TENARIS SA-ADR (TS) Stock Fundamental Analysis
NYSE:TS • US88031M1099
54.4 USD
-0.01 (-0.02%)
At close: Feb 27, 2026
54.59 USD
+0.19 (+0.35%)
Pre-Market: 3/2/2026, 5:45:47 AM
We assign a fundamental rating of 6 out of 10 to TS. TS was compared to 60 industry peers in the Energy Equipment & Services industry. TS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TS has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- TS had positive earnings in the past year.
- TS had a positive operating cash flow in the past year.
- In the past 5 years TS has always been profitable.
- In the past 5 years TS always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 9.77%, TS belongs to the top of the industry, outperforming 95.00% of the companies in the same industry.
- The Return On Equity of TS (11.74%) is better than 78.33% of its industry peers.
- The Return On Invested Capital of TS (9.89%) is better than 78.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.77% | ||
| ROE | 11.74% | ||
| ROIC | 9.89% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Profit Margin of TS (16.91%) is better than 93.33% of its industry peers.
- In the last couple of years the Profit Margin of TS has declined.
- The Operating Margin of TS (18.86%) is better than 81.67% of its industry peers.
- TS's Operating Margin has declined in the last couple of years.
- The Gross Margin of TS (34.05%) is better than 75.00% of its industry peers.
- TS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.86% | ||
| PM (TTM) | 16.91% | ||
| GM | 34.05% |
OM growth 3Y-10.01%
OM growth 5YN/A
PM growth 3Y-9.42%
PM growth 5YN/A
GM growth 3Y-4.83%
GM growth 5Y10.81%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TS is still creating some value.
- TS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- An Altman-Z score of 7.36 indicates that TS is not in any danger for bankruptcy at the moment.
- With an excellent Altman-Z score value of 7.36, TS belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- The Debt to FCF ratio of TS is 0.29, which is an excellent value as it means it would take TS, only 0.29 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of TS (0.29) is better than 91.67% of its industry peers.
- TS has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
- TS's Debt to Equity ratio of 0.01 is amongst the best of the industry. TS outperforms 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.29 | ||
| Altman-Z | 7.36 |
ROIC/WACC1.29
WACC7.65%
2.3 Liquidity
- TS has a Current Ratio of 4.08. This indicates that TS is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 4.08, TS belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
- A Quick Ratio of 2.55 indicates that TS has no problem at all paying its short term obligations.
- TS has a Quick ratio of 2.55. This is amongst the best in the industry. TS outperforms 88.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.08 | ||
| Quick Ratio | 2.55 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 2.79% over the past year.
- Measured over the past years, TS shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.20% on average per year.
- Looking at the last year, TS shows a decrease in Revenue. The Revenue has decreased by -4.33% in the last year.
- TS 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
- TS is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.37% yearly.
- Based on estimates for the next years, TS will show a small growth in Revenue. The Revenue will grow by 2.71% on average per year.
EPS Next Y1.61%
EPS Next 2Y3.97%
EPS Next 3Y1.82%
EPS Next 5Y-1.37%
Revenue Next Year0.38%
Revenue Next 2Y1.61%
Revenue Next 3Y1.37%
Revenue Next 5Y2.71%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- TS is valuated correctly with a Price/Earnings ratio of 14.78.
- 90.00% of the companies in the same industry are more expensive than TS, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 27.07. TS is valued slightly cheaper when compared to this.
- TS is valuated correctly with a Price/Forward Earnings ratio of 14.55.
- Based on the Price/Forward Earnings ratio, TS is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 28.05. TS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.78 | ||
| Fwd PE | 14.55 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TS is valued a bit cheaper than 65.00% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of TS indicates a somewhat cheap valuation: TS is cheaper than 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.83 | ||
| EV/EBITDA | 7.89 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of TS may justify a higher PE ratio.
PEG (NY)9.18
PEG (5Y)N/A
EPS Next 2Y3.97%
EPS Next 3Y1.82%
5. Dividend
5.1 Amount
- TS has a Yearly Dividend Yield of 3.26%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.03, TS pays a better dividend. On top of this TS pays more dividend than 91.67% of the companies listed in the same industry.
- TS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.26% |
5.2 History
- On average, the dividend of TS grows each year by 10.42%, which is quite nice.
- TS has paid a dividend for at least 10 years, which is a reliable track record.
