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TGS ASA (OSL:TGS) Cyclically Adjusted Price-to-FCF : 8.80 (As of Jun. 22, 2025)


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What is TGS ASA Cyclically Adjusted Price-to-FCF?

As of today (2025-06-22), TGS ASA's current share price is kr87.90. TGS ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was kr9.99. TGS ASA's Cyclically Adjusted Price-to-FCF for today is 8.80.

The historical rank and industry rank for TGS ASA's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

OSL:TGS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.42   Med: 15.51   Max: 40.73
Current: 8.8

During the past years, TGS ASA's highest Cyclically Adjusted Price-to-FCF was 40.73. The lowest was 7.42. And the median was 15.51.

OSL:TGS's Cyclically Adjusted Price-to-FCF is ranked better than
64.68% of 402 companies
in the Oil & Gas industry
Industry Median: 13.3 vs OSL:TGS: 8.80

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

TGS ASA's adjusted free cash flow per share data for the three months ended in Mar. 2025 was kr6.119. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is kr9.99 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


TGS ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TGS ASA's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TGS ASA Cyclically Adjusted Price-to-FCF Chart

TGS ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.43 9.60 14.29 12.87 10.88

TGS ASA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.16 12.62 9.83 10.88 9.93

Competitive Comparison of TGS ASA's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Equipment & Services subindustry, TGS ASA's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TGS ASA's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TGS ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where TGS ASA's Cyclically Adjusted Price-to-FCF falls into.


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TGS ASA Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

TGS ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=87.90/9.99
=8.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TGS ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, TGS ASA's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=6.119/136.1000*136.1000
=6.119

Current CPI (Mar. 2025) = 136.1000.

TGS ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -6.010 100.100 -8.171
201509 3.839 100.600 5.194
201512 -1.798 100.900 -2.425
201603 5.054 102.500 6.711
201606 -3.000 103.800 -3.934
201609 2.572 104.200 3.359
201612 2.612 104.400 3.405
201703 7.625 105.000 9.883
201706 0.692 105.800 0.890
201709 -1.506 105.900 -1.935
201712 4.416 106.100 5.665
201803 6.563 107.300 8.325
201806 4.200 108.500 5.268
201809 0.643 109.500 0.799
201812 -2.403 109.800 -2.979
201903 11.489 110.400 14.164
201906 0.374 110.600 0.460
201909 -3.381 111.100 -4.142
201912 7.762 111.300 9.492
202003 -0.533 111.200 -0.652
202006 -2.604 112.100 -3.162
202009 0.033 112.900 0.040
202012 0.059 112.900 0.071
202103 6.197 114.600 7.360
202106 1.580 115.300 1.865
202109 -0.033 117.500 -0.038
202112 2.826 118.900 3.235
202203 1.979 119.800 2.248
202206 4.603 122.600 5.110
202209 0.654 125.600 0.709
202212 2.596 125.900 2.806
202303 8.784 127.600 9.369
202306 -3.048 130.400 -3.181
202309 3.616 129.800 3.792
202312 2.836 131.900 2.926
202403 0.727 132.600 0.746
202406 0.655 133.800 0.666
202409 6.399 133.700 6.514
202412 3.268 134.800 3.300
202503 6.119 136.100 6.119

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


TGS ASA  (OSL:TGS) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


TGS ASA Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of TGS ASA's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


TGS ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TGS ASA (OSL:TGS) » Definitions » Cyclically Adjusted Price-to-FCF
Address
Lilleakerveien 4C, Oslo, NOR, 0283
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.