View ValuationTubacex 将来の成長Future 基準チェック /46Tubacex利益と収益がそれぞれ年間68.9%と10.5%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に15.1% 69.3%なると予測されています。主要情報68.9%収益成長率69.30%EPS成長率Metals and Mining 収益成長18.2%収益成長率10.5%将来の株主資本利益率15.07%アナリストカバレッジGood最終更新日08 Jun 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesBuy Or Sell Opportunity • Jun 09Now 22% undervaluedOver the last 90 days, the stock has risen 4.5% to €3.14. The fair value is estimated to be €4.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years. Meanwhile, the company became loss making.Upcoming Dividend • Jun 05Upcoming dividend of €0.041 per shareEligible shareholders must have bought the stock before 12 June 2026. Payment date: 09 July 2026. Payout ratio is a comfortable 75% but the company is not cash flow positive. Trailing yield: 6.4%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.3%).Board Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Xabier Sagredo Ormaza was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 21Tubacex, S.A., Annual General Meeting, May 27, 2026Tubacex, S.A., Annual General Meeting, May 27, 2026. Location: universidad de deusto, avenida de las universidades 24, bilbao.., Spainお知らせ • Jan 24Tubacex, S.A. to Report Fiscal Year 2025 Results on Jan 27, 2026Tubacex, S.A. announced that they will report fiscal year 2025 results on Jan 27, 2026お知らせ • Jan 23Tubacex, S.A. to Report Fiscal Year 2025 Results on Jan 27, 2026Tubacex, S.A. announced that they will report fiscal year 2025 results on Jan 27, 2026お知らせ • Oct 28Tubacex, S.A. to Report Q3, 2025 Results on Oct 31, 2025Tubacex, S.A. announced that they will report Q3, 2025 results on Oct 31, 2025お知らせ • Jul 07Tubacex, S.A. to Report First Half, 2025 Results on Jul 24, 2025Tubacex, S.A. announced that they will report first half, 2025 results on Jul 24, 2025お知らせ • Apr 23Tubacex, S.A. to Report Q1, 2025 Results on Apr 25, 2025Tubacex, S.A. announced that they will report Q1, 2025 results on Apr 25, 2025お知らせ • Apr 17Tubacex, S.A., Annual General Meeting, May 22, 2025Tubacex, S.A., Annual General Meeting, May 22, 2025. Location: palacio euskalduna, abandoibarraetorbidea 4, bilbao Spainお知らせ • Feb 21Tubacex, S.A. to Report Fiscal Year 2024 Results on Feb 28, 2025Tubacex, S.A. announced that they will report fiscal year 2024 results on Feb 28, 2025お知らせ • Oct 31Tubacex, S.A. to Report Q3, 2024 Results on Nov 04, 2024Tubacex, S.A. announced that they will report Q3, 2024 results on Nov 04, 2024Board Change • Oct 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. Independent Director Gracia Granados was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 30Second quarter 2024 earnings released: EPS: €0.014 (vs €0.083 in 2Q 2023)Second quarter 2024 results: EPS: €0.014 (down from €0.083 in 2Q 2023). Revenue: €213.1m (up 4.6% from 2Q 2023). Net income: €1.66m (down 83% from 2Q 2023). Profit margin: 0.8% (down from 4.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 06Tubacex, S.A. to Report First Half, 2024 Results on Jul 24, 2024Tubacex, S.A. announced that they will report first half, 2024 results on Jul 24, 2024お知らせ • Apr 17Tubacex, S.A. to Report Q1, 2024 Results on Apr 25, 2024Tubacex, S.A. announced that they will report Q1, 2024 results on Apr 25, 2024Reported Earnings • Mar 06Full year 2023 earnings released: EPS: €0.30 (vs €0.17 in FY 2022)Full year 2023 results: EPS: €0.30 (up from €0.17 in FY 2022). Revenue: €854.4m (up 19% from FY 2022). Net income: €36.3m (up 80% from FY 2022). Profit margin: 4.3% (up from 2.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 07Tubacex, S.A. to Report Fiscal Year 2023 Results on Feb 29, 2024Tubacex, S.A. announced that they will report fiscal year 2023 results at 9:00 AM, Romance Standard Time on Feb 29, 2024New Risk • Nov 02New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Oct 17Tubacex, S.A. to Report Q3, 2023 Results on Oct 27, 2023Tubacex, S.A. announced that they will report Q3, 2023 results on Oct 27, 2023Reported Earnings • Jul 24Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €203.7m (up 3.6% from 2Q 2022). Net income: €10.0m (up 75% from 2Q 2022). Profit margin: 4.9% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 1.2% decline forecast for the Metals and Mining industry in Europe.New Risk • Jun 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).Reported Earnings • Apr 26First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €236.0m (up 49% from 1Q 2022). Net income: €10.0m (up 194% from 1Q 2022). Profit margin: 4.2% (up from 2.2% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 1.2% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €2.76, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.26 per share.Reported Earnings • Feb 26Full year 2022 earnings released: EPS: €0.17 (vs €0.29 loss in FY 2021)Full year 2022 results: EPS: €0.17 (up from €0.29 loss in FY 2021). Revenue: €717.5m (up 109% from FY 2021). Net income: €20.2m (up €56.2m from FY 2021). Profit margin: 2.8% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.Reported Earnings • Jul 22Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €196.6m (up 163% from 2Q 2021). Net income: €5.72m (up €12.6m from 2Q 2021). Profit margin: 2.9% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 35%, compared to a 28% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Board Change • Jun 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. 