Of note is the ratio of Park Hotels & Resorts Inc's sales and general administrative expense to its total operating expenses; only 2.98% of US stocks have a lower such ratio.
In terms of twelve month growth in earnings before interest and taxes, Park Hotels & Resorts Inc is reporting a growth rate of -150.69%; that's higher than only 10.79% of US stocks.
Park Hotels & Resorts Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -36.02%, greater than the shareholder yield of only 10.42% of stocks in our set.
If you're looking for stocks that are quantitatively similar to Park Hotels & Resorts Inc, a group of peers worth examining would be CNO, CNX, GTE, CLR, and SWN.
Park Hotels and Resorts is one of the largest lodging real estate investment trusts (REIT), with 67 premium-branded hotels and resorts with more than 35,000 rooms located in prime U.S. locations and international markets. The company is based in McLean, Virginia.
PK Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Park Hotels & Resorts Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Park Hotels & Resorts Inc ranked in the 15th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Park Hotels & Resorts Inc ended up being:
Interest coverage, a measure of earnings relative to interest payments, is -1.97; that's higher than just 6.46% of US stocks in the Real Estate sector that have positive free cash flow.
The company's compound free cash flow growth rate over the past 3.94 years comes in at -0.08%; that's greater than only 18.84% of US stocks we're applying DCF forecasting to.
Park Hotels & Resorts Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as PK, try PSTL, BXP, NMRK, STWD, and BDN.
This season has been more subtle than previous years, as the coronavirus pandemic has slowed campaigns. Many assumed that investors would quietly increase stakes. But while the broader market still trades below February highs, many sectors aren’t exactly cheap.
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