Valuation TGS ASA

Stocks

Market Closed - Oslo Bors Other stock markets 22:45:00 31/07/2026 HKT			5-day change	1st Jan Change
127.40 ^NOK	+1.03%		-3.34%	+39.01%

07-31	South African, Namibian fortunes diverge in shared Orange Basin oil province	RE
07-29	SEB cuts TGS price target to 130 Norwegian kroner (137), reiterates Hold	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	1,115	1,668	1,706	1,956	1,794	2,639	-	-
Change	-	49.61%	2.3%	14.68%	-8.3%	47.08%	-	-
Enterprise Value (EV) ¹	932.4	1,479	1,595	2,445	2,221	3,073	3,055	3,022
Change	-	58.65%	7.8%	53.36%	-9.17%	38.37%	-0.59%	-1.1%
P/E	-20.9x	18.4x	76.7x	19.2x	101x	12.6x	11.2x	9.4x
PBR	1x	1.34x	1.34x	0.94x	0.91x	1.31x	1.28x	1.24x
PEG	-	-0x	-1x	0x	-1.2x	0x	0.9x	0.5x
Capitalization / Revenue	3.61x	2.33x	2.15x	1.48x	1.17x	1.77x	1.65x	1.59x
EV / Revenue	3.02x	2.06x	2.01x	1.86x	1.45x	2.06x	1.92x	1.82x
EV / EBITDA	4.76x	2.75x	4.15x	3.52x	2.48x	3.42x	3.03x	2.86x
EV / EBIT	-5.77x	11.3x	29.9x	12.5x	12.2x	9.51x	8.64x	7.56x
EV / FCF	6.28x	21x	10.2x	10.7x	5.69x	12.6x	14x	11.8x
FCF Yield	15.9%	4.76%	9.83%	9.36%	17.6%	7.93%	7.14%	8.46%
Dividend per Share ²	0.56	0.56	0.56	0.56	0.62	0.6136	0.71	0.9067
Rate of return	5.83%	4.18%	4.3%	5.62%	6.79%	4.57%	5.29%	6.75%
EPS ²	-0.46	0.73	0.17	0.52	0.09	1.065	1.196	1.429
Distribution rate	-122%	76.7%	329%	108%	689%	57.6%	59.3%	63.5%
Net sales ¹	308.9	716.6	794.3	1,318	1,527	1,495	1,595	1,664
EBITDA ¹	196	538.9	383.9	694.2	896.2	899.3	1,008	1,057
EBIT ¹	-161.6	130.7	53.3	195.5	182.4	323.3	353.6	399.5
Net income ¹	-54.11	86.67	21.65	94.22	18.3	218.4	238.8	292.3
Net Debt ¹	-182.3	-188.5	-111.5	488.9	427	434.6	416.5	383
Reference price ²	9.60	13.40	13.04	9.97	9.13	13.43	13.43	13.43
Nbr of stocks (in thousands)	116,107	124,469	130,862	196,213	196,459	196,503	-	-
Announcement Date	10/2/22	9/2/23	15/2/24	20/2/25	12/2/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TGS ASA	12.61x	2.06x	3.42x	4.57%	2.64B
SUBSEA 7 S.A.	13.9x	1.24x	5.32x	7.72%	9.94B
TECHNIP ENERGIES N.V.	16.25x	0.15x	2.02x	3.19%	5.92B
LIBERTY ENERGY INC.	34.08x	1.05x	8.36x	1.88%	3.05B
SELECT WATER SOLUTIONS, INC.	47.49x	1.59x	7.65x	1.57%	2.3B
AKER SOLUTIONS ASA	6.83x	0.41x	4.59x	18.21%	2.15B
BW OFFSHORE LIMITED	5.7x	0.93x	1.51x	5.08%	891M
FLOWCO HOLDINGS INC.	14.78x	1.2x	2.99x	1.82%	855M
SOLSTAD OFFSHORE ASA	4.6x	2.61x	7.14x	4.71%	588M
Average	17.36x	1.25x	4.78x	5.42%	3.15B
Weighted average by Cap.	18.21x	1.05x	4.76x	5.83%