TubacexSTU:TCX -0.30%74 Net Margin % is 0.84% as of Mar. 2026, which is 13% below its 10-year median of 0.96. GuruFocus rates STU:TCX with a GF Score™ of 74/100 and a GF Value™ of €2.90 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 615 Steel companies, Tubacex ranks worse than 84.88% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Tubacex's Net Income for the
three
months ended in Mar. 2026 was €1.3 Mil. Tubacex's Revenue for the
three
months ended in Mar. 2026 was €154.2 Mil. Therefore, Tubacex's net margin for the quarter that ended in Mar. 2026 was 0.84%.
The historical rank and industry rank for Tubacex's Net Margin % or its related term are showing as below:
STU:TCX'
s Net Margin % Range Over the Past 10 Years
Min: -9.42 Med: 0.96 Max: 4.26
Current: -5.48
STU:TCX's Net Margin % is ranked worse than 84.88% of 615
companies
in the Steel industry
Industry Median: 1.86
vs STU:TCX: -5.48
Tubacex (STU:TCX) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Tubacex Net Margin % Related Terms
Tubacex Net Margin % Historical Data
* Premium members only.
The historical data trend for Tubacex's Net Margin % 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.
For the Steel subindustry, Tubacex's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tubacex Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Tubacex's Net Margin % distribution charts can be found below:
* The bar in red indicates where Tubacex's Net Margin % falls into.
* 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 (STU:TCX) has a Net Margin % of 0.84% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Tubacex and its competitors. This is 13% below median its historical median of 0.96. According to the industry distribution chart, Tubacex ranks #522 out of 615 companies in the Steel industry, placing it in the top 84.9%.
Is Tubacex's Net Margin % too high?
Tubacex's current Net Margin % of 0.84% is 13% below median its 10-year median of 0.96. The Steel industry median Net Margin % is 1.86. Tubacex's value of 0.84% is 54.8% below this industry median. Based on the distribution chart, Tubacex ranks #522 out of 615 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Tubacex has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tubacex's Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Tubacex ranks #522 out of 615 companies for Net Margin %. This places Tubacex in the lower half of its industry. The industry median Net Margin % is 1.86. Tubacex's value of 0.84% is 54.8% below this benchmark. While the company's 10-year median is 0.96 vs. the industry median of 1.86, Tubacex has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Steel company?
The median Net Margin % among Steel companies is 1.86, based on 615 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tubacex's current Net Margin % of 0.84% is 54.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Tubacex and its competitors. For the Steel industry, the median Net Margin % is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tubacex's current Net Margin % is 0.84%, which is 13% below median its own 10-year median of 0.96. 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 (STU:TCX) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.90, compared to a current price of €3.28 — trading 12.9% above its estimated fair value. The current Net Margin % is 0.84%, which is 13% below median its 10-year median of 0.96 and 54.8% below the Steel industry median of 1.86. Tubacex's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Tubacex (STU:TCX), the current Net Margin % is 0.84% as of Mar. 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 (STU:TCX) Overvalued in 2026?
Based on GuruFocus' analysis, Tubacex stock appears to be overvalued.
The current stock price of €3.28 is trading 12.9% above its estimated GF Value™ of €2.90.
GuruFocus considers Tubacex to be Modestly Overvalued.
Key valuation signals for STU:TCX:
Net Margin %: 0.84% (13% below median its 10-year median of 0.96)
GF Value™: €2.90 vs. price of €3.28 (12.9% above fair value)
Industry Position: 54.8% below the Steel median (#522 of 615)
No single metric tells the full story. See the STU:TCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
74GF Score
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