TENARIS SA (TEN.MI) Fundamental Analysis & Valuation

BIT:TEN • LU2598331598

Current stock price

24.94 EUR
+0.07 (+0.28%)
Last:

This TEN.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. TEN.MI Profitability Analysis

1.1 Basic Checks

  • TEN had positive earnings in the past year.
  • In the past year TEN had a positive cash flow from operations.
  • In the past 5 years TEN has always been profitable.
  • In the past 5 years TEN always reported a positive cash flow from operatings.
TEN.MI Yearly Net Income VS EBIT VS OCF VS FCFTEN.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B 4B

1.2 Ratios

  • TEN has a better Return On Assets (9.63%) than 80.56% of its industry peers.
  • The Return On Equity of TEN (11.64%) is comparable to the rest of the industry.
  • With a decent Return On Invested Capital value of 10.43%, TEN is doing good in the industry, outperforming 69.44% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for TEN is above the industry average of 10.23%.
Industry RankSector Rank
ROA 9.63%
ROE 11.64%
ROIC 10.43%
ROA(3y)12.72%
ROA(5y)12.07%
ROE(3y)15.73%
ROE(5y)14.95%
ROIC(3y)13.59%
ROIC(5y)12.49%
TEN.MI Yearly ROA, ROE, ROICTEN.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10 15 20

1.3 Margins

  • TEN's Profit Margin of 16.13% is fine compared to the rest of the industry. TEN outperforms 75.00% of its industry peers.
  • TEN's Profit Margin has declined in the last couple of years.
  • TEN has a Operating Margin of 19.18%. This is in the better half of the industry: TEN outperforms 69.44% of its industry peers.
  • In the last couple of years the Operating Margin of TEN has declined.
  • Looking at the Gross Margin, with a value of 34.39%, TEN is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
  • TEN's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 19.18%
PM (TTM) 16.13%
GM 34.39%
OM growth 3Y-9.82%
OM growth 5YN/A
PM growth 3Y-9.42%
PM growth 5YN/A
GM growth 3Y-4.83%
GM growth 5Y10.81%
TEN.MI Yearly Profit, Operating, Gross MarginsTEN.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 30 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

10

2. TEN.MI Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TEN is creating value.
  • TEN has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, TEN has less shares outstanding
  • The debt/assets ratio for TEN has been reduced compared to a year ago.
TEN.MI Yearly Shares OutstandingTEN.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
TEN.MI Yearly Total Debt VS Total AssetsTEN.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

2.2 Solvency

  • TEN has an Altman-Z score of 8.03. This indicates that TEN is financially healthy and has little risk of bankruptcy at the moment.
  • TEN has a better Altman-Z score (8.03) than 94.44% of its industry peers.
  • TEN has a debt to FCF ratio of 0.23. This is a very positive value and a sign of high solvency as it would only need 0.23 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 0.23, TEN belongs to the best of the industry, outperforming 94.44% of the companies in the same industry.
  • A Debt/Equity ratio of 0.01 indicates that TEN is not too dependend on debt financing.
  • TEN has a better Debt to Equity ratio (0.01) than 86.11% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.23
Altman-Z 8.03
ROIC/WACC1.39
WACC7.5%
TEN.MI Yearly LT Debt VS Equity VS FCFTEN.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B

2.3 Liquidity

  • TEN has a Current Ratio of 3.87. This indicates that TEN is financially healthy and has no problem in meeting its short term obligations.
  • TEN has a Current ratio of 3.87. This is amongst the best in the industry. TEN outperforms 86.11% of its industry peers.
  • TEN has a Quick Ratio of 2.33. This indicates that TEN is financially healthy and has no problem in meeting its short term obligations.
  • TEN has a Quick ratio of 2.33. This is amongst the best in the industry. TEN outperforms 80.56% of its industry peers.
Industry RankSector Rank
Current Ratio 3.87
Quick Ratio 2.33
TEN.MI Yearly Current Assets VS Current LiabilitesTEN.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. TEN.MI Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 2.79% over the past year.
  • TEN shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.20% yearly.
  • The Revenue has decreased by -4.33% in the past year.
  • TEN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.41% yearly.
EPS 1Y (TTM)2.79%
EPS 3Y-5.2%
EPS 5YN/A
EPS Q2Q%-6.38%
Revenue 1Y (TTM)-4.33%
Revenue growth 3Y0.62%
Revenue growth 5Y18.41%
Sales Q2Q%5.27%

