V

Vallourec SA
PAR:VK

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Vallourec SA
PAR:VK
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Price: 25.65 EUR 2.35% Market Closed
Market Cap: €6B

P/FCFE

25.6
Current
277%
More Expensive
vs 3-y average of 6.8

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
25.6
=
Market Cap
€5.9B
/
Free Cash Flow to Equity
€234.8m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
25.6
=
Market Cap
€5.9B
/
Free Cash Flow to Equity
€234.8m

Valuation Scenarios

Vallourec SA is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (6.8), the stock would be worth €6.8 (73% downside from current price).

Statistics
Positive Scenarios
0/3
Maximum Downside
-73%
Maximum Upside
No Upside Scenarios
Average Downside
62%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 25.6 €25.65
0%
3-Year Average 6.8 €6.8
-73%
Industry Average 7.3 €7.34
-71%
Country Average 15 €15
-42%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
FR
Vallourec SA
PAR:VK
6B EUR 25.6 16.9
US
Schlumberger NV
NYSE:SLB
85.1B USD 31.2 25.6
US
Baker Hughes Co
NASDAQ:BKR
68.6B USD 33.8 22
US
Halliburton Co
NYSE:HAL
34.8B USD 20.7 22.6
LU
Tenaris SA
MIL:TEN
27.6B EUR 18.3 16.9
UK
TechnipFMC PLC
NYSE:FTI
30.4B USD 33.7 31.5
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
140.3B CNY 74.5 50
UK
Subsea 7 SA
OSE:SUBC
98.7B NOK 14.3 25.4
IT
Saipem SpA
MIL:SPM
8.9B EUR 42.6 18.8
FR
Technip Energies NV
PAR:TE
7.1B EUR 14.4 19.4
US
Weatherford International PLC
NASDAQ:WFRD
7.9B USD 38.5 17

Market Distribution

In line with most companies in France
Percentile
69th
Based on 1 206 companies
69th percentile
25.6
Low
0.1 — 8.4
Typical Range
8.4 — 26.7
High
26.7 —
Distribution Statistics
France
Min 0.1
30th Percentile 8.4
Median 15
70th Percentile 26.7
Max 1 133.8

Vallourec SA
Glance View

In the bustling world of energy and industrial markets, Vallourec SA stands as a pivotal player driven by its specialty in seamless steel pipes, a seemingly humble product that is, in fact, a keystone of modern infrastructure. Headquartered in Boulogne-Billancourt, France, Vallourec has made its mark by mastering the art of pipe manufacturing for over a century. The heart of its operations lies in crafting high-performance tubular solutions essential for extracting and transporting oil and gas, which are the lifeblood of the global economy. Aside from the energy sector, Vallourec extends its reach into power generation, the construction industry, and even the automotive sector, showcasing its adaptability and broad market engagement. Their manufacturing prowess includes employing cutting-edge technology to produce pipes that can withstand extreme temperatures and pressures, which are crucial for the unforgiving environments found in deep-sea drilling and geothermal projects. The business model of Vallourec is robustly tied to the cyclical nature of its end markets, particularly the oil and gas industry. As global demand and exploration activities fluctuate, so too does the company's revenue stream. Their strategic geographical diversification—spanning production and sales across the Americas, Europe, the Middle East, and Asia—acts as a buffer, providing resilience against localized market downturns. Vallourec's financial narrative is heavily intertwined with their commitment to innovation and sustainability. For instance, developing new steel grades and reducing carbon footprints not only sets them apart from competitors but also aligns with the evolving focus on environmental responsibilities. In essence, Vallourec earns its keep by leveraging its engineering expertise to provide indispensable infrastructure solutions that energize industries worldwide.

VK Intrinsic Value
23.57 EUR
Overvaluation 8%
Intrinsic Value
Price €25.65
V
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