TENARIS SA-ADR (TS) Stock Fundamental Analysis
NYSE:TS • US88031M1099
53.895 USD
+0.33 (+0.61%)
Last: Feb 24, 2026, 11:42 AM
TS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 61 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.
- Each year in the past 5 years TS has been profitable.
- In the past 5 years TS always reported a positive cash flow from operatings.
1.2 Ratios
- TS has a Return On Assets of 9.77%. This is amongst the best in the industry. TS outperforms 95.08% of its industry peers.
- The Return On Equity of TS (11.74%) is better than 75.41% of its industry peers.
- With an excellent Return On Invested Capital value of 9.89%, TS belongs to the best of the industry, outperforming 80.33% of the companies in the same industry.
| 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
- TS has a Profit Margin of 16.91%. This is amongst the best in the industry. TS outperforms 93.44% 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 80.33% of its industry peers.
- In the last couple of years the Operating Margin of TS has declined.
- TS has a Gross Margin of 34.05%. This is in the better half of the industry: TS outperforms 73.77% of its industry peers.
- In the last couple of years the Gross Margin of TS has grown nicely.
| 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
- TS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is 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 7.29 indicates that TS is not in any danger for bankruptcy at the moment.
- With an excellent Altman-Z score value of 7.29, TS belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- TS 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.
- TS has a Debt to FCF ratio of 0.29. This is amongst the best in the industry. TS outperforms 91.80% 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.
- Looking at the Debt to Equity ratio, with a value of 0.01, TS belongs to the top of the industry, outperforming 91.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.29 | ||
| Altman-Z | 7.29 |
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.
- The Current ratio of TS (4.08) is better than 91.80% of its industry peers.
- A Quick Ratio of 2.55 indicates that TS has no problem at all paying its short term obligations.
- Looking at the Quick ratio, with a value of 2.55, TS belongs to the top of the industry, outperforming 88.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.08 | ||
| Quick Ratio | 2.55 |
3. Growth
3.1 Past
- TS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.79%.
- 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.
- TS shows a decrease in Revenue. In the last year, the revenue decreased by -4.33%.
- The Revenue has been growing by 18.41% on average over the past years. This is quite good.
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
- Based on estimates for the next years, TS will show a decrease in Earnings Per Share. The EPS will decrease by -1.37% on average per year.
- TS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.71% yearly.
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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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 14.65.
- Compared to the rest of the industry, the Price/Earnings ratio of TS indicates a rather cheap valuation: TS is cheaper than 91.80% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 26.64, TS is valued a bit cheaper.
- The Price/Forward Earnings ratio is 14.41, which indicates a correct valuation of TS.
- Based on the Price/Forward Earnings ratio, TS is valued cheaply inside the industry as 88.52% of the companies are valued more expensively.
- TS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.75.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.65 | ||
| Fwd PE | 14.41 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TS is valued a bit cheaper than the industry average as 70.49% of the companies are valued more expensively.
- 70.49% of the companies in the same industry are more expensive than TS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.67 | ||
| EV/EBITDA | 7.74 |
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)9.09
PEG (5Y)N/A
EPS Next 2Y3.97%
EPS Next 3Y1.82%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.41%, TS has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.10, TS pays a better dividend. On top of this TS pays more dividend than 91.80% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.80, TS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
5.2 History
- The dividend of TS is nicely growing with an annual growth rate of 10.42%!
- TS has been paying a dividend for at least 10 years, so it has 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
- 44.97% of the earnings are spent on dividend by TS. This is a bit on the high side, but may be sustainable.
DP44.97%
EPS Next 2Y3.97%
EPS Next 3Y1.82%
NYSE:TS (2/24/2026, 11:42:03 AM)
53.895
+0.33 (+0.61%)
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 Cap27.21B
Revenue(TTM)11.98B
Net Income(TTM)2.00B
Analysts76
Price Target45.11 (-16.3%)
Short Float %4.03%
Short Ratio4.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
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)2.21%
PT rev (3m)5.88%
EPS NQ rev (1m)-0.25%
EPS NQ rev (3m)-24.42%
EPS NY rev (1m)0%
EPS NY rev (3m)3.9%
Revenue NQ rev (1m)0.13%
Revenue NQ rev (3m)0.84%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.65 | ||
| Fwd PE | 14.41 | ||
| P/S | 2.3 | ||
| P/FCF | 16.67 | ||
| P/OCF | 11.81 | ||
| P/B | 1.6 | ||
| P/tB | 1.73 | ||
| EV/EBITDA | 7.74 |
EPS(TTM)3.68
EY6.83%
EPS(NY)3.74
Fwd EY6.94%
FCF(TTM)3.23
FCFY6%
OCF(TTM)4.57
OCFY8.47%
SpS23.44
BVpS33.76
TBVpS31.07
PEG (NY)9.09
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 | 7.29 |
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 7 / 10 to TS.
What is the valuation status for TS stock?
ChartMill assigns a valuation rating of 6 / 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 14.65 and the Price/Book (PB) ratio is 1.6.
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%.