TUBACEX, S.A. |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.27 EUR | +2.03% |
|
+0.30% | -5.71% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 366.9 | 172.9 | 185.1 | 241.6 | 422.7 | 387.2 | - | - |
| Enterprise Value (EV) 1 | 620.5 | 471 | 521.3 | 528.7 | 422.7 | 682.1 | 694.9 | 672.2 |
| P/E ratio | 25.7 x | -6.85 x | -5.78 x | 12.5 x | 12.1 x | 8.66 x | 6.32 x | 5.49 x |
| Yield | 0.81% | - | - | - | - | 4.03% | 5.15% | 6.34% |
| Capitalization / Revenue | 0.6 x | 0.36 x | 0.54 x | 0.34 x | 0.5 x | 0.42 x | 0.36 x | 0.35 x |
| EV / Revenue | 1.01 x | 0.98 x | 1.52 x | 0.74 x | 0.5 x | 0.74 x | 0.65 x | 0.61 x |
| EV / EBITDA | 9.25 x | 12.4 x | 38.9 x | 5.72 x | 3.38 x | 5.02 x | 4.21 x | 3.86 x |
| EV / FCF | 29.6 x | -14.7 x | -10.3 x | 8.75 x | - | 21.3 x | -57.9 x | - |
| FCF Yield | 3.38% | -6.78% | -9.72% | 11.4% | - | 4.69% | -1.73% | - |
| Price to Book | 1.28 x | 0.73 x | 0.94 x | 1.09 x | - | 1.51 x | 1.22 x | - |
| Nbr of stocks (in thousands) | 129,649 | 126,177 | 123,202 | 120,906 | 120,777 | 120,804 | - | - |
| Reference price 2 | 2.830 | 1.370 | 1.502 | 1.998 | 3.500 | 3.205 | 3.205 | 3.205 |
| Announcement Date | 2/28/20 | 2/25/21 | 2/24/22 | 2/24/23 | 2/29/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 613.5 | 479.6 | 341.9 | 714.7 | 852.4 | 925.5 | 1,066 | 1,105 |
| EBITDA 1 | 67.1 | 38.1 | 13.41 | 92.35 | 125.2 | 135.9 | 165.2 | 174.3 |
| EBIT 1 | 22.79 | -11.95 | -31.12 | 44.45 | 80.74 | 87.56 | 113.8 | 129.4 |
| Operating Margin | 3.71% | -2.49% | -9.1% | 6.22% | 9.47% | 9.46% | 10.67% | 11.71% |
| Earnings before Tax (EBT) 1 | 11.5 | -26.36 | -42.42 | 26.87 | 49.58 | 66.63 | 93.93 | 102 |
| Net income 1 | 11.15 | -25.3 | -32.21 | 20.23 | 36.33 | 47.33 | 65.25 | 73.67 |
| Net margin | 1.82% | -5.28% | -9.42% | 2.83% | 4.26% | 5.11% | 6.12% | 6.67% |
| EPS 2 | 0.1102 | -0.2000 | -0.2600 | 0.1600 | 0.2900 | 0.3700 | 0.5075 | 0.5833 |
| Free Cash Flow 1 | 20.97 | -31.93 | -50.66 | 60.42 | - | 32 | -12 | - |
| FCF margin | 3.42% | -6.66% | -14.82% | 8.45% | - | 3.46% | -1.13% | - |
| FCF Conversion (EBITDA) | 31.25% | - | - | 65.42% | - | 23.54% | - | - |
| FCF Conversion (Net income) | 188.05% | - | - | 298.6% | - | 67.61% | - | - |
| Dividend per Share 2 | 0.0230 | - | - | - | - | 0.1292 | 0.1650 | 0.2033 |
| Announcement Date | 2/28/20 | 2/25/21 | 2/24/22 | 2/24/23 | 2/29/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 282 | 158.1 | 195.7 | 353.8 | 173.3 | 187.6 | 232.2 | 202.6 | 434.8 | 207.2 | 210.5 | 186.5 |
| EBITDA 1 | 19.82 | - | 23.4 | 42.46 | 24.8 | 25.05 | 30.5 | 33.82 | 64.32 | 29.5 | 31.43 | 25 |
| EBIT 1 | - | - | 10.66 | 18.06 | 13.6 | 12.75 | 18.7 | 22.32 | 41.02 | 19.6 | 20.14 | 13.5 |
| Operating Margin | - | - | 5.45% | 5.1% | 7.85% | 6.8% | 8.05% | 11.02% | 9.43% | 9.46% | 9.57% | 7.24% |
| Earnings before Tax (EBT) 1 | -11.37 | - | 7.914 | 10.41 | 9.9 | 6.566 | 12.7 | 15.24 | 27.94 | - | 10.68 | 4.8 |
| Net income 1 | -8.305 | 3.4 | 5.722 | 9.122 | 7.9 | 3.234 | 10 | 10 | 20 | 7.8 | 8.532 | 6.65 |
| Net margin | -2.94% | 2.15% | 2.92% | 2.58% | 4.56% | 1.72% | 4.31% | 4.94% | 4.6% | 3.76% | 4.05% | 3.06% |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 7/28/20 | 4/28/22 | 7/21/22 | 7/21/22 | 10/27/22 | 2/24/23 | 4/21/23 | 7/21/23 | 7/21/23 | 10/27/23 | 2/29/24 | 4/24/24 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 254 | 298 | 336 | 287 | - | 295 | 308 | 285 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.779 x | 7.825 x | 25.08 x | 3.109 x | - | 2.169 x | 1.862 x | 1.635 x |
| Free Cash Flow 1 | 21 | -31.9 | -50.7 | 60.4 | - | 32 | -12 | - |
| ROE (net income / shareholders' equity) | 3.97% | -9.58% | -14.7% | 9.66% | - | 13.6% | 18.4% | 19.4% |
| ROA (Net income/ Total Assets) | - | - | - | 1.84% | - | 3.9% | 4.3% | 4.5% |
| Assets 1 | - | - | - | 1,101 | - | 1,214 | 1,517 | 1,637 |
| Book Value Per Share 2 | 2.220 | 1.890 | 1.600 | 1.830 | - | 2.130 | 2.630 | - |
| Cash Flow per Share 2 | 0.6300 | -0.0600 | -0.1900 | 0.7100 | - | 0.7400 | 1.180 | - |
| Capex 1 | 62.5 | 24.7 | 26.7 | 27.2 | - | 50.5 | 51.5 | 41.5 |
| Capex / Sales | 10.19% | 5.14% | 7.82% | 3.8% | - | 5.46% | 4.83% | 3.76% |
| Announcement Date | 2/28/20 | 2/25/21 | 2/24/22 | 2/24/23 | 2/29/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
3.205
EUR
Average target price
4.838
EUR
Spread / Average Target
+50.95%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -5.71% | 421M | |
| -6.15% | 39.16B | |
| +28.39% | 25.72B | |
| -23.72% | 21.17B | |
| -9.06% | 20.99B | |
| +8.68% | 20.17B | |
| +4.21% | 19.84B | |
| +4.50% | 9.35B | |
| -21.23% | 8.62B | |
| -.--% | 7.74B |
- Stock Market
- Equities
- TUB Stock
- Financials Tubacex, S.A.
