Tubacex (XMAD:TUB) Inventories, Inventories Adjustments: €-56.5 Mil (As of Jun. 2026)

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XMAD:TUB Tubacex SA XMAD:TUB
78 GF Score
Price €2.76
GF Value €3.24
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Tubacex Inventories, Inventories Adjustments?

Tubacex XMAD:TUB -2.30% 78 Inventories, Inventories Adjustments is €-56.5 Mil as of Jun. 2026. GuruFocus rates XMAD:TUB with a GF Score™ of 78/100 and a GF Value™ of €3.24 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Tubacex's Inventories, Inventories Adjustments for the quarter that ended in Jun. 2026 was €-56.5 Mil.

Tubacex's quarterly Inventories, Inventories Adjustments declined from Jun. 2025 (€-35.5 Mil) to Dec. 2025 (€-58.2 Mil) but then increased from Dec. 2025 (€-58.2 Mil) to Jun. 2026 (€-56.5 Mil).

Tubacex's annual Inventories, Inventories Adjustments increased from Dec. 2023 (€-38.0 Mil) to Dec. 2024 (€-36.3 Mil) but then declined from Dec. 2024 (€-36.3 Mil) to Dec. 2025 (€-58.2 Mil).

Tubacex Inventories, Inventories Adjustments Historical Data

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The historical data trend for Tubacex's Inventories, Inventories Adjustments can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tubacex Inventories, Inventories Adjustments Chart

Tubacex Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Inventories Adjustments
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.06 -34.74 -37.96 -36.25 -58.21

Tubacex Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Inventories, Inventories Adjustments Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -36.25 -35.48 -58.21 -56.51
XMAD:TUB
78GF Score
Tubacex SA XMAD:TUB
Inventories, Inventories Adjustments is just one metric. See GF Score™, valuation, warning signs, and more.
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Tubacex Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

What does a Inventories, Inventories Adjustments of €-56.5 Mil mean?
Tubacex (XMAD:TUB) has a Inventories, Inventories Adjustments of €-56.5 Mil as of Jun. 2026. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Tubacex and its competitors.
Is Tubacex's Inventories, Inventories Adjustments too high?
Tubacex's current Inventories, Inventories Adjustments is €-56.5 Mil. Overall, Tubacex has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tubacex's Inventories, Inventories Adjustments compare to NUE and STLD?
Tubacex's Inventories, Inventories Adjustments of €-56.5 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Inventories Adjustments for a Steel company?
A good Inventories, Inventories Adjustments depends on the Steel industry context. However, Inventories, Inventories Adjustments should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Inventories Adjustments mean?
A high Inventories, Inventories Adjustments can signal that a stock is expensive relative to its fundamentals. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Tubacex and its competitors. Tubacex's current Inventories, Inventories Adjustments is €-56.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tubacex stock overvalued right now?
Based on GuruFocus' analysis, Tubacex (XMAD:TUB) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.24, compared to a current price of €2.76 — trading 14.8% below its estimated fair value. The current Inventories, Inventories Adjustments is €-56.5 Mil. Tubacex's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Inventories Adjustments calculated?
Inventories, Inventories Adjustments is calculated from a company's financial statements. For Tubacex (XMAD:TUB), the current Inventories, Inventories Adjustments is €-56.5 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tubacex (XMAD:TUB) Overvalued in 2026?

Based on GuruFocus' analysis, Tubacex stock appears to be undervalued. The current stock price of €2.76 is trading 14.8% below its estimated GF Value™ of €3.24. GuruFocus considers Tubacex to be Modestly Undervalued.

Key valuation signals for XMAD:TUB:

  • Inventories, Inventories Adjustments: €-56.5 Mil
  • GF Value™: €3.24 vs. price of €2.76 (14.8% below fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the XMAD:TUB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tubacex Business Description

Other Exchanges TUBe:UK0KD1:UKTCX:Germany
Address Tres Cruces 8, PO Box 2201400, Llodio, ESP, 01400
Tubacex SA together with its subsidiaries, manufactures and markets stainless steel and high-nickel alloy tubes and pipes. The company's product portfolio includes hollow bars, steel and fittings products. It primarily serves oil and gas, petrochemical, chemical and power generation industries. It also devotes part of its production to the mechanical industry, aerospace, food, water desalination, electronics, capital goods and new technologies among other industries. Group has its industrial facilities in the Spain, Austria, the United States, Italy, India, and Thailand. Most of the revenue is generated through the sale of goods and rest from the rendering of services.
78GF Score

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Inventories, Inventories Adjustments is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.76
Price
€3.24
GF Value