Parkland Future Growth

Future criteria checks 2/6

Parkland is forecast to grow earnings and revenue by 12.1% and 2.5% per annum respectively. EPS is expected to grow by 13.9% per annum. Return on equity is forecast to be 17.5% in 3 years.

Key information

12.1%

Earnings growth rate

13.9%

EPS growth rate

Oil and Gas earnings growth	5.1%
Revenue growth rate	2.5%
Future return on equity	17.5%
Analyst coverage	Good
Last updated	16 Apr 2024

Recent future growth updates

Recent updates

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

Jan 03

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

Dec 18

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 45% Above Its Share Price

Mar 15

Parkland Corporation (TSE:PKI) Shares Could Be 23% Below Their Intrinsic Value Estimate

Dec 08

Parkland's (TSE:PKI) Dividend Will Be CA$0.10

Nov 16

Parkland (TSE:PKI) Has Re-Affirmed Its Dividend Of CA$0.10

Oct 17

Parkland (TSE:PKI) Has Re-Affirmed Its Dividend Of CA$0.10

Aug 16

Parkland (TSE:PKI) Seems To Use Debt Quite Sensibly

Aug 13

Earnings and Revenue Growth Forecasts

TSX:PKI - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	31,776	701	1,076	1,583	2
12/31/2025	33,995	620	1,213	1,725	11
12/31/2024	32,688	488	1,200	1,630	10
12/31/2023	32,452	471	1,298	1,780	N/A
9/30/2023	33,567	454	1,405	1,992	N/A
6/30/2023	34,116	329	1,279	1,868	N/A
3/31/2023	36,012	332	1,127	1,688	N/A
12/31/2022	35,462	310	823	1,326	N/A
9/30/2022	33,029	263	346	815	N/A
6/30/2022	29,589	268	177	611	N/A
3/31/2022	24,848	123	182	592	N/A
12/31/2021	21,468	97	508	904	N/A
9/30/2021	18,688	128	471	746	N/A
6/30/2021	16,204	94	574	799	N/A
3/31/2021	13,921	190	940	1,176	N/A
12/31/2020	14,011	82	817	1,170	N/A
9/30/2020	15,284	205	996	1,413	N/A
6/30/2020	16,391	153	690	1,207	N/A
3/31/2020	18,554	226	461	1,019	N/A
12/31/2019	18,453	382	408	897	N/A
9/30/2019	17,180	283	471	894	N/A
6/30/2019	16,386	308	571	924	N/A
3/31/2019	15,315	263	202	504	N/A
12/31/2018	14,442	206	176	461	N/A
9/30/2018	14,305	178	109	356	N/A
6/30/2018	13,094	141	168	374	N/A
3/31/2018	11,117	80	161	315	N/A
12/31/2017	9,560	82	165	262	N/A
9/30/2017	7,931	36	N/A	193	N/A
6/30/2017	6,969	39	N/A	109	N/A
3/31/2017	6,733	44	N/A	178	N/A
12/31/2016	6,266	47	N/A	165	N/A
9/30/2016	6,182	60	N/A	188	N/A
6/30/2016	6,406	60	N/A	212	N/A
3/31/2016	6,226	45	N/A	156	N/A
12/31/2015	6,300	40	N/A	223	N/A
9/30/2015	6,382	34	N/A	235	N/A
6/30/2015	6,419	30	N/A	251	N/A
3/31/2015	6,902	47	N/A	273	N/A
12/31/2014	7,528	50	N/A	171	N/A
9/30/2014	7,388	62	N/A	103	N/A
6/30/2014	6,998	70	N/A	12	N/A
3/31/2014	6,468	84	N/A	70	N/A
12/31/2013	5,663	92	N/A	133	N/A
9/30/2013	5,063	80	N/A	97	N/A
6/30/2013	4,613	92	N/A	183	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PKI's forecast earnings growth (12.1% per year) is above the savings rate (2%).

Earnings vs Market: PKI's earnings (12.1% per year) are forecast to grow faster than the Canadian market (11.6% per year).

High Growth Earnings: PKI's earnings are forecast to grow, but not significantly.

