Also trades as TEN.MI.

TS

HoldFallen Favourite

Tenaris S.A. · Energy · Luxembourg · $29.4B cap · $64.9M/day traded

$58.23 +3.3% · close 23 Oct · scored 24 Oct

StockRank up 1.3 since 23 Oct.

Fallen Favourite: A good business, still expensive, and the price is falling.

52
StockRank
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Report expected 4 Nov: the next-year EPS estimate has risen 3.2% over the last 13 weeks.

Quality
73
Value
28
Momentum
45

As of 24 Oct 2026, MoatMap's StockRank for Tenaris S.A. (TS) is 52/100, ranked against 24,000+ stocks in 35 markets (Quality 73, Value 28, Momentum 45, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
15.5x
peers 15.7x
ROE
11.6%
peers 4.8%
D/E
0.0x
peers 0.3x
Dividend %
2.1%
trailing yield

ABOUT TENARIS S.A.

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Tenaris S.A., together with its subsidiaries, manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue11.8B14.9B12.5B12.0B0.6%12.0B12.2B13.0B4.3%
EPS4.326.643.623.66-5.4%3.753.774.207.1%
Shares1.2B1.2B1.1B1.0B-14.3%————
Debt840.9M717.9M582.3M449.0M-18.9%447.0M———
Equity13.9B16.8B16.6B16.6B6.1%————
Op CF1.2B4.4B2.9B2.6B30.6%2.2B———
Inv CF-163.6M-2.7B-1.4B-192.6M—————
Fin CF-178.3M-1.1B-2.4B-2.5B—————
Loading 1Y...
PRICE (1Y) · USD+5.6%
55.056.157.258.359.414 Sep5 Oct23 Oct
SMA 50SMA 200

Price checkIn an uptrendExperimental

Above its 200-day average and 10% below its 52-week high.

The Momentum score still reads 45: it weighs six months of price and earnings revisions, so it trails a turn like this.

SwingsCalm

Calmer than 74% of stocks we rank over the past year (29% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$58.23
RSI (14)
49.2
52-Week Range-9.9% from high
Low $35.10High $64.60

SCORE BREAKDOWN

Quality
73
ROIC
14.2%74.7
ROE
11.6%62.4
GP/Assets
23.1%68.7
Op. Margin
16.7%55.1
FCF/Assets
8.5%76.6
Piotroski
664.8
Int. Cover
50.0x94.9
D/E Ratio
0.03x84.9
Current Ratio
4.07x87.6
Value
28
P/E (TTM)
15.5x48.5
EV/EBITDA
20.7x8.1
P/FCF
17.3x34.8
P/B
3.5x18.4
P/S
2.4x32.8
Div Yield
2.1%28.0
Momentum
45
52W High %
90%67.7
RS 6M
-14%32.4
SMA 50/200
1.02x42.8
EPS Rev 4W
+1.2%69.3
EPS Rev 12W
—N/A
EPS Improve
+12%31.5
Q Growth
-10%20.2

FUNDAMENTALS

Market Cap
$29.4B
P/E (Forward)
13.9x
Gross Margin
38.5%

SECTOR PEERS

Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of TS are excluded.

TickerCompanyMkt CapStockRankSignal
TSTenaris S.A.(you)$29.4B52Hold
SUBC.OLSubsea 7 S.A.$10.1B82Strong Buy
COSH.OLConstellation Oil Services Holding S.A.$1.2B64Hold
CLE.WACoal Energy S.A.$21M2Strong Sell

Peer medians: ROE 4.8% · P/E 15.7x · Gross margin 18.4%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

Tenaris S.A. (TS): Stock Score Summary

Tenaris S.A. (TS) has a MoatMap StockRank of 52/100 based on Quality (73/100), Value (28/100), and Momentum (45/100) factor scores. The current signal is HOLD.

Tenaris S.A., together with its subsidiaries, manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Key Financial Metrics

Price$58.23
Market Cap$29.4B
P/E (TTM)15.53
P/E (Forward)13.87
Price/Book3.47
Return on Equity11.6%
Return on Invested Capital14.2%
Debt/Equity0.03x
Gross Margin38.5%
Operating Margin16.7%
Revenue Growth-3.9%
Dividend Yield2.1%
Free Cash Flow$1.7B

Tenaris S.A. operates in the Oil & Gas Equipment & Services industry, part of the Energy sector (Luxembourg).

Frequently Asked Questions

What is Tenaris S.A.’s (TS) StockRank?
MoatMap’s StockRank for Tenaris S.A. (TS) is 52/100, with a Hold signal. It is a composite of Quality (73), Value (28), and Momentum (45), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Tenaris S.A. have an economic moat?
Tenaris S.A. (TS) has a Quality factor score of 73/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Tenaris S.A. a buy, hold, or sell?
MoatMap’s current signal for Tenaris S.A. (TS) is Hold, based on a StockRank of 52/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Tenaris S.A. in?
Tenaris S.A. (TS) operates in the Energy sector, specifically the Oil & Gas Equipment & Services industry (Luxembourg).