Pizza Pizza Royalty (TSX:PZA) - Stock Price, News & Analysis

PZA Stock Overview

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick service restaurants under the Pizza Pizza and Pizza 73 brands in Canada.

PZA fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	3/6
Financial Health	5/6
Dividends	4/6

Rewards

Revenue is forecast to grow 39.22% per year

Risk Analysis

Earnings have declined by 2.4% per year over past 5 years

Dividend of 5.89% is not well covered by earnings or cash flows

My Notes

New

Notes are coming soon

Pizza Pizza Royalty Corp. Competitors

Boston Pizza Royalties Income Fund

TSX:BPF.UN

CA$412.1m

A&W Revenue Royalties Income Fund

TSX:AW.UN

CA$600.7m

Keg Royalties Income Fund

TSX:KEG.UN

CA$268.0m

MTY Food Group

TSX:MTY

CA$1.7b

Price History & Performance

Summary of all time highs, changes and price drops for Pizza Pizza Royalty
Historical stock prices
Current Share Price	CA$14.25
52 Week High	CA$14.33
52 Week Low	CA$11.53
Beta	1.04
1 Month Change	2.96%
3 Month Change	12.12%
1 Year Change	18.85%
3 Year Change	45.85%
5 Year Change	0.07%
Change since IPO	34.18%

Recent updates

Pizza Pizza Royalty's (TSE:PZA) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 24

Pizza Pizza Royalty (TSE:PZA) Has Re-Affirmed Its Dividend Of CA$0.06

Dec 24

Pizza Pizza Royalty's (TSE:PZA) Dividend Will Be Increased To CA$0.06

Nov 21

Pizza Pizza Royalty (TSE:PZA) Is Increasing Its Dividend To CA$0.06

Sep 24

Pizza Pizza Royalty's (TSE:PZA) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 21

Pizza Pizza Royalty (TSE:PZA) Is Due To Pay A Dividend Of CA$0.055

Jun 22

Read This Before Buying Pizza Pizza Royalty Corp. (TSE:PZA) For Its Dividend

May 11

Returns On Capital At Pizza Pizza Royalty (TSE:PZA) Have Hit The Brakes

Apr 03

A Look At The Fair Value Of Pizza Pizza Royalty Corp. (TSE:PZA)

Mar 19

How Much Did Pizza Pizza Royalty's(TSE:PZA) Shareholders Earn From Share Price Movements Over The Last Three Years?

Mar 04

Pizza Pizza Royalty Corp.'s (TSE:PZA) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?

Feb 17

Read This Before Buying Pizza Pizza Royalty Corp. (TSE:PZA) For Its Dividend

Feb 02

We Wouldn't Be Too Quick To Buy Pizza Pizza Royalty Corp. (TSE:PZA) Before It Goes Ex-Dividend

Dec 27

Should We Be Excited About The Trends Of Returns At Pizza Pizza Royalty (TSE:PZA)?

Dec 10

Calculating The Intrinsic Value Of Pizza Pizza Royalty Corp. (TSE:PZA)

Nov 25

Shareholder Returns

	PZA	CA Hospitality	CA Market
7D	0.9%	1.2%	-1.0%
1Y	18.8%	22.1%	-4.4%

Return vs Industry: PZA underperformed the Canadian Hospitality industry which returned 22.5% over the past year.

Return vs Market: PZA exceeded the Canadian Market which returned -3.3% over the past year.

Price Volatility

Is PZA's price volatile compared to industry and market?
PZA volatility
PZA Average Weekly Movement	2.3%
Hospitality Industry Average Movement	4.6%
Market Average Movement	9.8%
10% most volatile stocks in CA Market	18.9%
10% least volatile stocks in CA Market	3.8%

Stable Share Price: PZA is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: PZA's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1967	n/a	n/a	https://www.pizzapizza.ca

Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick service restaurants under the Pizza Pizza and Pizza 73 brands in Canada. It also distributes food. As of December 31, 2021, the company had 727 restaurants in the royalty pool.

Pizza Pizza Royalty Corp. Fundamentals Summary

How do Pizza Pizza Royalty's earnings and revenue compare to its market cap?
PZA fundamental statistics
Market Cap	CA$458.53m
Earnings (TTM)	CA$26.76m
Revenue (TTM)	CA$35.50m

17.1x

P/E Ratio

12.9x

P/S Ratio

Is PZA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
PZA income statement (TTM)
Revenue	CA$35.50m
Cost of Revenue	CA$0
Gross Profit	CA$35.50m
Other Expenses	CA$8.73m
Earnings	CA$26.76m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.83
Gross Margin	100.00%
Net Profit Margin	75.40%
Debt/Equity Ratio	16.1%

How did PZA perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

93%

Payout Ratio

PZA Stock Overview

Rewards

Risk Analysis

Pizza Pizza Royalty Corp. Competitors

TSX:BPF.UN

CA$412.1m

TSX:AW.UN

CA$600.7m

TSX:KEG.UN

CA$268.0m

TSX:MTY

CA$1.7b

Price History & Performance

Recent News & Updates

Upcoming dividend of CA$0.07 per share

Attention Business Editors: Pizza Pizza Royalty Corp. Announces January Dividend, to Be Paid February 15, 2023

