Tubacex Stock

Tubacex ROE 2024

Tubacex ROE

0.15

Ticker

TUB.MC

ISIN

ES0132945017

WKN

861378

In 2024, Tubacex's return on equity (ROE) was 0.15, a 65.67% increase from the 0.09 ROE 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.

ROE Details

Decoding Tubacex's Return on Equity (ROE)

Tubacex's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Tubacex's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Tubacex's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Tubacex’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Tubacex stock

What is the ROE (Return on Equity) of Tubacex this year?

The ROE of Tubacex this year is 0.15 undefined.

How has the Return on Equity (ROE) of Tubacex developed compared to the previous year?

The ROE of Tubacex has increased by 65.67% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Tubacex?

A high ROE indicates that Tubacex generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Tubacex?

A low ROE can indicate that Tubacex is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Tubacex affect the company?

A change in ROE (Return on Equity) of Tubacex can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Tubacex?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Tubacex?

Some factors that can influence Tubacex's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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.