Professional
Added to YB: 2026-01-09
Pitch date: 2026-01-07
VPK.AS [bullish]
Koninklijke Vopak N.V.
-1.27%
current return
Author Info
Alluvial Capital is an investment manager with a focus on overlooked and obscure securities around the world. Sign up for the newsletter.
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 4.5B
Pitch Price
EUR 39.50
Price Target
N/A
Dividend
4.13%
EV/EBITDA
8.01
P/E
9.58
EV/Sales
5.54
Sector
Oil, Gas and Consumable Fuels
Category
value
Are You A European Company With An Indian Subsidiary? IPO It! - Koninklijke Vopak N.V.
VPK.AS: 400-yr-old liquid storage operator at 11x fwd P/E, repurchased 8.1% shares recently. Pivoting to natural gas/low-carbon fuels w/ long-term contracts. AVT JV stake worth 25% mkt cap post-IPO. Adjusting for AVT, trades 6.7x 2026 EBITDA - too cheap for critical infrastructure quality.
Read full article (2 min)