View Future GrowthTubos Reunidos 過去の業績過去 基準チェック /06Tubos Reunidosの収益は年間平均-19.6%の割合で減少していますが、 Metals and Mining業界の収益は年間 減少しています。収益は年間3.2% 0.2%割合で 減少しています。主要情報-19.64%収益成長率-19.64%EPS成長率Metals and Mining 業界の成長24.25%収益成長率-0.21%株主資本利益率n/aネット・マージン-68.51%前回の決算情報30 Jun 2026最近の業績更新Reported Earnings • Aug 03First half 2025 earnings released: €0.16 loss per share (vs €0.23 profit in 1H 2024)First half 2025 results: €0.16 loss per share (down from €0.23 profit in 1H 2024). Revenue: €210.2m (up 19% from 1H 2024). Net loss: €28.5m (down 170% from profit in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Reported Earnings • Mar 04Full year 2024 earnings releasedFull year 2024 results: Revenue: €24.9m (down 95% from FY 2023). Net income: €43.9m (down 22% from FY 2023).分析記事 • Oct 04There May Be Some Bright Spots In Tubos Reunidos' (BME:TRG) EarningsThe most recent earnings report from Tubos Reunidos, S.A. ( BME:TRG ) was disappointing for shareholders. While the...Reported Earnings • Oct 02First half 2024 earnings released: EPS: €0.23 (vs €0.31 in 1H 2023)First half 2024 results: EPS: €0.23 (down from €0.31 in 1H 2023). Revenue: €172.7m (down 48% from 1H 2023). Net income: €40.6m (down 25% from 1H 2023). Profit margin: 24% (up from 16% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 05Full year 2023 earnings released: EPS: €0.32 (vs €0.25 in FY 2022)Full year 2023 results: EPS: €0.32 (up from €0.25 in FY 2022). Revenue: €541.9m (up 5.1% from FY 2022). Net income: €56.3m (up 30% from FY 2022). Profit margin: 10% (up from 8.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 02First half 2023 earnings released: EPS: €0.31 (vs €0.011 in 1H 2022)First half 2023 results: EPS: €0.31 (up from €0.011 in 1H 2022). Revenue: €332.6m (up 36% from 1H 2022). Net income: €54.1m (up €52.2m from 1H 2022). Profit margin: 16% (up from 0.8% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 77% per year, which means it is significantly lagging earnings growth.すべての更新を表示Recent updatesNew Risk • Aug 02New major risk - Revenue and earnings growthEarnings have declined by 20% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€33m free cash flow). Negative equity (-€175m). Earnings have declined by 20% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€21.7m market cap, or US$25.1m).Board Change • Jul 07Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Chairman Joaquín Fernández de Marín was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 30Tubos Reunidos, S.A., Annual General Meeting, Jun 29, 2026Tubos Reunidos, S.A., Annual General Meeting, Jun 29, 2026.New Risk • Apr 04New major risk - Negative shareholders equityThe company has negative equity. Total equity: -€86m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). Negative equity (-€86m). Minor Risk Market cap is less than US$100m (€39.0m market cap, or US$44.9m).New Risk • Feb 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (€42.6m market cap, or US$50.5m).New Risk • Feb 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Spanish stocks, typically moving 6.3% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.3% average weekly change). Minor Risk Market cap is less than US$100m (€45.6m market cap, or US$53.7m).分析記事 • Jan 03Lacklustre Performance Is Driving Tubos Reunidos, S.A.'s (BME:TRG) Low P/SYou may think that with a price-to-sales (or "P/S") ratio of 0.2x Tubos Reunidos, S.A. ( BME:TRG ) is a stock worth...分析記事 • Nov 08Tubos Reunidos (BME:TRG) Shareholders Will Want The ROCE Trajectory To ContinueTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...New Risk • Aug 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Spanish stocks, typically moving 4.2% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 03First half 2025 earnings released: €0.16 loss per share (vs €0.23 profit in 1H 2024)First half 2025 results: €0.16 loss per share (down from €0.23 profit in 1H 2024). Revenue: €210.2m (up 19% from 1H 2024). Net loss: €28.5m (down 170% from profit in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • May 19Tubos Reunidos, S.A., Annual General Meeting, Jun 19, 2025Tubos Reunidos, S.A., Annual General Meeting, Jun 19, 2025. Location: museo guggenheim, avenida abandoibarra 2, bilbao., SpainNew Risk • Apr 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €91.2m (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risk Market cap is less than US$100m (€91.2m market cap, or US$99.8m).Reported Earnings • Mar 04Full year 2024 earnings releasedFull year 2024 results: Revenue: €24.9m (down 95% from FY 2023). Net income: €43.9m (down 22% from FY 2023).