Tenaris Sa Adr Stock Z Score

TS Stock

USD 37.01 0.19 0.52%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Tenaris SA Piotroski F Score and Tenaris SA Valuation analysis.

At this time, Tenaris SA's Change In Working Capital is comparatively stable compared to the past year. Capital Expenditure Coverage Ratio is likely to gain to 7.45 in 2024, whereas Capital Surpluse is likely to drop slightly above 487.8 M in 2024. At this time, Tenaris SA's Total Other Income Expense Net is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 110.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 872.6 M in 2024.

Tenaris SA ADR Company Z Score Analysis

Tenaris SA's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Tenaris Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Tenaris SA is extremely important. It helps to project a fair market value of Tenaris Stock properly, considering its historical fundamentals such as Z Score. Since Tenaris SA's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tenaris SA's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tenaris SA's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Accounts Payable	Long Term Debt	Good Will	Total Liab	Intangible Assets	Property Plant Equipment	Total Current Assets	Net Debt	Retained Earnings	Net Receivables	Short Term Debt	Common Stock	Short Term Investments	Current Deferred Revenue	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Deferred Long Term Liab	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	0.74	-0.35	0.62	0.72	0.17	0.68	0.92	-0.3	0.96	0.77	0.18	0.89	0.41	0.33	0.56	0.4	-0.24	-0.29	-0.12	-0.17	0.36	0.51	0.53	-0.17
Total Stockholder Equity	0.98		0.65	-0.42	0.54	0.59	0.06	0.8	0.85	-0.28	0.99	0.67	0.09	0.87	0.37	0.23	0.56	0.41	-0.36	-0.4	-0.13	-0.08	0.3	0.46	0.49	-0.08
Accounts Payable	0.74	0.65		-0.27	0.41	0.74	0.24	0.2	0.86	-0.36	0.63	0.91	0.02	0.58	0.08	0.54	0.63	0.56	-0.08	-0.21	-0.29	-0.23	0.4	0.6	0.63	-0.23
Long Term Debt	-0.35	-0.42	-0.27		-0.06	0.13	0.23	-0.51	-0.3	0.52	-0.46	-0.17	0.1	-0.43	-0.25	-0.17	-0.46	-0.18	0.58	0.55	0.53	0.26	-0.39	-0.35	-0.37	0.26
Good Will	0.62	0.54	0.41	-0.06		0.67	0.74	0.21	0.5	0.15	0.46	0.51	0.56	0.54	0.22	-0.17	-0.21	-0.28	0.29	0.28	-0.02	0.05	-0.11	-0.18	-0.17	0.05
Total Liab	0.72	0.59	0.74	0.13	0.67		0.53	0.05	0.83	-0.01	0.53	0.85	0.52	0.52	0.29	0.37	0.27	0.13	0.38	0.28	-0.06	-0.09	0.22	0.33	0.37	-0.09
Intangible Assets	0.17	0.06	0.24	0.23	0.74	0.53		-0.3	0.18	0.26	-0.04	0.29	0.42	0.07	-0.06	-0.27	-0.39	-0.31	0.62	0.59	0.13	0.2	-0.29	-0.29	-0.28	0.2
Property Plant Equipment	0.68	0.8	0.2	-0.51	0.21	0.05	-0.3		0.42	-0.21	0.84	0.15	-0.11	0.69	0.25	-0.04	0.41	0.3	-0.71	-0.68	-0.1	0.03	0.16	0.25	0.27	0.03
