Parkland Fuel Stock Current Valuation
| PKI Stock | CAD 36.74 0.67 1.86% |
Valuation analysis of Parkland Fuel helps investors to measure Parkland Fuel's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 29th of November 2024, Enterprise Value is likely to grow to about 6.5 B, while Enterprise Value Over EBITDA is likely to drop 6.44. Fundamental drivers impacting Parkland Fuel's valuation include:
Price Book 2.0179 | Enterprise Value 12.3 B | Enterprise Value Ebitda 8.7064 | Price Sales 0.2178 | Forward PE 10.7066 |
Fairly Valued
Today
Please note that Parkland Fuel's price fluctuation is very steady at this time. Calculation of the real value of Parkland Fuel is based on 3 months time horizon. Increasing Parkland Fuel's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Parkland Fuel is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Parkland Stock. However, Parkland Fuel's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 36.74 | Real 35.48 | Hype 36.74 | Naive 37.35 |
The intrinsic value of Parkland Fuel's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Parkland Fuel's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Parkland Fuel helps investors to forecast how Parkland stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Parkland Fuel more accurately as focusing exclusively on Parkland Fuel's fundamentals will not take into account other important factors: Parkland Fuel Company Current Valuation Analysis
Parkland Fuel's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Parkland Fuel Current Valuation | 12.35 B |
Most of Parkland Fuel's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Parkland Fuel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Parkland Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Parkland Fuel is extremely important. It helps to project a fair market value of Parkland Stock properly, considering its historical fundamentals such as Current Valuation. Since Parkland Fuel's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Parkland Fuel's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Parkland Fuel's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Parkland Fuel has a Current Valuation of 12.35 B. This is 68.35% lower than that of the Specialty Retail sector and 92.12% lower than that of the Consumer Discretionary industry. The current valuation for all Canada stocks is 25.74% higher than that of the company.
Parkland Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Parkland Fuel's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Parkland Fuel could also be used in its relative valuation, which is a method of valuing Parkland Fuel by comparing valuation metrics of similar companies.Parkland Fuel is currently under evaluation in current valuation category among its peers.
Parkland Fundamentals
| Return On Equity | 0.0754 | |||
| Return On Asset | 0.0358 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 12.35 B | |||
| Shares Outstanding | 173.7 M | |||
| Shares Owned By Insiders | 20.62 % | |||
| Shares Owned By Institutions | 34.18 % | |||
| Number Of Shares Shorted | 2.56 M | |||
| Price To Earning | 37.29 X | |||
| Price To Book | 2.02 X | |||
| Price To Sales | 0.22 X | |||
| Revenue | 32.45 B | |||
| Gross Profit | 4.02 B | |||
| EBITDA | 1.7 B | |||
| Net Income | 471 M | |||
| Cash And Equivalents | 653 M | |||
| Cash Per Share | 6.73 X | |||
| Total Debt | 6.36 B | |||
| Debt To Equity | 2.03 % | |||
| Current Ratio | 1.13 X | |||
| Book Value Per Share | 18.21 X | |||
| Cash Flow From Operations | 1.78 B | |||
| Short Ratio | 4.69 X | |||
| Earnings Per Share | 1.36 X | |||
| Price To Earnings To Growth | 36.61 X | |||
| Target Price | 47.46 | |||
| Beta | 1.34 | |||
| Market Capitalization | 6.38 B | |||
| Total Asset | 13.87 B | |||
| Retained Earnings | 9 M | |||
| Working Capital | 971 M | |||
| Current Asset | 521.2 M | |||
| Current Liabilities | 414.41 M | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 3.68 % | |||
| Net Asset | 13.87 B | |||
| Last Dividend Paid | 1.39 |
About Parkland Fuel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Parkland Fuel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parkland Fuel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parkland Fuel based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Parkland Fuel
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Parkland Fuel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Parkland Fuel will appreciate offsetting losses from the drop in the long position's value.Moving against Parkland Stock
| 0.56 | X | TMX Group Limited | PairCorr |
| 0.44 | L | Loblaw Companies | PairCorr |
| 0.4 | ONEX | Onex Corp | PairCorr |
| 0.4 | WN | George Weston Limited | PairCorr |
| 0.32 | ENB | Enbridge | PairCorr |
The ability to find closely correlated positions to Parkland Fuel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parkland Fuel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Parkland Fuel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Parkland Fuel to buy it.
The correlation of Parkland Fuel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Parkland Fuel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parkland Fuel moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Parkland Fuel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Parkland Stock
Parkland Fuel financial ratios help investors to determine whether Parkland Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Parkland with respect to the benefits of owning Parkland Fuel security.