分析記事 • Feb 25Tubos Reunidos, S.A.'s (BME:TRG) Shares Bounce 29% But Its Business Still Trails The MarketTubos Reunidos, S.A. ( BME:TRG ) shares have continued their recent momentum with a 29% gain in the last month alone...New Risk • Jan 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Spanish stocks, typically moving 6.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (6.4% average weekly change).分析記事 • Jan 08Tubos Reunidos, S.A.'s (BME:TRG) Earnings Are Not Doing Enough For Some InvestorsTubos Reunidos, S.A.'s ( BME:TRG ) price-to-earnings (or "P/E") ratio of 2.1x might make it look like a strong buy...Board Change • Jan 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. 5 experienced directors. 5 highly experienced directors. Independent Non-Executive Chairman Josu Moreira was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Nov 15Tubos Reunidos' (BME:TRG) Returns On Capital Are Heading HigherDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...New Risk • Oct 30New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.3m (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (4.5% average weekly change). Market cap is less than US$100m (€92.3m market cap, or US$99.8m).分析記事 • Oct 04There May Be Some Bright Spots In Tubos Reunidos' (BME:TRG) EarningsThe most recent earnings report from Tubos Reunidos, S.A. ( BME:TRG ) was disappointing for shareholders. While the...Reported Earnings • Oct 02First half 2024 earnings released: EPS: €0.23 (vs €0.31 in 1H 2023)First half 2024 results: EPS: €0.23 (down from €0.31 in 1H 2023). Revenue: €172.7m (down 48% from 1H 2023). Net income: €40.6m (down 25% from 1H 2023). Profit margin: 24% (up from 16% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.New Risk • Sep 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Spanish stocks, typically moving 4.0% 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 Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (4.0% average weekly change).New Risk • Sep 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end).分析記事 • May 09Is Tubos Reunidos (BME:TRG) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Apr 28Tubos Reunidos, S.A., Annual General Meeting, May 30, 2024Tubos Reunidos, S.A., Annual General Meeting, May 30, 2024, at 12:00 Central European Standard Time. Location: Bilbao, at the Auditorium of the Guggenheim Museum Avenida Abandoibarra 2 Bilbao Spain Agenda: To Review and approval, where appropriate, of the individual Annual Accounts and Management Report of Tubos Reunidos S.A., as well as the consolidated Annual Accounts and Management Report pertaining to the financial period ended on 31\ December 2023; to Review and approval, where appropriate, of the Report on Non-Financial Information of the Company and its consolidated Group pertaining to the financial period ended on 31 December 2023; to Review and approval, where appropriate, of the corporate management and activities carried out by the Board of Directors during financial year 2023; to Review and approval, where appropriate, of the proposal for allocation of profits for financial year 2023; and to consider other business matters.Reported Earnings • Mar 05Full year 2023 earnings released: EPS: €0.32 (vs €0.25 in FY 2022)Full year 2023 results: EPS: €0.32 (up from €0.25 in FY 2022). Revenue: €541.9m (up 5.1% from FY 2022). Net income: €56.3m (up 30% from FY 2022). Profit margin: 10% (up from 8.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.New Risk • Feb 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.0% average weekly change). Minor Risks High level of debt (14,703% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).分析記事 • Jan 17Returns on Capital Paint A Bright Future For Tubos Reunidos (BME:TRG)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...分析記事 • Dec 22Tubos Reunidos, S.A.'s (BME:TRG) Shares Not Telling The Full StoryThere wouldn't be many who think Tubos Reunidos, S.A.'s ( BME:TRG ) price-to-sales (or "P/S") ratio of 0.2x is worth a...New Risk • Oct 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Spanish stocks, typically moving 5.6% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (5.6% average weekly change). Minor Risk High level of debt (14,703% net debt to equity).