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TGS ASAOSL:TGS +5.04%89 Pretax Margin % is 11.80% as of Jun. 2026, which is 4% above its 10-year median of 11.37. GuruFocus rates OSL:TGS with a GF Score™ of 89/100 and a GF Value™ of kr109.72 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 917 Oil & Gas companies, TGS ASA ranks worse than 50.27% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TGS ASA's Pre-Tax Income for the
three
months ended in Jun. 2026 was kr422 Mil. TGS ASA's Revenue for the
three
months ended in Jun. 2026 was kr3,574 Mil. Therefore, TGS ASA's pretax margin for the quarter that ended in Jun. 2026 was 11.80%.
The historical rank and industry rank for TGS ASA's Pretax Margin % or its related term are showing as below:
OSL:TGS'
s Pretax Margin % Range Over the Past 10 Years
Min: -62.05 Med: 11.37 Max: 38.55
Current: 5.21
OSL:TGS's Pretax Margin % is ranked worse than 50.27% of 917
companies
in the Oil & Gas industry
Industry Median: 5.27
vs OSL:TGS: 5.21
TGS ASA (OSL:TGS) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
TGS ASA Pretax Margin % Related Terms
TGS ASA Pretax Margin % Historical Data
* Premium members only.
The historical data trend for TGS ASA's Pretax Margin % 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.
OSL:TGS vs SLB, BKR, HAL: Pretax Margin % Comparison
For the Oil & Gas Equipment & Services subindustry, TGS ASA's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TGS ASA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where TGS ASA's Pretax Margin % falls into.
* 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 (OSL:TGS) has a Pretax Margin % of 11.80% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TGS ASA and its competitors. This is near median its historical median of 11.37. According to the industry distribution chart, TGS ASA ranks #461 out of 917 companies in the Oil & Gas industry, placing it in the top 50.3%.
Is TGS ASA's Pretax Margin % too high?
TGS ASA's current Pretax Margin % of 11.80% is near median its 10-year median of 11.37. The Oil & Gas industry median Pretax Margin % is 5.27. TGS ASA's value of 11.80% is 123.9% above this industry median. Based on the distribution chart, TGS ASA ranks #461 out of 917 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, TGS ASA has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TGS ASA's Pretax Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, TGS ASA ranks #461 out of 917 companies for Pretax Margin %. This places TGS ASA in the lower half of its industry. The industry median Pretax Margin % is 5.27. TGS ASA's value of 11.80% is 123.9% above this benchmark. While the company's 10-year median is 11.37 vs. the industry median of 5.27, 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 Pretax Margin % for an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 5.27, based on 917 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TGS ASA's current Pretax Margin % of 11.80% is 123.9% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TGS ASA and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TGS ASA's current Pretax Margin % is 11.80%, which is near median its own 10-year median of 11.37. 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 (OSL:TGS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr109.72, compared to a current price of kr146.00 — trading 33.1% above its estimated fair value. The current Pretax Margin % is 11.80%, which is near median its 10-year median of 11.37 and 123.9% above the Oil & Gas industry median of 5.27. TGS ASA's overall GF Score™ is 89/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For TGS ASA (OSL:TGS), the current Pretax Margin % is 11.80% as of Jun. 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 (OSL:TGS) Overvalued in 2026?
Based on GuruFocus' analysis, TGS ASA stock appears to be overvalued.
The current stock price of kr146.00 is trading 33.1% above its estimated GF Value™ of kr109.72.
GuruFocus considers TGS ASA to be Significantly Overvalued.
Key valuation signals for OSL:TGS:
Pretax Margin %: 11.80% (near median its 10-year median of 11.37)
GF Value™: kr109.72 vs. price of kr146.00 (33.1% above fair value)
Industry Position: 123.9% above the Oil & Gas median (#461 of 917)
No single metric tells the full story. See the OSL:TGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
89GF Score
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