What is the Return on Assets (ROA) of Tubacex this year?
The Return on Assets (ROA) of Tubacex is 0.03 undefined this year.
Tubacex ROA 2024
Tubacex ROA
0.03
Ticker
TUB.MC
ISIN
ES0132945017
WKN
861378
In 2024, Tubacex's return on assets (ROA) was 0.03, a 71.9% increase from the 0.02 ROA in the previous year.
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.ROA Details
Understanding Tubacex's Return on Assets (ROA)
Tubacex's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Tubacex's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Tubacex's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Tubacex’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Tubacex stock
What was the ROA of Tubacex compared to the previous year?
The ROA of Tubacex has increased by 71.9% compared to the previous year.
What consequences do high ROA have for investors of Tubacex?
A high ROA is advantageous for investors of Tubacex, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Tubacex?
A low ROA can be unfavorable for investors of Tubacex as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Tubacex affect the company?
An increase in ROA of Tubacex can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Tubacex impact the company?
A reduction in the ROA of Tubacex can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Tubacex?
Some factors that can influence the ROA of Tubacex include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Tubacex important for investors?
The ROA of Tubacex is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Tubacex take to improve ROA?
To improve ROA, Tubacex can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
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.