分析記事 • Aug 08Tubos Reunidos, S.A. (BME:TRG) Could Be Riskier Than It LooksThere wouldn't be many who think Tubos Reunidos, S.A.'s ( BME:TRG ) price-to-sales (or "P/S") ratio of 0.2x is worth a...Reported Earnings • Aug 02First half 2023 earnings released: EPS: €0.31 (vs €0.011 in 1H 2022)First half 2023 results: EPS: €0.31 (up from €0.011 in 1H 2022). Revenue: €332.6m (up 36% from 1H 2022). Net income: €54.1m (up €52.2m from 1H 2022). Profit margin: 16% (up from 0.8% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 77% per year, which means it is significantly lagging earnings growth.お知らせ • May 27Tubos Reunidos, S.A., Annual General Meeting, Jun 29, 2023Tubos Reunidos, S.A., Annual General Meeting, Jun 29, 2023, at 12:00 Central European Standard Time. Location: the Palacio Euskalduna (Abandoibarra Etorbidea 4) room 0D Bilbao Spain Agenda: To Review and approval, where appropriate, of the individual Annual Accounts and Management Report of Tubos Reunidos S.A., as well as the consolidated Annual Accounts and Management Report pertaining to the financial period ended on 31 December 2022; to Review and approval, where appropriate, of the Report on non-financial information of the Company and its consolidated Group pertaining to the financial period ended on 31 December 2022; to Review and approval, where appropriate, of the corporate management and activities carried out by the Board of Directors during financial year 2022; to Review and approval, where appropriate, of the proposal for allocation of profits/losses for financial year 2022; to consider the Appointment and re-election of Directors; and to consider other matters if any.分析記事 • May 19Tubos Reunidos' (BME:TRG) Returns On Capital Are Heading HigherIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...分析記事 • Mar 08Tubos Reunidos' (BME:TRG) Earnings Are Of Questionable QualityTubos Reunidos, S.A. ( BME:TRG ) just reported some strong earnings, and the market reacted accordingly with a healthy...Reported Earnings • Mar 02Full year 2022 earnings released: EPS: €0.25 (vs €0.37 loss in FY 2021)Full year 2022 results: EPS: €0.25 (up from €0.37 loss in FY 2021). Revenue: €513.7m (up 110% from FY 2021). Net income: €43.5m (up €108.2m from FY 2021). Profit margin: 8.5% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Teresa Alvarez was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 26First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up €45.3m from 1H 2021). Profit margin: (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Teresa Alvarez was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 27Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: €0.37 loss per share (up from €0.56 loss in FY 2020). Revenue: €243.0m (flat on FY 2020). Net loss: €64.7m (loss narrowed 34% from FY 2020). Revenue missed analyst estimates by 17%. Earnings per share (EPS) exceeded analyst estimates by 33%. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Mar 08New 90-day high: €0.26The company is up 11% from its price of €0.23 on 08 December 2020. The Spanish market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period.Reported Earnings • Mar 01Full year 2020 earnings released: €0.58 loss per share (vs €0.24 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €208.6m (down 27% from FY 2019). Net loss: €101.3m (loss widened 144% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.分析記事 • Jan 15Is Tubos Reunidos (BME:TRG) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is New 90 Day High Low • Nov 11New 90-day high: €0.27The company is up 118% from its price of €0.12 on 13 August 2020. The Spanish market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period.Is New 90 Day High Low • Oct 12New 90-day high: €0.25The company is up 93% from its price of €0.13 on 14 July 2020. The Spanish market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period.