Vallourec Future Growth
Future criteria checks 4/6
Vallourec is forecast to grow earnings and revenue by 14.7% and 6.3% per annum respectively. EPS is expected to grow by 12.6% per annum. Return on equity is forecast to be 21% in 3 years.
Key information
14.7%
Earnings growth rate
12.61%
EPS growth rate
| Energy Services earnings growth | 7.8% |
| Revenue growth rate | 6.3% |
| Future return on equity | 20.95% |
| Analyst coverage | Good |
| Last updated | 20 May 2026 |
Recent future growth updates
Recent updates
Narrative Update • Apr 28
VK: Updated Assumptions And Energy Contracts Will Support A Balanced Outlook
Analysts have raised the price target on Vallourec from €22.18 to €24.59, supported by recent Street research, including an increase in the published target from €19.50 to €20 and updated assumptions around discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts see the higher target of €24.59 versus the previously published €20 anchor as consistent with updated inputs on discount rate, revenue growth, profit margin, and future P/E, which together support a higher implied valuation range.Narrative Update • Apr 11
VK: Incremental Discount Rate Shift And Energy Contracts Will Support Balanced Outlook
Analysts have slightly raised their price expectations for Vallourec, with the average target moving from about €21.82 to €22.18. This change is supported in part by recent Street research that nudged one published target from €19.50 to €20, along with modest adjustments to discount rate, growth and P/E assumptions.Narrative Update • Mar 27
VK: Modest Price Hike And Energy Transition Contracts Will Support Balanced Outlook
Analysts have lifted their price target on Vallourec to €20.00 from €19.50, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E that support a slightly higher valuation framework. Analyst Commentary Recent research points to only a modest uplift in fair value, with the price target moving to €20.00 from €19.50 and the rating held at Equal Weight.
New Narrative • Mar 17
Heavy Shareholder Payouts And Geothermal Uncertainty Will Restrain Future Earnings Power
Catalysts About Vallourec Vallourec produces premium tubular solutions for energy and industrial applications, including OCTG, line pipe, mining and advanced geothermal products. What are the underlying business or industry changes driving this perspective?
New Narrative • Mar 02
Geothermal And Premium Tubular Demand Will Support A Stronger Long Term Outlook
Catalysts About Vallourec Vallourec supplies premium tubular solutions and related services for energy and industrial applications worldwide. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 23
VK: Energy Transition Partnerships And New CFO Appointment Will Support Balanced Outlook
Analysts have lifted their price target on Vallourec to €20.17 per share. The update mainly reflects adjusted inputs for discount rate, revenue growth, profit margin and future P/E, while keeping the overall fair value estimate steady at €20.17.Narrative Update • Feb 07
VK: Energy Projects And New Capacity Investments Will Support Balanced Outlook
Analysts have nudged their price target on Vallourec slightly higher to €20.17 from €19.97, reflecting small adjustments to fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Vallourec and XGS Energy agreed a supply chain partnership for tubular products for a three gigawatt pipeline of geothermal projects across the western United States, including a 150 MW project with Meta in New Mexico that is planned to supply power to PNM's grid.Analysis Article • Feb 06
An Intrinsic Calculation For Vallourec S.A. (EPA:VK) Suggests It's 43% Undervalued
Key Insights The projected fair value for Vallourec is €32.50 based on 2 Stage Free Cash Flow to Equity Vallourec's...Narrative Update • Jan 23
VK: Offshore Contracts And Energy Projects Will Support Balanced Future Outlook
Narrative Update on Vallourec Analysts have trimmed their fair value estimate for Vallourec slightly to €19.97 from about €20.22, reflecting updated assumptions for revenue growth, profit margin and future P/E, while keeping the discount rate broadly unchanged. What's in the News Secured a large OCTG supply and services contract with Shell for the Orca offshore project, covering 10 planned wells and an estimated 12,000 to 15,000 tons of pipes plus onshore and offshore support services (Client announcement).Narrative Update • Jan 08
VK: Offshore And Energy Contracts Will Drive Future Earnings Upside
Analysts have trimmed their price target on Vallourec by a modest amount to €20.22 from €20.30. This reflects updated assumptions for slightly different revenue growth, profit margin, discount rate and future P/E inputs in their models.Analysis Article • Dec 30
Does Vallourec (EPA:VK) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Narrative Update • Dec 15
VK: Offshore Contracts Will Drive Future Earnings Upside
