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Park Group

AIM:PARK
Snowflake Description

Excellent balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PARK
AIM
£141M
Market Cap
  1. Home
  2. GB
  3. Diversified Financials
Company description

Park Group plc provides prepaid gift cards, multi-retailer vouchers, and digital rewards services to corporate and consumer markets in the United Kingdom and Ireland. The last earnings update was 141 days ago. More info.


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PARK Share Price and Events
7 Day Returns
-2.6%
AIM:PARK
-0.1%
GB Consumer Finance
1.5%
GB Market
1 Year Returns
-7.4%
AIM:PARK
-22.9%
GB Consumer Finance
2.1%
GB Market
PARK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Park Group (PARK) -2.6% 6.7% 2.4% -7.4% 2% 54.9%
GB Consumer Finance -0.1% 7.5% -1.8% -22.9% -69.4% -61.9%
GB Market 1.5% 5.2% 9.7% 2.1% 17.8% 6.8%
1 Year Return vs Industry and Market
  • PARK outperformed the Consumer Finance industry which returned -22.9% over the past year.
  • PARK underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 2.1% over the past year.
Price Volatility
PARK
Industry
5yr Volatility vs Market

PARK Value

 Is Park Group 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 Park Group 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 Park Group.

AIM:PARK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= £0.03 * 154.1%
£0.05
Book Value of Equity per Share Median Book Value from the past 5 years. £0.03
Discount Rate (Cost of Equity) See below 6.5%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

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 AIM:PARK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.7
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.695 (1 + (1- 19%) (0%))
0.796
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.8 * 6.65%)
6.55%

Discounted Cash Flow Calculation for AIM:PARK using Excess Returns Model Model

The calculations below outline how an intrinsic value for Park Group is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

AIM:PARK Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (154.1% – 6.55%) * £0.03)
£0.05
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= £0.05 / (6.55% - 1.23%)
£0.97
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= £0.03 + £0.97
£1
AIM:PARK Discount to Share Price
Calculation Result
Value per share (GBP) From above. £1.00
Current discount Discount to share price of £0.76
= -1 x (£0.76 - £1.00) / £1.00
24.9%

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

Current Discount
Amount off the current price Park Group is available for.
Intrinsic value
25%
Share price is £0.76 vs Future cash flow value of £1
Current Discount Checks
For Park Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Park Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Park Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 Park Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Park Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:PARK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in GBP £0.06
AIM:PARK Share Price ** AIM (2019-04-24) in GBP £0.76
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry PE Ratio Median Figure of 12 Publicly-Listed Consumer Finance Companies 12.15x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.16x

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

** Primary Listing of Park Group.

AIM:PARK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:PARK Share Price ÷ EPS (both in GBP)

= 0.76 ÷ 0.06

13.06x

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

  • Park Group is overvalued based on earnings compared to the GB Consumer Finance industry average.
  • Park Group is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Park Group's expected growth come at a high price?
Raw Data
AIM:PARK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry PEG Ratio Median Figure of 7 Publicly-Listed Consumer Finance Companies 0.66x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.49x

*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 Park Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Park Group's assets?
Raw Data
AIM:PARK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in GBP £0.04
AIM:PARK Share Price * AIM (2019-04-24) in GBP £0.76
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry PB Ratio Median Figure of 14 Publicly-Listed Consumer Finance Companies 1.7x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.52x
AIM:PARK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:PARK Share Price ÷ Book Value per Share (both in GBP)

= 0.76 ÷ 0.04

19.14x

* Primary Listing of Park Group.

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

  • Park Group is overvalued based on assets compared to the GB Consumer Finance industry average.
X
Value checks
We assess Park Group'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 Consumer Finance 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 Consumer Finance industry average (and greater than 0)? (1 check)
  5. Park Group has a total score of 2/6, 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.

