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Parkland TSX:PKI Stock Report

Last Price

CA$32.42

Market Cap

CA$5.6b

7D

-7.3%

1Y

-24.8%

Updated

22 Dec, 2024

Data

Company Financials +

Parkland Corporation

TSX:PKI Stock Report

Market Cap: CA$5.6b

PKI Stock Overview

Operates food and convenience stores in Canada, the United States, and internationally. More details

PKI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance1/6
Financial Health2/6
Dividends4/6

Rewards

Trading at 64.1% below our estimate of its fair value

Earnings are forecast to grow 32.44% per year

Analysts in good agreement that stock price will rise by 46.6%

Risk Analysis

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Profit margins (0.8%) are lower than last year (1.4%)

Dividend of 4.32% is not well covered by earnings


My Notes

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WA
Analyst Price Target
Consensus Narrative from 13 Analysts

JOURNIE Loyalty Program And On The Run Conversions Will Drive Revenue Growth And Boost Margins

Key Takeaways Parkland's growth in retail and commercial sectors is driven by loyalty programs, store conversions, and potential alcohol sales increases store traffic and margins. U.S. operational improvements and strategic divestments aim to reduce costs, strengthen the balance sheet, and improve shareholder value.
View narrative
CA$47.54
FV
31.8% undervalued intrinsic discount
2.38%
Revenue growth p.a.
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5 days ago author updated this narrative

Parkland Corporation Competitors

Secure Energy Services

TSX:SES

CA$3.8b

Whitecap Resources

TSX:WCP

CA$5.6b

MEG Energy

TSX:MEG

CA$5.8b

PrairieSky Royalty

TSX:PSK

CA$6.4b

Price History & Performance

Summary of share price highs, lows and changes for Parkland
Historical stock prices
Current Share PriceCA$32.42
52 Week HighCA$47.99
52 Week LowCA$31.68
Beta1.35
1 Month Change-4.56%
3 Month Change-7.29%
1 Year Change-24.76%
3 Year Change-5.73%
5 Year Change-32.58%
Change since IPO4,237.23%

Recent News & Updates

Parkland (TSE:PKI) Will Pay A Dividend Of CA$0.35

Dec 15
Parkland (TSE:PKI) Will Pay A Dividend Of CA$0.35

What You Can Learn From Parkland Corporation's (TSE:PKI) P/E

Dec 13
What You Can Learn From Parkland Corporation's (TSE:PKI) P/E

Recent updates

Parkland (TSE:PKI) Will Pay A Dividend Of CA$0.35

Dec 15
Parkland (TSE:PKI) Will Pay A Dividend Of CA$0.35

What You Can Learn From Parkland Corporation's (TSE:PKI) P/E

Dec 13
What You Can Learn From Parkland Corporation's (TSE:PKI) P/E

Is Parkland (TSE:PKI) Using Too Much Debt?

Oct 08
Is Parkland (TSE:PKI) Using Too Much Debt?

Slowing Rates Of Return At Parkland (TSE:PKI) Leave Little Room For Excitement

Sep 05
Slowing Rates Of Return At Parkland (TSE:PKI) Leave Little Room For Excitement

Investors Aren't Entirely Convinced By Parkland Corporation's (TSE:PKI) Earnings

Aug 21
Investors Aren't Entirely Convinced By Parkland Corporation's (TSE:PKI) Earnings

These 4 Measures Indicate That Parkland (TSE:PKI) Is Using Debt Extensively

Jul 02
These 4 Measures Indicate That Parkland (TSE:PKI) Is Using Debt Extensively

If EPS Growth Is Important To You, Parkland (TSE:PKI) Presents An Opportunity

Jan 03
If EPS Growth Is Important To You, Parkland (TSE:PKI) Presents An Opportunity

Investors Appear Satisfied With Parkland Corporation's (TSE:PKI) Prospects

Dec 18
Investors Appear Satisfied With Parkland Corporation's (TSE:PKI) Prospects

Parkland Corporation's (TSE:PKI) Intrinsic Value Is Potentially 40% Above Its Share Price

Oct 23
Parkland Corporation's (TSE:PKI) Intrinsic Value Is Potentially 40% Above Its Share Price

If EPS Growth Is Important To You, Parkland (TSE:PKI) Presents An Opportunity

Sep 26
If EPS Growth Is Important To You, Parkland (TSE:PKI) Presents An Opportunity

Is Parkland (TSE:PKI) A Risky Investment?

