# VAALCO Energy, Inc. (EGY.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Energy / Oil, Gas & Consumable Fuels. Price 435p, market value 458 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). VAALCO Energy, Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 1.6×**. Each dollar of revenue is priced at 1.6×.
- **Price / book: 1.6×**. The shares trade at 1.6× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.6×**. Enterprise value is 4.6× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -21.8%** (5-yr avg -3.1%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 23.3%**. VAALCO Energy, Inc. keeps 23.3% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 8.3%**. 8.3% of revenue is left after running the business.
- **Net margin: -11.5%**. The company reported a net loss over the last twelve months.
- **Return on equity: -9.3%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 6.1%**. Return on all capital, debt included, is 6.1%.
- **Return on assets: -11.9%**. Each dollar of assets produces -11.9% of profit.

## Growth
- **Revenue growth (1 yr): -25.1%** (3-yr 0.4%/yr, 5-yr 39.8%/yr). Revenue fell 25.1% over the last year, against 39.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -171.4%**. Earnings per share fell 171.4%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.33**. Debt is 0.33 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.6×**. It would take 0.6 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 3.7×**. Operating profit covers interest 3.7× over, a safe margin.
- **Current ratio: 0.69** (quick 0.66). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 1.75**. A Z-score of 1.75 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 4.16%** (0p per share, trailing). VAALCO Energy, Inc. yields 4.16%, an income-level yield.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Shareholder yield: 4.5%**. Dividends plus net buybacks return 4.5% of the market value a year.

## Price and momentum
- **Total return (1 yr): 51.8%** (YTD 69.3%, 3-mo -98.9%). The shares are up 51.8% over twelve months including dividends.
- **From 52-week high: -10.5%** (69.2% above the low). Trading 10% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 22**. An RSI of 22 is oversold; bounces are common, but oversold can stay oversold in a real decline.

Live score and charts: https://foliofundamentals.com/analyzer?s=EGY.L · Page: https://foliofundamentals.com/stocks/egy.l

Not investment advice.