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Energy - Oil & Gas Equipment & Services - NYSE - LU
$ 37.0
0.108 %
$ 21.9 B
Market Cap
8.04
P/E
1. INTRINSIC VALUE

Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products; and provides related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, cold-drawn pipes, and premium joints and couplings; coiled tubing products for oil and gas drilling and workovers, and subsea pipelines; and umbilical tubing products; and tubular accessories. It also provides sucker rods, industrial equipment, heat exchangers, and utility conduits for buildings, as well as sells energy and raw materials. In addition, it offers financial services. The company operates in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.[ Read More ]

The intrinsic value of one TS stock under the base case scenario is HIDDEN Compared to the current market price of 37 USD, Tenaris S.A. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TS

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FINANCIALS
14.9 B REVENUE
26.41%
4.32 B OPERATING INCOME
45.66%
3.92 B NET INCOME
53.73%
4.46 B OPERATING CASH FLOW
282.44%
-2.69 B INVESTING CASH FLOW
-1542.58%
-1.13 B FINANCING CASH FLOW
-530.81%
2.92 B REVENUE
-12.23%
537 M OPERATING INCOME
4.96%
459 M NET INCOME
37.00%
552 M OPERATING CASH FLOW
-44.17%
-409 M INVESTING CASH FLOW
4.01%
-318 M FINANCING CASH FLOW
68.81%
Balance Sheet Decomposition Tenaris S.A.
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Current Assets 10.5 B
Cash & Short-Term Investments 3.61 B
Receivables 2.76 B
Other Current Assets 4.14 B
Non-Current Assets 10.6 B
Long-Term Investments 2.12 B
PP&E 6.21 B
Other Non-Current Assets 2.25 B
Current Liabilities 2.9 B
Accounts Payable 1.11 B
Short-Term Debt 573 M
Other Current Liabilities 1.22 B
Non-Current Liabilities 1.15 B
Long-Term Debt 145 M
Other Non-Current Liabilities 1 B
EFFICIENCY
Earnings Waterfall Tenaris S.A.
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Revenue 14.9 B
Cost Of Revenue 8.67 B
Gross Profit 6.2 B
Operating Expenses 1.88 B
Operating Income 4.32 B
Other Expenses 398 M
Net Income 3.92 B
RATIOS
41.70% GROSS MARGIN
41.70%
29.03% OPERATING MARGIN
29.03%
26.35% NET MARGIN
26.35%
23.26% ROE
23.26%
18.58% ROA
18.58%
21.08% ROIC
21.08%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Tenaris S.A.
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Net Income 3.92 B
Depreciation & Amortization 549 M
Capital Expenditures -619 M
Stock-Based Compensation 0
Change in Working Capital 182 M
Others -184 M
Free Cash Flow 3.84 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Tenaris S.A.
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Wall Street analysts predict an average 1-year price target for TS of $40.7 , with forecasts ranging from a low of $37 to a high of $43 .
TS Lowest Price Target Wall Street Target
37 USD 0.00%
TS Average Price Target Wall Street Target
40.7 USD 9.91%
TS Highest Price Target Wall Street Target
43 USD 16.22%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.54 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Tenaris S.A.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Tenaris to Commence a USD 700 million Share Buyback Program LUXEMBOURG, Nov. 10, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its USD700 million Share Buyback Program (the “Program”) announced on November 6, 2024, to be executed in the open market, it has entered into a non-discretionary buyback agreement with a primary financial institution (the “Bank”). globenewswire.com - 6 days ago
Tenaris S.A. (TS) Q3 2024 Earnings Call Transcript Tenaris S.A. (NYSE:TS ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Giovanni Sardagna - Director of IR Paolo Rocca - Chairman & CEO Alicia Mondolo - CFO Gabriel Podskubka - COO Luca Zanotti - President, US Operations Conference Call Participants Alessandro Pozzi - Mediobanca Arun Jayaram - JPMorgan Securities LLC Marc Bianchi - TD Cowen Stephen Gengaro - Stifel Rodrigo Almeida - Santander Operator Good day and thank you for standing by. seekingalpha.com - 1 week ago
Tenaris (TS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates While the top- and bottom-line numbers for Tenaris (TS) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 1 week ago
Tenaris Announces 2024 Third Quarter Results The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Free Cash Flow, Net cash / debt and Operating working capital days. See exhibit I for more details on these alternative performance measures. globenewswire.com - 1 week ago
Countdown to Tenaris (TS) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS Beyond analysts' top -and-bottom-line estimates for Tenaris (TS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024. zacks.com - 2 weeks ago
Tenaris: Betting On The Backbone Of The Oil Network Tenaris S.A. is a global, but under-followed leader, in steel pipe manufacturing for the oil and gas industry. It also has a growing exposure to geothermal, hydrogen, and carbon capture storage applications. The company showcases a robust balance sheet and extremely lean and efficient operations that make it generate billions in free cash flow in any market condition. seekingalpha.com - 1 month ago
Tenaris completes Fourth and Last Tranche of its USD1.2 Billion Share Buyback Program LUXEMBOURG, Aug. 04, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today the completion of the fourth and last tranche of its USD1.2 billion Share Buyback Program announced on November 1, 2023 (the “Program”). globenewswire.com - 3 months ago
Tenaris (TS) Reports Q2 Earnings: What Key Metrics Have to Say While the top- and bottom-line numbers for Tenaris (TS) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 3 months ago
Tenaris Announces 2024 Second Quarter Results The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Free Cash Flow, Net cash / debt and Operating working capital days. See exhibit I for more details on these alternative performance measures. globenewswire.com - 3 months ago
Get Your Money Out of These 3 Energy Stocks by 2025 Energy stocks soared in 2022 as prices rose with a rapid rise in demand after COVID lockdowns were lifted and supply shocks due to the Ukrainian war. However, they have since declined, suffering a big blow in 2023 when energy prices remained flat. investorplace.com - 3 months ago
Tenaris: Up And Down We Go - And Now A Buy Tenaris is a top player in the energy servicing sector, controlling nearly half of the global OCTG market. Italy-based with listings in Milan and NYSE, making it an attractive European investment potential. Rig Direct program enhances customer relationships and production efficiency, adding considerable value to the company. seekingalpha.com - 3 months ago
Tenaris: Holding Was The Right Choice, Upgrading To A Buy (Rating Upgrade) Tenaris is an attractive company in the energy servicing sector. The company has recently dropped quite a bit, and is now more attractive than a few months ago. There's upside to be had, despite the company's relatively flat growth outlook for 2024 and 2025. I am upgrading the company to a "BUY" here, from a "HOLD". seekingalpha.com - 4 months ago
8. Profile Summary

