Park Lawn Corporation, together with its subsidiaries, provides funeral, cremation, and cemetery services in Canada and the United States. More Details
Solid track record with adequate balance sheet.
Share Price & News
How has Park Lawn's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PLC is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PLC's weekly volatility (5%) has been stable over the past year.
7 Day Return
CA Consumer Services
1 Year Return
CA Consumer Services
Return vs Industry: PLC matched the Canadian Consumer Services industry which returned 63.4% over the past year.
Return vs Market: PLC exceeded the Canadian Market which returned 39.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Park Lawn's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StPark Lawn (TSE:PLC) Has A Pretty Healthy Balance Sheet
1 month ago | Simply Wall StHere's Why I Think Park Lawn (TSE:PLC) Is An Interesting Stock
1 month ago | Simply Wall StThree Things You Should Check Before Buying Park Lawn Corporation (TSE:PLC) For Its Dividend
Is Park Lawn undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PLC (CA$33.51) is trading below our estimate of fair value (CA$36.8)
Significantly Below Fair Value: PLC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: PLC is poor value based on its PE Ratio (35.6x) compared to the North American Consumer Services industry average (17.7x).
PE vs Market: PLC is poor value based on its PE Ratio (35.6x) compared to the Canadian market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PLC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PLC is overvalued based on its PB Ratio (2x) compared to the CA Consumer Services industry average (1.5x).
How is Park Lawn forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if PLC's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if PLC's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PLC's revenue (6.3% per year) is forecast to grow slower than the Canadian market (6.4% per year).
High Growth Revenue: PLC's revenue (6.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PLC's Return on Equity is forecast to be high in 3 years time
How has Park Lawn performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLC has high quality earnings.
Growing Profit Margin: PLC's current net profit margins (8.1%) are higher than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: PLC's earnings have grown significantly by 31.1% per year over the past 5 years.
Accelerating Growth: PLC's earnings growth over the past year (550%) exceeds its 5-year average (31.1% per year).
Earnings vs Industry: PLC earnings growth over the past year (550%) exceeded the Consumer Services industry 18%.
Return on Equity
High ROE: PLC's Return on Equity (5.5%) is considered low.
How is Park Lawn's financial position?
Financial Position Analysis
Short Term Liabilities: PLC's short term assets (CA$107.8M) exceed its short term liabilities (CA$53.1M).
Long Term Liabilities: PLC's short term assets (CA$107.8M) do not cover its long term liabilities (CA$973.7M).
Debt to Equity History and Analysis
Debt Level: PLC's debt to equity ratio (44.7%) is considered high.
Reducing Debt: PLC's debt to equity ratio has reduced from 48% to 44.7% over the past 5 years.
Debt Coverage: PLC's debt is well covered by operating cash flow (31%).
Interest Coverage: PLC's interest payments on its debt are well covered by EBIT (5.9x coverage).
What is Park Lawn current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PLC's dividend (1.36%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.54%).
High Dividend: PLC's dividend (1.36%) is low compared to the top 25% of dividend payers in the Canadian market (4.53%).
Stability and Growth of Payments
Stable Dividend: PLC's dividends per share have been stable in the past 10 years.
Growing Dividend: PLC's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.4%), PLC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brad Green (48 yo)
Mr. James Bradley Green, also known as Brad, has been Chief Executive Officer at Park Lawn Corporation and also serves as its Director since June 22, 2020. He served as its Interim Chief Executive Officer ...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD1.39M) is about average for companies of similar size in the Canadian market ($USD1.22M).
Compensation vs Earnings: Brad's compensation has increased by more than 20% in the past year.
Experienced Management: PLC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: PLC's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PLC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.
Park Lawn Corporation's company bio, employee growth, exchange listings and data sources
- Name: Park Lawn Corporation
- Ticker: PLC
- Exchange: TSX
- Founded: 1892
- Industry: Specialized Consumer Services
- Sector: Consumer Services
- Market Cap: CA$994.129m
- Shares outstanding: 29.67m
- Website: https://www.parklawncorp.com
Number of Employees
- Park Lawn Corporation
- 2 Street Clair Avenue West
- Suite 1300
- M4V 1L5
Park Lawn Corporation, together with its subsidiaries, provides funeral, cremation, and cemetery services in Canada and the United States. The company owns and operates 123 cemeteries, 40 crematoriums, and...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/16 23:01|
|End of Day Share Price||2021/05/14 00:00|
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.