Royal Vopak NV (VPK) AI Stock Analysis

• Market Cap: €4.65B
• Dividend Yield: 3.35%
• Average Volume (3M): 131.77K
• Price to Earnings (P/E): 13.3
• Beta (1Y): 0.41
• Revenue Growth: -7.72%
• EPS Growth: -14.33%
• Country: NL
• Employees: 4,928
• Sector: Utilities
• Sector Strength: 66
• Industry: Oil & Gas Midstream
• EPS (TTM): 0.85
• Shares Outstanding: 117,816,150
• 10 Day Avg. Volume: 131,199
• 30 Day Avg. Volume: 131,774
• PEG Ratio: 0.12
• Price to Book (P/B): 1.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 10.47
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €39.50
• Price Target Upside: -6.44% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: €46.00 ▲(8.95%Upside)

Royal Vopak NV's strong financial performance and attractive valuation are significant strengths, providing a solid foundation for the stock. However, technical indicators suggest the stock might be overbought, posing a short-term risk. The company's stable cash flow and moderate leverage further contribute to its favorable long-term outlook, though attention to revenue growth and profitability is essential.

Royal Vopak NV Business Overview & Revenue Model

Company Description

Royal Vopak NV is a Dutch multinational company specializing in the storage and handling of oil, chemicals, and liquefied natural gas (LNG) products. With a global network of terminals located at strategic locations, Vopak serves a wide range of industries including oil and gas, chemical manufacturing, and energy. The company is renowned for its expertise in providing safe, efficient, and reliable storage solutions, supporting the logistics and supply chain activities of its clients.

How the Company Makes Money

Royal Vopak NV generates revenue primarily through the leasing of its storage facilities and related services. The company owns and operates a vast network of terminals worldwide, offering long-term storage solutions to clients in the oil, chemical, and energy sectors. These clients pay for the storage capacity and associated services, such as blending, heating, and transferring of products. Vopak's revenue model is largely based on long-term contracts, ensuring a stable income stream. Additionally, the company engages in strategic partnerships and joint ventures to enhance its service offerings and expand its market presence. Factors such as global trade volumes, commodity prices, and regulatory changes can significantly impact Vopak's earnings.

Royal Vopak NV Financial Statement Overview

Summary

Royal Vopak NV exhibits a commendable financial position with strong cash flow management and a balanced capital structure. While gross profit margins have improved, the decline in revenue and net profit margins suggests areas for growth and efficiency improvements. The company's leverage remains moderate, supporting stability, though attention to revenue growth and profitability is needed to maintain financial health.

Income Statement

Royal Vopak NV shows a stable performance in its income statement. The gross profit margin has improved to 76.6% in 2024 from 45.7% in 2023, indicating better cost management or pricing power. However, the net profit margin decreased to 28.5% from 31.9%, reflecting potential pressure on net income. Revenue growth shows volatility with a decline of 7.7% in 2024, which may be a concern for future growth.

Balance Sheet

The balance sheet reflects a strong equity position with a debt-to-equity ratio of 0.89 in 2024, indicating moderate leverage. The return on equity decreased to 12.1% from 14.1%, suggesting efficiency challenges. The equity ratio stands at 45.5%, showing a healthy portion of equity in the asset base, although a slight decline from previous years.

Cash Flow

Cash flow analysis reveals robust operational cash flows with a free cash flow growth rate of 26.8% in 2024, signaling strong cash generation capability. The operating cash flow to net income ratio is 2.42, highlighting efficient cash conversion from profits. The free cash flow to net income ratio is 1.53, indicating a healthy cash surplus over net earnings.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.32B	1.43B	1.37B	1.23B	1.19B
Gross Profit	1.01B	651.80M	596.90M	400.00M	439.60M
EBITDA	925.20M	801.70M	700.80M	610.60M	643.90M
Net Income	375.70M	455.70M	-168.40M	214.20M	294.60M
Balance Sheet
Total Assets	6.80B	6.75B	7.06B	7.25B	6.64B
Cash, Cash Equivalents and Short-Term Investments	94.20M	197.00M	33.80M	73.40M	68.30M
Total Debt	2.77B	2.48B	3.08B	3.00B	2.66B
Total Liabilities	3.56B	3.38B	3.91B	3.91B	3.53B
Stockholders Equity	3.10B	3.22B	2.98B	3.19B	2.96B
Cash Flow
Free Cash Flow	573.40M	452.20M	332.30M	85.70M	28.70M
Operating Cash Flow	909.10M	866.20M	719.30M	605.50M	668.20M
Investing Cash Flow	-495.30M	109.60M	-489.40M	-588.40M	-572.70M
Financing Cash Flow	-528.80M	-801.90M	-247.60M	-8.30M	-124.70M

Royal Vopak NV Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 42.22
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:VPK, the sentiment is Positive. The current price of 42.22 is above the 20-day moving average (MA) of 41.35, above the 50-day MA of 39.51, and above the 200-day MA of 40.17, indicating a neutral trend. The MACD of 0.52 indicates Positive momentum. The RSI at 53.50 is Neutral, neither overbought nor oversold. The STOCH value of 45.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:VPK.

Royal Vopak NV Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VPK	71 Outperform	€4.65B	13.31	11.89%	3.35%	-7.72%	-14.33%
SBMO	66 Neutral	€3.94B	29.43	4.04%	3.72%	-3.66%	-69.38%
Sector *	66 Neutral	€3.56B	14.25	3.63%	6.52%	12.66%	-2.63%