Tubacex Stock

Tubacex Market capitalization 2024

Tubacex Market capitalization

335.97 M EUR

Ticker

TUB.MC

ISIN

ES0132945017

WKN

861378

In 2024, Tubacex's market cap stood at 335.97 M EUR, a -9.65% increase from the 371.87 M EUR market cap in the previous year.

The Tubacex Market capitalization history

YEARMarket Capitalization (undefined EUR)
2023339.24
2022243.77
2021194.76
2020193.87
2019359.1
2018412.09
2017407.18
2016298.81
2015325.18
2014452.64
2013331.53
2012244.83
2011311.33
2010339.11
2009333.09
2008707.86
2007825.06
2006595.93
2005389.44
2004218

Tubacex Aktienanalyse

What does Tubacex do?

Tubacex SA is a Spanish company specializing in the production of seamless stainless steel pipes. The company was founded in 1963 and is headquartered in Llodio, a city in the province of Alava in northern Spain. Tubacex SA's history began as a small family-run company specializing in the production of alloyed steel and stainless steel pipes. Over the years, the company has expanded its offering by adding plastic pipes and pumps to its stainless steel pipe range. Today, Tubacex SA is a leading global provider of seamless stainless steel and aluminum pipes used in various industries such as oil and gas, energy, petrochemicals, automotive, and aerospace. The company offers a wide range of pipes in different sizes and grades that meet the strict standards and demands of customers. The production of seamless stainless steel pipes requires high technical expertise and special skills. Consequently, Tubacex SA invests significant time and resources in research and development to ensure that its pipes meet the highest quality standards and provide customers with the utmost reliability and durability. Tubacex SA's business model is heavily focused on exports. The company exports more than 90% of its pipes to over 100 countries worldwide. This is due to Tubacex SA's global presence, with manufacturing facilities in Spain, the United States, Austria, India, and Thailand. Tubacex SA operates in various business areas, including: - Energy: The company supplies the energy industry with seamless stainless steel pipes for water and steam power plants, as well as nuclear facilities. - Oil and Gas: Tubacex SA offers pipes for the offshore oil and gas industry, as well as for oil and gas exploration, drilling, and production. - Petrochemicals: The company provides pipes for the transportation of chemicals, natural gas, and other petrochemical products. - Automotive: Tubacex SA produces pipes for the automotive industry, particularly for exhaust systems and catalytic converters. - Aerospace: The company supplies the aerospace industry with pipes for aircraft engines and other applications. In recent years, Tubacex SA has also consolidated its position in the industry through acquisitions and mergers. For example, in 2015, the company made two significant acquisitions: the French company Prakash Steelage, a leading producer of stainless steel pipes for the oil and gas industry, and the Italian Trafiltubi, a provider of precision tubes for various industries. Overall, Tubacex SA is a leading provider of seamless stainless steel pipes for various industries. The company has a long history in pipe production and has continuously expanded its offering over the years to meet the needs of its customers. With its global presence and extensive technical capabilities, Tubacex SA is well-positioned to continue playing a strong role in the industry in the future. Tubacex ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Tubacex's Market Capitalization

Tubacex's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Tubacex's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Tubacex's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Tubacex’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Tubacex stock

What is the current Tubacex market capitalization?

The current market capitalization of Tubacex is 335.97 M EUR.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Tubacex.

How has the market capitalization of Tubacex developed in recent years?

The market capitalization of Tubacex has increased/decreased by -9.65% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Tubacex?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Tubacex?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Tubacex have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Tubacex pay?

Over the past 12 months, Tubacex paid a dividend of 0.06 EUR . This corresponds to a dividend yield of about 2.33 %. For the coming 12 months, Tubacex is expected to pay a dividend of 0.06 EUR.

What is the dividend yield of Tubacex?

The current dividend yield of Tubacex is 2.33 %.

When does Tubacex pay dividends?

Tubacex pays a quarterly dividend. This is distributed in the months of February, June, July, August.

How secure is the dividend of Tubacex?

Tubacex paid dividends every year for the past 5 years.

What is the dividend of Tubacex?

For the upcoming 12 months, dividends amounting to 0.06 EUR are expected. This corresponds to a dividend yield of 2.16 %.

In which sector is Tubacex located?

Tubacex is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Tubacex kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tubacex from 7/4/2024 amounting to 0.118 EUR, you needed to have the stock in your portfolio before the ex-date on 7/2/2024.

When did Tubacex pay the last dividend?

The last dividend was paid out on 7/4/2024.

What was the dividend of Tubacex in the year 2023?

In the year 2023, Tubacex distributed 0 EUR as dividends.

In which currency does Tubacex pay out the dividend?

The dividends of Tubacex are distributed in EUR.

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Andere Kennzahlen von Tubacex

Our stock analysis for Tubacex Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tubacex Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.