Tenaris 将来の成長
Future 基準チェック /06
Tenarisの収益は年間0.8%で減少すると予測されていますが、年間収益は年間2.1%で増加すると予測されています。EPS は年間 増加すると予測されています。自己資本利益率は 3 年後に12.4% 3.7%なると予測されています。
主要情報
-0.8%
収益成長率
3.72%
EPS成長率
| Energy Services 収益成長 | 21.3% |
| 収益成長率 | 2.1% |
| 将来の株主資本利益率 | 12.36% |
| アナリストカバレッジ | Good |
| 最終更新日 | 22 May 2026 |
今後の成長に関する最新情報
Recent updates
Reassessing Tenaris: Down To Hold
Summary Tenaris has delivered over 100% returns since my prior bullish call but now trades near its 2008 all-time highs. TS faces near-term revenue risk from Middle East disruptions and limited upside as the recent rally outpaces fundamentals; I move to a hold rating. Strong 2025 capital returns ($2.26B aggregate) and robust North American performance are offset by inventory risks and uncertain global OCTG demand. Upcoming CEO transition and a 5.8% share count reduction are structurally accretive but introduce execution and strategic risks to monitor. Read the full article on Seeking AlphaUpdating On Tenaris And Its Upside Into 2025E, Fully Valued After 20% RoR (Rating Downgrade)
Summary Tenaris, a leading energy services company, controls over 50% of the global OCTG market and has almost no long-term debt, enhancing its fundamental appeal. Despite recent good results and growth prospects, Tenaris is currently overvalued at €19/share, leading to a "Hold" rating with a target price of €18/share. The company's Rig Direct program and global supply chain optimization contribute to its competitive edge, but the OCTG industry remains risky and highly competitive. Analysts' ratings are mixed, with significant variance in price targets, reflecting the industry's volatility and the company's historical tendency to miss targets. Read the full article on Seeking AlphaTenaris: Trump Policies Offer Promise, But Opportunity Seems Fully Priced In
Summary Tenaris SA's Q3 results were weak due to sluggish demand and pricing pressures, especially in key markets like Saudi Arabia and the US. The company’s strong balance sheet and manageable debt provide resilience amid ongoing challenges. Tenaris’ stock appears fairly valued, with limited upside potential relative to industry peers and its own historical levels. A favorable business environment under the incoming Trump administration could boost Tenaris' prospects, particularly in energy exports. Read the full article on Seeking AlphaTenaris: Betting On The Backbone Of The Oil Network
Summary Tenaris S.A. is a global, but under-followed leader, in steel pipe manufacturing for the oil and gas industry. It also has a growing exposure to geothermal, hydrogen, and carbon capture storage applications. The company showcases a robust balance sheet and extremely lean and efficient operations that make it generate billions in free cash flow in any market condition. Read the full article on Seeking AlphaTenaris: Holding Was The Right Choice, Upgrading To A Buy (Rating Upgrade)
Summary Tenaris is an attractive company in the energy servicing sector. The company has recently dropped quite a bit, and is now more attractive than a few months ago. There's upside to be had, despite the company's relatively flat growth outlook for 2024 and 2025. I am upgrading the company to a "BUY" here, from a "HOLD". Read the full article on Seeking AlphaTenaris: Underperformance, Now A "HOLD" (Rating Downgrade).
