Tenaris S.A. Logo

Tenaris S.A.

TS

(3.2)
Stock Price

29,72 USD

19.44% ROA

24.58% ROE

5.32x PER

Market Cap.

19.127.699.350,00 USD

4.57% DER

3.33% Yield

26.35% NPM

Tenaris S.A. Stock Analysis

Tenaris S.A. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Tenaris S.A. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (21.17%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (5%), which means it has a small amount of debt compared to the ownership it holds

4 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

5 PBV

The stock's PBV ratio (1.3x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

7 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

8 Dividend Growth

The company's dividend growth has exhibited a remarkable upward trend over the past three years, consistently delivering higher payouts to shareholders.

9 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (48), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

10 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

11 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

Tenaris S.A. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Tenaris S.A. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Tenaris S.A. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Tenaris S.A. Revenue
Year Revenue Growth
2001 3.174.299.000
2002 3.219.384.000 1.4%
2003 3.179.652.000 -1.25%
2004 4.136.063.000 23.12%
2005 6.736.197.000 38.6%
2006 7.727.745.000 12.83%
2007 10.042.008.000 23.05%
2008 12.131.836.000 17.23%
2009 8.149.320.000 -48.87%
2010 7.711.598.000 -5.68%
2011 9.972.478.000 22.67%
2012 10.834.030.000 7.95%
2013 10.596.781.000 -2.24%
2014 10.337.962.000 -2.5%
2015 7.100.753.000 -45.59%
2016 4.293.592.000 -65.38%
2017 5.288.504.000 18.81%
2018 7.658.588.000 30.95%
2019 7.294.055.000 -5%
2020 5.146.734.000 -41.72%
2021 6.521.207.000 21.08%
2022 11.762.526.000 44.56%
2023 12.951.344.000 9.18%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Tenaris S.A. Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Tenaris S.A. General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 713.770.000 100%
2010 661.554.000 -7.89%
2011 880.325.000 24.85%
2012 861.001.000 -2.24%
2013 882.218.000 2.4%
2014 911.015.000 3.16%
2015 830.058.000 -9.75%
2016 609.333.000 -36.22%
2017 654.659.000 6.92%
2018 698.422.000 6.27%
2019 725.292.000 3.7%
2020 601.744.000 -20.53%
2021 588.850.000 -2.19%
2022 754.094.000 21.91%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Tenaris S.A. EBITDA
Year EBITDA Growth
2001 441.632.000
2002 668.408.000 33.93%
2003 617.501.000 -8.24%
2004 856.312.000 27.89%
2005 2.245.594.000 61.87%
2006 3.007.587.000 25.34%
2007 3.466.095.000 13.23%
2008 3.594.955.000 3.58%
2009 2.436.343.000 -47.56%
2010 2.183.361.000 -11.59%
2011 2.541.452.000 14.09%
2012 2.970.457.000 14.44%
2013 2.862.346.000 -3.78%
2014 2.831.526.000 -1.09%
2015 851.916.000 -232.37%
2016 719.171.000 -18.46%
2017 1.072.699.000 32.96%
