TENARIS SA (TW10.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:TW10 - LU2598331598 - Common Stock
17.94 EUR
-0.16 (-0.91%)
Taking everything into account, TW10 scores 7 out of 10 in our fundamental rating. TW10 was compared to 39 industry peers in the Energy Equipment & Services industry. TW10 has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. TW10 has a valuation in line with the averages, but on the other hand it scores bad on growth. TW10 also has an excellent dividend rating. With these ratings, TW10 could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
- In the past year TW10 was profitable.
- TW10 had a positive operating cash flow in the past year.
- TW10 had positive earnings in 4 of the past 5 years.
- TW10 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- TW10's Return On Assets of 9.77% is fine compared to the rest of the industry. TW10 outperforms 79.49% of its industry peers.
- Looking at the Return On Equity, with a value of 11.74%, TW10 is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
- TW10 has a better Return On Invested Capital (10.23%) than 69.23% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for TW10 is significantly above the industry average of 10.38%.
- The 3 year average ROIC (16.25%) for TW10 is well above the current ROIC(10.23%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.77% | ||
| ROE | 11.74% | ||
| ROIC | 10.23% |
ROA(3y)14.36%
ROA(5y)9.22%
ROE(3y)17.97%
ROE(5y)11.49%
ROIC(3y)16.25%
ROIC(5y)N/A
1.3 Margins
- TW10's Profit Margin of 16.91% is amongst the best of the industry. TW10 outperforms 82.05% of its industry peers.
- In the last couple of years the Profit Margin of TW10 has grown nicely.
- With a decent Operating Margin value of 18.86%, TW10 is doing good in the industry, outperforming 71.79% of the companies in the same industry.
- TW10's Operating Margin has improved in the last couple of years.
- With a decent Gross Margin value of 34.05%, TW10 is doing good in the industry, outperforming 71.79% of the companies in the same industry.
- In the last couple of years the Gross Margin of TW10 has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.86% | ||
| PM (TTM) | 16.91% | ||
| GM | 34.05% |
OM growth 3Y18.67%
OM growth 5Y12.05%
PM growth 3Y-1.22%
PM growth 5Y9.81%
GM growth 3Y5.93%
GM growth 5Y3.17%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TW10 is creating value.
- Compared to 1 year ago, TW10 has less shares outstanding
- Compared to 5 years ago, TW10 has less shares outstanding
- TW10 has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 4.46 indicates that TW10 is not in any danger for bankruptcy at the moment.
- TW10's Altman-Z score of 4.46 is amongst the best of the industry. TW10 outperforms 94.87% of its industry peers.
- TW10 has a debt to FCF ratio of 0.29. This is a very positive value and a sign of high solvency as it would only need 0.29 years to pay back of all of its debts.
- TW10 has a Debt to FCF ratio of 0.29. This is amongst the best in the industry. TW10 outperforms 92.31% of its industry peers.
- TW10 has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of TW10 (0.01) is better than 89.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.29 | ||
| Altman-Z | 4.46 |
ROIC/WACC1.35
WACC7.6%
2.3 Liquidity
- TW10 has a Current Ratio of 4.08. This indicates that TW10 is financially healthy and has no problem in meeting its short term obligations.
- TW10 has a Current ratio of 4.08. This is amongst the best in the industry. TW10 outperforms 87.18% of its industry peers.
- A Quick Ratio of 2.55 indicates that TW10 has no problem at all paying its short term obligations.
- Looking at the Quick ratio, with a value of 2.55, TW10 belongs to the top of the industry, outperforming 82.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.08 | ||
| Quick Ratio | 2.55 |
3. Growth
3.1 Past
- The earnings per share for TW10 have decreased strongly by -17.98% in the last year.
- The Earnings Per Share has been growing by 23.23% on average over the past years. This is a very strong growth
- TW10 shows a decrease in Revenue. In the last year, the revenue decreased by -9.64%.
- The Revenue has been growing by 11.42% on average over the past years. This is quite good.
EPS 1Y (TTM)-17.98%
EPS 3Y24.77%
EPS 5Y23.23%
EPS Q2Q%10.26%
Revenue 1Y (TTM)-9.64%
Revenue growth 3Y24.3%
Revenue growth 5Y11.42%
Sales Q2Q%2.15%
3.2 Future
- Based on estimates for the next years, TW10 will show a decrease in Earnings Per Share. The EPS will decrease by -0.48% on average per year.
- The Revenue is expected to grow by 1.51% on average over the next years.
EPS Next Y7.74%
EPS Next 2Y2.2%
EPS Next 3Y3.58%
EPS Next 5Y-0.48%
Revenue Next Year-4.18%
Revenue Next 2Y-2.02%
Revenue Next 3Y-0.36%
Revenue Next 5Y1.51%
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 decreasing.
- 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
- The Price/Earnings ratio is 11.14, which indicates a very decent valuation of TW10.
- Based on the Price/Earnings ratio, TW10 is valued a bit cheaper than the industry average as 69.23% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 27.47, TW10 is valued rather cheaply.
- A Price/Forward Earnings ratio of 11.15 indicates a reasonable valuation of TW10.
- TW10's Price/Forward Earnings ratio is in line with the industry average.
