VAALCO Energy, Inc. (EGY) Key Metrics
EGY valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $652.2M
- Enterprise value
- $845.7M
- P/E (TTM)
- — 10-yr median 6.1
- Forward P/E
- 8.3
- PEG ratio
- 3.98
- Price / sales
- 1.9 10-yr median 1.0
- Price / book
- 1.6 10-yr median 1.0
- EV / EBITDA
- 50.5 10-yr median 1.9
- Dividend yield
- 4.03% $0.25 a year
- Beta
- 0.22
EGY key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsEGY valuation Price multiples at each fiscal year-end price.
EGY returns How much profit the business earns on the capital it uses.
EGY per-share figures Results divided by the shares outstanding at year-end.
EGY financial health Debt, liquidity and how easily interest is covered.
EGY efficiency & capital use Working capital cycle and where the cash goes.
EGY valuation history
EGY returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
EGY debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
EGY cash returned to shareholders
EGY price vs earnings per share
EGY key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $378.8M | $453.4M | $478.4M | $319.1M | $188.6M | $101.9M | $131.3M | $88.2M | $40.9M | $60.7M |
| Enterprise value | $448.3M | $468.9M | $448.1M | $371.0M | $150.2M | $76.6M | $117.8M | $54.8M | $30.2M | $54.7M |
| P/E ratio | — | 7.8 | 7.9 | 6.1 | 2.3 | — | 51.2 | 0.9 | 4.2 | — |
| Price / sales | 1.1 | 0.9 | 1.1 | 0.9 | 0.9 | 1.3 | 1.4 | 0.8 | 0.5 | 1.0 |
| Price / book | 0.9 | 0.9 | 1.0 | 0.7 | 1.3 | 1.7 | 1.2 | 0.8 | 4.0 | — |
| Price / free cash flow | — | 42.3 | 3.8 | — | 17.1 | 32.7 | 8.1 | 3.8 | 8.4 | — |
| Price / operating cash flow | 1.8 | 4.0 | 2.1 | 2.5 | 3.8 | 3.7 | 5.0 | 2.4 | 6.1 | — |
| EV / sales | 1.2 | 1.0 | 1.0 | 1.0 | 0.8 | 1.0 | 1.2 | 0.5 | 0.4 | 0.9 |
| EV / EBITDA | 4.9 | 1.6 | 1.6 | 2.1 | 1.5 | 5.4 | 4.2 | 0.9 | 1.1 | 28.1 |
| EV / free cash flow | — | 43.7 | 3.5 | — | 13.6 | 24.6 | 7.3 | 2.4 | 6.2 | — |
| Earnings yield | −10.9% | 12.7% | 12.6% | 16.3% | 43.4% | −47.3% | 2.0% | 111.4% | 23.6% | −43.7% |
| Free cash flow yield | −11.4% | 2.4% | 26.4% | −9.7% | 5.9% | 3.1% | 12.3% | 26.1% | 11.8% | −20.0% |
| Dividend yield | 7.0% | 5.8% | 5.6% | 2.9% | 0.0% | 0.0% | — | 10.5% | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 7.2% | 7.3% | 10.5% | 4.1% | 0.8% | 1.0% | 3.0% | 10.5% | 0.0% | 0.1% |
| Share price at fiscal year-end | $3.64 | $4.37 | $4.49 | $4.56 | $3.21 | $1.77 | $2.22 | $1.47 | $0.70 | $1.04 |
| Per share | ||||||||||
| Revenue per share | $3.45 | $4.62 | $4.27 | $5.06 | $3.39 | $1.34 | $1.64 | $1.75 | $1.31 | $1.02 |
| Earnings per share | −$0.40 | $0.56 | $0.57 | $0.74 | $1.39 | −$0.84 | $0.04 | $1.64 | $0.16 | −$0.45 |
| Operating cash flow per share | $2.04 | $1.10 | $2.10 | $1.84 | $0.85 | $0.48 | $0.45 | $0.62 | $0.11 | −$0.06 |
| Free cash flow per share | −$0.42 | $0.10 | $1.19 | −$0.44 | $0.19 | $0.05 | $0.27 | $0.38 | $0.08 | −$0.21 |
| Cash per share | $0.57 | $0.80 | $1.14 | $0.53 | $0.83 | $0.83 | $0.79 | $0.56 | $0.33 | $0.35 |
| Book value per share | $4.26 | $4.83 | $4.49 | $6.66 | $2.46 | $1.07 | $1.86 | $1.83 | $0.18 | −$0.01 |
| Tangible book value per share | $4.26 | $4.83 | $4.49 | $6.66 | $2.46 | $1.07 | $1.86 | $1.83 | $0.18 | −$0.01 |
| Dividends per share | $0.25 | $0.25 | $0.25 | $0.13 | $0.00 | $0.00 | — | $0.15 | $0.00 | $0.00 |
| Capex per share | $2.46 | $0.99 | $0.91 | $2.28 | $0.66 | $0.42 | $0.17 | $0.24 | $0.03 | $0.15 |
| Debt per share | $1.23 | $0.95 | $0.85 | $1.27 | $0.17 | $0.39 | $0.56 | $0.00 | $0.15 | $0.25 |
| Shares outstanding | 104.1M | 103.7M | 106.6M | 70.0M | 58.8M | 57.6M | 59.1M | 60.0M | 58.7M | 58.4M |
| Change in shares outstanding | +0.3% | −2.6% | +52.3% | +19.1% | +2.0% | −2.6% | −1.4% | +2.2% | +0.6% | +0.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −8.8% | 11.8% | 12.8% | 17.0% | 79.5% | −56.3% | 2.3% | 163.6% | 194.4% | — |
| Return on invested capital (ROIC) | 7.1% | 14.1% | 16.4% | 27.5% | 111.4% | −32.5% | 12.3% | 134.9% | — | — |
| Return on assets (ROA) | −4.4% | 6.5% | 7.2% | 9.3% | 40.5% | −27.3% | 1.4% | 79.9% | 12.0% | −25.9% |
| Return on tangible assets | −4.5% | 6.1% | 7.3% | 6.1% | 31.1% | −34.1% | 1.2% | 59.1% | 12.1% | −32.8% |
| Free cash flow margin | −12.0% | 2.2% | 27.8% | −8.8% | 5.6% | 4.0% | 16.7% | 22.0% | 6.3% | −20.3% |
| Income quality (OCF / net income) | — | 1.97 | 3.70 | 2.48 | 0.61 | — | 10.33 | 0.38 | 0.69 | — |
| Financial health | ||||||||||
| Total debt | $128.4M | $98.2M | $90.8M | $89.1M | $10.2M | $22.6M | $33.4M | $0 | $9.0M | $14.4M |
| Cash & short-term investments | $58.9M | $82.7M | $121.1M | $37.2M | $48.7M | $47.9M | $46.8M | $33.4M | $19.7M | $20.5M |
| Net debt | $69.5M | $15.5M | −$30.3M | $51.9M | −$38.4M | −$25.3M | −$13.5M | −$33.4M | −$10.7M | −$6.0M |
| Debt / equity | 0.29 | 0.20 | 0.19 | 0.19 | 0.07 | 0.37 | 0.30 | 0.00 | 0.87 | — |
| Debt / assets | 0.14 | 0.10 | 0.11 | 0.10 | 0.04 | 0.16 | 0.16 | 0.00 | 0.11 | 0.18 |
| Net debt / EBITDA | 0.76 | 0.05 | −0.11 | 0.30 | −0.38 | −1.80 | −0.48 | −0.54 | −0.37 | −3.10 |
| Current ratio | 0.69 | 1.31 | 1.79 | 1.23 | 1.05 | 1.22 | 1.09 | 1.43 | 0.78 | 0.69 |
| Quick ratio | 0.68 | 1.26 | 1.75 | 1.21 | 1.03 | 1.14 | 1.08 | 1.41 | 0.71 | 0.67 |
| Interest coverage | 5.7 | 36.6 | 24.6 | 84.2 | 1.8 | -175.9 | 28.9 | 353.7 | 14.1 | -1.7 |
| Working capital | −$58.8M | $56.2M | $100.7M | $38.0M | $4.0M | $11.4M | $6.0M | $17.8M | −$10.1M | −$17.1M |
| Invested capital | $513.0M | $517.1M | $448.5M | $518.0M | $105.9M | $36.2M | $96.3M | $76.5M | −$405,000 | −$6.4M |
| Tangible asset value | $443.7M | $501.6M | $478.8M | $466.1M | $144.3M | $61.5M | $109.7M | $109.8M | $10.3M | −$358,000 |
| Net current asset value | −$336.7M | −$215.4M | −$116.3M | −$189.4M | −$30.5M | −$15.8M | −$32.1M | $2.3M | −$32.9M | −$42.9M |
| Graham number | — | $7.78 | $7.57 | $10.54 | $8.77 | — | $1.34 | $8.21 | $0.80 | — |
| Graham net-net per share | −$3.65 | −$2.58 | −$1.42 | −$3.51 | −$0.76 | −$0.42 | −$0.69 | −$0.20 | −$0.73 | −$0.90 |
| Capital allocation | ||||||||||
| Dividends paid | $26.5M | $26.2M | $26.8M | $9.4M | $0 | $0 | — | $9.2M | $0 | $0 |
| Share buybacks (net) | $709,000 | $6.8M | $23.6M | $3.8M | $1.4M | $992,000 | $3.9M | $58,000 | $20,000 | $51,000 |
| Dividend payout ratio | — | 45.4% | 44.4% | 18.0% | 0.0% | — | — | 9.4% | 0.0% | — |
| Dividends + buybacks / free cash flow | — | 307.9% | 39.8% | — | 12.9% | 31.8% | 24.3% | 40.3% | 0.4% | — |
| Capex / revenue | 71.2% | 21.5% | 21.4% | 45.1% | 19.6% | 31.4% | 10.7% | 13.5% | 2.4% | 14.6% |
| Capex / operating cash flow | 120.3% | 90.6% | 43.5% | 124.1% | 77.9% | 88.6% | 39.1% | 38.0% | 27.2% | — |
| Capex / depreciation | 2.33 | 0.72 | 0.84 | 3.32 | 1.85 | 2.54 | 1.41 | 2.35 | 0.27 | 1.04 |
| Stock-based compensation / revenue | 1.7% | 0.9% | 0.7% | 0.6% | 1.2% | 0.1% | 3.6% | 2.2% | 1.4% | 0.3% |