PARK Future Performance

 How is Park Group 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
6.6%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Park Group expected to grow at an attractive rate?
  • Park Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Park Group's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Park Group's revenues are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:PARK Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:PARK Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 6.6%
AIM:PARK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -55.9%
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 23.6%
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 12.9%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
AIM:PARK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:PARK Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-03-31 120 1
2019-03-31 114 1
AIM:PARK Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-09-30 293 34 11
2018-06-30 295 22 11
2018-03-31 296 9 10
2017-12-31 261 -4 10
2017-09-30 269 -17 9
2017-06-30 290 -4 9
2017-03-31 311 9 10
2016-12-31 307 16 10
2016-09-30 303 23 10
2016-06-30 303 17 10
2016-03-31 303 11 10
2015-12-31 305 11 9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Park Group's earnings are expected to grow by 6.6% yearly, however this is not considered high growth (20% yearly).
  • Park Group's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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
AIM:PARK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Park Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:PARK Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-03-31 0.06 0.06 0.06 1.00
2019-03-31 0.06 0.06 0.06 1.00
AIM:PARK Past Financials Data
Date (Data in GBP Millions) EPS *
2018-09-30 0.06
2018-06-30 0.06
2018-03-31 0.06
2017-12-31 0.05
2017-09-30 0.05
2017-06-30 0.05
2017-03-31 0.05
2016-12-31 0.05
2016-09-30 0.06
2016-06-30 0.05
2016-03-31 0.05
2015-12-31 0.05

*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.
  • Unable to establish if Park Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Park Group'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Park Group has a total score of 1/6, 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.

PARK Past Performance

  How has Park Group 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 Park Group's growth in the last year to its industry (Consumer Finance).
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.
  • Park Group's year on year earnings growth rate has been positive over the past 5 years.
  • Park Group's 1-year earnings growth exceeds its 5-year average (19.9% vs 6.8%)
  • Park Group's earnings growth has not exceeded the GB Consumer Finance industry average in the past year (19.9% vs 19.9%).
Earnings and Revenue History
Park Group'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 Park Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:PARK Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 293.03 10.73 20.21
2018-06-30 294.61 10.57 20.16
2018-03-31 296.19 10.41 20.11
2017-12-31 260.54 9.54 20.21
2017-09-30 269.03 8.95 20.31
2017-06-30 289.98 9.42 19.80
2017-03-31 310.93 9.90 19.29
2016-12-31 306.92 10.05 18.80
2016-09-30 302.91 10.20 18.31
2016-06-30 302.73 9.95 18.20
2016-03-31 302.55 9.69 18.09
2015-12-31 304.73 9.49 18.19
2015-09-30 306.91 9.29 18.30
2015-06-30 300.12 8.89 17.99
2015-03-31 293.33 8.50 17.68
2014-12-31 286.52 8.02 16.92
2014-09-30 279.70 7.54 16.16
2014-06-30 274.63 7.47 15.98
2014-03-31 269.56 7.41 15.81
2013-12-31 274.98 7.66 16.05
2013-09-30 280.41 7.91 16.29
2013-06-30 279.70 7.81 16.25
2013-03-31 278.98 7.72 16.21
2012-12-31 279.45 7.65 16.11
2012-09-30 279.92 7.58 16.01
2012-06-30 279.47 7.07 15.45

*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.
  • Park Group made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Park Group used its assets less efficiently than the GB Consumer Finance industry average last year based on Return on Assets.
  • Unable to establish if Park Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Park Group'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 Consumer Finance 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.
Park Group has a total score of 3/6, 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.

PARK Health

 How is Park Group'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 Park Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Park Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Park Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Park Group'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.
  • Low level of unsold assets.
  • Park Group has no debt, it does not need to be covered by short term assets.
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 Park Group Company Filings, last reported 6 months ago.

AIM:PARK Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 7.33 0.00 34.54
2018-06-30 7.33 0.00 34.54
2018-03-31 17.86 6.07 40.51
2017-12-31 17.86 6.07 40.51
2017-09-30 5.08 0.00 7.76
2017-06-30 5.08 0.00 7.76
2017-03-31 12.43 2.87 34.44
2016-12-31 12.43 2.87 34.44
2016-09-30 1.06 0.00 32.56
2016-06-30 1.06 0.00 32.56
2016-03-31 6.43 3.92 33.24
2015-12-31 6.43 3.92 33.24
2015-09-30 -5.35 0.00 11.87
2015-06-30 -5.35 0.00 11.87
2015-03-31 -0.17 3.10 26.83
2014-12-31 -0.17 3.10 26.83
2014-09-30 -10.11 0.00 5.48
2014-06-30 -10.11 0.00 5.48
2014-03-31 -4.14 0.00 15.34
2013-12-31 -4.14 0.00 15.34
2013-09-30 -12.45 0.00 9.52
2013-06-30 -12.45 0.00 9.52
2013-03-31 -11.33 0.00 11.31
2012-12-31 -11.33 0.00 11.31
2012-09-30 -22.95 0.00 3.55
2012-06-30 -22.95 0.00 3.55
  • Park Group has no debt.
  • Park Group had no debt 5 years ago.
  • Park Group has no debt, it does not need to be covered by operating cash flow.
  • Park Group has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Park Group'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. Park Group has a total score of 5/6, 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.

