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Parkit Enterprise

TSXV:PKT
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PKT
TSXV
CA$11M
Market Cap
  1. Home
  2. CA
  3. Commercial Services
Company description

Parkit Enterprise Inc. is a real estate investment firm specializing in acquisition and operation of income-producing parking facilities. The last earnings update was 26 days ago. More info.


Add to Portfolio Compare Print
  • Parkit Enterprise is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
PKT Share Price and Events
7 Day Returns
0%
TSXV:PKT
-2.2%
CA Commercial Services
0.6%
CA Market
1 Year Returns
-14.9%
TSXV:PKT
-19.5%
CA Commercial Services
3.4%
CA Market
PKT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Parkit Enterprise (PKT) 0% -7.4% 14.5% -14.9% -10% -19.2%
CA Commercial Services -2.2% 0.3% -5.6% -19.5% 0.5% -49.2%
CA Market 0.6% 2.7% 8.3% 3.4% 15.7% 7.1%
1 Year Return vs Industry and Market
  • PKT outperformed the Commercial Services industry which returned -19.5% over the past year.
  • PKT underperformed the Market in Canada which returned 3.4% over the past year.
Price Volatility
PKT
Industry
5yr Volatility vs Market

Value

 Is Parkit Enterprise undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Parkit Enterprise. This is due to cash flow or dividend data being unavailable. The share price is CA$0.315.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Parkit Enterprise's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Parkit Enterprise's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:PKT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-01-31) in CAD CA$0.11
TSXV:PKT Share Price ** TSXV (2019-04-17) in CAD CA$0.32
Canada Commercial Services Industry PE Ratio Median Figure of 11 Publicly-Listed Commercial Services Companies 16.64x
Canada Market PE Ratio Median Figure of 557 Publicly-Listed Companies 14.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Parkit Enterprise.

TSXV:PKT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:PKT Share Price ÷ EPS (both in CAD)

= 0.32 ÷ 0.11

2.98x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Parkit Enterprise is good value based on earnings compared to the CA Commercial Services industry average.
  • Parkit Enterprise is good value based on earnings compared to the Canada market.
Price based on expected Growth
Does Parkit Enterprise's expected growth come at a high price?
Raw Data
TSXV:PKT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.98x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Commercial Services Industry PEG Ratio Median Figure of 36 Publicly-Listed Commercial Services Companies 1.58x
Canada Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Parkit Enterprise, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Parkit Enterprise's assets?
Raw Data
TSXV:PKT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-01-31) in CAD CA$0.61
TSXV:PKT Share Price * TSXV (2019-04-17) in CAD CA$0.32
Canada Commercial Services Industry PB Ratio Median Figure of 20 Publicly-Listed Commercial Services Companies 1.65x
Canada Market PB Ratio Median Figure of 2,380 Publicly-Listed Companies 1.51x
TSXV:PKT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:PKT Share Price ÷ Book Value per Share (both in CAD)

= 0.32 ÷ 0.61

0.52x

* Primary Listing of Parkit Enterprise.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Parkit Enterprise is good value based on assets compared to the CA Commercial Services industry average.
X
Value checks
We assess Parkit Enterprise's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Parkit Enterprise has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Parkit Enterprise expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Parkit Enterprise has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
60.6%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Parkit Enterprise expected to grow at an attractive rate?
  • Unable to compare Parkit Enterprise's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Parkit Enterprise's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Parkit Enterprise's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:PKT Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 60.6%
Canada Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 9.7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.2%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:PKT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:PKT Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-01-31 7 -1 3
2018-10-31 7 -1 3
2018-07-31 1 0 0
2018-04-30 1 0 0
2018-01-31 1 -1 0
2017-10-31 2 -1 0
2017-07-31 2 -1 1
2017-04-30 2 -2 1
2017-01-31 2 -2 0
2016-10-31 2 -2 1
2016-07-31 -2 -2 0
2016-04-30 -3 -1 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Parkit Enterprise is high growth as no earnings estimate data is available.
  • Unable to determine if Parkit Enterprise is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:PKT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Parkit Enterprise Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PKT Past Financials Data
Date (Data in CAD Millions) EPS *
2019-01-31 0.11
2018-10-31 0.11
2018-07-31 0.01
2018-04-30 0.00
2018-01-31 0.01
2017-10-31 0.01
2017-07-31 0.02
2017-04-30 0.02
2017-01-31 0.01
2016-10-31 0.02
2016-07-31 0.00
2016-04-30 0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Parkit Enterprise will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Parkit Enterprise is trading at Parkit Enterprise'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Parkit Enterprise's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Parkit Enterprise's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Parkit Enterprise's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Parkit Enterprise has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Parkit Enterprise performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Parkit Enterprise's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Parkit Enterprise's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Parkit Enterprise's 1-year earnings growth exceeds its 5-year average (1027.2% vs -2%)
  • Parkit Enterprise's earnings growth has exceeded the CA Commercial Services industry average in the past year (1027.2% vs 13.1%).
Earnings and Revenue History
Parkit Enterprise's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Parkit Enterprise Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PKT Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-01-31 6.66 3.45 1.14
2018-10-31 6.66 3.45 1.01
2018-07-31 1.18 0.36 0.95
2018-04-30 0.89 -0.08 0.73
2018-01-31 1.32 0.31 0.77
2017-10-31 1.57 0.46 0.90
2017-07-31 2.23 0.73 1.07
2017-04-30 2.16 0.76 1.15
2017-01-31 2.41 0.36 1.32
2016-10-31 2.39 0.62 1.34
2016-07-31 -2.41 -0.10 1.59
2016-04-30 -2.52 1.56 1.58
2016-01-31 0.28 14.88 1.67
2015-10-31 3.02 15.01 1.58
2015-07-31 10.01 15.44 2.31
2015-04-30 12.43 12.84 3.37
2015-01-31 11.00 -0.85 3.06
2014-10-31 9.97 -1.88 2.88
2014-07-31 9.06 -3.45 -0.28
2014-04-30 8.51 -3.24 -1.06
2014-01-31 8.08 -3.40 -0.35
2013-10-31 7.65 -3.11 0.25
2013-07-31 6.96 -1.83 2.57
2013-04-30 6.61 -2.07 2.92
2013-01-31 5.98 -2.86 2.78
2012-10-31 5.72 -3.45 2.82
2012-07-31 5.67 -6.04 3.19
2012-04-30 4.89 -6.33 3.32

