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TenarisTS -0.11%81 EV-to-EBIT is 9.83 as of Jul. 15, 2026, which is 1% below its 10-year median of 9.91. GuruFocus rates TS with a GF Score™ of 81/100 and a GF Value™ of $35.23 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 690 Oil & Gas companies, Tenaris ranks better than 57.1% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tenaris's Enterprise Value is $25,445 Mil.
Tenaris's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $2,589 Mil. Therefore, Tenaris's EV-to-EBIT for today is 9.83.
The historical rank and industry rank for Tenaris's EV-to-EBIT or its related term are showing as below:
TS'
s EV-to-EBIT Range Over the Past 10 Years
Min: -919.07 Med: 9.91 Max: 356.09
Current: 9.83
During the past 13 years, the highest EV-to-EBIT of Tenaris was 356.09. The lowest was -919.07. And the median was 9.91.
TS's EV-to-EBIT is ranked better than 57.1% of 690
companies
in the Oil & Gas industry
Industry Median: 11.77
vs TS: 9.83
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Tenaris's Enterprise Value for the quarter that ended in Mar. 2026 was $26,679 Mil.
Tenaris's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,589 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tenaris EV-to-EBIT Related Terms
Tenaris EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Tenaris's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Equipment & Services subindustry, Tenaris's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tenaris EV-to-EBIT vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tenaris's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Tenaris's EV-to-EBIT falls into.
Tenaris's current Enterprise Value is $25,445 Mil.
Tenaris's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,589 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tenaris (TS) has a EV-to-EBIT of 9.83 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tenaris and its competitors. This is near median its historical median of 9.91. According to the industry distribution chart, Tenaris ranks #296 out of 690 companies in the Oil & Gas industry, placing it in the top 42.9%.
Is Tenaris' EV-to-EBIT too high?
Tenaris' current EV-to-EBIT of 9.83 is near median its 10-year median of 9.91. The Oil & Gas industry median EV-to-EBIT is 11.77. Tenaris' value of 9.83 is 16.5% below this industry median. Based on the distribution chart, Tenaris ranks #296 out of 690 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Tenaris has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tenaris' EV-to-EBIT compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Tenaris ranks #296 out of 690 companies for EV-to-EBIT. This puts Tenaris in the upper half of its industry. The industry median EV-to-EBIT is 11.77. Tenaris' value of 9.83 is 16.5% below this benchmark. While the company's 10-year median is 9.91 vs. the industry median of 11.77, Tenaris has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.77, based on 690 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tenaris's current EV-to-EBIT of 9.83 is 16.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tenaris and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenaris's current EV-to-EBIT is 9.83, which is near median its own 10-year median of 9.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaris stock overvalued right now?
Based on GuruFocus' analysis, Tenaris (TS) is currently considered Significantly Overvalued. The stock's GF Value™ is $35.23, compared to a current price of $56.25 — trading 59.7% above its estimated fair value. The current EV-to-EBIT is 9.83, which is near median its 10-year median of 9.91 and 16.5% below the Oil & Gas industry median of 11.77. Tenaris' overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Tenaris (TS), the current EV-to-EBIT is 9.83 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tenaris (TS) Overvalued in 2026?
Based on GuruFocus' analysis, Tenaris stock appears to be overvalued.
The current stock price of $56.25 is trading 59.7% above its estimated GF Value™ of $35.23.
GuruFocus considers Tenaris to be Significantly Overvalued.
Key valuation signals for TS:
EV-to-EBIT: 9.83 (near median its 10-year median of 9.91)
GF Value™: $35.23 vs. price of $56.25 (59.7% above fair value)
Industry Position: 16.5% below the Oil & Gas median (#296 of 690)
No single metric tells the full story. See the TS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tenaris SA is engaged in the manufacture and supply of steel pipe products and related services for the energy industry and other industrial applications. The company has one reportable segment, Tubes, which includes the production and sale of steel tubular products such as OCTG, line pipe, and mechanical and structural tubes, mainly for the oil and gas industry. It operates an integrated network of manufacturing, research, and service facilities across the Americas, Europe, the Middle East, Asia, and Africa.
81GF Score
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