TGS Stock Analysis: Transportadora de Gas del | NYSE
Oil & Gas Integrated | NYSE, USA | Market Cap: 3.765m USD | 12M Return: 11.1% | US8938702045 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.27M
EPS Trend: 81.5%
Qual. Beats: -1
Rev. Trend: 96.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 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. (TGS) is an Argentine midstream energy company operating across four segments: Natural Gas Transportation Services, Liquids Production and Commercialization, Midstream services, and Telecommunications. The company transports natural gas through its pipeline system to distribution companies, power plants, and industrial customers, while also producing and commercializing natural gas liquids (NGLs) such as ethane, propane, butane, LPG, and natural gasoline. Its Midstream segment provides gas conditioning, treatment, impurity removal, and compression services, and its Telecommunications unit offers data transmission via a digital terrestrial radio relay network. Incorporated in 1992 and headquartered in Buenos Aires, TGS operates as a subsidiary of Compañía de Inversiones de Energía S.A.
As an Oil & Gas Storage & Transportation company under the GICS classification, TGS holds long-term natural gas transportation licenses in Argentina, where pipeline tariffs and access terms are regulated by the national government. NGL production is typically a byproduct of natural gas processing, where heavier hydrocarbons are extracted from raw gas before it enters long-distance pipelines, allowing operators like TGS to generate revenue from both regulated transportation fees and commodity-linked liquids sales. Its inclusion of a telecommunications business reflects a common practice among Argentine infrastructure operators of monetizing their right-of-way assets (pipelines and fiber routes) by leasing capacity to third-party data and communications customers.
- Argentina peso depreciation pressures USD-reported earnings
- Regulated gas transportation tariffs and Vaca Muerta volumes drive core segment revenue
- NGL export prices and Vaca Muerta throughput expand liquids segment margins
| Net Income: 560b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -2.14 > 1.0 |
| NWC/Revenue: 95.27% < 20% (prev 47.58%; Δ 47.69% < -1%) |
| CFO/TA 0.14 > 3% & CFO 944b > Net Income 560b |
| Net Debt (-531b) 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 944b) / TA 6721b) |
| Beneish M = -2.42 (Cap -4..+1) = BBB |
As of October 12, 2026, the stock is trading at USD 25.71 with a total of 260,061 shares traded. Over the past week, the price has changed by +2.80%, over one month by -13.81%, over three months by -12.19% and over the past year by +11.11%.
Current recommended Stop Loss: 24.50 (which is 4.7% or 1.3 ATR below the current price).
Transportadora de Gas del has received a consensus analysts rating of 4.25. Therefore, it is recommended to buy TGS.
- StrongBuy: 5
- Buy: 2
- Hold: 0
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 40.9 | 59% |
Market Cap ARS = 5710b (3.77b USD * 1516.5 USD.ARS)
P/E Trailing = 11.0664
P/E Forward = 8.5616
P/S = 0.002
P/B = 1.5753
Revenue TTM = 2036b ARS
EBIT TTM = 979b ARS
EBITDA TTM = 1222b ARS
Long Term Debt = 1535b ARS (from longTermDebt, last quarter)
Short Term Debt = 141b ARS (from shortTermDebt, last quarter)
Debt = 1693b ARS (from shortLongTermDebtTotal, last quarter) + Leases 4.02b
Net Debt = -531b ARS (calculated: Debt 1693b - CCE 2224b)
Enterprise Value = 5179b ARS (5710b + Debt 1693b - CCE 2224b)
Interest Coverage Ratio = 7.58 (Ebit TTM 979b / Interest Expense TTM 129b)
EV/FCF = 12.71x (Enterprise Value 5179b / FCF TTM 408b)
FCF Yield = 7.87% (FCF TTM 408b / Enterprise Value 5179b)
FCF Margin = 20.02% (FCF TTM 408b / 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 = 0.77 (Enterprise Value 5179b / Total Assets 6721b)
Interest Expense / Debt = 7.63% (Interest Expense 129b / Debt 1693b)
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 1693b / totalStockholderEquity, last quarter 3999b)
Debt / EBITDA = -0.43 (Net Debt -531b / EBITDA 1222b)
Debt / FCF = -1.30 (Net Debt -531b / FCF TTM 408b)
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 = 19.95% (EBIT 979b / Capital Employed (Equity 3373b + L.T.Debt 1535b))
RoIC = 10.41% (NOPAT 628b / Invested Capital 6035b)
WACC = 7.02% (E(5710b)/V(7403b) * Re(7.65%) + D(1693b)/V(7403b) * Rd(7.63%) * (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≈366b ; Y1≈420b ; Y5≈618b
[DCF] Fair Price = 141k (EV 9300b - Net Debt -531b = Equity 9831b / Shares 69.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
[DCF] Fair Price = 141k (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=0.56 | Chg30d=+0.00% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=2.70 | Chg30d=+0.00% | Revisions=-29% | GrowthEPS=+36.5% | GrowthRev=+20.1%
EPS next Year (2027-12-31): EPS=2.62 | Chg30d=+0.00% | Revisions=-17% | GrowthEPS=-3.0% | GrowthRev=+5.4%
[Analyst] Revisions Ratio: -25% (up=3, down=6)