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Parkit Enterprise has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Parkit Enterprise used its assets more efficiently than the CA Commercial Services industry average last year based on Return on Assets.
  • Parkit Enterprise has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Parkit Enterprise's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Parkit Enterprise has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Parkit Enterprise's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Parkit Enterprise's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Parkit Enterprise is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Parkit Enterprise has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Parkit Enterprise's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Parkit Enterprise has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Parkit Enterprise Company Filings, last reported 2 months ago.

TSXV:PKT Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-01-31 21.24 0.00 3.02
2018-10-31 20.86 0.00 1.83
2018-07-31 17.73 0.00 1.84
2018-04-30 17.28 0.00 1.96
2018-01-31 17.12 0.00 2.20
2017-10-31 17.38 0.00 2.20
2017-07-31 17.35 0.00 1.57
2017-04-30 17.33 0.00 1.74
2017-01-31 16.79 0.00 1.75
2016-10-31 16.76 0.00 1.55
2016-07-31 17.34 0.00 1.34
2016-04-30 16.69 0.00 1.34
2016-01-31 16.64 0.00 1.44
2015-10-31 16.38 0.00 1.24
2015-07-31 16.18 0.00 1.39
2015-04-30 20.43 0.00 2.15
2015-01-31 1.73 23.75 0.65
2014-10-31 0.79 21.64 0.56
2014-07-31 -0.09 16.21 0.18
2014-04-30 -3.67 18.99 0.17
2014-01-31 -4.98 20.20 0.15
2013-10-31 -2.50 18.88 0.27
2013-07-31 -2.84 17.54 0.03
2013-04-30 -1.84 17.63 0.00
2013-01-31 -1.45 16.94 0.02
2012-10-31 -1.08 16.71 0.04
2012-07-31 -3.65 18.87 0.02
2012-04-30 -2.95 18.51 0.71
  • Parkit Enterprise has no debt.
  • Parkit Enterprise currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Parkit Enterprise has no debt, it does not need to be covered by operating cash flow.
  • Parkit Enterprise has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Parkit Enterprise's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Parkit Enterprise has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Parkit Enterprise's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Parkit Enterprise dividends.
If you bought CA$2,000 of Parkit Enterprise shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Parkit Enterprise's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Parkit Enterprise's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:PKT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
North America Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 46 Stocks 1.7%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Parkit Enterprise has not reported any payouts.
  • Unable to verify if Parkit Enterprise's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Parkit Enterprise's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Parkit Enterprise has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Parkit Enterprise's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Parkit Enterprise afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Parkit Enterprise has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Parkit Enterprise's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Avi Geller
TENURE AS CEO 0.5 years
CEO Bio

Mr. Avrohom Y. Geller, also known as Avi, has been Interim Chief Executive Officer of Parkit Enterprise Inc. since October 2018 and has been its Executive Director since May 30, 2018. Since 2017, Mr. Geller has served as Chief Investment Officer of Leonite Capital, a family investment office co-founded by Mr. Geller which focuses on real estate and capital markets. Mr. Geller served as Chief Operating Officer at FirstFire Capital Management LLC from 2015 to 2016. His responsibilities ranged from overseeing the fund’s administration and audit to performing technical and fundamental due diligence on prospective investments and managing the deal flow process. He also leverages his extensive personal network of bankers, brokers and investors to the fund’s benefit. He has five years of experience in the micro-cap space and has worked on a variety of debt, equity and hybrid deals across all industries. Mr. Geller also serves as a director on the board of Dealflow Financial Products and as chairman of Axios Mobile Assets. He was a research analyst at FireRock Capital from 2012 to 2015. Mr. Avrohom Y. Geller has been the Non - Executive Director at Nova Corporate since November , 19 2018.

