Valuation TGS ASA

Equities

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-12-06 am EST			5-day change	1st Jan Change
110.00 ^NOK	0.00%		+1.85%	-16.79%

Dec. 06	Norway's TGS Secures 3D Streamer Contract	MT
Dec. 06	TGS awarded major contract in the South Atlantic	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	3,564	1,820	1,115	1,668	1,706	1,938	-	-
Change	-	-48.94%	-38.74%	49.61%	2.3%	13.59%	-	-
Enterprise Value (EV) ¹	3,243	1,626	932.4	1,479	1,706	2,416	2,293	2,236
Change	-	-49.85%	-42.67%	58.65%	15.34%	41.59%	-5.08%	-2.46%
P/E ratio	33.4x	-8.87x	-20.9x	18.4x	76.7x	11.1x	8.24x	6.49x
PBR	2.33x	1.46x	1x	1.34x	1.34x	0.93x	0.9x	0.88x
PEG	-	0x	0.3x	-0x	-1x	0x	0.2x	0.2x
Capitalization / Revenue	4.61x	4.05x	3.61x	2.33x	2.15x	1.24x	1.09x	1.1x
EV / Revenue	4.2x	3.62x	3.02x	2.06x	2.15x	1.55x	1.29x	1.27x
EV / EBITDA	5.05x	4.66x	4.76x	2.75x	4.44x	2.7x	2.19x	2.15x
EV / EBIT	14.7x	-5.55x	-5.77x	11.3x	32x	8.53x	6.49x	5.49x
EV / FCF	15.8x	-75.2x	6.28x	21x	10.9x	10.3x	7.65x	6.54x
FCF Yield	6.33%	-1.33%	15.9%	4.76%	9.18%	9.73%	13.1%	15.3%
Dividend per Share ²	1.08	0.5	0.56	0.56	0.56	0.55	0.584	0.7067
Rate of return	3.55%	3.22%	5.83%	4.18%	4.3%	5.57%	5.91%	7.15%
EPS ²	0.91	-1.75	-0.46	0.73	0.17	0.8937	1.198	1.522
Distribution rate	119%	-28.6%	-122%	76.7%	329%	61.5%	48.7%	46.4%
Net sales ¹	772.6	448.8	308.9	716.6	794.3	1,560	1,774	1,760
EBITDA ¹	642	349.1	196	538.9	383.9	894.7	1,048	1,038
EBIT ¹	221.2	-293	-161.6	130.7	53.3	283.2	353.3	407.6
Net income ¹	99.45	-204.9	-54.11	86.67	21.65	169.3	235.7	300.7
Net Debt ¹	-320.9	-193.2	-182.3	-188.5	-	477.7	354.9	298.5
Reference price ²	30.414	15.521	9.601	13.398	13.037	9.877	9.877	9.877
Nbr of stocks (in thousands)	117,171	117,228	116,107	124,469	130,862	196,213	-	-
Announcement Date	2/12/20	2/11/21	2/10/22	2/9/23	2/15/24	-	-	-

¹USD in Million²USD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
TGS ASA	11.05x	1.55x	2.7x	+5.57%	1.94B
SUBSEA 7 S.A.	18.34x	0.82x	5.18x	+3.51%	4.6B
TECHNIP ENERGIES N.V.	11.57x	0.2x	2.25x	+2.65%	4.43B
LIBERTY ENERGY INC.	9.94x	0.67x	3.14x	+1.67%	2.82B
SELECT WATER SOLUTIONS, INC.	35.8x	1.07x	5.88x	+1.70%	1.46B
AKER SOLUTIONS ASA	5.7x	0.3x	3.36x	+7.89%	1.41B
BUMI ARMADA	4.04x	2.68x	4.52x	-	852M
DAYANG ENTERPRISE HOLDINGS	7.62x	1.3x	3.2x	+2.83%	532M
BW OFFSHORE LIMITED	4.2x	0.63x	1.23x	-	432M
Average	12.03x	1.02x	3.49x	+3.69%	2.05B
Weighted average by Cap.	13.78x	0.80x	3.64x	+3.41%