Analysts have slightly raised their price target on Vallourec to €20.30 from €20.00, citing modestly higher long term earnings multiples that offset a marginally softer outlook for revenue growth and profit margins. What's in the News Commits at least €39 million, potentially up to €48 million, to expand its Youngstown, Ohio facility with a new VAM high torque threading line, adding 40 full time jobs and boosting North American energy supply chain capacity (company announcement) Awarded a second major contract by TotalEnergies to supply more than 30,000 tons of premium tubular solutions, including anti corrosion coated line pipe, for the AGUP2 phase of the Gas Growth Integrated Project in Iraq (company announcement) Secures an integrated contract with TechnipFMC and Shell Brasil to supply over 20,000 tons of subsea seamless premium carbon steel line pipes and coating services for the Orca deepwater project in the Santos Basin, Brazil (company announcement) Announces 2025 production guidance of around 6.2 million tonnes, indicating continued high utilization across key energy and industrial end markets (company guidance) Names Nathalie Delbreuve as Group Chief Financial Officer effective December 1, 2025, succeeding Sascha Bibert after a transition period (executive announcement) Valuation Changes Fair Value: unchanged at €20.30 per share, indicating a stable overall valuation despite underlying estimate shifts.Analysis Article • Dec 02
There Is A Reason Vallourec S.A.'s (EPA:VK) Price Is Undemanding
Vallourec S.A.'s ( EPA:VK ) price-to-earnings (or "P/E") ratio of 9x might make it look like a buy right now compared...Narrative Update • Nov 28
VK: Offshore Contracts And US Expansion Will Drive Earnings Momentum
Analysts have raised Vallourec's fair value estimate slightly to €20.30 from €20.11, citing improved revenue growth expectations. This increase offsets minor adjustments to profitability and discount rates.Narrative Update • Nov 14
VK: Major Offshore Contract Awards Will Drive Strong Performance Ahead
Analysts have slightly lowered their price target for Vallourec from €20.33 to €20.11. They cite marginal adjustments to discount rates, revenue growth projections, and improved profit margins in their updated models.Narrative Update • Oct 30
VK: Major Petrobras Contract Will Drive Multi-Year Offshore Upside
Analysts have modestly increased their price target for Vallourec to €20.33, citing minor adjustments in discount rate assumptions. Core growth and margin forecasts remain steady.Analysis Article • Oct 28
Vallourec (EPA:VK) Is Looking To Continue Growing Its Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Narrative Update • Oct 16
Brazil Cost Reductions And US Tariffs Will Secure Future Upside
Analysts have slightly reduced their price target for Vallourec from €21.04 to €20.33, citing a modestly improved revenue growth outlook but a small decrease in anticipated profit margins. Analyst Commentary Bullish Takeaways Bullish analysts have raised their price targets for Vallourec, reflecting modest confidence in the company’s near-term trajectory.Analysis Article • Sep 09
Here's Why Vallourec (EPA:VK) Has A Meaningful Debt Burden
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Aug 25
Investors Aren't Entirely Convinced By Vallourec S.A.'s (EPA:VK) Earnings
With a price-to-earnings (or "P/E") ratio of 10.5x Vallourec S.A. ( EPA:VK ) may be sending bullish signals at the...Analysis Article • Aug 04
Weak Statutory Earnings May Not Tell The Whole Story For Vallourec (EPA:VK)
A lackluster earnings announcement from Vallourec S.A. ( EPA:VK ) last week didn't sink the stock price. We think that...Analysis Article • Jul 25
An Intrinsic Calculation For Vallourec S.A. (EPA:VK) Suggests It's 43% Undervalued
Key Insights The projected fair value for Vallourec is €29.01 based on 2 Stage Free Cash Flow to Equity Vallourec's...
New Narrative • Dec 18
The Company'S Thermotite Do Brasil Acquisition And Zero Net Debt Goal Will Boost Earnings And Margins
Strategic acquisitions and operational optimizations in Brazil enhance Vallourec’s offshore market position, potentially boosting future revenue and profitability.Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 4,462 | 595 | 558 | 748 | 8 |
| 12/31/2027 | 4,298 | 555 | 468 | 663 | 10 |
| 12/31/2026 | 3,877 | 418 | 348 | 487 | 9 |
| 3/31/2026 | 3,651 | 343 | 392 | 567 | N/A |
| 12/31/2025 | 3,809 | 355 | 384 | 560 | N/A |
| 9/30/2025 | 3,831 | 422 | N/A | N/A | N/A |
| 6/30/2025 | 3,814 | 362 | 375 | 539 | N/A |
| 3/31/2025 | 4,035 | 433 | 331 | 492 | N/A |
| 12/31/2024 | 4,034 | 452 | 321 | 488 | N/A |
| 9/30/2024 | 4,245 | 394 | 306 | 470 | N/A |
| 6/30/2024 | 4,493 | 397 | 334 | 512 | N/A |
| 3/31/2024 | 4,766 | 445 | 458 | 674 | N/A |
| 12/31/2023 | 5,114 | 496 | 482 | 695 | 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 | N/A | 119 | N/A |
| 9/30/2019 | 4,285 | -330 | N/A | 104 | N/A |
| 6/30/2019 | 4,186 | -363 | N/A | -92 | N/A |
| 3/31/2019 | 4,084 | -422 | N/A | -272 | N/A |
| 12/31/2018 | 3,921 | -502 | N/A | -365 | N/A |
| 9/30/2018 | 3,875 | -563 | N/A | -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 |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VK's forecast earnings growth (14.7% per year) is above the savings rate (2.5%).
Earnings vs Market: VK's earnings (14.7% per year) are forecast to grow faster than the French market (12.4% per year).
High Growth Earnings: VK's earnings are forecast to grow, but not significantly.
Revenue vs Market: VK's revenue (6.3% per year) is forecast to grow faster than the French market (5.6% per year).
High Growth Revenue: VK's revenue (6.3% 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 (21%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/20 04:51 |
| End of Day Share Price | 2026/05/20 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Vallourec S.A. is covered by 22 analysts. 10 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 |
|---|---|
| Michael Pickup | Barclays |
| Alessandro Abate | Berenberg |
| Guillaume Delaby | Bernstein |