Tenaris Competitors

TNRSF Stock

USD 18.51 0.37 1.96%

Tenaris SA competes with Fiserv, Schlumberger, Halliburton, Baker Hughes, and Tenaris SA; as well as few others. The company classifies itself under Energy sector and is part of Oil & Gas Equipment & Services industry. Analyzing Tenaris SA competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Tenaris SA to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Tenaris SA Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Tenaris SA competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tenaris SA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

Hype

Prediction

Low	Estimated	High
16.15	18.51	20.87

Details

Intrinsic

Valuation

Low	Real	High
17.78	20.14	22.50

Details

Naive

Forecast

Low	Next	High
15.29	17.66	20.02

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
18.51	18.51	18.51

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tenaris SA. Your research has to be compared to or analyzed against Tenaris SA's peers to derive any actionable benefits. When done correctly, Tenaris SA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tenaris SA.

Tenaris SA Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Tenaris SA and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Tenaris and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Tenaris SA does not affect the price movement of the other competitor.

	FI	SLB	HAL	BKR	TS	FTI	WFRD
FI		0.7	0.69	0.76	0.87	0.81	0.85	FI
SLB	0.7		0.85	0.88	0.79	0.79	0.78	SLB
HAL	0.69	0.85		0.92	0.82	0.92	0.85	HAL
BKR	0.76	0.88	0.92		0.89	0.94	0.9	BKR
TS	0.87	0.79	0.82	0.89		0.94	0.93	TS
FTI	0.81	0.79	0.92	0.94	0.94		0.94	FTI
WFRD	0.85	0.78	0.85	0.9	0.93	0.94		WFRD
	FI	SLB	HAL	BKR	TS	FTI	WFRD

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Tenaris Pink Sheet performing well and Tenaris SA Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Tenaris SA's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FI	0.79	0.07	0.08	0.15	0.83	(0.87)	1.67	(1.76)	4.08
SLB	1.01	(0.06)	(0.04)	0.01	1.70	(1.00)	2.11	(1.80)	9.73
HAL	1.05	0.13	0.09	0.26	1.01	(1.21)	2.54	(1.69)	7.47
BKR	1.07	0.04	0.02	0.13	1.39	(1.14)	2.29	(2.18)	6.48
TS	1.03	0.18	0.16	0.26	0.88	(1.18)	2.20	(1.79)	10.05
FTI	1.44	0.42	0.25	0.61	1.13	(1.64)	3.49	(2.28)	10.18
WFRD	1.95	0.27	0.10	0.35	2.46	(2.29)	4.79	(2.80)	14.47

