Definitive Analysis
Definitive Analysis

Financial Statements

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Ticker

Industry

Sector

PARKEN Sport & Entertainment A/S (PARKEN.CO)

Company Dividend Discount ModelIndustry: EntertainmentSector: Communication Services

Valuation Snapshot

Stable Growth$783.32 - $2,241.19$2,100.33
Multi-Stage$321.44 - $351.14$336.02
Blended Fair Value$1,218.17
Current Price$170.00
Upside616.57%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS31.95%0.00%9.869.860.000.000.002.462.469.860.000.00
YoY Growth--0.00%0.00%0.00%0.00%-100.00%0.00%-75.00%0.00%0.00%0.00%
Dividend Yield--7.19%7.76%0.00%0.00%0.00%3.40%2.39%13.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)111.71
(-) Cash Dividends Paid (M)97.70
(=) Cash Retained (M)14.01
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)22.3413.968.38
Cash Retained (M)14.0114.0114.01
(-) Cash Required (M)-22.34-13.96-8.38
(=) Excess Retained (M)-8.330.055.63
(/) Shares Outstanding (M)9.919.919.91
(=) Excess Retained per Share-0.840.000.57
LTM Dividend per Share9.869.869.86
(+) Excess Retained per Share-0.840.000.57
(=) Adjusted Dividend9.029.8610.42
WACC / Discount Rate6.71%6.71%6.71%
Growth Rate5.50%6.50%7.50%
Fair Value$783.32$2,100.33$2,241.19
Upside / Downside360.77%1,135.49%1,218.35%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)111.71118.97126.70134.94143.71153.05157.64
Payout Ratio87.46%87.97%88.47%88.98%89.49%90.00%92.50%
Projected Dividends (M)97.70104.65112.10120.07128.60137.74145.82

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.71%6.71%6.71%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)97.1598.0798.99
Year 2 PV (M)96.5998.43100.29
Year 3 PV (M)96.0498.80101.61
Year 4 PV (M)95.4999.17102.94
Year 5 PV (M)94.9499.53104.29
PV of Terminal Value (M)2,706.052,836.762,972.46
Equity Value (M)3,186.283,330.753,480.59
Shares Outstanding (M)9.919.919.91
Fair Value$321.44$336.02$351.14
Upside / Downside89.08%97.66%106.55%

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