Tenaris SA (BIT:TEN) Has Attractive Fundamentals, Here’s Why

I’ve been keeping an eye on Tenaris SA (BIT:TEN) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe TEN has a lot to offer. Basically, it is a financially-robust company with a an impressive history of dividend payments and an optimistic growth outlook. Below, I’ve touched on some key aspects you should know on a high level. If you’re interested in understanding beyond my high-level commentary, take a look at the report on Tenaris here.

Flawless balance sheet with reasonable growth potential and pays a dividend

TEN’s strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This indicates that TEN has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. TEN’s has produced operating cash levels of 0.33x total debt over the past year, which implies that TEN’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.

BIT:TEN Future Profit October 2nd 18

Income investors would also be happy to know that TEN is a great dividend company, with a current yield standing at 2.8%. TEN has also been regularly increasing its dividend payments to shareholders over the past decade.

BIT:TEN Historical Dividend Yield October 2nd 18

Next Steps:

For Tenaris, I’ve put together three essential factors you should further examine:

1. Historical Performance: What has TEN’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.

2. Valuation: What is TEN worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether TEN is currently mispriced by the market.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of TEN? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.