Total Current Assets	0.92	0.85	0.86	-0.3	0.5	0.83	0.18	0.42		-0.4	0.83	0.92	0.2	0.78	0.39	0.56	0.69	0.47	-0.08	-0.17	-0.18	-0.28	0.51	0.67	0.71	-0.28
Net Debt	-0.3	-0.28	-0.36	0.52	0.15	-0.01	0.26	-0.21	-0.4		-0.33	-0.35	0.35	-0.49	-0.1	-0.62	-0.77	-0.65	0.54	0.61	0.04	0.71	-0.88	-0.81	-0.78	0.71
Retained Earnings	0.96	0.99	0.63	-0.46	0.46	0.53	-0.04	0.84	0.83	-0.33		0.63	0.03	0.87	0.39	0.28	0.61	0.46	-0.43	-0.46	-0.14	-0.12	0.35	0.51	0.54	-0.12
Net Receivables	0.77	0.67	0.91	-0.17	0.51	0.85	0.29	0.15	0.92	-0.35	0.63		0.18	0.59	0.16	0.56	0.57	0.39	0.1	-0.03	-0.2	-0.24	0.46	0.57	0.62	-0.24
Short Term Debt	0.18	0.09	0.02	0.1	0.56	0.52	0.42	-0.11	0.2	0.35	0.03	0.18		0.12	0.29	-0.14	-0.35	-0.61	0.45	0.48	-0.33	0.05	-0.11	-0.25	-0.23	0.05
Common Stock	0.89	0.87	0.58	-0.43	0.54	0.52	0.07	0.69	0.78	-0.49	0.87	0.59	0.12		0.55	0.4	0.58	0.43	-0.43	-0.44	-0.1	-0.5	0.46	0.59	0.55	-0.5
Short Term Investments	0.41	0.37	0.08	-0.25	0.22	0.29	-0.06	0.25	0.39	-0.1	0.39	0.16	0.29	0.55		0.38	0.22	0.01	0.01	0.1	-0.09	-0.52	0.18	0.33	0.26	-0.52
Current Deferred Revenue	0.33	0.23	0.54	-0.17	-0.17	0.37	-0.27	-0.04	0.56	-0.62	0.28	0.56	-0.14	0.4	0.38		0.76	0.61	-0.15	-0.21	-0.07	-0.73	0.78	0.83	0.8	-0.73
Net Tangible Assets	0.56	0.56	0.63	-0.46	-0.21	0.27	-0.39	0.41	0.69	-0.77	0.61	0.57	-0.35	0.58	0.22	0.76		0.85	-0.53	-0.64	-0.17	-0.51	0.76	0.96	0.97	-0.51
Long Term Investments	0.4	0.41	0.56	-0.18	-0.28	0.13	-0.31	0.3	0.47	-0.65	0.46	0.39	-0.61	0.43	0.01	0.61	0.85		-0.49	-0.59	0.05	-0.39	0.53	0.81	0.78	-0.39
Short Long Term Debt	-0.24	-0.36	-0.08	0.58	0.29	0.38	0.62	-0.71	-0.08	0.54	-0.43	0.1	0.45	-0.43	0.01	-0.15	-0.53	-0.49		0.96	0.22	0.29	-0.41	-0.42	-0.4	0.29
Deferred Long Term Liab	-0.29	-0.4	-0.21	0.55	0.28	0.28	0.59	-0.68	-0.17	0.61	-0.46	-0.03	0.48	-0.44	0.1	-0.21	-0.64	-0.59	0.96		0.17	0.29	-0.45	-0.52	-0.5	0.29
Long Term Debt Total	-0.12	-0.13	-0.29	0.53	-0.02	-0.06	0.13	-0.1	-0.18	0.04	-0.14	-0.2	-0.33	-0.1	-0.09	-0.07	-0.17	0.05	0.22	0.17		0.04	-0.08	-0.14	-0.2	0.04
Capital Surpluse	-0.17	-0.08	-0.23	0.26	0.05	-0.09	0.2	0.03	-0.28	0.71	-0.12	-0.24	0.05	-0.5	-0.52	-0.73	-0.51	-0.39	0.29	0.29	0.04		-0.68	-0.68	-0.57	1.0
Cash And Equivalents	0.36	0.3	0.4	-0.39	-0.11	0.22	-0.29	0.16	0.51	-0.88	0.35	0.46	-0.11	0.46	0.18	0.78	0.76	0.53	-0.41	-0.45	-0.08	-0.68		0.8	0.8	-0.68
Net Invested Capital	0.51	0.46	0.6	-0.35	-0.18	0.33	-0.29	0.25	0.67	-0.81	0.51	0.57	-0.25	0.59	0.33	0.83	0.96	0.81	-0.42	-0.52	-0.14	-0.68	0.8		0.98	-0.68
Net Working Capital	0.53	0.49	0.63	-0.37	-0.17	0.37	-0.28	0.27	0.71	-0.78	0.54	0.62	-0.23	0.55	0.26	0.8	0.97	0.78	-0.4	-0.5	-0.2	-0.57	0.8	0.98		-0.57
Capital Stock	-0.17	-0.08	-0.23	0.26	0.05	-0.09	0.2	0.03	-0.28	0.71	-0.12	-0.24	0.05	-0.5	-0.52	-0.73	-0.51	-0.39	0.29	0.29	0.04	1.0	-0.68	-0.68	-0.57

