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Tubacex SA
MAD:TUB

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Tubacex SA
MAD:TUB
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Price: 3.16 EUR 0.64% Market Closed
Market Cap: €381.7m

Gross Margin

61.9%
Current
Improving
by 2.5%
vs 3-y average of 59.5%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
61.9%
=
Gross Profit
€452.7m
/
Revenue
€731m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
61.9%
=
Gross Profit
€452.7m
/
Revenue
€731m

Peer Comparison

Country Company Market Cap Gross
Margin
ES
Tubacex SA
MAD:TUB
388.1m EUR
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ZA
Kumba Iron Ore Ltd
JSE:KIO
113.7B ZAR
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BR
Vale SA
BOVESPA:VALE3
347.3B BRL
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LU
ArcelorMittal SA
AEX:MT
37.9B EUR
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AU
Fortescue Metals Group Ltd
ASX:FMG
58.9B AUD
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AU
Fortescue Ltd
XMUN:FVJ
36.1B EUR
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US
Nucor Corp
NYSE:NUE
39.4B USD
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IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR
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US
Steel Dynamics Inc
NASDAQ:STLD
27.6B USD
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IN
Tata Steel Ltd
NSE:TATASTEEL
2.5T INR
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CN
Baoshan Iron & Steel Co Ltd
SSE:600019
155.1B CNY
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Market Distribution

In line with most companies in Spain
Percentile
65th
Based on 599 companies
65th percentile
61.9%
Low
-178.8% — 38.9%
Typical Range
38.9% — 65.1%
High
65.1% — 192.7%
Distribution Statistics
Spain
Min -178.8%
30th Percentile 38.9%
Median 52.5%
70th Percentile 65.1%
Max 192.7%

Tubacex SA
Glance View

Market Cap
381.7m EUR
Industry
Metals & Mining

Tubacex SA is engaged in manufacturing seamless tubes in stainless steel and high-nickel alloys and superalloys. The company is headquartered in Llodio, Alava and currently employs 2,336 full-time employees. The firm's main activity is the manufacture, distribution and sale of seamless stainless steel tubes and pipes. The Company’s product portfolio also includes hollow bars, steel and fittings. The company has operations established in Europe, the Americas and Asia.The Company is a parent of Grupo Tubacex, a group, which comprises a number of controlled entities, including Aceria de Alava SA, Tubacex Tubos Inoxidables SA, Schoeller-Bleckmann Edelstahlrohr Inmobilien AG, Salem Tube Inc, Tubacex Taylor Accesorios SA and Metaux Inox Services SAS, among others.

TUB Intrinsic Value
5.01 EUR
Undervaluation 37%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
61.9%
=
Gross Profit
€452.7m
/
Revenue
€731m
What is Tubacex SA's current Gross Margin?

The current Gross Margin for Tubacex SA is 61.9%, which is above its 3-year median of 59.5%.

How has Gross Margin changed over time?

Over the last 3 years, Tubacex SA’s Gross Margin has decreased from 62.2% to 61.9%. During this period, it reached a low of 57.2% on Dec 31, 2023 and a high of 62.2% on Jun 30, 2022.

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