VOPAK (VPK.AS) Stock Fundamental Analysis
AMS:VPK - Euronext Amsterdam - NL0009432491 - Common Stock - Currency: EUR
VPK gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 59 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of VPK while its profitability can be described as average. VPK has a valuation in line with the averages, but on the other hand it scores bad on growth. VPK also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
VPK had positive earnings in the past year.
VPK had a positive operating cash flow in the past year.
VPK had positive earnings in 4 of the past 5 years.
VPK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of VPK (8.54%) is better than 74.58% of its industry peers.
VPK's Return On Equity of 18.75% is fine compared to the rest of the industry. VPK outperforms 69.49% of its industry peers.
With a decent Return On Invested Capital value of 8.55%, VPK is doing good in the industry, outperforming 62.71% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for VPK is significantly below the industry average of 14.75%.
The last Return On Invested Capital (8.55%) for VPK is above the 3 year average (5.46%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.54% | ||
| ROE | 18.75% | ||
| ROIC | 8.55% |
ROA(3y)3.32%
ROA(5y)3.5%
ROE(3y)6.88%
ROE(5y)7.46%
ROIC(3y)5.46%
ROIC(5y)4.98%
1.3 Margins
VPK's Profit Margin of 29.50% is amongst the best of the industry. VPK outperforms 86.44% of its industry peers.
VPK's Profit Margin has declined in the last couple of years.
VPK has a Operating Margin of 30.74%. This is in the better half of the industry: VPK outperforms 69.49% of its industry peers.
VPK's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.74% | ||
| PM (TTM) | 29.5% | ||
| GM | N/A |
OM growth 3Y6.79%
OM growth 5Y1.09%
PM growth 3Y17.86%
PM growth 5Y-8.93%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VPK is creating some value.
Compared to 1 year ago, VPK has less shares outstanding
VPK has less shares outstanding than it did 5 years ago.
The debt/assets ratio for VPK is higher compared to a year ago.
2.2 Solvency
VPK has an Altman-Z score of 1.92. This is not the best score and indicates that VPK is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of VPK (1.92) is comparable to the rest of the industry.
VPK has a debt to FCF ratio of 4.76. This is a neutral value as VPK would need 4.76 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 4.76, VPK is doing good in the industry, outperforming 62.71% of the companies in the same industry.
A Debt/Equity ratio of 0.79 indicates that VPK is somewhat dependend on debt financing.
The Debt to Equity ratio of VPK (0.79) is worse than 76.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.76 | ||
| Altman-Z | 1.92 |
ROIC/WACC1.22
WACC6.98%
2.3 Liquidity
VPK has a Current Ratio of 0.61. This is a bad value and indicates that VPK is not financially healthy enough and could expect problems in meeting its short term obligations.
VPK's Current ratio of 0.61 is on the low side compared to the rest of the industry. VPK is outperformed by 94.92% of its industry peers.
A Quick Ratio of 0.61 indicates that VPK may have some problems paying its short term obligations.
The Quick ratio of VPK (0.61) is worse than 91.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The earnings per share for VPK have decreased strongly by -14.15% in the last year.
The Earnings Per Share has been decreasing by -6.97% on average over the past years.
The Revenue has decreased by -7.72% in the past year.
The Revenue has been growing slightly by 0.99% on average over the past years.
EPS 1Y (TTM)-14.15%
EPS 3Y-10.91%
EPS 5Y-6.97%
EPS Q2Q%N/A
Revenue 1Y (TTM)-7.72%
Revenue growth 3Y2.33%
Revenue growth 5Y0.99%
Sales Q2Q%-7.65%
3.2 Future
VPK is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.24% yearly.
Based on estimates for the next years, VPK will show a small growth in Revenue. The Revenue will grow by 0.50% on average per year.
EPS Next Y115.13%
EPS Next 2Y51.4%
EPS Next 3Y34.77%
EPS Next 5Y22.24%
Revenue Next Year2.69%
Revenue Next 2Y2.87%
Revenue Next 3Y2.59%
Revenue Next 5Y0.5%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.00, which indicates a rather expensive current valuation of VPK.
Compared to the rest of the industry, the Price/Earnings ratio of VPK indicates a slightly more expensive valuation: VPK is more expensive than 69.49% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.20, VPK is valued at the same level.
A Price/Forward Earnings ratio of 10.49 indicates a reasonable valuation of VPK.
