Parkit Enterprise Inc
XTSX:PKT

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Parkit Enterprise Inc
XTSX:PKT
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Price: 0.58 CAD 5.45%
Market Cap: 129.6m CAD
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Gross Margin
Parkit Enterprise Inc

62.2%
Current
32%
Average
28.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
62.2%
=
Gross Profit
17.6m
/
Revenue
28.3m

Gross Margin Across Competitors

Country CA
Market Cap 129.6m CAD
Gross Margin
62%
Country US
Market Cap 81.3B USD
Gross Margin
39%
Country US
Market Cap 63.3B USD
Gross Margin
41%
Country CA
Market Cap 63.9B CAD
Gross Margin
42%
Country US
Market Cap 25B USD
Gross Margin
59%
Country US
Market Cap 22.3B USD
Gross Margin
53%
Country CA
Market Cap 24.3B CAD
Gross Margin
18%
Country US
Market Cap 12.4B USD
Gross Margin
31%
Country UK
Market Cap 9.8B GBP
Gross Margin
0%
Country US
Market Cap 10.6B USD
Gross Margin
20%
Country US
Market Cap 6.9B USD
Gross Margin
39%
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Parkit Enterprise Inc
Glance View

Market Cap
129.6m CAD
Industry
Commercial Services & Supplies

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
1.02 CAD
Undervaluation 43%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
62.2%
=
Gross Profit
17.6m
/
Revenue
28.3m
What is the Gross Margin of Parkit Enterprise Inc?

Based on Parkit Enterprise Inc's most recent financial statements, the company has Gross Margin of 62.2%.