CEO Compensation
  • Insufficient data for Avi to compare compensation growth.
  • Insufficient data for Avi to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure

Average tenure of the Parkit Enterprise management team in years:

1.3
Average Tenure
  • The average tenure for the Parkit Enterprise management team is less than 2 years, this suggests a new team.
Management Team

JoAnne Odette

TITLE
Chief Financial Officer
COMPENSATION
CA$83K
TENURE
1.7 yrs

David Delaney

TITLE
Executive Chairman
TENURE
1.3 yrs

Avi Geller

TITLE
Interim CEO & Executive Director
TENURE
0.5 yrs

Shoni Bernard

TITLE
Corporate Secretary
AGE
60
TENURE
10.9 yrs

Steven Strauss

TITLE
Vice-President

Avi Minkowitz

TITLE
Vice President
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure of the Parkit Enterprise board of directors in years:

0.8
Average Tenure
  • The average tenure for the Parkit Enterprise board of directors is less than 3 years, this suggests a new board.
Board of Directors

David Delaney

TITLE
Executive Chairman
TENURE
0.7 yrs

Avi Geller

TITLE
Interim CEO & Executive Director
TENURE
0.9 yrs

Brad Dunkley

TITLE
Director
COMPENSATION
CA$10K
AGE
42
TENURE
1.9 yrs

Elie Norowitz

TITLE
Director
TENURE
0.8 yrs

Brad Miller

TITLE
Director
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Parkit Enterprise insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
26. Mar 19 Buy Avi Minkowitz Individual 26. Mar 19 26. Mar 19 1,000 CA$0.32 CA$320
08. Mar 19 Buy Avi Minkowitz Individual 07. Mar 19 07. Mar 19 2,000 CA$0.31 CA$620
25. Jan 19 Buy David Delaney Individual 24. Jan 19 24. Jan 19 1,700 CA$0.28 CA$468
26. Dec 18 Buy Brad Dunkley Individual 18. Dec 18 18. Dec 18 862,068 CA$0.29 CA$250,000
21. Dec 18 Buy Leonite Capital LLC Company 18. Dec 18 18. Dec 18 862,068 CA$0.29 CA$250,000
21. Dec 18 Buy Brad Dunkley Individual 20. Dec 18 20. Dec 18 51,000 CA$0.27 CA$13,770
14. Dec 18 Buy Brad Dunkley Individual 11. Dec 18 12. Dec 18 153,000 CA$0.27 CA$41,302
11. Dec 18 Buy Leonite Capital LLC Company 11. Dec 18 11. Dec 18 15,000 CA$0.27 CA$4,060
11. Dec 18 Buy Brad Dunkley Individual 07. Dec 18 07. Dec 18 6,500 CA$0.28 CA$1,820
04. Dec 18 Buy Leonite Capital LLC Company 04. Dec 18 04. Dec 18 3,650 CA$0.28 CA$1,011
08. May 18 Sell Leonite Capital LLC Company 25. May 17 27. Apr 18 -73,100 CA$0.48 CA$-33,852
08. May 18 Buy Leonite Capital LLC Company 04. Apr 17 26. Apr 18 2,398,987 CA$0.45 CA$887,721
X
Management checks
We assess Parkit Enterprise's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Parkit Enterprise has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Should You Sell Parkit Enterprise Inc (CVE:PKT) At This PE Ratio?

I am writing today to help inform people who are new to the stock market. … and want to begin learning the link between Parkit Enterprise Inc (CVE:PKT)’s fundamentals and stock market performance. … While PKT might seem like a stock to avoid or sell if you own it, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions

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A Look At Parkit Enterprise Inc (TSXV:PKT) And The Service Sector

However this rate still came in below the growth rate of the Canadian stock market as a whole. … Given the lack of analyst consensus in PKT’s outlook, we could potentially assume the stock’s growth rate broadly follows its commercial services industry peers. … TSXV:PKT PE PEG Gauge Nov 18th 17 The commercial services sector's PE is currently hovering around 19x, relatively similar to the rest of the Canadian stock market PE of 17x.

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Can Parkit Enterprise Inc (TSXV:PKT) Improve Your Portfolio Returns?

Generally, an investor should consider two types of risk that impact the market value of PKT. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one.

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Company Info

Description

Parkit Enterprise Inc. is a real estate investment firm specializing in acquisition and operation of income-producing parking facilities. The firm seeks to invest in the United States. Parkit Enterprise Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.

Details
Name: Parkit Enterprise Inc.
PKT
Exchange: TSXV
Founded: 2006
CA$10,979,090
34,854,257
Website: http://www.parkitenterprise.com
Address: Parkit Enterprise Inc.
Suite 1088 - 999,
West Hastings Street,
Vancouver,
British Columbia, V6C 2W2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV PKT Common Shares TSX Venture Exchange CA CAD 23. Oct 2009
OTCPK PKTE.F Common Shares Pink Sheets LLC US USD 23. Oct 2009
Number of employees
Current staff
Staff numbers
0
Parkit Enterprise employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 00:22
End of day share price update: 2019/04/17 00:00
Last earnings filing: 2019/03/29
Last earnings reported: 2019/01/31
Last annual earnings reported: 2018/10/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.