Vrla.Pa

VRLA.PA maintains a leveraged capital structure with a debt-to-equity ratio of 2.58, driven by long-term debt of €2.25 billion against total equity of €874.7 million. Liquidity is tight, evidenced by a current ratio of 1.01 and negative net cash position after accounting for total debt of €3.57 billion against cash and equivalents of €55.2 million. The company generates robust operating cash flow of €533.7 million, but free cash flow is constrained to €24.7 million due to significant capital expenditures of €272.2 million.

Profitability metrics indicate modest returns, with a return on equity of 10.36% and return on assets of 2.04%. The company trades at a price-to-earnings ratio of 25.23 and an EV/EBITDA of 19.55, suggesting the market prices in future growth or stability despite the high leverage. The price-to-book ratio stands at 2.61, reflecting the tangible asset base of the packaging business.

Revenue concentration and segment details are not provided in the available data, preventing a detailed analysis of geographic or product mix exposure. The total revenue for the latest normalized period is €3.33 billion, with a gross profit of €578.3 million, indicating a gross margin of approximately 17.4%.

Historical growth trajectory data is absent from the input, limiting the ability to assess revenue trends or earnings consistency over time. The current financial snapshot shows a net income of €90.6 million on €3.33 billion in revenue, resulting in a net margin of approximately 2.7%.

Risk assessment highlights medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, emphasizing the reliance on debt financing. The company has 124.7 million shares outstanding, with no difference between basic and diluted shares, indicating minimal immediate dilution pressure from options or convertibles.

Recent analyst observations show a mean price target of €21.83, with a median of €21.20, implying potential upside from the current market price of €18.33. The mean recommendation is 2.56, with two strong buys and seven holds, suggesting cautious optimism among analysts. No specific filing, news, or transcript observations are provided in the input data.

Revenue €798.5M, −2,4% YoY.

• ▍Revenue €798.5M, −2,4% YoY

Revenue €846.0M, −2,8% YoY.

• ▍Revenue €846.0M, −2,8% YoY

Revenue €818.0M.

• ▍Revenue €818.0M

Revenue €870.6M.

• ▍Revenue €870.6M

Revenue €3.33B, −3,6% YoY; Operating income −45,0% YoY.

• ▍Revenue €3.33B, −3,6% YoY
• ▍Operating income −45,0% YoY
• ▍Net income −61,6% YoY
• ▍Free cash flow +144,8% YoY
• ▍Net margin 2.7%

Revenue €3.46B, −11,5% YoY; Operating income −42,3% YoY.

• ▍Revenue €3.46B, −11,5% YoY
• ▍Operating income −42,3% YoY
• ▍Net income −49,9% YoY
• ▍Free cash flow −125,2% YoY
• ▍Net margin 6.8%

Revenue €3.90B, +16,5% YoY; Operating income +37,7% YoY.

• ▍Revenue €3.90B, +16,5% YoY
• ▍Operating income +37,7% YoY
• ▍Net income +37,4% YoY
• ▍Free cash flow +35,6% YoY
• ▍Net margin 12.0%

Revenue €3.35B, +25,3% YoY; Operating income +39,0% YoY.

• ▍Revenue €3.35B, +25,3% YoY
• ▍Operating income +39,0% YoY
• ▍Net income +41,0% YoY
• ▍Free cash flow +12,5% YoY
• ▍Net margin 10.2%

Revenue €2.67B; Operating income €377.6M.

• ▍Revenue €2.67B
• ▍Operating income €377.6M
• ▍Net margin 9.1%