PARKLAND CORP (PKI.CA) Stock Fundamental Analysis
TSX:PKI - Toronto Stock Exchange - CA70137W1086 - Common Stock - Currency: CAD
Taking everything into account, PKI scores 4 out of 10 in our fundamental rating. PKI was compared to 219 industry peers in the Oil, Gas & Consumable Fuels industry. PKI has only an average score on both its financial health and profitability. PKI is valued correctly, but it does not seem to be growing.
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
The Return On Assets of PKI (1.75%) is comparable to the rest of the industry.
With a decent Return On Equity value of 7.65%, PKI is doing good in the industry, outperforming 61.64% of the companies in the same industry.
PKI has a Return On Invested Capital of 5.67%. This is in the better half of the industry: PKI outperforms 72.60% of its industry peers.
PKI had an Average Return On Invested Capital over the past 3 years of 8.58%. This is in line with the industry average of 7.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.75% | ||
| ROE | 7.65% | ||
| ROIC | 5.67% |
ROA(3y)2.14%
ROA(5y)2.28%
ROE(3y)9.98%
ROE(5y)10.74%
ROIC(3y)8.58%
ROIC(5y)7.74%
1.3 Margins
PKI has a Profit Margin (0.83%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of PKI has remained more or less at the same level.
With a Operating Margin value of 2.29%, PKI perfoms like the industry average, outperforming 48.40% of the companies in the same industry.
PKI's Operating Margin has declined in the last couple of years.
PKI has a Gross Margin of 12.55%. This is comparable to the rest of the industry: PKI outperforms 42.92% of its industry peers.
PKI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.29% | ||
| PM (TTM) | 0.83% | ||
| GM | 12.55% |
OM growth 3Y7.51%
OM growth 5Y-7.03%
PM growth 3Y35.36%
PM growth 5Y0.35%
GM growth 3Y-9.44%
GM growth 5Y-2.62%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PKI is creating some value.
PKI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for PKI has been increased compared to 5 years ago.
The debt/assets ratio for PKI has been reduced compared to a year ago.
2.2 Solvency
PKI has an Altman-Z score of 2.73. 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.
With an excellent Altman-Z score value of 2.73, PKI belongs to the best of the industry, outperforming 80.37% of the companies in the same industry.
PKI has a debt to FCF ratio of 6.21. This is a slightly negative value and a sign of low solvency as PKI would need 6.21 years to pay back of all of its debts.
PKI's Debt to FCF ratio of 6.21 is fine compared to the rest of the industry. PKI outperforms 73.06% of its industry peers.
PKI has a Debt/Equity ratio of 1.93. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of PKI (1.93) is worse than 76.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.93 | ||
| Debt/FCF | 6.21 | ||
| Altman-Z | 2.73 |
ROIC/WACC0.76
WACC7.44%
2.3 Liquidity
A Current Ratio of 1.39 indicates that PKI should not have too much problems paying its short term obligations.
PKI has a Current ratio of 1.39. This is in the better half of the industry: PKI outperforms 70.32% of its industry peers.
A Quick Ratio of 0.95 indicates that PKI may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.95, PKI is in the better half of the industry, outperforming 66.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
The earnings per share for PKI have decreased strongly by -46.46% in the last year.
PKI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.34% yearly.
Looking at the last year, PKI shows a very negative growth in Revenue. The Revenue has decreased by -12.83% in the last year.
PKI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.58% yearly.
EPS 1Y (TTM)-46.46%
EPS 3Y70.57%
EPS 5Y12.34%
EPS Q2Q%-59.37%
Revenue 1Y (TTM)-12.83%
Revenue growth 3Y32.31%
Revenue growth 5Y17.58%
Sales Q2Q%-19.69%
3.2 Future
The Earnings Per Share is expected to grow by 14.05% on average over the next years. This is quite good.
PKI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.02% yearly.
EPS Next Y-33.1%
EPS Next 2Y11.23%
EPS Next 3Y14.05%
EPS Next 5YN/A
Revenue Next Year-13.68%
Revenue Next 2Y-6.48%
Revenue Next 3Y-3.55%
Revenue Next 5Y-1.02%
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 stable.
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 26.73 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.
PKI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
PKI is valuated reasonably with a Price/Forward Earnings ratio of 11.17.
PKI's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of PKI to the average of the S&P500 Index (22.10), we can say PKI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.73 | ||
| Fwd PE | 11.17 |
4.2 Price Multiples
PKI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PKI is cheaper than 66.21% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PKI is valued cheaper than 90.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.21 | ||
| EV/EBITDA | 8.17 |
4.3 Compensation for Growth
A more expensive valuation may be justified as PKI's earnings are expected to grow with 14.05% in the coming years.
PEG (NY)N/A
PEG (5Y)2.17
EPS Next 2Y11.23%
EPS Next 3Y14.05%
5. Dividend
5.1 Amount
PKI has a Yearly Dividend Yield of 3.80%.
Compared to an average industry Dividend Yield of 6.94, PKI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, PKI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.8% |
5.2 History
The dividend of PKI is nicely growing with an annual growth rate of 11.87%!
