TGS Stock Analysis: Transportadora de Gas del | NYSE
Oil & Gas Integrated | NYSE, USA | Market Cap: 4.231m USD | 12M Return: -1.3% | US8938702045 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.57M
EPS Trend: 81.5%
Qual. Beats: -1
Rev. Trend: 96.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 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: 560b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 1.11 > 1.0 |
| NWC/Revenue: 95.27% < 20% (prev 47.58%; Δ 47.69% < -1%) |
| CFO/TA 0.14 > 3% & CFO 945b > Net Income 560b |
| Net Debt (-528b) to EBITDA (1222b): -0.43 < 3 |
| Current Ratio: 3.67 > 1.5 & < 3 |
| Outstanding Shares: last quarter (150.6m) vs 12m ago 0.0% < -2% |
| Gross Margin: 53.57% > 18% (prev 53.56%; Δ 0.01% > 0.5%) |
| Asset Turnover: 39.03% > 50% (prev 38.00%; Δ 1.03% > 0%) |
| Interest Coverage Ratio: 7.58 > 6 (EBIT TTM 979b / Interest Expense TTM 129b) |
| A: 0.29 (Total Current Assets 2665b - Total Current Liabilities 726b) / Total Assets 6721b |
| B: 0.05 (Retained Earnings 307b / Total Assets 6721b) |
| C: 0.19 (EBIT TTM 979b / Avg Total Assets 5216b) |
| D: 1.47 (Book Value of Equity 3999b / Total Liabilities 2722b) |
| Altman-Z'' = 4.85 = AA |
| DSRI: 0.85 (Receivables 258b/209b, Revenue 2036b/1410b) |
| GMI: 1.00 (GM 53.56% / 53.57%) |
| AQI: 1.70 (AQ_t 0.00 / AQ_t-1 0.00) |
| SGI: 1.44 (Revenue 2036b / 1410b) |
| TATA: -0.06 (NI 560b - CFO 945b) / TA 6721b) |
| Beneish M = -2.42 (Cap -4..+1) = BBB |
As of August 17, 2026, the stock is trading at USD 28.10 with a total of 134,147 shares traded. Over the past week, the price has changed by -2.40%, over one month by -5.64%, over three months by -8.59% and over the past year by -1.30%.
Current recommended Stop Loss: 26.60 (which is 5.3% 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 | 41.3 | 46.9% |
Market Cap ARS = 6294b (4.23b USD * 1487.75 USD.ARS)
P/E Trailing = 14.3367
P/E Forward = 8.5616
P/S = 0.0023
P/B = 1.838
Revenue TTM = 2036b ARS
EBIT TTM = 979b ARS
EBITDA TTM = 1222b ARS
Long Term Debt = 1459b ARS (from longTermDebt, last fiscal year)
Short Term Debt = 141b ARS (from shortTermDebt, last quarter)
Debt = 1695b ARS (from shortLongTermDebtTotal, last quarter) + Leases 6.55b
Net Debt = -528b ARS (calculated: Debt 1695b - CCE 2224b)
Enterprise Value = 5765b ARS (6294b + Debt 1695b - CCE 2224b)
Interest Coverage Ratio = 7.58 (Ebit TTM 979b / Interest Expense TTM 129b)
EV/FCF = 14.39x (Enterprise Value 5765b / FCF TTM 401b)
FCF Yield = 6.95% (FCF TTM 401b / Enterprise Value 5765b)
FCF Margin = 19.68% (FCF TTM 401b / Revenue TTM 2036b)
Net Margin = 27.52% (Net Income TTM 560b / Revenue TTM 2036b)
Gross Margin = 53.57% ((Revenue TTM 2036b - Cost of Revenue TTM 945b) / Revenue TTM)
Gross Margin QoQ = 50.37% (prev 58.25%)
Tobins Q-Ratio = 0.86 (Enterprise Value 5765b / Total Assets 6721b)
Interest Expense / Debt = 7.62% (Interest Expense 129b / Debt 1695b)
Taxrate = 35.84% (313b / 873b)
NOPAT = 628b (EBIT 979b * (1 - 35.84%))
Current Ratio = 3.67 (Total Current Assets 2665b / Total Current Liabilities 726b)
Debt / Equity = 0.42 (Debt 1695b / totalStockholderEquity, last quarter 3999b)
Debt / EBITDA = -0.43 (Net Debt -528b / EBITDA 1222b)
Debt / FCF = -1.32 (Net Debt -528b / FCF TTM 401b)
Total Stockholder Equity = 3373b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.74% (Net Income 560b / Total Assets 6721b)
RoE = 16.61% (Net Income TTM 560b / Total Stockholder Equity 3373b)
RoCE = 20.26% (EBIT 979b / Capital Employed (Equity 3373b + L.T.Debt 1459b))
RoIC = 10.41% (NOPAT 628b / Invested Capital 6035b)
WACC = 7.06% (E(6294b)/V(7989b) * Re(7.65%) + D(1695b)/V(7989b) * Rd(7.62%) * (1-Tc(0.36)))
Discount Rate = 7.65% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -40.62 | Cagr: 0.0%
[DCF] Terminal Value 77.97% ; FCFF base≈312b ; Y1≈358b ; Y5≈527b
[DCF] Fair Price = 122k (EV 7928b - Net Debt -528b = Equity 8456b / Shares 69.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
[DCF] Fair Price = 122k (out of range, set to none)
EPS Correlation: 81.52 | EPS CAGR: 153.9% | SUE: -1.53 | # QB: -1
Revenue Correlation: 96.81 | Revenue CAGR: 42.38% | SUE: 0.22 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.63 | Chg30d=-15.20% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=2.71 | Chg30d=-4.80% | Revisions=-25% | GrowthEPS=+37.0% | GrowthRev=+18.6%
EPS next Year (2027-12-31): EPS=2.70 | Chg30d=-2.39% | Revisions=-25% | GrowthEPS=-0.4% | GrowthRev=+6.5%
[Analyst] Revisions Ratio: -40% (up=0, down=2)