reports hero background
UPDATED: Nov 24, 2025

Stock Analysis

TGS Logo
$28.84
-$0.58 |-1.97%
Day Range:
$28.84 - $29.41
Market Cap:
4.43B
P/E Ratio:
17.7026
Avg Value:
$27.06
Year Range:
$19.74 - $34.37
1
General Information
Transportadora de Gas del Sur SA is a transporters of natural gas in Latin America. The company's operating segments include Natural Gas Transportation, Midstream, Telecommunications, Production and Commercialization Liquids, Other Services, and Telecommunications.

It generates maximum revenue from the Production and Commercialization of the Liquids segment. Geographically, it derives the majority of its revenue from Argentina.

2
Transportadora de Gas (TGS) Stock Graph
3
How We Grade Transportadora de Gas (TGS)

We grade stocks based on past performance, their future growth potential, intrinsic value, dividend history, and overall financial health.

The chart below shows how we grade Transportadora de Gas (TGS) across the board compared to its closest peers.

4
Benzinga Edge Rankings

Benzinga Edge stock rankings give you four critical scores to help you identify the strongest and weakest stocks to buy and sell.

88.16

Growth measures a stock's combined historical expansion in earnings and revenue across multiple time periods, with emphasis on both long-term trends and recent performance.

72.44

Value is a percentile-ranked composite metric that evaluates a stock's relative worth by comparing its market price to fundamental measures of the company's assets, earnings, sales, and operating performance.

Momentum measures a stock's relative strength based on its price movement patterns and volatility over multiple timeframes, ranked as a percentile against other stocks.

Quality is a composite ranking that evaluates a company's operational efficiency and financial health by analyzing historical profitability metrics and fundamental strength indicators on a percentile basis relative to peers.

Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
5
Peer Ratings

See how Transportadora de Gas compares to its peers in these key performance metrics from Benzinga Rankings.

Top Peers
Value
Quality
Growth
Momentum
Short
Medium
Long
HESMHess Midstream
55.89
86.17
89.18
22.43
GLNGGolar LNG
35.9
0
39.56
33.3
PAGPPlains GP Holdings
33.67
61.09
63.62
33.3
STNGScorpio Tankers
74.67
0
26.31
85.17
Short: price trend over the last couple of months
Medium: price trend over the last couple of quarters
Long: price trend over the past year
Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
6
Valuation

Earnings History (3 years)

It is important to look at a companies earnings history to see not only if they are profitable, but if their earnings are growing.
As you can see from the chart above, TGS's earnings have fluctuated but has increased since, this is a positive sign for the stock.
7
Financial Health
What is the current state of the company's financial situation?

We measure the health of a company based on how profitable they are and their ability to cover both their short-term and long-term debts. The key indicators that we use are the Operating Margin, Quick Ratio, and Debt-to-Equity ratio relative to the companies peers

Operational Margin 0.4294

The operating margin measures how much profit a company makes after it spends money on wages, materials or other administrative expenses but before interest and taxes. It is a good representation of how efficiently a company is able to generate profit from its core operations.

Quick Ratio 3.3816

The quick ratio measures how much of a company's debt, that is due in less than 1 year, can be covered using its cash equivalents, marketable securities, and money that is currently owed to them (accounts receivables).

A company with a quick ratio of less than 1.00 does not, in many cases, have the capital on hand to meet its short-term obligations if they were all due at once, while a quick ratio greater than one indicates the company has the financial resources to remain solvent in the short term.

Debt-to-Equity 0.4741

Debt-to-equity is calculated by dividing a company's total liabilities by its shareholders equity. It is a measure of the degree to which a company is financing its operations through debt versus wholly owned funds. Generally speaking, a D/E ratio below 1.0 would be seen as relatively safe, whereas ratios of 2.0 or higher would be considered risky.

