NOK106.30
0.47% yesterday
Oslo, Sep 19, 04:20 pm CET
ISIN
NO0003078800
Symbol
TGS

TGS ASA Target price 2024 - Analyst rating & recommendation

TGS ASA Classifications & Recommendation:

Buy
56%
Hold
44%

TGS ASA Price Target

Target Price NOK160.28
Price NOK106.20
Potential
Number of Estimates 9
9 Analysts have issued a price target TGS ASA 2025 . The average TGS ASA target price is NOK160.28. This is higher than the current stock price. The highest price target is
NOK249.20 134.65%
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, the lowest is
NOK121.53 14.43%
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.
A rating was issued by 9 analysts: 5 Analysts recommend TGS ASA to buy, 4 to hold and 0 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 10.62
21.78% 26.43%
EBITDA Margin 48.33% 71.21%
35.73% 47.34%
Net Margin 2.82% 13.97%
79.27% 395.09%

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

NOK10.6b
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. This is
25.95% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
NOK11.0b 31.08%
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, the lowest is
NOK10.4b 23.35%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 NOK8.4b 21.78%
2024
NOK10.6b 26.43%
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2025
NOK11.4b 7.68%
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2026
NOK11.4b 0.01%
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2027
NOK20.6b 80.33%
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8 Analysts have issued an TGS ASA EBITDA forecast 2024. The average TGS ASA EBITDA estimate is

NOK7.6b
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. This is
67.86% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
NOK9.9b 120.21%
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, the lowest is
NOK6.1b 34.77%
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.

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

EBITDA Estimates

2023 NOK4.1b 21.73%
2024
NOK7.6b 86.29%
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2025
NOK9.0b 19.50%
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2026
NOK9.1b 1.26%
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2027
NOK12.9b 40.64%
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EBITDA Margin

2023 48.33% 35.73%
2024
71.21% 47.34%
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2025
79.02% 10.97%
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2026
80.03% 1.28%
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2027
62.42% 22.00%
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9 TGS ASA Analysts have issued a net profit forecast 2024. The average TGS ASA net profit estimate is

NOK1.5b
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. This is
410.40% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
NOK2.0b 575.06%
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, the lowest is
NOK974m 235.14%
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.

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

Net Profit Estimates

2023 NOK237m 74.76%
2024
NOK1.5b 526.02%
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2025
NOK1.9b 29.29%
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2026
NOK2.2b 14.09%
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2027
NOK2.6b 19.55%
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Net Margin

2023 2.82% 79.27%
2024
13.97% 395.09%
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2025
16.77% 20.04%
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2026
19.14% 14.13%
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2027
12.69% 33.70%
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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 11.33
74.76% 525.97%
P/E 9.34
EV/Sales 2.01

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

NOK11.33
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. This is
410.36% 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
NOK14.99 575.23%
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, the lowest is
NOK7.44 235.14%
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.

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

Earnings Per Share

2023 NOK1.81 74.76%
2024
NOK11.33 525.97%
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2025
NOK14.65 29.30%
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2026
NOK16.71 14.06%
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2027
NOK19.98 19.57%
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P/E ratio

Current 47.61 53.68%
2024
9.34 80.38%
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2025
7.22 22.70%
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2026
6.33 12.33%
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2027
5.30 16.27%
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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 2.53 5.86%
2024
2.01 20.49%
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2025
1.87 7.14%
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2026
1.87 0.01%
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2027
1.04 44.54%
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P/S ratio

Current 2.46 1.48%
2024
1.95 20.60%
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2025
1.82 7.13%
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2026
1.82 0.01%
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2027
1.01 44.55%
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