Tenaris SA TS
Steel/Iron Ore · data as of November 13, 2026
Tenaris SA (TS) is a industrial company listed in the US with a market value of about $32.4B. In the twelve months to September 30, 2026 it had revenue of $12.2B and net income of $2.0B, a net margin of 16.2%.
Its overall Stock Analiz score is 2.8 out of 5 (average). The strongest part is financial health (5/5); the weakest is future growth (1/5).
Key numbers: a P/E of 15.7, a price to free cash flow of 17.7, 5-year revenue growth of 18% a year, a 5-year average ROIC of 13%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 6% below the current price.
Score: 2.8 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- 3-year free cash flow growth above 10% a year
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
Checks not passed
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- ROE above 15%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.2B | $12.0B | $12.5B | $14.9B | $11.8B | $6.5B | $5.1B | $7.3B | $7.7B | $5.3B | $4.3B |
| Net income | $2.0B | $1.9B | $2.0B | $3.9B | $2.6B | $1.1B | -$634M | $743M | $876M | $545M | $55M |
| Free cash flow | $1.8B | $2.0B | $2.2B | $3.8B | $789M | -$120M | $1.3B | $1.2B | $261M | -$580M | $77M |
| EPS (diluted) | $3.89 | $3.65 | $3.85 | $7.40 | $4.82 | $2.08 | $-1.20 | $1.40 | $1.65 | $1.03 | $0.10 |
| Net margin | 16.2% | 16.1% | 16.3% | 26.4% | 21.7% | 16.9% | -12.3% | 10.2% | 11.4% | 10.3% | 1.3% |
| ROIC | — | 10.8% | 11.5% | 21.2% | 16.3% | 4.9% | -4.4% | 5.1% | 5.6% | 2.1% | -0.2% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 12 analysts is $67.65, 10% above the current price; targets range from $48.00 to $88.00; the consensus rating is “Buy”; expected EPS is $4.00 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Tenaris SA’s P/E ratio?
About 15.7, based on the last twelve months of diluted earnings per share (forward P/E about 13.5).
Is Tenaris SA stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 6% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Tenaris SA pay a dividend?
Yes. The dividend yield is about 2.91%, and it has paid dividends for 10 years in our data.
Is Tenaris SA a good stock to buy?
We do not give buy or sell advice. Tenaris SA scores 2.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
Similar companies
Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.