Ratings TGS ASA

Equities

TGS

NO0003078800

Market Closed - Oslo Bors Other stock markets 08:15:00 26/04/2024 pm IST			5-day change	1st Jan Change
130.4 ^NOK	+3.82%		+0.85%	-1.36%

18/04	Norwegian Antitrust Regulator Greenlights TGS-PGS Merger	MT
12/04	UK Competition Watchdog to Probe TGS-PGS Merger	MT

Summary

The company has a good ESG score relative to its sector, according to Refinitiv.

Strengths

The earnings growth currently anticipated by analysts for the coming years is particularly strong.
The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
Thanks to a sound financial situation, the firm has significant leeway for investment.
The company's attractive earnings multiples are brought to light by a P/E ratio at 124.48 for the current year.
The company has a low valuation given the cash flows generated by its activity.
This company will be of major interest to investors in search of a high dividend stock.

Weaknesses

For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
For the last few months, analysts have been revising downwards their earnings forecast.
Over the past four months, analysts' average price target has been revised downwards significantly.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Over the past twelve months, analysts' consensus has been significantly revised downwards.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Oil Related Services and Equipment

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
TGS ASA	-1.36%	1.55B		B+
SUBSEA 7 S.A.	+22.81%	4.94B		B+
TECHNIP ENERGIES N.V.	+5.86%	4.24B		A-
LIBERTY ENERGY INC.	+26.85%	3.83B		C-
AKER SOLUTIONS ASA	+1.38%	1.87B		B+
SELECT WATER SOLUTIONS, INC.	+24.90%	976M		B
SIEM OFFSHORE INC.	+30.80%	781M		-
BUMI ARMADA	+18.18%	727M		B+
DAYANG ENTERPRISE HOLDINGS	+66.25%	646M		C-
HEAVY ENGINEERING INDUSTRIES AND SHIPBUILDING COMPANY K.S.C.P.	+2.68%	493M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes