Tenaris SA
NYSE:TS
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EV/EBITDA
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (4.6), the stock would be worth $29.02 (54% downside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 9.9 | $62.63 |
0%
|
| 3-Year Average | 4.6 | $29.02 |
-54%
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| 5-Year Average | 5.8 | $36.52 |
-42%
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| Industry Average | 7.6 | $48.53 |
-23%
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| Country Average | 8.2 | $52.24 |
-17%
|
Forward EV/EBITDA
Today’s price vs future ebitda
| Today's Enterprise Value | EBITDA | Forward EV/EBITDA | ||
|---|---|---|---|---|
|
$23.6B
|
/ |
Jan 2026
$2.9B
|
= |
|
|
$23.6B
|
/ |
Dec 2026
$2.9B
|
= |
|
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$23.6B
|
/ |
Dec 2027
$3B
|
= |
|
|
$23.6B
|
/ |
Dec 2028
$3.1B
|
= |
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Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| LU |
|
Tenaris SA
NYSE:TS
|
26.7B USD | 9.9 | 16.3 | |
| US |
|
Schlumberger NV
NYSE:SLB
|
81.9B USD | 10.6 | 24.3 | |
| US |
B
|
Baker Hughes Co
NASDAQ:BKR
|
63.7B USD | 13.4 | 24.6 | |
| US |
|
Halliburton Co
NYSE:HAL
|
33.1B USD | 9 | 25.8 | |
| UK |
|
TechnipFMC PLC
NYSE:FTI
|
29B USD | 15.3 | 30.1 | |
| CN |
|
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
|
125.1B CNY | 34.5 | 44.6 | |
| UK |
|
Subsea 7 SA
OSE:SUBC
|
91.7B NOK | 6.4 | 23.4 | |
| IT |
|
Saipem SpA
MIL:SPM
|
8.1B EUR | 4.6 | 26.7 | |
| FR |
|
Technip Energies NV
PAR:TE
|
7B EUR | 8.7 | 19.3 | |
| CN |
|
Sinopec Oilfield Service Corp
SSE:600871
|
50.6B CNY | 39.4 | 76.8 | |
| US |
|
Weatherford International PLC
NASDAQ:WFRD
|
7.4B USD | 7.8 | 17.1 |
Market Distribution
| Min | 0 |
| 30th Percentile | 6.2 |
| Median | 8.2 |
| 70th Percentile | 13.8 |
| Max | 1 142.5 |
Other Multiples
Tenaris SA
Glance View
In the sprawling global theater of energy, Tenaris SA emerges as a titan that seamlessly marries industrial prowess with technological finesse. Born in the heart of the steel industry, the company has positioned itself as a crucial player in the production and supply of seamless steel pipes—critical components in the oil and gas sector. Through a strategic web of manufacturing facilities and service centers spread across continents, from the Americas to Europe and Asia, Tenaris orchestrates the delivery of high-quality tubular products that cater to the ever-complex needs of its clients. These clients include oil and gas giants who demand reliability and durability in extreme conditions, both offshore and on land. By leveraging decades of technical expertise, continuous research, and development, Tenaris not only meets but anticipates industry needs, cultivating strong partnerships and a reputation for excellence. Beyond merely producing tubular goods, Tenaris distinguishes itself through its commitment to providing integrated services that enhance operational efficiencies. Its offerings extend far beyond pipeline manufacture, encompassing sophisticated supply chain solutions that reduce costs and enhance time-to-market for its customers. By integrating digital technologies, the company supports predictive maintenance and real-time data management, augmenting the performance of its products. This comprehensive approach to customer service bolsters long-term relationships and generates steady revenues through not just sales, but lifecycle services that include consulting, logistical support, and on-site assistance. This dual focus on product innovation and service-enhancement ensures that Tenaris remains a pivotal entity in a sector that thrives on precision, endurance, and adaptability.