Summary Tenaris is a volatile commodity business that specializes in welded steel pipes for gas pipelines and is the world's largest player in steel tubing. The company's expansion plans include Middle Eastern and North American operations, focusing on improving demand planning and supply chain management. While Tenaris has seen record results and has a strong brand reputation, it faces competition, pricing declines, and the risk of domestic companies favoring domestic suppliers in certain markets. Read the full article on Seeking AlphaTenaris: Steeling Against High Rates With A Rock-Solid Balance Sheet
Summary Businesses globally are preparing for a new reality of high interest rates as central banks raise rates to combat inflation. Tenaris SA, an oilfield equipment and services company, stands out with its strong balance sheet and low debt levels. Tenaris has reported impressive financial results, including increased sales volumes, high margins, and substantial cash flows, making it an attractive investment option. Read the full article on Seeking AlphaTenaris: Steel Pipes Out Of Europe With An Upside
Summary Tenaris is a Luxembourg-headquartered supplier of welded steel pipes for gas pipelines, with manufacturing facilities across multiple continents. The company has achieved record sales and financial results for the 2022 fiscal year and is a leading player in the energy industry. Tenaris is investing in new ventures, such as wind farms, to support the ongoing global transition in energy and reduce CO2 emissions. I view Tenaris as a "BUY" here, but not as great as some others might consider it. Read the full article on Seeking AlphaTenaris S.A.: Record Profits, Low Multiples, Expanding Margins, And Insider Ownership
Summary Revenue, net income, and free cash flow (LTM) are at record highs since 2014. Meanwhile, P/S, P/E, and EV/EBITDA are close to record lows. Operating and net margins (LTM) are at record highs since 2014. Insiders own ~60% of shares, indicating “skin in the game”. Management expects strong growth in Saudi demand for line pipe in the next few years. The firm recently received a 46,000-ton contract for seamless pipe in Brazil. Despite risks including economic/political instability and adverse weather events, Tenaris’ impressive growth, low multiples, and high insider ownership present an interesting opportunity. Read the full article on Seeking AlphaTenaris S.A.: A Solid Option In The Oil And Gas Industry
Summary Tenaris S.A. has experienced rapid revenue growth, with net sales increasing 75% YoY to reach $4.4 billion. The company has a strong financial position, with a solid balance sheet and substantial cash flows, making it an attractive investment opportunity. Despite concerns about a slowdown in drilling projects and the rise of renewables, Tenaris is expected to continue serving a large market and delivering solid returns to shareholders. Read the full article on Seeking AlphaTenaris: Harnessing Operational Excellence For Sustainable Growth
Summary Tenaris pays out a solid dividend with a safe payout ratio, consistently rewarding shareholders with a secure dividend amid cyclical upswings. Recent earnings exemplify Tenaris' ability to outperform expectations and the business' plan to increase CapEX expenditures. The company has been able to perform in line with the S&P 500 when adjusting for dividends. Strategic improvements within Tenaris' core business have allowed for margin expansion and future growth. Based on the assumptions of my DCF figures, Tenaris is currently undervalued, resulting in a strong buy rating. Read the full article on Seeking AlphaTenaris GAAP EPS of $0.68 misses by $0.70, revenue of $3.62B beats by $70M
Tenaris press release (NYSE:TS): Q4 GAAP EPS of $0.68 misses by $0.70. Revenue of $3.62B (+75.7% Y/Y) beats by $70M.Benteler terminates sale to Tenaris of its Shreveport, Louisiana pipe manufacturing plant
Tenaris (NYSE:TS) announced today that Benteler North America Corporation has exercised its right to unilaterally terminate, effective immediately, the previously-announced agreement for the sale to Tenaris of 100% of the shares of U.S. steel pipe producer Benteler Steel & Tube Manufacturing Corporation. Shares are trading down 1%.Tenaris GAAP EPS of $0.51 misses by $0.49, revenue of $2.98B beats by $70M
