Transportadora de Gas del Sur (MEX:TGS N) 3-Year ROIIC % : 11.53% (As of Dec. 2025) — 52% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:TGS N Transportadora de Gas del Sur SA MEX:TGS N
95 GF Score
Price MXN517.25
GF Value MXN376.96
! 7 Warning Signs
View Full Analysis

What is Transportadora de Gas del Sur 3-Year ROIIC %?

Transportadora de Gas del Sur MEX:TGS N 95 3-Year ROIIC % is 11.53 as of Dec. 2025, which is 52% below its 10-year median of 23.92. GuruFocus rates MEX:TGS N with a GF Score™ of 95/100 and a GF Value™ of MXN376.96. The stock has 7 warning signs investors should review. Among 923 Oil & Gas companies, Transportadora de Gas del Sur ranks better than 69.34% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Transportadora de Gas del Sur's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 11.53%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Transportadora de Gas del Sur's 3-Year ROIIC % or its related term are showing as below:

MEX:TGS N's 3-Year ROIIC % is ranked better than
69.34% of 923 companies
in the Oil & Gas industry
Industry Median: 0.01 vs MEX:TGS N: 11.53

Transportadora de Gas del Sur  (MEX:TGS N) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Transportadora de Gas del Sur 3-Year ROIIC % Related Terms


Transportadora de Gas del Sur 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Transportadora de Gas del Sur's 3-Year ROIIC % 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 Sur 3-Year ROIIC % Chart

Transportadora de Gas del Sur Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.55 20.24 6.40 10.62 11.53

Transportadora de Gas del Sur Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % 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 0.00 0.00 0.00 11.53 0.00

MEX:TGS N vs XOM, CVX: 3-Year ROIIC % Comparison

For the Oil & Gas Integrated subindustry, Transportadora de Gas del Sur's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 Sur 3-Year ROIIC % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Transportadora de Gas del Sur's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Transportadora de Gas del Sur's 3-Year ROIIC % falls into.


MEX:TGS N
95GF Score
Transportadora de Gas del Sur SA MEX:TGS N
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transportadora de Gas del Sur 3-Year ROIIC % Calculation

Transportadora de Gas del Sur's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 6217.2598045 (Dec. 2025) - 27107.09925 (Dec. 2022) )/( 42573.474 (Dec. 2025) - 128787.98 (Dec. 2022) )
=-20889.8394455/-86214.506
=24.23%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 11.53 mean?
Transportadora de Gas del Sur (MEX:TGS N) has a 3-Year ROIIC % of 11.53 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Transportadora de Gas del Sur and its competitors. This is 52% below median its historical median of 23.92. Over the past decade, Transportadora de Gas del Sur's 3-Year ROIIC % has ranged from 6.40 to 114.85. According to the industry distribution chart, Transportadora de Gas del Sur ranks #283 out of 923 companies in the Oil & Gas industry, placing it in the top 30.7%.
Is Transportadora de Gas del Sur's 3-Year ROIIC % too high?
Transportadora de Gas del Sur's current 3-Year ROIIC % of 11.53 is 52% below median its 10-year median of 23.92. Over the past 10 years, this metric has ranged from a low of 6.40 to a high of 114.85. The Oil & Gas industry median 3-Year ROIIC % is 0.01. Transportadora de Gas del Sur's value of 11.53 is 115200% above this industry median. Based on the distribution chart, Transportadora de Gas del Sur ranks #283 out of 923 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Transportadora de Gas del Sur has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Transportadora de Gas del Sur's 3-Year ROIIC % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Transportadora de Gas del Sur ranks #283 out of 923 companies for 3-Year ROIIC %. This puts Transportadora de Gas del Sur in the upper half of its industry. The industry median 3-Year ROIIC % is 0.01. Transportadora de Gas del Sur's value of 11.53 is 115200% above this benchmark. Historically, Transportadora de Gas del Sur's own 3-Year ROIIC % has ranged from 6.40 to 114.85 over the past decade. While the company's 10-year median is 23.92 vs. the industry median of 0.01, Transportadora de Gas del Sur 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 3-Year ROIIC % for an Oil & Gas company?
The median 3-Year ROIIC % among Oil & Gas companies is 0.01, based on 923 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transportadora de Gas del Sur's current 3-Year ROIIC % of 11.53 is 115200% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Transportadora de Gas del Sur and its competitors. For the Oil & Gas industry, the median 3-Year ROIIC % is 0.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transportadora de Gas del Sur's current 3-Year ROIIC % is 11.53, which is 52% below median its own 10-year median of 23.92. 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 Sur stock overvalued right now?
Transportadora de Gas del Sur (MEX:TGS N) has a current 3-Year ROIIC % of 11.53. The stock's GF Value™ is MXN376.96, compared to a current price of MXN517.25 — trading 37.2% above its estimated fair value. The current 3-Year ROIIC % is 11.53, which is 52% below median its 10-year median of 23.92 and 115200% above the Oil & Gas industry median of 0.01. Transportadora de Gas del Sur's overall GF Score™ is 95/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Transportadora de Gas del Sur (MEX:TGS N), the current 3-Year ROIIC % is 11.53 as of Dec. 2025. 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 Sur (MEX:TGS N) Overvalued in 2026?

Based on GuruFocus' analysis, Transportadora de Gas del Sur stock appears to be overvalued. The current stock price of MXN517.25 is trading 37.2% above its estimated GF Value™ of MXN376.96.

Key valuation signals for MEX:TGS N:

  • 3-Year ROIIC %: 11.53 (52% below median its 10-year median of 23.92)
  • GF Value™: MXN376.96 vs. price of MXN517.25 (37.2% above fair value)
  • GF Score™: 95/100 with 7 warning signs
  • Industry Position: 115200% above the Oil & Gas median (#283 of 923)

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


Transportadora de Gas del Sur Business Description

Industry EnergyOil & Gas
Address Cecilia Grierson 355, 26th Floor, Buenos Aires, ARG, C1107CBG
Transportadora de Gas del Sur SA is a natural gas transporter in Latin America. The company's operating segments include Natural Gas Transportation, Midstream, Telecommunications, and Liquids Production and Commercialization. It generates maximum revenue from the Natural Gas Transportation segment. Geographically, it derives the majority of its revenue from Argentina.
95GF Score

Get the complete analysis for MEX:TGS N

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

MXN517.25
Price
MXN376.96
GF Value