TUBE Stock Overview

Engages in the manufacturing, supplying, and sale of stainless steel and nickel super-alloy tubular solutions in Spain and internationally. More details

TUBE fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	5/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 61.8% below our estimate of its fair value

Earnings are forecast to grow 24.01% per year

Earnings grew by 130.7% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

Tubacex, S.A. Competitors

Castings

LSE:CGS

UK£113.9m

Ecora Resources

LSE:ECOR

UK£149.1m

Hill & Smith

LSE:HILS

UK£1.4b

Novolipetsk Steel

LSE:NLMK

US$4.1b

Price History & Performance

Summary of share price highs, lows and changes for Tubacex
Historical stock prices
Current Share Price	€3.24
52 Week High	€3.24
52 Week Low	€3.24
Beta	1.32
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	0%

Recent updates

Shareholder Returns

	TUBE	GB Metals and Mining	GB Market
7D	0%	2.0%	-0.3%
1Y	n/a	-6.7%	4.9%

Return vs Industry: Insufficient data to determine how TUBE performed against the UK Metals and Mining industry.

Return vs Market: Insufficient data to determine how TUBE performed against the UK Market.

Price Volatility

Is TUBE's price volatile compared to industry and market?
TUBE volatility
TUBE Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	7.6%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.8%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: TUBE has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine TUBE's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1963	2,493	Jesus Esmoris	www.tubacex.com

Tubacex, S.A., together with its subsidiaries, engages in the manufacturing, supplying, and sale of stainless steel and nickel super-alloy tubular solutions in Spain and internationally. The company offers seamless stainless steel tubes; mechanical tubes; round bars, billets, and ingots; fittings and special components, such as welding fittings, curved sections, elbows, tees, reducers, and caps; and Tubacoat, a ceramic coating for long steel and high-nickel alloy products. Its products have applications in oil and gas exploration and production, hydrocarbon processing, fertilizer, power generation, aerospace, and other industries.

Tubacex, S.A. Fundamentals Summary

How do Tubacex's earnings and revenue compare to its market cap?
TUBE fundamental statistics
Market cap	€406.41m
Earnings (TTM)	€31.03m
Revenue (TTM)	€832.28m

13.5x

P/E Ratio

0.5x

P/S Ratio

Is TUBE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TUBE income statement (TTM)
Revenue	€832.28m
Cost of Revenue	€360.58m
Gross Profit	€471.69m
Other Expenses	€440.66m
Earnings	€31.03m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.26
Gross Margin	56.68%
Net Profit Margin	3.73%
Debt/Equity Ratio	144.4%

How did TUBE perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

23%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/01/16 17:42
End of Day Share Price	2023/12/13 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Tubacex, S.A. is covered by 19 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.

Analyst	Institution
César Sánchez-Grande Bergon	Ahorro Corporación
Bruno Bessa	Banco BPI, S.A.
Francisco Rodríguez Sánchez	Banco de Sabadell. S.A.

Tubacex BATS-CHIXE:TUBE Stock Report