VOPAK (VPK.AS)
NL0009432491 - Common Stock
Overall VPK gets a fundamental rating of 4 out of 10. We evaluated VPK against 63 industry peers in the Oil, Gas & Consumable Fuels industry. VPK has a medium profitability rating, but doesn't score so well on its financial health evaluation. VPK has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year VPK was profitable.
VPK had a positive operating cash flow in the past year.
VPK had positive earnings in 4 of the past 5 years.
VPK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
VPK has a Return On Assets of 10.42%. This is in the better half of the industry: VPK outperforms 73.77% of its industry peers.
Looking at the Return On Equity, with a value of 22.52%, VPK is in the better half of the industry, outperforming 72.13% of the companies in the same industry.
VPK has a Return On Invested Capital (8.62%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for VPK is significantly below the industry average of 12.71%.
The 3 year average ROIC (4.99%) for VPK is below the current ROIC(8.62%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.42% | ||
| ROE | 22.52% | ||
| ROIC | 8.62% |
ROA(3y)2.49%
ROA(5y)4.19%
ROE(3y)5.07%
ROE(5y)8.78%
ROIC(3y)4.99%
ROIC(5y)5.05%
1.3 Margins
VPK's Profit Margin of 34.05% is amongst the best of the industry. VPK outperforms 88.52% of its industry peers.
VPK's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 27.98%, VPK is doing good in the industry, outperforming 65.57% of the companies in the same industry.
VPK's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.98% | ||
| PM (TTM) | 34.05% | ||
| GM | N/A |
OM growth 3Y3.88%
OM growth 5Y-0.58%
PM growth 3Y8.89%
PM growth 5Y9.52%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), VPK is creating some value.
Compared to 1 year ago, VPK has less shares outstanding
Compared to 5 years ago, VPK has less shares outstanding
VPK has a better debt/assets ratio than last year.
2.2 Solvency
VPK has an Altman-Z score of 1.98. This is not the best score and indicates that VPK is in the grey zone with still only limited risk for bankruptcy at the moment.
VPK has a Altman-Z score of 1.98. This is comparable to the rest of the industry: VPK outperforms 52.46% of its industry peers.
VPK has a debt to FCF ratio of 4.70. This is a neutral value as VPK would need 4.70 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.70, VPK is in line with its industry, outperforming 54.10% of the companies in the same industry.
A Debt/Equity ratio of 0.71 indicates that VPK is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.71, VPK is doing worse than 77.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 4.7 | ||
| Altman-Z | 1.98 |
ROIC/WACC1.34
WACC6.44%
2.3 Liquidity
VPK has a Current Ratio of 0.45. This is a bad value and indicates that VPK is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.45, VPK is doing worse than 98.36% of the companies in the same industry.
VPK has a Quick Ratio of 0.45. This is a bad value and indicates that VPK is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of VPK (0.45) is worse than 95.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.45 | ||
| Quick Ratio | 0.45 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 21.68% over the past year.
VPK shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.71% yearly.
The Revenue has decreased by -4.60% in the past year.
Measured over the past years, VPK shows a small growth in Revenue. The Revenue has been growing by 2.59% on average per year.
EPS 1Y (TTM)21.68%
EPS 3Y15.82%
EPS 5Y12.71%
EPS Q2Q%-44.42%
Revenue 1Y (TTM)-4.6%
Revenue growth 3Y6.21%
Revenue growth 5Y2.59%
Sales Q2Q%-55.22%
3.2 Future
Based on estimates for the next years, VPK will show a small growth in Earnings Per Share. The EPS will grow by 2.01% on average per year.
The Revenue is expected to decrease by -1.24% on average over the next years.
EPS Next Y-1.82%
EPS Next 2Y2.98%
EPS Next 3Y4.15%
EPS Next 5Y2.01%
Revenue Next Year-6.8%
Revenue Next 2Y-2.44%
Revenue Next 3Y-0.48%
Revenue Next 5Y-1.24%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.63, the valuation of VPK can be described as very cheap.
60.66% of the companies in the same industry are more expensive than VPK, based on the Price/Earnings ratio.
VPK is valuated cheaply when we compare the Price/Earnings ratio to 30.52, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.82, which indicates a very decent valuation of VPK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VPK indicates a slightly more expensive valuation: VPK is more expensive than 62.30% of the companies listed in the same industry.
VPK's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.63 | ||
| Fwd PE | 11.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VPK is valued a bit more expensive than the industry average as 70.49% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, VPK is valued a bit cheaper than the industry average as 65.57% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.97 | ||
| EV/EBITDA | 8.44 |
4.3 Compensation for Growth
The decent profitability rating of VPK may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.6
EPS Next 2Y2.98%
EPS Next 3Y4.15%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.56%, VPK has a reasonable but not impressive dividend return.
VPK's Dividend Yield is comparable with the industry average which is at 54.68.
Compared to an average S&P500 Dividend Yield of 2.26, VPK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.56% |
5.2 History
The dividend of VPK has a limited annual growth rate of 4.40%.
Dividend Growth(5Y)4.4%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
VPK pays out 26.44% of its income as dividend. This is a sustainable payout ratio.
VPK's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP26.44%
EPS Next 2Y2.98%
EPS Next 3Y4.15%
VOPAK
AMS:VPK (9/16/2024, 5:29:57 PM)
42.49
+0.19 (+0.45%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.10B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.56% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.63 | ||
| Fwd PE | 11.82 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.42% | ||
| ROE | 22.52% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 27.98% | ||
| PM (TTM) | 34.05% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.45 | ||
| Quick Ratio | 0.45 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)21.68%
EPS 3Y15.82%
EPS 5Y
EPS Q2Q%
EPS Next Y-1.82%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-4.6%
Revenue growth 3Y6.21%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y