Tubacex Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Jesus Esmoris

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	11.8yrs
CEO ownership	0.1%
Management average tenure	no data
Board average tenure	6.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jesus Esmoris's remuneration changed compared to Tubacex's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	€23m
Mar 31 2024	n/a	n/a	€28m
Dec 31 2023	n/a	n/a	€36m
Sep 30 2023	n/a	n/a	€31m
Jun 30 2023	n/a	n/a	€31m
Mar 31 2023	n/a	n/a	€27m
Dec 31 2022	n/a	n/a	€20m
Sep 30 2022	n/a	n/a	€13m
Jun 30 2022	n/a	n/a	-€2m
Mar 31 2022	n/a	n/a	-€16m
Dec 31 2021	€494k	€400k	-€36m

Compensation vs Market: Insufficient data to establish whether Jesus's total compensation is reasonable compared to companies of similar size in the UK market.

Compensation vs Earnings: Insufficient data to compare Jesus's compensation with company performance.

CEO

Jesus Esmoris (60 yo)

11.8yrs

Tenure

€494,000

Compensation

Mr. Jesus Esmoris Esmoris has been the Chief Executive Officer of Tubacex, S.A. since January 28, 2013. Mr. Esmorís serves as the Managing Director of Business Development & Products at Cie Automotive, S.A...

Board Members

Name	Position	Tenure	Compensation	Ownership
Jesus Esmoris	CEO & Executive Director	11.4yrs	€494.00k	0.15% € 599.5k
Francisco Garcia Sanz	Independent Chairman of Board	5.4yrs	€101.00k	0.042% € 168.1k
Jorge Sendagorta Gomendio	External Independent Director	6.4yrs	€71.00k	no data
Manuel Munaiz	Independent Vice President	9.6yrs	€69.00k	0.010% € 42.0k
Antonio Pradera Jáuregui	External Independent Director	9.4yrs	€76.00k	no data
Jose Gonzalez	External Independent Director	3.1yrs	€19.00k	no data
Nuria De Guereñu Ansola	External Independent Director	9.4yrs	€73.00k	no data
Isabel Paños	External Proprietary Director	6.7yrs	€71.00k	no data
Ivan Uliarte	External Independent Director	6.4yrs	€126.00k	0.11% € 462.2k
Gema Mangdo	External Proprietary Director	5.4yrs	€71.00k	no data
Gracia Granados	Independent Director	2.3yrs	no data	no data

6.4yrs

Average Tenure

67yo

Average Age

Experienced Board: 0KD1's board of directors are considered experienced (6.4 years average tenure).

Tubacex Management

Management criteria checks 1/4

Key information

Recent management updates

Insufficient new directors

Insufficient new directors

Recent updates

Insufficient new directors

Second quarter 2024 earnings released: EPS: €0.014 (vs €0.083 in 2Q 2023)

Tubacex, S.A. to Report First Half, 2024 Results on Jul 24, 2024

Tubacex, S.A. to Report Q1, 2024 Results on Apr 25, 2024

Full year 2023 earnings released: EPS: €0.30 (vs €0.17 in FY 2022)

Tubacex, S.A. to Report Fiscal Year 2023 Results on Feb 29, 2024

New major risk - Financial position

Now 21% undervalued after recent price drop

Tubacex, S.A. to Report Q3, 2023 Results on Oct 27, 2023

Second quarter 2023 earnings released

First quarter 2023 earnings released

Full year 2022 earnings released: EPS: €0.17 (vs €0.29 loss in FY 2021)

Second quarter 2022 earnings released

Insufficient new directors

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Now 21% undervalued after recent price drop

Tubacex, S.A. to Report Q4, 2021 Results on Feb 24, 2022

Hierros Anon SA acquired Tubos Mecánicos, S.A. from Tubacex, S.A. (BME:TUB) for €25 million.

Third quarter 2021 earnings released: €0.074 loss per share

Second quarter 2021 earnings released

Full year 2020 earnings released: €0.20 loss per share (vs €0.086 profit in FY 2019)

Revenue beats expectations

New 90-day low: €1.32

Tubacex, S.A. to Report Q2, 2020 Results on Jul 28, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age