Tenaris SA Competitive Analysis

The better you understand Tenaris SA competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Tenaris SA's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Tenaris SA's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	TNRSF	FI	SLB	HAL	BKR	TS	FTI	WFRD
	1.96 18.51 Tenaris	2.02 152.25 Fiserv	0.89 49.11 Schlumberger	0.34 38.72 Halliburton	1.00 32.67 Baker	1.45 37.32 Tenaris	0.46 25.72 TechnipFMC	5.86 125.01 Weatherford
Market Volatility (90 Days Market Risk)	Not too volatile	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	OK	OK	Very Weak	Modest	OK	Good	Solid	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Very Low	Very Small	Very Small	Very Small	Very Low	Very Low	Very Low
Current Valuation (Equity Enterprise Value)	Under Valued	Fairly Valued	Under Valued	Under Valued	Under Valued	Under Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Buy	Strong Buy	Strong Buy
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Strong Hold	Hold	Strong Hold	Hold	Strong Buy	Strong Buy	Hold
Current Ratio	2.55 X	3.55 X	1.40 X	2.10 X	1.51 X	2.55 X	1.27 X	3.60 X
Net Asset	14.45 B	90.89 B	47.96 B	24.68 B	36.95 B	21.08 B	9.66 B	5.07 B
Profit Margin	0.21 %	0.17 %	0.13 %	0.11 %	0.08 %	0.26 %	0 %	0.09 %
EBITDA	1.86 B	7.78 B	7.59 B	4.08 B	2.32 B	4.82 B	886.9 M	820 M
Operating Margin	0.22 %	0.24 %	0.16 %	0.17 %	0.12 %	0.23 %	0.10 %	0.17 %
Current Valuation	18.74 B	116.42 B	79.49 B	41.25 B	37.32 B	41.18 B	12.14 B	9.51 B
Price To Book	1.49 X	2.98 X	3.68 X	3.74 X	2.15 X	1.32 X	3.61 X	9.22 X
Retained Earnings	10.9 B	20.44 B	13.5 B	12.54 B	(8.82 B)	16.74 B	(4.99 B)	(1.95 B)
Current Asset	4.99 B	1.02 B	23.93 B	5.56 B	252.52 M	4.99 B	3.93 B	N/A
Five Year Return	2.83 %	N/A	3.86 %	2.29 %	3.04 %	2.87 %	N/A	N/A
Beta	1.58	0.92	1.63	2.03	1.45	1.5	1.65	1.87
Number Of Employees	22.78 K	42 K	111 K	48 K	58 K	29.13 K	21.47 K	18.5 K
Shares Outstanding	1.18 B	588.76 M	1.43 B	886.4 M	997.5 M	574.17 M	437.14 M	72.32 M
Cash Flow From Operations	119.08 M	5.3 B	6.64 B	3.46 B	3.06 B	4.46 B	676.3 M	832 M
Annual Yield	0.03 %	N/A	0.02 %	0.02 %	0.03 %	0.03 %	0.01 %	N/A
Total Debt	111.43 M	23.9 B	11.96 B	8.81 B	6.02 B	717.87 M	1.97 B	2.06 B
Return On Equity	0.16	0.11	0.22	0.29	0.13	0.25	0.0057	0.58
Return On Asset	0.0874	0.0376	0.0777	0.11	0.0465	0.14	0.0379	0.12
Book Value Per Share	11.19 X	48.42 X	15.34 X	10.84 X	15.40 X	14.42 X	7.42 X	15.09 X
Number Of Shares Shorted	N/A	7.72 M	19.39 M	23.74 M	25.2 M	2.04 M	9.2 M	2.78 M
Current Liabilities	1.65 B	189.63 M	15.06 B	3.27 B	125.54 M	1.65 B	2.31 B	N/A
Total Asset	14.45 B	90.89 B	47.96 B	24.68 B	36.95 B	21.08 B	9.66 B	5.07 B
Debt To Equity	0.07 %	0.04 %	0.76 %	1.17 %	0.46 %	0.07 %	0.70 %	5.04 %
Last Dividend Paid	0.45	N/A	1.02	0.65	0.78	0.6	0.1	N/A
Short Ratio	N/A	2.79 X	2.34 X	3.51 X	3.04 X	1.21 X	1.78 X	3.97 X
Target Price	N/A	162.97	67.39	47.67	40.65	42.78	26.21	140.88
Shares Owned By Institutions	15.00 %	94.01 %	84.05 %	87.08 %	97.90 %	11.08 %	99.50 %	97.94 %
Market Capitalization	20.19 B	91.49 B	69.78 B	34.21 B	33.15 B	21.74 B	11.3 B	8.54 B
Price To Earning	148.66 X	(8.83) X	24.66 X	18.84 X	158.33 X	151.03 X	16.51 X	N/A
Price To Earnings To Growth	4.69 X	1.02 X	1.24 X	3.91 X	0.96 X	4.69 X	14.01 X	2.62 X
Price To Sales	1.93 X	4.66 X	2.24 X	1.53 X	1.30 X	1.53 X	1.44 X	1.66 X
Net Income	1.1 B	3.07 B	4.28 B	2.66 B	1.97 B	3.92 B	56.2 M	449 M
Earnings Per Share	1.79 X	4.97 X	3.00 X	2.92 X	1.91 X	6.64 X	0.12 X	5.66 X
Shares Owned By Insiders	60.52 %	0.62 %	0.18 %	0.40 %	0.14 %	N/A	0.94 %	2.06 %
Revenue	6.52 B	19.09 B	33.13 B	23.02 B	25.51 B	14.87 B	7.81 B	5.13 B
Working Capital	3.34 B	1.26 B	4.32 B	5.93 B	3.31 B	7.6 B	726.8 M	1.48 B
