TGS Financial Statements From 2010 to 2025
| TGS Stock | NOK 104.00 1.00 0.97% |
Check TGS NOPEC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TGS NOPEC'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 NOPEC Valuation or Volatility modules.
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TGS NOPEC Geophysical Company Return On Equity Analysis
TGS NOPEC'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 NOPEC Return On Equity | 0.0735 |
Most of TGS NOPEC'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 NOPEC Geophysical 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 NOPEC Geophysical has a Return On Equity of 0.0735. This is 103.71% lower than that of the Energy Equipment & Services sector and 100.42% lower than that of the Energy industry. The return on equity for all Norway stocks is 123.71% lower than that of the firm.
TGS NOPEC Geophysical Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TGS NOPEC's current stock value. Our valuation model uses many indicators to compare TGS NOPEC value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TGS NOPEC competition to find correlations between indicators driving TGS NOPEC's intrinsic value. More Info.TGS NOPEC Geophysical is rated second in return on equity category among its peers. It 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 NOPEC's earnings, one of the primary drivers of an investment's value.About TGS NOPEC Financial Statements
TGS NOPEC investors utilize fundamental indicators, such as revenue or net income, to predict how TGS Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
TGS-NOPEC Geophysical Company ASA provides geoscientific data products and services to the oil and gas industry worldwide. TGS-NOPEC Geophysical Company ASA was founded in 1981 and is headquartered in Asker, Norway. TGS NOPEC operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. It employs 547 people.
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TGS NOPEC financial ratios help investors to determine whether TGS 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 NOPEC security.