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Royal Vopak NV (DE:VPK)
FRANKFURT:VPK

Royal Vopak (VPK) Price & Analysis

6 Followers

VPK Stock Chart & Stats

€46.00
€0.20(0.44%)
At close: 4:00 PM EDT
€46.00
€0.20(0.44%)

Bulls Say, Bears Say

Bulls Say
Contracted Storage ModelVopak's core business is leasing tank/cavern capacity under defined contracts with fixed, recurring payments. This contract-heavy model produces durable, predictable base revenue and reduces volatility versus pure throughput exposure, supporting long-term capex, debt servicing and shareholder distributions.
High Utilization & Longer ContractsSustained high occupancy (91%) across the network and a strategic shift into gas and industrial terminals with longer contract durations improve revenue visibility. This structural demand and contract mix reduce short-term volatility and help sustain cash flows through cycles, aiding project finance and returns.
Strong Cash ConversionHigh EBITDA-to-OFCF conversion (~76%) and improving autonomous OFCF per share indicate durable internal cash generation. Reliable cashflow underpins the company's ability to fund multiyear growth projects, sustain progressive distributions and maintain investment flexibility despite cyclical throughput swings.
Bears Say
Meaningful LeverageAlthough leverage has improved, Vopak retains meaningful indebtedness versus equity. Elevated leverage can constrain financial flexibility, amplify downside in weaker operating periods, and limit capacity to absorb project delays or customer stress, making capital allocation more sensitive to cashflow volatility.
Choppy Revenue & EarningsRecent back-and-forth top-line and episodic losses show underlying volatility in growth and earnings quality. This uneven performance weakens predictability of future cashflows and returns, complicating long-term planning, FID timing and reliable distributions during stress scenarios.
Geopolitical & Throughput ExposurePhysical disruptions from the Middle East conflict (e.g., ~8% Fujairah capacity out) highlight durable operational risks. With a portion of earnings (~10%) throughput-linked, supply shocks and rerouted trade flows can materially reduce variable revenues, delay customer FIDs and introduce sustained regional volatility.

Royal Vopak News

VPK FAQ

What was Royal Vopak NV’s price range in the past 12 months?
Royal Vopak NV lowest stock price was €36.20 and its highest was €48.80 in the past 12 months.
    What is Royal Vopak NV’s market cap?
    Royal Vopak NV’s market cap is €5.36B.
      When is Royal Vopak NV’s upcoming earnings report date?
      Royal Vopak NV’s upcoming earnings report date is Nov 04, 2026 which is in 90 days.
        How were Royal Vopak NV’s earnings last quarter?
        Royal Vopak NV released its earnings results on Jul 30, 2026. The company reported €1.648 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
          Is Royal Vopak NV overvalued?
          According to Wall Street analysts Royal Vopak NV’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Royal Vopak NV pay dividends?
            Royal Vopak NV does not currently pay dividends.
            What is Royal Vopak NV’s EPS estimate?
            Royal Vopak NV’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Royal Vopak NV have?
            Royal Vopak NV has 115,264,200 shares outstanding.
              What happened to Royal Vopak NV’s price movement after its last earnings report?
              Royal Vopak NV reported an EPS of €1.648 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 2.242%.
                Which hedge fund is a major shareholder of Royal Vopak NV?
                Currently, no hedge funds are holding shares in DE:VPK
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Royal Vopak Stock Smart Score

                  6
                  Neutral
                  1
                  2
                  3
                  4
                  5
                  6
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                  8
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                  10

                  Technicals

                  SMA
                  Negative
                  20 days / 200 days
                  Momentum
                  0.03%
                  12-Months-Change

                  Fundamentals

                  Return on Equity
                  3.62%
                  Trailing 12-Months
                  Asset Growth
                  3.37%
                  Trailing 12-Months

                  Company Description

                  Royal Vopak NV

                  Koninklijke Vopak N.V. operates as an independent, global provider of tank storage solutions, specializing in the secure storage and efficient handling of a wide array of bulk liquids and gases. Its core services encompass liquid chemicals, liquefied natural gas (LNG) and other gases, refined petroleum products, biofuels, and various vegetable oils. To facilitate these operations, the company owns and manages a comprehensive network of specialized infrastructure, which includes large-scale storage tanks, marine jetties for vessel access, dedicated truck loading facilities, and extensive pipeline systems. Vopak's significant global presence is marked by 73 terminals spread across 23 different countries, collectively offering a substantial storage capacity of 36.2 million cubic meters. With a rich heritage dating back to its founding in 1616, Koninklijke Vopak N.V. maintains its corporate headquarters in Rotterdam, the Netherlands.

                  Royal Vopak (VPK) Earnings & Revenues

                  VPK Company Deck

                  VPK Earnings Call

                  Q2 2026
                  0:00 / 0:00
                  Earnings Call Sentiment|Positive
                  The call conveyed a predominantly positive operational and financial start to 2026: healthy occupancy (91%), proportional EBITDA of EUR 295 million with ~4.2% organic growth, strong cash conversion (76%) and reaffirmed full‑year guidance (proportional EBITDA EUR 1.15–1.20 billion; operating free cash flow ~EUR 800 million). Management also highlighted clear progress on key growth projects (Gate tank #4, REEF LPG, Deer Park biofuels) and a disciplined capital allocation strategy including EUR 1.7 billion shareholder distributions and a EUR 4 billion investment ambition through 2030. The main negatives were elevated uncertainty and operational impacts from the Middle East conflict (including ~8% Fujairah capacity out of service), a small decline in gas terminal performance, and currency/divestment headwinds (EUR 15m and EUR 2m respectively). Taken together, the positives — solid organic growth, strong cash generation, low adjusted leverage and visible near‑term project commissions — materially outweigh the current geopolitical and FX headwinds, though management cautioned uncertainty remains and they will continue to monitor customer stress and FID timelines.View all DE:VPK earnings summaries
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