Company Valuation: Vopak

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,863 3,480 3,820 4,761 4,366 5,389 - -
Change - -9.91% 9.75% 24.65% -8.3% 23.42% - -
Enterprise Value (EV) 1 6,788 6,531 6,106 7,433 7,066 8,099 8,205 8,267
Change - -3.79% -6.51% 21.73% -4.94% 14.62% 1.31% 0.75%
P/E 18x -20.7x 8.39x 13.6x 7.24x 14.2x 12.4x 11.1x
PBR 1.15x 1.17x 1.19x 1.65x 1.34x 1.55x 1.47x 1.37x
PEG - 0x -0x -1x 0.1x -0.4x 0.8x 1x
Capitalization / Revenue 3.15x 2.55x 2.68x 3.62x 3.36x 4.08x 3.97x 3.86x
EV / Revenue 5.53x 4.78x 4.28x 5.65x 5.44x 6.12x 6.05x 5.93x
EV / EBITDA 8.21x 7.36x 6.34x 7.95x 7.51x 8.54x 8.06x 7.75x
EV / EBIT 13.7x 11.9x 9.53x 11.9x 11.3x 14.1x 13.3x 12.9x
EV / FCF 35.9x 14.3x 13x 12.5x 12.7x 64.2x 36.2x 30.1x
FCF Yield 2.78% 7% 7.69% 7.99% 7.88% 1.56% 2.76% 3.32%
Dividend per Share 2 1.25 1.3 1.5 1.6 1.6 1.836 1.912 1.992
Rate of return 4.06% 4.68% 4.93% 3.76% 4.22% 3.9% 4.07% 4.24%
EPS 2 1.71 -1.34 3.63 3.12 5.23 3.302 3.787 4.228
Distribution rate 73.1% -97% 41.3% 51.3% 30.6% 55.6% 50.5% 47.1%
Net sales 1 1,228 1,367 1,426 1,316 1,299 1,322 1,356 1,395
EBITDA 1 826.6 887.2 963.5 934.6 940.4 948.4 1,018 1,067
EBIT 1 494.8 547.3 640.5 627.2 625.2 573.5 616.2 642.2
Net income 1 214.2 -168.4 455.7 375.7 604 379.2 433.3 481.4
Net Debt 1 2,925 3,051 2,286 2,672 2,700 2,710 2,816 2,878
Reference price 2 30.80 27.75 30.44 42.50 37.88 47.02 47.02 47.02
Nbr of stocks (in thousands) 125,433 125,416 125,484 112,029 115,264 114,608 - -
Announcement Date 2/16/22 2/15/23 2/14/24 2/19/25 2/25/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield