VALLOUREC ADR 1/5/EO 2 (VACE) - Net Assets
Based on the latest financial reports, VALLOUREC ADR 1/5/EO 2 (VACE) has net assets worth €2.39 Billion EUR (≈ $2.80 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.88 Billion ≈ $5.71 Billion USD) and total liabilities (€2.49 Billion ≈ $2.91 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Explore VACE cash generation efficiency to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.39 Billion |
| % of Total Assets | 49.04% |
| Annual Growth Rate | 7.28% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 16.76 |
VALLOUREC ADR 1/5/EO 2 - Net Assets Trend (2021–2025)
This chart illustrates how VALLOUREC ADR 1/5/EO 2's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of VALLOUREC ADR 1/5/EO 2 for the complete picture of this company's asset base.
Annual Net Assets for VALLOUREC ADR 1/5/EO 2 (2021–2025)
The table below shows the annual net assets of VALLOUREC ADR 1/5/EO 2 from 2021 to 2025. For live valuation and market cap data, see VACE market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €2.39 Billion ≈ $2.80 Billion |
-7.96% |
| 2024-12-31 | €2.60 Billion ≈ $3.04 Billion |
+16.97% |
| 2023-12-31 | €2.22 Billion ≈ $2.60 Billion |
+31.92% |
| 2022-12-31 | €1.69 Billion ≈ $1.97 Billion |
-6.75% |
| 2021-12-31 | €1.81 Billion ≈ $2.11 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to VALLOUREC ADR 1/5/EO 2's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.31 Billion | 100.00% |
| Total Equity | €2.31 Billion | 100.00% |
VALLOUREC ADR 1/5/EO 2 Competitors by Market Cap
The table below lists competitors of VALLOUREC ADR 1/5/EO 2 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
$3.71 Billion |
|
Dana Inc
NYSE:DAN
|
$3.71 Billion |
|
Hims Hers Health Inc
NYSE:HIMS
|
$3.71 Billion |
|
United Community Banks, Inc.
NASDAQ:UCB
|
$3.71 Billion |
|
F&G Annuities & Life Inc.
NYSE:FG
|
$3.70 Billion |
|
Wonik Ips Co. Ltd
KQ:240810
|
$3.70 Billion |
|
Independent Bank
NASDAQ:INDB
|
$3.70 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
$3.70 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VALLOUREC ADR 1/5/EO 2's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,512,176,000 to 2,306,000,000, a change of -206,176,000 (-8.2%).
- Net income of 355,000,000 contributed positively to equity growth.
- Dividend payments of 352,000,000 reduced retained earnings.
- Share repurchases of 29,000,000 reduced equity.
- New share issuances of 119,000,000 increased equity.
- Other factors decreased equity by 299,176,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €355.00 Million | +15.39% |
| Dividends Paid | €352.00 Million | -15.26% |
| Share Repurchases | €29.00 Million | -1.26% |
| Share Issuances | €119.00 Million | +5.16% |
| Other Changes | €-299.18 Million | -12.97% |
| Total Change | €- | -8.21% |
Book Value vs Market Value Analysis
This analysis compares VALLOUREC ADR 1/5/EO 2's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.49x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.63x to 0.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €7.71 | €4.84 | x |
| 2022-12-31 | €7.09 | €4.84 | x |
| 2023-12-31 | €9.39 | €4.84 | x |
| 2024-12-31 | €10.74 | €4.84 | x |
| 2025-12-31 | €9.85 | €4.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VALLOUREC ADR 1/5/EO 2 utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.39%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.32%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 2.12x
- Recent ROE (15.39%) is above the historical average (7.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 2.24% | 1.15% | 0.72x | 2.69x | €-136.76 Million |
| 2022 | -22.30% | -7.50% | 0.91x | 3.26x | €-530.71 Million |
| 2023 | 22.99% | 9.70% | 0.90x | 2.65x | €280.25 Million |
| 2024 | 17.99% | 11.20% | 0.73x | 2.20x | €200.78 Million |
| 2025 | 15.39% | 9.32% | 0.78x | 2.12x | €124.40 Million |
Industry Comparison
This section compares VALLOUREC ADR 1/5/EO 2's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $23,476,486,700
- Average return on equity (ROE) among peers: 9.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VALLOUREC ADR 1/5/EO 2 (VACE) | €2.39 Billion | 2.24% | 1.04x | $3.71 Billion |
| Tiangong International Company Limited (34T1) | $3.88 Billion | 1.87% | 1.16x | $1.09 Billion |
| Zanaga Iron Ore Company Limited (6ZA) | $37.58 Million | -4.85% | 0.00x | $22.87 Million |
| Aperam SA (7AA) | $3.39 Billion | 18.43% | 0.84x | $3.49 Billion |
| APERAM S.A. NY SHS/1 O.N. (7AAN) | $3.21 Billion | 0.28% | 0.61x | $3.49 Billion |
| ACERINOX ADR 1/2/EO-25 (ACE) | $2.46 Billion | 9.26% | 1.48x | $3.22 Billion |
| ArcelorMittal SA (ARRD) | $7.59 Billion | 61.94% | 1.52x | $39.90 Billion |
| BCI Minerals Limited (BC3) | $431.46 Million | 2.17% | 0.43x | $628.64 Million |
| Chongqing Iron & Steel Company Limited (CGP) | $19.40 Billion | 4.77% | 0.39x | $66.69 Million |
| Da Ming International Holdings Limited (DM7) | $2.84 Billion | -1.25% | 3.38x | $95.52 Million |
| EREGLI DEM CEL FABR DL1 (EDVA) | $191.53 Billion | 2.11% | 0.62x | $3.00 Billion |
About VALLOUREC ADR 1/5/EO 2
Vallourec S.A., through its subsidiaries, provides tubular solutions for the oil and gas, industry, and new energies markets in Europe, North America, South America, Asia, the Middle East, and internationally. It operates through Tubes; and Mine & Forests segments. The company offers seamless tubes for refineries, petrochemical facilities, onshore liquefied natural gas (LNG) facilities, and float… Read more