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PARKEN Sport & Entertainment

DB:D2V
Snowflake Description

Fair value with poor track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
D2V
DB
DKK664M
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

PARKEN Sport & Entertainment A/S operates in the sports industry in Denmark. The last earnings update was 32 days ago. More info.


Add to Portfolio Compare Print
  • PARKEN Sport & Entertainment has significant price volatility in the past 3 months.
D2V Share Price and Events
7 Day Returns
11.1%
DB:D2V
-6.8%
DE Hospitality
-0.6%
DE Market
1 Year Returns
-33.5%
DB:D2V
-48.1%
DE Hospitality
-20.9%
DE Market
D2V Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
PARKEN Sport & Entertainment (D2V) 11.1% -23.6% -31.2% -33.5% -23.1% 14.1%
DE Hospitality -6.8% -31.3% -57.6% -48.1% -63.2% -70.6%
DE Market -0.6% -18.6% -26.2% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • D2V outperformed the Hospitality industry which returned -48.1% over the past year.
  • D2V underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
D2V
Industry
5yr Volatility vs Market

Value

 Is PARKEN Sport & Entertainment 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 PARKEN Sport & Entertainment 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 PARKEN Sport & Entertainment.

DB:D2V Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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 DB:D2V
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.78
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.782 (1 + (1- 22%) (180.84%))
1.593
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.59
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.593 * 5.44%)
8.28%

Discounted Cash Flow Calculation for DB:D2V using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for PARKEN Sport & Entertainment is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:D2V DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (DKK, Millions) Source Present Value
Discounted (@ 8.28%)
2020 11.03 Est @ -54.73% 10.19
2021 6.79 Est @ -38.43% 5.79
2022 4.96 Est @ -27.02% 3.90
2023 4.01 Est @ -19.03% 2.92
2024 3.47 Est @ -13.44% 2.33
2025 3.14 Est @ -9.52% 1.95
2026 2.93 Est @ -6.78% 1.68
2027 2.79 Est @ -4.87% 1.48
2028 2.69 Est @ -3.52% 1.31
2029 2.62 Est @ -2.58% 1.18
Present value of next 10 years cash flows DKK32.00
DB:D2V DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= DKK2.62 × (1 + -0.39%) ÷ (8.28% – -0.39%)
DKK30.11
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= DKK30.11 ÷ (1 + 8.28%)10
DKK13.60
DB:D2V Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= DKK32.00 + DKK13.60
DKK45.60
Equity Value per Share
(DKK)
= Total value / Shares Outstanding
= DKK45.60 / 9.77
DKK4.67
DB:D2V Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:D2V represents 0.13206x of CPSE:PARKEN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.13206x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (DKK) x Listing Adjustment Factor
= DKK 4.67 x 0.13206
€0.62
Value per share (EUR) From above. €0.62
Current discount Discount to share price of €8.98
= -1 x (€8.98 - €0.62) / €0.62
-1357%

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

  • The current share price of PARKEN Sport & Entertainment is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 PARKEN Sport & Entertainment's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are PARKEN Sport & Entertainment's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:D2V PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in DKK DKK5.37
CPSE:PARKEN Share Price ** CPSE (2020-04-03) in DKK DKK68
Germany Hospitality Industry PE Ratio Median Figure of 9 Publicly-Listed Hospitality Companies 21.1x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

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

** Primary Listing of PARKEN Sport & Entertainment.

DB:D2V PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CPSE:PARKEN Share Price ÷ EPS (both in DKK)

= 68 ÷ 5.37

12.66x

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

  • PARKEN Sport & Entertainment is good value based on earnings compared to the DE Hospitality industry average.
  • PARKEN Sport & Entertainment is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does PARKEN Sport & Entertainment's expected growth come at a high price?
Raw Data
DB:D2V PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Hospitality Industry PEG Ratio Median Figure of 63 Publicly-Listed Hospitality Companies 0.96x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*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 PARKEN Sport & Entertainment, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on PARKEN Sport & Entertainment's assets?
Raw Data
DB:D2V PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in DKK DKK86.46
CPSE:PARKEN Share Price * CPSE (2020-04-03) in DKK DKK68
Germany Hospitality Industry PB Ratio Median Figure of 12 Publicly-Listed Hospitality Companies 1.73x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:D2V PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CPSE:PARKEN Share Price ÷ Book Value per Share (both in DKK)

= 68 ÷ 86.46

0.79x

* Primary Listing of PARKEN Sport & Entertainment.

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

  • PARKEN Sport & Entertainment is good value based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess PARKEN Sport & Entertainment'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 Hospitality 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 Hospitality industry average (and greater than 0)? (1 check)
  5. PARKEN Sport & Entertainment has a total score of 3/6, 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.

Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
28.9%
Expected Hospitality industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is PARKEN Sport & Entertainment expected to grow at an attractive rate?
  • Unable to compare PARKEN Sport & Entertainment's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare PARKEN Sport & Entertainment's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare PARKEN Sport & Entertainment's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:D2V Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 28.9%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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
DB:D2V Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in DKK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:D2V Past Financials Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income *
2019-12-31 835 88 52
2019-09-30 804 6 68
2019-06-30 780 46 27
2019-03-31 746 -4 46
2018-12-31 781 36 74
2018-09-30 800 31 78
2018-06-30 844 33 96
2018-03-31 878 138 111
2017-12-31 858 167 90
2017-09-30 1,072 335 53
2017-06-30 1,245 342 55
2017-03-31 1,343 289 42

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if PARKEN Sport & Entertainment is high growth as no earnings estimate data is available.
  • Unable to determine if PARKEN Sport & Entertainment is high growth as no revenue estimate data is available.
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
DB:D2V Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from PARKEN Sport & Entertainment Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:D2V Past Financials Data
Date (Data in DKK Millions) EPS *
2019-12-31 5.37
2019-09-30 7.00
2019-06-30 2.75
2019-03-31 4.73
2018-12-31 7.61
2018-09-30 8.01
2018-06-30 9.90
2018-03-31 11.43
2017-12-31 9.24
2017-09-30 5.41
2017-06-30 5.64
2017-03-31 4.54

*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 PARKEN Sport & Entertainment will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether PARKEN Sport & Entertainment is trading at PARKEN Sport & Entertainment'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. PARKEN Sport & Entertainment's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Services companies here
  3. PARKEN Sport & Entertainment's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess PARKEN Sport & Entertainment'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
PARKEN Sport & Entertainment has a total score of 0/6, 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.

Past Performance

  How has PARKEN Sport & Entertainment 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 PARKEN Sport & Entertainment's growth in the last year to its industry (Hospitality).
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.
  • PARKEN Sport & Entertainment has delivered over 20% year on year earnings growth in the past 5 years.
  • PARKEN Sport & Entertainment's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • PARKEN Sport & Entertainment's 1-year earnings growth is negative, it can't be compared to the DE Hospitality industry average.
Earnings and Revenue History
PARKEN Sport & Entertainment'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 PARKEN Sport & Entertainment Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:D2V Past Revenue, Cash Flow and Net Income Data
Date (Data in DKK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 835.14 52.48 343.99
2019-09-30 804.02 68.34 329.33
2019-06-30 779.53 26.88 312.79
2019-03-31 745.81 46.20 298.76
2018-12-31 781.35 74.31 301.90
2018-09-30 800.37 77.66 310.65
2018-06-30 843.65 96.35 317.33
2018-03-31 877.76 111.39 322.68
2017-12-31 858.39 90.24 313.74
2017-09-30 1,072.34 52.81 338.84
2017-06-30 1,244.60 55.12 375.86
2017-03-31 1,342.51 42.35 402.44
2016-12-31 1,448.20 66.53 431.05
2016-09-30 1,270.11 80.69 421.25
2016-06-30 1,127.75 14.75 400.41
2016-03-31 1,113.02 -0.12 393.63
2015-12-31 1,090.46 -34.42 389.44
2015-09-30 1,100.25 -45.82 385.87
2015-06-30 1,112.21 -28.03 389.33
2015-03-31 1,116.57 -17.48 390.03
2014-12-31 1,124.66 6.72 392.54
2014-09-30 1,260.82 135.73 397.70
2014-06-30 1,275.08 140.76 395.75
2014-03-31 1,286.61 177.66 401.89
2013-12-31 1,298.91 174.31 396.94
2013-09-30 1,178.86 66.20 396.03
2013-06-30 1,202.74 102.56 395.48

*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.
  • PARKEN Sport & Entertainment has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • PARKEN Sport & Entertainment used its assets less efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • PARKEN Sport & Entertainment's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess PARKEN Sport & Entertainment'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 Hospitality 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.
PARKEN Sport & Entertainment has a total score of 1/6, 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.

Health

 How is PARKEN Sport & Entertainment'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 PARKEN Sport & Entertainment's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • PARKEN Sport & Entertainment's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • PARKEN Sport & Entertainment's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of PARKEN Sport & Entertainment'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.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
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 PARKEN Sport & Entertainment Company Filings, last reported 3 months ago.

