Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Viohalco S.A. is a Belgium-based holding company overseeing leading European metal processing firms specializing in the sustainable production of high-quality aluminium, copper, cables, steel, and steel pipes. Established with over 100 years of history, it operates production facilities in eight countries including Greece, Bulgaria, Romania, North Macedonia, the United Kingdom, Turkey, Russia, and the Netherlands, while maintaining a strong commercial network across 18 countries and distributing products to more than 95 nations worldwide. The company generated consolidated revenues exceeding EUR 6.6 billion in 2024, reflecting its diversified portfolio segmented into seven business areas that serve dynamic markets such as building and construction, transportation, energy networks, HVAC&R, water supply, telecommunications, and industrial applications. Viohalco S.A. also engages in real estate through a dedicated investment company managing offices, shopping centres, hotels, and logistics properties, alongside a technology segment focused on R&D, innovation, engineering, and resource recovery. Committed to technological advancement, sustainability, and alignment with global megatrends like circular economy and climate neutrality, Viohalco S.A. invests heavily—EUR 4.7 billion from 2001 to 2024—in state-of-the-art equipment, productivity, and people development, holding majority stakes in listed subsidiaries like Cenergy Holdings and ElvalHalcor.
€20.55
€0.70 (-3.29%)
Live · 04:16 PM · Twelve Data
Operating margin is thin at 7.48%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 9.1%, steady but not accelerating. Free cash flow declined 82% despite revenue growth, conversion is weakening.
Free cash flow declined 82% versus the prior year, cash generation momentum has weakened. Net debt of €1.49B represents 45.1x FCF, leverage limits flexibility.
22.6x earnings, 160.9x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€7.23B
▲ +9.1% YoY
Net Income (TTM)
€312M
▲ +48.1% YoY
Op. Margin
7.48%
▲ +0.8pp YoY
ROIC
8.96%
▲ +1.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€33M
▼ -81.8% YoY
Op. Cash Flow (TTM)
€415M
▼ -31.0% YoY
Net Debt
€1.49B
Cash & Equiv.
€733M
3Y CAGR: +1.1%
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At a P/E of 22.6 and a price-to-free-cash-flow of 160.9, Viohalco (VIO.XBRU) trades above a two-stage DCF intrinsic value of about €-3.55 per share, so at €20.55 the stock looks overvalued (117.3% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Viohalco scores 37/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.8%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €-3.55 per share for VIO.XBRU, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €-2.66. At today's €20.55, that puts the stock about 117.3% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Viohalco scores 37 out of 100 on Intrinsiqq's quality score, passing 2 of 8 checks, which makes it a lower-quality business on these measures. Recent fundamentals include a 7.5% operating margin and a 9.0% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full check-by-check breakdown is on the quality scorecard.
Yes, Viohalco pays a regular dividend of about €0.16 per share per year (typically in quarterly installments), a yield of roughly 0.8% at the current price. That is a payout ratio of about 13.3% of earnings, so the dividend is amply covered by earnings. Viohalco has grown the dividend at roughly 52.0% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For VIO.XBRU's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. VIO.XBRU currently trades above its estimated intrinsic value and scores 37/100 on quality (lower-quality). It also yields about 0.8%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.