156.51 USD
-2.62 (-1.65%)
156.51 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to PRK. PRK was compared to 383 industry peers in the Banks industry. While PRK is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, PRK is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year PRK was profitable.
PRK had a positive operating cash flow in the past year.
In the past 5 years PRK has always been profitable.
Each year in the past 5 years PRK had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.68%, PRK belongs to the top of the industry, outperforming 92.69% of the companies in the same industry.
PRK has a Return On Equity of 12.91%. This is amongst the best in the industry. PRK outperforms 86.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.68% | ||
| ROE | 12.91% | ||
| ROIC | N/A |
ROA(3y)1.45%
ROA(5y)1.47%
ROE(3y)12.37%
ROE(5y)12.65%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 30.75%, PRK belongs to the top of the industry, outperforming 82.25% of the companies in the same industry.
In the last couple of years the Profit Margin of PRK has grown nicely.
PRK does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 30.75% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-4.57%
PM growth 5Y2.26%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
PRK does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, PRK has more shares outstanding
Compared to 5 years ago, PRK has less shares outstanding
Compared to 1 year ago, PRK has an improved debt to assets ratio.
2.2 Solvency
PRK has a debt to FCF ratio of 1.64. This is a very positive value and a sign of high solvency as it would only need 1.64 years to pay back of all of its debts.
PRK has a Debt to FCF ratio (1.64) which is comparable to the rest of the industry.
PRK has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.22, PRK is not doing good in the industry: 60.31% of the companies in the same industry are doing better.
Even though the debt/equity ratio score it not favorable for PRK, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.64 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.11%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
PRK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.52%, which is quite impressive.
PRK shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.45% yearly.
Looking at the last year, PRK shows a quite strong growth in Revenue. The Revenue has grown by 11.78% in the last year.
Measured over the past years, PRK shows a small growth in Revenue. The Revenue has been growing by 5.68% on average per year.
EPS 1Y (TTM)28.52%
EPS 3Y-0.25%
EPS 5Y7.45%
EPS Q2Q%24.26%
Revenue 1Y (TTM)11.78%
Revenue growth 3Y4.23%
Revenue growth 5Y5.68%
Sales Q2Q%2.87%
3.2 Future
The Earnings Per Share is expected to grow by 8.22% on average over the next years. This is quite good.
Based on estimates for the next years, PRK will show a quite strong growth in Revenue. The Revenue will grow by 10.01% on average per year.
EPS Next Y21.99%
EPS Next 2Y8.02%
EPS Next 3Y8.22%
EPS Next 5YN/A
Revenue Next Year9.6%
Revenue Next 2Y11.1%
Revenue Next 3Y10.01%
Revenue Next 5YN/A
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.
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
Based on the Price/Earnings ratio of 14.41, the valuation of PRK can be described as correct.
62.14% of the companies in the same industry are cheaper than PRK, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.19. PRK is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 14.41 indicates a correct valuation of PRK.
73.37% of the companies in the same industry are cheaper than PRK, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of PRK to the average of the S&P500 Index (23.92), we can say PRK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.41 | ||
| Fwd PE | 14.41 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, PRK is valued a bit more expensive than the industry average as 62.14% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.42 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PRK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.66
PEG (5Y)1.93
EPS Next 2Y8.02%
EPS Next 3Y8.22%
5. Dividend
5.1 Amount
PRK has a Yearly Dividend Yield of 2.69%. Purely for dividend investing, there may be better candidates out there.
PRK's Dividend Yield is comparable with the industry average which is at 2.90.
PRK's Dividend Yield is a higher than the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
5.2 History
The dividend of PRK has a limited annual growth rate of 2.15%.
PRK has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of PRK decreased recently.
Dividend Growth(5Y)2.15%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
PRK pays out 46.55% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of PRK is growing, but earnings are growing more, so the dividend growth is sustainable.
