CPSE:PARKEN

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PARKEN Sport & Entertainment

Executive Summary

PARKEN Sport & Entertainment A/S operates in the sports industry in Denmark. More Details


Snowflake Analysis

Overvalued with weak fundamentals.


Similar Companies

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: PARKEN is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 4% a week.

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


Market Performance


7 Day Return

2.0%

PARKEN

-1.5%

DK Hospitality

-2.4%

DK Market


1 Year Return

-28.8%

PARKEN

-3.0%

DK Hospitality

20.2%

DK Market

Return vs Industry: PARKEN underperformed the Danish Hospitality industry which returned -3% over the past year.

Return vs Market: PARKEN underperformed the Danish Market which returned 20.2% over the past year.


Shareholder returns

PARKENIndustryMarket
7 Day2.0%-1.5%-2.4%
30 Day6.5%4.2%-0.7%
90 Day-3.2%23.1%7.8%
1 Year-28.8%-28.8%-0.6%-3.0%22.5%20.2%
3 Year9.1%3.0%4.6%-4.2%47.6%36.3%
5 Year68.5%43.2%25.2%7.9%56.7%36.8%

Long-Term 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

Valuation

Is PARKEN Sport & Entertainment undervalued compared to its fair value and its price relative to the market?

1x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PARKEN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PARKEN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PARKEN is unprofitable, so we can't compare its PE Ratio to the XE Hospitality industry average.

PE vs Market: PARKEN is unprofitable, so we can't compare its PE Ratio to the Danish market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PARKEN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PARKEN is good value based on its PB Ratio (1x) compared to the DK Hospitality industry average (3.6x).


Next Steps

Future Growth

How is PARKEN Sport & Entertainment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

64.0%

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.


Next Steps

Past Performance

How has PARKEN Sport & Entertainment performed over the past 5 years?

-6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PARKEN is currently unprofitable.

Growing Profit Margin: PARKEN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PARKEN is unprofitable, and losses have increased over the past 5 years at a rate of 6.5% per year.

Accelerating Growth: Unable to compare PARKEN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PARKEN is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-24.5%).


Return on Equity

High ROE: PARKEN has a negative Return on Equity (-20.6%), as it is currently unprofitable.


Next Steps

Financial Health

How is PARKEN Sport & Entertainment's financial position?


Financial Position Analysis

Short Term Liabilities: PARKEN's short term assets (DKK471.2M) do not cover its short term liabilities (DKK676.0M).

Long Term Liabilities: PARKEN's short term assets (DKK471.2M) do not cover its long term liabilities (DKK1.4B).


Debt to Equity History and Analysis

Debt Level: PARKEN's debt to equity ratio (200.2%) is considered high.

Reducing Debt: PARKEN's debt to equity ratio has increased from 145% to 200.2% over the past 5 years.

Debt Coverage: PARKEN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if PARKEN's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is PARKEN Sport & Entertainment current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PARKEN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PARKEN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PARKEN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PARKEN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PARKEN is not paying a notable dividend for the Danish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PARKEN's dividend in 3 years as they are not forecast to pay a notable one for the Danish market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.9yrs

Average board tenure


CEO

Jan Harrit (55 yo)

1.92yrs

Tenure

kr.2,977,000

Compensation

Mr. Jan Harrit serves as the Chief Executive Officer and Group Executive Board at PARKEN Sport & Entertainment A/S.


Board Members

NamePositionTenureCompensationOwnership
Hans Carstensen
Director1.92yrskr.122.00k0.015%
DKK 107.4k
Benny Olsen
Director21.92yrskr.125.00k0.0090%
DKK 63.0k
Henrik Møgelmose
Independent Vice Chairman1.92yrskr.225.00k0.0051%
DKK 35.8k
Bo Rygaard
Independent Chairman of the Board5.92yrskr.1.40mno data
Erik Skjærbæk
Independent Director11.92yrskr.125.00k30.14%
DKK 210.9m
Gert Petersen
Director1.92yrskr.75.00k0.19%
DKK 1.3m
Karl Peter Sørensen
Independent Director11.92yrskr.125.00k20.77%
DKK 145.3m
William Kvist
Director1.92yrskr.47.00kno data

3.9yrs

Average Tenure

61.5yo

Average Age

Experienced Board: PARKEN's board of directors are considered experienced (3.9 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PARKEN Sport & Entertainment A/S's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PARKEN Sport & Entertainment A/S
  • Ticker: PARKEN
  • Exchange: CPSE
  • Founded: 1991
  • Industry: Leisure Facilities
  • Sector: Consumer Services
  • Market Cap: kr.699.497m
  • Shares outstanding: 9.77m
  • Website: https://www.parken.dk

Number of Employees


Location

  • PARKEN Sport & Entertainment A/S
  • Telia Parken
  • Per Henrik Lings Allé 2
  • Copenhagen
  • Capital Region of Denmark
  • 2100
  • Denmark

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PARKENCPSE (OMX Nordic Exchange Copenhagen)YesShare CapitalDKDKKNov 1997
D2VDB (Deutsche Boerse AG)YesShare CapitalDEEURNov 1997
0MDXLSE (London Stock Exchange)YesShare CapitalGBDKKNov 1997
PARKECBATS-CHIXE (BATS 'Chi-X Europe')YesShare CapitalGBDKKNov 1997

Biography

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 holida...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/05 18:06
End of Day Share Price2020/12/04 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.