DB:D2V Past Debt and Equity Data
Date (Data in DKK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 846.91 1,194.37 37.90
2019-09-30 833.21 1,243.61 8.97
2019-06-30 736.31 1,274.57 20.49
2019-03-31 780.09 1,260.11 18.82
2018-12-31 817.61 1,192.64 27.46
2018-09-30 791.75 1,274.27 53.30
2018-06-30 747.39 1,316.67 15.99
2018-03-31 986.95 1,308.92 22.02
2017-12-31 993.93 1,237.82 12.60
2017-09-30 999.57 1,259.96 15.33
2017-06-30 932.34 1,280.69 29.24
2017-03-31 1,010.61 1,257.79 3.64
2016-12-31 1,031.65 1,262.95 34.96
2016-09-30 1,032.74 1,432.92 30.72
2016-06-30 953.00 1,434.64 28.30
2016-03-31 953.46 1,457.44 41.53
2015-12-31 970.41 1,406.02 15.39
2015-09-30 974.97 1,413.62 13.79
2015-06-30 966.95 1,309.89 20.13
2015-03-31 935.78 1,350.10 17.04
2014-12-31 986.18 1,296.13 41.80
2014-09-30 1,022.63 1,048.86 62.70
2014-06-30 1,005.19 1,080.00 112.33
2014-03-31 1,016.82 1,111.18 63.03
2013-12-31 1,042.31 1,313.46 69.18
2013-09-30 930.47 1,187.14 37.35
2013-06-30 883.72 1,233.69 51.45
  • PARKEN Sport & Entertainment's level of debt (141%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (131.6% vs 141% today).
  • Debt is not well covered by operating cash flow (7.3%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.5x coverage).
X
Financial health checks
We assess PARKEN Sport & Entertainment'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. PARKEN Sport & Entertainment has a total score of 1/6, 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.

Dividends

 What is PARKEN Sport & Entertainment'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
0%
Current annual income from PARKEN Sport & Entertainment dividends.
If you bought €2,000 of PARKEN Sport & Entertainment shares you are expected to receive €0 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?
  • Unable to evaluate PARKEN Sport & Entertainment's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate PARKEN Sport & Entertainment's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
DB:D2V 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 0 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 11.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 316 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

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

DB:D2V Past Annualized Dividends Data
Date (Data in DKK) Dividend per share (annual) Avg. Yield (%)
2020-03-04 0.000 0.000
2019-03-04 2.500 2.384
2018-03-12 2.500 3.029
2017-03-20 10.000 12.602

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

  • Unable to perform a dividend volatility check as PARKEN Sport & Entertainment has not reported any payouts.
  • Unable to verify if PARKEN Sport & Entertainment's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of PARKEN Sport & Entertainment's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as PARKEN Sport & Entertainment has not reported any payouts.
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 PARKEN Sport & Entertainment's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 PARKEN Sport & Entertainment afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. PARKEN Sport & Entertainment has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of PARKEN Sport & Entertainment'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
Jan Harrit
COMPENSATION DKK2,977,000
AGE 54
TENURE AS CEO 1.3 years
CEO Bio

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

CEO Compensation
  • Insufficient data for Jan to compare compensation growth.
  • Jan's remuneration is about average for companies of similar size in Germany.
Management Team

Jan Harrit

TITLE
Member of Group Executive Board & CEO
COMPENSATION
DKK3M
AGE
54
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the PARKEN Sport & Entertainment board of directors in years:

3.3
Average Tenure
60.5
Average Age
  • The tenure for the PARKEN Sport & Entertainment board of directors is about average.
Board of Directors

Bo Rygaard

TITLE
Chairman of the Board
COMPENSATION
DKK1M
AGE
54
TENURE
5.3 yrs

Henrik Møgelmose

TITLE
Vice Chairman
COMPENSATION
DKK225K
AGE
61
TENURE
1.3 yrs

Hans Carstensen

TITLE
Director
COMPENSATION
DKK122K
AGE
54
TENURE
1.3 yrs

Benny Olsen

TITLE
Director
COMPENSATION
DKK125K
AGE
66
TENURE
21.3 yrs

Erik Skjærbæk

TITLE
Independent Director
COMPENSATION
DKK125K
AGE
60
TENURE
11.3 yrs

Karl Peter Sørensen

TITLE
Independent Director
COMPENSATION
DKK125K
AGE
67
TENURE
11.3 yrs

Gert Petersen

TITLE
Director
COMPENSATION
DKK75K
AGE
66
TENURE
1.3 yrs

William Kvist

TITLE
Director
COMPENSATION
DKK47K
AGE
34
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess PARKEN Sport & Entertainment'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. PARKEN Sport & Entertainment 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.

News

Simply Wall St News

Company Info

Description

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 holiday and activity centers; and construction, rental, and sale of holiday homes. The company was founded in 1991 and is based in Copenhagen, Denmark.

Details
Name: PARKEN Sport & Entertainment A/S
D2V
Exchange: DB
Founded: 1991
DKK89,024,600
9,769,511
Website: http://www.parken.dk
Address: PARKEN Sport & Entertainment A/S
Telia Parken,
Per Henrik Lings Allé 2,
Copenhagen,
Capital Region of Denmark, 2100,
Denmark
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CPSE PARKEN Share Capital OMX Nordic Exchange Copenhagen DK DKK 27. Nov 1997
DB D2V Share Capital Deutsche Boerse AG DE EUR 27. Nov 1997
LSE 0MDX Share Capital London Stock Exchange GB DKK 27. Nov 1997
BATS-CHIXE PARKEC Share Capital BATS 'Chi-X Europe' GB DKK 27. Nov 1997
Number of employees
Current staff
Staff numbers
0
PARKEN Sport & Entertainment employees.
Industry
Leisure Facilities
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 21:03
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/03/04
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.