Jul 27
Is Parkland (TSE:PKI) A Risky Investment?

Estimating The Intrinsic Value Of Parkland Corporation (TSE:PKI)

Jul 12
Estimating The Intrinsic Value Of Parkland Corporation (TSE:PKI)

We Think Parkland (TSE:PKI) Is Taking Some Risk With Its Debt

Apr 16
We Think Parkland (TSE:PKI) Is Taking Some Risk With Its Debt

A Look At The Intrinsic Value Of Parkland Corporation (TSE:PKI)

Mar 31
A Look At The Intrinsic Value Of Parkland Corporation (TSE:PKI)

Is Parkland Corporation (TSE:PKI) Trading At A 26% Discount?

Dec 27
Is Parkland Corporation (TSE:PKI) Trading At A 26% Discount?

Parkland (TSE:PKI) Takes On Some Risk With Its Use Of Debt

Nov 25
Parkland (TSE:PKI) Takes On Some Risk With Its Use Of Debt

Are Investors Undervaluing Parkland Corporation (TSE:PKI) By 38%?

Sep 22
Are Investors Undervaluing Parkland Corporation (TSE:PKI) By 38%?

Is Parkland (TSE:PKI) Using Too Much Debt?

Aug 11
Is Parkland (TSE:PKI) Using Too Much Debt?

Are Investors Undervaluing Parkland Corporation (TSE:PKI) By 43%?

Jun 14
Are Investors Undervaluing Parkland Corporation (TSE:PKI) By 43%?

Shareholder Returns

PKICA Oil and GasCA Market
7D-7.3%-3.5%-2.6%
1Y-24.8%11.2%15.2%

Return vs Industry: PKI underperformed the Canadian Oil and Gas industry which returned 11.3% over the past year.

Return vs Market: PKI underperformed the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is PKI's price volatile compared to industry and market?
PKI volatility
PKI Average Weekly Movement3.7%
Oil and Gas Industry Average Movement6.3%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

Stable Share Price: PKI has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: PKI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1977n/aBob Espeywww.parkland.ca

Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally. The company’s Canada segment owns, supplies, and supports a coast-to-coast network of retail gas stations, electronic vehicle charging stations, frozen food retail locations, convenience stores, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers; transports and distributes fuel through ships, rail, and highway carriers; and stores fuel in terminals and other owned and leased facilities, as well as engages in the low-carbon activities. This segment sells its products under the M&M Food Market, On the Run / Marché Express, Ultramar, Esso, Chevron, Pioneer, Fas Gas Plus, Bluewave Energy, Pipeline Commercial, Columbia Fuels, and Sparlings Propane brand names.

Parkland Corporation Fundamentals Summary

How do Parkland's earnings and revenue compare to its market cap?
PKI fundamental statistics
Market capCA$5.63b
Earnings (TTM)CA$242.00m
Revenue (TTM)CA$29.32b

23.3x

P/E Ratio

0.2x

P/S Ratio

Is PKI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PKI income statement (TTM)
RevenueCA$29.32b
Cost of RevenueCA$25.66b
Gross ProfitCA$3.66b
Other ExpensesCA$3.42b
EarningsCA$242.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.39
Gross Margin12.48%
Net Profit Margin0.83%
Debt/Equity Ratio169.3%

How did PKI perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

100%

Payout Ratio

Does PKI pay a reliable dividends?

See PKI dividend history and benchmarks
When do you need to buy PKI by to receive an upcoming dividend?
Parkland dividend dates
Ex Dividend DateDec 20 2024
Dividend Pay DateJan 15 2025
Days until Ex dividend2 days
Days until Dividend pay date24 days

Does PKI pay a reliable dividends?

See PKI dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:16
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Parkland Corporation is covered by 20 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Capital Markets
John GibsonBMO Capital Markets Equity Research
Luke HannanCanaccord Genuity