Tenaris S.A. American
Tenaris S.A. American Depositary Shares represent Tenaris S.A., a global manufacturer and supplier of steel pipe products and related services for the energy industry and other industrial applications. Tenaris focuses on tubular solutions used in oil and gas operations, including casing, tubing, line pipe, mechanical pipes, and specialty connections that support drilling, completion, and production activities. The company also serves broader industrial markets with products designed for high-pressure transport and structural applications. Through its integrated manufacturing, service, and distribution network, Tenaris provides technical and commercial support to customers across multiple regions. Tenaris S.A. is headquartered in Luxembourg and operates as a major participant in the steel tube and energy equipment market.
$58.67
+$0.33 (+0.57%)
Price from 2 days ago
19.14% operating margin is respectable but not wide. ROIC at 10.55%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 4.3% YoY. The question is whether this is cyclical or a structural shift.
Even for strong businesses, today's 16x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
15.6x earnings, 17.4x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$12.04B
▼ -4.3% YoY
Net Income (TTM)
$1.97B
▼ -5.0% YoY
Op. Margin
18.62%
▼ -1.0pp YoY
ROIC
10.55%
▼ -1.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$1.70B
▼ -8.3% YoY
Op. Cash Flow (TTM)
$2.24B
▼ -10.4% YoY
Net Debt
-$2.43B
Net Cash Position
Cash & Equiv.
$2.88B
3Y CAGR: +0.6%
3Y CAGR: +37.1%
Continue Research
Is Tenaris S.A. American (TS) overvalued?
At a P/E of 15.6 and a price-to-free-cash-flow of 17.4, Tenaris S.A. American (TS) trades below a two-stage DCF intrinsic value of about $175.06 per share, so at $58.67 the stock looks undervalued (198.4% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Tenaris S.A. American scores 64/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.0%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Tenaris S.A. American's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $175.06 per share for TS, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $131.30. At today's $58.67, that puts the stock about 198.4% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Tenaris S.A. American a high-quality business?+
Tenaris S.A. American scores 64 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 18.6% operating margin and a 10.6% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Tenaris S.A. American (TS) pay a dividend, and how much?+
Yes, Tenaris S.A. American pays a regular dividend of about $1.20 per share per year (typically in quarterly installments), a yield of roughly 2.0% at the current price. That is a payout ratio of about 30.8% of earnings, so the dividend is amply covered by earnings. Tenaris S.A. American has grown the dividend at roughly 7.0% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For TS's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Tenaris S.A. American a good stock to buy right now?+
That depends on valuation and quality together, not either alone. TS currently trades below its estimated intrinsic value and scores 64/100 on quality (solid). It also yields about 2.0%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
Related stocks: Oil & Gas Equipment & Services
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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