Tubacex, S.A.

BME:TUB Stock Report

Market Cap: €350.3m

Tubacex Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Josu Murguiondo

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure1.3yrs
CEO ownershipn/a
Management average tenureno data
Board average tenure3.9yrs

Recent management updates

Recent updates

Narrative Update Feb 13

TUB: Lower Discount Rate And Stronger Margins Will Support Attractive P/E Potential

Analysts have nudged their Tubacex price target to €4.44, reflecting updated assumptions on discount rate, revenue growth and profit margins while keeping their overall fair value view steady. Valuation Changes Fair Value: The €4.44 fair value estimate is unchanged, indicating the updated inputs leave the central valuation view intact.
Narrative Update Jan 30

TUB: Higher Discount Rate Will Still Support Attractive Forward P/E Potential

Analysts have lowered their price target for Tubacex to €4.44 from €4.61, reflecting slightly more conservative assumptions for revenue growth and profit margins, as well as a modestly higher discount rate, partly offset by a marginally higher future P/E multiple. Valuation Changes Fair Value: reduced from €4.61 to €4.44, indicating a small downward adjustment to the intrinsic value estimate.
Narrative Update Jan 16

TUB: Higher Discount Rate Will Still Support Attractive Forward P/E Potential

Analysts have trimmed their price target for Tubacex from €5.40 to about €4.61, as they now factor in a higher discount rate, more moderate revenue growth of around 11.74% and a slightly lower profit margin near 5.88%, partly offset by a marginally higher future P/E assumption of roughly 14.18x. Valuation Changes Fair Value Estimate: Adjusted from €5.40 to about €4.61 per share, reflecting a lower implied valuation.
New Narrative Sep 10

Abu Dhabi Plant And Next-Generation Sectors Will Define Future Markets

Key Takeaways Diversification into high-value sectors and expansion into new geographies are strengthening margins and reducing reliance on traditional markets. New long-term contracts and completed investments are enhancing recurring revenues, profitability, and financial stability.
Analysis Article Apr 08

Tubacex, S.A. (BME:TUB) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely

Tubacex, S.A. ( BME:TUB ) shareholders won't be pleased to see that the share price has had a very rough month...
Analysis Article Oct 09

Tubacex, S.A.'s (BME:TUB) Shares Leap 25% Yet They're Still Not Telling The Full Story

Tubacex, S.A. ( BME:TUB ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Sep 18

Investors Will Want Tubacex's (BME:TUB) Growth In ROCE To Persist

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Jul 24

These 4 Measures Indicate That Tubacex (BME:TUB) Is Using Debt Extensively

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 05

Is Tubacex (BME:TUB) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Aug 13

Is Tubacex (BME:TUB) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jul 06

Is There An Opportunity With Tubacex, S.A.'s (BME:TUB) 43% Undervaluation?

In this article we are going to estimate the intrinsic value of Tubacex, S.A. ( BME:TUB ) by estimating the company's...
Analysis Article Sep 30

Is Tubacex (BME:TUB) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 31

Tubacex, S.A. (BME:TUB) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Tubacex, S.A. ( BME:TUB ) last week reported its latest second-quarter results, which makes it a good time for...
Analysis Article Jul 29

Time To Worry? Analysts Are Downgrading Their Tubacex, S.A. (BME:TUB) Outlook

The analysts covering Tubacex, S.A. ( BME:TUB ) delivered a dose of negativity to shareholders today, by making a...
Analysis Article May 14

Does Tubacex (BME:TUB) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Mar 15

What Is The Ownership Structure Like For Tubacex, S.A. (BME:TUB)?

A look at the shareholders of Tubacex, S.A. ( BME:TUB ) can tell us which group is most powerful. Large companies...
Analysis Article Feb 07

Reflecting on Tubacex's (BME:TUB) Share Price Returns Over The Last Three Years

Tubacex, S.A. ( BME:TUB ) shareholders should be happy to see the share price up 19% in the last quarter. But that is...
Analysis Article Dec 14

Is Tubacex (BME:TUB) Using Debt In A Risky Way?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 21

A Rising Share Price Has Us Looking Closely At Tubacex, S.A.'s (BME:TUB) P/E Ratio

Tubacex (BME:TUB) shares have had a really impressive month, gaining 31%, after some slippage. But shareholders may...

CEO

Josu Murguiondo

1.3yrs
Tenure

Mr. Josu Imaz Murguiondo is CEO & Executive Director of Tubacex, S.A. from 2025. Mr. Murguiondo was Director General of Vehicles of Construcciones y Auxiliar de Ferrocarriles, S.A. and served as its wheels...


Board Members

NamePositionTenureCompensationOwnership
Josu Murguiondo
CEO & Executive Director1.2yrsno datano data
Ignacio Mataix Entero
Independent Vice President of the Board1.9yrsno datano data
Manuel Munaiz
Independent President of the Board11.2yrs€69.00k0.010%
€ 35.1k
Jose Gonzalez
External Independent Director4.7yrs€19.00kno data
Nuria De Guereñu Ansola
External Independent Director11yrs€73.00kno data
Xabier Sagredo Ormaza
Independent Directorless than a yearno datano data
Isabel Paños
External Proprietary Director8.3yrs€71.00kno data
Ivan Uliarte
External Independent Director8yrs€126.00k0.11%
€ 385.7k
Gracia Granados
Independent Director3.9yrsno datano data
Elena Vazquez
Independent Director1.3yrsno datano data
Rafael Martin Bustamante Vega
Independent Directorless than a yearno datano data
3.9yrs
Average Tenure
64.5yo
Average Age

Experienced Board: TUB's board of directors are considered experienced (3.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/13 14:07
End of Day Share Price 2026/05/13 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tubacex, S.A. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Francisco Rodríguez SánchezBanco de Sabadell. S.A.
Robert JacksonBanco Santander
Bruno BessaCaixa Banco BPI