Company Valuation: Tubacex, S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 185.1 241.6 422.7 395.8 409.6 363.1 - -
Change - 30.54% 74.99% -6.36% 3.48% -11.34% - -
Enterprise Value (EV) 1 521.3 528.7 703.4 650.8 754.4 728.3 664.8 646.5
Change - 1.42% 33.05% -7.48% 15.91% -3.46% -8.71% -2.76%
P/E -5.78x 12.5x 12.1x 18.1x -13.3x 49.5x 14.8x 9.67x
PBR 0.94x 1.09x 1.76x 1.09x 1.4x 1.34x 1.16x 1.2x
PEG - -0x 0.1x -0.5x 0x -0x 0x 0.2x
Capitalization / Revenue 0.54x 0.34x 0.5x 0.52x 0.57x 0.52x 0.42x 0.4x
EV / Revenue 1.52x 0.74x 0.83x 0.85x 1.05x 1.05x 0.77x 0.72x
EV / EBITDA 38.9x 5.72x 5.62x 6.08x 7.13x 8.18x 5.2x 4.13x
EV / EBIT -16.8x 11.9x 8.71x 10.2x 12.9x 20.7x 9.29x 6.42x
EV / FCF -10.3x 8.75x 20.2x -6.29x -9.46x -61.7x 36.1x 11.5x
FCF Yield -9.72% 11.4% 4.94% -15.9% -10.6% -1.62% 2.77% 8.72%
Dividend per Share 2 - - - - - 0.0247 0.0915 0.1288
Rate of return - - - - - 0.83% 3.08% 4.34%
EPS 2 -0.26 0.16 0.29 0.18 -0.25 0.06 0.2007 0.307
Distribution rate - - - - - 41.2% 45.6% 41.9%
Net sales 1 341.9 714.7 852.4 767.5 719.3 693 858.4 903.9
EBITDA 1 13.41 92.35 125.2 107 105.8 89 127.9 156.4
EBIT 1 -31.12 44.45 80.74 63.52 58.3 35.11 71.55 100.7
Net income 1 -32.21 20.23 36.33 22.85 -31.28 -0.7656 27.48 40.87
Net Debt 1 336.2 287.1 280.7 255 344.8 365.2 301.7 283.4
Reference price 2 1.502 1.998 3.500 3.255 3.335 2.970 2.970 2.970
Nbr of stocks (in thousands) 123,202 120,906 120,777 121,607 122,815 122,267 - -
Announcement Date 2/24/22 2/24/23 2/29/24 2/27/25 2/26/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
49.5x1.05x8.18x0.83% 424M
13.36x1.47x7.67x0.92% 55.27B
16.54x0.94x7.58x0.85% 55.09B
13.68x1.49x8.81x0.93% 32.78B
36.72x7.03x23.91x0.17% 24.4B
13.07x1.16x7.04x2.3% 23.82B
12.08x0.77x7.38x3.66% 21.68B
11.22x0.53x5.15x3.17% 16.92B
13.83x4.12x10.73x0.05% 10.97B
13.1x0.87x6.54x2.92% 10.24B
Average 19.31x 1.94x 9.30x 1.58% 25.16B
Weighted average by Cap. 16.15x 1.83x 9.21x 1.39%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation Tubacex, S.A.