2 highly experienced directors. External Independent Director Jose Gonzalez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 26Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: €0.26 loss per share (down from €0.20 loss in FY 2020). Revenue: €343.5m (down 29% from FY 2020). Net loss: €35.9m (loss widened 42% from FY 2020). Revenue missed analyst estimates by 9.3%. Over the next year, revenue is forecast to grow 102%, compared to a 12% growth forecast for the mining industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.お知らせ • Feb 18Tubacex, S.A. to Report Q4, 2021 Results on Feb 24, 2022Tubacex, S.A. announced that they will report Q4, 2021 results on Feb 24, 2022お知らせ • Dec 24Hierros Anon SA acquired Tubos Mecánicos, S.A. from Tubacex, S.A. (BME:TUB) for €25 million.Hierros Anon SA acquired Tubos Mecánicos, S.A. from Tubacex, S.A. (BME:TUB) for €25 million on December 23, 2021. Hierros Anon SA completed the acquisition of Tubos Mecánicos, S.A. from Tubacex, S.A. (BME:TUB) on December 23, 2021.Reported Earnings • Nov 11Third quarter 2021 earnings released: €0.074 loss per shareThe company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: €86.4m (down 20% from 3Q 2020). Net loss: €9.10m (loss widened 94% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 28Second quarter 2021 earnings releasedThe company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: €74.8m (down 43% from 2Q 2020). Net loss: €6.89m (loss widened 2.7% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Mar 11New 90-day high: €1.53The company is up 5.0% from its price of €1.46 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 45% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.64 per share.Analyst Estimate Surprise Post Earnings • Mar 04Revenue beats expectationsRevenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 12%, compared to a 20% growth forecast for the Metals and Mining industry in Germany.Reported Earnings • Mar 04Full year 2020 earnings released: €0.20 loss per share (vs €0.086 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €482.4m (down 22% from FY 2019). Net loss: €25.3m (down 327% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Nov 19New 90-day high: €1.31The company is up 16% from its price of €1.13 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.69 per share.Is New 90 Day High Low • Oct 30New 90-day low: €0.96The company is down 10.0% from its price of €1.07 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.43 per share.Is New 90 Day High Low • Oct 13New 90-day high: €1.28The company is up 1.0% from its price of €1.27 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.42 per share.Is New 90 Day High Low • Sep 25New 90-day low: €1.02The company is down 22% from its price of €1.30 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.25 per share.お知らせ • Jul 26+ 1 more updateTubacex, S.A. to Report Q2, 2020 Results on Jul 28, 2020Tubacex, S.A. announced that they will report Q2, 2020 results on Jul 28, 2020業績と収益の成長予測DB:TCX - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20289685065N/A512/31/20278913328N/A512/31/20267251743N/A63/31/2026695-38N/AN/AN/A12/31/2025723-31-80-14N/A9/30/202572725N/AN/AN/A6/30/202573432-108-26N/A3/31/202576629N/AN/AN/A12/31/202477023-121-34N/A9/30/202478223N/AN/AN/A6/30/202481823-92-14N/A3/31/202480928N/AN/AN/A12/31/2023854362891N/A9/30/202383231N/AN/AN/A6/30/2023799316699N/A3/31/202379227N/AN/AN/A12/31/2022717206188N/A9/30/202262413N/AN/AN/A6/30/2022550-21446N/A3/31/2022415-16N/AN/AN/A12/31/2021344-36-51-24N/A9/30/2021339-45N/AN/AN/A6/30/2021327-43-37-18N/A3/31/2021415-40N/AN/AN/A12/31/2020463-27-33-9N/A9/30/2020532-9N/AN/AN/A6/30/2020577-2-4316N/A3/31/20206298N/AN/AN/A12/31/201961811N/A84N/A9/30/201963712N/AN/AN/A6/30/201959016N/A-6N/A3/31/201965617N/AN/AN/A12/31/201862617N/A-16N/A9/30/2018644-8N/AN/AN/A6/30/2018613-15N/A49N/A3/31/2018532-20N/AN/AN/A12/31/2017495-20N/A2N/A9/30/20174880N/AN/AN/A6/30/20174791N/A-2N/A3/31/20175094N/AN/AN/A12/31/20164991N/A50N/A9/30/2016504-5N/AN/AN/A6/30/2016497-4N/A35N/A3/31/20164991N/AN/AN/A12/31/20155378N/A62N/A9/30/201556419N/AN/AN/A6/30/201557724N/A93N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: TCXは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 1.9% ) よりも高い成長率であると考えられます。