Pizza Pizza Royalty
Market Cap
CA$329.9m
Last Updated
2019/09/23 00:30 UTC
Data Sources
Company Financials +
Executive Summary
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.
Snowflake
Fundamentals
Excellent balance sheet and good value.
Risks
- Pizza Pizza Royalty is covered by less than 3 analysts.
Similar Companies
Share Price & News
How has Pizza Pizza Royalty's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.7%
PZA
-1.9%
CA Hospitality
0.9%
CA Market
1 Year Return
3.7%
PZA
-18.9%
CA Hospitality
-0.2%
CA Market
PZA outperformed the Hospitality industry which returned -18.9% over the past year.
PZA outperformed the Market in Canada which returned -0.1% over the past year.
Share holder returns
| PZA | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.7% | -1.9% | 0.9% |
| 30 Day | 4.5% | 6.8% | 5.7% |
| 90 Day | 2.9% | -2.6% | 1.8% |
| 1 Year | 13.4%3.7% | -18.3%-18.9% | 3.3%-0.2% |
| 3 Year | -17.6%-32.6% | 20.9%17.7% | 19.2%8.5% |
| 5 Year | 5.6%-22.9% | -0.8%-3.7% | 23.3%5.8% |
Price Volatility Vs. Market
How volatile is Pizza Pizza Royalty's share price compared to the market and industry in the last 5 years?
Simply Wall St News
15 hours ago | Simply Wall St
Why You Should Leave Pizza Pizza Royalty Corp. (TSE:PZA)'s Upcoming Dividend On The Shelf2 weeks ago | Simply Wall St
What Kind Of Shareholder Owns Most Pizza Pizza Royalty Corp. (TSE:PZA) Stock?4 weeks ago | Simply Wall St
Has Pizza Pizza Royalty Corp.'s (TSE:PZA) Earnings Momentum Changed Recently?Valuation
Is Pizza Pizza Royalty undervalued based on future cash flows and its price relative to the stock market?
24%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Pizza Pizza Royalty's share price is below the future cash flow value, and at a moderate discount (> 20%).
Pizza Pizza Royalty's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
Pizza Pizza Royalty is good value based on earnings compared to the CA Hospitality industry average.
Pizza Pizza Royalty is good value based on earnings compared to the Canada market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Pizza Pizza Royalty, we can't assess if its growth is good value.
Price Based on Value of Assets
Pizza Pizza Royalty is good value based on assets compared to the CA Hospitality industry average.
Next Steps
Future Growth
How is Pizza Pizza Royalty expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
2.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Pizza Pizza Royalty's revenue is expected to grow significantly at over 20% yearly.
Pizza Pizza Royalty's earnings are expected to grow by 2.6% yearly, however this is not considered high growth (20% yearly).
Pizza Pizza Royalty's revenue growth is expected to exceed the Canada market average.
Pizza Pizza Royalty's earnings growth is positive but not above the Canada market average.
Pizza Pizza Royalty's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Pizza Pizza Royalty will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Pizza Pizza Royalty performed over the past 5 years?
2.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Pizza Pizza Royalty's year on year earnings growth rate has been positive over the past 5 years.
Pizza Pizza Royalty's 1-year earnings growth is less than its 5-year average (0.1% vs 2.2%)
Pizza Pizza Royalty's earnings growth has exceeded the CA Hospitality industry average in the past year (0.1% vs -12.2%).
Return on Equity
Pizza Pizza Royalty has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Pizza Pizza Royalty used its assets more efficiently than the CA Hospitality industry average last year based on Return on Assets.
Return on Capital Employed
Pizza Pizza Royalty's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
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Financial Health
How is Pizza Pizza Royalty's financial position?
Financial Position Analysis
Pizza Pizza Royalty is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Pizza Pizza Royalty's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Pizza Pizza Royalty's level of debt (16.3%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (17.7% vs 16.3% today).
Debt is well covered by operating cash flow (58.6%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 26x coverage).
Balance Sheet
Low level of unsold assets.
Debt is not covered by short term assets, assets are 0.1x debt.
Next Steps
Dividend
What is Pizza Pizza Royalty's current dividend yield, its reliability and sustainability?
8.29%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Pizza Pizza Royalty before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield and Payments Analysis
Pizza Pizza Royalty's pays a higher dividend yield than the bottom 25% of dividend payers in Canada (1.95%).
Pizza Pizza Royalty's dividend is above the markets top 25% of dividend payers in Canada (5.78%).
Dividends per share have been stable in the past 10 years.
Dividends per share have fallen over the past 10 years.
Current Payout to Shareholders
Dividends paid are not well covered by earnings (1x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
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Management
What is the CEO of Pizza Pizza Royalty's salary, the management and board of directors tenure and is there insider trading?
3.6yrs
Average board tenure
CEO
Pizza Pizza Royalty has no CEO, or we have no data on them.
Board Age and Tenure
3.6yrs
Average Tenure
70yo
Average Age
The tenure for the Pizza Pizza Royalty board of directors is about average.
Insider Trading
More shares have been bought than sold by Pizza Pizza Royalty individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
| Entity | Individual |
| Shares | 2,000 |
| Max Price | CA$10.09 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 1,200 |
| Max Price | CA$10.25 |
Ownership Breakdown
Management Team
Philip Goudreau
Senior Vice President of Operations & Development - Pizza 73
- Tenure: 0yrs
Board Members
Dick McCoy (76yo)
Corporate Director
- Tenure: 14.3yrs
- Compensation: CA$38.00k
Ted Nash
Director
- Tenure: 3.3yrs
- Compensation: CA$38.00k
Jay Swartz (70yo)
Chair of the Board of Directors
- Tenure: 0yrs
- Compensation: CA$45.29k
Kathy Welsh
Corporate Director
- Tenure: 3.3yrs
- Compensation: CA$45.50k
Michelle Savoy (59yo)
Corporate Director
- Tenure: 3.8yrs
- Compensation: CA$37.00k
Company Information
Pizza Pizza Royalty Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Pizza Pizza Royalty Corp.
- Ticker: PZA
- Exchange: TSX
- Founded: 1967
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: CA$329.907m
- Shares outstanding: 31.97m
- Website: https://www.pizzapizza.ca
Location
- Pizza Pizza Royalty Corp.
- 500 Kipling Avenue
- Toronto
- Ontario
- M8Z 5E5
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PZA | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Jul 2005 |
| PZRI.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Jul 2005 |
Biography
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. As of January ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/23 00:30 |
| End of Day Share Price | 2019/09/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.