Added to YB: 2025-03-06
Pitch date: 2025-01-16
VK.PA [bullish]
Vallourec S.A.
-9.27%
current return
Author Info
No bio for this author
Company Info
Vallourec S.A., through its subsidiaries, provides tubular solutions for the oil and gas, industry, and energy markets in Europe, North America, South America, Asia, the Middle East, and internationally.
Market Cap
EUR 4.3B
Pitch Price
EUR 17.03
Price Target
29.00 (+88%)
Dividend
8.07%
EV/EBITDA
5.27
P/E
10.05
EV/Sales
1.12
Sector
Energy Equipment and Services
Category
special_situation
Vallourec S.A. - $VK.PA
VK.PA: Premium OCTG pipe maker (90% revenue), 9.5x 2027 EPS. New mgmt, post-bankruptcy turnaround. Net debt-free, 80-100% FCF to shareholders. 2027E EPS €2.00, 14x multiple = €29 target. Arcelor Mittal owns 28%, potential takeover Feb 6 post-lockup. If not, high dividends likely. Risks: O&G cyclicality, takeover fails.
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