収支内訳Tubos Reunidos の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史BME:TRG 収益、費用、利益 ( )EUR Millions日付収益収益G+A経費研究開発費30 Jun 26260-17896031 Mar 26313-148102031 Dec 25366-118109030 Sep 25362-79106030 Jun 25357-40104031 Mar 25341-6101031 Dec 243242999030 Sep 243523698030 Jun 243794398031 Mar 2445750105031 Dec 2353556111030 Sep 2357076113030 Jun 2360496115031 Mar 2356070108031 Dec 2251643102030 Sep 2244413107030 Jun 22373-17113031 Mar 22309-41108031 Dec 21245-65103030 Sep 21233-9495030 Jun 21224-9881031 Mar 21223-110102031 Dec 20242-9880030 Sep 20264-7482030 Jun 20278-6584031 Mar 20293-3990031 Dec 19286-4190030 Sep 19300-4590030 Jun 19313-4491031 Mar 19332-3990031 Dec 18343-3490030 Sep 18338-2894030 Jun 18322-3492031 Mar 18318-3993031 Dec 17316-2994030 Sep 17285-3486030 Jun 17260-3694031 Mar 17229-3686031 Dec 16200-4886030 Sep 16273-3690030 Jun 16214-3175031 Mar 16327-2995031 Dec 15284-1684030 Sep 15391-61010質の高い収益: TRGは現在利益が出ていません。利益率の向上: TRGは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: TRGは利益が出ておらず、過去 5 年間で損失は年間19.6%の割合で増加しています。成長の加速: TRGの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: TRGは利益が出ていないため、過去 1 年間の収益成長をMetals and Mining業界 ( 25.7% ) と比較することは困難です。株主資本利益率高いROE: TRGの負債は資産を上回っているため、自己資本利益率を計算することは困難です。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health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2026/08/04 17:38終値2026/07/27 00:00収益2026/06/30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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Tubos Reunidos, S.A. 0 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。3 アナリスト機関Francisco Rodríguez SánchezBanco de Sabadell. S.A.Bruno SilvaCaixa Banco BPIIgnacio Ortiz de MendivilJB Capital Markets
Reported Earnings • Aug 03First half 2025 earnings released: €0.16 loss per share (vs €0.23 profit in 1H 2024)First half 2025 results: €0.16 loss per share (down from €0.23 profit in 1H 2024). Revenue: €210.2m (up 19% from 1H 2024). Net loss: €28.5m (down 170% from profit in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 04Full year 2024 earnings releasedFull year 2024 results: Revenue: €24.9m (down 95% from FY 2023). Net income: €43.9m (down 22% from FY 2023).
分析記事 • Oct 04There May Be Some Bright Spots In Tubos Reunidos' (BME:TRG) EarningsThe most recent earnings report from Tubos Reunidos, S.A. ( BME:TRG ) was disappointing for shareholders. While the...
Reported Earnings • Oct 02First half 2024 earnings released: EPS: €0.23 (vs €0.31 in 1H 2023)First half 2024 results: EPS: €0.23 (down from €0.31 in 1H 2023). Revenue: €172.7m (down 48% from 1H 2023). Net income: €40.6m (down 25% from 1H 2023). Profit margin: 24% (up from 16% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 05Full year 2023 earnings released: EPS: €0.32 (vs €0.25 in FY 2022)Full year 2023 results: EPS: €0.32 (up from €0.25 in FY 2022). Revenue: €541.9m (up 5.1% from FY 2022). Net income: €56.3m (up 30% from FY 2022). Profit margin: 10% (up from 8.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 02First half 2023 earnings released: EPS: €0.31 (vs €0.011 in 1H 2022)First half 2023 results: EPS: €0.31 (up from €0.011 in 1H 2022). Revenue: €332.6m (up 36% from 1H 2022). Net income: €54.1m (up €52.2m from 1H 2022). Profit margin: 16% (up from 0.8% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 77% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 02New major risk - Revenue and earnings growthEarnings have declined by 20% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€33m free cash flow). Negative equity (-€175m). Earnings have declined by 20% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€21.7m market cap, or US$25.1m).
Board Change • Jul 07Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Chairman Joaquín Fernández de Marín was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 30Tubos Reunidos, S.A., Annual General Meeting, Jun 29, 2026Tubos Reunidos, S.A., Annual General Meeting, Jun 29, 2026.
New Risk • Apr 04New major risk - Negative shareholders equityThe company has negative equity. Total equity: -€86m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). Negative equity (-€86m). Minor Risk Market cap is less than US$100m (€39.0m market cap, or US$44.9m).
New Risk • Feb 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (€42.6m market cap, or US$50.5m).
New Risk • Feb 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Spanish stocks, typically moving 6.3% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.3% average weekly change). Minor Risk Market cap is less than US$100m (€45.6m market cap, or US$53.7m).
分析記事 • Jan 03Lacklustre Performance Is Driving Tubos Reunidos, S.A.'s (BME:TRG) Low P/SYou may think that with a price-to-sales (or "P/S") ratio of 0.2x Tubos Reunidos, S.A. ( BME:TRG ) is a stock worth...
