TGSNF (TGS ASA) EV-to-EBIT: 21.43 (As of Jul. 15, 2026) — 45% Above Median

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TGSNF TGS ASA TGSNF
78 GF Score
Price $13.90
GF Value $11.46
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is TGS ASA EV-to-EBIT?

TGS ASA TGSNF 78 EV-to-EBIT is 21.43 as of Jul. 15, 2026, which is 45% above its 10-year median of 14.81. GuruFocus rates TGSNF with a GF Score™ of 78/100 and a GF Value™ of $11.46 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 690 Oil & Gas companies, TGS ASA ranks worse than 77.83% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, TGS ASA's Enterprise Value is $3,238 Mil. TGS ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $151 Mil. Therefore, TGS ASA's EV-to-EBIT for today is 21.43.

The historical rank and industry rank for TGS ASA's EV-to-EBIT or its related term are showing as below:

TGSNF' s EV-to-EBIT Range Over the Past 10 Years
Min: -92.18   Med: 14.81   Max: 42.81
Current: 21.27

During the past 13 years, the highest EV-to-EBIT of TGS ASA was 42.81. The lowest was -92.18. And the median was 14.81.

TGSNF's EV-to-EBIT is ranked worse than
77.83% of 690 companies
in the Oil & Gas industry
Industry Median: 11.77 vs TGSNF: 21.27

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. TGS ASA's Enterprise Value for the quarter that ended in Mar. 2026 was $3,272 Mil. TGS ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $151 Mil. TGS ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.62%.


TGS ASA  (OTCPK:TGSNF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=151.1/3272.07175
=4.62 %

TGS ASA's Enterprise Value for the quarter that ended in Mar. 2026 was $3,272 Mil.
TGS ASA's 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.


TGS ASA EV-to-EBIT Related Terms


TGS ASA EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for TGS ASA's EV-to-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 EV-to-EBIT Chart

TGS ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.66 12.14 25.24 15.07 14.17

TGS ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-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 8.92 11.01 8.11 14.17 21.28

TGSNF vs SLB, BKR, HAL: EV-to-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.


TGSNF
78GF Score
TGS ASA TGSNF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TGS ASA EV-to-EBIT Calculation

TGS ASA's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3237.635/151.1
=21.43

TGS ASA's current Enterprise Value is $3,238 Mil.
TGS ASA's 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 EV-to-EBIT →
What does a EV-to-EBIT of 21.43 mean?
TGS ASA (TGSNF) has a EV-to-EBIT of 21.43 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on TGS ASA and its competitors. This is 45% above median its historical median of 14.81. According to the industry distribution chart, TGS ASA ranks #537 out of 690 companies in the Oil & Gas industry, placing it in the top 77.8%.
Is TGS ASA's EV-to-EBIT too high?
TGS ASA's current EV-to-EBIT of 21.43 is 45% above median its 10-year median of 14.81. The Oil & Gas industry median EV-to-EBIT is 11.77. TGS ASA's value of 21.43 is 82.1% above this industry median. Based on the distribution chart, TGS ASA ranks #537 out of 690 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, TGS ASA has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TGS ASA's EV-to-EBIT compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, TGS ASA ranks #537 out of 690 companies for EV-to-EBIT. This places TGS ASA in the lower half of its industry. The industry median EV-to-EBIT is 11.77. TGS ASA's value of 21.43 is 82.1% above this benchmark. While the company's 10-year median is 14.81 vs. the industry median of 11.77, TGS ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.77, based on 690 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TGS ASA's current EV-to-EBIT of 21.43 is 82.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on TGS ASA and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TGS ASA's current EV-to-EBIT is 21.43, which is 45% above median its own 10-year median of 14.81. 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 (TGSNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.46, compared to a current price of $13.90 — trading 21.3% above its estimated fair value. The current EV-to-EBIT is 21.43, which is 45% above median its 10-year median of 14.81 and 82.1% above the Oil & Gas industry median of 11.77. TGS ASA's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For TGS ASA (TGSNF), the current EV-to-EBIT is 21.43 as of Jul. 15, 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 (TGSNF) Overvalued in 2026?

Based on GuruFocus' analysis, TGS ASA stock appears to be overvalued. The current stock price of $13.90 is trading 21.3% above its estimated GF Value™ of $11.46. GuruFocus considers TGS ASA to be Modestly Overvalued.

Key valuation signals for TGSNF:

  • EV-to-EBIT: 21.43 (45% above median its 10-year median of 14.81)
  • GF Value™: $11.46 vs. price of $13.90 (21.3% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 82.1% above the Oil & Gas median (#537 of 690)

No single metric tells the full story. See the TGSNF 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.
78GF Score

Get the complete analysis for TGSNF

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

$13.90
Price
$11.46
GF Value