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Parques Reunidos Servicios Centrales

DB:0RE
Snowflake Description

Reasonable growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0RE
DB
€1B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Parques Reunidos Servicios Centrales, S.A. The last earnings update was 48 days ago. More info.


Add to Portfolio Compare Print
  • Parques Reunidos Servicios Centrales has significant price volatility in the past 3 months.
0RE Share Price and Events
7 Day Returns
-0.1%
DB:0RE
-1.1%
DE Hospitality
-0.4%
DE Market
1 Year Returns
2.5%
DB:0RE
-51%
DE Hospitality
-6.2%
DE Market
0RE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Parques Reunidos Servicios Centrales (0RE) -0.1% 0.3% 30.2% 2.5% 7.8% -
DE Hospitality -1.1% -4.9% -7.3% -51% -17.1% -28.8%
DE Market -0.4% 0.7% 1.8% -6.2% 13.9% 7.5%
1 Year Return vs Industry and Market
  • 0RE outperformed the Hospitality industry which returned -51% over the past year.
  • 0RE outperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
0RE
Industry
5yr Volatility vs Market

0RE Value

 Is Parques Reunidos Servicios Centrales 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
Here we compare the current share price of Parques Reunidos Servicios Centrales to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Parques Reunidos Servicios Centrales.

DB:0RE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.2%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:0RE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 8.2%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.917 (1 + (1- 25%) (113.39%))
1.467
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.47
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.467 * 8.18%)
12.23%

Discounted Cash Flow Calculation for DB:0RE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Parques Reunidos Servicios Centrales is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:0RE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 12.23%)
2019 29.40 Analyst x1 26.20
2020 57.50 Analyst x1 45.65
2021 68.20 Analyst x1 48.24
2022 76.38 Est @ 11.99% 48.14
2023 82.84 Est @ 8.46% 46.53
2024 87.81 Est @ 5.99% 43.94
2025 91.55 Est @ 4.26% 40.82
2026 94.35 Est @ 3.05% 37.48
2027 96.43 Est @ 2.21% 34.13
2028 97.98 Est @ 1.61% 30.91
Present value of next 10 years cash flows €402.04
DB:0RE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €97.98 × (1 + 0.23%) ÷ (12.23% – 0.23%)
€818.19
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €818.19 ÷ (1 + 12.23%)10
€258.07
DB:0RE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €402.04 + €258.07
€660.11
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €660.11 / 80.74
€8.18
DB:0RE Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:0RE represents 0.99856x of BME:PQR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99856x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 8.18 x 0.99856
€8.16
Value per share (EUR) From above. €8.16
Current discount Discount to share price of €13.88
= -1 x (€13.88 - €8.16) / €8.16
-70%

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

  • The current share price of Parques Reunidos Servicios Centrales is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Parques Reunidos Servicios Centrales's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Parques Reunidos Servicios Centrales's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0RE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €-2.70
BME:PQR Share Price ** BME (2019-06-26) in EUR €13.9
Germany Hospitality Industry PE Ratio Median Figure of 10 Publicly-Listed Hospitality Companies 18.21x
Germany Market PE Ratio Median Figure of 425 Publicly-Listed Companies 19.49x

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

** Primary Listing of Parques Reunidos Servicios Centrales.

DB:0RE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BME:PQR Share Price ÷ EPS (both in EUR)

= 13.9 ÷ -2.70

-5.15x

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

  • Parques Reunidos Servicios Centrales is loss making, we can't compare its value to the DE Hospitality industry average.
  • Parques Reunidos Servicios Centrales is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Parques Reunidos Servicios Centrales's expected growth come at a high price?
Raw Data
DB:0RE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.15x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
87.6%per year
Germany Hospitality Industry PEG Ratio Median Figure of 5 Publicly-Listed Hospitality Companies 1.28x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.45x

*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 Parques Reunidos Servicios Centrales, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Parques Reunidos Servicios Centrales's assets?
Raw Data
DB:0RE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €12.09
BME:PQR Share Price * BME (2019-06-26) in EUR €13.9
Germany Hospitality Industry PB Ratio Median Figure of 12 Publicly-Listed Hospitality Companies 2.23x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.8x
DB:0RE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BME:PQR Share Price ÷ Book Value per Share (both in EUR)

= 13.9 ÷ 12.09

1.15x

* Primary Listing of Parques Reunidos Servicios Centrales.