2018 1.782.752.000 39.83%
2019 1.511.623.000 -17.94%
2020 779.960.000 -93.81%
2021 1.915.615.000 59.28%
2022 3.854.845.000 50.31%
2023 3.921.252.000 1.69%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Tenaris S.A. Gross Profit
Year Gross Profit Growth
2001 1.008.731.000
2002 1.050.790.000 4%
2003 971.825.000 -8.13%
2004 1.359.127.000 28.5%
2005 2.793.439.000 51.35%
2006 3.843.519.000 27.32%
2007 4.526.241.000 15.08%
2008 5.332.647.000 15.12%
2009 3.284.398.000 -62.36%
2010 3.010.788.000 -9.09%
2011 3.742.952.000 19.56%
2012 4.196.737.000 10.81%
2013 4.139.995.000 -1.37%
2014 4.050.502.000 -2.21%
2015 2.215.675.000 -82.81%
2016 1.127.908.000 -96.44%
2017 1.603.447.000 29.66%
2018 2.379.288.000 32.61%
2019 2.186.560.000 -8.81%
2020 1.059.417.000 -106.39%
2021 1.909.605.000 44.52%
2022 4.674.787.000 59.15%
2023 5.057.820.000 7.57%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Tenaris S.A. Net Profit
Year Net Profit Growth
2001 155.903.000
2002 94.304.000 -65.32%
2003 210.308.000 55.16%
2004 784.703.000 73.2%
2005 1.277.547.000 38.58%
2006 1.945.314.000 34.33%
2007 1.923.748.000 -1.12%
2008 2.275.620.000 15.46%
2009 1.161.555.000 -95.91%
2010 1.127.367.000 -3.03%
2011 1.331.157.000 15.31%
2012 1.699.047.000 21.65%
2013 1.551.394.000 -9.52%
2014 1.343.274.000 -15.49%
2015 -80.162.000 1775.7%
2016 55.298.000 244.96%
2017 544.737.000 89.85%
2018 876.063.000 37.82%
2019 742.686.000 -17.96%
2020 -642.417.000 215.61%
2021 1.100.191.000 158.39%
2022 2.553.280.000 56.91%
2023 2.149.244.000 -18.8%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Tenaris S.A. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 0
2002 0 0%
2003 0 0%
2004 1 100%
2005 2 50%
2006 3 33.33%
2007 3 0%
2008 4 0%
2009 2 -200%
2010 2 0%
2011 2 50%
2012 3 0%
2013 3 0%
2014 2 0%
2015 0 0%
2016 0 0%
2017 1 0%
2018 1 100%
2019 1 0%
2020 -1 200%
2021 2 200%
2022 4 75%
2023 7 42.86%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Tenaris S.A. Free Cashflow
Year Free Cashflow Growth
2002 336.831.000
2003 113.012.000 -198.05%
2004 -85.024.000 232.92%
2005 1.010.849.000 108.41%
2006 1.369.384.000 26.18%
2007 1.572.707.000 12.93%
2008 1.021.767.000 -53.92%
2009 2.603.021.000 60.75%
2010 23.504.000 -10974.8%
2011 420.646.000 94.41%
2012 1.078.694.000 61%
2013 1.634.806.000 34.02%
2014 902.460.000 -81.15%
2015 1.093.575.000 17.48%
2016 100.301.000 -990.29%
2017 -574.818.000 117.45%
2018 267.339.000 315.01%
2019 1.179.856.000 77.34%
2020 1.326.030.000 11.02%
2021 -125.518.000 1156.45%
2022 769.870.000 116.3%
2023 1.125.216.000 31.58%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Tenaris S.A. Operating Cashflow
Year Operating Cashflow Growth
2002 461.436.000
2003 275.636.000 -67.41%
2004 98.288.000 -180.44%
2005 1.295.323.000 92.41%
2006 1.810.856.000 28.47%
2007 2.020.624.000 10.38%
2008 1.465.005.000 -37.93%
2009 3.063.948.000 52.19%
2010 870.820.000 -251.85%
2011 1.283.304.000 32.14%
2012 1.860.413.000 31.02%
2013 2.355.118.000 21.01%
