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 4,349 - -
Change - 39.32% 14.8% 17.56% -2.92% 18.27% - -
Enterprise Value (EV) 1 2,973 3,937 3,792 3,767 3,638 4,271 4,179 4,099
Change - 32.43% -3.68% -0.67% -3.41% 17.41% -2.17% -1.92%
P/E 29.3x -7.67x 6.78x 8.88x 11x 14.5x 9.13x 8.27x
PBR 0.6x 1.71x 1.49x 1.51x 1.59x 2.14x 1.81x 1.74x
PEG - 0x -0x -0.8x -0.5x -1.84x 0.2x 0.8x
Capitalization / Revenue 0.59x 0.57x 0.63x 0.94x 0.97x 1.16x 0.99x 0.94x
EV / Revenue 0.86x 0.81x 0.74x 0.93x 0.96x 1.14x 0.95x 0.88x
EV / EBITDA 6.04x 5.51x 3.17x 4.53x 4.44x 5.44x 4.17x 3.81x
EV / EBIT 7.95x 8.07x 3.82x 6.23x 5.84x 7.59x 5.28x 4.75x
EV / FCF -10.5x - 7.61x 11.7x 9.47x 14.9x 8.39x 6.7x
FCF Yield -9.55% - 13.1% 8.52% 10.6% 6.7% 11.9% 14.9%
Dividend per Share 2 - - - 1.5 1.75 1.483 1.568 1.762
Rate of return - - - 9.14% 11.2% 7.83% 8.28% 9.3%
EPS 2 0.3 -1.6 2.07 1.85 1.42 1.308 2.075 2.29
Distribution rate - - - 81.1% 123% 113% 75.5% 76.9%
Net sales 1 3,442 4,883 5,114 4,034 3,809 3,758 4,386 4,634
EBITDA 1 492 715 1,196 832 819 785 1,001 1,076
EBIT 1 374 488 993 605 623 563 791.3 863.7
Net income 1 40 -366 496 452 355 342.5 551.5 612.8
Net Debt 1 958 1,130 570 -21 -39 -77.51 -170.1 -250.3
Reference price 2 8.80 12.27 14.02 16.42 15.69 18.94 18.94 18.94
Nbr of stocks (in thousands) 228,927 228,741 229,728 230,677 234,359 229,554 - -
Announcement Date 2/24/22 A 3/2/23 A 3/1/24 A 2/27/25 A 2/27/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.79x2.25x10.29x2.3% 75.87B
19.63x2.41x13.5x1.61% 56.83B
23.5x2.56x12.63x0.28% 28.24B
14.03x1.48x8.06x2.02% 28.03B
26.87x0.5x4.33x3.88% 9.49B
22.45x0.84x7.33x1.93% 7.15B
7.1x1.5x5.9x2.98% 6.99B
9.12x - - 4.18% 5.99B
29.36x5.74x10.33x3.41% 5.94B
Average 19.20x 2.16x 9.05x 2.51% 24.95B
Weighted average by Cap. 19.79x 2.18x 10.64x 1.99%

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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