(TGS) Transportadora de Gas del - Ratings and Ratios

Exchange: NYSE • Country: Argentina • Currency: USD • Type: Common Stock • ISIN: US8938702045

Gas Transport, Liquids, Midstream, Telecom

Stock: Oil & Gas Storage & Transportation
Age 31.2y

MCap 4,803m
Avg Vol 203K (6.07M USD)

Beta 1.288
Volatility 48.27%

EPS (Earnings per Share)

EPS CAGR: -18.90%
EPS Trend: 21.1%

Last SUE: -2.52
Qual. Beats: 0

Revenue

Rev. CAGR: 100.76%
Rev. Trend: 89.7%

Last SUE: -0.04
Qual. Beats: 0

Dividends

Dividend Yield	3.58%
Yield on Cost 5y	18.48%
Yield CAGR 5y	%
Payout Consistency	36.3%
Payout Ratio	42.2%

Risk via 5d forecast
Volatility	48.3%
Value at Risk 5%th	70.2%
Relative Tail Risk	-11.61%

Reward TTM
Sharpe Ratio	0.48
Alpha	-4.36
CAGR/Max DD	1.24

Character TTM
Hurst Exponent	0.411
Beta	1.288
Beta Downside	1.252

Drawdowns 3y
Max DD	37.36%
Mean DD	11.25%
Median DD	9.33%

Description: TGS Transportadora de Gas del January 10, 2026

Transportadora de Gas del Sur S.A. (NYSE:TGS) is an Argentine-based energy infrastructure firm that transports natural gas, produces and sells natural gas liquids (NGLs), and offers midstream processing and telecommunications services. It operates through four segments: Natural Gas Transportation, Liquids Production & Commercialization, Midstream, and Telecommunications, and is a subsidiary of Compañía de Inversiones de Energía S.A.

The Natural Gas Transportation segment moves gas via a ~3,800-km pipeline network to distribution utilities, power generators, and industrial users, while also providing O&M services. The Liquids Production & Commercialization arm processes roughly 0.9 Mt of NGLs annually (ethane, LPG, propane, butane) and handles storage and dispatch. Midstream activities include gas conditioning, compression, and steam generation for power, and the Telecommunications unit delivers digital radio-relay data services to residential, commercial, and industrial customers.

Key drivers for TGS include Argentina’s persistent gas-demand growth (≈5 % YoY), the country’s high inflation and peso depreciation risk, and regulatory frameworks that affect tariff approvals for pipeline capacity. FY-2023 EBITDA margin was about 30 %, reflecting strong cash conversion, but earnings are sensitive to exchange-rate swings and government-set transport tariffs. For deeper quantitative analysis and valuation metrics, you may find additional insights on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income: 407.33b TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA 3.93 > 1.0
NWC/Revenue: 57.79% < 20% (prev 45.97%; Δ 11.83% < -1%)
CFO/TA 0.09 > 3% & CFO 364.78b > Net Income 407.33b
Net Debt (712.85b) to EBITDA (783.72b): 0.91 < 3
Current Ratio: 3.72 > 1.5 & < 3
Outstanding Shares: last quarter (150.6m) vs 12m ago 0.00% < -2%
Gross Margin: 53.96% > 18% (prev 0.48%; Δ 5347 % > 0.5%)
Asset Turnover: 42.48% > 50% (prev 37.99%; Δ 4.49% > 0%)
Interest Coverage Ratio: 11.56 > 6 (EBITDA TTM 783.72b / Interest Expense TTM 52.87b)

Altman Z'' 5.03

A: 0.21 (Total Current Assets 1188.56b - Total Current Liabilities 319.23b) / Total Assets 4104.98b
B: 0.07 (Retained Earnings 275.23b / Total Assets 4104.98b)
C: 0.17 (EBIT TTM 610.90b / Avg Total Assets 3541.42b)
D: 2.16 (Book Value of Equity 2851.43b / Total Liabilities 1320.16b)
Altman-Z'' Score: 5.03 = AAA

Beneish M -3.30

DSRI: 1.15 (Receivables 204.15b/133.68b, Revenue 1504.28b/1131.20b)
GMI: 0.90 (GM 53.96% / 48.50%)
AQI: 0.08 (AQ_t 0.00 / AQ_t-1 0.01)
SGI: 1.33 (Revenue 1504.28b / 1131.20b)
TATA: 0.01 (NI 407.33b - CFO 364.78b) / TA 4104.98b)
Beneish M-Score: -3.30 (Cap -4..+1) = AA

ValueRay F-Score (Strict, 0-100) 72.36

1. Piotroski: 6.0pt
2. FCF Yield: 2.12%
3. FCF Margin: 10.74%
4. Debt/Equity: 0.28
5. Debt/Ebitda: 0.91
6. ROIC - WACC: 3.31%
7. RoE: 16.17%
8. Revenue Trend: 89.65%
9. EPS Trend: 21.06%

What is the price of TGS shares?

