Tenaris Competitors

TW1 Stock

EUR 35.80 0.60 1.70%

Tenaris SA competes with Zijin Mining, Jacquet Metal, Harmony Gold, Evolution Mining, and MGIC INVESTMENT; 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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Hype

Prediction

Low	Estimated	High
34.00	35.80	37.60

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Intrinsic

Valuation

Low	Real	High
32.22	40.10	41.90

Details

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 stocks. 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.

	FJZ	I43	HAM	GG7	WE7	MGC	3YB	CUG
FJZ		0.84	0.68	0.48	0.72	0.29	0.79	0.0	FJZ
I43	0.84		0.73	0.32	0.79	0.34	0.73	0.06	I43
HAM	0.68	0.73		0.11	0.8	0.25	0.46	-0.15	HAM
GG7	0.48	0.32	0.11		0.37	0.42	0.49	0.12	GG7
WE7	0.72	0.79	0.8	0.37		0.53	0.72	-0.04	WE7
MGC	0.29	0.34	0.25	0.42	0.53		0.56	-0.01	MGC
3YB	0.79	0.73	0.46	0.49	0.72	0.56		0.06	3YB
CUG	0.0	0.06	-0.15	0.12	-0.04	-0.01	0.06		CUG
	FJZ	I43	HAM	GG7	WE7	MGC	3YB	CUG

Click cells to compare fundamentals

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High positive correlations

I43	+ 0.84	FJZ
WE7	+ 0.8	HAM
3YB	+ 0.79	FJZ
WE7	+ 0.79	I43
HAM	+ 0.73	I43
3YB	+ 0.73	I43

High negative correlations

CUG	- 0.15	HAM
CUG	- 0.04	WE7
CUG	- 0.01	MGC
CUG	- 0.0	FJZ

Risk-Adjusted Indicators

There is a big difference between Tenaris Stock 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
FJZ	3.16	0.17	0.00	(0.20)	4.01	(3.38)	6.75	(7.57)	18.51
I43	1.07	0.00	(0.07)	0.69	1.57	(1.15)	2.53	(2.95)	7.95
HAM	2.96	(0.10)	(0.01)	0.05	3.31	(3.33)	7.88	(5.38)	14.78
GG7	1.67	0.23	0.04	(5.85)	1.89	(2.14)	3.28	(3.93)	11.91
WE7	1.59	0.28	0.10	0.89	1.58	(2.09)	3.59	(2.48)	10.84
MGC	0.82	0.12	0.02	0.43	1.11	(1.30)	2.38	(1.75)	7.88
3YB	1.74	0.22	0.02	(0.43)	1.89	(3.20)	4.35	(3.85)	17.99
CUG	0.15	0.01	0.00	0.05	0.00	0.00	0.00	0.00	9.76

Unable to evaluate fundamental data of [FJZ.F, I43.F, HAM.F, GG7.F, WE7.F, MGC.MU, 3YB.F, CUG.F] at this time. Please try again later

