TS (Tenaris) Inventories, Inventories Adjustments: $0 Mil (As of Jun. 2026)

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TS Tenaris SA TS
80 GF Score
Price $52.66
GF Value $36.68
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Tenaris Inventories, Inventories Adjustments?

Tenaris TS -0.04% 80 Inventories, Inventories Adjustments is $0 Mil as of Jun. 2026. GuruFocus rates TS with a GF Score™ of 80/100 and a GF Value™ of $36.68 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Tenaris's Inventories, Inventories Adjustments for the quarter that ended in Jun. 2026 was $0 Mil.

Tenaris's quarterly Inventories, Inventories Adjustments increased from Dec. 2025 ($-230 Mil) to Mar. 2026 ($0 Mil) but then stayed the same from Mar. 2026 ($0 Mil) to Jun. 2026 ($0 Mil).

Tenaris's annual Inventories, Inventories Adjustments increased from Dec. 2023 ($-209 Mil) to Dec. 2024 ($-203 Mil) but then declined from Dec. 2024 ($-203 Mil) to Dec. 2025 ($-230 Mil).

Tenaris Inventories, Inventories Adjustments Historical Data

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The historical data trend for Tenaris's Inventories, Inventories Adjustments 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.

Tenaris Inventories, Inventories Adjustments Chart

Tenaris Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Inventories Adjustments
Get a 7-Day Free Trial Premium Member Only Premium Member Only -245.77 -222.67 -209.11 -203.17 -230.00

Tenaris Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Inventories, Inventories Adjustments Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -230.00 0.00 0.00
TS
80GF Score
Tenaris SA TS
Inventories, Inventories Adjustments is just one metric. See GF Score™, valuation, warning signs, and more.
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Tenaris Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

What does a Inventories, Inventories Adjustments of $0 Mil mean?
Tenaris (TS) has a Inventories, Inventories Adjustments of $0 Mil as of Jun. 2026. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Tenaris and its competitors.
Is Tenaris' Inventories, Inventories Adjustments too high?
Tenaris' current Inventories, Inventories Adjustments is $0 Mil. Overall, Tenaris has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tenaris' Inventories, Inventories Adjustments compare to SLB and BKR?
Tenaris' Inventories, Inventories Adjustments of $0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Inventories Adjustments for an Oil & Gas company?
A good Inventories, Inventories Adjustments depends on the Oil & Gas industry context. However, Inventories, Inventories Adjustments should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Inventories Adjustments mean?
A high Inventories, Inventories Adjustments can signal that a stock is expensive relative to its fundamentals. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Tenaris and its competitors. Tenaris's current Inventories, Inventories Adjustments is $0 Mil. 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 $36.68, compared to a current price of $52.66 — trading 43.6% above its estimated fair value. The current Inventories, Inventories Adjustments is $0 Mil. Tenaris' overall GF Score™ is 80/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Inventories Adjustments calculated?
Inventories, Inventories Adjustments is calculated from a company's financial statements. For Tenaris (TS), the current Inventories, Inventories Adjustments is $0 Mil as of Jun. 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 $52.66 is trading 43.6% above its estimated GF Value™ of $36.68. GuruFocus considers Tenaris to be Significantly Overvalued.

Key valuation signals for TS:

  • Inventories, Inventories Adjustments: $0 Mil
  • GF Value™: $36.68 vs. price of $52.66 (43.6% above fair value)
  • GF Score™: 80/100 with 1 warning sign

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 Business Description

Industry EnergyOil & Gas
Address 26, Boulevard Royal, 4th Floor, Luxembourg, LUX, L-2449
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.
80GF Score

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Inventories, Inventories Adjustments is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$52.66
Price
$36.68
GF Value