収益対市場: TCX今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: TCX今後 3 年以内に収益を上げることが予想されます。収益対市場: TCXの収益 ( 10.5% ) German市場 ( 6.7% ) よりも速いペースで成長すると予測されています。高い収益成長: TCXの収益 ( 10.5% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: TCXの 自己資本利益率 は、3年後には低くなると予測されています ( 15.1 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/10 11:13終値2026/06/10 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Tubacex, S.A. 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。10 アナリスト機関Francisco Rodríguez SánchezBanco de Sabadell. S.A.Robert JacksonBanco SantanderBruno BessaCaixa Banco BPI7 その他のアナリストを表示
Buy Or Sell Opportunity • Jun 09Now 22% undervaluedOver the last 90 days, the stock has risen 4.5% to €3.14. The fair value is estimated to be €4.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years. Meanwhile, the company became loss making.
Upcoming Dividend • Jun 05Upcoming dividend of €0.041 per shareEligible shareholders must have bought the stock before 12 June 2026. Payment date: 09 July 2026. Payout ratio is a comfortable 75% but the company is not cash flow positive. Trailing yield: 6.4%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.3%).
Board Change • May 20High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Xabier Sagredo Ormaza was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 21Tubacex, S.A., Annual General Meeting, May 27, 2026Tubacex, S.A., Annual General Meeting, May 27, 2026. Location: universidad de deusto, avenida de las universidades 24, bilbao.., Spain
お知らせ • Jan 24Tubacex, S.A. to Report Fiscal Year 2025 Results on Jan 27, 2026Tubacex, S.A. announced that they will report fiscal year 2025 results on Jan 27, 2026
お知らせ • Jan 23Tubacex, S.A. to Report Fiscal Year 2025 Results on Jan 27, 2026Tubacex, S.A. announced that they will report fiscal year 2025 results on Jan 27, 2026
お知らせ • Oct 28Tubacex, S.A. to Report Q3, 2025 Results on Oct 31, 2025Tubacex, S.A. announced that they will report Q3, 2025 results on Oct 31, 2025
お知らせ • Jul 07Tubacex, S.A. to Report First Half, 2025 Results on Jul 24, 2025Tubacex, S.A. announced that they will report first half, 2025 results on Jul 24, 2025
お知らせ • Apr 23Tubacex, S.A. to Report Q1, 2025 Results on Apr 25, 2025Tubacex, S.A. announced that they will report Q1, 2025 results on Apr 25, 2025
お知らせ • Apr 17Tubacex, S.A., Annual General Meeting, May 22, 2025Tubacex, S.A., Annual General Meeting, May 22, 2025. Location: palacio euskalduna, abandoibarraetorbidea 4, bilbao Spain
お知らせ • Feb 21Tubacex, S.A. to Report Fiscal Year 2024 Results on Feb 28, 2025Tubacex, S.A. announced that they will report fiscal year 2024 results on Feb 28, 2025
お知らせ • Oct 31Tubacex, S.A. to Report Q3, 2024 Results on Nov 04, 2024Tubacex, S.A. announced that they will report Q3, 2024 results on Nov 04, 2024
Board Change • Oct 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. Independent Director Gracia Granados was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 30Second quarter 2024 earnings released: EPS: €0.014 (vs €0.083 in 2Q 2023)Second quarter 2024 results: EPS: €0.014 (down from €0.083 in 2Q 2023). Revenue: €213.1m (up 4.6% from 2Q 2023). Net income: €1.66m (down 83% from 2Q 2023). Profit margin: 0.8% (down from 4.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 06Tubacex, S.A. to Report First Half, 2024 Results on Jul 24, 2024Tubacex, S.A. announced that they will report first half, 2024 results on Jul 24, 2024
お知らせ • Apr 17Tubacex, S.A. to Report Q1, 2024 Results on Apr 25, 2024Tubacex, S.A. announced that they will report Q1, 2024 results on Apr 25, 2024
Reported Earnings • Mar 06Full year 2023 earnings released: EPS: €0.30 (vs €0.17 in FY 2022)Full year 2023 results: EPS: €0.30 (up from €0.17 in FY 2022). Revenue: €854.4m (up 19% from FY 2022). Net income: €36.3m (up 80% from FY 2022). Profit margin: 4.3% (up from 2.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 07Tubacex, S.A. to Report Fiscal Year 2023 Results on Feb 29, 2024Tubacex, S.A. announced that they will report fiscal year 2023 results at 9:00 AM, Romance Standard Time on Feb 29, 2024
New Risk • Nov 02New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Oct 17Tubacex, S.A. to Report Q3, 2023 Results on Oct 27, 2023Tubacex, S.A. announced that they will report Q3, 2023 results on Oct 27, 2023
Reported Earnings • Jul 24Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €203.7m (up 3.6% from 2Q 2022). Net income: €10.0m (up 75% from 2Q 2022). Profit margin: 4.9% (up from 2.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 1.2% decline forecast for the Metals and Mining industry in Europe.
