VOPKF (Koninklijke Vopak NV) Scaled Net Operating Assets: 0.93 (As of Dec. 2025)


VOPKF Koninklijke Vopak NV VOPKF
77 GF Score
Price $52.70
GF Value $44.55
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Koninklijke Vopak NV Scaled Net Operating Assets?

Koninklijke Vopak NV VOPKF -1.03% 77 Scaled Net Operating Assets is 0.93 as of Dec. 2025. GuruFocus rates VOPKF with a GF Score™ of 77/100 and a GF Value™ of $44.55 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Koninklijke Vopak NV's operating assets for the quarter that ended in Dec. 2025 was $7,992 Mil. Koninklijke Vopak NV's operating liabilities for the quarter that ended in Dec. 2025 was $866 Mil. Koninklijke Vopak NV's Total Assets for the quarter that ended in Jun. 2025 was $7,702 Mil. Therefore, Koninklijke Vopak NV's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.93.


Koninklijke Vopak NV Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Koninklijke Vopak NV's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Koninklijke Vopak NV Scaled Net Operating Assets Chart

Koninklijke Vopak NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.82 0.83 0.85 1.00

Koninklijke Vopak NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 0.85 0.86 0.94 0.93

VOPKF vs WMB, EPD, KMI: Scaled Net Operating Assets Comparison

For the Oil & Gas Midstream subindustry, Koninklijke Vopak NV's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Koninklijke Vopak NV Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Koninklijke Vopak NV's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Koninklijke Vopak NV's Scaled Net Operating Assets falls into.


VOPKF
77GF Score
Koninklijke Vopak NV VOPKF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Koninklijke Vopak NV Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Koninklijke Vopak NV's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(7991.803-866.393)/7122.827
=1.00

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8108.314 - 116.511
=7991.803

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4144.379 - 3059.485 - 218.501
=866.393

Koninklijke Vopak NV's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(7991.803-866.393)/7701.615
=0.93

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8108.314 - 116.511
=7991.803

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4144.379 - 3059.485 - 218.501
=866.393

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.93 mean?
Koninklijke Vopak NV (VOPKF) has a Scaled Net Operating Assets of 0.93 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Koninklijke Vopak NV and its competitors.
Is Koninklijke Vopak NV's Scaled Net Operating Assets too high?
Koninklijke Vopak NV's current Scaled Net Operating Assets is 0.93. Overall, Koninklijke Vopak NV has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koninklijke Vopak NV's Scaled Net Operating Assets compare to WMB and EPD?
Koninklijke Vopak NV's Scaled Net Operating Assets of 0.93 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Koninklijke Vopak NV and its competitors. Koninklijke Vopak NV's current Scaled Net Operating Assets is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koninklijke Vopak NV stock overvalued right now?
Based on GuruFocus' analysis, Koninklijke Vopak NV (VOPKF) is currently considered Modestly Overvalued. The stock's GF Value™ is $44.55, compared to a current price of $52.70 — trading 18.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.93. Koninklijke Vopak NV's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Koninklijke Vopak NV (VOPKF), the current Scaled Net Operating Assets is 0.93 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Koninklijke Vopak NV (VOPKF) Overvalued in 2026?

Based on GuruFocus' analysis, Koninklijke Vopak NV stock appears to be overvalued. The current stock price of $52.70 is trading 18.3% above its estimated GF Value™ of $44.55. GuruFocus considers Koninklijke Vopak NV to be Modestly Overvalued.

Key valuation signals for VOPKF:

  • Scaled Net Operating Assets: 0.93
  • GF Value™: $44.55 vs. price of $52.70 (18.3% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the VOPKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koninklijke Vopak NV Business Description

Industry EnergyOil & Gas
Address Westerlaan 10, Rotterdam, NLD, 3016 CK
Koninklijke Vopak NV is a tank storage provider for the oil and chemical industry. The company provides storage facilities and handling services for bulk liquid products and gases, including oil, chemicals, gases, liquefied natural gas, and biofuels. It operates a network of terminals located at strategic locations along key trade routes around the world. The company organizes itself into the following six reporting segments, which are principally based on its geographical markets: Asia & Middle East, China & North Asia, Netherlands, Singapore, USA & Canada, and All other Business Units (consisting of business units Brazil, North Latin America, South Africa, and Belgium). The majority of its revenue is generated from the Netherlands.
77GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$52.70
Price
$44.55
GF Value