WallStSmart

Tenaris SA ADR (TS)vsValaris Ltd (VAL)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Tenaris SA ADR generates 406% more annual revenue ($11.98B vs $2.37B). VAL leads profitability with a 41.5% profit margin vs 16.1%. VAL trades at a lower P/E of 6.7x. VAL earns a higher WallStSmart Score of 62/100 (C+).

TS

Buy

51

out of 100

Grade: C-

Growth: 6.0Profit: 7.0Value: 4.7Quality: 7.3
Piotroski: 3/9Altman Z: 5.33

VAL

Buy

62

out of 100

Grade: C+

Growth: 6.7Profit: 8.0Value: 8.3Quality: 5.8
Piotroski: 3/9Altman Z: 2.19
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

TSSignificantly Overvalued (-95.5%)

Margin of Safety

-95.5%

Fair Value

$24.89

Current Price

$55.82

$30.93 premium

UndervaluedFair: $24.89Overvalued
VALUndervalued (+86.4%)

Margin of Safety

+86.4%

Fair Value

$648.65

Current Price

$92.52

$556.13 discount

UndervaluedFair: $648.65Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

TS2 strengths · Avg: 9.0/10
Altman Z-ScoreHealth
5.3310/10

Safe zone — low bankruptcy risk

P/E RatioValuation
15.3x8/10

Attractively priced relative to earnings

VAL5 strengths · Avg: 9.6/10
P/E RatioValuation
6.7x10/10

Attractively priced relative to earnings

Return on EquityProfitability
36.2%10/10

Every $100 of equity generates 36 in profit

Profit MarginProfitability
41.5%10/10

Keeps 42 of every $100 in revenue as profit

EPS GrowthGrowth
446.6%10/10

Earnings expanding 446.6% YoY

Price/BookValuation
2.0x8/10

Reasonable price relative to book value

Areas to Watch

TS3 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
3.152/10

Expensive relative to growth rate

EPS GrowthGrowth
-6.4%2/10

Earnings declined 6.4%

VAL3 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Revenue GrowthGrowth
-8.0%2/10

Revenue declined 8.0%

Free Cash FlowQuality
$-38.52M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : TS

The strongest argument for TS centers on Altman Z-Score, P/E Ratio. Profitability is solid with margins at 16.1% and operating margin at 18.5%.

Bull Case : VAL

The strongest argument for VAL centers on P/E Ratio, Return on Equity, Profit Margin. Profitability is solid with margins at 41.5% and operating margin at 10.5%.

Bear Case : TS

The primary concerns for TS are Piotroski F-Score, PEG Ratio, EPS Growth.

Bear Case : VAL

The primary concerns for VAL are Piotroski F-Score, Revenue Growth, Free Cash Flow.

Key Dynamics to Monitor

TS profiles as a mature stock while VAL is a declining play — different risk/reward profiles.

VAL carries more volatility with a beta of 1.07 — expect wider price swings.

TS is growing revenue faster at 5.3% — sustainability is the question.

TS generates stronger free cash flow (666M), providing more financial flexibility.

Bottom Line

VAL scores higher overall (62/100 vs 51/100), backed by strong 41.5% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Tenaris SA ADR

ENERGY · OIL & GAS EQUIPMENT & SERVICES · USA

Tenaris SA produces and sells welded and seamless tubular steel products; and provides related services for the oil and gas industry and other industrial applications. The company is headquartered in Luxembourg, Luxembourg.

Valaris Ltd

ENERGY · OIL & GAS EQUIPMENT & SERVICES · USA

Valaris Limited provides offshore contract drilling services in various water depths for the oil and gas industry globally. The company is headquartered in Hamilton, Bermuda.

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