Overview Dividends

(VPK) Koninklijke Vopak - Ratings and Ratios

Exchange: AS • Country: Netherlands • Currency: EUR • Type: Common Stock • ISIN: NL0009432491

Tank Storage, Liquid Chemicals, Gases, Oil Products

VPK EPS (Earnings per Share)

EPS Growth (3Y CAGR): 3.48%
EPS Trend (3Y Correlation): 25.6%

VPK Revenue

Revenue Growth (3Y CAGR): 39.44%
Revenue Trend (3Y Correlation): 45.2%

Risk via 10d forecast
Volatility	22.3%
Value at Risk 5%th	32.5%
Relative Tail Risk	-11.17%

Reward TTM
Sharpe Ratio	-0.80
Alpha	-19.17

Character TTM
Hurst Exponent	0.555
Beta	0.106
Beta Downside	0.314

Drawdowns 3y
Max DD	21.15%
Mean DD	6.26%
Median DD	5.06%

Description: VPK Koninklijke Vopak November 06, 2025

Koninklijke Vopak N.V. (AS: VPK) is the world’s largest independent tank-storage specialist, providing bulk storage and handling for liquid chemicals, gases and oil products across energy and manufacturing value chains. Its asset portfolio comprises 77 terminals in 23 countries, totaling roughly 35.4 million m³ of storage capacity, and includes jetties, truck-loading stations and pipeline networks that serve producers, traders, governments and end-users.

Key operating metrics (FY 2023) show an average terminal utilization of ≈ 84 % and EBITDA of €1.2 bn, reflecting strong demand for safe, near-shore storage amid volatile commodity markets. The business is increasingly tied to secular drivers such as the global energy transition-Vopak is expanding low-carbon infrastructure for hydrogen, CO₂ capture, battery storage and sustainable aviation fuel, sectors projected to grow at double-digit CAGR through 2030.

Given Vopak’s high-margin, asset-light model and its exposure to both traditional hydrocarbon flows and emerging renewable-fuel logistics, the stock’s valuation is sensitive to freight-rate cycles, regulatory caps on storage fees and the pace of hydrogen-pipeline roll-outs; any material shift in these variables would materially alter the risk-reward profile. For a deeper, data-driven assessment of Vopak’s upside potential, a quick look at the company’s ValueRay profile can surface the most relevant quantitative insights.

VPK Stock Overview

Market Cap in USD	5,207m
Sub-Industry	Oil & Gas Storage & Transportation
IPO / Inception
Return 12m vs S&P 500	-22.2%
Analyst Rating	-

VPK Dividends

Dividend Yield	4.29%
Yield on Cost 5y	4.40%
Yield CAGR 5y	6.87%
Payout Consistency	92.7%
Payout Ratio	48.3%

VPK Growth Ratios

CAGR 3y	14.50%
CAGR/Max DD Calmar Ratio	0.69
CAGR/Mean DD Pain Ratio	2.32
Current Volume	157k
Average Volume	104.4k

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (726.2m TTM) > 0 and > 6% of Revenue (6% = 149.5m TTM)

FCFTA 0.02 (>2.0%) and ΔFCFTA -3.03pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -5.69% (prev -24.01%; Δ 18.33pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 371.2m <= Net Income 726.2m (YES >=105%, WARN >=100%)

Net Debt (2.11b) to EBITDA (1.14b) ratio: 1.86 <= 3.0 (WARN <= 3.5)

Current Ratio 0.77 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (115.0m) change vs 12m ago -8.29% (target <= -2.0% for YES)

Gross Margin 36.09% (prev 39.77%; Δ -3.68pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 36.89% (prev 28.82%; Δ 8.06pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.94 (EBITDA TTM 1.14b / Interest Expense TTM 260.4m) >= 6 (WARN >= 3)

Altman Z'' 3.19

(A) -0.02 = (Total Current Assets 473.7m - Total Current Liabilities 615.4m) / Total Assets 6.68b

(B) 0.49 = Retained Earnings (Balance) 3.29b / Total Assets 6.68b

(D) 0.92 = Book Value of Equity 3.29b / Total Liabilities 3.58b

Total Rating: 3.19 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 71.79

1. Piotroski 3.50pt = -1.50

2. FCF Yield 2.41% = 1.21

3. FCF Margin 6.40% = 1.60

4. Debt/Equity 0.74 = 2.23

5. Debt/Ebitda 1.86 = 0.28

6. ROIC - WACC (= 9.08)% = 11.34

7. RoE 23.48% = 1.96

8. Rev. Trend 45.24% = 3.39

9. EPS Trend 25.61% = 1.28

What is the price of VPK shares?