Tenaris S.A. TS

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COUNTRY LU
INDUSTRY Oil & Gas Equipment & Services
MARKET CAP $ 21.9 B
Dividend Yield 0.00%
Description Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products; and provides related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, cold-drawn pipes, and premium joints and couplings; coiled tubing products for oil and gas drilling and workovers, and subsea pipelines; and umbilical tubing products; and tubular accessories. It also provides sucker rods, industrial equipment, heat exchangers, and utility conduits for buildings, as well as sells energy and raw materials. In addition, it offers financial services. The company operates in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Tenaris S.A. was incorporated in 2001 and is based in Luxembourg, Luxembourg. Tenaris S.A. is a subsidiary of Techint Holdings S.à r.l.
Contact 26, Boulevard Royal, Luxembourg City, 2449 https://www.tenaris.com
IPO Date Dec. 16, 2002
Employees 29134
Officers Mr. Luis Scartascini Chief Human Resources Officer Mr. Javier Martinez Alvarez President of Southern Cone Mr. Gabriel Podskubka Chief Operating Officer Mr. Luca Zanotti President of United States Mr. Marcelo Ramos Chief Technology Officer Mr. Gabriel Casanova Chief Supply Chain Officer Mr. Giovanni Sardagna Investor Relations Director Mr. Sergio de la Maza President of Mexico Mr. Paolo Rocca Chairman & Chief Executive Officer Ms. Alicia Mondolo Chief Financial Officer