NOK107.80
1.10% today
Oslo, Nov 26, 03:21 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 NOK140.07
Price NOK109.00
Potential
Number of Estimates 10
10 Analysts have issued a price target TGS ASA 2025 . The average TGS ASA target price is NOK140.07. This is higher than the current stock price. The highest price target is
NOK247.40 126.97%
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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 17.40
21.78% 107.19%
EBITDA Margin 48.33% 56.16%
35.73% 16.20%
Net Margin 4.23% 10.03%
79.27% 137.13%

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

NOK17.4b
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. This is
59.69% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
NOK20.6b 89.51%
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, the lowest is
NOK14.2b 30.41%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 NOK8.4b 21.78%
2024
NOK17.4b 107.19%
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2025
NOK19.8b 14.00%
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2026
NOK20.2b 1.81%
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2027
NOK18.7b 7.52%
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9 Analysts have issued an TGS ASA EBITDA forecast 2024. The average TGS ASA EBITDA estimate is

NOK9.8b
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. This is
65.80% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
NOK11.5b 95.85%
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, the lowest is
NOK7.7b 30.23%
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.

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

EBITDA Estimates

2023 NOK4.1b 21.73%
2024
NOK9.8b 140.75%
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2025
NOK11.7b 19.71%
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2026
NOK12.2b 4.13%
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2027
NOK10.9b 10.40%
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EBITDA Margin

2023 48.33% 35.73%
2024
56.16% 16.20%
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2025
58.97% 5.00%
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2026
60.31% 2.27%
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2027
58.43% 3.12%
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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
210.82% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
NOK2.2b 287.30%
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, the lowest is
NOK1.2b 114.46%
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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 391.13%
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2025
NOK2.9b 68.74%
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2026
NOK3.7b 25.04%
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2027
NOK3.3b 11.38%
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Net Margin

2023 4.23% 79.27%
2024
10.03% 137.13%
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2025
14.84% 47.96%
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2026
18.23% 22.84%
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2027
17.47% 4.17%
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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 8.89
74.76% 391.16%
P/E 12.26
EV/Sales 1.63

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

NOK8.89
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. This is
210.84% 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
NOK11.08 287.41%
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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
NOK8.89 391.16%
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2025
NOK15.00 68.73%
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2026
NOK18.76 25.07%
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2027
NOK16.62 11.41%
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P/E ratio

Current 38.07 68.15%
2024
12.26 67.80%
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2025
7.27 40.70%
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2026
5.81 20.08%
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2027
6.56 12.91%
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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 2.60 34.72%
2024
1.63 37.47%
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2025
1.43 12.28%
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2026
1.40 1.78%
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2027
1.51 8.13%
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P/S ratio

Current 1.96 6.71%
2024
1.23 37.38%
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2025
1.08 12.28%
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2026
1.06 1.78%
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2027
1.14 8.13%
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