Revenue vs Market: PKI's revenue (2.5% per year) is forecast to grow slower than the Canadian market (6.6% per year).

High Growth Revenue: PKI's revenue (2.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PKI's Return on Equity is forecast to be low in 3 years time (17.5%).

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Parkland Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Parkland Corporation Announces Temporarily Shuts Down Refinery Processing Operations

Consensus EPS estimates increase by 11%

Price target increased by 7.8% to CA$50.07

Price target increased by 7.9% to CA$47.54

Price target increased by 7.3% to CA$44.46

Consensus EPS estimates fall by 22%, revenue upgraded

Recent updates

Engine Capital Issues a Letter to Parkland Corporation’s Board of Directors

Simpson Oil Limited Calls for Strategic Review at Parkland Corporation

Parkland Corporation Announces Quarterly Dividend, Payable on April 15, 2024

Parkland Corporation to Report Q4, 2023 Results on Feb 27, 2024

Parkland Corporation Appoints James Neate to its Board of Directors, Effective February 10, 2024

Parkland Corporation, Annual General Meeting, Mar 28, 2024

Parkland Corporation Announces Temporarily Shuts Down Refinery Processing Operations

Engine Capital Sends Letter to the Board of Parkland Corporation

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

Parkland Corporation Announces Departure of Michael Christiansen and Marc Halley from the Board of Directors

Parkland Corporation Announces Departure of Michael Christiansen and Marc Halley from the Board of Directors

Insider exercised options and sold CA$710k worth of stock

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

Parkland Corporation Announces Fourth Quarter 2023 Dividend, Payable on January 15, 2024

President of Parkland Canada exercised options and sold CA$424k worth of stock

New minor risk - Insider selling

President of Parkland International recently sold CA$1.2m worth of stock

Consensus EPS estimates increase by 11%

New minor risk - Earnings quality

Price target increased by 7.8% to CA$50.07

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 7.9% to CA$47.54

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

Parkland Corporation to Report Q3, 2023 Results on Nov 01, 2023

Price target increased by 7.3% to CA$44.46

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

Parkland Corporation Announces Dividend, Payable on October 13, 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

High number of new directors

Parkland Corporation Announces Executive Changes

Is Parkland (TSE:PKI) A Risky Investment?

Parkland Corporation to Report Q2, 2023 Results on Aug 03, 2023

Parkland Appoints Nora Duke to its Board of Directors

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

New minor risk - Insider selling

Parkland Corporation Announces Second Quarter 2023 Dividend, to Be Paid on July 14, 2023

President of Parkland International recently sold CA$95k worth of stock

First quarter 2023 earnings: EPS exceeds analyst expectations

Now 21% undervalued

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

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

Upcoming dividend of CA$0.34 per share at 4.7% yield

Consensus EPS estimates fall by 22%, revenue upgraded

Full year 2022 earnings: EPS misses analyst expectations

Parkland Corporation, Annual General Meeting, May 04, 2023

Parkland Corporation to Report Q4, 2022 Results on Mar 02, 2023

President exercised options and sold CA$306k worth of stock

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

Insider recently bought CA$249k worth of stock

Parkland Corporation Announces Fourth Quarter 2022 Dividend, Payable on January 13, 2023

Parkland Corporation Doubles Its Plan to Build One of Western Canada's Largest Ultra-Fast Electric Vehicle Charging Networks

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

Independent Director recently bought CA$50k worth of stock

Independent Chairman recently bought CA$394k worth of stock

Price target decreased to CA$38.71

Consensus forecasts updated

Parkland Corporation (TSX:PKI) completed the acquisition of remaining 25% stake in Sol Investments SEZC from Simpson Oils Limited.

Price target decreased to CA$41.67

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

Parkland Corporation Announces Third Quarter 2022 Dividend, Payable on October 14, 2022

Independent Chairman recently bought CA$71k worth of stock

Independent Chairman recently bought CA$167k worth of stock

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

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

Parkland Corporation to Report Q2, 2022 Results on Aug 04, 2022

Independent Chairman recently bought CA$495k worth of stock

Parkland Corporation Announces Second Quarter 2022 Dividend, Payable on July 15, 2022

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