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 4,759 - -
Change - 39.32% 14.8% 17.56% -2.92% 29.41% - -
Enterprise Value (EV) 1 2,973 3,937 3,792 3,767 3,638 4,625 4,586 4,474
Change - 32.43% -3.68% -0.67% -3.41% 27.12% -0.83% -2.44%
P/E 29.3x -7.67x 6.78x 8.88x 11x 12.9x 9.67x 8.8x
PBR 0.6x 1.71x 1.49x 1.51x 1.59x 2.05x 1.91x 1.81x
PEG - 0x -0x -0.8x -0.5x 1x 0.3x 0.89x
Capitalization / Revenue 0.59x 0.57x 0.63x 0.94x 0.97x 1.22x 1.1x 1.05x
EV / Revenue 0.86x 0.81x 0.74x 0.93x 0.96x 1.19x 1.06x 0.99x
EV / EBITDA 6.04x 5.51x 3.17x 4.53x 4.44x 5.61x 4.59x 4.19x
EV / EBIT 7.95x 8.07x 3.82x 6.23x 5.84x 7.44x 5.79x 5.21x
EV / FCF -10.5x - 7.61x 11.7x 9.47x 15.7x 9.31x 7.68x
FCF Yield -9.55% - 13.1% 8.52% 10.6% 6.38% 10.7% 13%
Dividend per Share 2 - - - 1.5 1.75 1.441 1.628 1.836
Rate of return - - - 9.14% 11.2% 6.95% 7.85% 8.86%
EPS 2 0.3 -1.6 2.07 1.85 1.42 1.611 2.145 2.356
Distribution rate - - - 81.1% 123% 89.5% 75.9% 77.9%
Net sales 1 3,442 4,883 5,114 4,034 3,809 3,889 4,329 4,535
EBITDA 1 492 715 1,196 832 819 824.4 1,000 1,067
EBIT 1 374 488 993 605 623 621.5 792.6 858.7
Net income 1 40 -366 496 452 355 410.3 555.2 612
Net Debt 1 958 1,130 570 -21 -39 -134 -172.5 -284.2
Reference price 2 8.80 12.27 14.02 16.42 15.69 20.73 20.73 20.73
Nbr of stocks (in thousands) 228,927 228,741 229,728 230,677 234,359 229,554 - -
Announcement Date 24/02/22 02/03/23 01/03/24 27/02/25 27/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.87x1.19x5.61x6.95% 5.45B
18.84x2.13x9.73x2.5% 70.25B
20.55x2x11.13x1.67% 55.51B
14.98x1.53x8.3x1.95% 29.42B
24.54x2.62x13.01x0.28% 28.73B
18.7x0.5x4x3.96% 9.33B
24.5x0.83x7.91x1.93% 7.01B
32.28x6.18x11.1x3.07% 6.48B
20.02x5.66x9.83x2.47% 6.51B
7.51x1.32x5.3x3.48% 6.11B
Average 19.48x 2.39x 8.59x 2.83% 22.48B
Weighted average by Cap. 19.62x 2.15x 9.83x 2.13%

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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