Parkit Enterprise Inc
XTSX:PKT

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Parkit Enterprise Inc
XTSX:PKT
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Price: 0.61 CAD -3.17% Market Closed
Market Cap: CA$129.8m

Gross Margin

59.8%
Current
Improving
by 3.8%
vs 3-y average of 56%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
59.8%
=
Gross Profit
CA$18.6m
/
Revenue
CA$31.1m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
59.8%
=
Gross Profit
CA$18.6m
/
Revenue
CA$31.1m

Peer Comparison

Country Company Market Cap Gross
Margin
CA
Parkit Enterprise Inc
XTSX:PKT
130.1m CAD
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US
Waste Management Inc
NYSE:WM
94.2B USD
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US
Republic Services Inc
NYSE:RSG
68.7B USD
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CA
Waste Connections Inc
TSX:WCN
57.8B CAD
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US
Rollins Inc
NYSE:ROL
26B USD
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US
Veralto Corp
NYSE:VLTO
22.3B USD
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UK
Rentokil Initial PLC
LSE:RTO
12B GBP
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US
Clean Harbors Inc
NYSE:CLH
15.3B USD
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CA
GFL Environmental Inc
TSX:GFL
20.9B CAD
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CN
Spic Yuanda Environmental Protection Co Ltd
SSE:600292
64.2B CNY
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US
Tetra Tech Inc
NASDAQ:TTEK
8.1B USD
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Market Distribution

Higher than 79% of companies in Canada
Percentile
79th
Based on 4 108 companies
79th percentile
59.8%
Low
-10 058.3% — 20.4%
Typical Range
20.4% — 50.5%
High
50.5% — 717.4%
Distribution Statistics
Canada
Min -10 058.3%
30th Percentile 20.4%
Median 33.6%
70th Percentile 50.5%
Max 717.4%

Parkit Enterprise Inc
Glance View

Parkit Enterprise, Inc. engages in the acquisition, optimization, and asset management of income-producing parking facilities. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2009-10-23. The company operates through two segments: Investment Properties and Parking Assets. The Investment Properties segment involves the acquisition and management of income-producing industrial properties across various markets in Canada, with a focus on the Greater Toronto Area and Ottawa. The Parking Assets involves the acquisition and management of income-producing parking facilities across the United States. Its property portfolio is divided under two categories: industrial assets and parking assets. The Industrial assets include 415 Legget Dr a multi-tenanted industrial warehouse located in Ottawa, Ontario, 568 Second Street, London, Ontario, and 1665 Boul. Lionel-Bertrand, Boisbriand, Quebec. The parking assets include Canopy Airport Parking facility, Chapel Square Lot and Z-Parking.

PKT Intrinsic Value
0.47 CAD
Overvaluation 23%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
59.8%
=
Gross Profit
CA$18.6m
/
Revenue
CA$31.1m
What is Parkit Enterprise Inc's current Gross Margin?

The current Gross Margin for Parkit Enterprise Inc is 59.8%, which is above its 3-year median of 56%.

How has Gross Margin changed over time?

Over the last 3 years, Parkit Enterprise Inc’s Gross Margin has increased from 53.2% to 59.8%. During this period, it reached a low of 23.4% on Jun 30, 2023 and a high of 62.4% on Dec 31, 2024.

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