(TS) Tenaris - Overview
Exchange: NYSE •
Country: Luxembourg •
Currency: USD •
Type: Common Stock •
ISIN: US88031M1099
Stock:
Total Rating 60
Risk 84
Buy Signal 0.19
| Risk 5d forecast | |
|---|---|
| Volatility | 28.9% |
| Relative Tail Risk | -8.59% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.34 |
| Alpha | 38.94 |
| Character TTM | |
|---|---|
| Beta | 0.724 |
| Beta Downside | 1.857 |
| Drawdowns 3y | |
|---|---|
| Max DD | 29.81% |
| CAGR/Max DD | 0.71 |
EPS (Earnings per Share)
Revenue
Description: TS Tenaris
Tenaris S.A., together with its subsidiaries, manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The company provides steel casings to sustain the walls of oil and gas wells during and after drilling; steel tubing for conducting crude oil and natural gas to the surface after drilling has been completed; steel line pipes to transport crude oil and natural gas from wells to refineries, storage tanks, and loading and distribution centers; and mechanical and structural pipes for the transportation of other forms of gas and liquids under high pressure. It also offers cold-drawn pipes for use in boilers, superheaters, condensers, heat exchangers, automobile production, and other industrial applications; premium joints and couplings for use in high temperature or high pressure environments under the TenarisHydril, Atlas Bradford, Ultra, and TORQ brands; coiled tubing is used for oil and gas drilling and well workovers and for subsea pipelines; sucker rods used in oil extraction activities, tubes used for plumbing and construction applications, and oilfield / hydraulic fracturing services; pipe coating services; and automotive components. In addition, the company engages in the sale of energy and raw materials; development, management, and licensing of intellectual property; procurement and trading services; and financial operations, as well as markets steel products. Further, it manufactures and markets connections; and welded and seamless steel pipes. Tenaris S.A. was incorporated in 2001 and is based in Luxembourg, Luxembourg. Tenaris S.A. operates as a subsidiary of Techint Holdings S.àr.l.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 1.93b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA -0.49 > 1.0 |
| NWC/Revenue: 56.20% < 20% (prev 52.70%; Δ 3.51% < -1%) |
| CFO/TA 0.13 > 3% & CFO 2.65b > Net Income 1.93b |
| Net Debt (-123.7m) to EBITDA (3.18b): -0.04 < 3 |
| Current Ratio: 3.87 > 1.5 & < 3 |
| Outstanding Shares: last quarter (519.8m) vs 12m ago -52.67% < -2% |
| Gross Margin: 32.06% > 18% (prev 0.35%; Δ 3171 % > 0.5%) |
| Asset Turnover: 59.07% > 50% (prev 61.24%; Δ -2.17% > 0%) |
| Interest Coverage Ratio: 53.57 > 6 (EBITDA TTM 3.18b / Interest Expense TTM 47.0m) |
Altman Z'' 10.00
| A: 0.34 (Total Current Assets 9.07b - Total Current Liabilities 2.35b) / Total Assets 20.07b |
| B: 0.88 (Retained Earnings 17.73b / Total Assets 20.07b) |
| C: 0.12 (EBIT TTM 2.52b / Avg Total Assets 20.26b) |
| D: 5.12 (Book Value of Equity 16.60b / Total Liabilities 3.24b) |
| Altman-Z'' Score: 11.29 = AAA |
Beneish M -3.00
| DSRI: 1.05 (Receivables 1.96b/1.96b, Revenue 11.97b/12.52b) |
| GMI: 1.09 (GM 32.06% / 35.04%) |
| AQI: 0.96 (AQ_t 0.23 / AQ_t-1 0.24) |
| SGI: 0.96 (Revenue 11.97b / 12.52b) |
| TATA: -0.04 (NI 1.93b - CFO 2.65b) / TA 20.07b) |
| Beneish M-Score: -3.00 (Cap -4..+1) = A |
What is the price of TS shares?
As of March 02, 2026, the stock is trading at USD 54.40 with a total of 1,208,130 shares traded.
Over the past week, the price has changed by +1.55%, over one month by +21.78%, over three months by +34.09% and over the past year by +54.03%.
Over the past week, the price has changed by +1.55%, over one month by +21.78%, over three months by +34.09% and over the past year by +54.03%.