PARK Dividends

 What is Park Group'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
4.04%
Current annual income from Park Group dividends. Estimated to be 4.47% next year.
If you bought £2,000 of Park Group shares you are expected to receive £81 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?
  • Park Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.01%).
  • Park Group's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.14%).
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
AIM:PARK 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
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 3%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.1%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

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

AIM:PARK Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2020-03-31 0.03 2.00
2019-03-31 0.03 2.00
AIM:PARK Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-07-31 0.031 4.192
2018-06-12 0.031 4.090
2017-07-28 0.029 3.539
2017-06-13 0.029 3.602
2016-07-28 0.028 3.688
2016-06-14 0.028 4.222
2015-07-28 0.024 3.162
2015-06-09 0.024 3.709
2014-07-30 0.023 4.036
2014-06-10 0.023 4.152
2013-06-11 0.021 4.089
2012-12-18 0.020 3.435
2012-06-12 0.020 3.905
2011-06-14 0.017 3.575
2010-06-10 0.013 4.412
2009-06-11 0.013 6.614

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Park Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Park Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 Park Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Park Group has a total score of 4/6, see the detailed checks below.


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

PARK Management

 What is the CEO of Park Group'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
Ian O'Doherty
COMPENSATION £496,000
AGE 56
TENURE AS CEO 1.2 years
CEO Bio

Mr. John Sullivan O'Doherty, also known as Ian, has been Chief Executive Officer and Director of Park Group PLC since February 1, 2018. Mr. O'Doherty has a strong background in financial services, specifically in banking, payments and card services, having worked at MBNA Ltd for 26 years. He served as Chairman and CEO of MBNA Ltd in the UK, a position he held from 2008 to 2017. In this role, he was responsible for the re-engineering of MBNA's digital capabilities and reorganised the business, leading it effectively through the 2008 financial crisis to its ultimate sale to Lloyds Banking Group for £1.9 billion in June 2017. During his leadership, MBNA was recognised amongst the 'Top 20 Great Places to Work in the UK' in 2016 and 2017 and named 'Consumer Moneyfacts Credit Card Provider of the Year' for four consecutive years to 2017. He served as Director LOANS.CO.UK, FIA Jersey Holdings Limited, FIA UK Funding Limited, Marlin House Holdings Limited, NewTA Limited and MBNA Ireland Limited. From 2015 to 2017, Mr. O'Doherty was Deputy Chair of the UK Cards Association, having been a Board member since 2008 and he was a member of the Interim Main Board of UK Finance (New Trade Association) from 2016 to 2017. He is a Non-Executive Director of Chester Race Company Ltd and is a Governor on the Board of the King's School, Chester. He has an MBA from Carroll Graduate School of Management, Boston College, USA and is a fellow of the Institute of Bankers in Ireland.

CEO Compensation
  • Insufficient data for Ian to compare compensation growth.
  • Ian's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Park Group management team in years:

1
Average Tenure
  • The average tenure for the Park Group management team is less than 2 years, this suggests a new team.
Management Team

Ian O'Doherty

TITLE
CEO & Director
COMPENSATION
£496K
AGE
56
TENURE
1.2 yrs

Tim Clancy

TITLE
Group Finance Director & Director
AGE
50
TENURE
0.7 yrs

Stephen Miller

TITLE
Chief Information Officer
TENURE
0.9 yrs

Russell Fairbrother

TITLE
General Counsel & Company Secretary
TENURE
9.3 yrs

Steve Lock

TITLE
Head of IT
Board of Directors Tenure

Average tenure and age of the Park Group board of directors in years:

2.4
Average Tenure
57
Average Age
  • The average tenure for the Park Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Laura Carstensen

