Wednesday 12:25
Marius Pandele of Prime Transaction estimates the value of Transgaz shares at 51.87 lei, up 46.74% from the current price, due to improved financial results.
Cristina Petrache

Economy
Foto Inquam Photos / George Călin
The analysis by Marius Pandele values Transgaz shares at 51.87 lei, based on a comparison of market multiples with other companies in the sector. TGN shares rose 53.5% in 2024, thanks to record net profit and gas transportation revenues. Operating expenses grew more slowly than revenues, resulting in a significant increase in operating profit. Transgaz is state-controlled, with major pension shareholders.