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TGS ASA TGS.OL

Price 135.7 NOK
as of 2026-09-05
49/100
No view
Quality59
Growth48
Balance-sheet strength43
Valuation20
Momentum65
Income89

Composite 49/100; the shares have moved about 40% annualised. Names that move more contribute more risk for the same amount invested, and our composite reflects how strong the evidence for this one is right now.

Strongest counter-signal

Valuation ranks 20/100 — a strong mark against it.

Case for

Income ranks 89/100 — a strong point in its favour. Momentum ranks 65/100 — a moderate point in its favour. Quality ranks 59/100 — a slight point in its favour.

Case against

Valuation ranks 20/100 — a strong mark against it. Balance-sheet strength ranks 43/100 — a slight mark against it. Growth ranks 48/100 — a slight mark against it.

What the company does TGS ASA provides geoscience data services, including seismic, well, and new-energy data (wind, solar, carbon storage), to the oil and gas industry globally.

Key financials Revenue grew 12% YoY, but net margin compressed to 7% and EPS fell 85% as costs rose. Gross margin remains robust at 85%, while operating margin is 34%. Debt/Equity is 0.41 and net debt/EBITDA is 1.07, indicating manageable leverage.

Stock health Quality and growth scores are 64/100, but valuation is in the bottom 38th percentile. Momentum is mixed: +75% over 12m but -15% in the last 3m and RSI at 39. Income yield is negligible at 0.5%.

Price vs fair value The stock trades at a PREMIUM of 79.80% to our fair-value estimate and a discount of 20.13% to the 12-month target. - Forward P/E of 15.08 vs trailing 26.74 (valuation gap) - EV/EBITDA at 4.12, below sector norms (valuation gap) - SideraVIA valuation percentile at 38.2/100 (valuation gap) - 12-month EPS growth of -85% (profitability headwind) - 3-month momentum of -15% (near-term pressure) - Dividend payout of 126% (sustainability risk)

Looking forward New energy initiatives (wind, carbon storage) could diversify revenue, but near-term earnings pressure persists. Analysts see 20% upside to the 12-month target, offset by valuation headwinds.

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This is not investment advice. Sideravia provides automated, data-driven analysis for information and education only. Nothing on this page is a personal recommendation or an invitation to buy or sell any security, and it does not consider your objectives or financial situation. Assessments are generated by rules applied uniformly to every covered stock — how our scores work.

Data as of 2026-09-05, compiled from third-party sources; errors and delays are possible and figures are not warranted. Investing puts your capital at risk; past performance does not predict future results. We publish our full track record, including the calls that lost, and our conflicts of interest.