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

  • Parques Reunidos Servicios Centrales is good value based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Parques Reunidos Servicios Centrales'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 Hospitality 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 Hospitality industry average (and greater than 0)? (1 check)
  5. Parques Reunidos Servicios Centrales has a total score of 1/6, 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.

0RE Future Performance

 How is Parques Reunidos Servicios Centrales expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
87.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Parques Reunidos Servicios Centrales expected to grow at an attractive rate?
  • Parques Reunidos Servicios Centrales's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Parques Reunidos Servicios Centrales's earnings growth is expected to exceed the Germany market average.
  • Parques Reunidos Servicios Centrales's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:0RE Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:0RE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 87.6%
DB:0RE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 18%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 21%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*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
DB:0RE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:0RE Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-09-30 738 78 2
2020-09-30 710 74 2
2019-09-30 656 57 2
DB:0RE Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 324 -218
2018-12-31 307 -52 -183
2018-09-30 583 171 12
2018-06-30 579 12
2018-03-31 584 171 18
2017-12-31 581 5
2017-09-30 579 161 11
2017-06-30 589 51
2017-03-31 582 165 28
2016-12-31 583 20
2016-09-30 579 153 4
2016-06-30 607 -8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Parques Reunidos Servicios Centrales's earnings are expected to grow significantly at over 20% yearly.
  • Parques Reunidos Servicios Centrales's revenue is expected to grow by 18% yearly, however this is not considered high growth (20% yearly).
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
DB:0RE 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 2 Analyst Estimates (S&P Global) See Below

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

DB:0RE Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-09-30 0.97 0.97 0.97 1.00
2020-09-30 0.92 0.92 0.92 1.00
2019-09-30 0.70 0.70 0.70 1.00
DB:0RE Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 -2.70
2018-12-31 -2.27
2018-09-30 0.15
2018-06-30
2018-03-31 0.23
2017-12-31
2017-09-30 0.14
2017-06-30
2017-03-31 0.37
2016-12-31
2016-09-30 0.06
2016-06-30

*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.
  • Parques Reunidos Servicios Centrales is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Parques Reunidos Servicios Centrales'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Parques Reunidos Servicios Centrales has a total score of 4/6, 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.

0RE Past Performance

  How has Parques Reunidos Servicios Centrales 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 Parques Reunidos Servicios Centrales's growth in the last year to its industry (Hospitality).
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.
  • Parques Reunidos Servicios Centrales does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Parques Reunidos Servicios Centrales's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Parques Reunidos Servicios Centrales's 1-year growth to the DE Hospitality industry average as it is not currently profitable.
Earnings and Revenue History
Parques Reunidos Servicios Centrales'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 Parques Reunidos Servicios Centrales Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0RE Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 324.22 -217.87 194.02
2018-12-31 307.42 -183.07 186.52
2018-09-30 583.09 12.11 207.31
2018-06-30 579.03 11.53 220.53
2018-03-31 583.58 18.20 220.23
2017-12-31 581.23 4.53 219.43
2017-09-30 579.33 11.33 218.23
2017-06-30 588.96 51.41 220.34
2017-03-31 582.07 28.28 217.02
2016-12-31 583.36 19.51 216.74
2016-09-30 578.56 3.91 215.44
2016-06-30 606.53 -8.30 231.17
2015-12-31 604.25 18.97 226.60
2015-09-30 605.50 20.10 225.47
2014-09-30 544.27 7.46 200.66
2013-09-30 541.17 -63.12 205.28
2012-09-30 561.93 -153.03 216.59

*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.
  • It is difficult to establish if Parques Reunidos Servicios Centrales has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Parques Reunidos Servicios Centrales has efficiently used its assets last year compared to the DE Hospitality industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Parques Reunidos Servicios Centrales improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Parques Reunidos Servicios Centrales'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 Hospitality 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.
Parques Reunidos Servicios Centrales has a total score of 0/6, 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.

