Is Tenaris SA Stock a Good Investment?

Tenaris SA Investment Advice

  TS
To provide specific investment advice or recommendations on Tenaris SA ADR stock, we recommend investors consider the following general factors when evaluating Tenaris SA ADR. This will help you to make an informed decision on whether to include Tenaris SA in one of your diversified portfolios:
  • Examine Tenaris SA's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research Tenaris SA's leadership team and their track record. Good management can help Tenaris SA navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Oil & Gas Equipment & Services space and any emerging trends that could impact Tenaris SA's business and its evolving consumer preferences.
  • Compare Tenaris SA's performance and market position to its competitors. Analyze how Tenaris SA is positioned in terms of product offerings, innovation, and market share.
  • Check if Tenaris SA pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about Tenaris SA's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Tenaris SA ADR stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Tenaris SA ADR is a good investment.
 
Sell
 
Buy
Strong Hold
Our recommendation module can be used to complement Tenaris SA ADR trade recommendation provided by average analyst sentiment. It analyzes the firm's potential to grow using fundamental, technical, data market data available at the time. To make sure Tenaris SA ADR is not overpriced, please validate all Tenaris SA fundamentals, including its ebitda, target price, last dividend paid, as well as the relationship between the current ratio and working capital . Given that Tenaris SA ADR has a price to book of 1.32 X, we advise you to double-check Tenaris SA ADR market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Market Performance

InsignificantDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails

Examine Tenaris SA Stock

Researching Tenaris SA's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company has price-to-book ratio of 1.32. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Tenaris SA ADR has Price/Earnings (P/E) ratio of 151.03. The entity recorded earning per share (EPS) of 6.0. The firm last dividend was issued on the 20th of May 2024. Tenaris SA had 5:1 split on the 27th of April 2006.
To determine if Tenaris SA is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Tenaris SA's research are outlined below:
Earnings surprises can significantly impact Tenaris SA's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Tenaris SA's investors have experienced.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2016-04-28
2016-03-310.020.030.0150 
2020-08-05
2020-06-30-0.06-0.08-0.0233 
2017-02-24
2016-12-310.030.01-0.0266 
2016-08-03
2016-06-300.01-0.02-0.03300 
2003-08-07
2003-06-300.120.150.0325 
2017-08-03
2017-06-300.090.130.0444 
2019-02-20
2018-12-310.430.38-0.0511 
2016-11-03
2016-09-30-0.020.030.05250 

Tenaris SA Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Tenaris target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Tenaris SA's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   12  Buy
Most Tenaris analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Tenaris stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Tenaris SA ADR, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Tenaris SA Target Price Projection

Tenaris SA's current and average target prices are 34.12 and 41.80, respectively. The current price of Tenaris SA is the price at which Tenaris SA ADR is currently trading. On the other hand, Tenaris SA's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Tenaris SA Market Quote on 11th of May 2024

Low Price34.08Odds
High Price34.88Odds

34.12

Target Price

Analyst Consensus On Tenaris SA Target Price

Low Estimate38.04Odds
High Estimate46.4Odds

41.8

Historical Lowest Forecast  38.04 Target Price  41.8 Highest Forecast  46.4
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Tenaris SA ADR and the information provided on this page.

Tenaris SA Analyst Ratings

Tenaris SA's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Tenaris SA stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Tenaris SA's financials, market performance, and future outlook by experienced professionals. Tenaris SA's historical ratings below, therefore, can serve as a valuable tool for investors.

Know Tenaris SA's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Tenaris SA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tenaris SA ADR backward and forwards among themselves. Tenaris SA's institutional investor refers to the entity that pools money to purchase Tenaris SA's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Morgan Stanley - Brokerage Accounts2023-12-31
1.6 M
Sourcerock Group Llc2023-12-31
1.3 M
Blackrock Inc2023-12-31
1.1 M
Weiss Multi-strategy Advisers Llc2023-12-31
M
Wellington Management Company Llp2023-12-31
M
Renaissance Technologies Corp2023-12-31
831.3 K
Driehaus Capital Management Llc2023-12-31
816.4 K
D. E. Shaw & Co Lp2023-09-30
801 K
Marshall Wace Asset Management Ltd2023-12-31
694.8 K
Westwood Global Investments Llc2023-12-31
8.8 M
Orbis Allan Gray Ltd2023-12-31
7.5 M
Note, although Tenaris SA's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Tenaris SA's market capitalization trends

The company currently falls under 'Large-Cap' category with a market capitalization of 19.67 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tenaris SA's market, we take the total number of its shares issued and multiply it by Tenaris SA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

11.16 Billion

Tenaris SA's profitablity analysis

Tenaris SA's profitability indicators refer to fundamental financial ratios that showcase Tenaris SA's ability to generate income relative to its revenue or operating costs. If, let's say, Tenaris SA is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Tenaris SA's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Tenaris SA's profitability requires more research than a typical breakdown of Tenaris SA's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.20  0.11 
Return On Capital Employed 0.23  0.17 
Return On Assets 0.19  0.20 
Return On Equity 0.23  0.15 
The company has Net Profit Margin (PM) of 0.25 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.24 %, which signifies that for every $100 of sales, it has a net operating income of $0.24.
Determining Tenaris SA's profitability involves analyzing its financial statements and using various financial metrics to determine if Tenaris SA is a good buy. For example, gross profit margin measures Tenaris SA's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Tenaris SA's profitability and make more informed investment decisions.
The data published in Tenaris SA's official financial statements usually reflect Tenaris SA's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Tenaris SA ADR. For example, before you start analyzing numbers published by Tenaris accountants, it's critical to develop an understanding of what Tenaris SA's liquidity, profitability, and earnings quality are in the context of the Energy Equipment & Services space in which it operates.
Please note, the presentation of Tenaris SA's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tenaris SA's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Tenaris SA's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tenaris SA ADR. Please utilize our Beneish M Score to check the likelihood of Tenaris SA's management manipulating its earnings.

