LXFR vs CSTM vs TS Stock Comparison

Luxfer Holdings, Constellium Se and Tenaris Prices as of Oct 23, 2026 Peers: Industry group
LXFR Luxfer Holdings Plc
$17.28 +0.1% 1M +27.2% 1Y
Market cap
$461.99M
P/E
57.7x
Revenue (TTM)
$363.20M
Div. yield
–
Metal Fabrication Industrials
CSTM Constellium Se
$23.19 -7.0% 1M +38.9% 1Y
Market cap
$3.17B
P/E
5.8x
Revenue (TTM)
$9.58B
Div. yield
–
Metal Fabrication Industrials
5 wins
TS Tenaris Sa
$58.21 +4.4% 1M +58.7% 1Y
Market cap
$62.68B
P/E
32.8x
Revenue (TTM)
$12.04B
Div. yield
–
Metal Fabrication Industrials
6 wins

Head to Head

11 decided of 12

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

QuestionLXFRCSTMTSLeader
Larger companyMarket capitalisation $461.99M $3.17B $62.68B TS
Cheaper on earningsLower P/E, profitable companies only 57.7x 5.8x 32.8x CSTM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.5x 5.7x 14.7x CSTM
Faster revenue growthRevenue growth, trailing twelve months -10.6% +25.9% +2.3% CSTM
More profitableNet margin, trailing twelve months 2.2% 5.7% 15.9% TS
Better return on capitalReturn on invested capital 4.6% 25.6% 12.7% CSTM
Less leveragedLower net debt / EBITDA 1.4x 1.2x -3.1x TS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +27.2% +38.9% +58.7% TS
Better 5-year returnAnnualised price return, 5 years -3.9%/yr +5.2%/yr +20.4%/yr TS
Less volatileAnnualised volatility, 1 year 33.2% 44.6% 29.2% TS
Higher overall scoreMean of the five percentile scores vs peers 50/100 74/100 58/100 CSTM

Percentile Scorecard

LXFRCSTMTS

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

AxisLXFRCSTMTS
Valuation 58 #86 of 203 97 #7 of 203 42 #119 of 203
Growth 14 #161 of 188 98 #5 of 188 17 #156 of 188
Profitability 39 #114 of 187 66 #65 of 187 81 #36 of 187
Financial Health 59 #91 of 222 19 #181 of 222 99 #4 of 222
Shareholder Returns 80 #32 of 153 91 #15 of 153 52 #74 of 153
Overall 50 74 58
  • LXFR ranked among 222 companies in Machinery
  • CSTM ranked among 222 companies in Machinery
  • TS ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodLXFRCSTMTSSPY
1 month +0.1%-7.0%+4.4% -1.0%
3 months +1.3%-20.2%+1.0% +2.9%
6 months +31.5%-26.1%-8.0% +6.4%
Year to date +27.7%+23.0%+51.4% +11.4%
1 year +27.2%+38.9%+58.7% +13.1%
3 years +95.9%+42.4%+78.8% +79.4%
3 years, per year +25.1%+12.5%+21.4% +21.5%
5 years -18.1%+28.8%+152.4% +67.7%
5 years, per year -3.9%+5.2%+20.4% +10.9%
10 years —+314.1%+100.8% +255.2%
10 years, per year —+15.3%+7.2% +13.5%

Risk

MeasureLXFRCSTMTSSPY
Volatility, 1Y 33.2%44.6%29.2% 12.7%
Downside volatility, 1Y 39.2%42.0%29.5% 12.7%
Beta vs S&P 500, 1Y 0.941.910.32 1.00
Return / volatility, 1Y 0.820.872.01 1.03
Max drawdown, 5Y -67.3%-66.3%-33.7% -25.4%
From 52-week high -9.4%-35.9%-9.1% -2.5%
52-week high $19.08$36.15$64.02 $779.14
52-week low $11.51$14.75$35.79 $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.

MultipleLXFRCSTMTS
P/E now vs peer median 57.8xmedian 25.9x 5.8xmedian 25.9x 32.1xmedian 25.9x
P/S now vs peer median 1.3xmedian 1.9x 0.3xmedian 1.9x 5.2xmedian 1.9x
EV/EBITDA now vs peer median 15.5xmedian 13.7x 3.3xmedian 13.7x 18.8xmedian 13.7x
P/FCF now vs peer median 27.5xmedian 21.1x 14.4xmedian 21.1x 22.4xmedian 21.1x
P/B now vs peer median 2.1xmedian 2.3x 2.5xmedian 2.3x 3.6xmedian 2.3x
PEG now vs peer median -2.98median 1.19 0.07median 1.19 —median 1.19

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 monthsLXFRCSTMTS
Revenue $363.20M $9.58B $12.04B
Gross profit $90.20M $1.56B $4.08B
Operating income $22.70M $1.14B $2.23B
Net income $8.00M $545.00M $1.97B
Free cash flow $16.80M $218.00M $2.78B
R&D $5.10M $53.00M –
EPS (diluted) $0.29 $3.89 –
Cash & equivalents $11.50M $163.00M $9.02B
Total debt – $1.92B $1.27B
Shares (diluted) 27.22M 140.15M –
Enterprise value $421.39M $2.62B $33.72B

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
MetricLXFRCSTMTS
P/E 57.8x 5.8x 32.1x
P/FCF 27.5x 14.4x 22.4x
P/Operating cash flow 17.8x 5.7x 27.9x
P/S 1.3x 0.3x 5.2x
P/B 2.1x 2.5x 3.6x
P/Tangible book 2.2x 2.7x 3.6x
EV/EBITDA 15.5x 3.3x 18.8x
EV/EBIT 22.4x 4.3x 24.1x
EV/Revenue 1.4x 0.5x 4.5x
EV/FCF 30.3x 22.5x 19.3x
EV/Operating cash flow 19.6x 8.9x 24.0x
PEG (3Y EPS CAGR) -2.98 0.07 –

Growth

14 metrics
MetricLXFRCSTMTS
Revenue growth (1Y) -10.6% 25.9% 2.3%
Revenue CAGR (3Y) -5.4% 6.3% -6.7%
Gross profit growth (1Y) -1.3% 66.2% 2.7%
Gross profit CAGR (3Y) -0.1% 21.4% -13.9%
Operating income growth (1Y) -33.6% 101.1% 0.0%
Operating income CAGR (3Y) -14.7% 27.0% -20.6%
Net income growth (1Y) -67.1% 1,457% -3.3%
Net income CAGR (3Y) -19.3% 19.3% -18.8%
EPS growth (1Y) -67.2% 1,629% –
EPS CAGR (3Y) -19.4% 85.0% –
Operating cash flow growth (1Y) -42.4% 84.9% -11.7%
Operating cash flow CAGR (3Y) 6.7% – -9.6%
Free cash flow growth (1Y) -52.8% 311.7% -13.2%
Free cash flow CAGR (3Y) 14.8% – -7.8%

Profitability

14 metrics
MetricLXFRCSTMTS
Gross margin 24.8% 16.3% 33.9%
EBITDA margin 9.0% 15.5% 23.7%
Operating margin 6.3% 11.9% 18.5%
Pretax margin 5.4% 8.1% 20.5%
Net margin 2.2% 5.7% 15.9%
FCF margin 4.6% 2.3% 23.1%
Operating cash flow margin 7.2% 5.8% 18.6%
Return on equity 3.6% 45.7% 11.4%
Return on assets 2.0% 9.1% 9.7%
Return on invested capital 4.6% 25.6% 12.7%
Return on capital employed 7.3% 31.2% 11.0%
Asset turnover 0.9x 1.6x 0.6x
Cash conversion (OCF / net income) 3.3x 1.0x 1.1x
Stock comp / revenue 1.1% – –

Financial Health

11 metrics
MetricLXFRCSTMTS
Debt / assets 15.0% 31.7% 1.5%
Debt / equity 0.3x 1.5x 0.0x
Net debt / EBITDA 1.4x 1.2x -3.1x
Debt / FCF 3.5x 8.8x 0.1x
Liabilities / assets 42.8% 79.3% 15.2%
Equity / assets 57.2% 20.7% 84.8%
Interest coverage 7.3x 10.5x 45.4x
Current ratio 2.3x 1.4x –
Quick ratio 1.0x 0.6x 70.8x
Cash ratio 0.1x 0.1x 58.2x
Altman Z-score 3.50 2.94 –

Shareholder Returns

7 metrics
MetricLXFRCSTMTS
Dividend yield 2.3% – 3.1%
Net buyback yield 0.7% 3.6% -1.6%
Shareholder yield 3.0% 3.6% 1.5%
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.

ConsensusLXFRCSTMTS
Forward P/E 17.5xFY2026 5.7xFY2026 14.7xFY2026
EPS, next fiscal year $0.99FY2026 $4.08FY2026 $3.96FY2026
EPS growth, next FY -10.8%FY2026 +229.0%FY2026 +8.2%FY2026
EPS growth, the year after +41.4% -31.9% +2.0%
Revenue, next fiscal year $386.72MFY2026 $10.93BFY2026 $13.00BFY2026
Revenue growth, next FY +4.2%FY2026 +29.4%FY2026 +8.5%FY2026
Revenue growth, the year after +2.6% +2.0% -6.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLXFRCSTMTS
Held by institutions 91.6% 88.6% 3.6%
Institutions holding 136 384 283
Change in shares held, QoQ -1.6% -4.5% -2.4%
Institutions buying 76 255 154
Institutions selling 41 108 78
Buyers to sellers 1.85 2.36 1.97

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.

LXFRCSTMTS
LXFR 1.00 0.34 0.12
CSTM 0.34 1.00 0.32
TS 0.12 0.32 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LXFR, CSTM and TS?

Tenaris (TS) is the largest by market capitalisation: Luxfer Holdings (LXFR) $461.99M, Constellium Se (CSTM) $3.17B, Tenaris (TS) $62.68B.

Which stock is cheaper, LXFR, CSTM and TS?

Constellium Se (CSTM) trades on the lowest price-to-earnings ratio (Luxfer Holdings (LXFR) 57.7x, Constellium Se (CSTM) 5.8x, Tenaris (TS) 32.8x). On next year's consensus earnings, Constellium Se (CSTM) is cheapest (Luxfer Holdings (LXFR) 17.5x, Constellium Se (CSTM) 5.7x, Tenaris (TS) 14.7x). 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: Luxfer Holdings (LXFR) -10.6%, Constellium Se (CSTM) +25.9%, Tenaris (TS) +2.3%.

Which company is more profitable?

Tenaris (TS) has the highest net margin (Luxfer Holdings (LXFR) 2.2%, Constellium Se (CSTM) 5.7%, Tenaris (TS) 15.9%). On return on invested capital, Constellium Se (CSTM) leads (Luxfer Holdings (LXFR) 4.6%, Constellium Se (CSTM) 25.6%, Tenaris (TS) 12.7%).

Which stock has performed better?

Over the past year Tenaris (TS) returned the most: Luxfer Holdings (LXFR) +27.2%, Constellium Se (CSTM) +38.9%, Tenaris (TS) +58.7%. Over five years, Tenaris (TS) compounded fastest (Luxfer Holdings (LXFR) -3.9%/yr, Constellium Se (CSTM) +5.2%/yr, Tenaris (TS) +20.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Tenaris (TS) has been the steadiest (Luxfer Holdings (LXFR) 33.2%, Constellium Se (CSTM) 44.6%, Tenaris (TS) 29.2%). Volatility measures how widely the price swings, not the risk of the business.

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

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.