Vallourec Future Growth

Future criteria checks 5/6

Vallourec is forecast to grow earnings and revenue by 20.8% and 6.4% per annum respectively. EPS is expected to grow by 20.9% per annum. Return on equity is forecast to be 23% in 3 years.

Key information

20.8%

Earnings growth rate

20.9%

EPS growth rate

Energy Services earnings growth	10.9%
Revenue growth rate	6.4%
Future return on equity	23.0%
Analyst coverage	Good
Last updated	17 Dec 2024

Recent future growth updates

Recent updates

Optimistic Investors Push Vallourec S.A. (EPA:VK) Shares Up 26% But Growth Is Lacking

Mar 21

We Think Vallourec (EPA:VK) Might Have The DNA Of A Multi-Bagger

Mar 07

Are Investors Undervaluing Vallourec S.A. (EPA:VK) By 46%?

Feb 20

Vallourec (EPA:VK) Has A Pretty Healthy Balance Sheet

Feb 01

Revenues Not Telling The Story For Vallourec S.A. (EPA:VK)

Dec 18

Investors Shouldn't Overlook Vallourec's (EPA:VK) Impressive Returns On Capital

Dec 03

An Intrinsic Calculation For Vallourec S.A. (EPA:VK) Suggests It's 43% Undervalued

Nov 08

Vallourec (EPA:VK) Takes On Some Risk With Its Use Of Debt

Oct 09

Vallourec (EPA:VK) Could Become A Multi-Bagger

Sep 03

Are Investors Undervaluing Vallourec S.A. (EPA:VK) By 35%?

Jul 31

Investor Optimism Abounds Vallourec S.A. (EPA:VK) But Growth Is Lacking

Jul 16

Vallourec (EPA:VK) Has A Somewhat Strained Balance Sheet

Jun 28

Returns On Capital Are A Standout For Vallourec (EPA:VK)

Jun 01

Calculating The Fair Value Of Vallourec S.A. (EPA:VK)

Mar 31

Is Vallourec (EPA:VK) Using Too Much Debt?

Mar 10

Vallourec (EPA:VK) Is Experiencing Growth In Returns On Capital

Feb 17

Vallourec (EPA:VK) Might Have The Makings Of A Multi-Bagger

Nov 18

Here's Why Vallourec (EPA:VK) Has A Meaningful Debt Burden

Sep 28

Vallourec's (EPA:VK) Returns On Capital Are Heading Higher

Aug 05

Here's Why Vallourec (EPA:VK) Has A Meaningful Debt Burden

Apr 09

Calculating The Intrinsic Value Of Vallourec S.A. (EPA:VK)

