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 4,101 - -
Change - 39.32% 14.8% 17.56% -2.92% 11.53% - -
Enterprise Value (EV) 1 2,973 3,937 3,792 3,767 3,638 4,035 3,943 3,857
Change - 32.43% -3.68% -0.67% -3.41% 10.9% -2.27% -2.18%
P/E 29.3x -7.67x 6.78x 8.88x 11x 13.4x 8.5x 7.75x
PBR 0.6x 1.71x 1.49x 1.51x 1.59x 2.02x 1.71x 1.64x
PEG - 0x -0x -0.8x -0.5x -2.13x 0.1x 0.79x
Capitalization / Revenue 0.59x 0.57x 0.63x 0.94x 0.97x 1.07x 0.92x 0.88x
EV / Revenue 0.86x 0.81x 0.74x 0.93x 0.96x 1.06x 0.89x 0.83x
EV / EBITDA 6.04x 5.51x 3.17x 4.53x 4.44x 5.2x 3.88x 3.58x
EV / EBIT 7.95x 8.07x 3.82x 6.23x 5.84x 7.08x 4.88x 4.46x
EV / FCF -10.5x - 7.61x 11.7x 9.47x 13.3x 7.82x 6.66x
FCF Yield -9.55% - 13.1% 8.52% 10.6% 7.54% 12.8% 15%
Dividend per Share 2 - - - 1.5 1.75 1.633 1.608 1.729
Rate of return - - - 9.14% 11.2% 9.14% 9% 9.68%
EPS 2 0.3 -1.6 2.07 1.85 1.42 1.331 2.101 2.306
Distribution rate - - - 81.1% 123% 123% 76.5% 74.9%
Net sales 1 3,442 4,883 5,114 4,034 3,809 3,818 4,438 4,638
EBITDA 1 492 715 1,196 832 819 776.6 1,017 1,077
EBIT 1 374 488 993 605 623 569.6 807.9 865.6
Net income 1 40 -366 496 452 355 345.6 561.5 612.2
Net Debt 1 958 1,130 570 -21 -39 -66.25 -157.7 -243.5
Reference price 2 8.80 12.27 14.02 16.42 15.69 17.86 17.86 17.86
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.($)
19.93x2.16x9.87x2.41% 72.22B
19.06x2.32x13.07x1.67% 55.21B
14.63x1.99x8.7x5.09% 27.8B
22.46x2.44x12.05x0.29% 27B
13.26x1.41x7.71x2.14% 26.56B
32x5.35x20.88x0.89% 16.75B
13.31x1.22x5.22x3.7% 9.92B
26.66x0.5x4.36x3.85% 9.38B
21.19x0.79x6.92x2.04% 6.74B
Average 20.28x 2.02x 9.87x 2.45% 27.95B
Weighted average by Cap. 19.55x 2.20x 10.71x 2.28%

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