Tenaris SA (TEN)

  15.03
   
  • Change Today:
     -0.41
  • 52 Week High:  19.33
  • 52 Week Low:  12.49
  • Currency: Euro
  • Shares Issued: 1,127.49m
  • Volume: 2,459,497
  • Market Cap:  16,946m
  • RiskGrade: 198

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
Revenue 12,523.93 14,868.86 11,762.53 6,521.21 5,146.73
Operating Profit/(Loss) 2,418.85 4,316.41 2,963.27 707.51 (663.07)
Profit Before Tax 2,556.45 4,632.79 3,165.94 1,242.77 (619.27)
Profit After Tax 2,076.77 3,957.83 2,548.70 1,053.32 (642.42)
           
Earnings per Share - Basic 181.00¢ 332.00¢ 216.00¢ 93.00¢ (54.00¢)
Earnings per Share - Adjusted 181.00¢ 332.00¢ 216.00¢ 93.00¢ (54.00¢)
           
Dividend per Share 67.00¢ 54.00¢ 45.00¢ 27.00¢ 7.00¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 6,270.34 6,210.32 5,668.00 5,933.54 6,435.13
Intangible Assets 1,357.75 1,377.11 1,332.51 1,372.18 1,429.06
Other Non-Current Assets 3,585.86 2,990.01 2,081.14 2,162.54 1,564.33
  11,213.95 10,577.44 9,081.65 9,468.26 9,428.52
Current Assets          
Inventories 3,709.94 3,921.10 3,986.93 2,672.59 1,636.67
Cash at Bank & in Hand 675.26 1,637.82 1,091.53 318.13 584.68
Other Current Assets 4,850.98 4,945.54 3,390.14 1,990.45 2,066.32
  9,236.18 10,504.46 8,468.60 4,981.17 4,287.67
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 20,450.12 21,081.90 17,550.25 14,449.43 13,716.19
Current Liabilities          
Borrowings 470.49 572.97 710.89 194.13 529.59
Other Current Liabilities 2,166.17 2,329.01 2,077.53 589.96 573.65
           
Current Liabilities 2,636.66 2,901.98 2,788.42 784.08 1,103.24
           
Net Current Assets c6,599.52 c7,602.48 c5,680.17 c4,197.09 c3,184.43
           
Borrowings 111.83 144.90 130.05 254.09 346.76
Other Non-Current Liabilities 887.80 1,004.58 597.34 1,305.55 819.71
Non-Current Liabilities 999.63 1,149.48 727.39 1,559.64 1,166.47
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 3,636.29 4,051.46 3,515.81 2,343.73 2,269.72
           
Net Assets 16,813.84 17,030.44 14,034.44 12,105.70 11,446.47
           
Shareholders Funds 16,593.26 16,842.97 13,905.71 11,960.58 11,262.89
           
Minority Interests/Other Equity 220.58 187.47 128.73 145.12 183.59
Total Equity 16,813.84 17,030.44 14,034.44 12,105.70 11,446.47
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 2,866.22 4,395.31 1,167.22 119.07 1,520.38
Net Cash Flow from Investing Activities (1,397.16) (2,686.52) (163.55) 267.90 (2,092.26)
Net Cash Flow from Financing Activities (2,399.43) (1,125.01) (178.34) (647.96) (375.32)
Net Increase/Decrease In Cash (930.37) 583.78 825.32 (260.98) (947.20)
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 11.7 5.6 8.7 11.5 n/a
PEG - Adjusted n/a 0.1 0.1 n/a n/a
Earnings per Share Growth - Adjusted -46% 54% 132% n/a n/a
Dividend Cover 2.70 6.15 4.80 3.44 (7.71)
Revenue per Share 1,110.78¢ 1,318.76¢ 1,043.25¢ 5.84¢ 456.48¢
Pre-Tax Profit per Share 226.74¢ 410.89¢ 280.80¢ 1.11¢ (54.92¢)
Operating Margin 19.31% 29.03% 25.19% 10.85% (12.88%)
Return on Capital Employed 15.94% 28.30% 23.38% 0.11% n/a
           
Dividend Yield 3.2% 2.9% 2.4% 2.5% 0.9%
Dividend per Share Growth 24.07% 20.00% 66.67% 285.71% (46.15%)
Operating Cash Flow per Share 254.21¢ 389.83¢ 103.52¢ 10.56¢ 134.85¢
Cash Incr/Decr per Share (82.52¢) 51.78¢ 73.20¢ (0.23¢) (84.01¢)
Net Asset Value per Share (exc. Intangibles) 1,370.84¢ 1,388.33¢ 1,126.57¢ 951.98¢ 888.47¢
Net Gearing -0.56% -5.46% -1.80% 1.09% 2.59%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

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