Is TS a buy, sell or hold?
Tenaris has received a consensus analysts rating of 3.82.
Therefore, it is recommended to buy TS.
- StrongBuy: 4
- Buy: 4
- Hold: 1
- Sell: 1
- StrongSell: 1
What are the forecasts/targets for the TS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 50.5 | -7.2% |
| Analysts Target Price | 50.5 | -7.2% |
TS Fundamental Data Overview February 27, 2026
P/E Trailing = 14.8169
P/E Forward = 17.9856
P/S = 2.285
P/B = 1.6493
P/EG = 4.692
Revenue TTM = 11.97b USD
EBIT TTM = 2.52b USD
EBITDA TTM = 3.18b USD
Long Term Debt = 2.25m USD (from longTermDebt, two quarters ago)
Short Term Debt = 353.7m USD (from shortTermDebt, last quarter)
Debt = 449.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -123.7m USD (from netDebt column, last quarter)
Enterprise Value = 24.95b USD (27.38b + Debt 449.0m - CCE 2.88b)
Interest Coverage Ratio = 53.57 (Ebit TTM 2.52b / Interest Expense TTM 47.0m)
EV/FCF = 12.37x (Enterprise Value 24.95b / FCF TTM 2.02b)
FCF Yield = 8.08% (FCF TTM 2.02b / Enterprise Value 24.95b)
FCF Margin = 16.85% (FCF TTM 2.02b / Revenue TTM 11.97b)
Net Margin = 16.13% (Net Income TTM 1.93b / Revenue TTM 11.97b)
Gross Margin = 32.06% ((Revenue TTM 11.97b - Cost of Revenue TTM 8.13b) / Revenue TTM)
Gross Margin QoQ = 24.56% (prev 34.65%)
Tobins Q-Ratio = 1.24 (Enterprise Value 24.95b / Total Assets 20.07b)
Interest Expense / Debt = 3.53% (Interest Expense 15.8m / Debt 449.0m)
Taxrate = 23.58% (142.2m / 603.3m)
NOPAT = 1.92b (EBIT 2.52b * (1 - 23.58%))
Current Ratio = 3.87 (Total Current Assets 9.07b / Total Current Liabilities 2.35b)
Debt / Equity = 0.03 (Debt 449.0m / totalStockholderEquity, last quarter 16.60b)
Debt / EBITDA = -0.04 (Net Debt -123.7m / EBITDA 3.18b)
Debt / FCF = -0.06 (Net Debt -123.7m / FCF TTM 2.02b)
Total Stockholder Equity = 16.85b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.53% (Net Income 1.93b / Total Assets 20.07b)
RoE = 11.46% (Net Income TTM 1.93b / Total Stockholder Equity 16.85b)
RoCE = 14.94% (EBIT 2.52b / Capital Employed (Equity 16.85b + L.T.Debt 2.25m))
RoIC = 11.15% (NOPAT 1.92b / Invested Capital 17.26b)
WACC = 8.49% (E(27.38b)/V(27.83b) * Re(8.58%) + D(449.0m)/V(27.83b) * Rd(3.53%) * (1-Tc(0.24)))
Discount Rate = 8.58% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -5.98%
[DCF] Terminal Value 73.68% ; FCFF base≈2.07b ; Y1≈1.77b ; Y5≈1.37b
[DCF] Fair Price = 45.57 (EV 22.88b - Net Debt -123.7m = Equity 23.00b / Shares 504.8m; r=8.49% [WACC]; 5y FCF grow -17.51% → 2.90% )
EPS Correlation: -35.73 | EPS CAGR: 0.62% | SUE: 0.23 | # QB: 0
Revenue Correlation: -6.55 | Revenue CAGR: 6.48% | SUE: 0.49 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.85 | Chg7d=+0.022 | Chg30d=+0.022 | Revisions Net=-1 | Analysts=6
EPS current Year (2026-12-31): EPS=3.46 | Chg7d=+0.020 | Chg30d=+0.020 | Revisions Net=+1 | Growth EPS=-5.4% | Growth Revenue=+0.2%
EPS next Year (2027-12-31): EPS=3.66 | Chg7d=+0.034 | Chg30d=+0.034 | Revisions Net=-2 | Growth EPS=+5.7% | Growth Revenue=+2.7%
