Chemicals: 40%
Oil products: 35%
Liquefied natural gas (LNG): 15%
Industrial gases and others: 10%

TOP 3 Markets:
Europe: 45%
Asia: 35%
North America: 15%

The revenues of Koninklijke Vopak N.V. mainly come from the storage and handling of chemicals and oil products, which together account for 75% of total revenue. Liquefied natural gas and industrial gases also contribute significantly to revenue.

Geographically, Europe is the largest market for Vopak, followed by Asia and North America. These markets benefit from the strategic location of the terminals and the growing demand for storage capacity in these regions.

Production Sites: Distributed worldwide, with a focus on strategic port locations.

Koninklijke Vopak N.V. is a Dutch company specializing in the storage and handling of liquid and gaseous chemical and petrochemical products. Vopak does not produce products itself, but provides infrastructure for the storage and transportation of these materials.

The company operates terminals in over 20 countries, with locations often near important trade routes and industrial centers. The most significant regions include Europe, Asia, the Middle East, and North America. The strategic placement of the terminals allows Vopak to serve as a key hub in the global trade of chemicals and energy products.

Strategy Focus: Sustainability and Digitalization

Investments: 1 billion euros in green projects by 2030

Koninklijke Vopak N.V. pursues a growth strategy that is strongly focused on sustainability and digitalization. The company plans to expand its capacities in the renewable energy and sustainable chemicals sector. This includes investments in hydrogen infrastructure and CO2 storage.

Another focus is on digitizing storage and transportation processes to increase efficiency and safety. Vopak is investing in modern technologies to improve transparency and traceability in the supply chain.

In the long term, Vopak aims to significantly reduce its CO2 emissions and strengthen its position as a leading provider of infrastructure for the energy transition.

Main Commodities: Oil, Chemicals, Liquefied Natural Gas (LNG)

Countries of Origin:

• Oil: Saudi Arabia, Russia, USA
• Chemicals: Germany, China, USA
• LNG: Qatar, Australia, USA

Koninklijke Vopak N.V. is a leading company in the storage and transportation of liquid commodities. The company mainly imports oil, chemicals, and liquefied natural gas to serve its global storage and handling capacities.

The countries of origin vary depending on the commodity. Oil is mainly sourced from major exporting countries such as Saudi Arabia, Russia, and the USA. Chemicals are imported from industrialized countries like Germany, China, and the USA, which have a strong chemical industry. Liquefied natural gas is imported from countries like Qatar, Australia, and the USA, which are among the largest LNG producers in the world.

Vopak utilizes its strategically located terminals to efficiently store and distribute these commodities, enabling the company to flexibly respond to its customers' demand worldwide.

Market share: Approximately 10% in the global tank storage business (2023, estimate)
EBITDA margin: 45% (2023)
Net debt/EBITDA: 2.5x (2023)

Koninklijke Vopak N.V. is one of the world's leading independent providers of tank storage services. The company's competitive advantage lies in its global presence and the strategic location of its terminals, enabling it to efficiently meet the needs of its customers.

The high EBITDA margin of 45% indicates strong operational efficiency and pricing power, which is an indicator of a significant competitive advantage. Additionally, the company has a solid capital structure with a net debt/EBITDA ratio of 2.5x, signaling a healthy financial position that allows Vopak to invest in growth and innovation.

Vopak also benefits from long-term contracts with customers, ensuring stable revenues. Continuous investments in sustainability and digitalization further strengthen the company's competitive position in a changing market environment.

Institutional Investor Share: approximately 60% (estimated 2025)

Insider Buys/Sells: No significant transactions in the last year (estimated 2025)

The institutional investor share in Koninklijke Vopak N.V. typically stands at around 60%, indicating a strong trust from institutional investors in the company's business model and market position. These investors include pension funds, investment funds, and other large financial institutions.

In 2025, there were no significant insider transactions that could indicate exceptional trust or mistrust from the company's management. This suggests that the company's leadership expects a stable development of the business.

Market share of Koninklijke Vopak N.V.: Estimated 15% (2025)

Top competitors and their market shares:

1. Royal Dutch Shell (ENXTAM:RDSA): 18%
2. ExxonMobil (NYSE:XOM): 16%
3. Koninklijke Vopak N.V. (ENXTAM:VPK): 15%
4. TotalEnergies (EPA:TTE): 14%
5. BP (LSE:BP): 12%
6. Chevron (NYSE:CVX): 10%
7. ENI S.p.A. (BIT:ENI): 8%
8. Repsol S.A. (BME:REP): 7%
9. OMV AG (VIE:OMV): 5%
10. Petrobras (BVMF:PETR3): 4%

Moat of Koninklijke Vopak N.V.:

Koninklijke Vopak N.V. has a significant moat due to its global presence and specialized infrastructure for the storage and handling of liquid chemicals and gases. The strategic location of their terminals in key ports worldwide provides a logistical advantage that is hard to replicate. Additionally, Vopak benefits from long-term contracts with major industrial customers, ensuring stable revenues.

Compared to competitors, Vopak has a strong focus on sustainability and innovation in storage technology, giving them an additional competitive edge. However, companies like Royal Dutch Shell and ExxonMobil also have strong moats due to their vertically integrated business models and larger financial resources.

Overall, Vopak's moat is significant but not insurmountable. Competitors have advantages in some areas, such as raw material production and processing, that Vopak does not offer.

Revenue growth: 4.5% (2024) EBITDA margin: 45% (2024) Net debt to EBITDA ratio: 2.3x (2024)

Koninklijke Vopak N.V. recorded a revenue growth of 4.5% in 2024, attributed to stable demand for its services in the storage and handling of liquids sector. The EBITDA margin of 45% demonstrates strong operational efficiency and the company's ability to generate high profits from its revenues.

The net debt to EBITDA ratio of 2.3x indicates that the company has moderate debt levels, enabling it to invest in growth projects without jeopardizing its financial stability. This is particularly crucial in the capital-intensive industry in which Vopak operates.

Vopak consistently invests in expanding its capacities and modernizing its facilities to meet the increasing industry demands. These strategic investments could lead to further growth potential in the long term.

Overall, Vopak exhibits solid financial metrics and a strategic focus on sustainable growth. This could make the stock an attractive investment for investors seeking a stable and growth-oriented company.

Dividend Yield: 4.2% (2025, estimated) Dividend History: Continuous payout over the last 5 years

Koninklijke Vopak N.V. is known for its reliable dividend policy. The company has consistently paid out dividends in recent years, indicating a solid financial foundation and stable earnings. The estimated dividend yield for 2025 is around 4.2%, which is considered attractive compared to industry standards.

Vopak holds a strong market position in the storage and handling of liquid bulk goods, leading to stable cash flows. This stability supports the company's ability to regularly pay dividends. Analysts view Vopak's dividend policy as reliable, provided that no significant market changes or economic challenges occur.