Business description: Tubacex, S.A.

Tubacex SA is a Spain-based company primarily engaged, through its subsidiaries, in the steel industry. The Company's main activity is the manufacture, distribution and sale of seamless stainless steel tubes and pipes. The Company’s product portfolio also includes hollow bars, steel and fittings. It has operations established in Europe, the Americas and Asia.The Company is a parent of Grupo Tubacex, a group, which comprises a number of controlled entities, including Aceria de Alava SA, Tubacex Tubos Inoxidables SA, Schoeller-Bleckmann Edelstahlrohr Inmobilien AG, Salem Tube Inc, Tubacex Taylor Accesorios SA and Metaux Inox Services SAS, among others.

Number of employees: 2,619

Sales by Activity: Tubacex, S.A.

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Europe

- - - - 52Cr

America

- - - - 11Cr

Rest of The World

- - - - 8.84Cr

Seamless Stainless Steel Pipes

- 34Cr 33Cr 35Cr -

Special Steels, Components and Others

- 38Cr 52Cr 42Cr -

Carbon Tube

2.31Cr - - - -

Stainless Steel Seamless Tubes

34Cr - - - -

Geographical breakdown of sales: Tubacex, S.A.

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Arab Emirates

1.01Cr 2.7Cr 3.92Cr 3.67Cr 15Cr

United States

5.21Cr 16Cr 20Cr 13Cr 14Cr

United Kingdom

1.33Cr 3.3Cr 6.8Cr 7.12Cr 5.69Cr

Norway

4.6Cr 5.8Cr 5.27Cr 11Cr 4.84Cr

Others

4.32Cr 8.79Cr 11Cr 7.28Cr 4.83Cr

France

2.65Cr 4.37Cr 3.34Cr 2.7Cr 4.09Cr

Brazil

- 5.21Cr 12Cr 3.07Cr 3.99Cr

Italy

2.36Cr 5.75Cr 5.58Cr 7.4Cr 3.85Cr

Spain

1.73Cr 2.72Cr 2.76Cr 3Cr 3.53Cr

Rest of Europe

3.88Cr 5.08Cr 3.06Cr 2.02Cr 2.6Cr

India

- - - 3.52Cr 2.55Cr

Germany

3.15Cr 7.36Cr 7.61Cr 3.37Cr 2.43Cr

Austria

2.01Cr 1.43Cr 2.13Cr 1.85Cr 1.6Cr

Netherlands

1.12Cr 1.89Cr 1.66Cr 1.16Cr 96.77L

China

- - - 3.44Cr 87.66L

Singapore

- - - 2.62Cr 58.84L

Russia

81.58L 1.14Cr - - -

Executive Committee: Tubacex, S.A.

Manager TitleAgeSince
Chief Executive Officer - -
Director of Finance/CFO - -
Comptroller/Controller/Auditor - 01/09/2023
Corporate Officer/Principal - -
Corporate Secretary - 22/02/2013

Composition of the Board of Directors: Tubacex, S.A.

Director TitleAgeSince
Director/Board Member 64 24/04/2024
Director/Board Member - 23/05/2018
Chairman 73 22/03/2024
Director/Board Member 54 25/09/2025
Director/Board Member - 27/05/2015
Director/Board Member - 23/02/2018
Director/Board Member - 23/05/2018
Director/Board Member - 29/06/2022
Director/Board Member - 23/09/2021

Shareholders: Tubacex, S.A.

NameStocks%Valuation
11 %
1,39,20,418 11 % 50 M €
6.555 %
82,94,762 6.555 % 30 M €
Muza Gestion de Activos SGIIC SA
3.839 %
48,57,719 3.839 % 18 M €
Magallanes Value Investors SA SGIIC
3.729 %
47,19,295 3.729 % 17 M €
Itzarri EPSV De Empleo
3.21 %
40,62,231 3.21 % 15 M €

Holdings: Tubacex, S.A.

NameStocks%Valuation
37,91,9783% 14 M $

Company details: Tubacex, S.A.

Tubacex SA

Tres Cruces 8

01400, Álava

+34 946 71 93 00

http://www.tubacex.com
address Tubacex, S.A.(TUB)

Group companies: Tubacex, S.A.

NameCategory and Sector
Steel
Wholesale Distributors
Tubacex Upstream Technologies SA
Steel
Steel
Industrial Specialties

Other Steel

Change 5-day change 1-year change 3-year change Capi.($)
-0.15%-2.92%-10.39%+15.48% 47Cr
+2.29%+3.00%+59.67%+35.07% 5.18TCr
+6.42%-0.99%+97.01%+138.67% 5.05TCr
+2.86%+3.64%+69.11%+113.88% 3.29TCr
-2.09%-3.12%+108.15%+926.63% 2.87TCr
+1.78%+0.68%+19.58%+66.00% 2.5TCr
-1.04%+0.36%-3.63%-6.60% 1.78TCr
+5.56%-2.03%-2.34%-20.53% 1.57TCr
+2.94%+1.21%+20.79%+293.38% 1.06TCr
+2.67%+2.15%+55.15%+27.31% 991.31Cr
Average +2.12%+0.13%+41.31%+158.93% 2.43TCr
Weighted average by Cap. +2.66%+0.38%+59.65%+179.93%
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
3.320EUR
Average target price
4.167EUR
Spread / Average Target
+25.50%

Quarterly revenue - Rate of surprise

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