BME:PQR

Stock Analysis Report

Parques Reunidos Servicios Centrales

Executive Summary

Parques Reunidos Servicios Centrales, S.A.

Snowflake

Fundamentals

High growth potential and overvalued.

Risks

  • Parques Reunidos Servicios Centrales is covered by less than 3 analysts.

Share Price & News

How has Parques Reunidos Servicios Centrales's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

BME:PQR

0.7%

ES Hospitality

-0.003%

ES Market


1 Year Return

13.7%

BME:PQR

-29.1%

ES Hospitality

-8.3%

ES Market

PQR outperformed the Hospitality industry which returned -29.1% over the past year.

PQR outperformed the Market in Spain which returned -8.3% over the past year.


Share holder returns

PQRIndustryMarket
7 Day0%0.7%-0.003%
30 Day0%-4.7%-6.0%
90 Day-0.9%-6.9%-4.7%
1 Year15.4%13.7%-26.8%-29.1%-5.3%-8.3%
3 Year15.5%10.8%-17.5%-21.4%12.7%2.3%
5 Yearn/a47.0%23.6%-0.9%-19.5%

Price Volatility Vs. Market

How volatile is Parques Reunidos Servicios Centrales's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Parques Reunidos Servicios Centrales undervalued based on future cash flows and its price relative to the stock market?

1.14x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Parques Reunidos Servicios Centrales's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Parques Reunidos Servicios Centrales's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Parques Reunidos Servicios Centrales is loss making, we can't compare its value to the Europe Hospitality industry average.

Parques Reunidos Servicios Centrales is loss making, we can't compare the value of its earnings to the Spain market.


Price Based on Expected Growth

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

Parques Reunidos Servicios Centrales is good value based on assets compared to the ES Hospitality industry average.


Next Steps

Future Growth

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

87.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Parques Reunidos Servicios Centrales's revenue is expected to grow significantly at over 20% yearly.

Parques Reunidos Servicios Centrales's earnings are expected to grow significantly at over 20% yearly.

Parques Reunidos Servicios Centrales's revenue growth is expected to exceed the Spain market average.

Parques Reunidos Servicios Centrales's earnings growth is expected to exceed the Spain market average.

Parques Reunidos Servicios Centrales's earnings growth is expected to exceed the low risk savings rate of 1.5%.


Earnings per Share Growth Estimates


Future Return on Equity

Parques Reunidos Servicios Centrales is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Parques Reunidos Servicios Centrales performed over the past 5 years?

-75.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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 Europe Hospitality industry average as it is not currently profitable.


Return on Equity

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.


Return on Assets

It is difficult to establish if Parques Reunidos Servicios Centrales has efficiently used its assets last year compared to the Europe Hospitality industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

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.


Next Steps

Financial Health

How is Parques Reunidos Servicios Centrales's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

Parques Reunidos Servicios Centrales's level of debt (100%) 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% vs 100% today).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.2x debt.


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.


Next Steps

Dividend

What is Parques Reunidos Servicios Centrales's current dividend yield, its reliability and sustainability?

1.70%

Expected Dividend Yield


Dividend Yield and Payments Analysis

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.

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

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 (4.1x coverage).


Next Steps

Management

What is the CEO of Parques Reunidos Servicios Centrales's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average management tenure


CEO

José Díaz Gómez 0

0.6yrs

Tenure

0

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, inc ...


Management Age and Tenure

1.5yrs

Average Tenure

The average tenure for the Parques Reunidos Servicios Centrales management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.5yrs

Average Tenure

46yo

Average Age

The average tenure for the Parques Reunidos Servicios Centrales board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Cristina Carro Werner

    General Counsel & Non-Director Secretary

    • Tenure: 0.0yrs
  • Gabriel Nunez Fernandez

    Vice-Secretary

    • Tenure: 0.0yrs
  • Isidoro Díez (48yo)

    Chief Financial Officer

    • Tenure: 11.6yrs
  • Juan Vieites

    Head of IT Division for Europe

    • Tenure: 0.0yrs
  • Dan Vogt

    Head of IT Division for US

    • Tenure: 0.0yrs
  • Juan Barbolla

    Chief Investor Relations & Strategy Officer

    • Tenure: 3.6yrs
  • Jesús Fernández Morán

    Chief Operating Officer

    • Tenure: 0.6yrs
  • Yolanda Mediano

    Human Resources Corporate Officer

    • Tenure: 1.5yrs
  • José Díaz Gómez

    CEO & Director

    • Tenure: 0.6yrs

Board Members

  • Nicolás Villén Jiménez (70yo)

    Independent Director

    • Tenure: 3.3yrs
  • Ana Bolado Valle

    Director

    • Tenure: 1.8yrs
  • Javier Fernández Alonso (42yo)

    Director

    • Tenure: 2.4yrs
  • Richard T. W. Golding

    Chairman

    • Tenure: 1.1yrs
  • Dag Erik Johan Svanstrom (46yo)

    Independent Director

    • Tenure: 3.3yrs
  • Carlos Ortega Arias-Paz

    Director

    • Tenure: 1.4yrs
  • Jackie Kernaghan

    Director

    • Tenure: 1.4yrs
  • Mario Armero Montes

    Director

    • Tenure: 1.5yrs
  • José Díaz Gómez

    CEO & Director

    • Tenure: 0.6yrs
  • Jonathan Rubinstein

    Director

    • Tenure: 0.5yrs

Company Information

Parques Reunidos Servicios Centrales, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Parques Reunidos Servicios Centrales, S.A.
  • Ticker: PQR
  • Exchange: BME
  • Founded: 1967
  • Industry: Leisure Facilities
  • Sector: Consumer Services
  • Market Cap: €1.109b
  • Shares outstanding: 80.74m
  • Website: https://www.parquesreunidos.com

Number of Employees


Location

  • Parques Reunidos Servicios Centrales, S.A.
  • Paseo de la Castellana, 216
  • 16th Floor
  • Madrid
  • Madrid
  • 28046
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PQRBME (Bolsas y Mercados Espanoles)YesOrdinary SharesESEURApr 2016
0REDB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 2016
0RG3LSE (London Stock Exchange)YesOrdinary SharesGBEURApr 2016
PARQ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDApr 2016

Biography

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, an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 21:46
End of Day Share Price2019/08/23 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.