Pizza Pizza Royalty Corp. Announces December Dividend, Payable on January 13, 2023

Upcoming dividend of CA$0.07 per share

Price target increased to CA$15.00

Insufficient new directors

Recent updates

Upcoming dividend of CA$0.07 per share

Attention Business Editors: Pizza Pizza Royalty Corp. Announces January Dividend, to Be Paid February 15, 2023

Pizza Pizza Royalty Corp. Announces December Dividend, Payable on January 13, 2023

Upcoming dividend of CA$0.07 per share

Price target increased to CA$15.00

Insufficient new directors

Third quarter 2022 earnings released: EPS: CA$0.23 (vs CA$0.20 in 3Q 2021)

Pizza Pizza Royalty Corp. Announces Quarterly Dividend Increase, Payable on December 15, 2022

Upcoming dividend of CA$0.068 per share

Pizza Pizza Royalty Corp. to Report Q3, 2022 Results on Nov 07, 2022

Pizza Pizza Royalty Corp. Announces Monthly Cash Dividend for September 2022, Payable on October 14, 2022

Insufficient new directors

Upcoming dividend of CA$0.068 per share

Pizza Pizza Royalty (TSE:PZA) Will Pay A Dividend Of CA$0.0675

Pizza Pizza Royalty Corp. Announces Dividend for the Month of August 2022, Payable on September 15, 2022

Now 20% undervalued

Second quarter 2022 earnings released: EPS: CA$0.21 (vs CA$0.18 in 2Q 2021)

Pizza Pizza Royalty Corp. to Report Q2, 2022 Results on Aug 10, 2022

Pizza Pizza Royalty Corp. Announces Dividend for the Month of July 2022, Payable on August 15, 2022

Now 20% undervalued after recent price drop

Pizza Pizza Royalty (TSE:PZA) Is Increasing Its Dividend To CA$0.068

Pizza Pizza Royalty Corp. Announces Dividend for the Month of June 2022, Payable on July 15, 2022

Now 20% undervalued after recent price drop

Upcoming dividend of CA$0.065 per share

Pizza Pizza Royalty Corp. Announces Dividend for the Month of May 2022, Payable on June 15, 2022

First quarter 2022 earnings released: EPS: CA$0.18 (vs CA$0.16 in 1Q 2021)

Price target increased to CA$14.00

Pizza Pizza Royalty Corp. Announces Dividend for April 2022, Payable on May 13, 2022

Pizza Pizza Royalty's (TSE:PZA) Dividend Will Be Increased To CA$0.065

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Pizza Pizza Royalty's (TSE:PZA) Shareholders Will Receive A Bigger Dividend Than Last Year

Pizza Pizza Royalty Corp. Announces Monthly Dividend for February 2022, Payable on March 15, 2022

Pizza Pizza Royalty (TSE:PZA) Has Re-Affirmed Its Dividend Of CA$0.06

Chief Financial Officer recently bought CA$65k worth of stock

Upcoming dividend of CA$0.06 per share

Pizza Pizza Royalty's (TSE:PZA) Dividend Will Be Increased To CA$0.06

Insider recently bought CA$60k worth of stock

Third quarter 2021 earnings released

Price target increased to CA$12.00

Pizza Pizza Royalty (TSE:PZA) Is Increasing Its Dividend To CA$0.06

Upcoming dividend of CA$0.06 per share

Pizza Pizza Royalty's (TSE:PZA) Shareholders Will Receive A Bigger Dividend Than Last Year

Price target decreased to CA$11.00

Second quarter 2021 earnings released

Pizza Pizza Royalty (TSE:PZA) Is Due To Pay A Dividend Of CA$0.055

Pizza Pizza Royalty Corp. Announces May Dividend, Payable on June 15, 2021

First quarter 2021 earnings released: EPS CA$0.16 (vs CA$0.20 in 1Q 2020)

Read This Before Buying Pizza Pizza Royalty Corp. (TSE:PZA) For Its Dividend

Returns On Capital At Pizza Pizza Royalty (TSE:PZA) Have Hit The Brakes

A Look At The Fair Value Of Pizza Pizza Royalty Corp. (TSE:PZA)

How Much Did Pizza Pizza Royalty's(TSE:PZA) Shareholders Earn From Share Price Movements Over The Last Three Years?

Full year 2020 earnings released: EPS CA$0.76 (vs CA$0.85 in FY 2019)

Pizza Pizza Royalty Corp. to Report Q4, 2020 Results on Mar 02, 2021

Pizza Pizza Royalty Corp. Adjusts the Number of Restaurants in the Royalty Pool

Pizza Pizza Royalty Corp.'s (TSE:PZA) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?

New 90-day high: CA$9.93

Read This Before Buying Pizza Pizza Royalty Corp. (TSE:PZA) For Its Dividend

New 90-day high: CA$9.46

We Wouldn't Be Too Quick To Buy Pizza Pizza Royalty Corp. (TSE:PZA) Before It Goes Ex-Dividend