PARKEN Sport & Entertainment A/S operates in the sports industry in Denmark.
Fair value with questionable track record.
Share Price & News
How has PARKEN Sport & Entertainment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: D2V has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: D2V underperformed the German Hospitality industry which returned 11% over the past year.
Return vs Market: D2V underperformed the German Market which returned 15% over the past year.
Price Volatility Vs. Market
How volatile is PARKEN Sport & Entertainment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is PARKEN Sport & Entertainment undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: D2V (€13.5) is trading above our estimate of fair value (€3.86)
Significantly Below Fair Value: D2V is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: D2V is good value based on its PE Ratio (14.5x) compared to the Hospitality industry average (23.8x).
PE vs Market: D2V is good value based on its PE Ratio (14.5x) compared to the German market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate D2V's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: D2V is good value based on its PB Ratio (1.2x) compared to the DE Hospitality industry average (2.3x).
How is PARKEN Sport & Entertainment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as PARKEN Sport & Entertainment has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether PARKEN Sport & Entertainment is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- PARKEN Sport & Entertainment competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Services industry.
How has PARKEN Sport & Entertainment performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: D2V has high quality earnings.
Growing Profit Margin: D2V's current net profit margins (8.5%) are lower than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: D2V's earnings have grown significantly by 25.5% per year over the past 5 years.
Accelerating Growth: D2V's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: D2V had negative earnings growth (-12%) over the past year, making it difficult to compare to the Hospitality industry average (-36.8%).
Return on Equity
High ROE: D2V's Return on Equity (8.2%) is considered low.
Return on Assets
Return on Capital Employed
How is PARKEN Sport & Entertainment's financial position?
Financial Position Analysis
Short Term Liabilities: D2V's short term assets (DKK331.8M) do not cover its short term liabilities (DKK600.8M).
Long Term Liabilities: D2V's short term assets (DKK331.8M) do not cover its long term liabilities (DKK1.2B).
Debt to Equity History and Analysis
Debt Level: D2V's debt to equity ratio (149.3%) is considered high.
Reducing Debt: D2V's debt to equity ratio has increased from 102.9% to 149.3% over the past 5 years.
Debt Coverage: D2V's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: D2V's interest payments on its debt are well covered by EBIT (3.4x coverage).
Inventory Level: D2V has a high level of physical assets or inventory.
Debt Coverage by Assets: D2V's debt is not covered by short term assets (assets are 0.3x debt).
What is PARKEN Sport & Entertainment's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: D2V's dividend (2.46%) is higher than the bottom 25% of dividend payers in the German market (1.31%).
High Dividend: D2V's dividend (2.46%) is low compared to the top 25% of dividend payers in the German market (3.59%).
Stability and Growth of Payments
Stable Dividend: D2V has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: D2V has only been paying a dividend for 3 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.7%), D2V'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 board tenure
Jan Harrit (54yo)
Mr. Jan Harrit serves as the Chief Executive Officer at PARKEN Sport & Entertainment A/S.
|Director||1.1yrs||no data||no data|
|Director||21.1yrs||no data||0.0087% DKK11.6k|
|Vice Chairman||1.1yrs||no data||0.0051% DKK6.8k|
|Chairman of the Board||5.1yrs||no data||no data|
|Independent Director||11.1yrs||no data||30.14% DKK40.0m|
|Director||1.1yrs||no data||no data|
|Independent Director||11.1yrs||no data||20.77% DKK27.6m|
|Director||1.1yrs||no data||no data|
Experienced Board: D2V's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PARKEN Sport & Entertainment A/S's company bio, employee growth, exchange listings and data sources
- Name: PARKEN Sport & Entertainment A/S
- Ticker: D2V
- Exchange: DB
- Founded: 1991
- Industry: Leisure Facilities
- Sector: Consumer Services
- Market Cap: ø991.605m
- Listing Market Cap: ø132.712m
- Shares outstanding: 9.77m
- Website: https://www.parken.dk
- PARKEN Sport & Entertainment A/S
- Telia Parken
- Per Henrik Lings Allé 2
- Capital Region of Denmark
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PARKEN||CPSE (OMX Nordic Exchange Copenhagen)||Yes||Share Capital||DK||DKK||Nov 1997|
|D2V||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Nov 1997|
|0MDX||LSE (London Stock Exchange)||Yes||Share Capital||GB||DKK||Nov 1997|
|PARKEC||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Share Capital||GB||DKK||Nov 1997|
PARKEN Sport & Entertainment A/S operates in the sports industry in Denmark. The company operates a football stadium and club, and office properties. It is also involved in the operation of Lalandia holiday and activity centers; and construction, rental, and sale of holiday homes. The company was founded in 1991 and is based in Copenhagen, Denmark.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 21:05|
|End of Day Share Price||2020/02/14 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.