Tenaris Ratios and Metrics

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 10, 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	17,956	16,210	15,957	17,052	9,132	7,006
Market Cap Growth	9.12%	1.59%	-6.42%	86.73%	30.34%	-30.31%
Enterprise Value	16,256	14,251	13,950	16,774	9,089	6,660
Last Close Price	17.78	14.24	12.65	12.81	6.68	4.99
PE Ratio	12.07	9.97	5.19	8.05	11.24	-
PS Ratio	2.04	1.62	1.37	1.75	1.90	1.86
PB Ratio	1.40	1.21	1.19	1.46	1.02	0.84
P/TBV Ratio	1.54	1.33	1.31	1.63	1.17	0.97
P/FCF Ratio	14.65	9.14	5.32	26.69	-	7.21
P/OCF Ratio	10.47	7.08	4.63	17.60	103.84	6.29
EV/Sales Ratio	1.85	1.43	1.20	1.72	1.89	1.77
EV/EBITDA Ratio	7.62	5.87	3.74	5.73	9.73	15.89
EV/EBIT Ratio	9.61	7.14	4.15	6.81	17.04	-
EV/FCF Ratio	13.26	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
Net Debt / Equity Ratio	-0.15	-0.15	-0.17	-0.05	-0.02	-0.05
Net Debt / EBITDA Ratio	-0.92	-0.81	-0.61	-0.19	-0.21	-1.01
Net Debt / FCF Ratio	-1.52	-1.11	-0.76	-0.89	2.13	-0.44
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	8.29%	10.04%	19.28%	12.43%	8.90%	-6.63%
FCF Yield	6.83%	10.94%	18.81%	3.75%	-1.01%	13.86%
Dividend Yield	3.15%	4.66%	3.72%	3.30%	4.53%	3.08%
Payout Ratio	46.52%	37.21%	16.25%	20.81%	28.97%	-
Buyback Yield / Dilution	6.38%	4.36%	0.14%	-	-	0.00%
Total Shareholder Return	9.65%	9.01%	3.86%	3.30%	4.53%	3.08%

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