| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
VK Stock Overview
Vallourec S.A., through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, and internationally.
Vallourec Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €12.78 |
| 52 Week High | €31.66 |
| 52 Week Low | €6.01 |
| Beta | 3.5 |
| 1 Month Change | 6.73% |
| 3 Month Change | 51.01% |
| 1 Year Change | -58.44% |
| 3 Year Change | -87.01% |
| 5 Year Change | -94.74% |
| Change since IPO | -90.87% |
Recent News & Updates
Shareholder Returns
| VK | FR Energy Services | FR Market | |
|---|---|---|---|
| 7D | 11.2% | 10.0% | 5.1% |
| 1Y | -58.4% | 9.0% | -2.6% |
Return vs Industry: VK underperformed the French Energy Services industry which returned 8.5% over the past year.
Return vs Market: VK underperformed the French Market which returned -4.1% over the past year.
Price Volatility
| VK volatility | |
|---|---|
| VK Average Weekly Movement | 10.5% |
| Energy Services Industry Average Movement | 8.3% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in FR Market | 10.6% |
| 10% least volatile stocks in FR Market | 3.6% |
Stable Share Price: VK is more volatile than 75% of French stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: VK's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of French stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1899 | 15,875 | Philippe Guillemot | https://www.vallourec.com |
Vallourec S.A., through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, and internationally. It operates through Seamless Tubes and Specialty Products segments. The company offers seamless tubes for refineries, petrochemical facilities, and floating liquefied natural gas plants, as well as production, storage, and offloading units; casings; tubings; VAM connections; rigid subsea line pipes, onshore rigid line pipes, and specialized tubes for transportation of oil and gas; and carbon steel and steel alloy tubes, hollow bars, and connections for the processing of industrial fluids, and oil and gas.
Vallourec Fundamentals Summary
| VK fundamental statistics | |
|---|---|
| Market Cap | €2.92b |
| Earnings (TTM) | €39.55m |
| Revenue (TTM) | €3.44b |
73.9x
P/E Ratio0.8x
P/S RatioIs VK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VK income statement (TTM) | |
|---|---|
| Revenue | €3.44b |
| Cost of Revenue | €2.61b |
| Gross Profit | €836.58m |
| Other Expenses | €797.04m |
| Earnings | €39.55m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
May 18, 2022
| Earnings per share (EPS) | 0.17 |
| Gross Margin | 24.31% |
| Net Profit Margin | 1.15% |
| Debt/Equity Ratio | 87.2% |
How did VK perform over the long term?
See historical performance and comparisonValuation
Is Vallourec undervalued compared to its fair value and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
73.9x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: VK (€12.78) is trading above our estimate of fair value (€10.56)
Significantly Below Fair Value: VK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VK is poor value based on its PE Ratio (73.9x) compared to the European Energy Services industry average (12.6x).
PE vs Market: VK is poor value based on its PE Ratio (73.9x) compared to the French market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: VK is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: VK is overvalued based on its PB Ratio (1.7x) compared to the XE Energy Services industry average (1x).
Future Growth
How is Vallourec forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score
4/6Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
32.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VK's forecast earnings growth (32.1% per year) is above the savings rate (0.3%).
Earnings vs Market: VK's earnings (32.1% per year) are forecast to grow faster than the French market (11.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VK's revenue (6.7% per year) is forecast to grow faster than the French market (5.7% per year).
High Growth Revenue: VK's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VK's Return on Equity is forecast to be low in 3 years time (11.1%).
Past Performance
How has Vallourec performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-1.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VK has a large one-off gain of €70.0M impacting its December 31 2021 financial results.
Growing Profit Margin: VK became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: VK has become profitable over the past 5 years, growing earnings by -1.6% per year.
Accelerating Growth: VK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (-29.4%).
Return on Equity
High ROE: VK's Return on Equity (1.7%) is considered low.
Financial Health
How is Vallourec's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: VK's short term assets (€2.5B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: VK's short term assets (€2.5B) exceed its long term liabilities (€1.6B).
Debt to Equity History and Analysis
Debt Level: VK's net debt to equity ratio (52.5%) is considered high.
Reducing Debt: VK's debt to equity ratio has increased from 66.9% to 87.2% over the past 5 years.
Debt Coverage: VK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VK's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
Dividend
What is Vallourec current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.24%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VK's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: VK is not paying a notable dividend for the French market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as VK has not reported any payouts.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average management tenure
CEO
Philippe Guillemot (62 yo)
0.17
Tenure
Mr. Philippe Guillemot serves as Chairman and the Chief Executive Officer at Vallourec S.A. since March 20, 2022. He had been the Chief Executive Officer of Elior Group S.A. since December 5, 2017 until Ma...
Leadership Team
Experienced Management: VK's management team is considered experienced (2.1 years average tenure).
Board Members
Experienced Board: VK's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 1898%.
Top Shareholders
Company Information
Vallourec S.A.'s employee growth, exchange listings and data sources
Key Information
- Name: Vallourec S.A.
- Ticker: VK
- Exchange: ENXTPA
- Founded: 1899
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: €2.922b
- Shares outstanding: 228.74m
- Website: https://www.vallourec.com
Number of Employees
Location
- Vallourec S.A.
- 12, rue de la Verrerie
- Boulogne-Billancourt
- Ile-de-France
- 92190
- France
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/17 00:00 |
| End of Day Share Price | 2022/05/17 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.