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 214 industry peers in the Oil, Gas & Consumable Fuels industry. PKI has an average financial health and profitability rating. PKI has a correct valuation and a medium 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.
In the past 5 years PKI has always been profitable.
Each year in the past 5 years PKI had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.90%, PKI perfoms like the industry average, outperforming 52.80% of the companies in the same industry.
Looking at the Return On Equity, with a value of 4.01%, PKI is in line with its industry, outperforming 57.01% of the companies in the same industry.
The Return On Invested Capital of PKI (5.00%) is better than 69.63% 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 7.38%.
| 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
The Profit Margin of PKI (0.45%) is comparable to the rest of the industry.
PKI's Profit Margin has declined in the last couple of years.
The Operating Margin of PKI (2.62%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of PKI has declined.
PKI's Gross Margin of 13.13% is in line compared to the rest of the industry. PKI outperforms 42.52% of its industry peers.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PKI is destroying value.
Compared to 1 year ago, PKI has less shares outstanding
PKI has more shares outstanding than it did 5 years ago.
The debt/assets ratio for PKI is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.64 indicates that PKI is not a great score, but indicates only limited risk for bankruptcy at the moment.
PKI has a Altman-Z score of 2.64. This is amongst the best in the industry. PKI outperforms 80.84% 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.
With a decent Debt to FCF ratio value of 6.92, PKI is doing good in the industry, outperforming 70.56% of the companies in the same industry.
A Debt/Equity ratio of 2.02 is on the high side and indicates that PKI has dependencies on debt financing.
PKI has a Debt to Equity ratio of 2.02. This is in the lower half of the industry: PKI underperforms 79.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.02 | ||
| Debt/FCF | 6.92 | ||
| Altman-Z | 2.64 |
ROIC/WACC0.58
WACC8.62%
2.3 Liquidity
A Current Ratio of 1.32 indicates that PKI should not have too much problems paying its short term obligations.
PKI has a Current ratio of 1.32. This is in the better half of the industry: PKI outperforms 67.29% of its industry peers.
A Quick Ratio of 0.88 indicates that PKI may have some problems paying its short term obligations.
PKI has a Quick ratio of 0.88. This is in the better half of the industry: PKI outperforms 61.68% 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
The Revenue for PKI has decreased by -12.79% in the past year. This is quite bad
PKI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.93% yearly.
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
Based on estimates for the next years, PKI will show a very strong growth in Earnings Per Share. The EPS will grow by 124.67% on average per year.
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
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 53.92, PKI can be considered very expensive at the moment.
PKI's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 28.10, PKI is valued quite expensively.
A Price/Forward Earnings ratio of 14.09 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 20.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.92 | ||
| Fwd PE | 14.09 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PKI indicates a somewhat cheap valuation: PKI is cheaper than 64.95% of the companies listed in the same industry.
85.51% of the companies in the same industry are more expensive than PKI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.95 | ||
| EV/EBITDA | 8.26 |
4.3 Compensation for Growth
PKI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as PKI's earnings are expected to grow with 124.67% in the coming years.
PEG (NY)0.19
PEG (5Y)N/A
EPS Next 2Y124.67%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PKI has a Yearly Dividend Yield of 4.09%, which is a nice return.
Compared to an average industry Dividend Yield of 7.64, PKI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.43, PKI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.09% |
5.2 History
On average, the dividend of PKI grows each year by 11.43%, which is quite nice.
PKI has been paying a dividend for at least 10 years, so it has 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 (5/5/2025, 7:00:00 PM)
38.28
+2 (+5.51%)
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 Cap6.68B
Analysts78.82
Price Target47.01 (22.81%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.09% |
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)-2.69%
PT rev (3m)-4.8%
EPS NQ rev (1m)-48.59%
EPS NQ rev (3m)-54.93%
EPS NY rev (1m)-4.67%
EPS NY rev (3m)-21.8%
Revenue NQ rev (1m)-4.55%
Revenue NQ rev (3m)-1.24%
Revenue NY rev (1m)-0.23%
Revenue NY rev (3m)-0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.92 | ||
| Fwd PE | 14.09 | ||
| P/S | 0.24 | ||
| P/FCF | 6.95 | ||
| P/OCF | 4.35 | ||
| P/B | 2.11 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.26 |
EPS(TTM)0.71
EY1.85%
EPS(NY)2.72
Fwd EY7.1%
FCF(TTM)5.51
FCFY14.38%
OCF(TTM)8.8
OCFY23%
SpS162.31
BVpS18.16
TBVpS-2.36
PEG (NY)0.19
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 | 2.64 |
F-Score6
WACC8.62%
ROIC/WACC0.58
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%