Koninklijke Vopak NV
AEX:VPK

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Koninklijke Vopak NV
AEX:VPK
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Price: 39.94 EUR -0.1% Market Closed
Market Cap: 4.7B EUR

Relative Value

The Relative Value of one VPK stock under the Base Case scenario is 54.93 EUR. Compared to the current market price of 39.94 EUR, Koninklijke Vopak NV is Undervalued by 27%.

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
54.93 EUR
Undervaluation 27%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
32
vs Industry
33
Median 3Y
2.7
Median 5Y
3
Industry
1.2
Forward
3.4
vs History
32
vs Industry
31
Median 3Y
8.4
Median 5Y
9.5
Industry
10
Forward
10.9
vs History
59
vs Industry
22
Median 3Y
4.9
Median 5Y
5.4
Industry
4.9
vs History
61
vs Industry
14
Median 3Y
11.5
Median 5Y
11.1
Industry
9.9
vs History
33
vs Industry
29
Median 3Y
1.4
Median 5Y
1.4
Industry
1.2
vs History
40
vs Industry
31
Median 3Y
4.6
Median 5Y
5.1
Industry
1.7
Forward
5.1
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
4.5
vs History
66
vs Industry
21
Median 3Y
10
Median 5Y
11.3
Industry
5.9
Forward
8
vs History
51
vs Industry
17
Median 3Y
17.5
Median 5Y
18.1
Industry
8.3
Forward
11.6
vs History
61
vs Industry
21
Median 3Y
7.6
Median 5Y
8.2
Industry
6.4
vs History
96
vs Industry
17
Median 3Y
14.3
Median 5Y
16.6
Industry
10.8
vs History
40
vs Industry
35
Median 3Y
1
Median 5Y
1.1
Industry
0.9

Multiples Across Competitors

VPK Competitors Multiples
Koninklijke Vopak NV Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
NL
Koninklijke Vopak NV
AEX:VPK
4.7B EUR 3.6 12.4 10 17.6
CA
Enbridge Inc
TSX:ENB
138B CAD 2.6 27.3 15.4 23.5
US
Williams Companies Inc
NYSE:WMB
74.5B USD 7.1 33.5 17.9 29.8
US
Enterprise Products Partners LP
NYSE:EPD
72.9B USD 1.3 12.5 11 14.8
US
Energy Transfer LP
NYSE:ET
64.6B USD 0.8 14.7 8.7 13.5
US
Kinder Morgan Inc
NYSE:KMI
63.8B USD 4.2 24.6 13.9 21.3
US
ONEOK Inc
NYSE:OKE
59.7B USD 2.7 19.7 14.5 17.8
US
MPLX LP
NYSE:MPLX
54.8B USD 4.6 12.8 11.1 13.8
US
Cheniere Energy Inc
NYSE:LNG
52.3B USD 3.3 16.1 9.9 11.9
CA
TC Energy Corp
TSX:TRP
73.3B CAD 5.3 16 15 22.2
US
Targa Resources Corp
NYSE:TRGP
44.6B USD 2.7 35.2 14.1 21.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NL
Koninklijke Vopak NV
AEX:VPK
Average EV/EBITDA: 12.9
10
9%
1.1
CA
Enbridge Inc
TSX:ENB
15.4
14%
1.1
US
Williams Companies Inc
NYSE:WMB
17.9
16%
1.1
US
Enterprise Products Partners LP
NYSE:EPD
11
7%
1.6
US
Energy Transfer LP
NYSE:ET
8.7
9%
1
US
Kinder Morgan Inc
NYSE:KMI
13.9
11%
1.3
US
ONEOK Inc
NYSE:OKE
14.5
15%
1
US
MPLX LP
NYSE:MPLX
11.1
7%
1.6
US
Cheniere Energy Inc
NYSE:LNG
9.9
0%
N/A
CA
TC Energy Corp
TSX:TRP
15
13%
1.2
US
Targa Resources Corp
NYSE:TRGP
14.1
12%
1.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NL
Koninklijke Vopak NV
AEX:VPK
Average EV/EBIT: 18.9
17.6
17%
1
CA
Enbridge Inc
TSX:ENB
23.5
11%
2.1
US
Williams Companies Inc
NYSE:WMB
29.8
15%
2
US
Enterprise Products Partners LP
NYSE:EPD
14.8
7%
2.1
US
Energy Transfer LP
NYSE:ET
13.5
9%
1.5
US
Kinder Morgan Inc
NYSE:KMI
21.3
13%
1.6
US
ONEOK Inc
NYSE:OKE
17.8
14%
1.3
US
MPLX LP
NYSE:MPLX
13.8
6%
2.3
US
Cheniere Energy Inc
NYSE:LNG
11.9
0%
N/A
CA
TC Energy Corp
TSX:TRP
22.2
16%
1.4
US
Targa Resources Corp
NYSE:TRGP
21.6
16%
1.4