| SG&A / revenue | 9.2% | 6.2% | 5.2% | 2.8% | 7.4% | 13.8% | 15.4% | 10.9% | 13.5% | 15.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 86.7 | 85.1 | 93.5 | 89.2 | 37.3 | 62.4 | 61.9 | 37.1 | 40.8 | 132.5 |
| Days of inventory on hand | 7.4 | 8.4 | 5.4 | 5.6 | 9.8 | 16.0 | 5.9 | 16.1 | 16.8 | 7.5 |
| Days payables outstanding | 37.2 | 20.2 | 55.8 | 89.3 | 63.3 | 104.5 | 76.7 | 78.0 | 121.3 | 270.4 |
| Cash conversion cycle (days) | 56.9 | 73.3 | 43.1 | 5.5 | -16.2 | -26.1 | -8.9 | -24.9 | -63.7 | -130.3 |
| Receivables turnover | 4.21 | 4.29 | 3.91 | 4.09 | 9.78 | 5.85 | 5.90 | 9.85 | 8.95 | 2.75 |
| Payables turnover | 9.82 | 18.08 | 6.54 | 4.09 | 5.77 | 3.49 | 4.76 | 4.68 | 3.01 | 1.35 |
| Inventory turnover | 49.41 | 43.65 | 67.63 | 65.26 | 37.21 | 22.87 | 61.41 | 22.73 | 21.67 | 48.65 |
| Asset turnover | 0.38 | 0.54 | 0.54 | 0.63 | 0.98 | 0.44 | 0.51 | 0.85 | 0.96 | 0.58 |
| Average receivables | $85.3M | $111.7M | $116.5M | $86.6M | $20.4M | $13.2M | $16.4M | $10.7M | $8.6M | $21.7M |
| Average payables | $28.2M | $17.0M | $41.0M | $39.3M | $17.7M | $16.3M | $12.0M | $9.8M | $15.3M | $33.0M |
| Average inventory | $5.6M | $7.0M | $4.0M | $2.5M | $2.7M | $2.5M | $928,500 | $2.0M | $2.1M | $915,000 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from EGY's annual financial statements (latest annual report filed March 16, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
EGY valuation and financial ratios
VAALCO Energy earned a return on equity of −8.8% and a return on invested capital of 7.1% in fiscal 2025. It ended the year with $128.4 million of debt and $58.9 million in cash and short-term investments, net debt of $69.5 million. It returned $27.2 million to shareholders: $26.5 million in dividends and $0.7 million in share buybacks. The share count rose 78.2% from 58.4M to 104.1M over 9 years.
See the EGY income statement, the EGY chart for price history, or the EGY stock overview for the latest quote and news.
EGY key metrics FAQ
What is VAALCO Energy's EV/EBITDA?
VAALCO Energy's enterprise value was 4.9 times EBITDA at the end of fiscal 2025 (enterprise value $448.3 million, EBITDA $91.7 million); the current EV/EBITDA is 50.5.
What is VAALCO Energy's return on equity?
VAALCO Energy's return on equity (ROE) was −8.8% in fiscal 2025: net income of -$41.4 million on average shareholders' equity of $472.5 million.
What is VAALCO Energy's ROIC?
VAALCO Energy's return on invested capital was 7.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does VAALCO Energy have?
VAALCO Energy had total debt of $128.4 million at the end of fiscal 2025, a debt-to-equity ratio of 0.29 and $69.5 million of net debt (0.76 times EBITDA).
What is VAALCO Energy's dividend yield?
VAALCO Energy's forward dividend yield is 4.03%. VAALCO Energy paid $26.5 million in dividends in fiscal 2025 ($0.25 per share), a payout ratio of —.
Does VAALCO Energy buy back its shares?
Yes. VAALCO Energy spent $0.7 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.3% over the year, to 104.1M..
What is VAALCO Energy's free cash flow yield?
VAALCO Energy generated -$43.2 million of free cash flow in fiscal 2025, a free cash flow yield of −11.4% on its market value at year-end ($378.8 million).
What is VAALCO Energy's current ratio?
VAALCO Energy's current ratio was 0.69 at the end of fiscal 2025: current assets were 0.69 times current liabilities.