TGS Stock Analysis: Transportadora de Gas del | NYSE
Oil & Gas Integrated | NYSE, USA | Market Cap: 4.276m USD | 12M Return: 7.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 8.43M
EPS Trend: 71.6%
Qual. Beats: 1
Rev. Trend: 94.3%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Transportadora de Gas del Sur S.A. (NYSE: TGS) is an Argentine energy infrastructure company whose core business is the transportation of natural gas through an extensive pipeline system, serving distribution companies, power plants, and industrial customers. The company is classified under the GICS Oil & Gas Storage & Transportation sub-industry, reflecting its role as a regulated midstream operator that earns revenue primarily through capacity-based tariffs rather than commodity exposure.
The company operates through four segments: Natural Gas Transportation Services, Liquids Production and Commercialization, Midstream services, and Telecommunications. Its liquids segment processes and sells natural gas liquids (NGLs) such as ethane, propane, butane, and natural gasoline, which are byproducts separated during gas processing and are typically priced in relation to oil markets. The Midstream segment offers gas conditioning, treatment, and compression services, while the Telecommunications segment provides data transmission over a digital terrestrial radio relay network-an unusual diversification for a pipeline operator, leveraging rights-of-way infrastructure originally built for pipeline operations.
Incorporated in 1992 and headquartered in Buenos Aires, TGS listed on the NYSE in 1994 and operates as a subsidiary of Compañía de Inversiones de Energía S.A. As one of Argentinas two main natural gas transporters, the company plays a systemically important role in connecting southern gas-producing basins (such as Neuquén) with major demand centers in the countrys industrial heartland.
- Vaca Muerta shale output growth boosts pipeline transportation volumes
- NGL prices and ethane demand drive liquids segment margins
- Argentine peso volatility pressures USD tariff revenue and debt servicing
| Net Income: 459b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -4.08 > 1.0 |
| NWC/Revenue: 98.98% < 20% (prev 53.84%; Δ 45.14% < -1%) |
| CFO/TA 0.09 > 3% & CFO 505b > Net Income 459b |
| Net Debt (-228b) to EBITDA (1053b): -0.22 < 3 |
| Current Ratio: 5.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (150.5m) vs 12m ago -0.00% < -2% |
| Gross Margin: 54.27% > 18% (prev 54.77%; Δ -0.50% > 0.5%) |
| Asset Turnover: 37.84% > 50% (prev 38.17%; Δ -0.33% > 0%) |
| Interest Coverage Ratio: 7.88 > 6 (EBIT TTM 833b / Interest Expense TTM 106b) |
| A: 0.31 (Total Current Assets 2234b - Total Current Liabilities 437b) / Total Assets 5850b |
| B: 0.11 (Retained Earnings 621b / Total Assets 5850b) |
| C: 0.17 (EBIT TTM 833b / Avg Total Assets 4798b) |
| D: 1.58 (Book Value of Equity 3583b / Total Liabilities 2266b) |
| Altman-Z'' = 5.19 = AAA |
| DSRI: 2.08 (Receivables 416b/157b, Revenue 1816b/1430b) |
| GMI: 1.01 (GM 54.77% / 54.27%) |
| AQI: 2.30 (AQ_t 0.00 / AQ_t-1 0.00) |
| SGI: 1.27 (Revenue 1816b / 1430b) |
| TATA: -0.01 (NI 459b - CFO 505b) / TA 5850b) |
| Beneish M = -1.16 (Cap -4..+1) = D |
As of July 06, 2026, the stock is trading at USD 28.40 with a total of 407,800 shares traded. Over the past week, the price has changed by -4.12%, over one month by -3.76%, over three months by -17.90% and over the past year by +7.78%.
Current recommended Stop Loss: 26.80 (which is 5.6% or 1.3 ATR below the current price).
Transportadora de Gas del has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold TGS.
- StrongBuy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 40.1 | 41.1% |
Market Cap ARS = 6363b (4.28b USD * 1488.25 USD.ARS)
P/E Trailing = 14.4162
P/E Forward = 8.5616
P/S = 0.0024
P/B = 1.7799
Revenue TTM = 1816b ARS
EBIT TTM = 833b ARS
EBITDA TTM = 1053b ARS
Long Term Debt = 1409b ARS (from longTermDebt, last quarter)
Short Term Debt = 162b ARS (from shortTermDebt, last quarter)
Debt = 1578b ARS (from shortLongTermDebtTotal, last quarter) + Leases 6.55b
Net Debt = -228b ARS (calculated: Debt 1578b - CCE 1806b)
Enterprise Value = 6135b ARS (6363b + Debt 1578b - CCE 1806b)
Interest Coverage Ratio = 7.88 (Ebit TTM 833b / Interest Expense TTM 106b)
EV/FCF = 42.56x (Enterprise Value 6135b / FCF TTM 144b)
FCF Yield = 2.35% (FCF TTM 144b / Enterprise Value 6135b)
FCF Margin = 7.94% (FCF TTM 144b / Revenue TTM 1816b)
Net Margin = 25.30% (Net Income TTM 459b / Revenue TTM 1816b)
Gross Margin = 54.27% ((Revenue TTM 1816b - Cost of Revenue TTM 830b) / Revenue TTM)
Gross Margin QoQ = 58.25% (prev 54.25%)
Tobins Q-Ratio = 1.05 (Enterprise Value 6135b / Total Assets 5850b)
Interest Expense / Debt = 6.70% (Interest Expense 106b / Debt 1578b)
Taxrate = 36.85% (268b / 727b)
NOPAT = 526b (EBIT 833b * (1 - 36.85%))
Current Ratio = 5.11 (Total Current Assets 2234b / Total Current Liabilities 437b)
Debt / Equity = 0.44 (Debt 1578b / totalStockholderEquity, last quarter 3583b)
Debt / EBITDA = -0.22 (Net Debt -228b / EBITDA 1053b)
Debt / FCF = -1.58 (Net Debt -228b / FCF TTM 144b)
Total Stockholder Equity = 3006b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.57% (Net Income 459b / Total Assets 5850b)
RoE = 15.28% (Net Income TTM 459b / Total Stockholder Equity 3006b)
RoCE = 18.87% (EBIT 833b / Capital Employed (Equity 3006b + L.T.Debt 1409b))
RoIC = 9.59% (NOPAT 526b / Invested Capital 5484b)
WACC = 7.30% (E(6363b)/V(7941b) * Re(8.06%) + D(1578b)/V(7941b) * Rd(6.70%) * (1-Tc(0.37)))
Discount Rate = 8.06% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -44.72 | Cagr: -0.00%
[DCF] Terminal Value 73.10% ; FCFF base≈185b ; Y1≈162b ; Y5≈131b
[DCF] Fair Price = 33.5k (EV 2099b - Net Debt -228b = Equity 2327b / Shares 69.5m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 71.57 | EPS CAGR: 121.6% | SUE: 1.16 | # QB: 1
Revenue Correlation: 94.34 | Revenue CAGR: 52.30% | SUE: 0.04 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.76 | Chg30d=+11.00% | Revisions=+25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.88 | Chg30d=+51.22% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=2.87 | Chg30d=-0.73% | Revisions=+25% | GrowthEPS=+45.1% | GrowthRev=+11.7%
EPS next Year (2027-12-31): EPS=2.79 | Chg30d=+0.50% | Revisions=+40% | GrowthEPS=-2.9% | GrowthRev=+8.5%
[Analyst] Revisions Ratio: +62% (up=5, down=0)