All Fundamental Data

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

	TW1	FJZ	I43	HAM	GG7	WE7	MGC	3YB	CUG
	1.70 35.80 Tenaris	1.12 1.81 Zijin	2.03 15.48 Jacquet	8.14 9.30 Harmony	1.16 1.70 GRIFFIN	0.66 3.05 Evolution	2.46 25.00 MGIC	1.82 0.54 Postal	0.00 0.01 Chuangs
Market Volatility (90 Days Market Risk)	Very steady	Dangerous	Not too volatile	Slightly risky	Very risky	Slightly risky	Very steady	Abnormally volatile	Out of control
Market Performance (90 Days Performance)	Strong	Weak	Weak	Weak	Insignificant	Good	OK	Insignificant	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Quite High	About Average	Low	Low	Low	Quite High
Current Valuation (Equity Enterprise Value)	Under Valued	Over Valued	Over Valued	Over Valued	Over Valued	Under Valued	Fairly Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Buy	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Buy	Strong Hold	Strong Sell	Strong Sell
Current Ratio	2.94	0.85	2.2	1.38	N/A	2.31	N/A	N/A	2.04
Net Asset	17.55 B	208.59 B	1.46 B	46.81 B	N/A	6.63 B	6.21 B	12.59 T	6.68 B
Profit Margin	0.22	0.0808	0.0751	-0.0247	N/A	0.15	N/A	0.29	N/A
EBITDA	3.82 B	34.76 B	196.37 M	(340 M)	N/A	934.1 M	N/A	N/A	393.93 M
Operating Margin	0.25	0.11	0.1	0.099	N/A	0.19	N/A	0.31	-0.68
Current Valuation	18.22 B	48.72 B	696.51 M	2.12 B	N/A	4.23 B	4.1 B	(696.14 B)	(22.94 M)
Price To Book	1.46	2.97	0.6	1.26	N/A	1.61	0.86	0.47	0.12
Five Year Return	2.95	3.52	3.48	N/A	N/A	1.93	N/A	N/A	8.2
Beta	1.58	1.48	1.3	0.82	N/A	0.53	N/A	0.44	0.42
Number Of Employees	25.29 K	43.88 K	3.08 K	9	N/A	27	N/A	178.25 K	109
Shares Outstanding	590.27 M	5.74 B	22.85 M	618.03 M	N/A	1.84 B	N/A	19.86 B	2.35 B
Cash Flow From Operations	1.17 B	26.07 B	7.81 M	6.92 B	N/A	776.68 M	650.01 M	(941.36 B)	(50.69 M)
Annual Yield	0.0303	0.0204	0.0541	0.0132	N/A	0.0149	0.0188	0.0629	0.19
Total Debt	46.43 M	49.42 B	307 M	3.18 B	N/A	1.67 B	662.81 M	220.09 B	764.54 M
Return On Equity	0.2	0.24	0.38	-0.033	N/A	0.11	N/A	0.11	-0.16
Z Score	N/A	1.0	1.6	N/A	N/A	0.6	3.6	N/A	N/A
Return On Asset	0.12	0.0738	0.11	0.0552	N/A	0.0444	N/A	0.0067	-0.0061
Book Value Per Share	5.89	3.23	28.75	48.73	N/A	1.77	N/A	8.84	1.65
Total Asset	17.55 B	208.59 B	1.46 B	46.81 B	N/A	6.63 B	6.21 B	12.59 T	6.68 B
Debt To Equity	9.2	85.1	107.6	23.2	N/A	15.0	N/A	N/A	48.2
Target Price	25.65	N/A	N/A	3.32	N/A	N/A	N/A	N/A	N/A
Last Dividend Paid	0.51	0.2	1.0	0.62	N/A	0.05	N/A	0.25	0.02
Shares Owned By Institutions	11.3	50.09	31.28	33.97	N/A	53.06	N/A	25.44	1.79
Market Capitalization	18.25 B	42.04 B	455.78 M	1.81 B	N/A	3.32 B	4.12 B	58.18 B	70.5 M
Price To Earning	12.08	11.61	7.58	N/A	N/A	26.87	N/A	6.28	3.47
Price To Earnings To Growth	4.6	N/A	N/A	N/A	N/A	N/A	N/A	0.35	N/A
Price To Sales	1.81	0.14	0.14	0.044	N/A	1.6	3.6	0.19	0.81
Net Income	2.55 B	15.67 B	120.85 M	(1.05 B)	N/A	323.32 M	865.35 M	76.17 B	227.76 M
Earnings Per Share	4.1	0.11	8.64	-0.09	N/A	0.12	N/A	0.11	-0.04
