Valuation: Tenaris

Market Cap 27.85B 24.36B 22.47B 20.75B 39.38B 2,656B 40.04B 268B 105B 1,309B 105B 102B 4,499B P/E 2026 *
14.8x
P/E 2027 * 13.5x
Enterprise Value 24.61B 21.52B 19.85B 18.33B 34.79B 2,347B 35.37B 237B 93.15B 1,156B 92.39B 90.37B 3,974B EV / Sales 2026 *
2.01x
EV / Sales 2027 * 1.9x
Free-Float
29.54%
Yield 2026 *
3.23%
Yield 2027 * 3.39%
Manager TitleAgeSince
Chief Executive Officer 53 2026-05-05
Director of Finance/CFO - 2025-05-01
Chief Tech/Sci/R&D Officer 63 2010-03-31
Director TitleAgeSince
Director/Board Member 75 2002-12-15
Chairman 72 2003-09-01
Director/Board Member 78 2011-04-20
Change 5-day change 1-year change 3-year change Capi.($)
-.--%-.--% - - 27.64B
-10.00%-6.35%+330.89%+496.69% 25.22B
+1.64%+5.73%+56.55% - 1.75B
0.00%-1.57%+157.73%+575.68% 1.09B
-1.20%+14.42%+17.70%+87.79% 774M
+1.63%-1.96%-28.57%-30.56% 692M
+0.83%+3.05%+1.67%-42.33% 544M
+1.20%+2.71%+64.09%+306.52% 506M
+3.24%-3.90%-18.11%+39.42% 423M
-2.28%-10.02%-22.13%+17.80% 398M
Average -0.49%+1.26%+62.20%+181.37% 3.49B
Weighted average by Cap. -4.19%-8.56%+274.78%+450.49%

Financials

2026 *2027 *
Net sales 12.25B 10.72B 9.89B 9.13B 17.33B 1,169B 17.62B 118B 46.39B 576B 46.01B 45.01B 1,979B 12.75B 11.16B 10.29B 9.5B 18.03B 1,216B 18.34B 123B 48.28B 599B 47.89B 46.84B 2,060B
Net income 1.91B 1.67B 1.54B 1.42B 2.69B 182B 2.74B 18.37B 7.21B 89.53B 7.15B 7B 308B 2.01B 1.76B 1.63B 1.5B 2.85B 192B 2.9B 19.42B 7.63B 94.67B 7.57B 7.4B 325B
Net Debt -3.25B -2.84B -2.62B -2.42B -4.59B -310B -4.67B -31.3B -12.29B -153B -12.19B -11.93B -525B -3.64B -3.18B -2.94B -2.71B -5.15B -347B -5.23B -35.09B -13.78B -171B -13.67B -13.37B -588B
Logo Tenaris
Tenaris S.A. is the world's No. 1 producer of steel pipes used in the oil and gas industries. Net sales break down by activity as follows: - production of pipes (95.1%): unwelded steel pipes (3,135 KT sold in 2025 and welded steel pipes (782 KT sold) primarily for drilling activities. The group also offers accessory products (tubing products, surface coatings, etc.) as well as installation, assembly, logistical support, etc.; - other (4.9%): primarily manufacturing of ducts for the transportation of oil and gas fluids. Net sales are distributed geographically as follows: Europe (7.5%), North America (47.7%), Asia/Pacific/Middle East/Africa (24.9%) and South America (19.9%).
Employees
-
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
27.59USD
Average target price
31.28USD
Spread / Average Target
+13.39%

Quarterly revenue - Rate of surprise