The Keg Royalties Income Fund

TSX:KEG.UN Stock Report

Market Cap: CA$242.6m

Keg Royalties Income Fund Past Earnings Performance

Past criteria checks 4/6

Keg Royalties Income Fund's earnings have been declining at an average annual rate of -18%, while the Hospitality industry saw earnings growing at 9.9% annually. Revenues have been growing at an average rate of 3.6% per year. Keg Royalties Income Fund's return on equity is 23.5%, and it has net margins of 73.9%.

Key information

-18.0%

Earnings growth rate

-18.0%

EPS growth rate

Hospitality Industry Growth6.0%
Revenue growth rate3.6%
Return on equity23.5%
Net Margin73.9%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946

Mar 17
Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946

Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946

Dec 16
Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946

Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946

Nov 19
Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946

Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946

Oct 19
Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946

Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946

Sep 17
Keg Royalties Income Fund (TSE:KEG.UN) Is Paying Out A Dividend Of CA$0.0946

Keg Royalties Income Fund (TSE:KEG.UN) Will Pay A Dividend Of CA$0.035

Jun 17
Keg Royalties Income Fund (TSE:KEG.UN) Will Pay A Dividend Of CA$0.035

What Kind Of Investors Own Most Of The Keg Royalties Income Fund (TSE:KEG.UN)?

Mar 15
What Kind Of Investors Own Most Of The Keg Royalties Income Fund (TSE:KEG.UN)?

Who Has Been Selling The Keg Royalties Income Fund (TSE:KEG.UN) Shares?

Jan 22
Who Has Been Selling The Keg Royalties Income Fund (TSE:KEG.UN) Shares?

Could The The Keg Royalties Income Fund (TSE:KEG.UN) Ownership Structure Tell Us Something Useful?

Nov 30
Could The The Keg Royalties Income Fund (TSE:KEG.UN) Ownership Structure Tell Us Something Useful?

Revenue & Expenses Breakdown
Beta

How Keg Royalties Income Fund makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:KEG.UN Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 23342500
30 Sep 23332300
30 Jun 23331100
31 Mar 23331900
31 Dec 2231500
30 Sep 2230500
30 Jun 2229800
31 Mar 2224-800
31 Dec 2121-500
30 Sep 2119-2600
30 Jun 2117-2000
31 Mar 2115-1900
31 Dec 20182200
30 Sep 20215400
30 Jun 20234600
31 Mar 20295500
31 Dec 19301700
30 Sep 19301900
30 Jun 19301500
31 Mar 19301700
31 Dec 18302900
30 Sep 18292400
30 Jun 18293100
31 Mar 18292000
31 Dec 17291700
30 Sep 17281700
30 Jun 1728-200
31 Mar 1728700
31 Dec 1627100
30 Sep 1628000
30 Jun 16281600
31 Mar 16281800
31 Dec 15281100
30 Sep 1526700
30 Jun 1526200
31 Mar 1526-100
31 Dec 1425800
30 Sep 1425600
30 Jun 1424500
31 Mar 1424800
31 Dec 1324500
30 Sep 1324900
30 Jun 13241000

Quality Earnings: KEG.UN has high quality earnings.

Growing Profit Margin: KEG.UN's current net profit margins (73.9%) are higher than last year (16.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: KEG.UN's earnings have declined by 18% per year over the past 5 years.

Accelerating Growth: KEG.UN's earnings growth over the past year (374.4%) exceeds its 5-year average (-18% per year).

Earnings vs Industry: KEG.UN earnings growth over the past year (374.4%) exceeded the Hospitality industry 16%.


Return on Equity

High ROE: Whilst KEG.UN's Return on Equity (23.55%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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