TGSGY (TGS ASA) EBIT: $151 Mil (TTM As of Mar. 2026)


TGSGY TGS ASA TGSGY
80 GF Score
Price $13.50
GF Value $11.23
Valuation Modestly Overvalued
! 7 Warning Signs
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What is TGS ASA EBIT?

TGS ASA TGSGY -1.39% 80 EBIT is $151 Mil as of Mar. 2026. GuruFocus rates TGSGY with a GF Score™ of 80/100 and a GF Value™ of $11.23 (Modestly Overvalued). The stock has 7 warning signs investors should review.

TGS ASA's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $151 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TGS ASA's annualized ROC % for the quarter that ended in Mar. 2026 was 0.00%. TGS ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TGS ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.59%.

TGS ASA  (OTCPK:TGSGY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

TGS ASA's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=89.2 * ( 1 - 100% )/( (4093.3 + 4123.1)/ 2 )
=0/4108.2
=0.00 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3933.6 - 267.2 - ( 212.3 - max(0, 1181.6 - 754.7+212.3))
=4093.3

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3888.4 - 345.3 - ( 184 - max(0, 1247.6 - 667.6+184))
=4123.1

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

TGS ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=121.6/( ( (974.2 + max(-620, 0)) + (944.9 + max(-823.1, 0)) )/ 2 )
=121.6/( ( 974.2 + 944.9 )/ 2 )
=121.6/959.55
=12.67 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(207.5 + 19.3 + 138.9) - (267.2 + 0 + 718.5)
=-620

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(113.1 + 0 + 193) - (345.3 + 0 + 783.9)
=-823.1

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

TGS ASA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=151.1/3293.454
=4.59 %

* 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 EBIT Related Terms

TGS ASA EBIT Historical Data

* Premium members only.

The historical data trend for TGS ASA's EBIT 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.

TGS ASA EBIT Chart

TGS ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -82.62 134.15 62.46 183.10 175.60

TGS ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 65.90 -22.10 115.50 27.30 30.40

TGSGY vs SLB, BKR, HAL: EBIT Comparison

For the Oil & Gas Equipment & Services subindustry, TGS ASA's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TGS ASA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where TGS ASA's EV-to-EBIT falls into.


TGSGY
80GF Score
TGS ASA TGSGY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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TGS ASA EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $151 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $151 Mil mean?
TGS ASA (TGSGY) has a EBIT of $151 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TGS ASA.
Is TGS ASA's EBIT too high?
TGS ASA's current EBIT is $151 Mil. Overall, TGS ASA has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TGS ASA's EBIT compare to SLB and BKR?
TGS ASA's EBIT of $151 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TGS ASA. TGS ASA's current EBIT is $151 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGS ASA stock overvalued right now?
Based on GuruFocus' analysis, TGS ASA (TGSGY) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.23, compared to a current price of $13.50 — trading 20.2% above its estimated fair value. The current EBIT is $151 Mil. TGS ASA's overall GF Score™ is 80/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For TGS ASA (TGSGY), the current EBIT is $151 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TGS ASA (TGSGY) Overvalued in 2026?

Based on GuruFocus' analysis, TGS ASA stock appears to be overvalued. The current stock price of $13.50 is trading 20.2% above its estimated GF Value™ of $11.23. GuruFocus considers TGS ASA to be Modestly Overvalued.

Key valuation signals for TGSGY:

  • EBIT: $151 Mil
  • GF Value™: $11.23 vs. price of $13.50 (20.2% above fair value)
  • GF Score™: 80/100 with 7 warning signs

No single metric tells the full story. See the TGSGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TGS ASA Business Description

Industry EnergyOil & Gas
Address 10451 Clay Road, Houston, TX, USA, 77041
TGS ASA provides energy data and related services, offering technology and solutions that support decision-making across the energy value chain, including exploration and production activities. The company's business activities are organized in the following segments: Multi-client, Marine Data Acquisition (MDA), Imaging, New Energy Solutions (NES), and Shared Services. The majority of the company's revenue is derived from the Multi-client sales segment, which initiates, acquires, processes, markets and sells energy data to multiple customers on a non-exclusive basis. Geographically, it generates the maximum revenue from Africa and the Middle East.
80GF Score

Get the complete analysis for TGSGY

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.50
Price
$11.23
GF Value