Cash And Equivalents	1.2 B	902 M	2.89 B	2.35 B	3.7 B	1.09 B	1.06 B	933 M
Cash Per Share	1.01 X	0.83 X	2.55 X	2.18 X	3.69 X	2.03 X	1.65 X	13.14 X
Gross Profit	1.96 B	9.74 B	5.16 B	3.24 B	4.43 B	4.89 B	896.3 M	1.31 B
Day Typical Price	18.51	153.34	49.29	38.7	32.65	37.31	25.6	121.57
Accumulation Distribution	N/A	63506.63	0.0183	0.0343	0.0311	29281.14	0.0259	0.0826
Market Facilitation Index	N/A	0.0	0.91	1.35	1.03	N/A	0.67	10.32
Daily Balance Of Power	(9,223,372,036,855)	(0.79)	(0.48)	0.0963	(0.32)	(1.25)	(0.18)	0.6705
Period Momentum Indicator	(0.37)	(3.14)	(0.44)	0.13	(0.33)	(0.55)	(0.12)	6.92
Rate Of Daily Change	0.98	0.98	0.99	1.0	0.99	0.99	1.0	1.06
Day Median Price	18.51	153.89	49.39	38.7	32.64	37.31	25.54	119.85
Price Action Indicator	(0.18)	(3.21)	(0.50)	0.09	(0.13)	(0.27)	0.12	8.62
Relative Strength Index	97.8	48.56	58.4	79.3	74.16	67.44	75.27	67.22
Coefficient Of Variation	824.24	618.62	8794.62	659.46	1059.83	534.61	374.35	758.39
Mean Deviation	0.8241	0.7855	1.01	1.05	1.07	1.03	1.44	1.95
Jensen Alpha	0.2574	0.0701	(0.06)	0.1339	0.0385	0.183	0.4168	0.269
Total Risk Alpha	(0.05)	0.0168	(0.20)	0.0105	(0.07)	0.0657	0.2311	(0.02)
Sortino Ratio	0.0831	0.0767	(0.04)	0.0942	0.0233	0.1641	0.2477	0.0989
Downside Variance	4.88	1.07	3.11	1.48	2.2	1.29	2.59	7.44
Standard Deviation	2.3	1.08	1.49	1.38	1.38	1.51	1.85	2.77
Kurtosis	26.47	2.83	7.92	0.8488	1.45	8.41	0.6061	6.41
Potential Upside	0.7626	1.67	2.11	2.54	2.29	2.2	3.49	4.79
Treynor Ratio	2.0	0.1487	0.009	0.2584	0.1258	0.2614	0.6134	0.3525
Maximum Drawdown	17.5	4.08	9.73	7.47	6.48	10.05	10.18	14.47
Variance	5.28	1.17	2.21	1.92	1.89	2.27	3.42	7.66
Market Risk Adjusted Performance	2.01	0.1587	0.019	0.2684	0.1358	0.2714	0.6234	0.3625
Risk Adjusted Performance	0.0829	0.105	0.0129	0.1001	0.0643	0.1225	0.1732	0.09
Skewness	4.9	0.5426	(1.79)	0.3369	(0.77)	1.88	0.3483	(1.07)
Semi Deviation	0.3608	0.8286	1.7	1.01	1.39	0.8772	1.13	2.46
Information Ratio	0.0799	0.0734	(0.05)	0.0828	0.0251	0.1238	0.2156	0.0974
Value At Risk	(1.58)	(1.76)	(1.80)	(1.69)	(2.18)	(1.79)	(2.28)	(2.80)
Expected Short fall	(4.14)	(0.87)	(1.00)	(1.21)	(1.14)	(1.18)	(1.64)	(2.29)
Downside Deviation	2.21	1.03	1.76	1.22	1.48	1.14	1.61	2.73
Semi Variance	0.1302	0.6865	2.89	1.01	1.92	0.7694	1.28	6.03

Tenaris SA Competition Performance Charts

Five steps to successful analysis of Tenaris SA Competition

Tenaris SA's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Tenaris SA in relation to its competition. Tenaris SA's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Tenaris SA in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Tenaris SA's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Tenaris SA, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Tenaris SA position

In addition to having Tenaris SA in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Check out Tenaris SA Correlation with its peers.

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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.

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Please note, there is a significant difference between Tenaris SA's value and its price as these two are different measures arrived at by different 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.

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Tenaris Competitors

Specify up to 10 symbols:

Tenaris SA Competition Correlation Matrix

Risk-Adjusted Indicators

Tenaris SA Competitive Analysis

Tenaris SA Competition Performance Charts

Five steps to successful analysis of Tenaris SA Competition

Complement your Tenaris SA position

Did You Try This Idea?

Run Cars Thematic Idea Now

Cars

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