PARK HOTELS & RESORTS INC (PK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PK - US7005171050 - REIT
10.48 USD
-0.21 (-1.96%)
10.5 USD
+0.02 (+0.19%)
Taking everything into account, PK scores 3 out of 10 in our fundamental rating. PK was compared to 128 industry peers in the Diversified REITs industry. PK has a bad profitability rating. Also its financial health evaluation is rather negative. PK is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PK had negative earnings in the past year.
PK had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: PK reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: PK reported negative operating cash flow in multiple years.
1.2 Ratios
PK's Return On Assets of -0.14% is in line compared to the rest of the industry. PK outperforms 42.19% of its industry peers.
PK has a Return On Equity (-0.35%) which is in line with its industry peers.
PK has a Return On Invested Capital of 1.93%. This is in the lower half of the industry: PK underperforms 67.19% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PK is in line with the industry average of 3.06%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.14% | ||
| ROE | -0.35% | ||
| ROIC | 1.93% |
ROA(3y)1.67%
ROA(5y)-2.66%
ROE(3y)4.02%
ROE(5y)-5.53%
ROIC(3y)2.67%
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of PK has declined.
The Operating Margin of PK (8.36%) is worse than 79.69% of its industry peers.
In the last couple of years the Operating Margin of PK has declined.
PK has a worse Gross Margin (64.88%) than 60.16% of its industry peers.
In the last couple of years the Gross Margin of PK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.36% | ||
| PM (TTM) | N/A | ||
| GM | 64.88% |
OM growth 3YN/A
OM growth 5Y-4.28%
PM growth 3YN/A
PM growth 5Y-5.48%
GM growth 3Y-0.22%
GM growth 5Y0.08%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PK is destroying value.
Compared to 1 year ago, PK has less shares outstanding
The number of shares outstanding for PK has been reduced compared to 5 years ago.
The debt/assets ratio for PK is higher compared to a year ago.
2.2 Solvency
PK has an Altman-Z score of 0.45. This is a bad value and indicates that PK is not financially healthy and even has some risk of bankruptcy.
PK has a Altman-Z score (0.45) which is in line with its industry peers.
The Debt to FCF ratio of PK is 37.41, which is on the high side as it means it would take PK, 37.41 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 37.41, PK is in the better half of the industry, outperforming 71.09% of the companies in the same industry.
PK has a Debt/Equity ratio of 1.35. This is a high value indicating a heavy dependency on external financing.
PK has a Debt to Equity ratio of 1.35. This is comparable to the rest of the industry: PK outperforms 48.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | 37.41 | ||
| Altman-Z | 0.45 |
ROIC/WACC0.34
WACC5.75%
2.3 Liquidity
A Current Ratio of 0.53 indicates that PK may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.53, PK is doing worse than 82.03% of the companies in the same industry.
PK has a Quick Ratio of 0.53. This is a bad value and indicates that PK is not financially healthy enough and could expect problems in meeting its short term obligations.
PK's Quick ratio of 0.53 is on the low side compared to the rest of the industry. PK is outperformed by 82.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.53 |
3. Growth
3.1 Past
The earnings per share for PK have decreased strongly by -104.43% in the last year.
PK shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.46% yearly.
PK shows a decrease in Revenue. In the last year, the revenue decreased by -3.57%.
The Revenue has been decreasing by -1.79% on average over the past years.
EPS 1Y (TTM)-104.43%
EPS 3YN/A
EPS 5Y-6.46%
EPS Q2Q%-130.77%
Revenue 1Y (TTM)-3.57%
Revenue growth 3Y24.03%
Revenue growth 5Y-1.79%
Sales Q2Q%-6.01%
3.2 Future
Based on estimates for the next years, PK will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.66% on average per year.
PK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.57% yearly.
EPS Next Y-132.02%
EPS Next 2Y-37.63%
EPS Next 3Y-21.37%
EPS Next 5Y13.66%
Revenue Next Year-1.58%
Revenue Next 2Y0.24%
Revenue Next 3Y1.2%
Revenue Next 5Y3.57%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
PK reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 26.68 indicates a quite expensive valuation of PK.
79.69% of the companies in the same industry are more expensive than PK, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of PK to the average of the S&P500 Index (35.40), we can say PK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 26.68 |
4.2 Price Multiples
PK's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PK is cheaper than 74.22% of the companies in the same industry.
PK's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PK is cheaper than 80.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.17 | ||
| EV/EBITDA | 11.69 |
4.3 Compensation for Growth
A cheap valuation may be justified as PK's earnings are expected to decrease with -21.37% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-37.63%
EPS Next 3Y-21.37%
5. Dividend
5.1 Amount
PK has a Yearly Dividend Yield of 9.23%, which is a nice return.
PK's Dividend Yield is rather good when compared to the industry average which is at 6.34. PK pays more dividend than 85.94% of the companies in the same industry.
PK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.23% |
5.2 History
The dividend of PK has a limited annual growth rate of 2.02%.
PK has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)2.02%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PK has negative earnings and hence a negative payout ratio. The dividend may be in danger.
