View Future GrowthTubacex 과거 순이익 실적과거 기준 점검 0/6Tubacex은 연평균 29.6%의 비율로 수입이 증가해 온 반면, Metals and Mining 산업은 연평균 1.6%의 비율로 감소했습니다. 매출은 연평균 13%의 비율로 증가했습니다.핵심 정보29.63%순이익 성장률10.52%주당순이익(EPS) 성장률Metals and Mining 산업 성장률29.18%매출 성장률12.95%자기자본이익률-8.12%순이익률-5.45%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트공시 • 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, 2026공시 • 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, 2026공시 • 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, 2025공시 • 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, 2025공시 • 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, 2025공시 • 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, 2025모든 업데이트 보기Recent 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.공시 • 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.., Spain공시 • 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, 2026공시 • 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, 2026공시 • 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, 2025공시 • 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, 2025공시 • 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, 2025공시 • Apr 17Tubacex, S.A., Annual General Meeting, May 22, 2025Tubacex, S.A., Annual General Meeting, May 22, 2025. Location: palacio euskalduna, abandoibarraetorbidea 4, bilbao Spain공시 • 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, 2025공시 • 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.공시 • 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, 2024공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2022공시 • 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.공시 • 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, 2020매출 및 비용 세부 내역Tubacex가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:TCX 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Mar 26695-38178031 Dec 25723-31182030 Sep 2572725179030 Jun 2573432177031 Mar 2576629170031 Dec 2477023165030 Sep 2478223160030 Jun 2481823158031 Mar 2480928160031 Dec 2385436159030 Sep 2383231162030 Jun 2379931155031 Mar 2379227154031 Dec 2271720146030 Sep 2262413134030 Jun 22550-2128031 Mar 22415-16114031 Dec 21344-36104030 Sep 21339-45113030 Jun 21327-43112031 Mar 21415-40124031 Dec 20463-27132030 Sep 20532-9139030 Jun 20577-2146031 Mar 206298151031 Dec 1961811151030 Sep 1963712145030 Jun 1959016141031 Mar 1965617139031 Dec 1862617136030 Sep 18644-8132030 Jun 18613-15129031 Mar 18532-20125031 Dec 17495-20124030 Sep 174880119030 Jun 174791124031 Mar 175094126031 Dec 164991123030 Sep 16504-5220030 Jun 16497-4123031 Mar 164991123031 Dec 155378127030 Sep 1556419120030 Jun 15577241260양질의 수익: TCX 은(는) 현재 수익성이 없습니다.이익 마진 증가: TCX는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: TCX는 수익성이 없지만 지난 5년 동안 연평균 29.6%의 속도로 손실을 줄였습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 TCX의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: TCX은 수익성이 없어 지난 해 수익 성장률을 Metals and Mining 업계(22.8%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: TCX는 현재 수익성이 없으므로 자본 수익률이 음수(-8.12%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/14 19:31종가2026/06/12 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Tubacex, S.A.는 10명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Francisco Rodríguez SánchezBanco de Sabadell. S.A.Robert JacksonBanco SantanderBruno BessaCaixa Banco BPI7명의 분석가 더 보기
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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
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.
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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