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Park Street A/S (PARKST-A) Fair Value & Analysis

Real Estate · DK · Market cap 659M DKK (≈ $102M) · ISIN DK0010158500

What is Park Street A/S really worth?

PS Park Street A/S PARKST-A · CO
Pricekr 15.00
Fair Valuekr 7.30
Upside−51.3%
Quality45/100

Below-average quality, and trading another 105% above our fair value of kr 7.30.

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Strengths

Solidly profitable · 12.3% net margin

Risks

!Weak Growth (revenue 5y −2.5 %/yr)
!Moderate debt · negative free cash flow
!Mixed vs. peers (6/13)
!Narrow moat 44/100
!Weak on past: 8 out of 100
Evidence: High Range kr 5.47 – kr 9.12

Fair value as of: Aug 22, 2026

From 9 valuation models · updated 14 days ago

Share price −3.8% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (kr 9.12). The favourable scenario is already priced in.
  • Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.

Price vs Fair Value (5 years)

kr 17.90 kr 7.50 Fair Value kr 7.30 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 22, 2026.

How to read this chart

60‑month range kr 7.50 – kr 17.90 · fair‑value band kr 5.47 – kr 9.12 · the kr 15.00 price screens above the kr 7.30 fair value. Dashed = 300-day average. As of Aug 22, 2026.

Full chart & analysis →

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Analysis

Park Street A/S (PARKST-A) currently trades at kr 15.00, while our model-based Fair Value estimate is kr 7.30, implying the stock looks roughly 105.5% overvalued today. The Quality Score stands at 45/100 (below-average quality), in the Real Estate sector. Bull case: the Asset-Based group reads highest at a median of kr 15.15 per share, and 2 of the 8 models we run sit above the kr 15.00 price. Bear case: the Multiples group reads lowest at kr 7.30, and 6 of the 8 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Park Street A/S generated revenue of 152M DKK at a net margin of 12.3%. Revenue grew 13.6% year over year. It earns a return on equity of 1.9%. Net debt stands at 1.1B DKK. Fundamentals as of Aug 22, 2026

Our scenario range runs from kr 5.47 (bear case) to kr 9.12 (bull case); at kr 15.00, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 11% below its 52-week high and 33% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at −23% fair-value upside, at −51%, PARKST-A screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly kr 0.2922 per share, which is 4.0 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income best evidence kr 15.06 kr 14.25 kr 10.39 76
Gordon GGM kr 7.46 kr 8.04 kr 8.91 69
DDM Multi-Stage kr 7.46 kr 8.88 kr 10.72 67
All 9 models by family
Dividend Discount
Gordon GGM kr 7.46 kr 8.04 kr 8.91 69
DDM Multi-Stage kr 7.46 kr 8.88 kr 10.72 67
Multiples
P/S Multiple kr 5.47 kr 7.30 kr 9.12 58
P/B Multiple kr 5.47 kr 7.30 kr 9.12 55
EV/EBIT kr 8.99 kr 20.42 kr 31.86 62
EV/EBITDA kr 1.50 kr 10.44 kr 19.39 59
EV/Revenue kr 6.54 50
Asset-Based
NCAV (Graham) kr 11.31 kr 15.15 kr 22.61 54
Economic Profit
Residual Income best evidence kr 15.06 kr 14.25 kr 10.39 76

Widest divergence: Asset-Based (kr 15.15) versus Multiples (kr 7.30). Highest evidence: Residual Income (76).

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Key figures & financial health

P/E ratio 37.4 as of May 31, 2026
P/S ratio 4.59 P/E × margin
EPS (TTM) kr 0.4300 price ÷ EPS = P/E 37.4
Dividend yield 6.0%
Net margin 12.3% FY2025
Return on equity 1.9% TTM
More key figures
Profitability
Return on assets (EBIT) 3.1% avg 5y
Operating margin 58.1% TTM
Growth
Revenue (TTM) 152M DKK TTM
Revenue growth (YoY) +13.6% 3y avg −0.3%
EPS growth (YoY) −76.1%
Balance sheet & cash flow
Free cash flow −14.1M DKK FY2025
Net debt 1.1B DKK FY2025

Figures from reported company fundamentals · as of Aug 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 39 · Market factors (momentum, volatility) 55

Profitability 22
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 27
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 52
Distance to the 52-week high (market factor)
Net Issuance 90
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Park Street A/S operates as a real estate investment and asset management company in Denmark. The company owns and manages a portfolio of commercial properties located in Greater Copenhagen, Zealand, Fyn, and Jutland. Its asset portfolio consists of residential, office, retail, hotel, and storage properties.

