PKI Stock Overview
Parkland Corporation operates food and convenience stores in Canada, the United States, the Caribbean region, and Central and South America.
+ 1 more risk
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$33.11|
|52 Week High||CA$41.78|
|52 Week Low||CA$31.18|
|1 Month Change||-8.51%|
|3 Month Change||-6.31%|
|1 Year Change||-14.44%|
|3 Year Change||-20.31%|
|5 Year Change||11.44%|
|Change since IPO||1,302.69%|
Recent News & Updates
Are Investors Undervaluing Parkland Corporation (TSE:PKI) By 43%?
Does the June share price for Parkland Corporation ( TSE:PKI ) reflect what it's really worth? Today, we will estimate...
|PKI||CA Oil and Gas||CA Market|
Return vs Industry: PKI underperformed the Canadian Oil and Gas industry which returned 27.5% over the past year.
Return vs Market: PKI underperformed the Canadian Market which returned -5.7% over the past year.
|PKI Average Weekly Movement||5.1%|
|Oil and Gas Industry Average Movement||10.4%|
|Market Average Movement||9.9%|
|10% most volatile stocks in CA Market||17.2%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: PKI is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PKI's weekly volatility (5%) has been stable over the past year.
About the Company
Parkland Corporation operates food and convenience stores in Canada, the United States, the Caribbean region, and Central and South America. The company operates through four segments: Canada, USA, Supply, and International. The Canada segment owns, operates, supports, and distributes a coast-to-coast network of retail convenience, food, and fuel sites, as well as commercial cardlocks and bulk fuel facilities; and provides propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers.
Parkland Fundamentals Summary
|PKI fundamental statistics|
Is PKI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PKI income statement (TTM)|
|Cost of Revenue||CA$21.55b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.79|
|Net Profit Margin||0.50%|
How did PKI perform over the long term?See historical performance and comparison
3.9%Current Dividend Yield
Is PKI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PKI?
Other financial metrics that can be useful for relative valuation.
|What is PKI's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does PKI's PE Ratio compare to its peers?
|PKI PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: PKI is expensive based on its Price-To-Earnings Ratio (41.9x) compared to the peer average (37.1x).
Price to Earnings Ratio vs Industry
How does PKI's PE Ratio compare vs other companies in the Canadian Oil and Gas Industry?
Price-To-Earnings vs Industry: PKI is expensive based on its Price-To-Earnings Ratio (41.9x) compared to the Canadian Oil and Gas industry average (7.6x)
Price to Earnings Ratio vs Fair Ratio
What is PKI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||41.9x|
|Fair PE Ratio||20.2x|
Price-To-Earnings vs Fair Ratio: PKI is expensive based on its Price-To-Earnings Ratio (41.9x) compared to the estimated Fair Price-To-Earnings Ratio (20.2x).
Share Price vs Fair Value
What is the Fair Price of PKI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PKI (CA$33.11) is trading below our estimate of fair value (CA$63.47)
Significantly Below Fair Value: PKI is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: PKI is poor value based on its PEG Ratio (1.4x)
Discover undervalued companies
How is Parkland forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PKI's forecast earnings growth (30.2% per year) is above the savings rate (1.6%).
Earnings vs Market: PKI's earnings (30.2% per year) are forecast to grow faster than the Canadian market (7.4% per year).
High Growth Earnings: PKI's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PKI's revenue (2.1% per year) is forecast to grow slower than the Canadian market (6.6% per year).
High Growth Revenue: PKI's revenue (2.1% 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 PKI's Return on Equity is forecast to be high in 3 years time
Discover growth companies
How has Parkland performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PKI has a large one-off loss of CA$81.0M impacting its March 31 2022 financial results.
Growing Profit Margin: PKI's current net profit margins (0.5%) are lower than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: PKI's earnings have grown by 8.4% per year over the past 5 years.
Accelerating Growth: PKI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PKI had negative earnings growth (-35.3%) over the past year, making it difficult to compare to the Oil and Gas industry average (171.2%).
Return on Equity
High ROE: PKI's Return on Equity (6.6%) is considered low.
Discover strong past performing companies
How is Parkland's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PKI's short term assets (CA$4.1B) exceed its short term liabilities (CA$2.6B).
Long Term Liabilities: PKI's short term assets (CA$4.1B) do not cover its long term liabilities (CA$7.8B).
Debt to Equity History and Analysis
Debt Level: PKI's net debt to equity ratio (222.4%) is considered high.
Reducing Debt: PKI's debt to equity ratio has increased from 103% to 236.5% over the past 5 years.
Debt Coverage: PKI's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: PKI's interest payments on its debt are well covered by EBIT (3.2x coverage).
Discover healthy companies
What is Parkland current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PKI's dividend (3.93%) is higher than the bottom 25% of dividend payers in the Canadian market (2.08%).
High Dividend: PKI's dividend (3.93%) is low compared to the top 25% of dividend payers in the Canadian market (5.35%).
Stability and Growth of Payments
Stable Dividend: PKI's dividends per share have been stable in the past 10 years.
Growing Dividend: PKI's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (153.9%), PKI's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (111.1%), PKI's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Espey (55 yo)
Mr. Robert Berthold Espey, also known as Bob, serves as an Independent Director of Boyd Group Services Inc. since May 12, 2021. Mr. Espey has been the President at Parkland Corporation (formerly known as P...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD3.84M) is about average for companies of similar size in the Canadian market ($USD3.49M).
Compensation vs Earnings: Bob's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: PKI's management team is considered experienced (3.7 years average tenure).
Experienced Board: PKI's board of directors are considered experienced (7.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PKI 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 3.3%.
Parkland Corporation's employee growth, exchange listings and data sources
- Name: Parkland Corporation
- Ticker: PKI
- Exchange: TSX
- Founded: 1977
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Implied Market Cap: CA$5.014b
- Shares outstanding: 155.56m
- Website: https://www.parkland.ca
Number of Employees
- Parkland Corporation
- 240 4th Avenue SW
- Suite 1800
- T2P 4H4
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 00:00|
|End of Day Share Price||2022/06/24 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.