Mar 22

Vallourec (EPA:VK) Is Posting Healthy Earnings, But It Is Not All Good News

Mar 03

Earnings and Revenue Growth Forecasts

ENXTPA:VK - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	4,886	591	586	867	4
12/31/2025	4,486	467	442	651	5
12/31/2024	4,172	365	377	610	6
9/30/2024	4,245	394	306	470	N/A
6/30/2024	4,493	397	348	526	N/A
3/31/2024	4,766	445	458	674	N/A
12/31/2023	5,114	496	498	711	N/A
9/30/2023	5,378	469	745	992	N/A
6/30/2023	5,518	399	447	697	N/A
3/31/2023	5,305	-175	N/A	N/A	N/A
12/31/2022	4,883	-366	-216	-25	N/A
9/30/2022	4,406	-355	-465	-299	N/A
6/30/2022	3,958	-368	-487	-346	N/A
3/31/2022	3,656	98	-451	-308	N/A
12/31/2021	3,442	40	-283	-146	N/A
9/30/2021	3,208	-619	-188	-56	N/A
6/30/2021	3,091	-681	-50	81	N/A
3/31/2021	3,091	-1,225	50	143	N/A
12/31/2020	3,242	-1,206	-111	27	N/A
9/30/2020	3,416	-747	-146	24	N/A
6/30/2020	3,760	-738	-155	31	N/A
3/31/2020	4,001	-322	-62	111	N/A
12/31/2019	4,173	-338	-40	119	N/A
9/30/2019	4,285	-330	-40	104	N/A
6/30/2019	4,186	-363	-220	-92	N/A
3/31/2019	4,084	-422	-399	-272	N/A
12/31/2018	3,921	-502	-494	-365	N/A
9/30/2018	3,875	-563	-597	-468	N/A
6/30/2018	3,878	-590	N/A	-388	N/A
3/31/2018	3,829	-581	N/A	-321	N/A
12/31/2017	3,750	-537	N/A	-272	N/A
9/30/2017	3,518	-556	N/A	-238	N/A
6/30/2017	3,247	-596	N/A	-239	N/A
3/31/2017	3,077	-600	N/A	-209	N/A
12/31/2016	2,965	-758	N/A	-219	N/A
9/30/2016	2,988	-1,001	N/A	-83	N/A
6/30/2016	3,167	-1,005	N/A	67	N/A
3/31/2016	3,422	-1,073	N/A	189	N/A
12/31/2015	3,803	-865	N/A	403	N/A
9/30/2015	4,607	-1,532	N/A	516	N/A
6/30/2015	5,077	-1,343	N/A	578	N/A
3/31/2015	5,482	-1,056	N/A	577	N/A
12/31/2014	5,701	-924	N/A	662	N/A
9/30/2014	5,645	254	N/A	675	N/A
6/30/2014	5,683	309	N/A	604	N/A
3/31/2014	5,636	283	N/A	630	N/A
12/31/2013	5,578	262	N/A	526	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VK's forecast earnings growth (20.8% per year) is above the savings rate (1.4%).

Earnings vs Market: VK's earnings (20.8% per year) are forecast to grow faster than the French market (12.4% per year).

High Growth Earnings: VK's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: VK's revenue (6.4% per year) is forecast to grow faster than the French market (5.6% per year).

High Growth Revenue: VK's revenue (6.4% 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 high in 3 years time (23%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 10:22
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Vallourec S.A. is covered by 31 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Fabrice Farigoule	AlphaValue
Alexandre Leroy	Banco BPI, S.A.
Michael Pickup	Barclays

Vallourec Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target increased by 8.9% to €20.81

Consensus revenue estimates fall by 16%

Price target decreased by 7.3% to €19.17

Vallourec S.A. Provides Production Guidance for the Third Quarter and Full Year of 2024

Consensus EPS estimates fall by 14%

Consensus EPS estimates increase by 11%

Recent updates

Price target increased by 8.9% to €20.81

Consensus revenue estimates fall by 16%

Vallourec's (EPA:VK) Conservative Accounting Might Explain Soft Earnings

Third quarter 2024 earnings released: EPS: €0.32 (vs €0.33 in 3Q 2023)

Vallourec S.A. to Report Q4, 2024 Results on Feb 27, 2025

Vallourec (EPA:VK) Has A Somewhat Strained Balance Sheet

Price target decreased by 7.3% to €19.17

Why The 21% Return On Capital At Vallourec (EPA:VK) Should Have Your Attention

Vallourec S.A. (ENXTPA:VK) agreed to acquire Thermotite Brasil Ltda. from Bredero Shaw LLC for $17.5 million.

High number of new directors

ArcelorMittal S.A. (ENXTAM:MT) completed the acquisition of 28.4% stake in Vallourec S.A. (ENXTPA:VK) from funds managed by Apollo Global Management, Inc. (NYSE:APO).

ArcelorMittal S.A. (ENXTAM:MT) completed the acquisition of 28.4% stake in Vallourec S.A. (ENXTPA:VK) from funds managed by Apollo Global Management, Inc. (NYSE:APO).

