Home Compare EXO.AS vs TEN.MI
Stock Comparison · Single-driver result

Exor N.V. vs Tenaris: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Exor carrying a narrow edge on growth. Tenaris still has the edge on valuation, which keeps the comparison from looking entirely one-sided. In the market, Tenaris carries the stronger setup — intact trend against Exor's broken trend. That leaves a split case: the structural lead stays with Exor, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-08-16

Growth still does most of the heavy lifting in this comparison.

Trajectory Similarity
0.53
Loose match
Peer-set rank: #10
within Exor N.V.'s functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

The pair still fits the compare framework, though the long-term structural overlap is relatively light.

Most of the shared profile comes through revenue growth trajectory and capital structure.

Similarity drivers
revenue growth trajectorycapital structure
What reduces the match
recent revenue growth
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
EXO.AS
Exor N.V.
63
Peer-Score
Signal qualityHigh
Peer basis: STOXX 600
vs
TEN.MI
Tenaris S.A.
58
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The clearest separation appears in growth.

Dimension spread: EXO.AS vs TEN.MI Profitability 100 73 Stability 62 56 Valuation 26 76 Growth 100 11 EXO.AS TEN.MI
Gap Ranking
#1 Growth +89
#2 Valuation +50
#3 Profitability +27
#4 Stability +6
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for EXO.AS and TEN.MI Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer EXO.ASTEN.MI Relative valuation Structural strength

Exor N.V. looks stronger, but the price setup still looks more supportive for Tenaris S.A..

Valuation position uses Forward P/E and peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where EXO.AS and TEN.MI each sit in their own 4-year price and valuation history.

BASED ON 4-YEAR HISTORY EXO.AS Lower · below norm 0th 50th 100th 71 pct gap TEN.MI Elevated · above norm 0th 50th 100th 21st 92nd
Today EXO.AS sits in the lower portion of its own 5-year history (21st percentile), while TEN.MI sits higher in its own history (92nd). Within each stock's own 5-year context, EXO.AS is at a historically more favourable entry position than TEN.MI. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Growth
On growth, Exor N.V. ranks near the top of the group; Tenaris S.A. sits in the weaker half.
Valuation
The same broad pattern appears on valuation: Tenaris S.A. ranks near the top of the group, while Exor N.V. stays in the weaker half.
Growth — Dominant Gap
EXO.AS
100
TEN.MI
11
Gap+89in favour of EXO.AS

The clearest distance comes from a stronger growth profile.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for Tenaris, with a forward P/E that is 43 turns lower there.

What this means for the comparison

Growth gives Exor N.V. the clearer edge, even though valuation and the price setup keep the overall picture from looking clean.

Explore full peer positioning in AssetNext

Break down the EXO.AS vs TEN.MI comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how EXO.AS and TEN.MI each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.