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Vallourec SA (FR:VK)
:VK
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Vallourec (VK) AI Stock Analysis

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FR:VK

Vallourec

(VK)

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Outperform 70 (OpenAI - 5.2)
Rating:70Outperform
Price Target:
€23.00
▼(-1.08% Downside)
Action:Reiterated
Date:05/23/26
The score is driven primarily by improved financial performance (profitability and deleveraging) and a supportive valuation via a high dividend yield. This is moderated by cyclicality signals in the fundamentals (recent revenue softness and uneven cash conversion) and a mixed technical picture with near-term weakness despite a longer-term uptrend.
Positive Factors
Improved leverage and balance-sheet resilience
Debt reduction to a debt-to-equity near 0.38 materially strengthens financial flexibility. Lower leverage reduces interest burden and bankruptcy risk, enabling the firm to fund capex, sustain dividends or buybacks, and better withstand cyclical downturns while preserving investment capacity over the next several quarters.
Negative Factors
Recent top-line weakness
Declining revenue undermines operating leverage in a manufacturing business where fixed costs are meaningful. Continued top-line pressure can compress margins, limit ability to convert profitability into cash, and constrain investment or deleveraging plans if the revenue softness persists across energy cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved leverage and balance-sheet resilience
Debt reduction to a debt-to-equity near 0.38 materially strengthens financial flexibility. Lower leverage reduces interest burden and bankruptcy risk, enabling the firm to fund capex, sustain dividends or buybacks, and better withstand cyclical downturns while preserving investment capacity over the next several quarters.
Read all positive factors

Vallourec (VK) vs. iShares MSCI France ETF (EWQ)

Vallourec Business Overview & Revenue Model

Company Description
Vallourec S.A., established in 1899 and based in Boulogne-Billancourt, France, operates as a global provider of advanced tubular solutions. The company serves the oil and gas, industrial, and energy markets across Europe, North America, South Amer...
How the Company Makes Money
Vallourec makes money mainly by selling seamless steel tubes and related tubular solutions, with its largest revenue stream historically tied to energy markets. A core contributor is OCTG products sold to oil and gas operators and service companie...

Vallourec Financial Statement Overview

Summary
Strong recovery from the 2022 downturn with solid TTM profitability (about 28% gross margin and ~10% net margin) and improved leverage (debt-to-equity ~0.38). Offsetting this, revenue is weakening in the latest periods and cash-flow consistency has been cyclical historically, with free cash flow running below net income in TTM.
Income Statement
74
Positive
Balance Sheet
76
Positive
Cash Flow
70
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue4.56B3.81B4.03B5.11B4.88B3.44B
Gross Profit1.27B933.00M1.19B1.59B1.08B836.58M
EBITDA961.59M766.79M854.00M1.20B104.83M514.66M
Net Income476.41M354.00M452.00M495.91M-366.38M39.55M
Balance Sheet
Total Assets5.64B4.88B5.53B5.71B5.36B4.75B
Cash, Cash Equivalents and Short-Term Investments1.12B965.00M1.10B899.95M558.42M627.32M
Total Debt1.06B923.04M1.17B1.53B1.75B1.44B
Total Liabilities2.74B2.49B2.93B3.49B3.67B2.94B
Stockholders Equity2.79B2.31B2.51B2.16B1.64B1.76B
Cash Flow
Free Cash Flow431.47M384.00M321.00M498.26M-215.66M-283.47M
Operating Cash Flow645.54M560.00M488.00M710.85M-24.99M-145.81M
Investing Cash Flow-144.00M-106.00M71.00M-129.69M-162.09M-29.59M
Financing Cash Flow-693.00M-499.00M-403.00M-214.82M90.92M-603.86M

Vallourec Technical Analysis

Technical Analysis Sentiment
Negative
Last Price23.25
Price Trends
50DMA
24.15
Negative
100DMA
22.14
Negative
200DMA
19.19
Positive
Market Momentum
MACD
-0.81
Positive
RSI
27.12
Positive
STOCH
2.95
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:VK, the sentiment is Negative. The current price of 23.25 is below the 20-day moving average (MA) of 23.30, below the 50-day MA of 24.15, and above the 200-day MA of 19.19, indicating a neutral trend. The MACD of -0.81 indicates Positive momentum. The RSI at 27.12 is Positive, neither overbought nor oversold. The STOCH value of 2.95 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:VK.

Vallourec Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
€4.79B10.1621.20%9.68%-5.58%-21.24%
64
Neutral
€2.93B10.139.78%2.66%-0.76%0.55%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
53
Neutral
€455.97M37.121.38%0.99%-6.60%80.63%
46
Neutral
€1.87B-4.37-11.01%6.28%-6.14%-329.02%
41
Neutral
€1.29B-2.78-7.36%2.83%-6.14%-3534.36%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
FR:VK
Vallourec
20.72
5.02
32.02%
FR:ERA
Eramet SA
46.26
0.36
0.78%
FR:EXPL
Societe Explosifs et Produits Chimiques SA
278.00
80.43
40.71%
FR:NK
IMERYS SA
21.14
-5.85
-21.68%
FR:JCQ
JACQUET METAL SERVICE
21.10
-0.80
-3.65%
FR:VCT
Vicat SA
62.50
5.60
9.84%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 23, 2026