Vallourec SA

Vallourec maintains a balanced capital structure with a debt-to-equity ratio of 0.40 and a current ratio of 2.31, indicating adequate short-term liquidity coverage. The balance sheet shows total assets of €4.88 billion against total liabilities of €2.58 billion, resulting in total equity of €2.31 billion. Long-term debt stands at €923 million, while cash and equivalents total €757 million. Although the company holds significant cash, the risk assessment flags that net cash is negative after subtracting total debt, suggesting a medium liquidity risk profile. Operating cash flow is robust at €560 million, but free cash flow is constrained to €42 million due to capital expenditures of €176 million.

Profitability metrics demonstrate efficient capital utilization, with a return on equity of 15.38% and a return on assets of 7.26%. The company generated €3.81 billion in revenue, resulting in a gross profit of €1.13 billion and an operating income of €593 million. Net income reached €355 million, reflecting a net margin of approximately 9.3%. These returns indicate a profitable operation, though specific comparisons to cohort medians are unavailable due to the absence of sector median data in the input. The gross margin of approximately 29.6% suggests moderate pricing power or cost structure efficiency within its industrial segment.

Segment and geographic revenue breakdowns are not provided in the available data, preventing a detailed analysis of revenue concentration or regional exposure. The company’s activity is broadly classified under Energy Equipment & Services, implying exposure to energy infrastructure projects, but specific customer or product mix details are absent. Without segment data, the analysis relies on aggregate financial performance to infer business health, noting that the lack of diversification data limits the assessment of concentration risk.

Growth trajectory analysis is hindered by the absence of historical period data, including five-year annual or eight-quarter quarterly trends. Consequently, revenue and net income trends cannot be evaluated against past performance. The current financial snapshot provides a static view of the company’s performance, with no comparative data to determine whether the €3.81 billion revenue figure represents expansion, contraction, or stability relative to prior periods.

Risk factors include a medium liquidity risk and low dilution risk. The key flag notes that net cash is negative after subtracting total debt, which may constrain financial flexibility despite the strong current ratio. The low dilution risk suggests that share count stability is likely, with basic and diluted shares outstanding both at 229.6 million. The absence of significant dilution indicators supports the integrity of per-share metrics, although the negative net cash position warrants monitoring for potential refinancing needs or cash flow volatility.

Recent events and market sentiment are reflected in analyst estimates, with a mean price target of €27.28 and a median target of €28.00. The mean recommendation is 2.08, indicating a moderate buy consensus, supported by three strong-buy and six buy ratings against two holds. The price target range spans from €18.50 to €31.50, suggesting varying analyst views on the company’s valuation. No specific filing, news, or transcript observations are provided, limiting the context for recent corporate actions or strategic shifts.

Vallourec SA (VLLP.PA) exhibits a stable profile with no material changes recorded against prior analysis. A comprehensive review of 17 fields, excluding four schema-expansion fields, confirms that the company’s fundamental metrics remain unchanged during the reporting period. The absence of significant shifts is further corroborated by the lack of active watcher signals. No new alerts or triggers were generated, indicating a period of operational and strategic continuity for the industrial manufacturer. Cross-source monitoring data reveals minimal market activity, with only a single dispatch recorded on July 16, 2026, amidst a broader span of dates showing zero activity. This low volume of external commentary suggests a quiet phase in terms of public sentiment or news flow surrounding the stock. The company continues to be covered by eight analysts, though it currently holds no index memberships and has no reported top holders or officer counts in the available data. This static landscape underscores a steady, albeit less dynamic, period for Vallourec in the current financial cycle.

Analysts project 12.2% upside to a mean price target of 27.28 euros, reflecting a consensus buy recommendation.

Net income demonstrated strong growth with a 73% compound annual growth rate over the four-year period ending 2026.

Cash conversion of 1.58 exceeds the cohort median of 1.2, indicating efficient translation of earnings into cash.

The company faces medium liquidity risk, which could constrain financial flexibility during periods of market stress.

Capex intensity of 4.6% of revenue is below the cohort median, potentially limiting future capacity expansion.

Revenue €833.0M, −15,9% YoY; Operating income −10,1% YoY.

• ▍Revenue €833.0M, −15,9% YoY
• ▍Operating income −10,1% YoY
• ▍Net income −13,9% YoY
• ▍Free cash flow −11,6% YoY
• ▍Net margin 8.9%

Revenue €911.0M, +1,9% YoY; Operating income +54,8% YoY.

• ▍Revenue €911.0M, +1,9% YoY
• ▍Operating income +54,8% YoY
• ▍Net income +84,7% YoY
• ▍Free cash flow +53,4% YoY
• ▍Net margin 14.6%

Revenue €991.0M; Operating income €148.0M.

• ▍Revenue €991.0M
• ▍Operating income €148.0M
• ▍Net margin 8.7%

Revenue €894.0M; Operating income €124.0M.

• ▍Revenue €894.0M
• ▍Operating income €124.0M
• ▍Net margin 8.1%

Revenue €3.81B, −5,6% YoY; Operating income −5,4% YoY.

• ▍Revenue €3.81B, −5,6% YoY
• ▍Operating income −5,4% YoY
• ▍Net income −21,6% YoY
• ▍Free cash flow −92,0% YoY
• ▍Net margin 9.3%

Revenue €4.03B, −21,1% YoY; Operating income −27,1% YoY.

• ▍Revenue €4.03B, −21,1% YoY
• ▍Operating income −27,1% YoY
• ▍Net income −8,8% YoY
• ▍Free cash flow +6,3% YoY
• ▍Net margin 11.2%

Revenue €5.11B, +4,7% YoY; Operating income +805,6% YoY.

• ▍Revenue €5.11B, +4,7% YoY
• ▍Operating income +805,6% YoY
• ▍Net income +235,3% YoY
• ▍Free cash flow +250,6% YoY
• ▍Net margin 9.7%

Revenue €4.88B, +41,9% YoY; Operating income −136,6% YoY.

• ▍Revenue €4.88B, +41,9% YoY
• ▍Operating income −136,6% YoY
• ▍Net income −1 026,5% YoY
• ▍Free cash flow −500,5% YoY
• ▍Net margin -7.5%

Revenue €3.44B; Operating income €332.9M.

• ▍Revenue €3.44B
• ▍Operating income €332.9M
• ▍Net margin 1.1%