0RE Health

 How is Parques Reunidos Servicios Centrales'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 Parques Reunidos Servicios Centrales's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Parques Reunidos Servicios Centrales's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Parques Reunidos Servicios Centrales's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Parques Reunidos Servicios Centrales'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.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
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 Parques Reunidos Servicios Centrales Company Filings, last reported 2 months ago.

DB:0RE Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 976.80 977.00 84.50
2018-12-31 1,055.72 635.33 53.15
2018-09-30 1,095.48 562.91 55.71
2018-06-30 1,032.40 647.90 54.80
2018-03-31 1,022.31 638.12 44.25
2017-12-31 1,076.30 602.60 98.00
2017-09-30 1,108.78 578.65 123.13
2017-06-30 1,049.30 654.10 83.10
2017-03-31 1,055.66 661.16 57.65
2016-12-31 1,126.60 636.50 87.90
2016-09-30 1,132.32 593.66 109.95
2016-06-30 1,023.50 708.00 81.80
2015-12-31 582.78 1,189.24 112.99
2015-09-30 610.03 1,167.44 179.80
2014-09-30 581.70 1,101.04 183.15
2013-09-30 546.32 1,058.93 122.46
2012-09-30 126.49 1,510.30 127.66
  • Parques Reunidos Servicios Centrales's level of debt (130.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (191.5% vs 130.3% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Information is not available.
  • Unable to confirm if Parques Reunidos Servicios Centrales has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Parques Reunidos Servicios Centrales'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. Parques Reunidos Servicios Centrales has a total score of 1/6, 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.

0RE Dividends

 What is Parques Reunidos Servicios Centrales'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 Parques Reunidos Servicios Centrales dividends. Estimated to be 1.74% next year.
If you bought €2,000 of Parques Reunidos Servicios Centrales shares you are expected to receive €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 Parques Reunidos Servicios Centrales's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Parques Reunidos Servicios Centrales's dividend against the top 25% market benchmark as the company has not reported any payouts.
Upcoming dividend payment

Purchase Parques Reunidos Servicios Centrales before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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
DB:0RE 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 2 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 8.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:0RE Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-09-30 0.25 2.00
2020-09-30 0.24 2.00
2019-09-30 0.24 2.00

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

  • Unable to perform a dividend volatility check as Parques Reunidos Servicios Centrales has not reported any payouts.
  • Unable to verify if Parques Reunidos Servicios Centrales's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Parques Reunidos Servicios Centrales's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Parques Reunidos Servicios Centrales has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.7x coverage).
X
Income/ dividend checks
We assess Parques Reunidos Servicios Centrales's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Parques Reunidos Servicios Centrales afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Parques Reunidos Servicios Centrales has a total score of 1/6, see the detailed checks below.


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

0RE Management

 What is the CEO of Parques Reunidos Servicios Centrales'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
José Gómez
TENURE AS CEO 0.4 years
CEO Bio

Mr. José Díaz Gómez has been Chief Executive Officer and Director at Parques Reunidos Servicios Centrales, S.A. since January 2019. Mr. Gómez has held several executive positions throughout his career, including Marketing & Loyalty Director at Continente, subsequently at Carrefour General Manager at Aspro Ocio and General Manager at Aurgi. In addition, he has extensive experience in the leisure park sector as well as a deep knowledge of Parques Reunidos, where he was Managing Director as well as CEO between 2004 and 2013. Mr. Gómez holds a bachelor’s degree in Law and Economics and Business Administration from Universidad Pontificia de Comillas (ICADE E-3), and an Executive Business Management Program from IESE.