[Analyst] Revisions Ratio: -0.33 (1 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 1.8% (Discount Rate 8.6% - Earnings Yield 6.7%)
[Growth] Growth Spread = -6.4% (Analyst -4.6% - Implied 1.8%)
P/E Forward = 17.9856
P/S = 2.285
P/B = 1.6493
P/EG = 4.692
Revenue TTM = 11.97b USD
EBIT TTM = 2.52b USD
EBITDA TTM = 3.18b USD
Long Term Debt = 2.25m USD (from longTermDebt, two quarters ago)
Short Term Debt = 353.7m USD (from shortTermDebt, last quarter)
Debt = 449.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -123.7m USD (from netDebt column, last quarter)
Enterprise Value = 24.95b USD (27.38b + Debt 449.0m - CCE 2.88b)
Interest Coverage Ratio = 53.57 (Ebit TTM 2.52b / Interest Expense TTM 47.0m)
EV/FCF = 12.37x (Enterprise Value 24.95b / FCF TTM 2.02b)
FCF Yield = 8.08% (FCF TTM 2.02b / Enterprise Value 24.95b)
FCF Margin = 16.85% (FCF TTM 2.02b / Revenue TTM 11.97b)
Net Margin = 16.13% (Net Income TTM 1.93b / Revenue TTM 11.97b)
Gross Margin = 32.06% ((Revenue TTM 11.97b - Cost of Revenue TTM 8.13b) / Revenue TTM)
Gross Margin QoQ = 24.56% (prev 34.65%)
Tobins Q-Ratio = 1.24 (Enterprise Value 24.95b / Total Assets 20.07b)
Interest Expense / Debt = 3.53% (Interest Expense 15.8m / Debt 449.0m)
Taxrate = 23.58% (142.2m / 603.3m)
NOPAT = 1.92b (EBIT 2.52b * (1 - 23.58%))
Current Ratio = 3.87 (Total Current Assets 9.07b / Total Current Liabilities 2.35b)
Debt / Equity = 0.03 (Debt 449.0m / totalStockholderEquity, last quarter 16.60b)
Debt / EBITDA = -0.04 (Net Debt -123.7m / EBITDA 3.18b)
Debt / FCF = -0.06 (Net Debt -123.7m / FCF TTM 2.02b)
Total Stockholder Equity = 16.85b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.53% (Net Income 1.93b / Total Assets 20.07b)
RoE = 11.46% (Net Income TTM 1.93b / Total Stockholder Equity 16.85b)
RoCE = 14.94% (EBIT 2.52b / Capital Employed (Equity 16.85b + L.T.Debt 2.25m))
RoIC = 11.15% (NOPAT 1.92b / Invested Capital 17.26b)
WACC = 8.49% (E(27.38b)/V(27.83b) * Re(8.58%) + D(449.0m)/V(27.83b) * Rd(3.53%) * (1-Tc(0.24)))
Discount Rate = 8.58% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -5.98%
[DCF] Terminal Value 73.68% ; FCFF base≈2.07b ; Y1≈1.77b ; Y5≈1.37b
[DCF] Fair Price = 45.57 (EV 22.88b - Net Debt -123.7m = Equity 23.00b / Shares 504.8m; r=8.49% [WACC]; 5y FCF grow -17.51% → 2.90% )
EPS Correlation: -35.73 | EPS CAGR: 0.62% | SUE: 0.23 | # QB: 0
Revenue Correlation: -6.55 | Revenue CAGR: 6.48% | SUE: 0.49 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.85 | Chg7d=+0.022 | Chg30d=+0.022 | Revisions Net=-1 | Analysts=6
EPS current Year (2026-12-31): EPS=3.46 | Chg7d=+0.020 | Chg30d=+0.020 | Revisions Net=+1 | Growth EPS=-5.4% | Growth Revenue=+0.2%
EPS next Year (2027-12-31): EPS=3.66 | Chg7d=+0.034 | Chg30d=+0.034 | Revisions Net=-2 | Growth EPS=+5.7% | Growth Revenue=+2.7%
[Analyst] Revisions Ratio: -0.33 (1 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 1.8% (Discount Rate 8.6% - Earnings Yield 6.7%)
[Growth] Growth Spread = -6.4% (Analyst -4.6% - Implied 1.8%)