Tubacex (TCX) Stock Price & Analysis
TCX Stock Chart & Stats
- Day’s Range
- EUR 2.60 - EUR 2.60
- 52-Week Range
- EUR 2.43 - EUR 3.62
- Previous Close
- EUR 2.66
- Volume
- N/A
- Average Volume (3M)
- 116
- Market Cap
- EUR 321.71M
- Enterprise Value
- EUR 898.87M
- Total Cash (Recent Filing)
- EUR 120.87M
- Total Debt (Recent Filing)
- EUR 504.21M
- Price to Earnings (P/E)
- ―
- Beta
- 0.90
- Next Earnings
- Feb 26, 2027 (Est.)
- EPS Estimate
- N/A
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 1.49%
Bulls Say, Bears Say
Bulls Say
Specialized Industrial Positioning
Tubacex serves demanding applications where corrosion resistance, temperature performance, and technical specifications matter. This specialization differentiates its products from standard steel tubing and can support customer qualification, repeat demand, and more resilient positioning across energy, chemical, power, and industrial markets.
Value-added Solutions
The combination of manufacturing with heat treatment, machining, finishing, and other processing increases the value delivered per order beyond basic tube production. Deeper integration into customer specifications and projects can support premium pricing, strengthen relationships, and improve mix quality over time.
Asset Backing And Improved Leverage
Although balance-sheet risk remains meaningful, sizeable asset backing and leverage improvement from earlier peaks provide some support to financial resilience. These factors may help preserve operating flexibility and customer confidence through cyclical conditions while management works to rebuild profitability and cash generation.
Bears Say
Revenue Contraction And Volatility
The recent shift from strong growth to contraction indicates that demand and project activity are not yet translating into consistent top-line expansion. Continued revenue volatility can reduce capacity utilization, weaken operating leverage, and make earnings recovery more dependent on end-market timing and product mix.
Profitability Deterioration
A return to losses after positive net income in 2022–2024 materially weakens earnings visibility. Negative operating profit and compressed margins reduce internal funding capacity, make results more sensitive to volume and mix changes, and raise uncertainty about how quickly prior profitability can be restored.
Negative Cash Generation
Sustained operating and free-cash-flow deficits indicate that recent operations have not consistently converted accounting activity into cash. Ongoing cash burn can increase reliance on financing, constrain investment and debt reduction, and amplify liquidity pressure if the cyclical steel environment remains weak.
Tubacex News
TCX FAQ
What was Tubacex’s price range in the past 12 months?
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Tubacex Stock Smart Score
Company Description
Tubacex
Tubacex, S.A. is a global company, headquartered in Llodio, Spain, that produces and sells stainless steel and nickel tubes across both Spanish and international markets. Its comprehensive product range includes various seamless stainless steel tubes, such as CRA OCTG for oil and gas, specialized tubing for aerospace, space exploration, and defense, hydraulic and instrumentation lines, subsea umbilical components, and high-pressure tubes. Additionally, the company supplies foundational metal forms like round bars, billets, and ingots, alongside an assortment of fittings and custom-machined components like butt welding fittings, bends, elbows, tees, reducers, and caps. A proprietary offering is Tubacoat, a ceramic coating developed for enhancing long steel and high-nickel alloy products. Tubacex complements its product offerings with a broad suite of services, including design and simulation, logistics, repair, maintenance, and numerous value-added processes such as shotpeening, connection threading, bending, cutting, machining, welding, and specialized finishing. These products and services cater to a wide array of industries, including low-carbon solutions, power generation, oil and gas exploration and production, fertilizer manufacturing, aerospace, and hydrocarbon processing. The company was established in 1963.
- Sector
- General
- Industry
- Steel
- CEO
- Josu Imaz Murguiondo
- Employees
- 2,755
- Website
- www.tubacex.com
- Address
- Tres Cruces 8, Llodio, BQ, 01400, ES
Tubacex (TCX) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 6 | 2 | 14 |
| Technical Analysis | 6 | 2 | 2 |
| Moving Averages | 0 | 0 | 12 |


