Estimating The Fair Value Of Tenaris S.A. (BIT:TEN)
May 22
Italian (Borsa Italiana) Energy Services Industry Analysis
UpdatedJun 08, 2024
DataAggregated Company Financials
Companies3
- 7D-2.0%
- 3M-10.1%
- 1Y24.2%
- YTD1.1%
Over the last 7 days, the Energy Services industry has dropped 5.3%, driven by declines from every company within the industry. Over the past 12 months, the industry was up 23%. As for the next few years, earnings are forecast to decline by 7.5% per annum.
Industry Valuation and Performance
Has the Italian Energy Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 08 Jun 2024 | €21.4b | €25.8b | €3.5b | 17.9x | 6.1x | 0.8x |
| Mon, 06 May 2024 | €22.3b | €25.8b | €3.5b | 17.7x | 6.3x | 0.9x |
| Wed, 03 Apr 2024 | €25.8b | €26.0b | €3.8b | 24.8x | 6.7x | 1x |
| Fri, 01 Mar 2024 | €22.6b | €25.4b | €3.6b | 11.2x | 6.4x | 0.9x |
| Sun, 28 Jan 2024 | €20.7b | €25.5b | €3.2b | 11.4x | 6.4x | 0.8x |
| Tue, 26 Dec 2023 | €21.8b | €25.3b | €3.2b | 12.5x | 6.8x | 0.9x |
| Thu, 23 Nov 2023 | €21.0b | €25.5b | €3.2b | 9.9x | 6.5x | 0.8x |
| Sat, 21 Oct 2023 | €21.1b | €25.5b | €3.3b | 10.1x | 6.3x | 0.8x |
| Mon, 18 Sep 2023 | €21.6b | €25.3b | €3.3b | 19x | 6.6x | 0.9x |
| Wed, 16 Aug 2023 | €21.3b | €25.0b | €3.2b | 18.1x | 6.6x | 0.9x |
| Fri, 14 Jul 2023 | €17.0b | €12.4b | €2.8b | 18.4x | 6x | 1.4x |
| Sun, 11 Jun 2023 | €15.3b | €12.9b | €3.0b | 16.5x | 5.2x | 1.2x |
| Tue, 09 May 2023 | €14.9b | €12.6b | €2.9b | 16.5x | 5.2x | 1.2x |
| Thu, 06 Apr 2023 | €15.5b | €11.0b | €2.3b | 6.6x | 6.7x | 1.4x |
| Sat, 04 Mar 2023 | €22.2b | €21.3b | €2.1b | 7.9x | 10.8x | 1x |
| Mon, 30 Jan 2023 | €22.3b | €18.7b | €367.4m | 10x | 60.8x | 1.2x |
| Wed, 28 Dec 2022 | €22.0b | €18.9b | €408.9m | 9.9x | 53.9x | 1.2x |
| Fri, 25 Nov 2022 | €21.4b | €19.1b | €453.7m | 9.4x | 47.2x | 1.1x |
| Sun, 23 Oct 2022 | €19.3b | €17.4b | -€503,819.00 | 9.4x | -38272x | 1.1x |
| Tue, 20 Sep 2022 | €17.3b | €17.2b | -€68,169,397.00 | 8.7x | -254.2x | 1x |
| Thu, 18 Aug 2022 | €16.7b | €17.0b | -€97,047,930.00 | 8.3x | -172.3x | 1x |
| Sat, 16 Jul 2022 | €16.2b | €15.0b | -€1,016,577,571.00 | 9.7x | -15.9x | 1.1x |
| Mon, 13 Jun 2022 | €18.5b | €14.7b | -€1,077,489,964.00 | 12.3x | -17.2x | 1.3x |
| Wed, 11 May 2022 | €17.8b | €14.7b | -€1,078,836,921.00 | 11.7x | -16.5x | 1.2x |
| Fri, 08 Apr 2022 | €17.6b | €13.0b | -€959,741,834.00 | 16.3x | -18.4x | 1.4x |
| Sun, 06 Mar 2022 | €14.7b | €13.2b | -€277,243,006.00 | 13.5x | -53x | 1.1x |
| Tue, 01 Feb 2022 | €14.2b | €12.2b | -€538,219,741.00 | 17x | -26.4x | 1.2x |
| Thu, 30 Dec 2021 | €12.9b | €12.1b | -€547,925,623.00 | 14.9x | -23.6x | 1.1x |
| Sat, 27 Nov 2021 | €12.3b | €12.2b | -€545,833,838.00 | 14.1x | -22.6x | 1x |
| Mon, 25 Oct 2021 | €14.0b | €11.2b | -€666,828,749.00 | 28.6x | -21x | 1.2x |
| Wed, 22 Sep 2021 | €11.7b | €11.2b | -€658,180,300.00 | 23.6x | -17.7x | 1x |
| Fri, 20 Aug 2021 | €11.7b | €11.2b | -€662,919,270.20 | 24.1x | -17.6x | 1x |
Price to Earnings Ratio
-19.7x
Current Industry PE
- There are only 3 companies in the Italian Energy Services industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the Energy Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 32% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Italian Energy industry?
| IT Market | 0.073% | |
| Energy | -2.95% | |
| Energy Services | -2.03% | |
| Oil and Gas Drilling | 0% | |
| Oil and Gas Services | -2.03% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Services industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings decline of 7.5%, which is lower than the prior year's growth of 31.3% per year.
- Investors are most pessimistic about the Oil and Gas Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Oil and Gas Services industry since they expect its earnings to decline by only 7.5% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 31% per year.
- In contrast, the Oil and Gas Services industry is expected to see its earnings decline by 7.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||
