Koninklijke Vopak NV
AEX:VPK

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Koninklijke Vopak NV
AEX:VPK
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Price: 38.14 EUR 0.69% Market Closed
Market Cap: 4.4B EUR

Relative Value

The Relative Value of one VPK stock under the Base Case scenario is 63.99 EUR. Compared to the current market price of 38.14 EUR, Koninklijke Vopak NV is Undervalued by 40%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

VPK Relative Value
Base Case
63.99 EUR
Undervaluation 40%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
69
vs Industry
24
Median 3Y
2.8
Median 5Y
2.9
Industry
1.4
Forward
3
vs History
77
vs Industry
19
Median 3Y
8.3
Median 5Y
9.1
Industry
12.2
Forward
11.2
vs History
60
vs Industry
27
Median 3Y
5.1
Median 5Y
5.2
Industry
5.2
vs History
74
vs Industry
29
Median 3Y
7.4
Median 5Y
11.1
Industry
11.1
vs History
39
vs Industry
29
Median 3Y
1.5
Median 5Y
1.4
Industry
1.3
vs History
74
vs Industry
23
Median 3Y
4.5
Median 5Y
4.7
Industry
2.2
Forward
4.8
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
5.3
vs History
77
vs Industry
17
Median 3Y
9.2
Median 5Y
10.1
Industry
6.7
Forward
7.6
vs History
77
vs Industry
13
Median 3Y
15.4
Median 5Y
17.7
Industry
10.1
Forward
10.5
vs History
47
vs Industry
25
Median 3Y
7.7
Median 5Y
8.1
Industry
7
vs History
73
vs Industry
22
Median 3Y
13.6
Median 5Y
14.7
Industry
11.6
vs History
34
vs Industry
32
Median 3Y
1.1
Median 5Y
1.1
Industry
1

Multiples Across Competitors

VPK Competitors Multiples
Koninklijke Vopak NV Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NL
Koninklijke Vopak NV
AEX:VPK
4.4B EUR 2.7 7.7 8.7 14.3
CA
Enbridge Inc
TSX:ENB
144.1B CAD 2.2 25.7 14.9 22.5
US
Williams Companies Inc
NYSE:WMB
74.4B USD 6.5 31.4 16 25.4
US
Enterprise Products Partners LP
NYSE:EPD
69.6B USD 1.3 12.1 10.7 14.7
US
Kinder Morgan Inc
NYSE:KMI
61.6B USD 3.8 22.7 13.5 20.8
CA
TC Energy Corp
TSX:TRP
80B CAD 6.4 23.6 16.1 23.6
US
Energy Transfer LP
NYSE:ET
57B USD 0.7 13.2 7.9 12.6
US
MPLX LP
NYSE:MPLX
54.8B USD 4.3 11.4 10.8 13.3
US
ONEOK Inc
NYSE:OKE
46.8B USD 1.5 14 10.5 13.1
US
Cheniere Energy Inc
NYSE:LNG
43B USD 2.3 10.7 7.7 9.1
US
Targa Resources Corp
NYSE:TRGP
40.1B USD 2.3 24.8 12.3 18.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NL
Koninklijke Vopak NV
AEX:VPK
Average EV/EBITDA: 11.7
8.7
12%
0.7
CA
Enbridge Inc
TSX:ENB
14.9
14%
1.1
US
Williams Companies Inc
NYSE:WMB
16
19%
0.8
US
Enterprise Products Partners LP
NYSE:EPD
10.7
5%
2.1
US
Kinder Morgan Inc
NYSE:KMI
13.5
11%
1.2
CA
TC Energy Corp
TSX:TRP
16.1
13%
1.2
US
Energy Transfer LP
NYSE:ET
7.9
9%
0.9
US
MPLX LP
NYSE:MPLX
10.8
8%
1.4
US
ONEOK Inc
NYSE:OKE
10.5
13%
0.8
US
Cheniere Energy Inc
NYSE:LNG
7.7
0%
N/A
US
Targa Resources Corp
NYSE:TRGP
12.3
14%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NL
Koninklijke Vopak NV
AEX:VPK
Average EV/EBIT: 17.1
14.3
24%
0.6
CA
Enbridge Inc
TSX:ENB
22.5
15%
1.5
US
Williams Companies Inc
NYSE:WMB
25.4
23%
1.1
US
Enterprise Products Partners LP
NYSE:EPD
14.7
5%
2.9
US
Kinder Morgan Inc
NYSE:KMI
20.8
11%
1.9
CA
TC Energy Corp
TSX:TRP
23.6
16%
1.5
US
Energy Transfer LP
NYSE:ET
12.6
7%
1.8
US
MPLX LP
NYSE:MPLX
13.3
7%
1.9
US
ONEOK Inc
NYSE:OKE
13.1
10%
1.3
US
Cheniere Energy Inc
NYSE:LNG
9.1
-1%
N/A
US
Targa Resources Corp
NYSE:TRGP
18.2
15%
1.2