TGS-NOPEC GEOPHYSIC (TGC.SG)
TGS-NOPEC GEOPHYSIC (TGC.SG) operates in Diversified Metals & Mining.
TGS-NOPEC GEOPHYSIC (TGC.SG) (TGC) - Net Assets
Latest net assets as of September 2024: €2.07 Billion EUR
Based on the latest financial reports, TGS-NOPEC GEOPHYSIC (TGC.SG) (TGC) has net assets worth €2.07 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.08 Billion) and total liabilities (€2.01 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.07 Billion |
| % of Total Assets | 50.71% |
| Annual Growth Rate | -0.14% |
| 5-Year Change | -17.48% |
| 10-Year Change | -4.75% |
| Growth Volatility | 11.42 |
TGS-NOPEC GEOPHYSIC (TGC.SG) - Net Assets Trend (2013–2023)
This chart illustrates how TGS-NOPEC GEOPHYSIC (TGC.SG)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TGS-NOPEC GEOPHYSIC (TGC.SG) (2013–2023)
The table below shows the annual net assets of TGS-NOPEC GEOPHYSIC (TGC.SG) from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €1.28 Billion | +2.89% |
| 2022-12-31 | €1.24 Billion | +11.16% |
| 2021-12-31 | €1.12 Billion | -12.09% |
| 2020-12-31 | €1.27 Billion | -17.93% |
| 2019-12-31 | €1.55 Billion | +23.50% |
| 2018-12-31 | €1.25 Billion | +4.30% |
| 2017-12-31 | €1.20 Billion | +2.65% |
| 2016-12-31 | €1.17 Billion | -2.42% |
| 2015-12-31 | €1.20 Billion | -10.54% |
| 2014-12-31 | €1.34 Billion | +3.57% |
| 2013-12-31 | €1.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TGS-NOPEC GEOPHYSIC (TGC.SG)'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 48.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €624.59 Million | 48.98% |
| Other Components | €650.52 Million | 51.02% |
| Total Equity | €1.28 Billion | 100.00% |
TGS-NOPEC GEOPHYSIC (TGC.SG) Competitors by Market Cap
The table below lists competitors of TGS-NOPEC GEOPHYSIC (TGC.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SUEDZUCKER (SZU.SG)
STU:SZU
|
$99.32K |
|
OneIM Acquisition Corp. Units
NASDAQ:OIMAU
|
$99.34K |
|
OTG Acquisition Corp. I Class A Ordinary Share
NASDAQ:OTGA
|
$99.38K |
|
FAURECIA (FAU.SG)
STU:FAU
|
$99.42K |
|
Silver Pegasus Acquisition Corp.
NASDAQ:SPEG
|
$99.29K |
|
Meed Growth Corp
V:MEED-P
|
$99.28K |
|
Arctic Falls
ST:ARFA
|
$99.26K |
|
FS KKR Capital Corp
NYSE:FSK
|
$99.22K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TGS-NOPEC GEOPHYSIC (TGC.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,235,907,000 to 1,275,108,000, a change of 39,201,000 (3.2%).
- Net income of 21,646,000 contributed positively to equity growth.
- Dividend payments of 70,605,000 reduced retained earnings.
- Share repurchases of 54,385,000 reduced equity.
- New share issuances of 86,528,000 increased equity.
- Other factors increased equity by 56,017,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €21.65 Million | +1.7% |
| Dividends Paid | €70.61 Million | -5.54% |
| Share Repurchases | €54.38 Million | -4.27% |
| Share Issuances | €86.53 Million | +6.79% |
| Other Changes | €56.02 Million | +4.39% |
| Total Change | €- | 3.17% |
Book Value vs Market Value Analysis
This analysis compares TGS-NOPEC GEOPHYSIC (TGC.SG)'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: 1.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.87x to 1.05x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €11.74 | €10.23 | x |
| 2018-12-31 | €12.21 | €10.23 | x |
| 2019-12-31 | €13.19 | €10.23 | x |
| 2020-12-31 | €10.82 | €10.23 | x |
| 2021-12-31 | €9.61 | €10.23 | x |
| 2022-12-31 | €9.93 | €10.23 | x |
| 2023-12-31 | €9.74 | €10.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TGS-NOPEC GEOPHYSIC (TGC.SG) 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): 1.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.73%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.53x
- Recent ROE (1.70%) is below the historical average (4.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 20.82% | 30.47% | 0.51x | 1.34x | €139.89 Million |
| 2014 | 16.11% | 23.58% | 0.52x | 1.32x | €81.81 Million |
| 2015 | -2.37% | -4.63% | 0.42x | 1.22x | €-148.12 Million |
| 2016 | 2.41% | 6.19% | 0.31x | 1.26x | €-88.69 Million |
| 2017 | 6.30% | 15.36% | 0.35x | 1.19x | €-44.42 Million |
| 2018 | 14.28% | 29.11% | 0.38x | 1.30x | €53.63 Million |
| 2019 | 7.32% | 19.32% | 0.27x | 1.42x | €-41.47 Million |
| 2020 | -13.20% | -46.53% | 0.18x | 1.58x | €-294.36 Million |
| 2021 | -6.81% | -14.65% | 0.32x | 1.46x | €-187.52 Million |
| 2022 | 7.10% | 12.25% | 0.39x | 1.49x | €-35.79 Million |
| 2023 | 1.70% | 2.73% | 0.41x | 1.53x | €-105.86 Million |
Industry Comparison
This section compares TGS-NOPEC GEOPHYSIC (TGC.SG)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TGS-NOPEC GEOPHYSIC (TGC.SG) (TGC) | €2.07 Billion | 20.82% | 0.97x | $99.31K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |