TS vs LCII vs LXFR Stock Comparison

Tenaris, Lci Industries and Luxfer Holdings Prices as of Oct 23, 2026 Peers: Industry group
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
8 wins
LCII Lci Industries
$84.89 -0.3% 1M -6.7% 1Y
Market cap
$2.14B
P/E
10.1x
Revenue (TTM)
$4.03B
Div. yield
–
Metal Fabrication Industrials
3 wins
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

Head to Head

11 decided of 12

Tenaris leads on 8 of the 12 questions below (Tenaris 8, Lci Industries 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTSLCIILXFRLeader
Larger companyMarket capitalisation $62.68B $2.14B $461.99M TS
Cheaper on earningsLower P/E, profitable companies only 32.8x 10.1x 57.7x LCII
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.7x — 17.5x TS
Faster revenue growthRevenue growth, trailing twelve months +2.3% +4.1% -10.6% LCII
More profitableNet margin, trailing twelve months 15.9% 5.2% 2.2% TS
Better return on capitalReturn on invested capital 12.7% 9.7% 4.6% TS
Less leveragedLower net debt / EBITDA -3.1x 1.5x 1.4x TS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +58.7% -6.7% +27.2% TS
Better 5-year returnAnnualised price return, 5 years +20.4%/yr -9.5%/yr -3.9%/yr TS
Less volatileAnnualised volatility, 1 year 29.2% 37.7% 33.2% TS
Higher overall scoreMean of the five percentile scores vs peers 58/100 70/100 50/100 LCII

Percentile Scorecard

TSLCIILXFR

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

AxisTSLCIILXFR
Valuation 42 #119 of 203 99 #3 of 203 58 #86 of 203
Growth 17 #156 of 188 58 #79 of 188 14 #161 of 188
Profitability 81 #36 of 187 61 #74 of 187 39 #114 of 187
Financial Health 99 #4 of 222 45 #123 of 222 59 #91 of 222
Shareholder Returns 52 #74 of 153 88 #20 of 153 80 #32 of 153
Overall 58 70 50
  • TS ranked among 222 companies in Machinery
  • LCII ranked among 222 companies in Machinery
  • LXFR ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodTSLCIILXFRSPY
1 month +4.4%-0.3%+0.1% -1.0%
3 months +1.0%-17.9%+1.3% +2.9%
6 months -8.0%-29.3%+31.5% +6.4%
Year to date +51.4%-30.0%+27.7% +11.4%
1 year +58.7%-6.7%+27.2% +13.1%
3 years +78.8%-22.1%+95.9% +79.4%
3 years, per year +21.4%-8.0%+25.1% +21.5%
5 years +152.4%-39.3%-18.1% +67.7%
5 years, per year +20.4%-9.5%-3.9% +10.9%
10 years +100.8%-7.2%— +255.2%
10 years, per year +7.2%-0.7%— +13.5%

Risk

MeasureTSLCIILXFRSPY
Volatility, 1Y 29.2%37.7%33.2% 12.7%
Downside volatility, 1Y 29.5%36.4%39.2% 12.7%
Beta vs S&P 500, 1Y 0.320.830.94 1.00
Return / volatility, 1Y 2.01-0.180.82 1.03
Max drawdown, 5Y -33.7%-53.5%-67.3% -25.4%
From 52-week high -9.1%-46.0%-9.4% -2.5%
52-week high $64.02$157.13$19.08 $779.14
52-week low $35.79$78.16$11.51 $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.

MultipleTSLCIILXFR
P/E now vs peer median 32.1xmedian 25.9x 9.8xmedian 25.9x 57.8xmedian 25.9x
P/S now vs peer median 5.2xmedian 1.9x 0.5xmedian 1.9x 1.3xmedian 1.9x
EV/EBITDA now vs peer median 18.8xmedian 13.7x 6.4xmedian 13.7x 15.5xmedian 13.7x
P/FCF now vs peer median 22.4xmedian 21.1x 7.2xmedian 21.1x 27.5xmedian 21.1x
P/B now vs peer median 3.6xmedian 2.3x 1.4xmedian 2.3x 2.1xmedian 2.3x
PEG now vs peer median —median 1.19 0.26median 1.19 -2.98median 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 monthsTSLCIILXFR
Revenue $12.04B $4.03B $363.20M
Gross profit $4.08B $1.03B $90.20M
Operating income $2.23B $301.92M $22.70M
Net income $1.97B $211.27M $8.00M
Free cash flow $2.78B $286.96M $16.80M
R&D – – $5.10M
EPS (diluted) – $8.66 $0.29
Cash & equivalents $9.02B $216.51M $11.50M
Total debt $1.27B $852.59M –
Shares (diluted) – 24.39M 27.22M
Enterprise value $33.72B $1.36B $421.39M

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
MetricTSLCIILXFR
P/E 32.1x 9.8x 57.8x
P/FCF 22.4x 7.2x 27.5x
P/Operating cash flow 27.9x 6.0x 17.8x
P/S 5.2x 0.5x 1.3x
P/B 3.6x 1.4x 2.1x
P/Tangible book 3.6x 1.9x 2.2x
EV/EBITDA 18.8x 6.4x 15.5x
EV/EBIT 24.1x 8.9x 22.4x
EV/Revenue 4.5x 0.7x 1.4x
EV/FCF 19.3x 9.4x 30.3x
EV/Operating cash flow 24.0x 7.8x 19.6x
PEG (3Y EPS CAGR) – 0.26 -2.98

