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 ~2% 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 31.8× earnings against 24.3× for the median Oil & Gas Equipment & Services name, more expensive than its own group.
Trailing P/E · Oil & Gas Equipment & Services median 24.3 · 1.31× the median: the market pays up for this one
- Price / sales
- 0.78
Price / sales · as of 2025-FY
- Free cash flow yield
- 6.5%
Free cash flow yield · Oil & Gas Equipment & Services median 6.4%
- Growth the price implies
- +2.2%
Growth the price implies · The price pays for +2.2% 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
- 17.3
- Oil & Gas Equipment & Services median P/E34 names
- 24.3
- Free cash flow, trailing twelve months
- $2.03B
- Market capitalisation536.0 million shares, counted Dec 31, 2025
- $31.2B
- 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.
What is it worth?
Today's price against what its own multiples, its cash flow and your growth assumption say it is worth.
Against its own past
Its multiples now against their own history, and how much of the price move came from earnings rather than the multiple.
Oil & Gas Equipment & Services
Ranks #2 of 28 by RyuScore