Second quarter 2024 earnings released: EPS: €0.48 (vs €0.68 in 2Q 2023)

Vallourec S.A. Provides Production Guidance for the Third Quarter and Full Year of 2024

Revenues Tell The Story For Vallourec S.A. (EPA:VK)

Vallourec Receives Necessary Approvals to Commence Its Phase 1 Mine Extension Project in Brazil

Vallourec Receives Necessary Approvals to Commence Its Phase 1 Mine Extension Project in Brazil

Investors Shouldn't Overlook Vallourec's (EPA:VK) Impressive Returns On Capital

Vallourec Appoints Andre Lacerda as Senior Vice President South America for the Tubes Segment

Consensus EPS estimates fall by 14%

Vallourec S.A. to Report Q3, 2024 Results on Nov 15, 2024

First quarter 2024 earnings released: EPS: €0.46 (vs €0.67 in 1Q 2023)

These 4 Measures Indicate That Vallourec (EPA:VK) Is Using Debt Reasonably Well

Solid Earnings Reflect Vallourec's (EPA:VK) Strength As A Business

Optimistic Investors Push Vallourec S.A. (EPA:VK) Shares Up 26% But Growth Is Lacking

We Think Vallourec (EPA:VK) Might Have The DNA Of A Multi-Bagger

New major risk - Revenue and earnings growth

Full year 2023 earnings: EPS misses analyst expectations

Vallourec S.A. to Report Q2, 2024 Results on Jul 16, 2024

Are Investors Undervaluing Vallourec S.A. (EPA:VK) By 46%?

Vallourec S.A. Announces Executive Changes

Vallourec (EPA:VK) Has A Pretty Healthy Balance Sheet

Revenues Not Telling The Story For Vallourec S.A. (EPA:VK)

Investors Shouldn't Overlook Vallourec's (EPA:VK) Impressive Returns On Capital

Consensus EPS estimates increase by 11%

New minor risk - Earnings quality

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Vallourec S.A. to Report Q1, 2024 Results on May 16, 2024

Vallourec Appoints Luciano Siani as a Member of Board of Directors, Member of the Audit Committee and of the Corporate Social Responsibility Committee

An Intrinsic Calculation For Vallourec S.A. (EPA:VK) Suggests It's 43% Undervalued

Vallourec S.A. (ENXTPA:VK) agreed to acquire an unknown stake in 837-MWp Futura I Solar Complex from Eneva S.A. (BOVESPA:ENEV3).

Vallourec (EPA:VK) Takes On Some Risk With Its Use Of Debt

Vallourec S.A. Announces Executive Changes

Vallourec (EPA:VK) Could Become A Multi-Bagger

Are Investors Undervaluing Vallourec S.A. (EPA:VK) By 35%?

New major risk - Financial position

Second quarter 2023 earnings released: EPS: €0.68 (vs €1.80 loss in 2Q 2022)

Vallourec S.A. Provides Production Guidance for the Second Half or 2023

Investor Optimism Abounds Vallourec S.A. (EPA:VK) But Growth Is Lacking

Vallourec (EPA:VK) Has A Somewhat Strained Balance Sheet

Returns On Capital Are A Standout For Vallourec (EPA:VK)

Vallourec S.A., Annual General Meeting, May 23, 2024

Vallourec S.A. to Report Q2, 2023 Results on Jul 28, 2023

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Calculating The Fair Value Of Vallourec S.A. (EPA:VK)

Is Vallourec (EPA:VK) Using Too Much Debt?

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Vallourec (EPA:VK) Is Experiencing Growth In Returns On Capital

Vallourec S.A. to Report Q4, 2022 Results on Mar 02, 2023

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Vallourec (EPA:VK) Might Have The Makings Of A Multi-Bagger

High number of new and inexperienced directors

Price target increased to €17.80

Here's Why Vallourec (EPA:VK) Has A Meaningful Debt Burden

Vallourec's (EPA:VK) Returns On Capital Are Heading Higher

High number of new and inexperienced directors

Vallourec S.A. Provides Production Guidance for the Full Year 2022

Vallourec Appoints Pierre d'Archemont as Senior Vice President South America, Effective 14 July 2022

Vallourec S.A. Announces Executive Changes