TS vs PKOH vs MEC Stock Comparison

Tenaris, Park Ohio Holdings and Mayville Engineering Company Prices as of Oct 26, 2026 Peers: Industry group
TS Tenaris Sa
$59.32 +6.9% 1M +65.7% 1Y
Market cap
$63.19B
P/E
33.0x
Revenue (TTM)
$12.04B
Div. yield
–
Metal Fabrication Industrials
7 wins
PKOH Park Ohio Holdings Corp
$43.35 -9.8% 1M +111.4% 1Y
Market cap
$601.45M
P/E
22.7x
Revenue (TTM)
$1.65B
Div. yield
–
Metal Fabrication Industrials
3 wins

Head to Head

11 decided of 12

Tenaris leads on 7 of the 12 questions below (Tenaris 7, Park Ohio Holdings 3, Mayville Engineering Company 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTSPKOHMECLeader
Larger companyMarket capitalisation $63.19B $601.45M $306.80M TS
Cheaper on earningsLower P/E, profitable companies only 33.0x 22.7x -17.7x PKOH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.0x 12.7x 54.6x PKOH
Faster revenue growthRevenue growth, trailing twelve months +2.3% +2.7% +11.8% MEC
More profitableNet margin, trailing twelve months 15.9% 1.6% -3.0% TS
Better return on capitalReturn on invested capital 12.7% 6.1% -1.8% TS
Less leveragedLower net debt / EBITDA -3.1x 5.8x 3.9x TS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +65.7% +111.4% -20.7% PKOH
Better 5-year returnAnnualised price return, 5 years +21.5%/yr +12.9%/yr -5.9%/yr TS
Less volatileAnnualised volatility, 1 year 29.0% 44.5% 54.6% TS
Higher overall scoreMean of the five percentile scores vs peers 58/100 51/100 28/100 TS

Percentile Scorecard

TSPKOHMEC

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

AxisTSPKOHMEC
Valuation 41 #120 of 203 86 #30 of 203 48 #106 of 203
Growth 18 #154 of 187 75 #48 of 187 11 #167 of 187
Profitability 80 #37 of 185 41 #110 of 185 23 #142 of 185
Financial Health 99 #4 of 219 12 #192 of 219 31 #151 of 219
Shareholder Returns 52 #74 of 153 43 #88 of 153 –
Overall 58 51 28
  • TS ranked among 222 companies in Machinery
  • PKOH ranked among 222 companies in Machinery
  • MEC ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodTSPKOHMECSPY
1 month +6.9%-9.8%-23.8% -0.8%
3 months +5.2%+10.9%-55.5% +3.5%
6 months -6.1%+61.5%-39.9% +7.0%
Year to date +54.3%+107.0%-30.0% +12.2%
1 year +65.7%+111.4%-20.7% +13.0%
3 years +88.8%+96.6%+22.1% +86.3%
3 years, per year +23.6%+25.3%+6.9% +23.1%
5 years +164.5%+83.0%-26.2% +68.6%
5 years, per year +21.5%+12.9%-5.9% +11.0%
10 years +108.1%+32.9%— +258.0%
10 years, per year +7.6%+2.9%— +13.6%

Risk

MeasureTSPKOHMECSPY
Volatility, 1Y 29.0%44.5%54.6% 12.7%
Downside volatility, 1Y 29.4%43.4%53.1% 12.7%
Beta vs S&P 500, 1Y 0.321.301.55 1.00
Return / volatility, 1Y 2.272.50-0.38 1.02
Max drawdown, 5Y -33.7%-62.4%-66.7% -25.4%
From 52-week high -7.3%-17.4%-65.1% -1.8%
52-week high $64.02$52.51$37.54 $779.14
52-week low $37.11$18.74$12.73 $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.

