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 5,160 - -
Change - 39.32% 14.8% 17.56% -2.92% 40.34% - -
Enterprise Value (EV) 1 2,973 3,937 3,792 3,767 3,638 5,033 4,943 4,822
Change - 32.43% -3.68% -0.67% -3.41% 38.35% -1.79% -2.46%
P/E 29.3x -7.67x 6.78x 8.88x 11x 13.4x 10.3x 9.52x
PBR 0.6x 1.71x 1.49x 1.51x 1.59x 2.32x 1.99x 1.88x
PEG - 0x -0x -0.8x -0.5x 0.7x 0.3x 1.19x
Capitalization / Revenue 0.59x 0.57x 0.63x 0.94x 0.97x 1.3x 1.19x 1.15x
EV / Revenue 0.86x 0.81x 0.74x 0.93x 0.96x 1.27x 1.14x 1.08x
EV / EBITDA 6.04x 5.51x 3.17x 4.53x 4.44x 5.9x 4.86x 4.56x
EV / EBIT 7.95x 8.07x 3.82x 6.23x 5.84x 7.84x 6.12x 5.68x
EV / FCF -10.5x - 7.61x 11.7x 9.47x 14.1x 10.5x 8.5x
FCF Yield -9.55% - 13.1% 8.52% 10.6% 7.11% 9.54% 11.8%
Dividend per Share 2 - - - 1.5 1.75 1.476 1.626 1.754
Rate of return - - - 9.14% 11.2% 6.57% 7.23% 7.8%
EPS 2 0.3 -1.6 2.07 1.85 1.42 1.674 2.188 2.362
Distribution rate - - - 81.1% 123% 88.2% 74.3% 74.2%
Net sales 1 3,442 4,883 5,114 4,034 3,809 3,961 4,349 4,482
EBITDA 1 492 715 1,196 832 819 853.2 1,017 1,057
EBIT 1 374 488 993 605 623 641.9 807.5 848.4
Net income 1 40 -366 496 452 355 421.9 557.5 603.1
Net Debt 1 958 1,130 570 -21 -39 -126.9 -216.9 -338.5
Reference price 2 8.80 12.27 14.02 16.42 15.69 22.48 22.48 22.48
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.($)
18.39x2.17x9.77x2.45% 71.9B
21.65x2.09x11.83x1.6% 57.95B
14.93x1.52x8.28x1.96% 29.18B
22.22x2.36x11.73x0.31% 25.98B
19.97x0.54x4.3x3.58% 9.99B
33.86x6.34x11.45x2.9% 6.87B
23.48x0.8x7.61x1.89% 6.7B
15.59x1.44x6.78x1.19% 6.59B
19.93x5.64x9.8x2.49% 6.48B
Average 21.11x 2.55x 9.06x 2.04% 24.63B
Weighted average by Cap. 19.90x 2.18x 9.99x 1.92%

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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