- Vallourec’s EBITDA for the third quarter was €168 million, which is 24% lower than the previous year and below the estimated €183.8 million.
- Revenue for the third quarter was €894 million, a decrease of 22% compared to the previous year, falling short of the forecasted €915.7 million.
- Net income for the third quarter was €73 million, down 3.9% year over year but slightly above the estimated €70.5 million.
- The company’s net debt is reported at €240 million, showing a significant reduction of 68% year over year.
- Vallourec maintains its forecasted EBITDA for the year to be between €800 million and €850 million, against an estimate of €835.9 million.
- The company anticipates an increase in EBITDA for the fourth quarter compared to the third quarter.
A look at Vallourec SACA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Vallourec SACA shows a promising long-term outlook with strong indications of growth, resilience, and momentum. The company scored high in Growth, Resilience, and Momentum, with values of 5, 4, and 4 respectively. This suggests that Vallourec SACA is well-positioned to experience significant growth, maintain stability during challenging times, and build positive market momentum in the foreseeable future.
Vallourec SACA, a company providing tubular solutions, operates in various industries such as refineries, automobiles, construction, and oil and gas. With its solid scores in Growth, Resilience, and Momentum, Vallourec SACA demonstrates a favorable overall outlook for potential investors looking for a company poised for long-term success and profitability.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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