Ratings TGS ASA

Equities

TGS

NO0003078800

Market Closed - Oslo Bors Other stock markets 15:45:00 26/04/2024 BST			5-day change	1st Jan Change
130.4 ^NOK	+3.82%		+0.85%	-1.36%

04-18	Norwegian Antitrust Regulator Greenlights TGS-PGS Merger	MT
04-12	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 company's profit outlook over the next few years is a strong asset.
The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The group's high margin levels account for strong profits.
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.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
The company is one of the best yield companies with high dividend expectations.

Weaknesses

For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last few months, analysts have been revising downwards their earnings forecast.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
The average consensus view of analysts covering the stock has deteriorated over the past four months.
Over the past twelve months, analysts' consensus has been significantly revised downwards.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The company's earnings releases usually do not meet 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