DP46.55%
EPS Next 2Y8.02%
EPS Next 3Y8.22%
156.51
-2.62 (-1.65%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners55.16%
Inst Owner Change0.02%
Ins Owners2.19%
Ins Owner Change1.07%
Market Cap2.52B
Revenue(TTM)520.61M
Net Income(TTM)167.12M
Analysts49.09
Price Target183.94 (17.53%)
Short Float %2.29%
Short Ratio5.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
Yearly Dividend4.8
Dividend Growth(5Y)2.15%
DP46.55%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.87%
Min EPS beat(2)19.57%
Max EPS beat(2)20.17%
EPS beat(4)4
Avg EPS beat(4)11.35%
Min EPS beat(4)1.6%
Max EPS beat(4)20.17%
EPS beat(8)7
Avg EPS beat(8)11.16%
EPS beat(12)9
Avg EPS beat(12)7.16%
EPS beat(16)12
Avg EPS beat(16)7.29%
Revenue beat(2)1
Avg Revenue beat(2)1.21%
Min Revenue beat(2)-1.17%
Max Revenue beat(2)3.6%
Revenue beat(4)3
Avg Revenue beat(4)3.27%
Min Revenue beat(4)-1.17%
Max Revenue beat(4)6.65%
Revenue beat(8)6
Avg Revenue beat(8)1.21%
Revenue beat(12)7
Avg Revenue beat(12)1.08%
Revenue beat(16)10
Avg Revenue beat(16)1.2%
PT rev (1m)0%
PT rev (3m)-0.73%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)2.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.41 | ||
| Fwd PE | 14.41 | ||
| P/S | 4.63 | ||
| P/FCF | 14.42 | ||
| P/OCF | 13.89 | ||
| P/B | 1.94 | ||
| P/tB | 2.25 | ||
| EV/EBITDA | N/A |
EPS(TTM)10.86
EY6.94%
EPS(NY)10.86
Fwd EY6.94%
FCF(TTM)10.86
FCFY6.94%
OCF(TTM)11.26
OCFY7.2%
SpS33.8
BVpS80.5
TBVpS69.54
PEG (NY)0.66
PEG (5Y)1.93
Graham Number140.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.68% | ||
| ROE | 12.91% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 30.75% | ||
| GM | N/A | ||
| FCFM | 32.12% |
ROA(3y)1.45%
ROA(5y)1.47%
ROE(3y)12.37%
ROE(5y)12.65%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-4.57%
PM growth 5Y2.26%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.64 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 55.7% | ||
| Cap/Sales | 1.21% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 104.46% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC11.11%
ROIC/WACCN/A
Cap/Depr(3y)62.3%
Cap/Depr(5y)111.55%
Cap/Sales(3y)1.68%
Cap/Sales(5y)2.88%
Profit Quality(3y)104.03%
Profit Quality(5y)94%
High Growth Momentum
Growth
EPS 1Y (TTM)28.52%
EPS 3Y-0.25%
EPS 5Y7.45%
EPS Q2Q%24.26%
EPS Next Y21.99%
EPS Next 2Y8.02%
EPS Next 3Y8.22%
EPS Next 5YN/A
Revenue 1Y (TTM)11.78%
Revenue growth 3Y4.23%
Revenue growth 5Y5.68%
Sales Q2Q%2.87%
Revenue Next Year9.6%
Revenue Next 2Y11.1%
Revenue Next 3Y10.01%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y36.6%
FCF growth 3Y5.82%
FCF growth 5Y11.9%
OCF growth 1Y33.15%
OCF growth 3Y4.37%
OCF growth 5Y9.89%
PARK NATIONAL CORP / PRK FAQ
Can you provide the ChartMill fundamental rating for PARK NATIONAL CORP?
ChartMill assigns a fundamental rating of 4 / 10 to PRK.
What is the valuation status of PARK NATIONAL CORP (PRK) stock?
ChartMill assigns a valuation rating of 3 / 10 to PARK NATIONAL CORP (PRK). This can be considered as Overvalued.
What is the profitability of PRK stock?
PARK NATIONAL CORP (PRK) has a profitability rating of 5 / 10.
How financially healthy is PARK NATIONAL CORP?
The financial health rating of PARK NATIONAL CORP (PRK) is 3 / 10.
How sustainable is the dividend of PARK NATIONAL CORP (PRK) stock?
The dividend rating of PARK NATIONAL CORP (PRK) is 5 / 10 and the dividend payout ratio is 46.55%.