VK Stock Analysis: Vallourec | PA
Steel | PA, France | Market Cap: 4.697m EUR | 12M Return: 22.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 16.9M
EPS Trend: -67.3%
Qual. Beats: 0
Rev. Trend: -68.1%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Vallourec S.A. is a France-based tubular solutions provider serving the oil and gas, industrial, and new energy markets across North America, South America, France, the Middle East, Indonesia, and East Asia. The company operates through two segments: Tubes and Mine & Forests, with the latter reflecting vertical integration into iron ore and charcoal production, a notable feature of its business model given its GICS classification as a Steel (Materials) company. Its core offering includes seamless tubes for refineries, petrochemical facilities, onshore and floating LNG projects, and floating production, storage, and offloading (FPSO) units, along with its proprietary VAM premium connections.
Beyond upstream oil and gas, Vallourec supplies rigid subsea and onshore line pipes, coating solutions, and a range of services covering engineering, inventory management, on-site supervision, and integrated subsea pipeline project management. The company is also extending its tubular products into new energy applications such as geothermal, carbon capture, utilization and storage (CCUS), and hydrogen, and serves industrial customers with tubes and hollow bars used in construction machinery, agricultural equipment, hydraulic cylinders, and automotive components. Vallourec was founded in 1890 and is headquartered in Meudon, France.
- North American OCTG demand rises on shale drilling recovery
- Iron ore prices swing Brazil Mine and Forests segment margins
- New energy orders expand from hydrogen and CCS projects
| Net Income: 476.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -0.53 > 1.0 |
| NWC/Revenue: 39.33% < 20% (prev 35.42%; Δ 3.90% < -1%) |
| CFO/TA 0.14 > 3% & CFO 809.0m > Net Income 476.4m |
| Net Debt (9.00m) to EBITDA (961.6m): 0.01 < 3 |
| Current Ratio: 2.43 > 1.5 & < 3 |
| Outstanding Shares: last quarter (251.0m) vs 12m ago 0.80% < -2% |
| Gross Margin: 27.82% > 18% (prev 27.36%; Δ 0.46% > 0.5%) |
| Asset Turnover: 83.25% > 50% (prev 94.52%; Δ -11.27% > 0%) |
| Interest Coverage Ratio: 9.38 > 6 (EBIT TTM 717.4m / Interest Expense TTM 76.5m) |
| A: 0.32 (Total Current Assets 3.05b - Total Current Liabilities 1.25b) / Total Assets 5.64b |
| B: 0.06 (Retained Earnings 354.6m / Total Assets 5.64b) |
| C: 0.13 (EBIT TTM 717.4m / Avg Total Assets 5.48b) |
| D: 0.88 (Book Value of Equity 2.41b / Total Liabilities 2.74b) |
| Altman-Z'' = 4.09 = AA |
| DSRI: 1.14 (Receivables 568.0m/549.0m, Revenue 4.56b/5.02b) |
| GMI: 0.98 (GM 27.36% / 27.82%) |
| AQI: 1.06 (AQ_t 0.09 / AQ_t-1 0.08) |
| SGI: 0.91 (Revenue 4.56b / 5.02b) |
| TATA: -0.06 (NI 476.4m - CFO 809.0m) / TA 5.64b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of July 10, 2026, the stock is trading at EUR 20.68 with a total of 513,803 shares traded. Over the past week, the price has changed by +2.12%, over one month by -13.55%, over three months by -10.67% and over the past year by +22.51%.
Current recommended Stop Loss: 19.40 (which is 6.2% or 1.9 ATR below the current price).
Vallourec has no consensus analysts rating.
P/E Trailing = 15.0
P/E Forward = 11.7509
P/S = 1.103
P/B = 1.7093
P/EG = 7.2411
Revenue TTM = 4.56b EUR
EBIT TTM = 717.4m EUR
EBITDA TTM = 961.6m EUR
Long Term Debt = 950.0m EUR (from longTermDebt, last quarter)
Short Term Debt = 66.0m EUR (from shortTermDebt, last quarter)
Debt = 1.13b EUR (from shortLongTermDebtTotal, last quarter) + Leases 67.0m
Net Debt = 9.00m EUR (calculated: Debt 1.13b - CCE 1.12b)
Enterprise Value = 4.71b EUR (4.70b + Debt 1.13b - CCE 1.12b)
Interest Coverage Ratio = 9.38 (Ebit TTM 717.4m / Interest Expense TTM 76.5m)
EV/FCF = 10.91x (Enterprise Value 4.71b / FCF TTM 431.5m)
FCF Yield = 9.17% (FCF TTM 431.5m / Enterprise Value 4.71b)
FCF Margin = 9.46% (FCF TTM 431.5m / Revenue TTM 4.56b)
Net Margin = 10.44% (Net Income TTM 476.4m / Revenue TTM 4.56b)
Gross Margin = 27.82% ((Revenue TTM 4.56b - Cost of Revenue TTM 3.29b) / Revenue TTM)
Gross Margin QoQ = 31.57% (prev 23.18%)
Tobins Q-Ratio = 0.83 (Enterprise Value 4.71b / Total Assets 5.64b)
Interest Expense / Debt = 6.78% (Interest Expense 76.5m / Debt 1.13b)
Taxrate = 27.01% (187.0m / 692.1m)
NOPAT = 523.6m (EBIT 717.4m * (1 - 27.01%))
Current Ratio = 2.43 (Total Current Assets 3.05b / Total Current Liabilities 1.25b)
Debt / Equity = 0.47 (Debt 1.13b / totalStockholderEquity, last quarter 2.41b)
Debt / EBITDA = 0.01 (Net Debt 9.00m / EBITDA 961.6m)
Debt / FCF = 0.02 (Net Debt 9.00m / FCF TTM 431.5m)
Total Stockholder Equity = 2.26b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.69% (Net Income 476.4m / Total Assets 5.64b)
RoE = 21.05% (Net Income TTM 476.4m / Total Stockholder Equity 2.26b)
RoCE = 22.33% (EBIT 717.4m / Capital Employed (Equity 2.26b + L.T.Debt 950.0m))
RoIC = 12.39% (NOPAT 523.6m / Invested Capital 4.23b)
WACC = 7.32% (E(4.70b)/V(5.83b) * Re(7.89%) + D(1.13b)/V(5.83b) * Rd(6.78%) * (1-Tc(0.27)))
Discount Rate = 7.89% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 88.66 | Cagr: 2.01%
[DCF] Terminal Value 75.33% ; FCFF base≈432.8m ; Y1≈431.8m ; Y5≈451.4m
[DCF] Fair Price = 30.27 (EV 7.03b - Net Debt 9.00m = Equity 7.02b / Shares 232.0m; r=8.35% [WACC [floored]]; 5y FCF grow -0.78% → 2.50% )
EPS Correlation: -67.28 | EPS CAGR: -8.27% | SUE: 0.16 | # QB: 0
Revenue Correlation: -68.14 | Revenue CAGR: -13.01% | SUE: -0.20 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.25 | Chg30d=-7.41% | Revisions=-25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.31 | Chg30d=-18.42% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=1.55 | Chg30d=-2.00% | Revisions=-57% | GrowthEPS=+3.0% | GrowthRev=+2.3%
EPS next Year (2027-12-31): EPS=2.08 | Chg30d=-2.92% | Revisions=-29% | GrowthEPS=+34.5% | GrowthRev=+9.6%
[Analyst] Revisions Ratio: -58% (up=1, down=8)