NOK113.50
0.35% today
Oslo, Dec 30, 04:20 pm CET
ISIN
NO0003078800
Symbol
TGS

TGS ASA Target price 2024 - Analyst rating & recommendation

TGS ASA Classifications & Recommendation:

Buy
70%
Hold
20%
Sell
10%

TGS ASA Price Target

Target Price NOK146.19
Price NOK113.40
Potential
Number of Estimates 10
10 Analysts have issued a price target TGS ASA 2025 . The average TGS ASA target price is NOK146.19. This is higher than the current stock price. The highest price target is
NOK254.40 124.34%
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, the lowest is .
A rating was issued by 10 analysts: 7 Analysts recommend TGS ASA to buy, 2 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the TGS ASA stock has an average upside potential 2025 of . Most analysts recommend the TGS ASA stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion NOK 8.40 17.91
21.78% 113.33%
EBITDA Margin 48.33% 55.63%
35.73% 15.11%
Net Margin 4.23% 9.67%
79.27% 128.61%

9 Analysts have issued a sales forecast TGS ASA 2024 . The average TGS ASA sales estimate is

NOK17.9b
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. This is
64.41% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
NOK20.6b 89.34%
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, the lowest is
NOK14.7b 34.84%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 NOK8.4b 21.78%
2024
NOK17.9b 113.33%
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2025
NOK20.6b 15.15%
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2026
NOK20.8b 0.80%
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2027
NOK19.2b 7.44%
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9 Analysts have issued an TGS ASA EBITDA forecast 2024. The average TGS ASA EBITDA estimate is

NOK10.0b
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. This is
69.10% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
NOK11.1b 88.86%
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, the lowest is
NOK7.9b 34.07%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 NOK4.1b 21.73%
2024
NOK10.0b 145.54%
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2025
NOK12.2b 22.53%
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2026
NOK12.6b 2.94%
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2027
NOK10.9b 13.18%
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EBITDA Margin

2023 48.33% 35.73%
2024
55.63% 15.11%
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2025
59.19% 6.40%
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2026
60.45% 2.13%
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2027
56.70% 6.20%
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9 TGS ASA Analysts have issued a net profit forecast 2024. The average TGS ASA net profit estimate is

NOK1.7b
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. This is
208.56% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
NOK2.2b 289.14%
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, the lowest is
NOK1.2b 114.43%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 NOK355m 74.76%
2024
NOK1.7b 387.55%
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2025
NOK3.0b 74.04%
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2026
NOK3.8b 27.00%
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2027
NOK3.3b 14.78%
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Net Margin

2023 4.23% 79.27%
2024
9.67% 128.61%
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2025
14.61% 51.09%
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2026
18.41% 26.01%
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2027
16.95% 7.93%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share NOK 1.81 8.82
74.76% 387.29%
P/E 12.82
EV/Sales 1.62

9 Analysts have issued a TGS ASA forecast for earnings per share. The average TGS ASA <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

NOK8.82
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. This is
208.39% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
NOK11.13 289.16%
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, the lowest is
NOK6.13 114.34%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 NOK1.81 74.76%
2024
NOK8.82 387.29%
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2025
NOK15.36 74.15%
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2026
NOK19.51 27.02%
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2027
NOK16.62 14.81%
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P/E ratio

Current 39.50 80.61%
2024
12.82 67.54%
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2025
7.36 42.59%
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2026
5.80 21.20%
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2027
6.80 17.24%
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Based on analysts' sales estimates for 2024, the TGS ASA stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.67 43.55%
2024
1.62 39.18%
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2025
1.41 13.15%
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2026
1.40 0.79%
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2027
1.51 8.03%
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P/S ratio

Current 2.04 0.21%
2024
1.24 39.18%
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2025
1.08 13.16%
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2026
1.07 0.79%
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2027
1.15 8.02%
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