As of January 27, 2026, the stock is trading at USD 32.04 with a total of 186,580 shares traded.
Over the past week, the price has changed by +10.10%, over one month by +3.09%, over three months by +4.20% and over the past year by +20.48%.

Is TGS a buy, sell or hold?

Transportadora de Gas del has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold TGS.

Strong Buy: 1
Buy: 0
Hold: 0
Sell: 0
Strong Sell: 1

What are the forecasts/targets for the TGS price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	36.2	13%
Analysts Target Price	36.2	13%
ValueRay Target Price	44	37.4%

TGS Fundamental Data Overview January 22, 2026

Market Cap ARS = 6889.31b (4.80b USD * 1434.5 USD.ARS)
P/E Trailing = 18.0964
P/S = 0.0038
P/B = 2.2586
Revenue TTM = 1504.28b ARS
EBIT TTM = 610.90b ARS
EBITDA TTM = 783.72b ARS
Long Term Debt = 667.21b ARS (from longTermDebt, last quarter)
Short Term Debt = 117.23b ARS (from shortTermDebt, last quarter)
Debt = 785.88b ARS (from shortLongTermDebtTotal, last quarter)
Net Debt = 712.85b ARS (from netDebt column, last quarter)
Enterprise Value = 7608.78b ARS (6889.31b + Debt 785.88b - CCE 66.42b)
Interest Coverage Ratio = 11.56 (Ebit TTM 610.90b / Interest Expense TTM 52.87b)
EV/FCF = 47.11x (Enterprise Value 7608.78b / FCF TTM 161.52b)
FCF Yield = 2.12% (FCF TTM 161.52b / Enterprise Value 7608.78b)
FCF Margin = 10.74% (FCF TTM 161.52b / Revenue TTM 1504.28b)
Net Margin = 27.08% (Net Income TTM 407.33b / Revenue TTM 1504.28b)
Gross Margin = 53.96% ((Revenue TTM 1504.28b - Cost of Revenue TTM 692.59b) / Revenue TTM)
Gross Margin QoQ = 52.14% (prev 52.01%)
Tobins Q-Ratio = 1.85 (Enterprise Value 7608.78b / Total Assets 4104.98b)
Interest Expense / Debt = 0.62% (Interest Expense 4.87b / Debt 785.88b)
Taxrate = 33.27% (55.86b / 167.92b)
NOPAT = 407.67b (EBIT 610.90b * (1 - 33.27%))
Current Ratio = 3.72 (Total Current Assets 1188.56b / Total Current Liabilities 319.23b)
Debt / Equity = 0.28 (Debt 785.88b / totalStockholderEquity, last quarter 2784.81b)
Debt / EBITDA = 0.91 (Net Debt 712.85b / EBITDA 783.72b)
Debt / FCF = 4.41 (Net Debt 712.85b / FCF TTM 161.52b)
Total Stockholder Equity = 2519.69b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.50% (Net Income 407.33b / Total Assets 4104.98b)
RoE = 16.17% (Net Income TTM 407.33b / Total Stockholder Equity 2519.69b)
RoCE = 19.17% (EBIT 610.90b / Capital Employed (Equity 2519.69b + L.T.Debt 667.21b))
RoIC = 12.92% (NOPAT 407.67b / Invested Capital 3154.48b)
WACC = 9.61% (E(6889.31b)/V(7675.20b) * Re(10.66%) + D(785.88b)/V(7675.20b) * Rd(0.62%) * (1-Tc(0.33)))
Discount Rate = 10.66% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 63.31% ; FCFF base≈96.97b ; Y1≈63.65b ; Y5≈29.04b
Fair Price DCF = N/A (negative equity: EV 444.62b - Net Debt 712.85b = -268.24b; debt exceeds intrinsic value)
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 21.06 | EPS CAGR: -18.90% | SUE: -2.52 | # QB: 0
Revenue Correlation: 89.65 | Revenue CAGR: 100.8% | SUE: -0.04 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.59 | Chg30d=+0.310 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=2.39 | Chg30d=+0.143 | Revisions Net=-2 | Growth EPS=+31.9% | Growth Revenue=+7.8%

Additional Sources for TGS Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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