New Risk • Jun 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change).
Reported Earnings • Apr 26First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €236.0m (up 49% from 1Q 2022). Net income: €10.0m (up 194% from 1Q 2022). Profit margin: 4.2% (up from 2.2% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 1.2% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €2.76, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 97% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.26 per share.
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: €0.17 (vs €0.29 loss in FY 2021)Full year 2022 results: EPS: €0.17 (up from €0.29 loss in FY 2021). Revenue: €717.5m (up 109% from FY 2021). Net income: €20.2m (up €56.2m from FY 2021). Profit margin: 2.8% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.
Reported Earnings • Jul 22Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €196.6m (up 163% from 2Q 2021). Net income: €5.72m (up €12.6m from 2Q 2021). Profit margin: 2.9% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 35%, compared to a 28% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Board Change • Jun 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. 2 highly experienced directors. External Independent Director Jose Gonzalez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 26Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: €0.26 loss per share (down from €0.20 loss in FY 2020). Revenue: €343.5m (down 29% from FY 2020). Net loss: €35.9m (loss widened 42% from FY 2020). Revenue missed analyst estimates by 9.3%. Over the next year, revenue is forecast to grow 102%, compared to a 12% growth forecast for the mining industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 18Tubacex, S.A. to Report Q4, 2021 Results on Feb 24, 2022Tubacex, S.A. announced that they will report Q4, 2021 results on Feb 24, 2022
お知らせ • Dec 24Hierros Anon SA acquired Tubos Mecánicos, S.A. from Tubacex, S.A. (BME:TUB) for €25 million.Hierros Anon SA acquired Tubos Mecánicos, S.A. from Tubacex, S.A. (BME:TUB) for €25 million on December 23, 2021. Hierros Anon SA completed the acquisition of Tubos Mecánicos, S.A. from Tubacex, S.A. (BME:TUB) on December 23, 2021.
Reported Earnings • Nov 11Third quarter 2021 earnings released: €0.074 loss per shareThe company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: €86.4m (down 20% from 3Q 2020). Net loss: €9.10m (loss widened 94% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 28Second quarter 2021 earnings releasedThe company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: €74.8m (down 43% from 2Q 2020). Net loss: €6.89m (loss widened 2.7% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Mar 11New 90-day high: €1.53The company is up 5.0% from its price of €1.46 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 45% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.64 per share.
Analyst Estimate Surprise Post Earnings • Mar 04Revenue beats expectationsRevenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 12%, compared to a 20% growth forecast for the Metals and Mining industry in Germany.
Reported Earnings • Mar 04Full year 2020 earnings released: €0.20 loss per share (vs €0.086 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €482.4m (down 22% from FY 2019). Net loss: €25.3m (down 327% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Nov 19New 90-day high: €1.31The company is up 16% from its price of €1.13 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.69 per share.
Is New 90 Day High Low • Oct 30New 90-day low: €0.96The company is down 10.0% from its price of €1.07 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.43 per share.
Is New 90 Day High Low • Oct 13New 90-day high: €1.28The company is up 1.0% from its price of €1.27 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.42 per share.
Is New 90 Day High Low • Sep 25New 90-day low: €1.02The company is down 22% from its price of €1.30 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.25 per share.
お知らせ • Jul 26+ 1 more updateTubacex, S.A. to Report Q2, 2020 Results on Jul 28, 2020Tubacex, S.A. announced that they will report Q2, 2020 results on Jul 28, 2020