VPK's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.13. VPK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24 | ||
| Fwd PE | 10.49 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VPK is valued a bit more expensive than 69.49% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, VPK is valued a bit cheaper than the industry average as 72.88% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.17 | ||
| EV/EBITDA | 7.98 |
4.3 Compensation for Growth
VPK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of VPK may justify a higher PE ratio.
A more expensive valuation may be justified as VPK's earnings are expected to grow with 34.77% in the coming years.
PEG (NY)0.21
PEG (5Y)N/A
EPS Next 2Y51.4%
EPS Next 3Y34.77%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.09%, VPK is a good candidate for dividend investing.
VPK's Dividend Yield is comparable with the industry average which is at 60.24.
VPK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.09% |
5.2 History
The dividend of VPK is nicely growing with an annual growth rate of 6.60%!
Dividend Growth(5Y)6.6%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
VPK pays out 31.59% of its income as dividend. This is a sustainable payout ratio.
The dividend of VPK is growing, but earnings are growing more, so the dividend growth is sustainable.
DP31.59%
EPS Next 2Y51.4%
EPS Next 3Y34.77%
AMS:VPK (5/29/2025, 5:29:40 PM)
40.32
+0.24 (+0.6%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners26.76%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap4.75B
Analysts76
Price Target47.07 (16.74%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.09% |
Yearly Dividend1.51
Dividend Growth(5Y)6.6%
DP31.59%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)1.47%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.97%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24 | ||
| Fwd PE | 10.49 | ||
| P/S | 2.41 | ||
| P/FCF | 8.17 | ||
| P/OCF | 5.18 | ||
| P/B | 1.53 | ||
| P/tB | 1.59 | ||
| EV/EBITDA | 7.98 |
EPS(TTM)1.68
EY4.17%
EPS(NY)3.84
Fwd EY9.53%
FCF(TTM)4.94
FCFY12.24%
OCF(TTM)7.79
OCFY19.31%
SpS16.71
BVpS26.29
TBVpS25.41
PEG (NY)0.21
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.54% | ||
| ROE | 18.75% | ||
| ROCE | 10.21% | ||
| ROIC | 8.55% | ||
| ROICexc | 8.69% | ||
| ROICexgc | 8.84% | ||
| OM | 30.74% | ||
| PM (TTM) | 29.5% | ||
| GM | N/A | ||
| FCFM | 29.54% |
ROA(3y)3.32%
ROA(5y)3.5%
ROE(3y)6.88%
ROE(5y)7.46%
ROIC(3y)5.46%
ROIC(5y)4.98%
ROICexc(3y)5.57%
ROICexc(5y)5.07%
ROICexgc(3y)5.67%
ROICexgc(5y)5.17%
ROCE(3y)6.53%
ROCE(5y)6.03%
ROICexcg growth 3Y12.64%
ROICexcg growth 5Y0.13%
ROICexc growth 3Y12.64%
ROICexc growth 5Y0.39%
OM growth 3Y6.79%
OM growth 5Y1.09%
PM growth 3Y17.86%
PM growth 5Y-8.93%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 4.76 | ||
| Debt/EBITDA | 2.69 | ||
| Cap/Depr | 109.21% | ||
| Cap/Sales | 17.05% | ||
| Interest Coverage | 5.09 | ||
| Cash Conversion | 100.5% | ||
| Profit Quality | 100.14% | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 1.92 |
F-Score4
WACC6.98%
ROIC/WACC1.22
Cap/Depr(3y)116.99%
Cap/Depr(5y)144.62%
Cap/Sales(3y)27.6%
Cap/Sales(5y)35.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-14.15%
EPS 3Y-10.91%
EPS 5Y-6.97%
EPS Q2Q%N/A
EPS Next Y115.13%
EPS Next 2Y51.4%
EPS Next 3Y34.77%
EPS Next 5Y22.24%
Revenue 1Y (TTM)-7.72%
Revenue growth 3Y2.33%
Revenue growth 5Y0.99%
Sales Q2Q%-7.65%
Revenue Next Year2.69%
Revenue Next 2Y2.87%
Revenue Next 3Y2.59%
Revenue Next 5Y0.5%
EBIT growth 1Y1.49%
EBIT growth 3Y9.28%
EBIT growth 5Y2.09%
EBIT Next Year30.7%
EBIT Next 3Y12.95%
EBIT Next 5Y2.83%
FCF growth 1Y31.05%
FCF growth 3Y52.65%
FCF growth 5Y87.95%
OCF growth 1Y6.94%
OCF growth 3Y10.39%
OCF growth 5Y7.33%