Vallourec (VK) - Net Assets
Based on the latest financial reports, Vallourec (VK) has net assets worth €2.33 Billion EUR (≈ $2.73 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.90 Billion ≈ $5.73 Billion USD) and total liabilities (€2.56 Billion ≈ $3.00 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. Also explore Vallourec asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.33 Billion |
| % of Total Assets | 47.64% |
| Annual Growth Rate | 4.17% |
| 5-Year Change | 1845.73% |
| 10-Year Change | -14.37% |
| Growth Volatility | 256.42 |
Vallourec - Net Assets Trend (2001–2024)
This chart illustrates how Vallourec's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Vallourec (VK) market capitalisation.
Annual Net Assets for Vallourec (2001–2024)
The table below shows the annual net assets of Vallourec from 2001 to 2024. Explore Vallourec cash conversion from operations to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
+1252.29% |
| 2020-12-31 | €133.68 Million ≈ $156.28 Million |
-93.25% |
| 2019-12-31 | €1.98 Billion ≈ $2.31 Billion |
-12.55% |
| 2018-12-31 | €2.26 Billion ≈ $2.65 Billion |
-21.50% |
| 2017-12-31 | €2.88 Billion ≈ $3.37 Billion |
-23.65% |
| 2016-12-31 | €3.78 Billion ≈ $4.42 Billion |
+24.37% |
| 2015-12-31 | €3.04 Billion ≈ $3.55 Billion |
-27.15% |
| 2014-12-31 | €4.17 Billion ≈ $4.87 Billion |
-16.37% |
| 2013-12-31 | €4.99 Billion ≈ $5.83 Billion |
-4.35% |
| 2012-12-31 | €5.21 Billion ≈ $6.09 Billion |
+0.04% |
| 2011-12-31 | €5.21 Billion ≈ $6.09 Billion |
+8.02% |
| 2010-12-31 | €4.82 Billion ≈ $5.64 Billion |
+17.59% |
| 2009-12-31 | €4.10 Billion ≈ $4.80 Billion |
+26.92% |
| 2008-12-31 | €3.23 Billion ≈ $3.78 Billion |
+15.85% |
| 2007-12-31 | €2.79 Billion ≈ $3.26 Billion |
+25.48% |
| 2006-12-31 | €2.22 Billion ≈ $2.60 Billion |
+47.91% |
| 2005-12-31 | €1.50 Billion ≈ $1.76 Billion |
+14.52% |
| 2004-12-31 | €1.31 Billion ≈ $1.53 Billion |
+27.12% |
| 2003-12-31 | €1.03 Billion ≈ $1.21 Billion |
-3.40% |
| 2002-12-31 | €1.07 Billion ≈ $1.25 Billion |
+5.18% |
| 2001-12-31 | €1.02 Billion ≈ $1.19 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Vallourec'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 grown by 45206700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €452.07 Million | 18.00% |
| Common Stock | €4.76 Million | 0.19% |
| Other Comprehensive Income | €-1.90 Billion | -75.65% |
| Other Components | €3.96 Billion | 157.46% |
| Total Equity | €2.51 Billion | 100.00% |
Vallourec Competitors by Market Cap
The table below lists competitors of Vallourec ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nordic Semiconductor ASA
OL:NOD
|
$3.93 Billion |
|
Envista Holdings Corp
NYSE:NVST
|
$3.93 Billion |
|
Munters Group AB
ST:MTRS
|
$3.93 Billion |
|
Aris Mining Corporation
NYSE MKT:ARMN
|
$3.93 Billion |
|
Dolby Laboratories
NYSE:DLB
|
$3.92 Billion |
|
DKSH Holding AG
SW:DKSH
|
$3.92 Billion |
|
MAZDA MOTOR UNSP.ADR/2
F:MZA0
|
$3.92 Billion |
|
Aster DM Healthcare Limited
NSE:ASTERDM
|
$3.92 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vallourec's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,156,640,000 to 2,512,000,000, a change of 355,360,000 (16.5%).
- Net income of 452,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 399,379,000.
