Tubacex Financial Statements From 2010 to 2024
| TUB Stock | EUR 3.36 0.04 1.18% |
Check Tubacex SA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tubacex SA's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tubacex financial statements analysis is a perfect complement when working with Tubacex SA Valuation or Volatility modules.
Tubacex |
Tubacex SA Company Return On Equity Analysis
Tubacex SA's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Tubacex SA Return On Equity | 0.0387 |
Most of Tubacex SA's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tubacex SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Tubacex SA has a Return On Equity of 0.0387. This is 95.75% lower than that of the Basic Materials sector and 99.63% lower than that of the Steel industry. The return on equity for all Spain stocks is 112.48% lower than that of the firm.
Tubacex SA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tubacex SA's current stock value. Our valuation model uses many indicators to compare Tubacex SA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tubacex SA competition to find correlations between indicators driving Tubacex SA's intrinsic value. More Info.Tubacex SA is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.42 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tubacex SA is roughly 2.37 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tubacex SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tubacex SA's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Tubacex SA Financial Statements
Tubacex SA stakeholders use historical fundamental indicators, such as Tubacex SA's revenue or net income, to determine how well the company is positioned to perform in the future. Although Tubacex SA investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tubacex SA's assets and liabilities are reflected in the revenues and expenses on Tubacex SA's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tubacex SA. Please read more on our technical analysis and fundamental analysis pages.
Tubacex, S.A., together with its subsidiaries, manufactures and sells stainless steel and high-nickel alloy tubes and pipes worldwide. The company was founded in 1963 and is headquartered in Llodio, Spain. TUBACEX S operates under Steel classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 2453 people.
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Tubacex SA financial ratios help investors to determine whether Tubacex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tubacex with respect to the benefits of owning Tubacex SA security.