- TW10 is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.14 | ||
| Fwd PE | 11.15 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TW10 is valued cheaper than 89.74% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, TW10 is valued a bit cheaper than the industry average as 71.79% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.64 | ||
| EV/EBITDA | 2.1 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- TW10 has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.44
PEG (5Y)0.48
EPS Next 2Y2.2%
EPS Next 3Y3.58%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.17%, TW10 is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.81, TW10 pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.89, TW10 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.17% |
5.2 History
- The dividend of TW10 is nicely growing with an annual growth rate of 10.42%!
Dividend Growth(5Y)10.42%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
- 44.97% of the earnings are spent on dividend by TW10. This is a bit on the high side, but may be sustainable.
DP44.97%
EPS Next 2Y2.2%
EPS Next 3Y3.58%
FRA:TW10 (1/16/2026, 7:00:00 PM)
17.94
-0.16 (-0.91%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)10-29 2025-10-29/amc
Earnings (Next)02-17 2026-02-17/amc
Inst Owners13.4%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap9.32B
Revenue(TTM)11.83B
Net Income(TTM)2.00B
Analysts75.79
Price Target18.2 (1.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.17% |
Yearly Dividend0.58
Dividend Growth(5Y)10.42%
DP44.97%
Div Incr YearsN/A
Div Non Decr YearsN/A
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)-2.94%
PT rev (3m)N/A
EPS NQ rev (1m)2.1%
EPS NQ rev (3m)N/A
EPS NY rev (1m)7.08%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)-0.37%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.14 | ||
| Fwd PE | 11.15 | ||
| P/S | 0.92 | ||
| P/FCF | 6.64 | ||
| P/OCF | 4.7 | ||
| P/B | 0.64 | ||
| P/tB | 0.69 | ||
| EV/EBITDA | 2.1 |
EPS(TTM)1.61
EY8.97%
EPS(NY)1.61
Fwd EY8.97%
FCF(TTM)2.7
FCFY15.07%
OCF(TTM)3.82
OCFY21.27%
SpS19.59
BVpS28.22
TBVpS25.97
PEG (NY)1.44
PEG (5Y)0.48
Graham Number31.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.77% | ||
| ROE | 11.74% | ||
| ROCE | 12.28% | ||
| ROIC | 10.23% | ||
| ROICexc | 12.25% | ||
| ROICexgc | 13.45% | ||
| OM | 18.86% | ||
| PM (TTM) | 16.91% | ||
| GM | 34.05% | ||
| FCFM | 13.8% |
ROA(3y)14.36%
ROA(5y)9.22%
ROE(3y)17.97%
ROE(5y)11.49%
ROIC(3y)16.25%
ROIC(5y)N/A
ROICexc(3y)19.35%
ROICexc(5y)N/A
ROICexgc(3y)21.4%
ROICexgc(5y)N/A
ROCE(3y)19.51%
ROCE(5y)N/A
ROICexgc growth 3Y37.2%
ROICexgc growth 5Y17.07%
ROICexc growth 3Y38.27%
ROICexc growth 5Y18.31%
OM growth 3Y18.67%
OM growth 5Y12.05%
PM growth 3Y-1.22%
PM growth 5Y9.81%
GM growth 3Y5.93%
GM growth 5Y3.17%
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 | 4.46 |
F-Score6
WACC7.6%
ROIC/WACC1.35
Cap/Depr(3y)96.54%
Cap/Depr(5y)71.87%
Cap/Sales(3y)4.39%
Cap/Sales(5y)4.14%
Profit Quality(3y)77.56%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-17.98%
EPS 3Y24.77%
EPS 5Y23.23%
EPS Q2Q%10.26%
EPS Next Y7.74%
EPS Next 2Y2.2%
EPS Next 3Y3.58%
EPS Next 5Y-0.48%
Revenue 1Y (TTM)-9.64%
Revenue growth 3Y24.3%
Revenue growth 5Y11.42%
Sales Q2Q%2.15%
Revenue Next Year-4.18%
Revenue Next 2Y-2.02%
Revenue Next 3Y-0.36%
Revenue Next 5Y1.51%
EBIT growth 1Y-17.16%
EBIT growth 3Y47.51%
EBIT growth 5Y24.84%
EBIT Next Year18.88%
EBIT Next 3Y5.97%
EBIT Next 5Y2.42%
FCF growth 1Y-53.5%
FCF growth 3YN/A
FCF growth 5Y12.92%
OCF growth 1Y-43.56%
OCF growth 3Y188.73%
OCF growth 5Y13.41%
TENARIS SA / TW10.DE FAQ
What is the fundamental rating for TW10 stock?
ChartMill assigns a fundamental rating of 7 / 10 to TW10.DE.
Can you provide the valuation status for TENARIS SA?
ChartMill assigns a valuation rating of 6 / 10 to TENARIS SA (TW10.DE). This can be considered as Fairly Valued.
What is the profitability of TW10 stock?
TENARIS SA (TW10.DE) has a profitability rating of 8 / 10.
What is the financial health of TENARIS SA (TW10.DE) stock?
The financial health rating of TENARIS SA (TW10.DE) is 10 / 10.
Can you provide the expected EPS growth for TW10 stock?
The Earnings per Share (EPS) of TENARIS SA (TW10.DE) is expected to grow by 7.74% in the next year.