MultipleTSPKOHMEC
P/E now vs peer median 32.8xmedian 26.0x 22.7xmedian 26.0x -17.2xmedian 26.0x
P/S now vs peer median 5.3xmedian 1.9x 0.4xmedian 1.9x 0.6xmedian 1.9x
EV/EBITDA now vs peer median 19.2xmedian 14.0x 11.8xmedian 14.0x 14.5xmedian 14.0x
P/FCF now vs peer median 22.8xmedian 21.4x 30.6xmedian 21.4x -73.0xmedian 21.4x
P/B now vs peer median 3.7xmedian 2.2x 1.6xmedian 2.2x 1.0xmedian 2.2x
PEG now vs peer median —median 1.26 0.36median 1.26 0.36median 1.26

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 monthsTSPKOHMEC
Revenue $12.04B $1.65B $586.34M
Gross profit $4.08B $286.50M $53.52M
Operating income $2.23B $71.50M -$12.80M
Net income $1.97B $26.50M -$17.30M
Free cash flow $2.78B $20.50M -$4.57M
EPS (diluted) – $1.87 $-0.76
Cash & equivalents $9.02B $48.30M $2.20M
Total debt $1.27B $652.60M $752.49M
Shares (diluted) – 14.20M 22.77M
Enterprise value $34.23B $410.85M $299.81M

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
MetricTSPKOHMEC
P/E 32.8x 22.7x -17.2x
P/FCF 22.8x 30.6x -73.0x
P/Operating cash flow 28.4x 9.3x 24.0x
P/S 5.3x 0.4x 0.6x
P/B 3.7x 1.6x 1.0x
P/Tangible book 3.7x 1.6x 1.5x
EV/EBITDA 19.2x 11.8x 14.5x
EV/EBIT 24.6x 17.2x -35.8x
EV/Revenue 4.6x 0.7x 0.8x
EV/FCF 19.7x 60.1x -100.1x
EV/Operating cash flow 24.5x 18.3x 32.8x
PEG (3Y EPS CAGR) – 0.36 0.36

Growth

14 metrics
MetricTSPKOHMEC
Revenue growth (1Y) 2.3% 2.7% 11.8%
Revenue CAGR (3Y) -6.7% 0.8% 2.4%
Gross profit growth (1Y) 2.7% 4.9% -5.8%
Gross profit CAGR (3Y) -13.9% 5.6% -4.2%
Operating income growth (1Y) 0.0% -7.1% -142.1%
Operating income CAGR (3Y) -20.6% 10.1% -37.8%
Net income growth (1Y) -3.3% -4.7% -196.8%
Net income CAGR (3Y) -18.8% 66.6% -49.1%
EPS growth (1Y) – -6.0% -188.0%
EPS CAGR (3Y) – 62.5% -47.4%
Operating cash flow growth (1Y) -11.7% 476.1% -82.4%
Operating cash flow CAGR (3Y) -9.6% 93.5% -23.3%
Free cash flow growth (1Y) -13.2% 187.6% -106.7%
Free cash flow CAGR (3Y) -7.8% 46.1% 16.0%

Profitability

14 metrics
MetricTSPKOHMEC
Gross margin 33.9% 17.3% 9.1%
EBITDA margin 23.7% 6.3% 5.4%
Operating margin 18.5% 4.3% -2.2%
Pretax margin 20.5% 1.6% -4.7%
Net margin 15.9% 1.6% -3.0%
FCF margin 23.1% 1.2% -0.8%
Operating cash flow margin 18.6% 4.1% 2.4%
Return on equity 11.4% 6.9% -6.2%
Return on assets 9.7% 1.8% -3.0%
Return on invested capital 12.7% 6.1% -1.8%
Return on capital employed 11.0% 6.6% -2.6%
Asset turnover 0.6x 1.1x 1.0x
Cash conversion (OCF / net income) 1.1x 2.5x -0.8x
Stock comp / revenue – 0.3% 0.6%

