US88031M1099 - ADR

**TS** gets a fundamental rating of **8** out of 10. The analysis compared the fundamentals against 66 industry peers in the **Energy Equipment & Services** industry. **TS** has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. A decent growth rate in combination with a cheap valuation! Better keep an eye on **TS**. These ratings could make **TS** a good candidate for value and quality investing.

In the past year **TS** was profitable.

Each year in the past 5 years **TS** had a positive operating cash flow.

With an excellent **Return On Invested Capital** value of **22.43%**, **TS** belongs to the best of the industry, outperforming **96.88%** of the companies in the same industry.

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | 19.03% | ||

ROE | 23.46% | ||

ROIC | 22.43% |

ROA(3y)N/A

ROA(5y)N/A

ROE(3y)N/A

ROE(5y)N/A

ROIC(3y)N/A

ROIC(5y)N/A

With an excellent **Profit Margin** value of **24.75%**, **TS** belongs to the best of the industry, outperforming **98.44%** of the companies in the same industry.

In the last couple of years the **Operating Margin** of **TS** has grown nicely.

With an excellent **Gross Margin** value of **43.25%**, **TS** belongs to the best of the industry, outperforming **87.50%** of the companies in the same industry.

In the last couple of years the **Gross Margin** of **TS** has grown nicely.

Industry Rank | Sector Rank | ||
---|---|---|---|

OM | 30.53% | ||

PM | 24.75% | ||

GM | 43.25% |

OM growth 3Y31.84%

OM growth 5Y32.81%

PM growth 3Y28.7%

PM growth 5Y16.08%

GM growth 3Y10%

GM growth 5Y5.64%

With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), **TS** is creating value.

The debt/assets ratio for **TS** is higher compared to a year ago.

An Altman-Z score of **6.09** indicates that **TS** is not in any danger for bankruptcy at the moment.

The Debt to FCF ratio of **TS** is **0.32**, which is an excellent value as it means it would take **TS**, only **0.32** years of fcf income to pay off all of its debts.

With an excellent **Debt to FCF ratio** value of **0.32**, **TS** belongs to the best of the industry, outperforming **96.88%** of the companies in the same industry.

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 0.01 | ||

Debt/FCF | 0.32 | ||

Altman-Z | 6.09 |

ROIC/WACC3.67

WACC8.01%

A Current Ratio of **3.71** indicates that **TS** has no problem at all paying its short term obligations.

The **Current ratio** of **TS** (**3.71**) is better than **90.63%** of its industry peers.

Looking at the **Quick ratio**, with a value of **2.21**, **TS** belongs to the top of the industry, outperforming **84.38%** of the companies in the same industry.

Industry Rank | Sector Rank | ||
---|---|---|---|

Current Ratio | 3.71 | ||

Quick Ratio | 2.21 |

The **Revenue** has been growing by **17.34%** on average over the past years. This is quite good.

EPS 1Y159.62%

EPS 3Y50.79%

EPS 5Y41.56%

EPS growth Q2Q75.93%

Revenue growth 1Y64.96%

Revenue growth 3Y17.27%

Revenue growth 5Y17.34%

Revenue growth Q2Q45.51%

The **Earnings Per Share** is expected to decrease by **-8.32%** on average over the next years.

The **Revenue** is expected to grow by **1.15%** on average over the next years.

EPS Next Y47.09%

EPS Next 2Y6.11%

EPS Next 3Y-0.21%

EPS Next 5Y-8.32%

Revenue Next Year26.59%

Revenue Next 2Y6.98%

Revenue Next 3Y3.67%

Revenue Next 5Y1.15%

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.

A **Price/Earnings** ratio of **3.83** indicates a rather cheap valuation of **TS**.

Compared to the rest of the industry, the **Price/Earnings** ratio of **TS** indicates a rather cheap valuation: **TS** is cheaper than 98.44% of the companies listed in the same industry.

Based on the **Price/Forward Earnings** ratio of **6.37**, the valuation of **TS** can be described as very cheap.

Compared to an average S&P500 **Price/Forward Earnings** ratio of **18.97**, **TS** is valued rather cheaply.

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 3.83 | ||

Fwd PE | 6.37 |

Based on the **Price/Free Cash Flow** ratio, **TS** is valued cheaply inside the industry as 90.63% of the companies are valued more expensively.

Industry Rank | Sector Rank | ||
---|---|---|---|

P/FCF | 7.29 | ||

EV/EBITDA | 2.8 |

PEG (NY)0.08

PEG (5Y)0.09

EPS Next 2Y6.11%

EPS Next 3Y-0.21%

With a **Yearly Dividend Yield** of **3.26%**, **TS** has a reasonable but not impressive dividend return.

Compared to an average S&P500 **Dividend Yield** of **2.64**, **TS** pays a bit more dividend than the S&P500 average.

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 3.26% |

The dividend of **TS** has a limited annual growth rate of **1.88%**.

The dividend of **TS** decreased recently.

