Royal Vopak N.V
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. It operates gas, industrial, chemical, and oil terminals; and owns and operates facilities consisting of tanks, jetties, truck loading stations, and pipelines. The company also stores and handles chemicals, such as methanol, x… Read more
Royal Vopak N.V (VPK5) - Net Assets
Latest net assets as of June 2025: €3.09 Billion EUR
Based on the latest financial reports, Royal Vopak N.V (VPK5) has net assets worth €3.09 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€6.68 Billion) and total liabilities (€3.58 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.09 Billion |
| % of Total Assets | 46.35% |
| Annual Growth Rate | 4.85% |
| 5-Year Change | 3.8% |
| 10-Year Change | 50.18% |
| Growth Volatility | 7.51 |
Royal Vopak N.V - Net Assets Trend (2013–2024)
This chart illustrates how Royal Vopak N.V's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Royal Vopak N.V (2013–2024)
The table below shows the annual net assets of Royal Vopak N.V from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.24 Billion | -3.91% |
| 2023-12-31 | €3.38 Billion | +7.31% |
| 2022-12-31 | €3.15 Billion | -5.96% |
| 2021-12-31 | €3.35 Billion | +7.04% |
| 2020-12-31 | €3.13 Billion | -2.18% |
| 2019-12-31 | €3.20 Billion | +12.33% |
| 2018-12-31 | €2.84 Billion | +7.91% |
| 2017-12-31 | €2.64 Billion | +3.01% |
| 2016-12-31 | €2.56 Billion | +18.45% |
| 2015-12-31 | €2.16 Billion | +13.54% |
| 2014-12-31 | €1.90 Billion | -1.28% |
| 2013-12-31 | €1.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Royal Vopak N.V's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 93.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.16 Billion | 102.06% |
| Total Equity | €3.10 Billion | 100.00% |
Royal Vopak N.V Competitors by Market Cap
The table below lists competitors of Royal Vopak N.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Wanfeng Auto Wheel Co Ltd
SHE:002085
|
$2.81 Billion |
|
Dyne Therapeutics Inc
NASDAQ:DYN
|
$2.81 Billion |
|
Incitec Pivot Ltd
AU:IPL
|
$2.81 Billion |
|
GoTo Gojek Tokopedia PT
JK:GOTO
|
$2.81 Billion |
|
LEGEND BIOTECH SP.ADS/2
F:9LB
|
$2.81 Billion |
|
NHPC Limited
NSE:NHPC
|
$2.81 Billion |
|
Eregli Demir ve Celik Fabrikalari TAS
IS:EREGL
|
$2.81 Billion |
|
Hera S.p.A
PINK:HRASF
|
$2.80 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Royal Vopak N.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,223,200,000 to 3,097,200,000, a change of -126,000,000 (-3.9%).
- Net income of 375,700,000 contributed positively to equity growth.
- Dividend payments of 183,500,000 reduced retained earnings.
- Share repurchases of 308,200,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €375.70 Million | +12.13% |
| Dividends Paid | €183.50 Million | -5.92% |
| Share Repurchases | €308.20 Million | -9.95% |
| Other Changes | €-10.00 Million | -0.32% |
| Total Change | €- | -3.91% |
Book Value vs Market Value Analysis
This analysis compares Royal Vopak N.V's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.80x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.45x to 1.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €19.43 | €47.60 | x |
| 2018-12-31 | €21.01 | €47.60 | x |
| 2019-12-31 | €23.88 | €47.60 | x |
| 2020-12-31 | €23.77 | €47.60 | x |
| 2021-12-31 | €25.44 | €47.60 | x |
| 2022-12-31 | €23.80 | €47.60 | x |
| 2023-12-31 | €25.76 | €47.60 | x |
| 2024-12-31 | €26.45 | €47.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Royal Vopak N.V utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.13%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.56%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 2.20x
- Recent ROE (12.13%) is above the historical average (11.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 17.60% | 24.36% | 0.27x | 2.67x | €137.55 Million |
| 2014 | 14.24% | 18.74% | 0.25x | 3.08x | €74.58 Million |
| 2015 | 14.04% | 20.13% | 0.26x | 2.74x | €81.26 Million |
| 2016 | 22.25% | 39.65% | 0.24x | 2.33x | €294.03 Million |
| 2017 | 9.49% | 18.03% | 0.26x | 2.06x | €-12.60 Million |
| 2018 | 9.49% | 20.29% | 0.23x | 2.06x | €-13.78 Million |
| 2019 | 18.74% | 45.59% | 0.20x | 2.09x | €266.27 Million |
| 2020 | 10.09% | 25.29% | 0.18x | 2.19x | €2.83 Million |
| 2021 | 6.72% | 17.44% | 0.17x | 2.22x | €-104.67 Million |
| 2022 | -5.64% | -12.32% | 0.20x | 2.34x | €-466.87 Million |
| 2023 | 14.14% | 31.97% | 0.21x | 2.06x | €133.38 Million |
| 2024 | 12.13% | 28.56% | 0.19x | 2.20x | €65.98 Million |
Industry Comparison
This section compares Royal Vopak N.V's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $2,703,138,918
- Average return on equity (ROE) among peers: -4882.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Royal Vopak N.V (VPK5) | €3.09 Billion | 17.60% | 1.16x | $2.81 Billion |
| HENGYANG PETROCHEM (5HY.SG) (5HY) | $571.85 Million | 3.31% | 0.00x | $3.68 Million |
| D0X (D0X) | $29.68 Million | -20.69% | 0.18x | $54.13 Million |
| Byhmgard AB (publ) (EF8) | $402.00K | -29235.07% | 73.37x | $152.92 |
| MARATHON RESOURCES (LVT) | $73.02 Million | -7.67% | 0.77x | $42.18 Million |
| Sinopec Kantons Holdings Limited (SAK) | $15.40 Billion | 6.82% | 0.03x | $449.45 Million |
| AB Klaipedos nafta (XIC) | $144.71 Million | -44.23% | 2.95x | $26.14 Million |