Park Group (PKG)

Business description

Park Group is a financial services business. It is one of the UK’s leading multi-retailer gift voucher and prepaid gift card businesses, focused on the corporate gift and consumer markets. Sales are generated via e-commerce, a direct salesforce and agents.

Stock data

Market cap.£158.7m
Last close85.50p
High / Low (52 weeks)87.0p / 61.2p
Stock market listingLN
Forecast net cash (£m)34.8
Forecast gearing ratio (%)N/A
TeamFinancials
SectorFinancials

Price performance

%1m3m12m
Actual0.68.937.9
Relative *2.07.525.0

* % Relative to local index

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Company news

Does Park Group plc's (AIM:PKG) 2% Earnings Growth Make It An Outperformer?

Tue, 21 Nov 2017 16:41:15 GMT

Reward Cloud and Park Group plc Join Forces to Revolutionise the Digital Gift ...

Tue, 28 Feb 2017 08:08:13 GMT

Is It Too Late To Buy Park Group plc (AIM:PKG)?

Tue, 07 Nov 2017 13:41:15 GMT

Is It Time To Sell Park Group plc (AIM:PKG)?

Fri, 06 Oct 2017 11:15:00 GMT

MAMA Cross Spotted in Park Group Plc (PKG.L) Shares

Wed, 22 Nov 2017 03:22:30 GMT

Investment summary

Park’s recent AGM statement confirmed that trading year-to-date has been in line with expectations, despite post-Brexit economic uncertainty and growing pressures on consumer disposable income, and expresses confidence in the outlook. Highlighting the growth in order books, particularly in Christmas prepayments, total cash balances (both shareholder balances and the segregated customer balances on which Park earns interest) have continued to increase and are again ahead of the same period last year. Supporting this growth are a number of new initiatives, including the roll-out of its new Christmas savings mobile app as well as the global extension of its ‘Evolve’ digital corporate rewards and incentivisation platform. Park’s debt-free balance sheet and cash-generative business model supports continuing investment, as well as an attractive growing dividend.

Last updated on 02/11/2017

Y/E Mar Revenue (£m) EBITDA (£m) PBT (£m) EPS (fd) (p) P/E (x) P/CF (x)
2016A 385.0 12.4 11.9 5.2 16.4 13.1
2017A 404.5 13.0 12.4 5.3 16.1 16.2
2018E 432.8 13.5 13.2 5.6 15.3 14.5
2019E 462.9 14.4 14.3 6.1 14.0 11.9

Last updated on 18/10/2017

Latest research

Latest video

Executive Interview - Park Group

Industry outlook

Constant innovation supports steady growth in Christmas savings and strong trend growth into a large target market for corporate incentivisation and rewards.

Last updated on 02/11/2017

Key management

Laura Carstensen, Chairman
Chris Houghton, CEO
Gary Woods, MD
Martin Stewart, FD

Company address

Valley Road
Birkenhead
Merseyside
CH41 7ED
United Kingdom
+44 (0) 151 653 1700
View website