TSTenaris S.A.
Is the price fair?
Modest expectations priced in. That is the only one of 3 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Priced for ~1% a year FCF growth. The price bakes in little to no growth.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What TS's price assumes
Tenaris S.A. trades at 31.3× earnings against 24.6× for the median Oil & Gas Equipment & Services name, more expensive than its own group.
Trailing P/E · Oil & Gas Equipment & Services median 24.6 · 1.27× the median: the market pays up for this one
- Price / sales
- 0.78
Price / sales · as of 2025-FY
- Free cash flow yield
- 7.0%
Free cash flow yield · Oil & Gas Equipment & Services median 5.9%
- Growth the price implies
- +1.1%
Growth the price implies · The price pays for +1.1% free cash flow growth a year for a decade; revenue has grown +0.62% a year over the last three.
Details›
- Price / bookas of 2025-FY
- 2.40
- EV / EBITas of 2025-FY
- 3.30
- EV / salesas of 2025-FY
- 0.77
- Energy median P/E157 names
- 16.0
- Oil & Gas Equipment & Services median P/E34 names
- 24.6
- Free cash flow, trailing twelve months
- $2.03B
- Market capitalisation
- $29.0B
- 3-year revenue growth
- +0.62%
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Oil & Gas Equipment & Services
Ranks #2 of 29 by RyuScore