- Other factors decreased equity by 496,019,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €452.00 Million | +17.99% |
| Other Comprehensive Income | €399.38 Million | +15.9% |
| Other Changes | €-496.02 Million | -19.75% |
| Total Change | €- | 16.48% |
Book Value vs Market Value Analysis
This analysis compares Vallourec'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: 2.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.50x to 2.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | €17.15 | €25.65 | x |
| 2002-12-31 | €12.05 | €25.65 | x |
| 2003-12-31 | €10.36 | €25.65 | x |
| 2004-12-31 | €41.92 | €25.65 | x |
| 2005-12-31 | €69.03 | €25.65 | x |
| 2006-12-31 | €101.14 | €25.65 | x |
| 2007-12-31 | €129.16 | €25.65 | x |
| 2008-12-31 | €147.90 | €25.65 | x |
| 2009-12-31 | €174.74 | €25.65 | x |
| 2010-12-31 | €197.29 | €25.65 | x |
| 2011-12-31 | €204.51 | €25.65 | x |
| 2012-12-31 | €198.19 | €25.65 | x |
| 2013-12-31 | €183.47 | €25.65 | x |
| 2014-12-31 | €147.37 | €25.65 | x |
| 2015-12-31 | €101.91 | €25.65 | x |
| 2016-12-31 | €82.81 | €25.65 | x |
| 2017-12-31 | €25.83 | €25.65 | x |
| 2018-12-31 | €18.81 | €25.65 | x |
| 2019-12-31 | €15.33 | €25.65 | x |
| 2020-12-31 | €-1.95 | €25.65 | x |
| 2021-12-31 | €14.68 | €25.65 | x |
| 2022-12-31 | €7.16 | €25.65 | x |
| 2023-12-31 | €9.00 | €25.65 | x |
| 2024-12-31 | €10.30 | €25.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vallourec 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): 17.99%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.20%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 2.20x
- Recent ROE (17.99%) is above the historical average (9.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 52.35% | 6.64% | 1.29x | 6.12x | €142.81 Million |
| 2002 | 59.76% | 5.31% | 1.21x | 9.27x | €117.93 Million |
| 2003 | 37.80% | 3.15% | 1.10x | 10.95x | €56.62 Million |
| 2004 | 17.84% | 4.77% | 1.10x | 3.38x | €63.74 Million |
| 2005 | 34.00% | 10.98% | 1.20x | 2.58x | €333.89 Million |
| 2006 | 43.04% | 16.55% | 1.22x | 2.13x | €703.96 Million |
| 2007 | 36.42% | 16.06% | 1.25x | 1.82x | €715.43 Million |
| 2008 | 30.87% | 15.03% | 1.12x | 1.84x | €653.92 Million |
| 2009 | 13.41% | 11.60% | 0.72x | 1.60x | €131.66 Million |
| 2010 | 8.99% | 9.12% | 0.59x | 1.66x | €-46.04 Million |
| 2011 | 8.31% | 7.58% | 0.58x | 1.90x | €-81.48 Million |
| 2012 | 4.61% | 4.15% | 0.58x | 1.92x | €-258.40 Million |
| 2013 | 5.69% | 4.69% | 0.60x | 2.02x | €-198.19 Million |
| 2014 | -24.67% | -16.20% | 0.62x | 2.47x | €-1.30 Billion |
| 2015 | -32.69% | -22.74% | 0.54x | 2.64x | €-1.13 Billion |
| 2016 | -23.09% | -25.56% | 0.36x | 2.48x | €-1.09 Billion |
| 2017 | -22.12% | -14.31% | 0.54x | 2.84x | €-779.29 Million |
| 2018 | -27.88% | -12.82% | 0.61x | 3.56x | €-682.68 Million |
| 2019 | -22.91% | -8.06% | 0.57x | 4.98x | €-482.94 Million |
| 2020 | 0.00% | -40.87% | 0.64x | 0.00x | €-1.31 Billion |
| 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 | €200.80 Million |
Industry Comparison
This section compares Vallourec's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $265,671,000
- Average return on equity (ROE) among peers: 0.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vallourec (VK) | €2.33 Billion | 52.35% | 1.10x | $3.92 Billion |
| Jacquet Metal Service SA (JCQ) | $265.67 Million | 0.27% | 1.35x | $373.76 Million |
About Vallourec
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