TGS ASA Shares Outstanding vs. Net Income
TGS ASA Net Income vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TGS ASA's current stock value. Our valuation model uses many indicators to compare TGS ASA value to that of its competitors to determine the firm's financial worth. TGS ASA is rated second in shares outstanding category among its peers. It also is rated second in net income category among its peers . 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 ASA's earnings, one of the primary drivers of an investment's value.TGS Net Income vs. Shares Outstanding
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 ASA |
| = | 123.38 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
TGS ASA |
| = | (75.98 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
TGS Net Income Comparison
TGS ASA is currently under evaluation in net income category among its peers.
TGS ASA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TGS ASA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TGS ASA will eventually generate negative long term returns. The profitability progress is the general direction of TGS ASA's change in net profit over the period of time. It can combine multiple indicators of TGS ASA, 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 ASA provides geoscience data products and services to the oil and gas industry worldwide. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway. Tgs ASA operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 471 people.
TGS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TGS ASA. 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 ASA 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 ASA's important profitability drivers and their relationship over time.
TGS ASA Earnings per Share Projection vs Actual
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Other Information on Investing in TGS OTC Stock
To fully project TGS ASA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TGS ASA 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 ASA's income statement, its balance sheet, and the statement of cash flows.