Tenaris SA
MIL:TEN

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Tenaris SA
MIL:TEN
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Price: 17.955 EUR -0.77% Market Closed
Market Cap: 19.2B EUR

Relative Value

The Relative Value of one TEN stock under the Base Case scenario is 14.068 EUR. Compared to the current market price of 17.955 EUR, Tenaris SA is Overvalued by 22%.

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
14.068 EUR
Overvaluation 22%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

TEN Competitors Multiples
Tenaris SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
LU
Tenaris SA
MIL:TEN
18.7B EUR 1.8 10.8 7.6 9.8
US
Schlumberger NV
NYSE:SLB
69.8B USD 2 19.2 9.1 13
US
Baker Hughes Co
NASDAQ:BKR
51B USD 1.8 17.6 11.1 14.7
US
Halliburton Co
NYSE:HAL
27.5B USD 1.2 21 7.6 10.2
UK
TechnipFMC PLC
NYSE:FTI
21.1B USD 2.2 22.3 11.9 16
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
86B CNY 5.3 29.5 26.1 26.1
FR
Technip Energies NV
PAR:TE
5.8B EUR 0.5 9.9 4 4
US
Nov Inc
NYSE:NOV
6.6B USD 0.8 17.2 6.9 10.4
UK
Subsea 7 SA
OSE:SUBC
65.8B NOK 0.9 22.7 0.6 1.2
IT
Saipem SpA
MIL:SPM
5.4B EUR 0.2 11 2.8 5.2
JP
Modec Inc
TSE:6269
970.4B JPY 1.4 20.8 0.1 0.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
LU
Tenaris SA
MIL:TEN
Average EV/EBITDA: 8
7.6
-3%
N/A
US
Schlumberger NV
NYSE:SLB
9.1
3%
3
US
B
Baker Hughes Co
NASDAQ:BKR
11.1
7%
1.6
US
Halliburton Co
NYSE:HAL
7.6
-4%
N/A
UK
TechnipFMC PLC
NYSE:FTI
11.9
18%
0.7
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
26.1
28%
0.9
FR
Technip Energies NV
PAR:TE
4
16%
0.3
US
Nov Inc
NYSE:NOV
6.9
-4%
N/A
UK
Subsea 7 SA
OSE:SUBC
0.6
16%
0
IT
Saipem SpA
MIL:SPM
2.8
14%
0.2
JP
Modec Inc
TSE:6269
0.1
648%
0
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
LU
Tenaris SA
MIL:TEN
Average EV/EBIT: 10.1
9.8
-4%
N/A
US
Schlumberger NV
NYSE:SLB
13
2%
6.5
US
B
Baker Hughes Co
NASDAQ:BKR
14.7
9%
1.6
US
Halliburton Co
NYSE:HAL
10.2
-5%
N/A
UK
TechnipFMC PLC
NYSE:FTI
16
22%
0.7
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
26.1
23%
1.1
FR
Technip Energies NV
PAR:TE
4
17%
0.2
US
Nov Inc
NYSE:NOV
10.4
-6%
N/A
UK
Subsea 7 SA
OSE:SUBC
1.2
31%
0
IT
Saipem SpA
MIL:SPM
5.2
14%
0.4
JP
Modec Inc
TSE:6269
0.1
N/A N/A