Full company description

Park Street A/S operates as a real estate investment and asset management company in Denmark. The company owns and manages a portfolio of commercial properties located in Greater Copenhagen, Zealand, Fyn, and Jutland. Its asset portfolio consists of residential, office, retail, hotel, and storage properties. The company was formerly known as Park Street Nordicom A/S and changed its name to Park Street A/S in June 2021. The company was incorporated in 1989 and is based in Copenhagen, Denmark. Park Street A/S operates as a subsidiary of Park Street Asset Management Limited.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Park Street A/S reported revenue of 152M DKK in FY2025 versus 158M DKK in FY2021, a compound −1.0%/yr. Reported net income was 18.6M DKK in FY2025, compounding −40.2%/yr from FY2021.

Growth Quality 25/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
152M DKK
Latest YoY
+0.5%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.3%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−2.5%
Avg. revenue growth/yr (22Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−5.9%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
−21.7% (−27.7 + 6.0)
Revenue −1.0%/yr
FY21 158M DKK
FY22 153M DKK
FY23 166M DKK
FY24 151M DKK
FY25 152M DKK
Net income −40.2%/yr
FY21 145M DKK
FY22 55.0M DKK
FY23 −24.2M DKK
FY24 7.0M DKK
FY25 18.6M DKK
Character of growth · EPS growth decomposed (2014-2025) −21.4 % p.a.
Revenue per share −17.0 %

of which total revenue −5.0 % · buybacks/dilution −12.7 %

EBIT margin +2.0 %
Tax rate −8.7 %
Residual (interest, one-offs) +1.8 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

PARKST-A screens 105% overvalued. Compare with CBRE Group →

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Cite: Fair Value Calculator (2026). "Park Street A/S Fair Value". https://www.fairvalue-calculator.com/stock/PARKST-A

Peer Group

Real Estate Services · 523 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 46 · Below median
Fair Value upside −51% · Bottom 25%
Return on equity (TTM) 2% · Below median
Return on assets 2% · Above median
Net margin (TTM) 12% · Above median
Operating margin (TTM) 58% · Top 25%
Revenue growth 14% · Above median
Dividend yield (TTM) 6.0% · Above median
Debt / equity 1.15× · Higher than 75% of peers

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/E (TTM) 37.4× · Pricier than 75% of peers
P/B 0.67× · Cheaper than median
P/S (TTM) 4.34× · Pricier than median
EV/EBITDA 19.3× · Pricier than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 30
FUTURE68 · sector 11
PAST8 · sector 17
HEALTH43 · sector 84
DIVIDEND100 · sector 63

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Aug 22, 2026).

Stock Price Fair Value vs Fair Value
CBRE Group CBRE $148.74 $69.47 −53%
Vonovia SE VNA €19.85 €36.67 +85%
Cellnex Telecom, S.A CLNX €27.47 €25.46 −7%
KE Holdings BEKE $17.42 $6.57 −62%
Jones Lang LaSalle Incorporated JLL $378.01 $290.25 −23%
Swire Properties Limited 1972 HK$24.84 HK$5.12 −79%
CoStar Group CSGP $32.22 $4.64 −86%
China Resources Mixc Lifestyle Services Limited 1209 HK$39.84 HK$34.95 −12%
CapitaLand Investment Limited 9CI 2.66 SGD 0.4900 SGD −82%
Plaza S.A MALLPLAZA 4,040 CLP 4,571 CLP +13%

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Frequently asked questions

Is Park Street A/S (PARKST-A) overvalued or undervalued?
As of Aug 22, 2026, our model estimates a fair value of kr 7.30 versus a price of kr 15.00, about −51% upside (overvalued).
What is the fair value of PARKST-A?
Our model-based fair value for Park Street A/S is kr 7.30 (as of Aug 22, 2026), built from audited fundamentals. The current price: kr 15.00.
What is the quality score of PARKST-A?
Park Street A/S has a Quality Score of 45/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Park Street A/S (PARKST-A)?
Park Street A/S reported trailing-twelve-month revenue of about 152M DKK (latest available figure, as of Aug 22, 2026).
What is the net profit margin of PARKST-A?
The net profit margin of Park Street A/S is about 12.3%, meaning it keeps roughly 12.3% of revenue as net income. Based on the latest reported figures.
Does Park Street A/S pay a dividend?
Park Street A/S currently shows a dividend yield of about 5.97% relative to its recent price (as of Aug 22, 2026).
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