PK's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-2358.33%
EPS Next 2Y-37.63%
EPS Next 3Y-21.37%
10.48
-0.21 (-1.96%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners107.17%
Inst Owner Change1.42%
Ins Owners1.99%
Ins Owner Change0.55%
Market Cap2.09B
Revenue(TTM)2.54B
Net Income(TTM)-12.00M
Analysts70
Price Target12.12 (15.65%)
Short Float %18.12%
Short Ratio10.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.23% |
Yearly Dividend2.48
Dividend Growth(5Y)2.02%
DP-2358.33%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-233.64%
Min EPS beat(2)-358.9%
Max EPS beat(2)-108.38%
EPS beat(4)1
Avg EPS beat(4)-140.53%
Min EPS beat(4)-538.56%
Max EPS beat(4)443.72%
EPS beat(8)5
Avg EPS beat(8)-1.33%
EPS beat(12)8
Avg EPS beat(12)-12.4%
EPS beat(16)11
Avg EPS beat(16)15.88%
Revenue beat(2)0
Avg Revenue beat(2)-2.43%
Min Revenue beat(2)-2.6%
Max Revenue beat(2)-2.25%
Revenue beat(4)1
Avg Revenue beat(4)-1.26%
Min Revenue beat(4)-2.6%
Max Revenue beat(4)0.03%
Revenue beat(8)1
Avg Revenue beat(8)-1.82%
Revenue beat(12)2
Avg Revenue beat(12)-1.44%
Revenue beat(16)4
Avg Revenue beat(16)-0.43%
PT rev (1m)-0.96%
PT rev (3m)-0.96%
EPS NQ rev (1m)11.11%
EPS NQ rev (3m)-10.71%
EPS NY rev (1m)-16.3%
EPS NY rev (3m)-797.78%
Revenue NQ rev (1m)-1.34%
Revenue NQ rev (3m)-2.01%
Revenue NY rev (1m)-0.19%
Revenue NY rev (3m)-1.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 26.68 | ||
| P/S | 0.83 | ||
| P/FCF | 17.17 | ||
| P/OCF | 5.62 | ||
| P/B | 0.62 | ||
| P/tB | 0.63 | ||
| EV/EBITDA | 11.69 |
EPS(TTM)-0.07
EYN/A
EPS(NY)0.39
Fwd EY3.75%
FCF(TTM)0.61
FCFY5.82%
OCF(TTM)1.87
OCFY17.8%
SpS12.69
BVpS16.92
TBVpS16.71
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.14% | ||
| ROE | -0.35% | ||
| ROCE | 2.63% | ||
| ROIC | 1.93% | ||
| ROICexc | 2% | ||
| ROICexgc | 2.03% | ||
| OM | 8.36% | ||
| PM (TTM) | N/A | ||
| GM | 64.88% | ||
| FCFM | 4.81% |
ROA(3y)1.67%
ROA(5y)-2.66%
ROE(3y)4.02%
ROE(5y)-5.53%
ROIC(3y)2.67%
ROIC(5y)N/A
ROICexc(3y)2.89%
ROICexc(5y)N/A
ROICexgc(3y)2.92%
ROICexgc(5y)N/A
ROCE(3y)3.63%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-2.14%
ROICexc growth 3YN/A
ROICexc growth 5Y-0.95%
OM growth 3YN/A
OM growth 5Y-4.28%
PM growth 3YN/A
PM growth 5Y-5.48%
GM growth 3Y-0.22%
GM growth 5Y0.08%
F-Score4
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | 37.41 | ||
| Debt/EBITDA | 8.36 | ||
| Cap/Depr | 75.15% | ||
| Cap/Sales | 9.89% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 68.32% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.53 | ||
| Altman-Z | 0.45 |
F-Score4
WACC5.75%
ROIC/WACC0.34
Cap/Depr(3y)83.36%
Cap/Depr(5y)59.63%
Cap/Sales(3y)8.67%
Cap/Sales(5y)8.01%
Profit Quality(3y)156.41%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-104.43%
EPS 3YN/A
EPS 5Y-6.46%
EPS Q2Q%-130.77%
EPS Next Y-132.02%
EPS Next 2Y-37.63%
EPS Next 3Y-21.37%
EPS Next 5Y13.66%
Revenue 1Y (TTM)-3.57%
Revenue growth 3Y24.03%
Revenue growth 5Y-1.79%
Sales Q2Q%-6.01%
Revenue Next Year-1.58%
Revenue Next 2Y0.24%
Revenue Next 3Y1.2%
Revenue Next 5Y3.57%
EBIT growth 1Y-36.14%
EBIT growth 3YN/A
EBIT growth 5Y-5.99%
EBIT Next Year64.63%
EBIT Next 3Y20.94%
EBIT Next 5YN/A
FCF growth 1Y-35.11%
FCF growth 3YN/A
FCF growth 5Y-4.85%
OCF growth 1Y-16.55%
OCF growth 3YN/A
OCF growth 5Y-2.98%
PARK HOTELS & RESORTS INC / PK FAQ
Can you provide the ChartMill fundamental rating for PARK HOTELS & RESORTS INC?
ChartMill assigns a fundamental rating of 3 / 10 to PK.
Can you provide the valuation status for PARK HOTELS & RESORTS INC?
ChartMill assigns a valuation rating of 3 / 10 to PARK HOTELS & RESORTS INC (PK). This can be considered as Overvalued.
How profitable is PARK HOTELS & RESORTS INC (PK) stock?
PARK HOTELS & RESORTS INC (PK) has a profitability rating of 2 / 10.
Can you provide the expected EPS growth for PK stock?
The Earnings per Share (EPS) of PARK HOTELS & RESORTS INC (PK) is expected to decline by -132.02% in the next year.