TITLE
Non-Executive Chairman
COMPENSATION
£72K
AGE
57
TENURE
2.8 yrs

Ian O'Doherty

TITLE
CEO & Director
COMPENSATION
£496K
AGE
56
TENURE
1.2 yrs

Tim Clancy

TITLE
Group Finance Director & Director
AGE
50
TENURE
0.7 yrs

Michael de Kare-Silver

TITLE
Senior Independent Director
COMPENSATION
£44K
AGE
61
TENURE
2.4 yrs

John Gittins

TITLE
Non-Executive Director
COMPENSATION
£41K
AGE
58
TENURE
2.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
21. Dec 18 Buy Laura Carstensen Individual 20. Dec 18 20. Dec 18 25,800 £0.72 £18,447
30. Jul 18 Buy Martin Stewart Individual 27. Jul 18 27. Jul 18 25,000 £0.69 £17,250
X
Management checks
We assess Park Group'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. Park Group 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.

PARK News

Simply Wall St News

Should Park Group plc (LON:PARK) Be Your Next Stock Pick?

I've been keeping an eye on Park Group plc (LON:PARK) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe PARK has a lot to offer. … that has been able to sustain great financial health over the past

Simply Wall St -

Despite Its High P/E Ratio, Is Park Group plc (LON:PARK) Still Undervalued?

To keep it practical, we'll show how Park Group plc's (LON:PARK) P/E ratio could help you assess the value on offer. … Based on the last twelve months, Park Group's P/E ratio is 12.75. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Park Group plc (LON:PARK): Ex-Dividend Is In 4 Days

If you are interested in cashing in on Park Group plc's (LON:PARK) upcoming dividend of UK£0.011 per share, you only have 4 days left to buy the shares before its ex-dividend date, 28 February 2019, in time for dividends payable on the 08 April 2019. … Below, I will explain how holding Park Group can impact your portfolio income stream, by analysing the stock's most recent financial data and dividend attributes. … Has it consistently paid a stable dividend without missing a payment or drastically cutting payout?

Simply Wall St -

What To Know Before Buying Park Group plc (LON:PARK) For Its Dividend

A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … Historically, Park Group plc (LON:PARK) has paid dividends to shareholders, and these days it yields 4.1%. … Does Park Group tick all the boxes of a great dividend stock?

Simply Wall St -

Why Park Group plc's (LON:PARK) High P/E Ratio Isn't Necessarily A Bad Thing

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at Park Group plc's (LON:PARK) P/E ratio and reflect on what it tells us about the company's share price. … Park Group has a price to earnings ratio of 13.57, based on the last twelve months.

Simply Wall St -

PARK Company Info

Description

Park Group plc provides prepaid gift cards, multi-retailer vouchers, and digital rewards services to corporate and consumer markets in the United Kingdom and Ireland. The company is involved in Christmas savings business, which offers vouchers, prepaid cards, gifts, and hampers in time for Christmas; and Love2shop Business Services that provides reward solutions, including multi-retailer vouchers and prepaid cards, single store vouchers and cards, gift experiences, holidays, and travel solutions. It also operates highstreetvouchers.com, an online voucher retailer that offers a range of gift cards and vouchers for next day delivery. In addition, the company provides a range of online scheme management solutions that enable clients to run, manage, and communicate their schemes; and Evolve, a digital rewards platform that empowers commercial organizations to reward individuals. Further, it offers mail order and cash savings operations, brand engagement, property management, cash lending and debt collection, insurance broking, and card administration support services, as well as acts as an electronic money issuer. Park Group plc provides its products under the Love2shop, flexecash, Park Christmas Savings Club, Evovle, and Love2shop Business Services brand names. The company markets its products and services through direct sales force and a network of agents, as well as through Internet. Park Group plc was founded in 1967 and is based in Birkenhead, the United Kingdom.

Details
Name: Park Group plc
PARK
Exchange: AIM
Founded: 1967
£140,692,157
186,347,228
Website: http://www.parkgroup.co.uk
Address: Park Group plc
Valley Road,
Birkenhead,
Merseyside, CH41 7ED,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM PARK Ordinary Shares London Stock Exchange AIM Market GB GBP 24. Feb 1992
Number of employees
Current staff
Staff numbers
329
Park Group employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 20:42
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/04/04
Last earnings filing: 2018/12/04
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


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.