TGS NOPEC Current Valuation vs. Shares Outstanding

TGS Stock  NOK 108.00  1.10  1.01%   
Based on the measurements of profitability obtained from TGS NOPEC's financial statements, TGS NOPEC Geophysical may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess TGS NOPEC's ability to earn profits and add value for shareholders.
For TGS NOPEC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TGS NOPEC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TGS NOPEC Geophysical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TGS NOPEC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TGS NOPEC Geophysical over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between TGS NOPEC's value and its price as these two are different measures arrived at by different means. Investors typically determine if TGS NOPEC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TGS NOPEC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

TGS NOPEC Geophysical Shares Outstanding vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining TGS NOPEC's current stock value. Our valuation model uses many indicators to compare TGS NOPEC value to that of its competitors to determine the firm's financial worth.
TGS NOPEC Geophysical is currently regarded number one company in current valuation category among its peers. It is rated second in shares outstanding category among its peers creating about  0.01  of Shares Outstanding per Current Valuation. The ratio of Current Valuation to Shares Outstanding for TGS NOPEC Geophysical is roughly  108.50 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TGS NOPEC's earnings, one of the primary drivers of an investment's value.

TGS Current Valuation vs. Competition

TGS NOPEC Geophysical is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is at this time estimated at about 145.23 Billion. TGS NOPEC holds roughly 12.57 Billion in current valuation claiming about 9% of equities under Energy industry.

TGS Shares Outstanding vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

TGS NOPEC

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
12.57 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

TGS NOPEC

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
115.9 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

TGS Shares Outstanding Comparison

TGS NOPEC is currently under evaluation in shares outstanding category among its peers.

TGS NOPEC Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in TGS NOPEC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TGS NOPEC will eventually generate negative long term returns. The profitability progress is the general direction of TGS NOPEC's change in net profit over the period of time. It can combine multiple indicators of TGS NOPEC, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
TGS-NOPEC Geophysical Company ASA provides geoscientific data products and services to the oil and gas industry worldwide. TGS-NOPEC Geophysical Company ASA was founded in 1981 and is headquartered in Asker, Norway. TGS NOPEC operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. It employs 547 people.

TGS Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on TGS NOPEC. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of TGS NOPEC position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the TGS NOPEC's important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in TGS NOPEC without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your TGS NOPEC position

In addition to having TGS NOPEC in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Large Growth Funds Theme
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 42 constituents at this time.
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Other Information on Investing in TGS Stock

To fully project TGS NOPEC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TGS NOPEC Geophysical at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include TGS NOPEC's income statement, its balance sheet, and the statement of cash flows.
Potential TGS NOPEC investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although TGS NOPEC investors may work on each financial statement separately, they are all related. The changes in TGS NOPEC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TGS NOPEC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.