PARK HOTELS & RESORTS INC (PK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PK - US7005171050 - REIT
10.82 USD
-0.01 (-0.09%)
10.82 USD
0 (0%)
Overall PK gets a fundamental rating of 3 out of 10. We evaluated PK against 128 industry peers in the Diversified REITs industry. PK may be in some trouble as it scores bad on both profitability and health. PK does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year PK has reported negative net income.
In the past year PK had a positive cash flow from operations.
In multiple years PK reported negative net income over the last 5 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.
With a Return On Equity value of -0.35%, PK perfoms like the industry average, outperforming 42.19% of the companies in the same industry.
With a Return On Invested Capital value of 1.93%, PK is not doing good in the industry: 67.19% of the companies in the same industry are doing better.
PK had an Average Return On Invested Capital over the past 3 years of 2.67%. This 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.
PK's Operating Margin of 8.36% is on the low side compared to the rest of the industry. PK is outperformed by 79.69% of its industry peers.
PK's Operating Margin has declined in the last couple of years.
PK has a Gross Margin of 64.88%. This is in the lower half of the industry: PK underperforms 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
Compared to 5 years ago, PK has less shares outstanding
PK has a worse debt/assets ratio than last year.
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.
Looking at the Altman-Z score, with a value of 0.45, PK is in line with its industry, outperforming 47.66% of the companies in the same industry.
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
WACC5.71%
2.3 Liquidity
PK has a Current 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 has a Current ratio of 0.53. This is amonst the worse of the industry: PK underperforms 82.03% of its industry peers.
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.
With a Quick ratio value of 0.53, PK is not doing good in the industry: 82.03% of the companies in the same industry are doing better.
| 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.
Looking at the last year, PK shows a decrease in Revenue. The Revenue has decreased by -3.57% in the last year.
PK shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.79% yearly.
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
The Earnings Per Share is expected to grow by 13.66% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.57% on average over the next years.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for PK. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 27.54, PK can be considered very expensive at the moment.
79.69% of the companies in the same industry are more expensive than PK, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 36.59. PK is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 27.54 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PK indicates a somewhat cheap valuation: PK is cheaper than 74.22% of the companies listed in the same industry.
79.69% of the companies in the same industry are more expensive than PK, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.73 | ||
| EV/EBITDA | 11.81 |
4.3 Compensation for Growth
PK's earnings are expected to decrease with -21.37% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-37.63%
EPS Next 3Y-21.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.23%, PK is a good candidate for dividend investing.
PK's Dividend Yield is rather good when compared to the industry average which is at 6.38. 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 2.34.
| 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
The earnings of PK are negative and hence is the payout ratio. PK will probably not be able to sustain this dividend level.
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%
10.82
-0.01 (-0.09%)
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 Cap2.16B
Revenue(TTM)2.54B
Net Income(TTM)-12.00M
Analysts70
Price Target12.12 (12.01%)
Short Float %15.62%
Short Ratio8.75
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 | 27.54 | ||
| P/S | 0.85 | ||
| P/FCF | 17.73 | ||
| P/OCF | 5.8 | ||
| P/B | 0.64 | ||
| P/tB | 0.65 | ||
| EV/EBITDA | 11.81 |
EPS(TTM)-0.07
EYN/A
EPS(NY)0.39
Fwd EY3.63%
FCF(TTM)0.61
FCFY5.64%
OCF(TTM)1.87
OCFY17.25%
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
WACC5.71%
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.