Financial Health

11 metrics
MetricTSPKOHMEC
Debt / assets 1.5% 44.4% 21.4%
Debt / equity 0.0x 1.7x 0.4x
Net debt / EBITDA -3.1x 5.8x 3.9x
Debt / FCF 0.1x 31.8x -27.5x
Liabilities / assets 15.2% 73.3% 44.7%
Equity / assets 84.8% 26.7% 55.3%
Interest coverage 45.4x 1.4x -0.9x
Current ratio – 2.4x 1.7x
Quick ratio 70.8x 1.1x 0.9x
Cash ratio 58.2x 0.1x 0.0x
Altman Z-score – – 1.92

Shareholder Returns

7 metrics
MetricTSPKOHMEC
Dividend yield 3.0% 1.2% –
Net buyback yield -1.5% – –
Shareholder yield 1.5% 1.2% –
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.

ConsensusTSPKOHMEC
Forward P/E 15.0xFY2026 12.7xFY2026 54.6xFY2026
EPS, next fiscal year $3.96FY2026 $3.41FY2026 $0.24FY2026
EPS growth, next FY +8.2%FY2026 +26.3%FY2026 -22.6%FY2026
EPS growth, the year after +2.5% +13.2% +354.2%
Revenue, next fiscal year $12.99BFY2026 $1.78BFY2026 $666.72MFY2026
Revenue growth, next FY +8.4%FY2026 +11.5%FY2026 +22.0%FY2026
Revenue growth, the year after -6.1% +5.8% +4.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTSPKOHMEC
Held by institutions 3.6% 55.8% 83.1%
Institutions holding 283 104 156
Change in shares held, QoQ -2.4% +6.4% +47.1%
Institutions buying 154 58 98
Institutions selling 78 27 40
Buyers to sellers 1.97 2.15 2.45

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.

TSPKOHMEC
TS 1.00 0.00 0.14
PKOH 0.00 1.00 0.27
MEC 0.14 0.27 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TS, PKOH and MEC?

Tenaris (TS) is the largest by market capitalisation: Tenaris (TS) $63.19B, Park Ohio Holdings (PKOH) $601.45M, Mayville Engineering Company (MEC) $306.80M.

Which stock is cheaper, TS, PKOH and MEC?

Park Ohio Holdings (PKOH) trades on the lowest price-to-earnings ratio (Tenaris (TS) 33.0x, Park Ohio Holdings (PKOH) 22.7x, Mayville Engineering Company (MEC) -17.7x). On next year's consensus earnings, Park Ohio Holdings (PKOH) is cheapest (Tenaris (TS) 15.0x, Park Ohio Holdings (PKOH) 12.7x, Mayville Engineering Company (MEC) 54.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Mayville Engineering Company (MEC) grew revenue fastest over the trailing twelve months: Tenaris (TS) +2.3%, Park Ohio Holdings (PKOH) +2.7%, Mayville Engineering Company (MEC) +11.8%.

Which company is more profitable?

Tenaris (TS) has the highest net margin (Tenaris (TS) 15.9%, Park Ohio Holdings (PKOH) 1.6%, Mayville Engineering Company (MEC) -3.0%). On return on invested capital, Tenaris (TS) leads (Tenaris (TS) 12.7%, Park Ohio Holdings (PKOH) 6.1%, Mayville Engineering Company (MEC) -1.8%).

Which stock has performed better?

Over the past year Park Ohio Holdings (PKOH) returned the most: Tenaris (TS) +65.7%, Park Ohio Holdings (PKOH) +111.4%, Mayville Engineering Company (MEC) -20.7%. Over five years, Tenaris (TS) compounded fastest (Tenaris (TS) +21.5%/yr, Park Ohio Holdings (PKOH) +12.9%/yr, Mayville Engineering Company (MEC) -5.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Tenaris (TS) has been the steadiest (Tenaris (TS) 29.0%, Park Ohio Holdings (PKOH) 44.5%, Mayville Engineering Company (MEC) 54.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TS, PKOH and MEC?

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 7. 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.