分析記事 • Nov 08Tubos Reunidos (BME:TRG) Shareholders Will Want The ROCE Trajectory To ContinueTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
New Risk • Aug 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Spanish stocks, typically moving 4.2% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 03First half 2025 earnings released: €0.16 loss per share (vs €0.23 profit in 1H 2024)First half 2025 results: €0.16 loss per share (down from €0.23 profit in 1H 2024). Revenue: €210.2m (up 19% from 1H 2024). Net loss: €28.5m (down 170% from profit in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • May 19Tubos Reunidos, S.A., Annual General Meeting, Jun 19, 2025Tubos Reunidos, S.A., Annual General Meeting, Jun 19, 2025. Location: museo guggenheim, avenida abandoibarra 2, bilbao., Spain
New Risk • Apr 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €91.2m (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risk Market cap is less than US$100m (€91.2m market cap, or US$99.8m).
Reported Earnings • Mar 04Full year 2024 earnings releasedFull year 2024 results: Revenue: €24.9m (down 95% from FY 2023). Net income: €43.9m (down 22% from FY 2023).
分析記事 • Feb 25Tubos Reunidos, S.A.'s (BME:TRG) Shares Bounce 29% But Its Business Still Trails The MarketTubos Reunidos, S.A. ( BME:TRG ) shares have continued their recent momentum with a 29% gain in the last month alone...
New Risk • Jan 17New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Spanish stocks, typically moving 6.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (6.4% average weekly change).
分析記事 • Jan 08Tubos Reunidos, S.A.'s (BME:TRG) Earnings Are Not Doing Enough For Some InvestorsTubos Reunidos, S.A.'s ( BME:TRG ) price-to-earnings (or "P/E") ratio of 2.1x might make it look like a strong buy...
Board Change • Jan 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. 5 experienced directors. 5 highly experienced directors. Independent Non-Executive Chairman Josu Moreira was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Nov 15Tubos Reunidos' (BME:TRG) Returns On Capital Are Heading HigherDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
New Risk • Oct 30New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.3m (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (4.5% average weekly change). Market cap is less than US$100m (€92.3m market cap, or US$99.8m).
分析記事 • Oct 04There May Be Some Bright Spots In Tubos Reunidos' (BME:TRG) EarningsThe most recent earnings report from Tubos Reunidos, S.A. ( BME:TRG ) was disappointing for shareholders. While the...
Reported Earnings • Oct 02First half 2024 earnings released: EPS: €0.23 (vs €0.31 in 1H 2023)First half 2024 results: EPS: €0.23 (down from €0.31 in 1H 2023). Revenue: €172.7m (down 48% from 1H 2023). Net income: €40.6m (down 25% from 1H 2023). Profit margin: 24% (up from 16% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
New Risk • Sep 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Spanish stocks, typically moving 4.0% 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 Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (4.0% average weekly change).
New Risk • Sep 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end).
分析記事 • May 09Is Tubos Reunidos (BME:TRG) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Apr 28Tubos Reunidos, S.A., Annual General Meeting, May 30, 2024Tubos Reunidos, S.A., Annual General Meeting, May 30, 2024, at 12:00 Central European Standard Time. Location: Bilbao, at the Auditorium of the Guggenheim Museum Avenida Abandoibarra 2 Bilbao Spain Agenda: To Review and approval, where appropriate, of the individual Annual Accounts and Management Report of Tubos Reunidos S.A., as well as the consolidated Annual Accounts and Management Report pertaining to the financial period ended on 31\ December 2023; to Review and approval, where appropriate, of the Report on Non-Financial Information of the Company and its consolidated Group pertaining to the financial period ended on 31 December 2023; to Review and approval, where appropriate, of the corporate management and activities carried out by the Board of Directors during financial year 2023; to Review and approval, where appropriate, of the proposal for allocation of profits for financial year 2023; and to consider other business matters.
Reported Earnings • Mar 05Full year 2023 earnings released: EPS: €0.32 (vs €0.25 in FY 2022)Full year 2023 results: EPS: €0.32 (up from €0.25 in FY 2022). Revenue: €541.9m (up 5.1% from FY 2022). Net income: €56.3m (up 30% from FY 2022). Profit margin: 10% (up from 8.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
New Risk • Feb 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.0% average weekly change). Minor Risks High level of debt (14,703% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).
