Tenaris S.A. (TEN.MI) stock analysis

In our weekly check, Tenaris S.A. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 5, red flags: 2.

About Tenaris S.A.

Tenaris S.A. is an Energy company (Oil & Gas Equipment & Services) based in Luxembourg, listed on MIL as TEN.MI.

What our checks show for TEN.MI

Red flags

• The stock has fallen as much as 84% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 5.3 years.

Warning signs

• The net margin fell by 1 points over 5 years, to 15.9%: the company keeps less of each sale as profit.
• Analysts expect only about 4.3% a year of growth in revenue.
• Revenue grew only 0.5% a year over the last 3 years.
• Earnings per share fell 4.7% a year over the last 3 years.
• Net profit fell 9.4% a year over the last 3 years.

Strengths

• Debt is low: 0.03x equity.
• Operating profit covers interest 45.9 times over.
• The gross margin is 33.7% and has risen by 4.4 points: pricing power is holding.
• Operating cash flow is 1.2x net profit: the profit arrives as real cash.
• Free cash flow is 14.7% of revenue: cash for dividends, buybacks or growth.
• The dividend takes 47% of profit: there is a cushion.

Next earnings report: 2026-11-04

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Questions

What grade does Tenaris S.A. (TEN.MI) have?

In our weekly check, Tenaris S.A. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 5, red flags: 2. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of TEN.MI stock?

This week's biggest flags for Tenaris S.A.: Deep past fall, Slow recovery after falls, Margins falling. In total 7 of 25 checks show a warning or a red flag.

What does Tenaris S.A. do?

Tenaris S.A. is an Energy company (Oil & Gas Equipment & Services) based in Luxembourg, listed on MIL as TEN.MI.

When does Tenaris S.A. report earnings next?

The next earnings report is expected on 2026-11-04. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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