Switch theme
Sign up to access all valuation multiples
TGS ASA provides data, intelligence, ocean bottom node (OBN) acquisition services, processing, analytics, cloud-based data applications, and other specialized services and solutions to energy companies across the energy spectrum, whether it is oil and gas, carbon capture and storage, or wind development. Its reportable segments are divided into six overall business units: Contract, Multi-client, New Energy Solutions (NES), Imaging, Shared Services. It generates the majority of its revenue from Multi-client sales.
1996
1.8K+
LTM Revenue $15.8B
LTM EBITDA $9.7B
$2.2B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
TGS has a last 12-month revenue of $15.8B and a last 12-month EBITDA of $9.7B.
In the most recent fiscal year, TGS achieved revenue of $125M and an EBITDA of $64.4M.
TGS expects next 12-month revenue of XXX and NTM EBITDA of XXX
See TGS valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $75.1M | $125M | XXX | XXX | XXX |
| Gross Profit | $27.6M | $24.0M | XXX | XXX | XXX |
| Gross Margin | 37% | 19% | XXX | XXX | XXX |
| EBITDA | $37.2M | $64.4M | XXX | XXX | XXX |
| EBITDA Margin | 49% | 52% | XXX | XXX | XXX |
| Net Profit | $8.3M | $2.0M | XXX | XXX | XXX |
| Net Margin | 11% | 2% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of April 15, 2025, TGS's stock price is NOK 77 (or $7).
TGS has current market cap of NOK 15.0B (or $1.4B), and EV of NOK 23.3B (or $2.2B).
See TGS trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2.2B | $1.4B | XXX | XXX | XXX | XXX | $0.74 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Sign UpAs of April 15, 2025, TGS has market cap of $1.4B and EV of $2.2B.
TGS's trades at 1.5x LTM EV/Revenue multiple, and 2.4x LTM EBITDA.
Analysts estimate TGS's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for TGS and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $2.2B | XXX | XXX | XXX |
| EV/Revenue | 17.7x | XXX | XXX | XXX |
| EV/EBITDA | 34.2x | XXX | XXX | XXX |
| P/E | 159.6x | XXX | XXX | XXX |
| P/E/Growth | 0.3x | XXX | XXX | XXX |
| EV/FCF | 120.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpTGS's NTM/LTM revenue growth is 18%
TGS's revenue per employee for the last fiscal year averaged $0.1M, while opex per employee averaged $15K for the same period.
Over next 12 months, TGS's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate TGS's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for TGS and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 66% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 52% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 73% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 70% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.1M | XXX | XXX | XXX | XXX |
| Opex per Employee | $15K | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 23% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| ADNOC Drilling Company | XXX | XXX | XXX | XXX | XXX | XXX |
| ADNOC Gas | XXX | XXX | XXX | XXX | XXX | XXX |
| Dana Gas | XXX | XXX | XXX | XXX | XXX | XXX |
| Fugro | XXX | XXX | XXX | XXX | XXX | XXX |
| SBM Offshore | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
TGS acquired XXX companies to date.
Last acquisition by TGS was XXXXXXXX, XXXXX XXXXX XXXXXX . TGS acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Sign Up| When was TGS founded? | TGS was founded in 1996. |
| Where is TGS headquartered? | TGS is headquartered in Norway. |
| How many employees does TGS have? | As of today, TGS has 1.8K+ employees. |
| Who is the CEO of TGS? | TGS's CEO is Mr. Kristian K. Johansen. |
| Is TGS publicy listed? | Yes, TGS is a public company listed on OSL. |
| What is the stock symbol of TGS? | TGS trades under TGS ticker. |
| When did TGS go public? | TGS went public in 1997. |
| Who are competitors of TGS? | Similar companies to TGS include e.g. ADNOC Drilling Company, ADNOC Gas, Dana Gas, Fugro. |
| What is the current market cap of TGS? | TGS's current market cap is $1.4B |
| What is the current revenue of TGS? | TGS's last 12-month revenue is $15.8B. |
| What is the current EBITDA of TGS? | TGS's last 12-month EBITDA is $9.7B. |
| What is the current EV/Revenue multiple of TGS? | Current revenue multiple of TGS is 1.5x. |
| What is the current EV/EBITDA multiple of TGS? | Current EBITDA multiple of TGS is 2.4x. |
| What is the current revenue growth of TGS? | TGS revenue growth between 2023 and 2024 was 66%. |
| Is TGS profitable? | Yes, TGS is EBITDA-positive (as of the last 12 months). |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
