Transportadora de Gas del Norte (BUE:TGNO1) ROE %: 14.80% (As of Mar. 2026) — 66% Above Median

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BUE:TGNO1 Transportadora de Gas del Norte SA BUE:TGNO1
82 GF Score
Price ARS2.65
GF Value ARS3.01
! 4 Warning Signs
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What is Transportadora de Gas del Norte ROE %?

Transportadora de Gas del Norte BUE:TGNO1 82 ROE % is 14.80% as of Mar. 2026, which is 66% above its 10-year median of 8.92. GuruFocus rates BUE:TGNO1 with a GF Score™ of 82/100 and a GF Value™ of ARS3.01. The stock has 4 warning signs investors should review. Among 957 Oil & Gas companies, Transportadora de Gas del Norte ranks better than 81.71% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Transportadora de Gas del Norte's annualized net income for the quarter that ended in Mar. 2026 was ARS161,242 Mil. Transportadora de Gas del Norte's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ARS1,089,342 Mil. Therefore, Transportadora de Gas del Norte's annualized ROE % for the quarter that ended in Mar. 2026 was 14.80%.

The historical rank and industry rank for Transportadora de Gas del Norte's ROE % or its related term are showing as below:

BUE:TGNO1' s ROE % Range Over the Past 10 Years
Min: -140.75   Med: 8.92   Max: 20.8
Current: 18.54

During the past 13 years, Transportadora de Gas del Norte's highest ROE % was 20.80%. The lowest was -140.75%. And the median was 8.92%.

BUE:TGNO1's ROE % is ranked better than
81.71% of 957 companies
in the Oil & Gas industry
Industry Median: 5.92 vs BUE:TGNO1: 18.54

Transportadora de Gas del Norte  (BUE:TGNO1) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=161242.084/1089342.3955
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(161242.084 / 674781.276)*(674781.276 / 1359841.852)*(1359841.852 / 1089342.3955)
=Net Margin %*Asset Turnover*Equity Multiplier
=23.9 %*0.4962*1.2483
=ROA %*Equity Multiplier
=11.86 %*1.2483
=14.80 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=161242.084/1089342.3955
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (161242.084 / 221058.096) * (221058.096 / 347590.248) * (347590.248 / 674781.276) * (674781.276 / 1359841.852) * (1359841.852 / 1089342.3955)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7294 * 0.636 * 51.51 % * 0.4962 * 1.2483
=14.80 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Transportadora de Gas del Norte ROE % Related Terms


Transportadora de Gas del Norte ROE % Historical Data

* Premium members only.

The historical data trend for Transportadora de Gas del Norte's ROE % 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.

Transportadora de Gas del Norte ROE % Chart

Transportadora de Gas del Norte Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.59 -5.04 16.30 4.92 20.80

Transportadora de Gas del Norte Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 33.80 13.14 24.27 23.49 14.80

BUE:TGNO1 vs WMB, EPD, KMI: ROE % Comparison

For the Oil & Gas Midstream subindustry, Transportadora de Gas del Norte's ROE %, along with its competitors' market caps and ROE % 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.


Transportadora de Gas del Norte ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Transportadora de Gas del Norte's ROE % distribution charts can be found below:

* The bar in red indicates where Transportadora de Gas del Norte's ROE % falls into.


BUE:TGNO1
82GF Score
Transportadora de Gas del Norte SA BUE:TGNO1
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Transportadora de Gas del Norte ROE % Calculation

Transportadora de Gas del Norte's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=219036.935/( (1084868.686+1021107.951)/ 2 )
=219036.935/1052988.3185
=20.80 %

Transportadora de Gas del Norte's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=161242.084/( (1021107.951+1157576.84)/ 2 )
=161242.084/1089342.3955
=14.80 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 14.80% mean?
Transportadora de Gas del Norte (BUE:TGNO1) has a ROE % of 14.80% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Transportadora de Gas del Norte and its competitors. This is 66% above median its historical median of 8.92. According to the industry distribution chart, Transportadora de Gas del Norte ranks #175 out of 957 companies in the Oil & Gas industry, placing it in the top 18.3%.
Is Transportadora de Gas del Norte's ROE % too high?
Transportadora de Gas del Norte's current ROE % of 14.80% is 66% above median its 10-year median of 8.92. The Oil & Gas industry median ROE % is 5.92. Transportadora de Gas del Norte's value of 14.80% is 150% above this industry median. Based on the distribution chart, Transportadora de Gas del Norte ranks #175 out of 957 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Transportadora de Gas del Norte has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Transportadora de Gas del Norte's ROE % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Transportadora de Gas del Norte ranks #175 out of 957 companies for ROE %. This places Transportadora de Gas del Norte in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 5.92. Transportadora de Gas del Norte's value of 14.80% is 150% above this benchmark. While the company's 10-year median is 8.92 vs. the industry median of 5.92, Transportadora de Gas del Norte 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 ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.92, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transportadora de Gas del Norte's current ROE % of 14.80% is 150% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Transportadora de Gas del Norte and its competitors. For the Oil & Gas industry, the median ROE % is 5.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transportadora de Gas del Norte's current ROE % is 14.80%, which is 66% above median its own 10-year median of 8.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transportadora de Gas del Norte stock overvalued right now?
Transportadora de Gas del Norte (BUE:TGNO1) has a current ROE % of 14.80%. The stock's GF Value™ is ARS3.01, compared to a current price of ARS2.65 — trading 12% below its estimated fair value. The current ROE % is 14.80%, which is 66% above median its 10-year median of 8.92 and 150% above the Oil & Gas industry median of 5.92. Transportadora de Gas del Norte's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Transportadora de Gas del Norte (BUE:TGNO1), the current ROE % is 14.80% 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 Transportadora de Gas del Norte (BUE:TGNO1) Overvalued in 2026?

Based on GuruFocus' analysis, Transportadora de Gas del Norte stock appears to be undervalued. The current stock price of ARS2.65 is trading 12% below its estimated GF Value™ of ARS3.01.

Key valuation signals for BUE:TGNO1:

  • ROE %: 14.80% (66% above median its 10-year median of 8.92)
  • GF Value™: ARS3.01 vs. price of ARS2.65 (12% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 150% above the Oil & Gas median (#175 of 957)

No single metric tells the full story. See the BUE:TGNO1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Transportadora de Gas del Norte Business Description

Industry EnergyOil & Gas
Other Exchanges TGNO4:Argentina
Address Avenida del Libertador, 22nd floor, Buenos Aires, ARG, 7208
Transportadora de Gas del Norte SA is an Argentina-based company. It is active in the distribution of natural gas. Its gas transportation system comprises two main pipelines: The Northern Pipeline, which begins in the province of Salta, and the Central Western Pipeline, which starts in the Province of Neuquen. The services offered by the company include Gas transportation and providing operation, maintenance, and technical assistance of third-party pipelines.
82GF Score

Get the complete analysis for BUE:TGNO1

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

ARS2.65
Price
ARS3.01
GF Value