PARKLAND CORP (PKI.CA) Stock Fundamental Analysis
TSX:PKI - Toronto Stock Exchange - CA70137W1086 - Common Stock - Currency: CAD
We assign a fundamental rating of 4 out of 10 to PKI. PKI was compared to 218 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of PKI get a neutral evaluation. Nothing too spectacular is happening here. PKI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
PKI had positive earnings in the past year.
In the past year PKI had a positive cash flow from operations.
Each year in the past 5 years PKI has been profitable.
In the past 5 years PKI always reported a positive cash flow from operatings.
1.2 Ratios
PKI's Return On Assets of 0.90% is in line compared to the rest of the industry. PKI outperforms 53.21% of its industry peers.
PKI has a Return On Equity of 4.01%. This is comparable to the rest of the industry: PKI outperforms 57.34% of its industry peers.
PKI's Return On Invested Capital of 5.00% is fine compared to the rest of the industry. PKI outperforms 70.64% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PKI is in line with the industry average of 7.29%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.9% | ||
| ROE | 4.01% | ||
| ROIC | 5% |
ROA(3y)2.16%
ROA(5y)1.64%
ROE(3y)9.68%
ROE(5y)7.64%
ROIC(3y)6.55%
ROIC(5y)5.85%
1.3 Margins
With a Profit Margin value of 0.45%, PKI perfoms like the industry average, outperforming 54.13% of the companies in the same industry.
In the last couple of years the Profit Margin of PKI has declined.
Looking at the Operating Margin, with a value of 2.62%, PKI is in line with its industry, outperforming 49.08% of the companies in the same industry.
PKI's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 13.13%, PKI perfoms like the industry average, outperforming 43.12% of the companies in the same industry.
PKI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.62% | ||
| PM (TTM) | 0.45% | ||
| GM | 13.13% |
OM growth 3Y-12.22%
OM growth 5Y-8.78%
PM growth 3Y-0.23%
PM growth 5Y-26.35%
GM growth 3Y-1.75%
GM growth 5Y-3.1%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PKI is destroying value.
PKI has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, PKI has more shares outstanding
The debt/assets ratio for PKI is higher compared to a year ago.
2.2 Solvency
PKI has an Altman-Z score of 2.60. This is not the best score and indicates that PKI is in the grey zone with still only limited risk for bankruptcy at the moment.
PKI has a better Altman-Z score (2.60) than 79.82% of its industry peers.
PKI has a debt to FCF ratio of 6.92. This is a slightly negative value and a sign of low solvency as PKI would need 6.92 years to pay back of all of its debts.
PKI has a better Debt to FCF ratio (6.92) than 70.64% of its industry peers.
PKI has a Debt/Equity ratio of 2.02. This is a high value indicating a heavy dependency on external financing.
PKI's Debt to Equity ratio of 2.02 is on the low side compared to the rest of the industry. PKI is outperformed by 77.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.02 | ||
| Debt/FCF | 6.92 | ||
| Altman-Z | 2.6 |
ROIC/WACC0.59
WACC8.5%
2.3 Liquidity
A Current Ratio of 1.32 indicates that PKI should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.32, PKI is in the better half of the industry, outperforming 67.43% of the companies in the same industry.
PKI has a Quick Ratio of 1.32. This is a bad value and indicates that PKI is not financially healthy enough and could expect problems in meeting its short term obligations.
PKI has a Quick ratio of 0.88. This is in the better half of the industry: PKI outperforms 61.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
PKI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -73.00%.
The earnings per share for PKI have been decreasing by -22.68% on average. This is quite bad
PKI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.79%.
Measured over the past years, PKI shows a quite strong growth in Revenue. The Revenue has been growing by 8.93% on average per year.
EPS 1Y (TTM)-73%
EPS 3Y-0.47%
EPS 5Y-22.68%
EPS Q2Q%-135.42%
Revenue 1Y (TTM)-12.79%
Revenue growth 3Y9.65%
Revenue growth 5Y8.93%
Sales Q2Q%-13.06%
3.2 Future
PKI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 124.67% yearly.
Based on estimates for the next years, PKI will show a small growth in Revenue. The Revenue will grow by 3.27% on average per year.
EPS Next Y282.66%
EPS Next 2Y124.67%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.09%
Revenue Next 2Y1.11%
Revenue Next 3Y3.21%
Revenue Next 5Y3.27%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 48.34 indicates a quite expensive valuation of PKI.
Compared to the rest of the industry, the Price/Earnings ratio of PKI is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 28.78, PKI is valued quite expensively.
The Price/Forward Earnings ratio is 12.63, which indicates a correct valuation of PKI.
The rest of the industry has a similar Price/Forward Earnings ratio as PKI.
PKI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.34 | ||
| Fwd PE | 12.63 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PKI is valued a bit cheaper than 67.43% of the companies in the same industry.
PKI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PKI is cheaper than 88.99% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.22 | ||
| EV/EBITDA | 7.81 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PKI's earnings are expected to grow with 124.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.17
PEG (5Y)N/A
EPS Next 2Y124.67%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.16%, PKI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.45, PKI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.46, PKI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.16% |
5.2 History
The dividend of PKI is nicely growing with an annual growth rate of 11.43%!
