Financière de Tubize SA/€TUB
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Financière de Tubize SA
Financière de Tubize SA is a Belgian holding company established in 1928, serving as the reference shareholder of UCB, a global biopharmaceutical company. Its sole investment is a significant stake in UCB, focusing on long-term value creation through active participation in UCB's strategic decisions. Headquartered in Brussels, Belgium, the company embodies strong family and entrepreneurial values, uniting descendants of UCB's founder, Emmanuel Janssen, and like-minded investors. This strategic positioning provides UCB with the stability necessary for sustained growth and investment in new products for patients with serious illnesses.
- Ticker
- €TUB
- Sector
- Health
- Primary listing
- BSE
- Employees
- 3
- Headquarters
- Brussels, Belgium
- Website
- www.financiere-tubize.be
TUB Metrics
BasicAdvanced
€9.7B
98.92
€2.21
0.39
€0.76
0.35%
Price and volume
Market cap
€9.7B
Beta
0.39
52-week high
€250.00
52-week low
€177.70
Average daily volume
23K
Dividend rate
€0.76
Financial strength
Current ratio
141.923
Quick ratio
141.923
Dividend payout ratio (TTM)
48.87%
Interest coverage (TTM)
-3.03%
Profitability
EBITDA (TTM)
-3.031
Management effectiveness
Return on assets (TTM)
-0.10%
Return on equity (TTM)
5.02%
Valuation
Price to earnings (TTM)
98.919
Price to book
4.9
Price to tangible book (TTM)
4.9
Price to free cash flow (TTM)
-3,206.51
Free cash flow yield (TTM)
-0.03%
Free cash flow per share (TTM)
-0.068
Dividend yield (TTM)
0.35%
Forward dividend yield
0.35%
Growth
Earnings per share change (TTM)
6.12%
10-year earnings per share growth (CAGR)
-8.11%
3-year dividend per share growth (CAGR)
7.89%
10-year dividend per share growth (CAGR)
8.01%
Bulls say / Bears say
UCB’s 22 October guidance upgrade points to strong near-term momentum: it now expects 2026 revenue growth in the low twenties and adjusted EBITDA growth in the low-to-mid forties at constant exchange rates, driven by Bimzelx and Cimzia. (UCB)
UCB’s growth is not resting on one launch alone: first-half revenue rose 22% and adjusted EBITDA 68%, while Bimzelx sales nearly doubled and the company raised its peak-sales ambition to at least €7 billion. Other growth medicines and pipeline additions could extend that momentum. (UCB)
Tubize’s first-half profit rose 5.4%, supported by a 4.3% increase in the UCB dividend it received; its own shareholder dividend also rose 3.8%. It modestly increased its UCB holding, giving investors growing cash distributions and exposure to further gains in its core asset. (Financière de Tubize SA)
Tubize is a single-asset holding, so its earnings and cash flows depend heavily on UCB’s performance and dividend policy. Its half-year report recorded €102.3 million of UCB dividends received against €100.8 million of profit, underscoring that dependence. (Financière de Tubize SA)
Tubize’s valuation leaves little room for disappointment: a recent analysis put its price-to-earnings ratio at about 83.7 times, well above the pharmaceutical sector’s roughly 21.2 times. A pullback in UCB or a weaker outlook could therefore expose the shares to a sharp valuation reset. (Yahoo Finance)
UCB faces ongoing generic pressure on older medicines: Briviact lost US exclusivity in February 2026, while VIMPAT sales in Japan have been affected by generics. That erosion could offset part of the growth from newer products held indirectly by Tubize. (UCB)
Data summarised monthly by Lightyear AI. Last updated on 22 Oct 2026.
TUB Financial Performance
Revenues and expenses
Upcoming events
No upcoming events
Funds containing TUB
AllEURUSDGBP
Fund name | Fund size | €TUB weighting |
|---|---|---|
iShares STOXX Europe 600 Health Care€EXV4 | €709M | 0.27% |
iShares MSCI Europe Health Care Sector£ESIH | €890M | 0.26% |
iShares MSCI Europe Health Care Sector€ESIH | €890M | 0.26% |
Invesco MSCI World Equal Weight£MWEP | $2B | 0.09% |
Invesco MSCI World Equal Weight$MWEQ | $2B | 0.09% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.