Shares Owned By Insiders	N/A	0.34	48.34	N/A	N/A	3.9	N/A	44.2	61.15
Revenue	11.76 B	225.1 B	1.97 B	42.65 B	N/A	2.06 B	1.17 B	216.23 B	204.54 M
Cash And Equivalents	1.56 B	1.7 B	141.4 M	52.12 M	N/A	238.9 M	N/A	2.4 T	154.17 M
Cash Per Share	2.65	0.07	5.93	0.12	N/A	0.14	N/A	25.95	0.07
Gross Profit	4.89 B	34.69 B	525.69 M	9.05 B	N/A	492.09 M	N/A	272.47 B	134.22 M
Day Typical Price	35.53	1.81	15.48	9.4	1.7	3.05	25.0	0.54	0.01
Accumulation Distribution	0.0223	0.0055	N/A	0.0312	N/A	N/A	N/A	N/A	N/A
Market Facilitation Index	0.8	0.01	N/A	0.3	N/A	N/A	N/A	N/A	N/A
Daily Balance Of Power	0.75	2.0	(9,223,372,036,855)	2.333333	(9,223,372,036,855)	9.2 T	9.2 T	(9,223,372,036,855)	0.0
Period Momentum Indicator	0.6	0.02	(0.32)	0.7	(0.02)	0.02	0.6	(0.01)	N/A
Rate Of Daily Change	1.02	1.01	0.98	1.08	0.99	1.01	1.02	0.98	1.0
Day Median Price	35.4	1.81	15.48	9.45	1.7	3.05	25.0	0.54	0.01
Price Action Indicator	0.7	0.015	(0.16)	0.2	(0.01)	0.01	0.3	(0.01)	N/A
Coefficient Of Variation	322.54	3496.93	12944.86	4803.64	958.2	646.86	735.19	1468.9	23740.06
Mean Deviation	1.2	3.16	1.07	2.96	1.67	1.59	0.8216	1.74	0.1514
Jensen Alpha	0.5503	0.1738	0.0017	(0.1)	0.2297	0.2837	0.1193	0.219	0.0102
Total Risk Alpha	0.2699	(0.54)	(0.24)	(0.51)	(0.12)	(0.01)	(0.03)	(0.24)	(0.14)
Sortino Ratio	0.2875	(0)	(0.07)	(0.01)	0.0435	0.1005	0.019	0.0162	N/A
Downside Variance	2.26	18.46	3.0	12.04	5.99	4.3	5.75	10.8	N/A
Standard Deviation	1.81	4.15	1.56	3.73	2.25	2.18	1.28	2.67	0.8564
Kurtosis	9.44	0.5517	2.64	(0.12)	0.7544	1.64	7.93	4.23	32.58
Potential Upside	2.71	6.75	2.53	7.88	3.28	3.59	2.38	4.35	N/A
Treynor Ratio	289.78	(0.20)	0.6917	0.049	(5.85)	0.8937	0.4342	(0.43)	0.0457
Maximum Drawdown	11.98	18.51	7.95	14.78	11.91	10.84	7.88	17.99	9.76
Variance	3.27	17.26	2.44	13.91	5.07	4.75	1.64	7.14	0.7335
Market Risk Adjusted Performance	289.79	(0.19)	0.7017	0.059	(5.84)	0.9037	0.4442	(0.42)	0.0557
Risk Adjusted Performance	0.2427	0.03	0.011	0.0239	0.0864	0.1246	0.108	0.0592	0.0043
Skewness	2.06	0.0729	(0.31)	0.4363	0.1353	0.6212	(1.60)	0.9231	0.4169
Semi Deviation	0.7659	4.01	1.57	3.31	1.89	1.58	1.11	1.89	N/A
Information Ratio	0.2389	(0)	(0.07)	(0.01)	0.0473	0.0956	0.0356	0.02	(0.15)
Value At Risk	(2.04)	(7.57)	(2.95)	(5.38)	(3.93)	(2.48)	(1.75)	(3.85)	N/A
Expected Short fall	(1.72)	(3.38)	(1.15)	(3.33)	(2.14)	(2.09)	(1.30)	(3.20)	N/A
Downside Deviation	1.5	4.3	1.73	3.47	2.45	2.07	2.4	3.29	N/A
Semi Variance	0.5866	16.1	2.46	10.93	3.59	2.48	1.22	3.57	N/A

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.

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Other Information on Investing in Tenaris Stock

Tenaris SA financial ratios help investors to determine whether Tenaris Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tenaris with respect to the benefits of owning Tenaris SA security.

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