Tubacex SA Financials
| TUB Stock | EUR 3.30 0.07 2.08% |
Tubacex |
Understanding current and past Tubacex SA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tubacex SA's financial statements are interrelated, with each one affecting the others. For example, an increase in Tubacex SA's assets may result in an increase in income on the income statement.
Please note, the presentation of Tubacex SA's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tubacex SA's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Tubacex SA's management manipulating its earnings.
Tubacex SA Stock Summary
Tubacex SA competes with Acerinox, and . 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.| Foreign Associate | Germany |
| Instrument | Spain Stock View All |
| Exchange | Madrid Exchange |
| ISIN | ES0132945017 |
| Business Address | Tres Cruces 8, |
| Sector | Basic Materials |
| Industry | Steel |
| Benchmark | Dow Jones Industrial |
| Website | www.tubacex.com |
| Phone | 34 946 71 93 00 |
| Currency | EUR - Euro |
You should never invest in Tubacex SA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Tubacex Stock, because this is throwing your money away. Analyzing the key information contained in Tubacex SA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Tubacex SA Key Financial Ratios
Tubacex SA's financial ratios allow both analysts and investors to convert raw data from Tubacex SA's financial statements into concise, actionable information that can be used to evaluate the performance of Tubacex SA over time and compare it to other companies across industries.| Return On Equity | 0.0387 | |||
| Return On Asset | 0.0163 | |||
| Target Price | 3.24 | |||
| Beta | 1.36 | |||
| Z Score | 0.6 |
Tubacex Financial Ratios 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 rated second in return on equity category among its peers. It also is rated second 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.Tubacex SA Systematic Risk
Tubacex SA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tubacex SA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Tubacex SA correlated with the market. If Beta is less than 0 Tubacex SA generally moves in the opposite direction as compared to the market. If Tubacex SA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tubacex SA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tubacex SA is generally in the same direction as the market. If Beta > 1 Tubacex SA moves generally in the same direction as, but more than the movement of the benchmark.
Tubacex SA November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tubacex SA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tubacex SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tubacex SA based on widely used predictive technical indicators. In general, we focus on analyzing Tubacex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tubacex SA's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.39 | |||
| Information Ratio | 0.0557 | |||
| Maximum Drawdown | 9.38 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 3.39 |
Complementary Tools for Tubacex Stock analysis
When running Tubacex SA's price analysis, check to measure Tubacex SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tubacex SA is operating at the current time. Most of Tubacex SA's value examination focuses on studying past and present price action to predict the probability of Tubacex SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tubacex SA's price. Additionally, you may evaluate how the addition of Tubacex SA to your portfolios can decrease your overall portfolio volatility.
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