Tenaris (TEN) Stock Price, Fundamentals & Analysis

What TEN does

Tenaris (TEN) is a steel pipe manufacturer serving the energy industry and other industrial applications across North America, South America, Europe, the Middle East, Africa, and Asia Pacific. The company produces steel casings that support well walls during and after drilling, tubing that carries crude oil and natural gas to the surface, line pipes that transport hydrocarbons from wells to refineries and distribution centers, and mechanical and structural pipes for high-pressure fluid transport. Listed on the Borsa Italiana, Tenaris is a major name in the Energy sector alongside companies like Eni (ENI) and Saipem (SPM).

Key numbers explained

• 24,42 EUR is the current share price, down 1,89% today. Over the last 52 weeks it has ranged from 14,54 to 27,82, and the stock is up 62,9% over that period.
• The P/E ratio (price-to-earnings) of 14,9 on trailing earnings and 13,2 on expected earnings shows how much investors pay per unit of profit. Lower values can suggest cheaper valuations, but context matters.
• Dividend yield of 4,21% means Tenaris returns roughly 4.21% of the share price annually to shareholders. The next ex-dividend date is 23 nov. 2026.
• 48% of earnings are paid out as dividends, a moderate payout ratio that leaves room for reinvestment.
• Beta of 0,47 indicates Tenaris has historically been less volatile than the broader market.
• EPS (earnings per share) of 1,64 USD represents the portion of profit attributable to each share over the trailing 12 months.
• A debt-to-equity ratio of 2,6 signals significant leverage, which amplifies both risk and potential returns.
• Return on equity of 11,6% measures how effectively the company generates profit from shareholders' capital.

What to watch

Energy demand, oil and gas investment cycles, and infrastructure spending heavily influence stocks like Tenaris. Global oil prices, regulatory shifts, and capital expenditure decisions by operators affect order volumes for pipe manufacturers. Currency fluctuations matter because Tenaris reports in USD while listed in EUR. Debt levels and operational efficiency are also relevant given the capital-intensive nature of the industry. Comparing Tenaris with peers listed on the Borsa Italiana stocks page can provide useful context.