PKI has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.87%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
100.00% of the earnings are spent on dividend by PKI. This is not a sustainable payout ratio.
The dividend of PKI is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP100%
EPS Next 2Y11.23%
EPS Next 3Y14.05%
TSX:PKI (3/7/2025, 7:00:00 PM)
36.35
-0.53 (-1.44%)
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 Cap6.32B
Analysts78.82
Price Target49.39 (35.87%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.8% |
Yearly Dividend1.35
Dividend Growth(5Y)11.87%
DP100%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-43.7%
Min EPS beat(2)-57.21%
Max EPS beat(2)-30.19%
EPS beat(4)0
Avg EPS beat(4)-80.42%
Min EPS beat(4)-206.08%
Max EPS beat(4)-28.17%
EPS beat(8)2
Avg EPS beat(8)-40.59%
EPS beat(12)3
Avg EPS beat(12)-33.44%
EPS beat(16)4
Avg EPS beat(16)-39.94%
Revenue beat(2)0
Avg Revenue beat(2)-4.83%
Min Revenue beat(2)-6.76%
Max Revenue beat(2)-2.9%
Revenue beat(4)0
Avg Revenue beat(4)-8.15%
Min Revenue beat(4)-14.52%
Max Revenue beat(4)-2.9%
Revenue beat(8)2
Avg Revenue beat(8)-4%
Revenue beat(12)6
Avg Revenue beat(12)3.68%
Revenue beat(16)9
Avg Revenue beat(16)4.35%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.38%
EPS NY rev (1m)-5.2%
EPS NY rev (3m)-0.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.25%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)0.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.73 | ||
| Fwd PE | 11.17 | ||
| P/S | 0.22 | ||
| P/FCF | 6.21 | ||
| P/OCF | 4.31 | ||
| P/B | 2 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.17 |
EPS(TTM)1.36
EY3.74%
EPS(NY)3.25
Fwd EY8.95%
FCF(TTM)5.85
FCFY16.1%
OCF(TTM)8.43
OCFY23.2%
SpS167.73
BVpS18.19
TBVpS-1.26
PEG (NY)N/A
PEG (5Y)2.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.75% | ||
| ROE | 7.65% | ||
| ROCE | 6.44% | ||
| ROIC | 5.67% | ||
| ROICexc | 5.87% | ||
| ROICexgc | 8.88% | ||
| OM | 2.29% | ||
| PM (TTM) | 0.83% | ||
| GM | 12.55% | ||
| FCFM | 3.49% |
ROA(3y)2.14%
ROA(5y)2.28%
ROE(3y)9.98%
ROE(5y)10.74%
ROIC(3y)8.58%
ROIC(5y)7.74%
ROICexc(3y)8.97%
ROICexc(5y)8.07%
ROICexgc(3y)14.11%
ROICexgc(5y)12.86%
ROCE(3y)9.76%
ROCE(5y)8.8%
ROICexcg growth 3Y24.69%
ROICexcg growth 5Y-9.83%
ROICexc growth 3Y26.99%
ROICexc growth 5Y-7.02%
OM growth 3Y7.51%
OM growth 5Y-7.03%
PM growth 3Y35.36%
PM growth 5Y0.35%
GM growth 3Y-9.44%
GM growth 5Y-2.62%
F-Score6
Asset Turnover2.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.93 | ||
| Debt/FCF | 6.21 | ||
| Debt/EBITDA | 4.06 | ||
| Cap/Depr | 53.64% | ||
| Cap/Sales | 1.54% | ||
| Interest Coverage | 2.11 | ||
| Cash Conversion | 97.54% | ||
| Profit Quality | 420.66% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 2.73 |
F-Score6
WACC7.44%
ROIC/WACC0.76
Cap/Depr(3y)63.52%
Cap/Depr(5y)66.3%
Cap/Sales(3y)1.58%
Cap/Sales(5y)1.97%
Profit Quality(3y)354.93%
Profit Quality(5y)377.98%
High Growth Momentum
Growth
EPS 1Y (TTM)-46.46%
EPS 3Y70.57%
EPS 5Y12.34%
EPS Q2Q%-59.37%
EPS Next Y-33.1%
EPS Next 2Y11.23%
EPS Next 3Y14.05%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.83%
Revenue growth 3Y32.31%
Revenue growth 5Y17.58%
Sales Q2Q%-19.69%
Revenue Next Year-13.68%
Revenue Next 2Y-6.48%
Revenue Next 3Y-3.55%
Revenue Next 5Y-1.02%
EBIT growth 1Y-39.64%
EBIT growth 3Y42.24%
EBIT growth 5Y9.31%
EBIT Next Year60.13%
EBIT Next 3Y24.5%
EBIT Next 5Y17.23%
FCF growth 1Y194.22%
FCF growth 3Y30.13%
FCF growth 5Y49.13%
OCF growth 1Y80%
OCF growth 3Y23.98%
OCF growth 5Y31.02%