Dividend Growth(5Y)1.88%

Div Incr Years1

Div Non Decr Years1

DP16.42%

EPS Next 2Y6.11%

EPS Next 3Y-0.21%

**TENARIS SA-ADR**

NYSE:TS (9/22/2023, 7:04:00 PM)

After market: 30.99 0 (0%)**30.99**

**-0.13 (-0.42%) **

Chartmill FA Rating

GICS SectorEnergy

GICS IndustryGroupEnergy

GICS IndustryEnergy Equipment & Services

Earnings (Last)08-02 2023-08-02/amc

Earnings (Next)11-01 2023-11-01/amc

Inst Owners14.02%

Inst Owner Change2.93%

Ins OwnersN/A

Ins Owner ChangeN/A

Market Cap18.29B

Analysts78.75

Price Target54.38 (75.48%)

Dividend

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 3.26% |

Dividend Growth(5Y)1.88%

DP16.42%

Div Incr Years1

Div Non Decr Years1

Ex-Date05-22 2023-05-22 (0.34)

Surprises & Revisions

EPS beat(2)2

Avg EPS beat(2)87.95%

Min EPS beat(2)16.84%

Max EPS beat(2)159.05%

EPS beat(4)2

Avg EPS beat(4)42.19%

Min EPS beat(4)-4.73%

Max EPS beat(4)159.05%

Revenue beat(2)1

Avg Revenue beat(2)104924%

Min Revenue beat(2)104924%

Max Revenue beat(2)104924%

Revenue beat(4)3

Avg Revenue beat(4)102577%

Min Revenue beat(4)101015%

Max Revenue beat(4)104924%

PT rev (1m)10.82%

PT rev (3m)15.61%

EPS NQ rev (1m)0%

EPS NQ rev (3m)-10.77%

EPS NY rev (1m)0.87%

EPS NY rev (3m)14.36%

Revenue NQ rev (1m)-99.9%

Revenue NQ rev (3m)-99.91%

Revenue NY rev (1m)0.16%

Revenue NY rev (3m)1.69%

Valuation

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 3.83 | ||

Fwd PE | 6.37 | ||

P/S | 1.24 | ||

P/FCF | 7.29 | ||

P/OCF | 6.04 | ||

P/B | 1.17 | ||

P/tB | 1.28 | ||

EV/EBITDA | 2.8 |

EPS(TTM)8.1

EY26.14%

EPS(NY)4.86

Fwd EY15.7%

FCF(TTM)4.25

FCFY13.72%

OCF(TTM)5.13

OCFY16.56%

SpS25.09

BVpS26.47

TBVpS24.21

PEG (NY)0.08

PEG (5Y)0.09

Profitability

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | 19.03% | ||

ROE | 23.46% | ||

ROCE | 27.14% | ||

ROIC | 22.43% | ||

ROICexc | 26.58% | ||

ROICexgc | 29.37% | ||

OM | 30.53% | ||

PM | 24.75% | ||

GM | 43.25% | ||

FCFM | 16.95% |

ROA(3y)N/A

ROA(5y)N/A

ROE(3y)N/A

ROE(5y)N/A

ROIC(3y)N/A

ROIC(5y)N/A

ROICexc(3y)N/A

ROICexc(5y)N/A

ROICexgc(3y)N/A

ROICexgc(5y)N/A

ROCE(3y)N/A

ROCE(5y)N/A

ROICexcg growth 3Y44.6%

ROICexcg growth 5Y47.84%

ROICexc growth 3Y46.67%

ROICexc growth 5Y49.64%

OM growth 3Y31.84%

OM growth 5Y32.81%

PM growth 3Y28.7%

PM growth 5Y16.08%

GM growth 3Y10%

GM growth 5Y5.64%

F-Score6

Asset Turnover0.77

Health

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 0.01 | ||

Debt/FCF | 0.32 | ||

Debt/EBITDA | 0.03 | ||

Cap/Depr | 89.74% | ||

Cap/Sales | 3.5% | ||

Profit Quality | 68.48% | ||

Current Ratio | 3.71 | ||

Quick Ratio | 2.21 | ||

Altman-Z | 6.09 |

F-Score6

WACC8.01%

ROIC/WACC3.67

Cap/Depr(3y)45.05%

Cap/Depr(5y)50.53%

Cap/Sales(3y)3.64%

Cap/Sales(5y)4.05%

Profit Quality(3y)N/A

Profit Quality(5y)N/A

Growth

EPS 1Y159.62%

EPS 3Y50.79%

EPS 5Y41.56%

EPS growth Q2Q75.93%

EPS Next Y47.09%

EPS Next 2Y6.11%

EPS Next 3Y-0.21%

EPS Next 5Y-8.32%

Revenue growth 1Y64.96%

Revenue growth 3Y17.27%

Revenue growth 5Y17.34%

Revenue growth Q2Q45.51%

Revenue Next Year26.59%

Revenue Next 2Y6.98%

Revenue Next 3Y3.67%

Revenue Next 5Y1.15%

EBIT growth 1Y164.72%

EBIT growth 3Y54.6%

EBIT growth 5Y55.83%

EBIT Next Year65.3%

EBIT Next 3Y4.48%

EBIT Next 5Y-3.42%

FCF growth 1Y537.39%

FCF growth 3Y-13.21%

FCF growth 5YN/A

OCF growth 1Y424.99%

OCF growth 3Y-8.59%

OCF growth 5YN/A