Archrock Inc (AROC) is slightly undervalued and Tenaris SA ADR (TS) is undervalued.
Against our estimates of intrinsic value, TS trades at the wider discount: a margin of safety of +39%, against +8% for AROC.
Values as of the 19 Oct 2026 close.
Discounting its cash flows at 8.3% (average of 3 methods) values the shares at $31.99; the price of $29.39 is 8% below that value, and 79% of that value comes from beyond year five.
Leak Score 47/100 on 11 of 12 signals
Discounting its cash flows at 9.5% (average of 3 methods) values the shares at $95.38; the price of $58.41 is 39% below that value, and 76% of that value comes from beyond year five.
Leak Score 72/100 on 12 of 12 signals
| Metric | AROC | TS |
|---|---|---|
| Verdict | Slightly undervalued | Undervalued |
| Price | $29.39 | $58.41 |
| Intrinsic value | $31.99 | $95.38 |
| Margin of safety | +8% | +39% |
| Leak Score | 47/100 (11/12) | 72/100 (12/12) |
| Market cap | $5.2B | $31.3B |
| Revenue growth, 5 years | 11.2% | 18.3% |
| Operating margin | 38.3% | 18.8% |
| Net margin | 21.6% | 15.9% |
| Return on equity | 21.9% | 11.4% |
| Debt to equity | 1.52 | 0.03 |
| P/E | 15.8x | 15.6x |
| Forward P/E | 14.3x | 13.5x |
| P/B | 3.3x | 1.7x |
| Dividend yield | 3.1% | 4.3% |