分析記事 • Jan 17Returns on Capital Paint A Bright Future For Tubos Reunidos (BME:TRG)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
分析記事 • Dec 22Tubos Reunidos, S.A.'s (BME:TRG) Shares Not Telling The Full StoryThere wouldn't be many who think Tubos Reunidos, S.A.'s ( BME:TRG ) price-to-sales (or "P/S") ratio of 0.2x is worth a...
New Risk • Oct 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Spanish stocks, typically moving 5.6% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (5.6% average weekly change). Minor Risk High level of debt (14,703% net debt to equity).
分析記事 • Aug 08Tubos Reunidos, S.A. (BME:TRG) Could Be Riskier Than It LooksThere wouldn't be many who think Tubos Reunidos, S.A.'s ( BME:TRG ) price-to-sales (or "P/S") ratio of 0.2x is worth a...
Reported Earnings • Aug 02First half 2023 earnings released: EPS: €0.31 (vs €0.011 in 1H 2022)First half 2023 results: EPS: €0.31 (up from €0.011 in 1H 2022). Revenue: €332.6m (up 36% from 1H 2022). Net income: €54.1m (up €52.2m from 1H 2022). Profit margin: 16% (up from 0.8% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 77% per year, which means it is significantly lagging earnings growth.
お知らせ • May 27Tubos Reunidos, S.A., Annual General Meeting, Jun 29, 2023Tubos Reunidos, S.A., Annual General Meeting, Jun 29, 2023, at 12:00 Central European Standard Time. Location: the Palacio Euskalduna (Abandoibarra Etorbidea 4) room 0D Bilbao Spain Agenda: To Review and approval, where appropriate, of the individual Annual Accounts and Management Report of Tubos Reunidos S.A., as well as the consolidated Annual Accounts and Management Report pertaining to the financial period ended on 31 December 2022; to Review and approval, where appropriate, of the Report on non-financial information of the Company and its consolidated Group pertaining to the financial period ended on 31 December 2022; to Review and approval, where appropriate, of the corporate management and activities carried out by the Board of Directors during financial year 2022; to Review and approval, where appropriate, of the proposal for allocation of profits/losses for financial year 2022; to consider the Appointment and re-election of Directors; and to consider other matters if any.
分析記事 • May 19Tubos Reunidos' (BME:TRG) Returns On Capital Are Heading HigherIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
分析記事 • Mar 08Tubos Reunidos' (BME:TRG) Earnings Are Of Questionable QualityTubos Reunidos, S.A. ( BME:TRG ) just reported some strong earnings, and the market reacted accordingly with a healthy...
Reported Earnings • Mar 02Full year 2022 earnings released: EPS: €0.25 (vs €0.37 loss in FY 2021)Full year 2022 results: EPS: €0.25 (up from €0.37 loss in FY 2021). Revenue: €513.7m (up 110% from FY 2021). Net income: €43.5m (up €108.2m from FY 2021). Profit margin: 8.5% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Teresa Alvarez was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 26First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up €45.3m from 1H 2021). Profit margin: (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Teresa Alvarez was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 27Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: €0.37 loss per share (up from €0.56 loss in FY 2020). Revenue: €243.0m (flat on FY 2020). Net loss: €64.7m (loss narrowed 34% from FY 2020). Revenue missed analyst estimates by 17%. Earnings per share (EPS) exceeded analyst estimates by 33%. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Mar 08New 90-day high: €0.26The company is up 11% from its price of €0.23 on 08 December 2020. The Spanish market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period.
Reported Earnings • Mar 01Full year 2020 earnings released: €0.58 loss per share (vs €0.24 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €208.6m (down 27% from FY 2019). Net loss: €101.3m (loss widened 144% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.
分析記事 • Jan 15Is Tubos Reunidos (BME:TRG) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is New 90 Day High Low • Nov 11New 90-day high: €0.27The company is up 118% from its price of €0.12 on 13 August 2020. The Spanish market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Oct 12New 90-day high: €0.25The company is up 93% from its price of €0.13 on 14 July 2020. The Spanish market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period.