2014 2.044.067.000 -15.22%
2015 2.215.004.000 7.72%
2016 863.565.000 -156.5%
2017 -22.025.000 4020.84%
2018 610.802.000 103.61%
2019 1.527.939.000 60.02%
2020 1.520.383.000 -0.5%
2021 119.075.000 -1176.83%
2022 1.167.217.000 89.8%
2023 1.296.934.000 10%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Tenaris S.A. Capital Expenditure
Year Capital Expenditure Growth
2002 124.605.000
2003 162.624.000 23.38%
2004 183.312.000 11.29%
2005 284.474.000 35.56%
2006 441.472.000 35.56%
2007 447.917.000 1.44%
2008 443.238.000 -1.06%
2009 460.927.000 3.84%
2010 847.316.000 45.6%
2011 862.658.000 1.78%
2012 781.719.000 -10.35%
2013 720.312.000 -8.53%
2014 1.141.607.000 36.9%
2015 1.121.429.000 -1.8%
2016 763.264.000 -46.93%
2017 552.793.000 -38.07%
2018 343.463.000 -60.95%
2019 348.083.000 1.33%
2020 194.353.000 -79.1%
2021 244.593.000 20.54%
2022 397.347.000 38.44%
2023 171.718.000 -131.4%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Tenaris S.A. Equity
Year Equity Growth
2001 875.401.000
2002 1.694.054.000 48.33%
2003 1.841.280.000 8%
2004 2.495.924.000 26.23%
2005 3.507.802.000 28.85%
2006 5.338.619.000 34.29%
2007 7.006.277.000 23.8%
2008 8.176.571.000 14.31%
2009 9.092.164.000 10.07%
2010 9.902.359.000 8.18%
2011 10.506.227.000 5.75%
2012 11.388.016.000 7.74%
2013 12.290.420.000 7.34%
2014 12.819.147.000 4.12%
2015 11.713.344.000 -9.44%
2016 11.287.417.000 -3.77%
2017 11.482.185.000 1.7%
2018 11.875.492.000 3.31%
2019 12.186.372.000 2.55%
2020 11.446.473.000 -6.46%
2021 12.105.702.000 5.45%
2022 14.034.437.000 13.74%
2023 16.400.123.000 14.42%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Tenaris S.A. Assets
Year Assets Growth
2001 3.837.954.000
2002 4.017.446.000 4.47%
2003 4.309.548.000 6.78%
2004 5.662.288.000 23.89%
2005 6.706.028.000 15.56%
2006 12.595.242.000 46.76%
2007 15.244.587.000 17.38%
2008 15.100.712.000 -0.95%
2009 13.483.308.000 -12%
2010 14.364.331.000 6.13%
2011 14.863.635.000 3.36%
2012 15.963.925.000 6.89%
2013 15.930.970.000 -0.21%
2014 16.675.711.000 4.47%
2015 14.886.974.000 -12.02%
2016 14.003.275.000 -6.31%
2017 14.398.218.000 2.74%
2018 14.251.299.000 -1.03%
2019 14.842.991.000 3.99%
2020 13.716.189.000 -8.22%
2021 14.449.431.000 5.07%
2022 17.550.246.000 17.67%
2023 19.839.333.000 11.54%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Tenaris S.A. Liabilities
Year Liabilities Growth
2001 2.043.572.000
2002 2.136.609.000 4.35%
2003 2.348.284.000 9.01%
2004 3.001.093.000 21.75%
2005 2.930.155.000 -2.42%
2006 6.893.612.000 57.49%
2007 7.714.737.000 10.64%
2008 6.398.825.000 -20.56%
2009 3.762.472.000 -70.07%
2010 3.813.751.000 1.34%
2011 3.690.692.000 -3.33%
2012 4.403.599.000 16.19%
2013 3.461.104.000 -27.23%
2014 3.704.364.000 6.57%
2015 3.020.918.000 -22.62%
2016 2.590.203.000 -16.63%
2017 2.817.248.000 8.06%
2018 2.375.807.000 -18.58%
2019 2.656.619.000 10.57%
2020 2.269.716.000 -17.05%
2021 2.343.729.000 3.16%
2022 3.515.809.000 33.34%
2023 3.439.210.000 -2.23%

