TGS ASA Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 5, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	2,330	1,786	1,959	1,706	1,668	1,115
Market Cap Growth	21.32%	-8.80%	14.80%	2.30%	49.61%	-38.58%
Enterprise Value	2,996	2,433	2,571	1,561	1,495	954
Last Close Price	11.29	9.24	9.58	11.53	10.37	8.93
PE Ratio	127.34	97.60	20.79	78.82	19.00	-
PS Ratio	1.53	1.17	1.49	2.15	2.33	2.15
PB Ratio	1.18	0.90	0.94	1.34	1.35	1.00
P/TBV Ratio	20.53	15.74	12.46	26.51	7.94	13.76
P/FCF Ratio	3.08	2.36	3.73	3.18	5.22	3.54
P/OCF Ratio	2.74	2.10	3.12	2.92	4.86	3.40
EV/Sales Ratio	1.90	1.59	1.95	1.97	2.09	1.84
EV/EBITDA Ratio	3.24	2.72	4.49	5.09	2.93	2.44
EV/EBIT Ratio	6.68	5.58	8.45	12.64	4.23	4.47
EV/FCF Ratio	3.96	3.22	4.90	2.91	4.68	3.03
Debt / Equity Ratio	0.43	0.43	0.40	0.07	0.09	0.04
Debt / EBITDA Ratio	0.96	0.96	1.22	0.23	0.21	0.11
Debt / FCF Ratio	1.13	1.13	1.56	0.16	0.35	0.14
Net Debt / Equity Ratio	0.33	0.33	0.34	-0.09	-0.06	-0.15
Net Debt / EBITDA Ratio	0.72	0.72	1.22	-0.36	-0.15	-0.44
Net Debt / FCF Ratio	0.85	0.85	1.33	-0.21	-0.24	-0.55
Asset Turnover	0.38	0.38	0.44	0.42	0.41	0.28
Inventory Turnover	-	-	11.66	22.72	-	-
Quick Ratio	0.51	0.51	0.52	0.68	1.00	0.97
Current Ratio	0.64	0.64	0.66	0.76	1.02	0.97
Return on Equity (ROE)	0.90%	0.90%	5.62%	1.72%	7.47%	-6.38%
Return on Assets (ROA)	6.83%	6.83%	6.34%	4.07%	12.72%	7.33%
Return on Invested Capital (ROIC)	3.08%	3.01%	9.87%	4.43%	22.88%	20.55%
Return on Capital Employed (ROCE)	15.80%	15.80%	11.00%	9.00%	26.50%	18.00%
Earnings Yield	0.79%	1.03%	4.81%	1.27%	5.27%	-6.82%
FCF Yield	32.43%	42.32%	26.80%	31.46%	19.16%	28.24%
Dividend Yield	5.49%	6.71%	5.84%	4.86%	5.40%	6.27%
Payout Ratio	665.03%	665.03%	97.20%	326.18%	75.33%	-
Buyback Yield / Dilution	-23.35%	-23.35%	-29.63%	-6.92%	-1.88%	0.27%
Total Shareholder Return	-17.86%	-16.64%	-23.78%	-2.06%	3.52%	6.54%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.