Tenaris press release (NYSE:TS): Q3 GAAP EPS of $0.51 misses by $0.49. Revenue of $2.98B (+70.3% Y/Y) beats by $70M.Tenaris: The Cash Flow Turnaround And Margin Expansion Speak A Lot
Summary Lower steel price, higher selling price, and steady demand will improve Tenaris' operating margin. The pending acquisition of the Benteler group company will enhance TS' presence in the US and increase its pipe rolling capacity. The balance sheet remains robust, while a considerable improvement in free cash flow generation adds to its attractiveness. The stock is undervalued versus its peers. A Solid Path For Tenaris Read my previous article here to learn more about Tenaris S.A.'s (TS) product strategies. In the middle of 2022, a lower steel price and an increased selling price can ease up TS's profit and push the EBITDA margin up. The recovery in the energy industry is reflected in the tube sales in growth in North America, which outperformed all its other regions in Q2. Outside of the US, I expect some parts of the Latin American market to ride the positive momentum in the coming quarters. However, the supply chain issues can affect Mexico's auto market, one of its key markets in the region. The most remarkable change in TS's health came through the spectacular rise in cash flows in 1H 2022. The acquisition of the Benteler group company will enhance its presence in the US and increase its pipe rolling capacity. The company has low leverage. The stock is relatively undervalued. I think investors might want to buy the stock for an upside in the near-to-medium term. Steel Price And End Market Performance FRED Economic Data In Q2, the input cost trend reversed and eased up the challenge TS faced for the previous few quarters, as reflected in lower Pipe Logix. Year-to-date August 2022, the U.S. iron and steel price index has declined by 14%, according to Federal Reserve Economic Data. A steel and iron ore price reduction affects margin adversely TS Following the improvement in the scenario, the company is ensuring product certification in its new hot rolling mill in Mexico because HVAC and electrical motors industries would do well in this environment. TS's management believes the steel industry will stabilize in the medium term, although the volatility may continue soon. Mexico, one of its key markets, the auto industry suffers from supply chain disruptions, while China's lockdowns continue to affect these global supply chains. Plus, demand weakened due to a destocking process following the decrease in steel prices and the increase in interest rates. However, the market is expected to recover as restocking would follow the low inventory level. Q3 Outlook And Acquisition Tenaris's Filings Although quarter-over-quarter steel shipment volume declined in Q2, the company's management expects shipments to stabilize in Q3. Revenue per ton improved in Q2 and is expected to improve further. In Mexico, steel prices should decrease and will reflect in a large set of contract prices. In Argentina, steel demand has remained unchanged and will continue due to the strong agribusiness sector, auto industry, white goods industry, and energy sector. Apart from the supply chain issues, the uncertainty regarding the macro situation in Argentina and the rise in interest rates in the U.S. would keep the demand side volatile. TS agreed to acquire Benteler North American Corporation in July for $460 million. The acquisition would extend Tenaris' production capacity and its U.S. presence. The company manufactures seamless steel pipes. It has an annual pipe-rolling capacity of 400,000 metric tons. What Were The Drivers In Q2? As the energy industry recovered, tube sales in North America outperformed all other regions in Q2 with a 60% quarter-over-quarter revenue rise. South America was the distant second (18% up) during the same period. Sales growth was equal in other regions (10% up in Europe and the Middle East/Africa). In Q2, TS recorded $806 million in EBITDA, up by 28% quarter-over-quarter, which included a $78 million settlement charge with the SEC, a $71 million gain from the reclassification of NKKTubes's income statement, and a gain from the sale of land in Canada. The adjusted EBITDA margin