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TGS.OL

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TGS ASA · Energy · Norway · $2.6B · Avg Vol: $7M/d

96
StockRank
Q
54
V
64
M
77
P/E (TTM)
—
ROE
-0.1%
D/E
0.4x
Dividend %
4.6%
Director Trades · 180d
None in 180d →
Buybacks · 180d
None in 180d →
AI CONVICTION THESIS

TGS ASA is a leading asset-light seismic data provider. As energy security concerns force oil majors to reinvest in offshore exploration, TGS's massive multi-client library represents a high-margin way to play the exploration cycle without direct drilling risk.

COMPANY DESCRIPTION

TGS ASA is a leading global provider of energy data and intelligence, specializing in multi-client seismic data, well data, and analytics for the oil and gas and renewable energy sectors. The company's competitive moat is its massive, proprietary global data library and an asset-light business model that outsources physical data acquisition to minimize capital risk. It is a dominant market leader in geoscientific data, critical for exploration and carbon storage site selection.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGR
Revenue716.6M794.3M1.3B1.5B28.7%
EPS0.750.170.580.09-50.7%
Shares124.9M131.3M196.4M196.6M+57.4%
Debt149.2M132.9M898.7M917.9M83.2%
Equity1.2B1.3B2.1B2.0B17.0%
Op CF343.2M584.7M628.7M850.0M35.3%
Inv CF-272.7M-428.1M-399.7M-459.9M—
Fin CF-99.4M-152.0M-293.7M-294.2M—
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PRICE (1Y)-10.3%
13.4614.0014.5415.0815.62May 13Jun 5Jun 25
SMA 50SMA 200
Close
$13.46
RSI (14)
35.7
52W High
$15.96
From 52W High
0.8%

SCORE BREAKDOWN

Quality
54
ROIC
6.4%45.7
ROE
-0.1%29.9
GP/Assets
259.5%97.2
Op. Margin
22.6%76.1
FCF/Assets
85.6%96.8
Piotroski
425.9
Int. Cover
2.3x33.5
D/E Ratio
0.41x55.3
Current Ratio
0.54x8.2
Value
64
P/E (TTM)
—N/A
EV/EBITDA
4.3x79.4
P/FCF
7.1x74.0
P/B
0.1x97.8
P/S
2.0x39.2
Div Yield
4.6%64.0
Momentum
77
52W High %
84%77.0
RS 6M
37%82.7
SMA 50/200
1.37x92.9
EPS Rev 4W
-0.9%43.6
EPS Rev 12W
—N/A
EPS Improve
+11377%99.8
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$2.6B
P/E (Forward)
10.6x
Gross Margin
83.9%

SECTOR PEERS

Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of TGS.OL are excluded.

TickerCompanyMkt CapStockRankSignal
TGS.OLTGS ASA(you)$2.6B96STRONG BUY
AKSO.OLAker Solutions ASA$2.2B100STRONG BUY
SEA1.OLSea1 Offshore Inc.$378M97STRONG BUY
NORAM.OLNorAm Drilling AS$172M91STRONG BUY
MORLD.OLMoreld ASA$341M74BUY
JACK.OLJacktel AS$109M94STRONG BUY
AKAST.OLAkastor ASA$363M51HOLD
PRS.OLProsafe SE$154M56HOLD
DNO.OLDNO ASA$1.6B96STRONG BUY
BNOR.OLBlueNord ASA$1.3B99STRONG BUY

Peer medians: ROE 9.2% · P/E 14.0x · Gross margin 59.6%

TGS ASA (TGS.OL) — Stock Score Summary

TGS ASA (TGS.OL) has a MoatMap StockRank of 96/100 based on Quality (54/100), Value (64/100), and Momentum (77/100) factor scores. The current signal is STRONG BUY. TGS ASA is a leading asset-light seismic data provider. As energy security concerns force oil majors to reinvest in offshore exploration, TGS's massive multi-client library represents a high-margin way to play the exploration cycle without direct drilling risk.

TGS ASA is a leading global provider of energy data and intelligence, specializing in multi-client seismic data, well data, and analytics for the oil and gas and renewable energy sectors. The company's competitive moat is its massive, proprietary global data library and an asset-light business model that outsources physical data acquisition to minimize capital risk. It is a dominant market leader in geoscientific data, critical for exploration and carbon storage site selection.

Key Financial Metrics

Price$13.46
Market Cap$2.6B
P/E (Forward)10.58
Price/Book0.14
Return on Equity-0.1%
Return on Invested Capital6.4%
Debt/Equity40.89
Gross Margin83.9%
Operating Margin22.6%
Revenue Growth-42.2%
Dividend Yield4.6%
Free Cash Flow$365M

TGS ASA operates in the Oil & Gas Equipment & Services industry, part of the Energy sector (Norway).

Frequently Asked Questions

What is TGS ASA’s (TGS.OL) StockRank?
MoatMap’s StockRank for TGS ASA (TGS.OL) is 96/100, with a Strong Buy signal. It is a composite of Quality (54), Value (64), and Momentum (77) factor ranks across MoatMap’s 20,000+ stock universe.
Does TGS ASA have an economic moat?
TGS ASA (TGS.OL) has a Quality factor score of 54/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is TGS ASA a buy, hold, or sell?
MoatMap’s current signal for TGS ASA (TGS.OL) is Strong Buy, based on a StockRank of 96/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is TGS ASA in?
TGS ASA (TGS.OL) operates in the Energy sector, specifically the Oil & Gas Equipment & Services industry (Norway).
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