Tenaris SA
MIL:TEN

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Tenaris SA Logo
Tenaris SA
MIL:TEN
Watchlist
Price: 15.685 EUR 3.94% Market Closed
Market Cap: 18.2B EUR
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one TEN stock under the Base Case scenario is 13.734 EUR. Compared to the current market price of 15.685 EUR, Tenaris SA is Overvalued by 12%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TEN Relative Value
Base Case
13.734 EUR
Overvaluation 12%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.6
P/S
P/S
Price to Sales
1.6
vs History
50
vs Industry
47
Median 3Y
1.5
Median 5Y
1.6
Industry
2.1
Forward
1.5
More Details
10.5
P/E
P/E
Price to Earnings
10.5
vs History
26
vs Industry
24
Median 3Y
7
Median 5Y
7
Industry
15.7
Forward
7.6
More Details
6.7
P/OCF
P/OCF
Price to OCF
6.7
vs History
52
vs Industry
20
Median 3Y
6.6
Median 5Y
7.1
Industry
9.7
More Details
10.9
P/FCFE
P/FCFE
Price to FCFE
10.9
vs History
31
vs Industry
18
Median 3Y
8
Median 5Y
7.9
Industry
12.6
More Details
1.1
P/B
P/B
Price to Book Value
1.1
vs History
60
vs Industry
36
Median 3Y
1.2
Median 5Y
1.1
Industry
1.6
More Details
1.3
EV/S
EV/S
Enterprise Value to Sales
1.3
vs History
53
vs Industry
52
Median 3Y
1.2
Median 5Y
1.4
Industry
3.1
Forward
1.3
More Details
3.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
3.8
vs History
50
vs Industry
47
Median 3Y
3.5
Median 5Y
3.8
Industry
6.4
More Details
5.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
5.8
vs History
47
vs Industry
24
Median 3Y
4.6
Median 5Y
5.5
Industry
10.3
Forward
5.3
More Details
7.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
7.4
vs History
42
vs Industry
23
Median 3Y
5.6
Median 5Y
6.9
Industry
12.3
Forward
6.9
More Details
5.6
EV/OCF
EV/OCF
Enterprise Value to OCF
5.6
vs History
55
vs Industry
21
Median 3Y
5.6
Median 5Y
6.1
Industry
10.9
More Details
7.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
7.5
vs History
36
vs Industry
17
Median 3Y
6.8
Median 5Y
5.8
Industry
12
More Details
1
EV/IC
EV/IC
Enterprise Value to IC
1
vs History
61
vs Industry
37
Median 3Y
1
Median 5Y
0.9
Industry
1.5
More Details

Multiples Across Competitors

TEN Competitors Multiples
Tenaris SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
LU
Tenaris SA
MIL:TEN
16.8B EUR 1.6 10.5 5.8 7.4
US
Schlumberger NV
NYSE:SLB
48.8B USD 1.4 11.6 6.2 8.7
US
Baker Hughes Co
NASDAQ:BKR
37.2B USD 1.3 12.7 9.2 12.6
US
Halliburton Co
NYSE:HAL
18.3B USD 0.8 8.7 4.9 6.3
UK
TechnipFMC PLC
NYSE:FTI
12.9B USD 1.4 15.6 8.3 11.3
FR
Technip Energies NV
PAR:TE
5.5B EUR 0.8 14.1 5.9 7.3
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
40.3B CNY 0.8 10.7 6.6 6.6
US
Nov Inc
NYSE:NOV
4.9B USD 0.6 8.3 4.6 6.5
IT
Saipem SpA
MIL:SPM
4.4B EUR 0.2 11.5 2.7 5
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
35B CNY 2.5 12.9 12.3 12.3
US
ChampionX Corp
NASDAQ:CHX
5B USD 1.4 17 6.7 10

See Also

Summary
TEN intrinsic value, competitors valuation, and company profile.
DCF Valuation
TEN stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TEN stock valuation using valuation multiples.
Wall Street Estimates
TEN price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
TEN stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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