TGS Financial Statements From 2010 to 2025
| TGSNF Stock | USD 7.35 0.08 1.08% |
Check TGS ASA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TGS ASA's main balance sheet or income statement drivers, such as , as well as many indicators such as . TGS financial statements analysis is a perfect complement when working with TGS ASA Valuation or Volatility modules.
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TGS ASA OTC Stock Return On Equity Analysis
TGS ASA's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current TGS ASA Return On Equity | 0.0735 |
Most of TGS ASA's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TGS ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, TGS ASA has a Return On Equity of 0.0735. This is 103.71% lower than that of the Energy sector and 100.42% lower than that of the Oil & Gas Equipment & Services industry. The return on equity for all United States stocks is 123.71% lower than that of the firm.
TGS ASA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TGS ASA's current stock value. Our valuation model uses many indicators to compare TGS ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TGS ASA competition to find correlations between indicators driving TGS ASA's intrinsic value. More Info.TGS ASA is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 1.70 of Return On Asset per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TGS ASA's earnings, one of the primary drivers of an investment's value.About TGS ASA Financial Statements
TGS ASA stakeholders use historical fundamental indicators, such as TGS ASA's revenue or net income, to determine how well the company is positioned to perform in the future. Although TGS ASA investors may analyze each financial statement separately, they are all interrelated. For example, changes in TGS ASA's assets and liabilities are reflected in the revenues and expenses on TGS ASA's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in TGS ASA. Please read more on our technical analysis and fundamental analysis pages.
TGS ASA provides geoscience data products and services to the oil and gas industry worldwide. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway. Tgs ASA operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 471 people.
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Other Information on Investing in TGS OTC Stock
TGS ASA financial ratios help investors to determine whether TGS OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TGS with respect to the benefits of owning TGS ASA security.