Company Valuation: Vallourec

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,015 2,807 3,222 3,788 3,677 5,500 - -
Change - 39.32% 14.8% 17.56% -2.92% 49.58% - -
Enterprise Value (EV) 1 2,973 3,937 3,792 3,767 3,638 5,391 5,293 5,169
Change - 32.43% -3.68% -0.67% -3.41% 48.18% -1.82% -2.34%
P/E Ratio 29.3x -7.67x 6.78x 8.88x 11x 14.4x 11x 10.2x
PBR 0.6x 1.71x 1.49x 1.51x 1.59x 2.47x 2.12x 2.01x
PEG - 0x -0x -0.8x -0.5x 0.8x 0.4x 1.38x
Capitalization / Revenue 0.59x 0.57x 0.63x 0.94x 0.97x 1.42x 1.28x 1.25x
EV / Revenue 0.86x 0.81x 0.74x 0.93x 0.96x 1.39x 1.23x 1.17x
EV / EBITDA 6.04x 5.51x 3.17x 4.53x 4.44x 6.46x 5.24x 4.95x
EV / EBIT 7.95x 8.07x 3.82x 6.23x 5.84x 8.51x 6.59x 6.16x
EV / FCF -10.5x - 7.61x 11.7x 9.47x 15.5x 11.3x 9.27x
FCF Yield -9.55% - 13.1% 8.52% 10.6% 6.45% 8.84% 10.8%
Dividend per Share 2 - - - 1.5 1.75 1.451 1.605 1.73
Rate of return - - - 9.14% 11.2% 6.06% 6.7% 7.22%
EPS 2 0.3 -1.6 2.07 1.85 1.42 1.663 2.184 2.346
Distribution rate - - - 81.1% 123% 87.3% 73.5% 73.8%
Net sales 1 3,442 4,883 5,114 4,034 3,809 3,877 4,298 4,417
EBITDA 1 492 715 1,196 832 819 834.5 1,010 1,044
EBIT 1 374 488 993 605 623 633.9 803.2 839.2
Net income 1 40 -366 496 452 355 418.4 555.1 596.9
Net Debt 1 958 1,130 570 -21 -39 -109.2 -207.2 -331.2
Reference price 2 8.80 12.27 14.02 16.42 15.69 23.96 23.96 23.96
Nbr of stocks (in thousands) 228,927 228,741 229,728 230,677 234,359 229,554 - -
Announcement Date 2/24/22 3/2/23 3/1/24 2/27/25 2/27/26 - - -
1EUR in Million2EUR
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.4x2.49x11.22x2.1% 83.72B
23.53x2.28x12.88x1.48% 62.98B
16.99x1.7x9.27x1.72% 33.22B
24.07x2.56x12.74x0.28% 28.15B
20.83x0.56x4.49x3.43% 10.46B
26.73x0.91x8.57x1.72% 7.58B
17.19x1.58x7.45x1.08% 7.27B
32.85x6.2x11.23x2.99% 6.67B
8x1.48x5.57x3.26% 6.63B
Average 21.29x 2.20x 9.27x 2.01% 27.41B
Weighted average by Cap. 21.62x 2.25x 10.92x 1.75%

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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