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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Tenaris SA

Based on the company's disclosures, Tenaris SA ADR has a Z Score of 0.0. This is 100.0% lower than that of the Energy Equipment & Services sector and 100.0% lower than that of the Energy industry. The z score for all United States stocks is 100.0% higher than that of the company.

Tenaris SA Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tenaris SA from analyzing Tenaris SA's financial statements. These drivers represent accounts that assess Tenaris SA's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tenaris SA's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	13.3B	9.5B	12.4B	20.6B	20.5B	13.3B
Enterprise Value	12.8B	9.8B	12.5B	20.3B	19.6B	13.7B

Tenaris SA ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tenaris SA's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tenaris SA's managers, analysts, and investors.

Environmental

Governance

Social

Tenaris SA Institutional Holders

Institutional Holdings refers to the ownership stake in Tenaris SA that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tenaris SA's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tenaris SA's value.

		Shares
Moore Capital Management, Lp	2024-06-30	954.3 K
Wellington Management Company Llp	2024-06-30	885.9 K
Goldman Sachs Group Inc	2024-06-30	721.5 K
Marshall Wace Asset Management Ltd	2024-06-30	714.2 K
Jane Street Group Llc	2024-06-30	697.8 K
Natixis Advisors, Llc.	2024-06-30	696.1 K
Pacer Advisors, Inc.	2024-06-30	678.4 K
Blackrock Inc	2024-06-30	658.1 K
Perpetual Ltd	2024-06-30	650.6 K
Westwood Global Investments Llc	2024-09-30	8.2 M
Orbis Allan Gray Ltd	2024-06-30	7.4 M

Tenaris Fundamentals

	Return On Equity	0.16
	Return On Asset	0.0822
	Profit Margin	0.20 %
	Operating Margin	0.18 %
	Current Valuation	17.73 B
	Shares Outstanding	554.13 M
	Shares Owned By Institutions	9.69 %
	Number Of Shares Shorted	3.16 M
	Price To Earning	151.03 X
	Price To Book	1.19 X
	Price To Sales	1.57 X
	Revenue	14.87 B
	Gross Profit	4.89 B
	EBITDA	5.19 B
	Net Income	3.92 B
	Cash And Equivalents	1.09 B
	Cash Per Share	2.03 X
	Total Debt	717.87 M
	Debt To Equity	0.07 %
	Current Ratio	2.55 X
	Book Value Per Share	15.51 X
	Cash Flow From Operations	4.4 B
	Short Ratio	2.09 X
	Earnings Per Share	4.60 X
	Price To Earnings To Growth	4.69 X
	Target Price	39.18
	Number Of Employees	29.13 K
	Beta	1.42
	Market Capitalization	20.55 B
	Total Asset	21.08 B
	Retained Earnings	16.74 B
	Working Capital	7.6 B
	Current Asset	4.99 B
	Current Liabilities	1.65 B
	Annual Yield	0.04 %
	Five Year Return	2.87 %
	Net Asset	21.08 B
	Last Dividend Paid	0.67

About Tenaris SA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tenaris SA ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tenaris SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tenaris SA ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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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Tenaris Sa Adr Stock Z Score

Tenaris SA ADR Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Tenaris Z Score Driver Correlations

Tenaris SA Current Valuation Drivers

Tenaris SA ESG Sustainability

Tenaris SA Institutional Holders

Tenaris Fundamentals

About Tenaris SA Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Tenaris Stock Analysis

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