PK - NYSE

Park Hotels & Resorts Inc.

Park Hotels & Resorts Inc.

PKยทNYSE

$14.04

+3.8%
Real EstateREIT - Hotel & Motel

Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 60 premium-branded hotels and resorts with over 33,000 rooms primarily located in prime city center and resort locations.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$2.83B
EPS-1.4200
P/E Ratio-9.89
Earnings Date07/30/2026
Park Hotels & Resorts Inc.

Park Hotels & Resorts Inc. Fair Value Envelope

PK ยท NYSE

Our analysis suggests that PK has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $14.04, this represents a potential HIDDEN relative to our calculated worth for Park Hotels & Resorts Inc..

HIDDEN
Intrinsic Value
Current Price: $14.04

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$300.2M
+ Cash & Equivalents$232.0M
Firm Value$532.2M
- Debt$4.3B
Equity Value-$3.7B
/ Shares Outstanding199,898,278B
DCF Value-$19
OVERVALUED BY 233%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$201.0M
$101.5M
$51.2M
$25.9M
$13.1M
$6.6M
$3.3M
$1.7M
$849.4K
$428.9K
Maintenance CapEx
-$29.9M
-$15.1M
-$7.6M
-$3.8M
-$1.9M
-$981.3K
-$495.5K
-$250.2K
-$126.3K
-$63.8K
Owner Earnings
$171.1M
$86.4M
$43.6M
$22.0M
$11.1M
$5.6M
$2.8M
$1.4M
$723.1K
$365.1K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$158.4M
$74.1M
$34.6M
$16.2M
$7.6M
$3.5M
$1.7M
$773.6K
$361.7K
$169.1K
Terminal Value represents 1.0% of Enterprise Value

Related Guides

Blog Categories

Continue your PK research with focused valuation guides.

DCF Modeling

Improve assumptions for intrinsic value accuracy.

Forecasting

Calibrate growth paths and terminal value behavior.

WACC

Refine discount-rate logic for valuation quality.

Cost of Capital

Match risk profile to expected return assumptions.

Research Paths

Pick your next lens
1

Snapshot

Start with context, operating signals, and key market metrics.

2

Value Model

Stress test fair value across bear, base, and bull assumptions.

3

Statements

Validate revenue quality, margins, and balance sheet durability.

4

Earnings Call

Read management commentary and compare it with reported outcomes.

5

Dividends

Check payout sustainability and long-term distribution behavior.

6

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.