Tenaris S.A. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
25.54
Net Income per Share
6.09
Price to Earning Ratio
5.32x
Price To Sales Ratio
1.27x
POCF Ratio
4.68
PFCF Ratio
5.45
Price to Book Ratio
1.18
EV to Sales
1.26
EV Over EBITDA
3.47
EV to Operating CashFlow
4.65
EV to FreeCashFlow
5.42
Earnings Yield
0.19
FreeCashFlow Yield
0.18
Market Cap
19,13 Bil.
Enterprise Value
19,01 Bil.
Graham Number
61.39
Graham NetNet
6.59

Income Statement Metrics

Net Income per Share
6.09
Income Quality
1.13
ROE
0.24
Return On Assets
0.19
Return On Capital Employed
0.24
Net Income per EBT
0.86
EBT Per Ebit
1.06
Ebit per Revenue
0.29
Effective Tax Rate
0.15

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.42
Operating Profit Margin
0.29
Pretax Profit Margin
0.31
Net Profit Margin
0.26

Dividends

Dividend Yield
0.03
Dividend Yield %
3.33
Payout Ratio
0.17
Dividend Per Share
1.08

Operating Metrics

Operating Cashflow per Share
6.92
Free CashFlow per Share
5.94
Capex to Operating CashFlow
-0.14
Capex to Revenue
-0.04
Capex to Depreciation
-1.01
Return on Invested Capital
0.2
Return on Tangible Assets
0.19
Days Sales Outstanding
65.37
Days Payables Outstanding
42.35
Days of Inventory on Hand
164.65
Receivables Turnover
5.58
Payables Turnover
8.62
Inventory Turnover
2.22
Capex per Share
-0.97

Balance Sheet

Cash per Share
5,69
Book Value per Share
27,50
Tangible Book Value per Share
27.78
Shareholders Equity per Share
27.5
Interest Debt per Share
1.44
Debt to Equity
0.05
Debt to Assets
0.04
Net Debt to EBITDA
-0.02
Current Ratio
3.94
Tangible Asset Value
15,06 Bil.
Net Current Asset Value
6,52 Bil.
Invested Capital
0.05
Working Capital
7,43 Bil.
Intangibles to Total Assets
0.07
Average Receivables
2,91 Bil.
Average Payables
1,01 Bil.
Average Inventory
3884623000
Debt to Market Cap
0.04

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Tenaris S.A. Dividends
Year Dividends Growth
2003 1
2004 1 100%
2005 3 50%
2006 0 0%
2007 1 0%
2008 1 0%
2009 1 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 0 0%
2021 1 0%
2022 1 0%
2023 1 100%

Tenaris S.A. Profile

About Tenaris S.A.

Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products; and provides related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, cold-drawn pipes, and premium joints and couplings; coiled tubing products for oil and gas drilling and workovers, and subsea pipelines; and umbilical tubing products; and tubular accessories. It also provides sucker rods, industrial equipment, heat exchangers, and utility conduits for buildings, as well as sells energy and raw materials. In addition, it offers financial services. The company operates in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Tenaris S.A. was incorporated in 2001 and is based in Luxembourg, Luxembourg. Tenaris S.A. is a subsidiary of Techint Holdings S.à r.l.

CEO
Mr. Paolo Rocca
Employee
25.292
Address
26, Boulevard Royal
Luxembourg City, 2449

Tenaris S.A. Executives & BODs

Tenaris S.A. Executives & BODs
# Name Age
1 Mr. Gabriel Podskubka
Chief Operating Officer
70
2 Mr. Marcelo Ramos
Chief Technology Officer
70
3 Mr. Luis Scartascini
Chief Human Resources Officer
70
4 Mr. Javier Martinez Alvarez
President of Southern Cone
70
5 Mr. Luca Zanotti
President of United States
70
6 Mr. Giovanni Sardagna
Investor Relations Director
70
7 Mr. Sergio de la Maza
President of Mexico
70
8 Mr. Gabriel Casanova
Chief Supply Chain Officer
70
9 Mr. Paolo Rocca
Chairman & Chief Executive Officer
70
10 Ms. Alicia Mondolo
Chief Financial Officer
70

Tenaris S.A. Competitors