Evaluate Tenaris SA's management efficiency

Tenaris SA ADR has Return on Asset (ROA) of 0.1175 % which means that for every $100 of assets, it generated a profit of $0.1175. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.2182 %, which means that it produced $0.2182 on every 100 dollars invested by current stockholders. Tenaris SA's management efficiency ratios could be used to measure how well Tenaris SA manages its routine affairs as well as how well it operates its assets and liabilities. Return On Assets is likely to gain to 0.20 in 2024, whereas Return On Tangible Assets are likely to drop 0.11 in 2024. At this time, Tenaris SA's Other Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.20 in 2024, whereas Total Assets are likely to drop slightly above 13.8 B in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 28.58  30.01 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 26.56  27.89 
Enterprise Value Over EBITDA 4.06  7.51 
Price Book Value Ratio 1.22  2.21 
Enterprise Value Multiple 4.06  7.51 
Price Fair Value 1.22  2.21 
Enterprise Value18.5 B11.4 B
The analysis of Tenaris SA's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Tenaris SA's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Tenaris Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0352
Forward Dividend Yield
0.0352
Forward Dividend Rate
1.2
Beta
1.524

Basic technical analysis of Tenaris Stock

As of the 11th of May 2024, Tenaris SA has the Coefficient Of Variation of 1391.98, risk adjusted performance of 0.051, and Semi Deviation of 1.74. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tenaris SA ADR, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Tenaris SA ADR, which can be compared to its competition. Please validate Tenaris SA ADR variance and potential upside to decide if Tenaris SA is priced more or less accurately, providing market reflects its prevalent price of 34.12 per share. Given that Tenaris SA ADR has jensen alpha of 0.0338, we advise you to double-check Tenaris SA ADR's current market performance to make sure the company can sustain itself at a future point.

Understand Tenaris SA's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Tenaris SA's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

Consider Tenaris SA's intraday indicators

Tenaris SA intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tenaris SA stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Tenaris SA Corporate Filings

6K
2nd of May 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
28th of March 2024
Other Reports
ViewVerify
F3
22nd of January 2024
An amendment to the original Schedule 13D filing
ViewVerify
Tenaris SA time-series forecasting models is one of many Tenaris SA's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Tenaris SA's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Tenaris Stock media impact

Far too much social signal, news, headlines, and media speculation about Tenaris SA that are available to investors today. That information is available publicly through Tenaris media outlets and privately through word of mouth or via Tenaris internal channels. However, regardless of the origin, that massive amount of Tenaris data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Tenaris SA news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Tenaris SA relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Tenaris SA's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Tenaris SA alpha.

Tenaris SA Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Tenaris SA can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Tenaris SA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Dashboard Now

   

Portfolio Dashboard

Portfolio dashboard that provides centralized access to all your investments
All  Next Launch Module

Tenaris SA Corporate Directors

Tenaris SA corporate directors refer to members of a Tenaris SA board of directors. The board of directors generally takes responsibility for the Tenaris SA's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Tenaris SA's board members must vote for the resolution. The Tenaris SA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Yves SpeeckaertIndependent DirectorProfile
Monica TiubaIndependent DirectorProfile
Roberto BonattiDirectorProfile
Giovanni SardagnaDirector of Invester RelationsProfile

How to buy Tenaris Stock?

To provide specific investment advice or recommendations on Tenaris SA ADR stock, we recommend investors consider the following general factors when evaluating Tenaris SA ADR. This will help you to make an informed decision on whether to include Tenaris SA in one of your diversified portfolios:
  • Examine Tenaris SA's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research Tenaris SA's leadership team and their track record. Good management can help Tenaris SA navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Oil & Gas Equipment & Services space and any emerging trends that could impact Tenaris SA's business and its evolving consumer preferences.
  • Compare Tenaris SA's performance and market position to its competitors. Analyze how Tenaris SA is positioned in terms of product offerings, innovation, and market share.
  • Check if Tenaris SA pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about Tenaris SA's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Tenaris SA ADR stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Tenaris SA ADR is a good investment.

Already Invested in Tenaris SA ADR?

The danger of trading Tenaris SA ADR is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tenaris SA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tenaris SA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tenaris SA ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Tenaris SA ADR is a strong investment it is important to analyze Tenaris SA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tenaris SA's future performance. For an informed investment choice regarding Tenaris Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenaris SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Tenaris Stock analysis

When running Tenaris SA's price analysis, check to measure Tenaris SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tenaris SA is operating at the current time. Most of Tenaris SA's value examination focuses on studying past and present price action to predict the probability of Tenaris SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenaris SA's price. Additionally, you may evaluate how the addition of Tenaris SA to your portfolios can decrease your overall portfolio volatility.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Is Tenaris SA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenaris SA. If investors know Tenaris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenaris SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Dividend Share
0.6
Earnings Share
6
Revenue Per Share
12.073
Quarterly Revenue Growth
(0.17)
The market value of Tenaris SA ADR is measured differently than its book value, which is the value of Tenaris that is recorded on the company's balance sheet. Investors also form their own opinion of Tenaris SA's value that differs from its market value or its book value, called intrinsic value, which is Tenaris SA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenaris SA's market value can be influenced by many factors that don't directly affect Tenaris SA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Tenaris SA's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Tenaris SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenaris SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.