Added to YB: 2026-07-24
Pitch date: 2026-07-22
VPK.AS [neutral]
Koninklijke Vopak N.V.
-0.21%
current return
Author Info
No bio for this author
Company Info
Koninklijke Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases, and oil products to the energy and manufacturing markets worldwide.
Market Cap
EUR 5.3B
Pitch Price
EUR 47.34
Price Target
N/A
Dividend
3.89%
EV/EBITDA
9.12
P/E
9.04
EV/Sales
6.19
Sector
Oil, Gas and Consumable Fuels
Category
N/A
Why Vopak's liquids hotel is more profitable than your go-to Hilton hotel
VPK.AS (overview): World's largest independent liquids storage operator, 75 terminals/21 countries. 30%+ net margins (vs hotels' 10-15%) driven by take-or-pay contracts, 70% multi-year, high switching costs, inflation-linked pricing, low labor. Toll-road-like durability, but capped upside — rev -1.4% CAGR/decade on divestitures. 91% occupancy.
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