Tubacex (XMAD:TUB) Other Operating Expense: €405.3 Mil (TTM As of Mar. 2026)

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XMAD:TUB Tubacex SA XMAD:TUB
78 GF Score
Price €3.17
GF Value €2.88
Valuation Fairly Valued
! 5 Warning Signs
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What is Tubacex Other Operating Expense?

Tubacex XMAD:TUB +2.92% 78 Other Operating Expense is €405.3 Mil as of Mar. 2026. GuruFocus rates XMAD:TUB with a GF Score™ of 78/100 and a GF Value™ of €2.88 (Fairly Valued). The stock has 5 warning signs investors should review.

Tubacex's Other Operating Expense for the three months ended in Mar. 2026 was €105.7 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €405.3 Mil.

Tubacex's quarterly Other Operating Expense increased from Sep. 2025 (€92.6 Mil) to Dec. 2025 (€125.0 Mil) but then declined from Dec. 2025 (€125.0 Mil) to Mar. 2026 (€105.7 Mil).

Tubacex's annual Other Operating Expense declined from Dec. 2023 (€386.7 Mil) to Dec. 2024 (€386.2 Mil) but then increased from Dec. 2024 (€386.2 Mil) to Dec. 2025 (€389.0 Mil).

Tubacex Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Tubacex's Other Operating Expense 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 Other Operating Expense Chart

Tubacex Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 217.96 380.36 386.67 386.23 389.05

Tubacex Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Operating Expense 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 110.50 82.05 92.60 124.96 105.70
XMAD:TUB
78GF Score
Tubacex SA XMAD:TUB
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Tubacex Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €405.3 Mil.

* 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.

What does a Other Operating Expense of €405.3 Mil mean?
Tubacex (XMAD:TUB) has a Other Operating Expense of €405.3 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on Tubacex and its competitors.
Is Tubacex's Other Operating Expense too high?
Tubacex's current Other Operating Expense is €405.3 Mil. Overall, Tubacex has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tubacex's Other Operating Expense compare to NUE and STLD?
Tubacex's Other Operating Expense of €405.3 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 Other Operating Expense for a Steel company?
A good Other Operating Expense depends on the Steel industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Tubacex and its competitors. Tubacex's current Other Operating Expense is €405.3 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 Fairly Valued. The stock's GF Value™ is €2.88, compared to a current price of €3.17 — trading 10.1% above its estimated fair value. The current Other Operating Expense is €405.3 Mil. Tubacex's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Tubacex (XMAD:TUB), the current Other Operating Expense is €405.3 Mil 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 (XMAD:TUB) Overvalued in 2026?

Based on GuruFocus' analysis, Tubacex stock appears to be overvalued. The current stock price of €3.17 is trading 10.1% above its estimated GF Value™ of €2.88. GuruFocus considers Tubacex to be Fairly Valued.

Key valuation signals for XMAD:TUB:

  • Other Operating Expense: €405.3 Mil
  • GF Value™: €2.88 vs. price of €3.17 (10.1% above fair value)
  • GF Score™: 78/100 with 5 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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Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.17
Price
€2.88
GF Value