3.2 Future

  • The Earnings Per Share is expected to grow by 2.29% on average over the next years.
  • TEN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.81% yearly.
EPS Next Y1.81%
EPS Next 2Y4.43%
EPS Next 3Y5.04%
EPS Next 5Y2.29%
Revenue Next Year0.94%
Revenue Next 2Y2.3%
Revenue Next 3Y2.26%
Revenue Next 5Y1.81%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
TEN.MI Yearly Revenue VS EstimatesTEN.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B
TEN.MI Yearly EPS VS EstimatesTEN.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2 3

More info and screens

Find the best growth stocksShow best growing peers

4

4. TEN.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 15.99, which indicates a correct valuation of TEN.
  • TEN's Price/Earnings ratio is a bit cheaper when compared to the industry. TEN is cheaper than 63.89% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.53. TEN is valued slightly cheaper when compared to this.
  • The Price/Forward Earnings ratio is 15.68, which indicates a correct valuation of TEN.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of TEN is on the same level as its industry peers.
  • TEN is valuated cheaply when we compare the Price/Forward Earnings ratio to 37.95, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 15.99
Fwd PE 15.68
TEN.MI Price Earnings VS Forward Price EarningsTEN.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as TEN.
  • TEN's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 15.89
EV/EBITDA 9.15
TEN.MI Per share dataTEN.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • TEN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)8.82
PEG (5Y)N/A
EPS Next 2Y4.43%
EPS Next 3Y5.04%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. TEN.MI Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 2.96%, TEN has a reasonable but not impressive dividend return.
  • TEN's Dividend Yield is a higher than the industry average which is at 2.78.
  • TEN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 2.96%

5.2 History

  • The dividend of TEN is nicely growing with an annual growth rate of 65.12%!
Dividend Growth(5Y)65.12%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 46.58% of the earnings are spent on dividend by TEN. This is a bit on the high side, but may be sustainable.
  • TEN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP46.58%
EPS Next 2Y4.43%
EPS Next 3Y5.04%
TEN.MI Yearly Income VS Free CF VS DividendTEN.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B
TEN.MI Dividend Payout.TEN.MI Dividend Payout, showing the Payout Ratio.TEN.MI Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

TEN.MI Fundamentals: All Metrics, Ratios and Statistics

TENARIS SA

BIT:TEN (4/16/2026, 5:36:15 PM)

