TGS ASA SP.ADR/1 Net Assets
TGS ASA SP.ADR/1 net assets. Based on the latest financial reports, TGS ASA SP.ADR/1 (TGC0) has net assets worth €1.94 Billion EUR (≈ $2.27 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.89 Billion ≈ $4.55 Billion USD) and total liabilities (€1.95 Billion ≈ $2.28 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See TGC0 equity to assets ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.94 Billion |
| % of Total Assets | 49.88% |
| Annual Growth Rate | 16.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 30.12 |
Net Assets of TGS ASA SP.ADR/1 (2022–2025)
Net assets of TGS ASA SP.ADR/1 from 2022 to 2025. This chart illustrates how TGS ASA SP.ADR/1's net assets have evolved over time, based on quarterly financial data. Also explore TGS ASA SP.ADR/1 (TGC0) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for TGS ASA SP.ADR/1 (2022–2025)
The table below shows the annual net assets of TGS ASA SP.ADR/1 from 2022 to 2025. For live market cap and overall valuation, see TGC0 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €1.98 Billion ≈ $2.32 Billion |
-4.57% |
| 2024-12-31 | €2.08 Billion ≈ $2.43 Billion |
+62.72% |
| 2023-12-31 | €1.28 Billion ≈ $1.49 Billion |
+2.89% |
| 2022-12-31 | €1.24 Billion ≈ $1.45 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to TGS ASA SP.ADR/1's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 20.4% over the analyzed period, potentially due to dividend distributions or operating losses.
TGS ASA SP.ADR/1 Net Assets Breakdown (December 2025)
TGS ASA SP.ADR/1 net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €534.20 Million | 26.98% |
| Other Components | €1.45 Billion | 73.02% |
| Total Equity | €1.98 Billion | 100.00% |
TGS ASA SP.ADR/1 Competitors by Market Cap
The table below lists competitors of TGS ASA SP.ADR/1 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avi Ltd
JSE:AVI
|
$1.45 Billion |
|
Hawaiian Electric Industries Inc
NYSE:HE
|
$1.45 Billion |
|
Luxin Venture Capital Group Co Ltd
SHG:600783
|
$1.45 Billion |
|
Zen Technologies Limited
NSE:ZENTEC
|
$1.45 Billion |
|
4iG Nyrt.
BUD:4IG
|
$1.45 Billion |
|
Tower Bersama Infrastructure Tbk PT
JK:TBIG
|
$1.45 Billion |
|
Tibet Mineral Development Co Ltd
SHE:000762
|
$1.45 Billion |
|
Supreme Petrochem Limited
NSE:SPLPETRO
|
$1.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TGS ASA SP.ADR/1's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,075,164,000 to 1,980,200,000, a change of -94,964,000 (-4.6%).
- Net income of 18,300,000 contributed positively to equity growth.
- Dividend payments of 121,700,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €18.30 Million | +0.92% |
| Dividends Paid | €121.70 Million | -6.15% |
| Other Changes | €8.44 Million | +0.43% |
| Total Change | €- | -4.58% |
Book Value vs Market Value Analysis
This analysis compares TGS ASA SP.ADR/1's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | €9.93 | €13.40 | x |
| 2023-12-31 | €9.74 | €13.40 | x |
| 2024-12-31 | €10.58 | €13.40 | x |
| 2025-12-31 | €10.08 | €13.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TGS ASA SP.ADR/1 utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.20%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.99x
- Recent ROE (0.92%) is below the historical average (3.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 7.10% | 12.25% | 0.39x | 1.49x | €-35.79 Million |
| 2023 | 1.70% | 2.73% | 0.41x | 1.53x | €-105.86 Million |
| 2024 | 4.54% | 7.15% | 0.33x | 1.95x | €-113.32 Million |
| 2025 | 0.92% | 1.20% | 0.39x | 1.99x | €-179.72 Million |
Industry Comparison
This section compares TGS ASA SP.ADR/1's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $6,413,834,252
- Average return on equity (ROE) among peers: 12.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TGS ASA SP.ADR/1 (TGC0) | €1.94 Billion | 7.10% | 1.00x | $1.45 Billion |
| Petrolia SE (0PE) | $41.40 Million | -2.09% | 0.72x | $30.70 Million |
| TechnipFMC PLC (1T1) | $3.14 Billion | 26.86% | 2.14x | $25.51 Billion |
| Honghua Group Limited (4HB) | $4.96 Billion | 10.84% | 1.87x | $115.48 Million |
| Anton Oilfield Services Group (5AO) | $3.61 Billion | 6.72% | 1.83x | $244.62 Million |
| HILONG HOLDING LTD HD-10 (8HL) | $3.33 Billion | 4.47% | 1.39x | $43.62 Million |
| GAZTR.TECHNI.U.ADR1/5EO01 (9TG0) | $589.70 Million | 70.14% | 0.77x | $7.76 Billion |
| China Oilfield Services Limited (CO9) | $34.68 Billion | 0.10% | 1.13x | $1.74 Billion |
| CIMC Enric Holdings Limited (E8F) | $13.11 Billion | 8.35% | 1.24x | $1.76 Billion |
| GULF MARINE SVCS LS -02 (G0M) | $262.71 Million | 11.80% | 1.57x | $241.95 Million |
| Shengli Oil & Gas Pipe Holdings Limited (GSG) | $427.33 Million | -9.96% | 1.49x | $20.38 Million |
About TGS ASA SP.ADR/1
TGS ASA provides geoscience data services to the oil and gas industry in Norway and internationally. The company offers geophysical data, such as multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solut… Read more