expanded by over 200 basis points. The margin gain reflects higher realized steel prices in Mexico and Argentina. Although labor costs increased, it was offset by lower purchase slab costs. TS has an equity interest in Ternium, a steel producer with production facilities in Mexico, Argentina, Brazil, Colombia, the U.S., and Guatemala. Ternium's adjusted EBITDA can decrease sequentially in Q3 due to lower margins and stable shipments. Cash Flows And Net Debt TS's cash flow from operations (or CFO) increased several folds in 1H 2022 ($73 million) compared to a year ago. Revenues nearly doubled during this period. Despite a steep rise in working capital requirements, cash flow from operations improved significantly. Although capex increased in the past year, free cash flow turned substantially positive in the past year. TS's net debt was $108 million as of June 30, 2022. It had sizeable short-term debt due to short-term borrowings. Nonetheless, its leverage (debt-to-equity) is very low (0.06x). TS now pays a dividend ($1.12 annualized), which amounts to a dividend yield of 3.96%. Target Price And Relative Valuation Seeking Alpha During the past 90- days, eight Wall-street analysts rated TS a "Buy" (including "Strong Buy"). Three analysts rated it a "Hold," while one recommended a "Sell." The consensus target price is $35.5, which yields 28% returns at the current price. Seeking Alpha The company's EV/EBITDA multiple (7.8x) is lower than its peers' (HNTIF, TMST, and X), with an average of 10.5x. TS's forward EV-to-EBITDA multiple contraction against the current multiple means its EBITDA can expand more sharply than its peers. This typically results in a higher EV/EBITDA multiple compared to peers. So, the stock is undervalued versus its peers at the current level. Why Do I Upgrade TS? I noted many advantages Tenaris had in my previous iteration of the company, including increased demand for new welded and seamless pipeline projects and the rise in average selling prices. However, I was also cautious because of the rising input costs, negative cash flows, and the stock's relative overvaluation at that time. I wrote: However, as reflected in higher Pipe Logix, the rising input cost puts pressure on the margin. The cash flows have turned negative in Q1, spelling worries for the investors. A relatively high inventory level can lead to higher working capital in the near term.Tenaris: Solidifying Its Industry Leadership With Benteler Acquisition
Last month, Tenaris announced acquisition of Benteler Steel & Tube Manufacturing for ~$460m. The asset solidifies Tenaris' market leading position and comes at a very reasonable implied valuation as well. With Tenaris stock trading at an undemanding valuation multiple, there remains ample re-rating potential here. Tenaris SA (TS), a leading supplier of oil country tubular goods (OCTG) and related services for the energy industry, recently entered into an agreement to acquire US seamless steel pipe producer Benteler Steel & Tube Manufacturing Corporation for a $460m price tag. As the consideration includes ~$52m of working capital, the net consideration is closer to ~$408m on a cash-free, debt-free basis (or ~2.5% of the current TS equity value). While this acquisition won't be a needle mover by itself, it solidifies TS' presence in the US, the world's largest OCTG market, at an attractive EV/EBITDA valuation. With TS' cash generation also enhanced post-acquisition, there is room for more accretive acquisitions ahead, depending on how long the industry backdrop can stay favorable. The current ~6x EBITDA multiple screens reasonably relative to the growth outlook as well and thus, I see ample room for the stock to re-rate higher going forward. TS data by YCharts Acquiring Benteler Steel & Manufacturing Corporation for $460m Tenaris' 100% acquisition of the shares of Benteler Steel & Manufacturing Corporation from Benteler came as a positive surprise – in aggregate, TS will pay ~$460m on a cash-free/debt-free basis, but excluding the ~$52m of working capital included in the consideration implies a ~$408m net payout. For context, Benteler Steel & Manufacturing Corporation is a seamless steel pipe producer with an annual pipe rolling capacity of up to 400kt at its state-of-the-art