As of November 16, 2025, the stock is trading at EUR 37.32 with a total of 157,026 shares traded.
Over the past week, the price has changed by +0.11%, over one month by -4.84%, over three months by -10.12% and over the past year by -10.83%.

Is Koninklijke Vopak a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Koninklijke Vopak (AS:VPK) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 71.79 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of VPK is around 35.83 EUR . This means that VPK is currently overvalued and has a potential downside of -3.99%.

Is VPK a buy, sell or hold?

Koninklijke Vopak has no consensus analysts rating.

What are the forecasts/targets for the VPK price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	51.8	38.7%
Analysts Target Price	-	-
ValueRay Target Price	38.8	4%

VPK Fundamental Data Overview January 01, 1970

Market Cap USD = 5.21b (4.49b EUR * 1.159 EUR.USD)
Market Cap EUR = 4.49b (4.49b EUR * 1.0 EUR.EUR)
P/E Trailing = 9.2379
P/E Forward = 11.1111
P/S = 3.3987
P/B = 1.4703
P/EG = -18.08
Beta = 0.81
Revenue TTM = 2.49b EUR
EBIT TTM = 764.9m EUR
EBITDA TTM = 1.14b EUR
Long Term Debt = 2.04b EUR (from longTermDebt, last quarter)
Short Term Debt = 168.1m EUR (from shortLongTermDebt, last quarter)
Debt = 2.21b EUR (Calculated: Short Term 168.1m + Long Term 2.04b)
Net Debt = 2.11b EUR (from netDebt column, last quarter)
Enterprise Value = 6.60b EUR (4.49b + Debt 2.21b - CCE 99.6m)
Interest Coverage Ratio = 2.94 (Ebit TTM 764.9m / Interest Expense TTM 260.4m)
FCF Yield = 2.41% (FCF TTM 159.4m / Enterprise Value 6.60b)
FCF Margin = 6.40% (FCF TTM 159.4m / Revenue TTM 2.49b)
Net Margin = 29.14% (Net Income TTM 726.2m / Revenue TTM 2.49b)
Gross Margin = 36.09% ((Revenue TTM 2.49b - Cost of Revenue TTM 1.59b) / Revenue TTM)
Gross Margin QoQ = 22.90% (prev 29.02%)
Tobins Q-Ratio = 0.99 (Enterprise Value 6.60b / Total Assets 6.68b)
Interest Expense / Debt = 3.12% (Interest Expense 69.0m / Debt 2.21b)
Taxrate = 3.69% (5.20m / 140.9m)
NOPAT = 736.7m (EBIT 764.9m * (1 - 3.69%))
Current Ratio = 0.77 (Total Current Assets 473.7m / Total Current Liabilities 615.4m)
Debt / Equity = 0.74 (Debt 2.21b / totalStockholderEquity, last quarter 2.97b)
Debt / EBITDA = 1.86 (Net Debt 2.11b / EBITDA 1.14b)
Debt / FCF = 13.24 (Net Debt 2.11b / FCF TTM 159.4m)
Total Stockholder Equity = 3.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.88% (Net Income 726.2m / Total Assets 6.68b)
RoE = 23.48% (Net Income TTM 726.2m / Total Stockholder Equity 3.09b)
RoCE = 14.89% (EBIT 764.9m / Capital Employed (Equity 3.09b + L.T.Debt 2.04b))
RoIC = 14.37% (NOPAT 736.7m / Invested Capital 5.13b)
WACC = 5.29% (E(4.49b)/V(6.70b) * Re(6.42%) + D(2.21b)/V(6.70b) * Rd(3.12%) * (1-Tc(0.04)))
Discount Rate = 6.42% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 0.15%
[DCF Debug] Terminal Value 81.43% ; FCFE base≈243.9m ; Y1≈300.9m ; Y5≈513.3m
Fair Price DCF = 76.21 (DCF Value 8.73b / Shares Outstanding 114.6m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 25.61 | EPS CAGR: 3.48% | SUE: 0.03 | # QB: 0
Revenue Correlation: 45.24 | Revenue CAGR: 39.44% | SUE: -0.05 | # QB: 0

Additional Sources for VPK Stock

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