The chart above shows Transportadora de Gas (TGS) operating margin, quick ratio, and debt-to-equity ratio compared to its peers. The black markers represent the peer averages for each ratio and the blue bars represent Transportadora de Gas (TGS) ratio values.
8
Past Performance
How has Transportadora de Gas (TGS) performed over the past 5 years?

The two main factors that we consider when analyzing past performance is overall return and volatility

Using these two metrics, we can determine if this stock gave its investors enough return for the risk that they took on by owning it. This is measured by the sharpe ratio, which has been used as a primary measure of risk/reward trade-off for almost 60 years.

This ratio can be interpreted as the amount of return an investor has received for the amount of risk that they took on by owning the stock over that timeframe.

Transportadora de Gas (TGS) sharpe ratio over the past 5 years is 2.1802 which is considered to be above average compared to the peer average of 1.5882

9
Company Financials
INCOME STATEMENT
The income statement also known as the profit and loss statement, primarily focuses on the company's revenues and expenses during a particular period.

The main purpose of an income statement is to convey details of profitability and business activities. Below, is TGS's income statement for the previous four years along with its trailing-twelve- month profit & loss.

FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Total Revenue
81.54
141.14
394.48
1,113.03
1,496.96
Operating Revenue
81.54
141.14
394.48
1,113.03
1,496.96
Cost Of Revenue
45.23
86.56
254.10
528.51
694.74
Gross Profit
36.31
54.58
140.38
584.52
802.21
Operating Expense
4.63
9.41
38.55
100.50
172.33
Selling General And Administration
6.58
10.35
27.76
75.43
112.39
Research and Development
0.00
0.00
0.00
0.00
0.00
Operating Income
31.68
45.17
101.83
484.02
629.88
Net Non-Operating Interest Income Expense
4.58
-3.17
-0.90
-100.40
-152.74
Other Income Expense
-4.71
0.46
-71.76
153.18
144.40
Other Non-Operating Income Expenses
0.00
0.00
0.00
0.00
0.00
Pre-Tax Income
31.55
42.46
29.17
536.80
621.55
Tax Provision
11.77
14.84
13.66
195.33
214.22
Net Income
19.78
27.63
15.52
341.47
407.33
Net Income Common Stockholders
19.78
27.63
15.52
341.47
407.33
Total Operating Income As Reported
31.68
45.13
101.75
522.38
661.11
Total Expenses
49.86
95.97
292.65
629.01
867.07
Net Income From Continuing And Discontinued Operation
19.78
27.63
15.52
341.47
407.33
Normalized Income
23.30
27.44
25.23
247.96
320.88
Interest Income
1.00
1.66
23.42
16.77
-8.13
Interest Expense
4.19
6.06
22.46
50.88
68.28
Net Interest Income
4.58
-3.17
-0.90
-100.40
-152.74
EBIT
35.74
48.52
51.64
587.68
689.83
EBITDA
45.35
68.09
112.26
717.35
870.32
Reconciled Cost Of Revenue
40.67
77.18
218.38
466.54
615.41
Reconciled Depreciation
9.61
19.57
60.63
129.67
180.48
Normalized EBITDA
50.09
67.71
127.21
568.48
737.96
Tax Rate For Calcs
0.00
0.00
0.00
0.00
0.33
Tax Effect Of Unusual Items
-1.21
0.20
-5.23
55.35
45.91
BALANCE SHEET
The balance sheet is a snapshot of a companies financials during a particular period in time.

It breaks down what company owns (assets) and what a company owes (liabilities), in order to give investors an overview of its capital structure.

FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Total Assets
208.18
412.09
1,525.79
3,394.60
4,104.98
Current Assets
35.49
77.25
425.20
1,008.05
1,188.56
Total Non-Current Assets
172.69
334.84
1,100.59
2,386.54
2,916.42
Total Liabilities Net Minority Interest
87.59
144.87
670.12
1,161.09
1,320.16
Current Liabilities
20.26
21.19
119.54
368.96
319.23
Other Non-Current Liabilities
0.00
0.00
0.00
0.00
0.00
Total Equity Gross Minority Interest
120.59
267.22
855.67
2,233.51
2,784.82
Stockholders Equity
0.00
0.00
0.00
0.00
0.00
Total Capitalization
169.60
354.82
1,255.83
2,729.05
3,452.03
Common Stock Equity
120.59
267.22
855.67
2,233.51
2,784.81
Net Tangible Assets
120.59
267.22
855.67
2,233.51
2,784.81
Working Capital
15.23
56.06
305.66
639.10
869.33
Invested Capital
170.15
355.76
1,260.11
2,747.68
3,558.72
Tangible Book Value
120.59
267.22
855.67
2,233.51
2,784.81
Total Debt
52.58
94.24
471.65
580.11
785.88
Net Debt
45.13
85.54
397.84
454.20
700.88
Share Issued
0.79
0.79
0.79
0.79
0.75
Ordinary Shares Number
0.75
0.75
0.75
0.75
0.75
CASH FLOW STATEMENTS
A companies statement of cash flows gives an investor a break down of the cash inflows and outflows from a companies operations and investment activities.
FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Cash Flow from Continuing Operating Activities
30.30
35.41
189.57
484.17
857.94
Net Income from Continuing Operations
20.93
32.32
23.52
370.16
422.87
Depreciation and Amortization
9.61
19.57
60.63
129.67
180.48
Deferred Tax
12.74
17.06
20.11
211.94
Deferred Income Tax
12.74
17.06
20.11
211.94
Stock-Based Compensation
Other Non-Cash Items
-4.70
-22.83
-125.91
-118.92
69.01
Change in Working Capital
-7.46
-8.31
-5.60
-118.78
-88.76
Change in Receivables
-9.71
-14.32
-53.50
-164.76
-88.49
Changes in Account Receivables
-5.59
-7.81
-38.88
-120.86
-95.29
Change in Inventory
-0.60
-0.66
-5.84
4.00
-8.08
Change in Payables and Accrued Expense
3.05
4.72
30.77
38.77
12.54
Change in Payable
3.05
4.72
30.77
38.77
12.54
Change in Account Payable
2.70
4.44
29.36
30.45
11.65
Change in Other Current Assets
Change in Other Current Liabilities
Change in Other Working Capital
-0.19
1.96
22.97
3.21
-4.73
Cash Flow from Continuing Investing Activities
-30.28
-40.22
-206.43
-384.90
-346.52
Net PPE Purchase and Sale
-9.65
-25.31
-135.08
-289.81
-308.71
Net Business Purchase and Sale
Purchase of Business
Net Investment Purchase and Sale
-20.82
-14.91
-71.35
-95.09
-37.81
Purchase of Investment
Sale of Investment
Net Other Investing Changes
Financing Cash Flow
-0.96
3.63
24.65
-31.35
-208.88
Cash Flow from Continuing Financing Activities
-0.96
3.63
24.65
-31.35
-208.88
Net Issuance Payments of Debt
6.08
24.65
-31.35
5.42
Net Long-Term Debt Issuance
6.08
24.65
-31.35
5.42
Long-Term Debt Issuance
6.16
35.74
585.36
72.48
Long-Term Debt Payments
-616.70
-67.06
Net Short-Term Debt Issuance
Net Common Stock Issuance
Common Stock Issuance
Common Stock Payments
Cash Dividends Paid
Net Other Financing Charges
-2.45
End Cash Position
11.02
22.06
35.40
166.99
197.41
Changes in Cash
-0.94
-1.18
7.80
67.92
44.94
Beginning Cash Position
11.85
24.21
32.44
117.02
160.93
Capital Expenditure
-9.65
-25.31
-135.08
-289.81
-308.71
Issuance of Capital Stock
Issuance of Debt
6.16
35.74
585.36
72.48
Repayment of Debt
-616.70
-67.06
Repurchase of Capital Stock
Free Cash Flow
20.65
10.11
54.49
194.36
291.63