Further, it provides data and analytics solutions; and PRIMA, a multifunction exploration software suite. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.

CEO
Mr. Kristian Kuvaas Johansen
Employee
873
Address
Askekroken 11
Oslo, 0277

TGS ASA Executives & BODs

TGS ASA Executives & BODs
# Name Age
1 Mr. Kristian Kuvaas Johansen
Chief Executive Officer
70
2 Mr. Sven Børre Larsen
Chief Financial Officer
70
3 Ms. Tana L. Pool
Executive Vice President of Legal & General Counsel
70
4 Ms. Whitney Eaton J.D.
Executive Vice President of Sustainability & Communication
70
5 Mr. David Hajovsky
Executive Vice President of Multi-Client
70
6 Mr. Carel Hooijkaas
Executive Vice President of New Energy Solutions
70
7 Mr. Robert James Adams
Executive Vice President of Operations
70
8 Mr. Wadii El Karkouri
Executive Vice President of Imaging & Technology
70
9 Ms. Kristin Omreng
Executive Vice President of People & Culture
70
10 Mr. Scott Michell
Senior Vice President of Imaging
70

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