Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Koninklijke Vopak N.V. (VPK.AS)

Company Dividend Discount ModelIndustry: Oil & Gas MidstreamSector: Energy

Valuation Snapshot

Stable Growth$71.91 - $111.22$90.14
Multi-Stage$130.38 - $143.26$136.70
Blended Fair Value$113.42
Current Price$42.22
Upside168.64%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS5.49%4.80%1.521.351.301.241.211.161.111.111.050.95
YoY Growth--12.51%4.02%4.19%3.01%3.99%4.85%0.07%5.02%11.06%0.00%
Dividend Yield--3.57%4.40%4.67%4.04%2.81%2.40%2.79%3.07%2.35%2.39%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)925.90
(-) Cash Dividends Paid (M)368.80
(=) Cash Retained (M)557.10
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)185.18115.7469.44
Cash Retained (M)557.10557.10557.10
(-) Cash Required (M)-185.18-115.74-69.44
(=) Excess Retained (M)371.92441.36487.66
(/) Shares Outstanding (M)120.99120.99120.99
(=) Excess Retained per Share3.073.654.03
LTM Dividend per Share3.053.053.05
(+) Excess Retained per Share3.073.654.03
(=) Adjusted Dividend6.126.707.08
WACC / Discount Rate7.41%7.41%7.41%
Growth Rate-1.01%-0.01%0.99%
Fair Value$71.91$90.14$111.22
Upside / Downside70.32%113.50%163.43%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)925.90925.77925.65925.52925.39925.26953.02
Payout Ratio39.83%49.87%59.90%69.93%79.97%90.00%92.50%
Projected Dividends (M)368.80461.64554.45647.24740.00832.74881.55

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.41%7.41%7.41%
Growth Rate-1.01%-0.01%0.99%
Year 1 PV (M)425.48429.78434.07
Year 2 PV (M)470.99480.56490.22
Year 3 PV (M)506.74522.26538.08
Year 4 PV (M)533.99555.89578.47
Year 5 PV (M)553.83582.38612.09
PV of Terminal Value (M)13,283.1313,967.7814,680.38
Equity Value (M)15,774.1616,538.6417,333.31
Shares Outstanding (M)120.99120.99120.99
Fair Value$130.38$136.70$143.26
Upside / Downside208.81%223.77%239.33%

High-Yield Dividend Screener

« Prev Page 29 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SUSuncor Energy Inc.5.07%$2.3153.29%
023410.KQEugene Corporation5.06%$183.4563.50%
7537.TMarubun Corporation5.06%$65.8855.36%
GLJ.DEGrenke AG5.06%$0.7954.91%
KZOS.MEKazan Public Joint Stock Company Organichesky sintez5.06%$3.3620.60%
LTLS.JKPT Lautan Luas Tbk5.06%$43.7440.34%
MDS-UN.TOHealthcare Special Opportunities Fund5.06%$0.5664.99%
PUUILO.HEPuuilo Oyj5.06%$0.6382.63%
VCI.VVitreous Glass Inc.5.06%$0.3791.09%
051600.KSKEPCO Plant Service & Engineering Co.,Ltd.5.05%$2,469.0084.53%
BLXBanco Latinoamericano de Comercio Exterior, S. A.5.05%$2.2137.06%
TLI.BKThai Life Insurance Public Company Limited5.05%$0.5047.29%
031330.KQSAMT Co., Ltd.5.04%$200.0045.01%
DCR.WADecora S.A.5.04%$3.7855.77%
PST.MIPoste Italiane S.p.A.5.04%$1.0965.05%
RDX.AXRedox Limited5.04%$0.1554.66%
UPOIC.BKUnited Palm Oil Industry Public Company Limited5.04%$0.3361.35%
WKL.ASWolters Kluwer N.V.5.04%$4.4348.01%
000600.SZJointo Energy Investment Co., Ltd. Hebei5.03%$0.4345.84%
0QNN.LBurckhardt Compression Holding AG5.03%$27.4847.49%
002233.SZGuangdong Tapai Group Co., Ltd.5.02%$0.4570.96%
9308.TInui Global Logistics Co., Ltd.5.02%$68.9239.29%
FFI.AXFFI Holdings Limited5.02%$0.2431.68%
SJWD.BKSCGJWD Logistics Public Company Limited5.02%$0.3762.75%
007590.KSDONGBANG AGRO Corporation5.01%$300.1154.47%
0151.HKWant Want China Holdings Limited5.01%$0.2363.82%
2971.TEscon Japan REIT Investment Corporation5.01%$6,447.9060.16%
BBL-R.BKBangkok Bank Public Company Limited5.01%$8.5034.27%
DIC.AEDubai Investments PJSC5.01%$0.1858.95%
006390.KSHanil Hyundai Cement Co., Ltd5.00%$900.0433.14%
600998.SSJointown Pharmaceutical Group Co., Ltd5.00%$0.2646.36%
7020.SREtihad Etisalat Company5.00%$3.3172.99%
KA8.DEKlassik Radio AG5.00%$0.1595.39%
ORDS.QAOoredoo Q.P.S.C.4.99%$0.6557.81%
002616.SZGuangdong Chant Group Inc.4.98%$0.2771.11%
039130.KSHanatour Service Inc.4.98%$2,419.0255.18%
1264.TWOTehmag Foods Corporation4.98%$13.9967.27%
1295.KLPublic Bank Berhad4.98%$0.2260.48%
AW-UN.TOA&W Revenue Royalties Income Fund4.98%$1.8492.91%
WPK.TOWinpak Ltd.4.98%$2.2699.45%
000776.SZGF Securities Co., Ltd.4.97%$1.0960.30%
5236.KLMatrix Concepts Holdings Berhad4.97%$0.0756.54%
601298.SSQingdao Port International Co., Ltd.4.97%$0.4149.05%
7133.KLUnited U-LI Corporation Berhad4.97%$0.0846.08%
9925.TWTaiwan Shin Kong Security Co., Ltd.4.97%$2.0281.40%
034590.KSIncheon City Gas Co., Ltd.4.96%$1,251.1528.53%
0QP4.ILGeorg Fischer AG4.96%$2.6644.86%
4163.SRAl-Dawaa Medical Services Company4.96%$2.5157.67%
9163.TNareru Group Inc.4.96%$114.0343.61%
CPFE3.SACPFL Energia S.A.4.96%$2.6656.33%