Tenaris SA
MIL:TEN

Watchlist Manager
Tenaris SA Logo
Tenaris SA
MIL:TEN
Watchlist
Price: 13.79 EUR -1.75% Market Closed
Market Cap: 16B EUR

Relative Value

The Relative Value of one TEN stock under the Base Case scenario is 13.43 EUR. Compared to the current market price of 13.79 EUR, Tenaris SA is Overvalued by 3%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TEN Relative Value
Base Case
13.43 EUR
Overvaluation 3%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
61
vs Industry
47
Median 3Y
1.4
Median 5Y
1.6
Industry
2
Forward
1.4
vs History
34
vs Industry
24
Median 3Y
7
Median 5Y
7
Industry
15.3
Forward
7.4
vs History
57
vs Industry
20
Median 3Y
7.1
Median 5Y
7.1
Industry
9.4
vs History
33
vs Industry
18
Median 3Y
8
Median 5Y
7.8
Industry
12.5
vs History
63
vs Industry
36
Median 3Y
1.2
Median 5Y
1.1
Industry
1.5
vs History
60
vs Industry
52
Median 3Y
1.2
Median 5Y
1.4
Industry
3
Forward
1.1
vs History
57
vs Industry
47
Median 3Y
3.3
Median 5Y
3.8
Industry
6.2
vs History
66
vs Industry
24
Median 3Y
4.5
Median 5Y
5.5
Industry
10.1
Forward
4.7
vs History
57
vs Industry
23
Median 3Y
5.6
Median 5Y
6.6
Industry
12
Forward
6
vs History
60
vs Industry
21
Median 3Y
6.1
Median 5Y
6.1
Industry
10.2
vs History
39
vs Industry
17
Median 3Y
6.6
Median 5Y
5.8
Industry
11.2
vs History
66
vs Industry
37
Median 3Y
1
Median 5Y
0.9
Industry
1.5

Multiples Across Competitors

TEN Competitors Multiples
Tenaris SA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
LU
Tenaris SA
MIL:TEN
15B EUR 1.4 8.3 4.5 5.6
US
Schlumberger NV
NYSE:SLB
47.6B USD 1.3 10.7 6.1 8.5
US
Baker Hughes Co
NASDAQ:BKR
37.6B USD 1.3 12.6 8.6 11.5
US
Halliburton Co
NYSE:HAL
18.3B USD 0.8 7.3 4.6 5.8
UK
TechnipFMC PLC
NYSE:FTI
10.6B USD 1.2 12.6 7.3 10.3
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
39.3B CNY 0.8 10.9 8.2 8.2
FR
Technip Energies NV
PAR:TE
4.8B EUR 0.7 12.2 4.4 5.5
US
ChampionX Corp
NASDAQ:CHX
4.7B USD 1.3 14.6 6.2 9.2
US
Nov Inc
NYSE:NOV
4.5B USD 0.5 7.1 4.3 6
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
31.7B CNY 2.4 12.8 11.2 11.2
FR
Vallourec SA
PAR:VK
3.5B EUR 0.9 7.7 4.4 6.2