facility in Shreveport, Louisiana. As the second phase of the Shreveport plant (including the electric arc furnace ((EAF)) was never built, it is a processing plant only (i.e., rolling and finishing lines). Still, the capacity stacks up nicely to TS' existing ~1m capacity in the US (and ~4m globally) for seamless pipes. The deal needs to clear several regulatory approvals (mainly antitrust), and if all goes as planned, it should close in Q4 2022. Benteler Strategically Extending its Lead in the US Seamless Market Tenaris has already held a big lead in the US seamless tube market, with ~1mt of capacity in the US, in addition to imports from Mexico (~1.2mt capacity from the Tamsa plant), Argentina (~900kt capacity from Siderca), and Canada (~300kt capacity from Algoma). Post-acquisition, the company would have a total of ~1.4mt of US capacity on the seamless side, as well as ~2.5mt of welded tube capacity, making it the clear market leader. By comparison, the #2 player, Vallourec (VLOUF), only has ~750kt of US seamless tube capacity – effectively half the size of Tenaris. Given Benteler is only at ~50% capacity today, a further ramp-up of its capacity to 100% would entail incremental gains from here – a major advantage at a time when supply remains tight, leading to high market prices. On the other hand, this deal could stress the balance sheet – not only will Tenaris need to up its capex spending, but it also adds cyclicality to the company's underlying cash flows. Of note, Benteler's Shreveport plant only includes hot rolling tube assets and finishing lines but lacks an EAF to make it a fully integrated plant (as planned in phase 2). Thus, Tenaris will likely source pre-material supply (i.e., billets) from its Mexican plant in the near-term before investing in the installation of an EAF to reap the long-term benefits, implying a significant capex outlay ahead. An Attractive Implied EV/EBITDA Valuation Assuming the average selling price of >$2.6k/t on the spot seamless market holds, Tenaris could see its acquired revenue reach >$580m based on a ~220k/t production per year (<60% of the nameplate capacity). With EBITDA margins also running at ~30%, the asset could be capable of generating EBITDA of >$170m/year based on these assumptions. Thus, the deal would imply a very reasonable EV/EBITDA multiple of ~3x – well below where Tenaris and Vallourec stock currently trade. TS EV to EBITDA data by YChartsTenaris: Advantages As Activity Speeds Up, But Concerns Over Valuation
New welded, and seamless pipeline projects and the advantages of local manufacturing and service capabilities will drive Tenaris in the medium term. The company's average selling price rises, which can lead to an operating margin expansion. Its balance sheet remains robust, but negative cash flows are concerning. The stock is marginally overvalued relative to its peers.Tenaris: A Valuation Overrun Despite The Medium Term Promises
The drilling activity recovery has led to various new welded and seamless pipeline projects, but destocking in the Middle East will keep the topline tight. Lower hot-rolled coils price and increasing average selling price can lead to higher operating margin. The balance sheet remains robust, but negative free cash flow is a concern. The stock is overvalued versus its peers.Tenaris Is Reopening Facilities, Makes Stock A Buy
Tenaris SA is involved in steel pipe manufacturing for the energy industry and other industrial applications. Tenaris SA appears to be advancing with its investment to consolidate its Canadian industrial operations in Sault Ste Marie, where the company is actually producing premium products. Note that the company’s facilities in Conroe and Koppel are reopening, and the facilities in Ambridge and Baytown also seem to be operational. By the end of the year, if the company successfully hires 450 new employees as mentioned in the last report, I will be expecting even more sales for the years 2022 and 2023. Given the investment symmetry, the upside potential, and the downside risk, I believe that Tenaris SA is a buy.Tenaris Is Coping Up In A High-Cost Environment
