PARK HOTELS & RESORTS INC (PK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PK - US7005171050 - REIT
10.46 USD
-0.1 (-0.95%)
10.6092 USD
+0.15 (+1.43%)
We assign a fundamental rating of 3 out of 10 to PK. PK was compared to 127 industry peers in the Diversified REITs industry. PK may be in some trouble as it scores bad on both profitability and health. PK has a expensive valuation and it also scores bad on growth.
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.
The reported net income has been mixed in the past 5 years: PK reported negative net income in multiple years.
In multiple years PK reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of PK (-0.14%) is worse than 61.42% of its industry peers.
PK has a Return On Equity of -0.35%. This is in the lower half of the industry: PK underperforms 61.42% of its industry peers.
The Return On Invested Capital of PK (1.93%) is worse than 67.72% 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 78.74% of its industry peers.
In the last couple of years the Operating Margin of PK has declined.
With a Gross Margin value of 64.88%, PK perfoms like the industry average, outperforming 40.94% of the companies in the same industry.
PK's Gross Margin has been stable in the last couple of years.
| 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
PK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for PK has been reduced compared to 1 year ago.
The number of shares outstanding for PK has been reduced compared to 5 years ago.
Compared to 1 year ago, PK has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.45, we must say that PK is in the distress zone and has some risk of bankruptcy.
PK has a Altman-Z score of 0.45. This is comparable to the rest of the industry: PK outperforms 47.24% of its industry peers.
PK has a debt to FCF ratio of 37.41. This is a negative value and a sign of low solvency as PK would need 37.41 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 37.41, PK is doing good in the industry, outperforming 71.65% 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.
The Debt to Equity ratio of PK (1.35) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | 37.41 | ||
| Altman-Z | 0.45 |
ROIC/WACC0.34
WACC5.77%
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.
With a Current ratio value of 0.53, PK is not doing good in the industry: 81.10% of the companies in the same industry are doing better.
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.
Looking at the Quick ratio, with a value of 0.53, PK is doing worse than 81.10% of the companies in the same industry.
| 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%.
Measured over the past years, PK shows a decrease in Revenue. The Revenue has been decreasing by -1.79% on average per year.
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.
The Revenue is expected to grow by 3.57% on average over the next years.
EPS Next Y-140.54%
EPS Next 2Y-41.29%
EPS Next 3Y-23.83%
EPS Next 5Y13.66%
Revenue Next Year-1.99%
Revenue Next 2Y0.02%
Revenue Next 3Y1.31%
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
The Price/Earnings Ratio is negative for PK. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 30.05, which means the current valuation is very expensive for PK.
74.80% of the companies in the same industry are more expensive than PK, based on the Price/Forward Earnings ratio.
PK's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 30.05 |
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 73.23% of the companies listed in the same industry.
PK's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. PK is cheaper than 79.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.14 | ||
| EV/EBITDA | 11.81 |
4.3 Compensation for Growth
PK's earnings are expected to decrease with -23.83% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-41.29%
EPS Next 3Y-23.83%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.20%, PK is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.43, PK pays a better dividend. On top of this PK pays more dividend than 90.55% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, PK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.2% |
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-41.29%
EPS Next 3Y-23.83%
10.46
-0.1 (-0.95%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners108.07%
Inst Owner Change1.42%
Ins Owners1.99%
Ins Owner Change0.22%
Market Cap2.09B
Revenue(TTM)2.54B
Net Income(TTM)-12.00M
Analysts53.33
Price Target12.12 (15.87%)
Short Float %18.77%
Short Ratio9.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.2% |
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%
PT rev (3m)-0.96%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.21%
EPS NY rev (1m)-26.59%
EPS NY rev (3m)-314.06%
Revenue NQ rev (1m)-0.89%
Revenue NQ rev (3m)-2.35%
Revenue NY rev (1m)-0.42%
Revenue NY rev (3m)-1.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 30.05 | ||
| P/S | 0.82 | ||
| P/FCF | 17.14 | ||
| P/OCF | 5.61 | ||
| P/B | 0.62 | ||
| P/tB | 0.63 | ||
| EV/EBITDA | 11.81 |
EPS(TTM)-0.07
EYN/A
EPS(NY)0.35
Fwd EY3.33%
FCF(TTM)0.61
FCFY5.83%
OCF(TTM)1.87
OCFY17.84%
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
WACC5.77%
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-140.54%
EPS Next 2Y-41.29%
EPS Next 3Y-23.83%
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-1.99%
Revenue Next 2Y0.02%
Revenue Next 3Y1.31%
Revenue Next 5Y3.57%
EBIT growth 1Y-36.14%
EBIT growth 3YN/A
EBIT growth 5Y-5.99%
EBIT Next Year61.7%
EBIT Next 3Y19.94%
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 2 / 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 -140.54% in the next year.