Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

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

Company Dividend Discount ModelIndustry: EntertainmentSector: Communication Services

Valuation Snapshot

Stable Growth$1,902.27 - $2,241.19$2,100.33
Multi-Stage$429.30 - $469.57$449.07
Blended Fair Value$1,274.70
Current Price$170.00
Upside649.82%
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 Rate5.79%5.79%5.79%
Growth Rate5.50%6.50%7.50%
Fair Value$1,902.27$2,100.33$2,241.19
Upside / Downside1,018.98%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 Rate5.79%5.79%5.79%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)97.9998.9299.85
Year 2 PV (M)98.29100.16102.05
Year 3 PV (M)98.58101.41104.30
Year 4 PV (M)98.88102.68106.59
Year 5 PV (M)99.16103.95108.93
PV of Terminal Value (M)3,762.453,944.184,132.86
Equity Value (M)4,255.364,451.314,654.58
Shares Outstanding (M)9.919.919.91
Fair Value$429.30$449.07$469.57
Upside / Downside152.53%164.16%176.22%

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