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

Average tenure of the Parques Reunidos Servicios Centrales management team in years:

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

José Gómez

TITLE
CEO & Director
TENURE
0.4 yrs

Isidoro Díez

TITLE
Chief Financial Officer
AGE
47
TENURE
11.4 yrs

Jesús Fernández Morán

TITLE
Chief Operating Officer
TENURE
0.4 yrs

Juan Barbolla

TITLE
Chief Investor Relations & Strategy Officer
TENURE
3.4 yrs

Cristina Carro Werner

TITLE
General Counsel & Non-Director Secretary

Yolanda Mediano

TITLE
Human Resources Corporate Officer
TENURE
1.3 yrs

Juan Vieites

TITLE
Head of IT Division for Europe

Dan Vogt

TITLE
Head of IT Division for US

Gabriel Nunez Fernandez

TITLE
Vice-Secretary
Board of Directors Tenure

Average tenure and age of the Parques Reunidos Servicios Centrales board of directors in years:

1.3
Average Tenure
45
Average Age
  • The average tenure for the Parques Reunidos Servicios Centrales board of directors is less than 3 years, this suggests a new board.
Board of Directors

Richard T. W. Golding

TITLE
Chairman
TENURE
0.9 yrs

José Gómez

TITLE
CEO & Director
TENURE
0.4 yrs

Nicolás Jiménez

TITLE
Independent Director
AGE
69
TENURE
3.2 yrs

Ana Valle

TITLE
Director
TENURE
1.6 yrs

Dag Erik Johan Svanstrom

TITLE
Independent Director
AGE
45
TENURE
3.2 yrs

Javier Fernández Alonso

TITLE
Director
AGE
41
TENURE
2.3 yrs

Jackie Kernaghan

TITLE
Director
TENURE
1.3 yrs

Mario Montes

TITLE
Director
TENURE
1.3 yrs

Carlos Ortega Arias-Paz

TITLE
Director
TENURE
1.3 yrs

Jonathan Rubinstein

TITLE
Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Parques Reunidos Servicios Centrales'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. Parques Reunidos Servicios Centrales 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.

0RE News

Simply Wall St News

0RE Company Info

Description

Parques Reunidos Servicios Centrales, S.A. operates leisure parks. It operates theme parks, zoos and marine parks, water parks, nature parks, botanical gardens, cable cars, indoor entertainment centers, and other attractions across Europe, the Americas, and the Middle East. The company also operates third-party parks; offers consultancy for park developers; owns land; and manages hotels. The company was formerly known as Centaur Spain Two, S.L.U and changed its name to Parques Reunidos Servicios Centrales, S.A. in March 2010. Parques Reunidos Servicios Centrales, S.A. was founded in 1967 and is based in Madrid, Spain.

Details
Name: Parques Reunidos Servicios Centrales, S.A.
0RE
Exchange: DB
Founded: 1967
€1,122,314,411
80,742,044
Website: http://www.parquesreunidos.com
Address: Parques Reunidos Servicios Centrales, S.A.
Paseo de la Castellana, 216,
16th Floor,
Madrid,
Madrid, 28046,
Spain
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BME PQR Ordinary Shares Bolsas y Mercados Espanoles ES EUR 29. Apr 2016
OTCPK PARQ.F Ordinary Shares Pink Sheets LLC US USD 29. Apr 2016
DB 0RE Ordinary Shares Deutsche Boerse AG DE EUR 29. Apr 2016
LSE 0RG3 Ordinary Shares London Stock Exchange GB EUR 29. Apr 2016
Number of employees
Current staff
Staff numbers
3,071
Parques Reunidos Servicios Centrales employees.
Industry
Leisure Facilities
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 22:17
End of day share price update: 2019/06/26 00:00
Last estimates confirmation: 2019/06/12
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.