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Companies ›Basic Materials ›TUBA.MC
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TUBA.MC — BME Madrid Iron & Steel

Tubacex SA

€2,98
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6,95 %
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About

Tubacex SA is a mining company engaged in the production and sale of copper and other base metals, primarily operating in Spain and other European countries.

Business. Tubacex SA (TUBA.MC) is a Basic Materials company operating in the Iron & Steel industry, primarily engaged in mining activities. The firm is headquartered in Spain and is listed on the BME (Madrid) exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryIron & Steel
ActivityMining
Generated · model-assisted
Sell-side consensus
BUY7 analysts
6 buy1 hold0 sell
Avg 12m price target4,37

Analyst recommendations

7 analysts · consensus Buy
Buy6
Hold1
Sell0
12-month price target
4,37
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
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not yet scored
Valuation
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valuation pending
Analysts→
Buy
7 analysts · indicative
Ownership
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not yet wired
Profitability
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not yet wired
Quality
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not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning TUBA.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials · THIS SECTOR+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,7 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Consumer Discretionary+0,4 %+7,7 %−0,2 %
    Information Technology+0,3 %+7,8 %−0,3 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to TUBA.MC. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Tubacex SA (TUBA.MC) is a Basic Materials company operating in the Iron & Steel industry, primarily engaged in mining activities. The firm is headquartered in Spain and is listed on the BME (Madrid) exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorBasic Materials
    Business sectorMineral Resources
    IndustryIron & Steel
    ActivityMining
    AI synthesis
    GENERATED

    Tubacex operates with a fully diluted share count of 122.7 million shares, with no difference between basic and diluted shares outstanding, indicating no dilution risk from stock options or convertible securities. The company's liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.

    Profitability metrics for Tubacex are not available in the current dataset, and no direct comparison to industry medians can be made. However, the company's operations in the Iron & Steel industry suggest that it is subject to the same cyclical pressures and margin volatility as its peers.

    Tubacex's revenue is concentrated in a few geographic regions, primarily in Spain and other parts of Europe. The company does not disclose detailed segment data, so the extent of geographic diversification is unclear.

    The company's growth trajectory is not quantified in the current dataset, but analyst price targets suggest a range of expectations, with a mean of 4.37 EUR and a median of 4.15 EUR. The mean recommendation of 2.00 indicates a generally positive outlook from analysts.

    Tubacex faces low dilution risk, as no dilutive instruments are currently outstanding. The absence of balance-sheet data prevents a full assessment of liquidity risk, but the company's capital structure appears stable.

    Recent filings and transcripts are not available in the current dataset, so no specific events can be cited as influencing the company's performance or outlook.

    Key takeaways
    • Tubacex operates in the Iron & Steel industry with a focus on copper and base metals.
    • The company has no dilutive shares outstanding, indicating a stable capital structure.
    • Analysts have a generally positive outlook, with a mean price target of 4.37 EUR.
    • The company's liquidity risk could not be assessed due to missing balance-sheet data.
    • Revenue concentration in Spain and Europe suggests exposure to regional economic conditions.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Quarterly
    Annual
    ANNUALFiled 2026-02-27
    FY 2026 · Full-year highlights

    Revenue €719.3M, −6,3% YoY; Operating income −85,9% YoY.

    Revenue€719.3M−6,3 % YoY
    Operating income€8.9M−85,9 % YoY
    Net income-€31.3M−236,9 % YoY
    Free cash flow-€67.3M−105,7 % YoY
    EPS—
    Operating cash flow-€13.6M+59,8 % YoY
    Financials
    Income statement
    Revenue€719.3M
    Gross profit€419.1M
    Operating income€8.9M
    Net income-€31.3M
    Margins
    Gross margin58.3%
    Operating margin1.2%
    Net margin-4.3%
    FCF margin-9.4%
    Balance sheet
    Total assets€1.22B
    Total liabilities€924.7M
    Total equity€292.3M
    Cash & equivalents—
    Long-term debt€529.7M
    Cash flow
    Operating cash flow-€13.6M
    CapEx-€66.2M
    Free cash flow-€67.3M
    SBC—
    P&L flow · revenue → net income
    Revenue €719.3MOperating costs €710.3MTax €40.2MNet income €31.3M
    Highlights
    • ▍Revenue €719.3M, −6,3% YoY
    • ▍Operating income −85,9% YoY
    • ▍Net income −236,9% YoY
    • ▍Free cash flow −105,7% YoY
    • ▍Net margin -4.3%

    Valuation FY

    Market price
    €2,98
    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
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    Non-GAAP P/Eⓘ
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    EV / Revenueⓘ
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    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
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    Net cashⓘ
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    Current ratioⓘ
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    Debt / equityⓘ
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    ROAⓘ
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    ROEⓘ
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    Cash conversionⓘ
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    CapEx / revenueⓘ
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    SBC / revenueⓘ
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    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,12
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    7
    Other metrics
    Revenue
    —
    no estimate
    Segment revenue
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    no estimate
    Margin
    —
    no estimate
    Segment margin
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    no estimate
    as of 2026-05-25 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPS—no estimate—no estimate0,12
    Revenue—no estimate—no estimate762,4M EUR
    Operating income—no estimate—no estimate64,2M EUR
    Full-year consensus mean (period as reported by source) · consensus in EUR. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution7 analysts
    Strong buy1
    Buy5
    Hold1
    Sell0
    Strong sell0
    12-month price target€4,37 · Median €4,15
    Low €3,50High €5,60
    Operating income · consensus64,2M EUR
    EPS surprise
    −305,9 %
    reported vs consensus · miss
    Revenue surprise
    −5,7 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low€3,50
    Mean€4,37
    Median€4,15
    High€5,60
    Spot€2,98
    +46.4 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    Source documents
    • Tubacex SA Market data — financials · 2026-05-29
    • Tubacex SA Market data — analyst estimates · 2026-05-29
    • Tubacex SA Market data — ESG · 2026-05-29

    Ownership & reference

    Leadership

    • Jesus Esmoris EsmorisChief Executive Officer, Executive Director
    • Josu Imaz MurguiondoChief Executive Officer, Executive Director

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    TUBA.MCCanonical
    BME Madrid · EUR

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-02-27 15:36 UTCEARNINGSQuarterly results — Q4 2025
    2026-02-27 15:36 UTCEARNINGSAnnual results — FY 2026 Revenue EUR 719.3M · Net EUR -31.3M
    2025-10-31 15:07 UTCEARNINGSQuarterly results — Q3 2025 Revenue EUR 164.4M
    2025-07-25 03:05 UTCEARNINGSQuarterly results — Q2 2025
    2025-06-16 19:39 UTCEARNINGSQuarterly results — Q1 2025 Revenue EUR 182.3M
    2025-02-28 06:31 UTCEARNINGSQuarterly results — Q4 2024
    2025-02-28 06:31 UTCEARNINGSAnnual results — FY 2025 Revenue EUR 767.5M · Net EUR 22.9M
    2024-11-04 07:57 UTCEARNINGSQuarterly results — Q3 2024 Revenue EUR 171.1M
    2024-07-24 10:09 UTCEARNINGSQuarterly results — Q2 2024
    2024-03-01 05:59 UTCEARNINGSAnnual results — FY 2024 Revenue EUR 852.4M · Net EUR 36.3M
    2023-02-24 08:02 UTCEARNINGSAnnual results — FY 2023 Revenue EUR 714.7M · Net EUR 20.2M
    2022-02-24 09:15 UTCEARNINGSAnnual results — FY 2022 Revenue EUR 341.9M · Net EUR -32.2M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage