Tenaris Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan '26 Jan 7, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	122,831	125,516	98,625	108,619	68,895	49,676
Market Cap Growth	-0.41%	27.27%	-9.20%	57.66%	38.69%	-7.18%
Enterprise Value	110,777	110,345	86,219	106,847	68,572	47,221
Last Close Price	107.25	110.71	78.46	81.38	-	-
PE Ratio	11.52	9.97	5.19	8.05	11.24	-
PS Ratio	1.95	1.62	1.37	1.75	1.90	1.86
PB Ratio	1.34	1.21	1.19	1.46	1.02	0.84
P/TBV Ratio	1.47	1.33	1.31	1.63	1.17	0.97
P/FCF Ratio	13.99	9.14	5.32	26.69	-	7.21
P/OCF Ratio	10.00	7.08	4.63	17.60	103.84	6.29
EV/Sales Ratio	1.78	1.43	1.20	1.72	1.89	1.77
EV/EBITDA Ratio	7.32	5.87	3.74	5.73	9.73	15.89
EV/EBIT Ratio	9.24	7.14	4.15	6.81	17.04	-
EV/FCF Ratio	12.61	8.04	4.65	26.25	-	6.86
Debt / Equity Ratio	0.03	0.04	0.04	0.06	0.04	0.08
Debt / EBITDA Ratio	0.17	0.19	0.15	0.24	0.34	1.39
Debt / FCF Ratio	0.29	0.26	0.19	1.09	-	0.66
Asset Turnover	0.57	0.60	0.77	0.74	0.46	0.36
Inventory Turnover	2.06	2.10	2.12	2.07	2.12	2.07
Quick Ratio	2.55	2.03	2.21	1.55	1.42	2.21
Current Ratio	4.08	3.50	3.62	3.04	3.19	3.68
Return on Equity (ROE)	11.71%	12.27%	25.48%	19.50%	8.95%	-5.44%
Return on Assets (ROA)	6.63%	7.53%	13.85%	11.60%	3.21%	-0.21%
Return on Invested Capital (ROIC)	12.33%	14.26%	26.61%	18.98%	5.39%	-0.44%
Return on Capital Employed (ROCE)	12.20%	14.00%	23.50%	20.10%	5.60%	-0.40%
Earnings Yield	8.68%	10.04%	19.28%	12.43%	8.90%	-6.63%
FCF Yield	7.15%	10.94%	18.81%	3.75%	-1.01%	13.86%
Dividend Yield	4.24%	4.64%	3.71%	3.31%	-	-
Payout Ratio	44.97%	37.21%	16.25%	20.81%	28.97%	-
Buyback Yield / Dilution	6.38%	4.36%	0.14%	-	-	0.00%
Total Shareholder Return	10.62%	9.00%	3.85%	3.31%	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.