PARK NATIONAL CORP (PRK) Stock Fundamental Analysis
USA - NYSEARCA:PRK - US7006581075 - Common Stock
153.79 USD
+1.6 (+1.05%)
153.79 USD
0 (0%)
PRK gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 390 industry peers in the Banks industry. PRK has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
In the past year PRK had a positive cash flow from operations.
Each year in the past 5 years PRK has been profitable.
Each year in the past 5 years PRK had a positive operating cash flow.
1.2 Ratios
PRK has a Return On Assets of 1.68%. This is amongst the best in the industry. PRK outperforms 92.82% of its industry peers.
The Return On Equity of PRK (12.91%) is better than 86.15% 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
PRK has a Profit Margin of 30.75%. This is amongst the best in the industry. PRK outperforms 83.08% of its industry peers.
PRK's Profit Margin has improved in the last couple of years.
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
The debt/assets ratio for PRK has been reduced compared to a year ago.
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 in line with its industry peers.
PRK has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
PRK has a worse Debt to Equity ratio (0.22) than 60.77% of its industry peers.
Although PRK does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.64 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.09%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 28.52% over the past year.
Measured over the past 5 years, PRK shows a small growth in Earnings Per Share. The EPS has been growing by 7.45% on average per year.
PRK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.78%.
PRK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.68% yearly.
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 7.64% on average over the next years.
The Revenue is expected to grow by 10.01% on average over the next years. This is quite good.
EPS Next Y20.62%
EPS Next 2Y9.72%
EPS Next 3Y7.64%
EPS Next 5YN/A
Revenue Next Year9.6%
Revenue Next 2Y11.08%
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 14.16, the valuation of PRK can be described as correct.
Based on the Price/Earnings ratio, PRK is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
PRK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.51.
A Price/Forward Earnings ratio of 13.72 indicates a correct valuation of PRK.
72.05% of the companies in the same industry are cheaper than PRK, based on the Price/Forward Earnings ratio.
PRK's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.53.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.16 | ||
| Fwd PE | 13.72 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PRK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.16 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.69
PEG (5Y)1.9
EPS Next 2Y9.72%
EPS Next 3Y7.64%
5. Dividend
5.1 Amount
PRK has a Yearly Dividend Yield of 2.81%. Purely for dividend investing, there may be better candidates out there.
PRK's Dividend Yield is comparable with the industry average which is at 3.44.
PRK's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
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 2Y9.72%
EPS Next 3Y7.64%
153.79
+1.6 (+1.05%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners55.62%
Inst Owner Change-0.32%
Ins Owners2.17%
Ins Owner Change1.02%
Market Cap2.47B
Revenue(TTM)520.61M
Net Income(TTM)167.12M
Analysts49.09
Price Target185.3 (20.49%)
Short Float %2.29%
Short Ratio7.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
Yearly Dividend4.8
Dividend Growth(5Y)2.15%
DP46.55%
Div Incr Years1
Div Non Decr Years1
Ex-Date
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)5.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.19%
EPS NY rev (1m)0%
EPS NY rev (3m)22.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.27%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.16 | ||
| Fwd PE | 13.72 | ||
| P/S | 4.55 | ||
| P/FCF | 14.16 | ||
| P/OCF | 13.64 | ||
| P/B | 1.91 | ||
| P/tB | 2.21 | ||
| EV/EBITDA | N/A |
EPS(TTM)10.86
EY7.06%
EPS(NY)11.21
Fwd EY7.29%
FCF(TTM)10.86
FCFY7.06%
OCF(TTM)11.27
OCFY7.33%
SpS33.82
BVpS80.55
TBVpS69.59
PEG (NY)0.69
PEG (5Y)1.9
Graham Number140.3
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
WACC11.09%
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 Y20.62%
EPS Next 2Y9.72%
EPS Next 3Y7.64%
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 2Y11.08%
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.
Can you provide the valuation status for PARK NATIONAL CORP?
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.
Can you provide the PE and PB ratios for PRK stock?
The Price/Earnings (PE) ratio for PARK NATIONAL CORP (PRK) is 14.16 and the Price/Book (PB) ratio is 1.91.
What is the earnings growth outlook for PARK NATIONAL CORP?
The Earnings per Share (EPS) of PARK NATIONAL CORP (PRK) is expected to grow by 20.62% in the next year.