The drilling activity recovery has led to production ramp-up in some of TS's facilities. However, the steel price hike can take its toll on the company's margin in the near term. Initiatives on carbon intensity reduction can drive its business in the long term. The company has a strong balance sheet with no debt and robust liquidity.Tenaris Continues To Build Its Net Cash Position
Tenaris kept the damage limited in Q1 and expects the revenue to increase and the margins to expand the next few quarters. This will help the company to further boost its net cash (and cash-equivalent) position above the current $1.1B. Tenaris is depending on the energy sector, so I hope the strong oil price will boost its order intake.業績と収益の成長予測
| 日付 | 収益 | 収益 | フリー・キャッシュフロー | 営業活動によるキャッシュ | 平均アナリスト数 |
|---|---|---|---|---|---|
| 12/31/2028 | 13,172 | 2,001 | 1,860 | 2,479 | 13 |
| 12/31/2027 | 12,747 | 1,952 | 1,804 | 2,506 | 18 |
| 12/31/2026 | 12,241 | 1,874 | 1,711 | 2,440 | 16 |
| 3/31/2026 | 12,159 | 1,967 | 1,838 | 2,396 | N/A |
| 12/31/2025 | 11,981 | 1,933 | 1,982 | 2,600 | N/A |
| 9/30/2025 | 11,831 | 2,000 | 1,632 | 2,305 | N/A |
| 6/30/2025 | 11,769 | 2,003 | 1,863 | 2,538 | N/A |
| 3/31/2025 | 12,005 | 1,806 | 2,094 | 2,800 | N/A |
| 12/31/2024 | 12,524 | 2,036 | 2,162 | 2,866 | N/A |
| 9/30/2024 | 13,094 | 2,649 | 2,515 | 3,210 | N/A |
| 6/30/2024 | 13,416 | 2,739 | 3,274 | 3,955 | N/A |
| 3/31/2024 | 14,169 | 3,526 | 3,687 | 4,361 | N/A |
| 12/31/2023 | 14,869 | 3,918 | 3,776 | 4,395 | N/A |
| 9/30/2023 | 15,074 | 3,596 | 3,510 | 4,083 | N/A |
| 6/30/2023 | 14,811 | 3,665 | 2,510 | 3,028 | N/A |
| 3/31/2023 | 13,537 | 3,179 | 1,686 | 2,115 | N/A |
| 12/31/2022 | 11,763 | 2,553 | 770 | 1,167 | N/A |
| 9/30/2022 | 10,199 | 2,116 | 343 | 689 | N/A |
| 6/30/2022 | 8,978 | 1,839 | 197 | 500 | N/A |
| 3/31/2022 | 7,706 | 1,497 | -260 | 22 | N/A |
| 12/31/2021 | 6,521 | 1,100 | -126 | 119 | N/A |
| 9/30/2021 | 5,595 | 837 | -2 | 212 | N/A |
| 6/30/2021 | 4,854 | 474 | 394 | 577 | N/A |
| 3/31/2021 | 4,566 | 132 | 901 | 1,075 | N/A |
| 12/31/2020 | 5,147 | -634 | 1,326 | 1,520 | N/A |
| 9/30/2020 | 5,757 | -589 | 1,410 | 1,645 | N/A |
| 6/30/2020 | 6,508 | -450 | 1,321 | 1,602 | N/A |
| 3/31/2020 | 7,185 | -160 | 1,163 | 1,496 | N/A |
| 12/31/2019 | 7,294 | 743 | N/A | 1,528 | N/A |
| 9/30/2019 | 7,658 | 817 | N/A | 1,503 | N/A |
| 6/30/2019 | 7,794 | 957 | N/A | 1,179 | N/A |
| 3/31/2019 | 7,664 | 884 | N/A | 1,188 | N/A |
| 12/31/2018 | 7,659 | 876 | N/A | 611 | N/A |
| 9/30/2018 | 7,143 | 810 | N/A | 359 | N/A |
| 6/30/2018 | 6,547 | 668 | N/A | 306 | N/A |
| 3/31/2018 | 6,001 | 575 | N/A | -78 | N/A |
| 12/31/2017 | 5,289 | 453 | N/A | -22 | N/A |
| 9/30/2017 | 4,745 | 319 | N/A | -88 | N/A |
| 6/30/2017 | 4,429 | 219 | N/A | 168 | N/A |
| 3/31/2017 | 4,241 | 117 | N/A | 581 | N/A |
| 12/31/2016 | 4,294 | 14 | N/A | 864 | N/A |
| 9/30/2016 | 4,470 | -78 | N/A | 1,145 | N/A |
| 6/30/2016 | 5,043 | -437 | N/A | 1,478 | N/A |
| 3/31/2016 | 5,856 | -344 | N/A | 1,646 | N/A |
| 12/31/2015 | 6,903 | -99 | N/A | 2,215 | N/A |
| 9/30/2015 | 8,357 | 213 | N/A | 2,219 | N/A |
| 6/30/2015 | 9,219 | 650 | N/A | 2,292 | N/A |
アナリストによる今後の成長予測
収入対貯蓄率: TSの収益は今後 3 年間で減少すると予測されています (年間-0.8% )。
収益対市場: TSの収益は今後 3 年間で減少すると予測されています (年間-0.8% )。
高成長収益: TSの収益は今後 3 年間で減少すると予測されています。
収益対市場: TSの収益 ( 2.1% ) US市場 ( 11.7% ) よりも低い成長が予測されています。
高い収益成長: TSの収益 ( 2.1% ) 20%よりも低い成長が予測されています。
一株当たり利益成長率予想
将来の株主資本利益率
将来のROE: TSの 自己資本利益率 は、3年後には低くなると予測されています ( 12.4 %)。
成長企業の発掘
企業分析と財務データの現状
| データ | 最終更新日(UTC時間) |
|---|---|
| 企業分析 | 2026/05/22 12:31 |
| 終値 | 2026/05/22 00:00 |
| 収益 | 2026/03/31 |
| 年間収益 | 2025/12/31 |
データソース
企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。
| パッケージ | データ | タイムフレーム | 米国ソース例 |
|---|---|---|---|
| 会社財務 | 10年 |
| |
| アナリストのコンセンサス予想 | +プラス3年 |
|
|
| 市場価格 | 30年 |
| |
| 所有権 | 10年 |
| |
| マネジメント | 10年 |
| |
| 主な進展 | 10年 |
|
* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。
特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。
分析モデルとスノーフレーク
本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。
シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。
業界およびセクターの指標
私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。
アナリスト筋
Tenaris S.A. 18 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。44
| アナリスト | 機関 |
|---|---|
| Francesco Taddei | Banca Akros S.p.A. (ESN) |
| Francesco Sala | Banca Akros S.p.A. (ESN) |
| Francesco Sala | Banca Akros S.p.A. (ESN) |