PRKS - NYSE

United Parks & Resorts Inc.

United Parks & Resorts Inc.

PRKSยทNYSE

$39.07

-5.4%
Consumer CyclicalLeisure

United Parks & Resorts Inc., together with its subsidiaries, operates as a theme park and entertainment company in the United States. It operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia. The company also operates water park attractions in Orlando, Florida; San Antonio, Texas; San Diego, California; Chula Vista, California; Tampa, Florida; and Williamsburg, Virginia. In addition, it operates a reservations-only theme park in Orlando, Florida and a park in Langhorne, Pennsylvania. The company operates a portfolio of twelve theme parks under the SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Water Country USA, Adventure Island, and Sesame Place brands. The company was formerly known as SeaWorld Entertainment, Inc. and changed its name to United Parks & Resorts Inc. in February 2024. SeaWorld Entertainment, Inc. was founded in 1959 and is headquartered in Orlando, Florida.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$1.84B
EPS3.0900
P/E Ratio12.64
Earnings Date08/06/2026
United Parks & Resorts Inc.

United Parks & Resorts Inc. Fair Value Envelope

PRKS ยท NYSE

Our analysis suggests that PRKS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $39.07, this represents a potential HIDDEN relative to our calculated worth for United Parks & Resorts Inc..

HIDDEN
Intrinsic Value
Current Price: $39.07

Owner Earnings Valuation Tool

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

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$14.8B
+ Cash & Equivalents$99.8M
Firm Value$14.9B
- Debt$2.4B
Equity Value$12.5B
/ Shares Outstanding55,016,963B
DCF Value$227
UNDERVALUED BY 482%

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
$431.6M
$490.1M
$556.6M
$632.0M
$717.7M
$815.0M
$925.5M
$1.1B
$1.2B
$1.4B
Maintenance CapEx
-$26.6M
-$30.2M
-$34.3M
-$38.9M
-$44.2M
-$50.2M
-$57.0M
-$64.7M
-$73.4M
-$83.4M
Owner Earnings
$405.0M
$460.0M
$522.3M
$593.1M
$673.5M
$764.8M
$868.5M
$986.2M
$1.1B
$1.3B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$375.0M
$394.3M
$414.6M
$436.0M
$458.4M
$482.0M
$506.8M
$532.8M
$560.2M
$589.1M
Terminal Value represents 67.8% of Enterprise Value

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