24.94

+0.07 (+0.28%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)02-18
Earnings (Next)05-06
Inst Owners13.04%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap26.74B
Revenue(TTM)11.98B
Net Income(TTM)1.93B
Analysts72
Price Target23.69 (-5.01%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.96%
Yearly Dividend0.73
Dividend Growth(5Y)65.12%
DP46.58%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.08%
Min EPS beat(2)-3.68%
Max EPS beat(2)7.83%
EPS beat(4)1
Avg EPS beat(4)-6.67%
Min EPS beat(4)-19.77%
Max EPS beat(4)7.83%
EPS beat(8)4
Avg EPS beat(8)2.34%
EPS beat(12)7
Avg EPS beat(12)8.5%
EPS beat(16)9
Avg EPS beat(16)8.91%
Revenue beat(2)2
Avg Revenue beat(2)1.81%
Min Revenue beat(2)0.24%
Max Revenue beat(2)3.37%
Revenue beat(4)3
Avg Revenue beat(4)1.15%
Min Revenue beat(4)-1.14%
Max Revenue beat(4)3.37%
Revenue beat(8)6
Avg Revenue beat(8)1.82%
Revenue beat(12)10
Avg Revenue beat(12)2.81%
Revenue beat(16)14
Avg Revenue beat(16)2.46%
PT rev (1m)8.66%
PT rev (3m)24.75%
EPS NQ rev (1m)2.02%
EPS NQ rev (3m)10.12%
EPS NY rev (1m)3.36%
EPS NY rev (3m)0.2%
Revenue NQ rev (1m)0.4%
Revenue NQ rev (3m)2.38%
Revenue NY rev (1m)0.44%
Revenue NY rev (3m)0.65%
Valuation
Industry RankSector Rank
PE 15.99
Fwd PE 15.68
P/S 2.63
P/FCF 15.89
P/OCF 12.12
P/B 1.9
P/tB 2.07
EV/EBITDA 9.15
EPS(TTM)1.56
EY6.26%
EPS(NY)1.59
Fwd EY6.38%
FCF(TTM)1.57
FCFY6.29%
OCF(TTM)2.06
OCFY8.25%
SpS9.49
BVpS13.14
TBVpS12.07
PEG (NY)8.82
PEG (5Y)N/A
Graham Number21.4797 (-13.87%)
Profitability
Industry RankSector Rank
ROA 9.63%
ROE 11.64%
ROCE 12.96%
ROIC 10.43%
ROICexc 12.46%
ROICexgc 13.71%
OM 19.18%
PM (TTM) 16.13%
GM 34.39%
FCFM 16.55%
ROA(3y)12.72%
ROA(5y)12.07%
ROE(3y)15.73%
ROE(5y)14.95%
ROIC(3y)13.59%
ROIC(5y)12.49%
ROICexc(3y)16.6%
ROICexc(5y)14.74%
ROICexgc(3y)18.3%
ROICexgc(5y)16.32%
ROCE(3y)16.89%
ROCE(5y)15.52%
ROICexgc growth 3Y-12.98%
ROICexgc growth 5YN/A
ROICexc growth 3Y-12.68%
ROICexc growth 5YN/A
OM growth 3Y-9.82%
OM growth 5YN/A
PM growth 3Y-9.42%
PM growth 5YN/A
GM growth 3Y-4.83%
GM growth 5Y10.81%
F-Score6
Asset Turnover0.6
Health
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.23
Debt/EBITDA 0.03
Cap/Depr 100.16%
Cap/Sales 5.15%
Interest Coverage 92.8
Cash Conversion 89.22%
Profit Quality 102.57%
Current Ratio 3.87
Quick Ratio 2.33
Altman-Z 8.03
F-Score6
WACC7.5%
ROIC/WACC1.39
Cap/Depr(3y)108.13%
Cap/Depr(5y)86.18%
Cap/Sales(3y)4.98%
Cap/Sales(5y)4.41%
Profit Quality(3y)101.7%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.79%
EPS 3Y-5.2%
EPS 5YN/A
EPS Q2Q%-6.38%
EPS Next Y1.81%
EPS Next 2Y4.43%
EPS Next 3Y5.04%
EPS Next 5Y2.29%
Revenue 1Y (TTM)-4.33%
Revenue growth 3Y0.62%
Revenue growth 5Y18.41%
Sales Q2Q%5.27%
Revenue Next Year0.94%
Revenue Next 2Y2.3%
Revenue Next 3Y2.26%
Revenue Next 5Y1.81%
EBIT growth 1Y-2.95%
EBIT growth 3Y-9.27%
EBIT growth 5YN/A
EBIT Next Year27.78%
EBIT Next 3Y11.15%
EBIT Next 5Y6.63%
FCF growth 1Y-8.3%
FCF growth 3Y37.06%
FCF growth 5Y8.37%
OCF growth 1Y-9.3%
OCF growth 3Y30.59%
OCF growth 5Y11.32%

TENARIS SA / TEN.MI Fundamental Analysis FAQ

What is the ChartMill fundamental rating of TENARIS SA (TEN.MI) stock?

ChartMill assigns a fundamental rating of 6 / 10 to TEN.MI.


What is the valuation status of TENARIS SA (TEN.MI) stock?

ChartMill assigns a valuation rating of 4 / 10 to TENARIS SA (TEN.MI). This can be considered as Fairly Valued.


Can you provide the profitability details for TENARIS SA?

TENARIS SA (TEN.MI) has a profitability rating of 6 / 10.


What is the financial health of TENARIS SA (TEN.MI) stock?

The financial health rating of TENARIS SA (TEN.MI) is 10 / 10.


What is the earnings growth outlook for TENARIS SA?

The Earnings per Share (EPS) of TENARIS SA (TEN.MI) is expected to grow by 1.81% in the next year.