AlphaMadera's AlphaVal page computes Park Hotels & Resorts Inc.'s fair value using a multi-method blend (DCF, comparable-multiples, and Graham-style intrinsic value), then compares it to the current market price to flag PK as undervalued, fairly valued, or overvalued.

What is Park Hotels & Resorts Inc.'s fair value?

Fair value for PK is a model output combining discounted cash flow projections, peer-group multiples, and a Graham number floor. The live AlphaVal page shows the blended fair value alongside each method's individual estimate.

How does AlphaMadera value PK?

AlphaVal uses three primary techniques: a five-year discounted-cash-flow projection with terminal multiple, peer-group multiple analysis (P/E, EV/EBITDA, P/S), and Graham's defensive-investor intrinsic-value formula. Inputs come from PK's most recent reported fundamentals.

PK - Park Hotels & Resorts Inc.

Price: -- -- | CONSENSUS: Hold DETAILS | PRICE TARGET: $13.00 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Real Estate Investment Trust 85% confidence

Primary model: P/FFO × Default REIT Multiple

Valuation Signal Overvalued Moderate

Trading 39.6% above fair value

Current Price $14.65

Bear Case $8.81 39.9% downside ($8.81 - $14.65) / $14.65 = -39.9% $0.26 FFO × 18x

Fair Value $10.50 28.4% downside ($10.50 - $14.65) / $14.65 = -28.4% $0.26 FFO × 22x

Bull Case $12.19 16.8% downside ($12.19 - $14.65) / $14.65 = -16.8% $0.26 FFO × 26x

Adjust Assumptions

P/FFO Multiple

22.1x

FFO per Share

0.26$

Key Value Driver

FFO/share ($0.26) × default P/FFO multiple

Implied Market Multiple 55.7x

Plain-Language Summary

Our base-case estimate uses P/FFO × Default REIT Multiple. We then blend that result with the average analyst price target of $13.00 from 26 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $10.50 per share.

Warnings

⚠ Standard profit figures are misleading for real estate companies — large non-cash accounting charges make profits look artificially low. Dividend yield and funds from operations are better measures.

⚠ Dividend yield of 6.8% is unusually high — make sure the company generates enough cash to keep paying it.

ℹ Dividend-based valuation: $18.64 (93% above our primary estimate). Large gaps suggest the dividend may not fully reflect the company's value.

ℹ Wall Street's average price target is $13.00 (from 26 analysts). Our estimate is 26% below the consensus -- consider that gap carefully.

Key Risks

P/E and EV/EBITDA are structurally wrong for REITs — use P/FFO and NAV
Interest rate sensitivity: REIT multiples compress when rates rise
FFO approximation (NI + D&A) may include gains on property sales — verify