Valuation: Tenaris S.A.

Market Cap 28.11B 24.98B 23.31B 21.25B 40.08B 2,703B 40.45B 282B 109B 1,382B 106B 103B 4,434B P/E 2026 *
14.8x
P/E 2027 * 13.2x
Enterprise Value 24.74B 21.99B 20.52B 18.7B 35.27B 2,379B 35.6B 248B 96.23B 1,216B 92.9B 90.89B 3,903B EV / Sales 2026 *
2.02x
EV / Sales 2027 * 1.88x
Free-Float
31.37%
Yield 2026 *
5.03%
Yield 2027 * 5.25%
1 day+2.23%
1 week+2.02%
Current month+2.24%
1 month+2.19%
3 months+4.35%
6 months-1.63%
Current year+52.33%
1 week 24.09
Extreme 24.09
24.7
1 month 23.77
Extreme 23.77
24.7
Current year 16.46
Extreme 16.455
27.51
1 year 14.56
Extreme 14.56
27.51
3 years 12.39
Extreme 12.39
27.51
5 years 8.72
Extreme 8.724
27.51
10 years 3.8
Extreme 3.797
27.51
Manager TitleAgeSince
Chief Executive Officer 53 05/05/2026
Director of Finance/CFO - 01/05/2025
Chief Tech/Sci/R&D Officer 63 31/03/2010
Director TitleAgeSince
Director/Board Member 75 15/12/2002
Chairman 73 01/09/2003
Director/Board Member 78 20/04/2011
Change 5-day change 1-year change 3-year change Capi.($)
+2.21%+2.02% - - 28.11B
+0.16%-5.43%+42.27%-12.70% 72.34B
+0.68%-3.16%+15.46%+68.98% 55.59B
+1.66%+1.45%+61.33%+74.60% 28.11B
-0.04%-3.06%+80.91%+257.14% 26.99B
-0.09%-2.78%+31.02%-16.78% 26.54B
+0.40%-5.00%+97.88%+245.63% 16.77B
+1.13%-2.30%+52.79%+134.06% 9.82B
+1.18%-1.11%+69.42%+206.52% 9.44B
-0.58%-5.34%+37.23%-2.49% 6.7B
Average +0.63%-2.94%+54.26%+106.11% 28.03B
Weighted average by Cap. +0.52%-3.34%+46.42%+74.82%

Financials

2026 *2027 *
Net sales 12.27B 10.9B 10.18B 9.27B 17.49B 1,180B 17.65B 123B 47.72B 603B 46.07B 45.07B 1,935B 13.05B 11.6B 10.82B 9.87B 18.61B 1,255B 18.78B 131B 50.76B 641B 49B 47.94B 2,059B
Net income 1.91B 1.7B 1.58B 1.44B 2.72B 183B 2.75B 19.16B 7.42B 93.81B 7.17B 7.01B 301B 2.1B 1.86B 1.74B 1.59B 2.99B 202B 3.02B 21.06B 8.16B 103B 7.88B 7.71B 331B
Net Debt -3.37B -2.99B -2.79B -2.55B -4.8B -324B -4.85B -33.81B -13.1B -166B -12.65B -12.37B -531B -3.57B -3.17B -2.96B -2.7B -5.09B -343B -5.14B -35.83B -13.88B -175B -13.4B -13.11B -563B
Logo Tenaris S.A.
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
26,000
Date Price Change Volume
05/10/26 €24.70 +0.37% 0
02/10/26 €24.61 +2.16% 30
01/10/26 €24.09 -0.29% 700
30/09/26 €24.16 -1.79% 0
29/09/26 €24.60 +1.61% 0
Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
27.84USD
Average target price
31.37USD
Spread / Average Target
+12.65%

Quarterly revenue - Rate of surprise