Growth

14 metrics
MetricTSLCIILXFR
Revenue growth (1Y) 2.3% 4.1% -10.6%
Revenue CAGR (3Y) -6.7% 0.1% -5.4%
Gross profit growth (1Y) 2.7% 13.4% -1.3%
Gross profit CAGR (3Y) -13.9% 8.7% -0.1%
Operating income growth (1Y) 0.0% 26.3% -33.6%
Operating income CAGR (3Y) -20.6% 29.3% -14.7%
Net income growth (1Y) -3.3% 38.8% -67.1%
Net income CAGR (3Y) -18.8% 35.5% -19.3%
EPS growth (1Y) – 43.1% -67.2%
EPS CAGR (3Y) – 37.4% -19.4%
Operating cash flow growth (1Y) -11.7% 1.9% -42.4%
Operating cash flow CAGR (3Y) -9.6% -13.1% 6.7%
Free cash flow growth (1Y) -13.2% -3.4% -52.8%
Free cash flow CAGR (3Y) -7.8% -12.9% 14.8%

Profitability

14 metrics
MetricTSLCIILXFR
Gross margin 33.9% 25.7% 24.8%
EBITDA margin 23.7% 10.5% 9.0%
Operating margin 18.5% 7.5% 6.3%
Pretax margin 20.5% 7.1% 5.4%
Net margin 15.9% 5.2% 2.2%
FCF margin 23.1% 7.1% 4.6%
Operating cash flow margin 18.6% 8.6% 7.2%
Return on equity 11.4% 15.0% 3.6%
Return on assets 9.7% 6.5% 2.0%
Return on invested capital 12.7% 9.7% 4.6%
Return on capital employed 11.0% 11.4% 7.3%
Asset turnover 0.6x 1.2x 0.9x
Cash conversion (OCF / net income) 1.1x 1.6x 3.3x
Stock comp / revenue – 0.6% 1.1%

Financial Health

11 metrics
MetricTSLCIILXFR
Debt / assets 1.5% 26.1% 15.0%
Debt / equity 0.0x 0.6x 0.3x
Net debt / EBITDA -3.1x 1.5x 1.4x
Debt / FCF 0.1x 3.0x 3.5x
Liabilities / assets 15.2% 56.2% 42.8%
Equity / assets 84.8% 43.8% 57.2%
Interest coverage 45.4x – 7.3x
Current ratio – 2.5x 2.3x
Quick ratio 70.8x 1.0x 1.0x
Cash ratio 58.2x 0.4x 0.1x
Altman Z-score – 3.12 3.50

Shareholder Returns

7 metrics
MetricTSLCIILXFR
Dividend yield 3.1% 5.4% 2.3%
Net buyback yield -1.6% 0.3% 0.7%
Shareholder yield 1.5% 5.8% 3.0%
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.

ConsensusTSLCIILXFR
Forward P/E 14.7xFY2026 – 17.5xFY2026
EPS, next fiscal year $3.96FY2026 – $0.99FY2026
EPS growth, next FY +8.2%FY2026 – -10.8%FY2026
EPS growth, the year after +2.0% – +41.4%
Revenue, next fiscal year $13.00BFY2026 $4.16BFY2026 $386.72MFY2026
Revenue growth, next FY +8.5%FY2026 +1.1%FY2026 +4.2%FY2026
Revenue growth, the year after -6.3% +6.6% +2.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTSLCIILXFR
Held by institutions 3.6% 100.0% 91.6%
Institutions holding 283 358 136
Change in shares held, QoQ -2.4% -3.1% -1.6%
Institutions buying 154 179 76
Institutions selling 78 123 41
Buyers to sellers 1.97 1.46 1.85

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.

TSLCIILXFR
TS 1.00 -0.02 0.12
LCII -0.02 1.00 0.25
LXFR 0.12 0.25 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TS, LCII and LXFR?

Tenaris (TS) is the largest by market capitalisation: Tenaris (TS) $62.68B, Lci Industries (LCII) $2.14B, Luxfer Holdings (LXFR) $461.99M.

Which stock is cheaper, TS, LCII and LXFR?

Lci Industries (LCII) trades on the lowest price-to-earnings ratio (Tenaris (TS) 32.8x, Lci Industries (LCII) 10.1x, Luxfer Holdings (LXFR) 57.7x). On next year's consensus earnings, Tenaris (TS) is cheapest (Tenaris (TS) 14.7x, Luxfer Holdings (LXFR) 17.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Lci Industries (LCII) grew revenue fastest over the trailing twelve months: Tenaris (TS) +2.3%, Lci Industries (LCII) +4.1%, Luxfer Holdings (LXFR) -10.6%.

Which company is more profitable?

Tenaris (TS) has the highest net margin (Tenaris (TS) 15.9%, Lci Industries (LCII) 5.2%, Luxfer Holdings (LXFR) 2.2%). On return on invested capital, Tenaris (TS) leads (Tenaris (TS) 12.7%, Lci Industries (LCII) 9.7%, Luxfer Holdings (LXFR) 4.6%).

Which stock has performed better?

Over the past year Tenaris (TS) returned the most: Tenaris (TS) +58.7%, Lci Industries (LCII) -6.7%, Luxfer Holdings (LXFR) +27.2%. Over five years, Tenaris (TS) compounded fastest (Tenaris (TS) +20.4%/yr, Lci Industries (LCII) -9.5%/yr, Luxfer Holdings (LXFR) -3.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Tenaris (TS) has been the steadiest (Tenaris (TS) 29.2%, Lci Industries (LCII) 37.7%, Luxfer Holdings (LXFR) 33.2%). Volatility measures how widely the price swings, not the risk of the business.

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

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 8. 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.