PKI has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.43%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PKI pays out 191.34% of its income as dividend. This is not a sustainable payout ratio.
PKI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP191.34%
EPS Next 2Y124.67%
EPS Next 3YN/A
TSX:PKI (4/25/2025, 7:00:00 PM)
34.32
-0.26 (-0.75%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners35.6%
Inst Owner ChangeN/A
Ins Owners0.68%
Ins Owner ChangeN/A
Market Cap5.97B
Analysts78.82
Price Target47.01 (36.98%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.16% |
Yearly Dividend1.39
Dividend Growth(5Y)11.43%
DP191.34%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-78.78%
Min EPS beat(2)-127.37%
Max EPS beat(2)-30.19%
EPS beat(4)0
Avg EPS beat(4)-105.21%
Min EPS beat(4)-206.08%
Max EPS beat(4)-30.19%
EPS beat(8)2
Avg EPS beat(8)-50.39%
EPS beat(12)3
Avg EPS beat(12)-41.22%
EPS beat(16)4
Avg EPS beat(16)-46.9%
Revenue beat(2)0
Avg Revenue beat(2)-9.51%
Min Revenue beat(2)-12.26%
Max Revenue beat(2)-6.76%
Revenue beat(4)0
Avg Revenue beat(4)-9.11%
Min Revenue beat(4)-14.52%
Max Revenue beat(4)-2.9%
Revenue beat(8)1
Avg Revenue beat(8)-5.54%
Revenue beat(12)5
Avg Revenue beat(12)1.81%
Revenue beat(16)9
Avg Revenue beat(16)4.53%
PT rev (1m)-4.8%
PT rev (3m)-4.8%
EPS NQ rev (1m)-35.74%
EPS NQ rev (3m)-46.31%
EPS NY rev (1m)-4.67%
EPS NY rev (3m)-20.24%
Revenue NQ rev (1m)-0.16%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.23%
Revenue NY rev (3m)-0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.34 | ||
| Fwd PE | 12.63 | ||
| P/S | 0.21 | ||
| P/FCF | 6.22 | ||
| P/OCF | 3.89 | ||
| P/B | 1.89 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.81 |
EPS(TTM)0.71
EY2.07%
EPS(NY)2.72
Fwd EY7.92%
FCF(TTM)5.52
FCFY16.08%
OCF(TTM)8.83
OCFY25.72%
SpS162.73
BVpS18.2
TBVpS-2.37
PEG (NY)0.17
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.9% | ||
| ROE | 4.01% | ||
| ROCE | 6.95% | ||
| ROIC | 5% | ||
| ROICexc | 5.19% | ||
| ROICexgc | 7.96% | ||
| OM | 2.62% | ||
| PM (TTM) | 0.45% | ||
| GM | 13.13% | ||
| FCFM | 3.39% |
ROA(3y)2.16%
ROA(5y)1.64%
ROE(3y)9.68%
ROE(5y)7.64%
ROIC(3y)6.55%
ROIC(5y)5.85%
ROICexc(3y)6.86%
ROICexc(5y)6.1%
ROICexgc(3y)10.73%
ROICexgc(5y)9.6%
ROCE(3y)9.09%
ROCE(5y)8.12%
ROICexcg growth 3Y-8.59%
ROICexcg growth 5Y-8.79%
ROICexc growth 3Y-7.87%
ROICexc growth 5Y-7.61%
OM growth 3Y-12.22%
OM growth 5Y-8.78%
PM growth 3Y-0.23%
PM growth 5Y-26.35%
GM growth 3Y-1.75%
GM growth 5Y-3.1%
F-Score6
Asset Turnover2.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.02 | ||
| Debt/FCF | 6.92 | ||
| Debt/EBITDA | 4.07 | ||
| Cap/Depr | 69.7% | ||
| Cap/Sales | 2.03% | ||
| Interest Coverage | 2.25 | ||
| Cash Conversion | 98.02% | ||
| Profit Quality | 755.91% | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 2.6 |
F-Score6
WACC8.5%
ROIC/WACC0.59
Cap/Depr(3y)65.32%
Cap/Depr(5y)63.38%
Cap/Sales(3y)1.65%
Cap/Sales(5y)1.85%
Profit Quality(3y)432.32%
Profit Quality(5y)507.8%
High Growth Momentum
Growth
EPS 1Y (TTM)-73%
EPS 3Y-0.47%
EPS 5Y-22.68%
EPS Q2Q%-135.42%
EPS Next Y282.66%
EPS Next 2Y124.67%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-12.79%
Revenue growth 3Y9.65%
Revenue growth 5Y8.93%
Sales Q2Q%-13.06%
Revenue Next Year1.09%
Revenue Next 2Y1.11%
Revenue Next 3Y3.21%
Revenue Next 5Y3.27%
EBIT growth 1Y-21.5%
EBIT growth 3Y-3.75%
EBIT growth 5Y-0.64%
EBIT Next Year128.37%
EBIT Next 3Y39.05%
EBIT Next 5Y19.16%
FCF growth 1Y-26.04%
FCF growth 3Y23.63%
FCF growth 5Y18.66%
OCF growth 1Y-13.76%
OCF growth 3Y19.3%
OCF growth 5Y11.34%