- TS has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)10.42%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- TS pays out 44.97% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP44.97%
EPS Next 2Y3.97%
EPS Next 3Y1.82%
54.4
-0.01 (-0.02%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)02-18 2026-02-18/bmo
Earnings (Next)05-06 2026-05-06
Inst Owners13.4%
Inst Owner Change-8.52%
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap27.46B
Revenue(TTM)11.98B
Net Income(TTM)2.00B
Analysts76
Price Target51.67 (-5.02%)
Short Float %4.03%
Short Ratio4.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.26% |
Yearly Dividend0.67
Dividend Growth(5Y)10.42%
DP44.97%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-7.37%
Min EPS beat(2)-11.07%
Max EPS beat(2)-3.68%
EPS beat(4)1
Avg EPS beat(4)2.73%
Min EPS beat(4)-19.77%
Max EPS beat(4)45.42%
EPS beat(8)4
Avg EPS beat(8)10.86%
EPS beat(12)6
Avg EPS beat(12)7.64%
EPS beat(16)9
Avg EPS beat(16)9.55%
Revenue beat(2)2
Avg Revenue beat(2)2.76%
Min Revenue beat(2)2.14%
Max Revenue beat(2)3.37%
Revenue beat(4)3
Avg Revenue beat(4)2.06%
Min Revenue beat(4)-1.14%
Max Revenue beat(4)3.88%
Revenue beat(8)6
Avg Revenue beat(8)2.83%
Revenue beat(12)10
Avg Revenue beat(12)2.95%
Revenue beat(16)14
Avg Revenue beat(16)2.58%
PT rev (1m)17.08%
PT rev (3m)19.35%
EPS NQ rev (1m)-3.91%
EPS NQ rev (3m)-6.14%
EPS NY rev (1m)-3.67%
EPS NY rev (3m)-0.08%
Revenue NQ rev (1m)0.13%
Revenue NQ rev (3m)-0.6%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)-0.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.78 | ||
| Fwd PE | 14.55 | ||
| P/S | 2.32 | ||
| P/FCF | 16.83 | ||
| P/OCF | 11.92 | ||
| P/B | 1.61 | ||
| P/tB | 1.75 | ||
| EV/EBITDA | 7.89 |
EPS(TTM)3.68
EY6.76%
EPS(NY)3.74
Fwd EY6.87%
FCF(TTM)3.23
FCFY5.94%
OCF(TTM)4.57
OCFY8.39%
SpS23.44
BVpS33.76
TBVpS31.07
PEG (NY)9.18
PEG (5Y)N/A
Graham Number52.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.77% | ||
| ROE | 11.74% | ||
| ROCE | 12.28% | ||
| ROIC | 9.89% | ||
| ROICexc | 11.83% | ||
| ROICexgc | 12.99% | ||
| OM | 18.86% | ||
| PM (TTM) | 16.91% | ||
| GM | 34.05% | ||
| FCFM | 13.8% |
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-10.01%
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 Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.29 | ||
| Debt/EBITDA | 0.03 | ||
| Cap/Depr | 108.27% | ||
| Cap/Sales | 5.68% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.79% | ||
| Profit Quality | 81.61% | ||
| Current Ratio | 4.08 | ||
| Quick Ratio | 2.55 | ||
| Altman-Z | 7.36 |
F-Score6
WACC7.65%
ROIC/WACC1.29
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 Y1.61%
EPS Next 2Y3.97%
EPS Next 3Y1.82%
EPS Next 5Y-1.37%
Revenue 1Y (TTM)-4.33%
Revenue growth 3Y0.62%
Revenue growth 5Y18.41%
Sales Q2Q%5.27%
Revenue Next Year0.38%
Revenue Next 2Y1.61%
Revenue Next 3Y1.37%
Revenue Next 5Y2.71%
EBIT growth 1Y-17.16%
EBIT growth 3Y-9.46%
EBIT growth 5YN/A
EBIT Next Year25.51%
EBIT Next 3Y10.04%
EBIT Next 5Y3.31%
FCF growth 1Y-35.11%
FCF growth 3Y37.06%
FCF growth 5Y8.37%
OCF growth 1Y-28.2%
OCF growth 3Y30.59%
OCF growth 5Y11.32%
TENARIS SA-ADR / TS FAQ
Can you provide the ChartMill fundamental rating for TENARIS SA-ADR?
ChartMill assigns a fundamental rating of 6 / 10 to TS.
What is the valuation status for TS stock?
ChartMill assigns a valuation rating of 5 / 10 to TENARIS SA-ADR (TS). This can be considered as Fairly Valued.
Can you provide the profitability details for TENARIS SA-ADR?
TENARIS SA-ADR (TS) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for TS stock?
The Price/Earnings (PE) ratio for TENARIS SA-ADR (TS) is 14.78 and the Price/Book (PB) ratio is 1.61.
How sustainable is the dividend of TENARIS SA-ADR (TS) stock?
The dividend rating of TENARIS SA-ADR (TS) is 6 / 10 and the dividend payout ratio is 44.97%.