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TS

Tenaris S.A.

TSEnergyNASDAQ

Oil & Gas Equipment & Services

PriceMA150MA200
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Indicator snapshot
MA150+24.11%
$48.34

Price above medium-term moving average.

MA200+33.44%
$44.96

Above long-term trend line.

RSI-14neutral
47.9

Balanced. Not overbought, not oversold.

MACDnegative
-0.2331

Histogram negative — downward momentum.

Financials · Annual
Revenue
$11.98B
-4.3% YoY
Net Income
$1.93B
-5.1% YoY
EBITDA
$3.14B
-3.5% YoY
Free Cash Flow
$1.30B

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About Tenaris S.A.

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. Valued at $30.28B, TS is a large-cap name in its sector. It provides steel casings to sustain the walls of oil and gas wells during and after drilling; steel tubing for conducting crude oil and natural gas to the surface after drilling has been completed; steel line pipes to transport crude oil and natural gas from wells to refineries, storage tanks, and loading and distribution centers; and mechanical and structural pipes for the transportation of other forms of gas and liquids under high pressure.

Key stats
Market Cap$30.28B
P/E (TTM)15.79
Fwd P/E15.00
EPS$3.80
Beta0.49
52W Change+79.3%
Dividend Yield2.97%
ROE11.6%
Analysis

With $3.42B in cash and $473.5M in debt, TS maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow comes in at $1.30B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 11.6%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 7.0% suggests reasonable efficiency in deploying the company's asset base. Revenue has been relatively flat, moving from $11.76B (2022) to $11.98B (2025).

The relatively low beta of 0.49 suggests TS is a less volatile holding compared to the broader index. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. No single metric tells the full story. Reviewing TS's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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