HIHO vs TS vs CSTM Stock Comparison

Highway Holdings, Tenaris and Constellium Se Prices as of Oct 28, 2026 Peers: Industry group
HIHO Highway Holdings Ltd
$0.74 -17.8% 1M -53.8% 1Y
Market cap
$3.42M
P/E
–
Revenue (TTM)
—
Div. yield
13.51%
Metal Fabrication Industrials
1 win
TS Tenaris Sa
$60.41 +7.6% 1M +60.2% 1Y
Market cap
$64.76B
P/E
33.4x
Revenue (TTM)
$12.04B
Div. yield
2.95%
Metal Fabrication Industrials
6 wins
CSTM Constellium Se
$24.44 -0.8% 1M +44.5% 1Y
Market cap
$3.29B
P/E
5.7x
Revenue (TTM)
$10.05B
Div. yield
–
Metal Fabrication Industrials
5 wins

Head to Head

12 decided of 12

Tenaris leads on 6 of the 12 questions below (Tenaris 6, Constellium Se 5, Highway Holdings 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHIHOTSCSTMLeader
Larger companyMarket capitalisation $3.42M $64.76B $3.29B TS
Cheaper on earningsLower P/E, profitable companies only — 33.4x 5.7x CSTM
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 15.2x 5.8x CSTM
Faster revenue growthRevenue growth, trailing twelve months — +2.3% +26.1% CSTM
More profitableNet margin, trailing twelve months — 15.9% 5.7% TS
Better return on capitalReturn on invested capital — 12.7% 26.9% CSTM
Less leveragedLower net debt / EBITDA — -3.1x 1.1x TS
Higher dividend yieldTrailing dividend yield 13.51% 2.95% — HIHO
Better 1-year returnPrice return, last 12 months -53.8% +60.2% +44.5% TS
Better 5-year returnAnnualised price return, 5 years -28.3%/yr +22.1%/yr +5.8%/yr TS
Less volatileAnnualised volatility, 1 year 87.9% 28.9% 44.8% TS
Higher overall scoreMean of the five percentile scores vs peers — 58/100 75/100 CSTM

Percentile Scorecard

HIHOTSCSTM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHIHOTSCSTM
Valuation – 42 #118 of 203 98 #6 of 203
Growth – 17 #157 of 188 100 #1 of 188
Profitability – 81 #36 of 184 66 #64 of 184
Financial Health 80 #45 of 217 99 #4 of 217 21 #172 of 217
Shareholder Returns 99 #2 of 153 53 #72 of 153 90 #16 of 153
Overall – 58 75
  • HIHO ranked among 222 companies in Machinery
  • TS ranked among 222 companies in Machinery
  • CSTM ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHIHOTSCSTMSPY
1 month -17.8%+7.6%-0.8% +0.9%
3 months -31.5%+8.2%-11.4% +5.9%
6 months -7.6%-4.9%-24.2% +8.5%
Year to date -53.5%+57.1%+29.7% +13.3%
1 year -53.8%+60.2%+44.5% +12.4%
3 years -62.1%+92.3%+59.5% +88.1%
3 years, per year -27.6%+24.4%+16.9% +23.5%
5 years -81.0%+171.1%+32.8% +68.2%
5 years, per year -28.3%+22.1%+5.8% +11.0%
10 years -82.1%+112.2%+365.5% +263.4%
10 years, per year -15.8%+7.8%+16.6% +13.8%

Risk

MeasureHIHOTSCSTMSPY
Volatility, 1Y 87.9%28.9%44.8% 12.7%
Downside volatility, 1Y 77.5%29.4%42.0% 12.7%
Beta vs S&P 500, 1Y 0.420.331.93 1.00
Return / volatility, 1Y -0.612.080.99 0.98
Max drawdown, 5Y -83.9%-33.7%-66.3% -25.4%
From 52-week high -55.4%-5.6%-32.4% -0.9%
52-week high $1.66$64.02$36.15 $779.14
52-week low $0.71$37.70$14.75 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHIHOTSCSTM
P/E now vs peer median —median 25.4x 33.4xmedian 25.4x 5.7xmedian 25.4x
P/S now vs peer median —median 1.9x 5.4xmedian 1.9x 0.3xmedian 1.9x
EV/EBITDA now vs peer median —median 14.3x 19.6xmedian 14.3x 3.2xmedian 14.3x
P/FCF now vs peer median —median 21.8x 23.3xmedian 21.8x 10.3xmedian 21.8x
P/B now vs peer median 0.6xmedian 2.2x 3.8xmedian 2.2x 2.5xmedian 2.2x
PEG now vs peer median —median 1.41 —median 1.41 —median 1.41

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHIHOTSCSTM
Revenue – $12.04B $10.05B
Gross profit – $4.08B $1.61B
Operating income – $2.23B $1.20B
Net income – $1.97B $576.00M
Free cash flow – $2.78B $319.00M
R&D – – $53.00M
EPS (diluted) – – $4.13
Cash & equivalents $3.86M $9.02B $158.00M
Total debt $1.19M $1.27B $1.82B
Shares (diluted) 4.55M – 138.99M
Enterprise value -$15.00M $36.05B $2.71B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHIHOTSCSTM
P/E – 33.4x 5.7x
P/FCF – 23.3x 10.3x
P/Operating cash flow – 28.9x 5.2x
P/S – 5.4x 0.3x
P/B 0.6x 3.8x 2.5x
P/Tangible book 0.7x 3.8x 2.6x
EV/EBITDA – 19.6x 3.2x
EV/EBIT – 25.1x 4.1x
EV/Revenue – 4.7x 0.5x
EV/FCF – 20.1x 15.5x
EV/Operating cash flow – 25.0x 7.8x
PEG (3Y EPS CAGR) – – –

Growth

14 metrics
MetricHIHOTSCSTM
Revenue growth (1Y) – 2.3% 26.1%
Revenue CAGR (3Y) – -6.7% –
Gross profit growth (1Y) – 2.7% 54.0%
Gross profit CAGR (3Y) – -13.9% –
Operating income growth (1Y) – 0.0% 82.1%
Operating income CAGR (3Y) – -20.6% –
Net income growth (1Y) – -3.3% 400.9%
Net income CAGR (3Y) – -18.8% –
EPS growth (1Y) – – 413.6%
EPS CAGR (3Y) – – –
Operating cash flow growth (1Y) – -11.7% 92.2%
Operating cash flow CAGR (3Y) – -9.6% –
Free cash flow growth (1Y) – -13.2% 897.5%
Free cash flow CAGR (3Y) – -7.8% –

Profitability

14 metrics
MetricHIHOTSCSTM
Gross margin – 33.9% 16.1%
EBITDA margin – 23.7% 15.3%
Operating margin – 18.5% 11.9%
Pretax margin – 20.5% 8.1%
Net margin – 15.9% 5.7%
FCF margin – 23.1% 3.2%
Operating cash flow margin – 18.6% 6.3%
Return on equity – 11.4% 44.4%
Return on assets – 9.7% 9.7%
Return on invested capital – 12.7% 26.9%
Return on capital employed – 11.0% 31.0%
Asset turnover – 0.6x 1.7x
Cash conversion (OCF / net income) – 1.1x 1.1x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricHIHOTSCSTM
Debt / assets 5.1% 1.5% 31.0%
Debt / equity 0.1x 0.0x 1.4x
Net debt / EBITDA – -3.1x 1.1x
Debt / FCF – 0.1x 5.7x
Liabilities / assets 47.4% 15.2% 77.1%
Equity / assets 52.6% 84.8% 22.9%
Interest coverage – 45.4x 11.0x
Current ratio 2.4x – 1.5x
Quick ratio 1.8x 70.8x 0.6x
Cash ratio 1.4x 58.2x 0.1x
Altman Z-score – – 3.22

Shareholder Returns

7 metrics
MetricHIHOTSCSTM
Dividend yield 13.5% 2.9% –
Net buyback yield – -1.5% 3.6%
Shareholder yield 13.5% 1.4% 3.6%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHIHOTSCSTM
Forward P/E – 15.2xFY2026 5.8xFY2026
EPS, next fiscal year – $3.97FY2026 $4.18FY2026
EPS growth, next FY – +8.5%FY2026 +237.1%FY2026
EPS growth, the year after – +1.5% -32.3%
Revenue, next fiscal year – $12.99BFY2026 $10.71BFY2026
Revenue growth, next FY – +8.4%FY2026 +26.8%FY2026
Revenue growth, the year after – -6.1% +1.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHIHOTSCSTM
Held by institutions – 3.6% 88.6%
Institutions holding – 283 384
Change in shares held, QoQ – -2.4% -4.5%
Institutions buying – 154 255
Institutions selling – 78 108
Buyers to sellers – 1.97 2.36

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HIHOTSCSTM
HIHO 1.00 -0.04 0.06
TS -0.04 1.00 0.33
CSTM 0.06 0.33 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HIHO, TS and CSTM?

Tenaris (TS) is the largest by market capitalisation: Highway Holdings (HIHO) $3.42M, Tenaris (TS) $64.76B, Constellium Se (CSTM) $3.29B.

Which stock is cheaper, HIHO, TS and CSTM?

Constellium Se (CSTM) trades on the lowest price-to-earnings ratio (Tenaris (TS) 33.4x, Constellium Se (CSTM) 5.7x). On next year's consensus earnings, Constellium Se (CSTM) is cheapest (Tenaris (TS) 15.2x, Constellium Se (CSTM) 5.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Constellium Se (CSTM) grew revenue fastest over the trailing twelve months: Tenaris (TS) +2.3%, Constellium Se (CSTM) +26.1%.

Which company is more profitable?

Tenaris (TS) has the highest net margin (Tenaris (TS) 15.9%, Constellium Se (CSTM) 5.7%). On return on invested capital, Constellium Se (CSTM) leads (Tenaris (TS) 12.7%, Constellium Se (CSTM) 26.9%).

Which stock has performed better?

Over the past year Tenaris (TS) returned the most: Highway Holdings (HIHO) -53.8%, Tenaris (TS) +60.2%, Constellium Se (CSTM) +44.5%. Over five years, Tenaris (TS) compounded fastest (Highway Holdings (HIHO) -28.3%/yr, Tenaris (TS) +22.1%/yr, Constellium Se (CSTM) +5.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Highway Holdings (HIHO) has the highest dividend yield: Highway Holdings (HIHO) 13.51%, Tenaris (TS) 2.95%. Constellium Se (CSTM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Tenaris (TS) has been the steadiest (Highway Holdings (HIHO) 87.9%, Tenaris (TS) 28.9%, Constellium Se (CSTM) 44.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HIHO, TS and CSTM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Tenaris (TS) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.