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.
Pizza Pizza Royalty Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$12.37|
|52 Week High||CA$14.33|
|52 Week Low||CA$10.50|
|1 Month Change||-12.46%|
|3 Month Change||3.26%|
|1 Year Change||16.70%|
|3 Year Change||24.32%|
|5 Year Change||-28.29%|
|Change since IPO||16.48%|
Recent News & Updates
Pizza Pizza Royalty's (TSE:PZA) Dividend Will Be Increased To CA$0.065
The board of Pizza Pizza Royalty Corp. ( TSE:PZA ) has announced that it will be increasing its dividend on the 14th of...
|PZA||CA Hospitality||CA Market|
Return vs Industry: PZA exceeded the Canadian Hospitality industry which returned -19.5% over the past year.
Return vs Market: PZA exceeded the Canadian Market which returned 4.2% over the past year.
|PZA Average Weekly Movement||3.8%|
|Hospitality Industry Average Movement||6.2%|
|Market Average Movement||9.7%|
|10% most volatile stocks in CA Market||16.6%|
|10% least volatile stocks in CA Market||4.2%|
Stable Share Price: PZA is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PZA's weekly volatility (4%) has been stable over the past year.
About the Company
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 Fundamentals Summary
|PZA fundamental statistics|
Is PZA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PZA income statement (TTM)|
|Cost of Revenue||CA$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.76|
|Net Profit Margin||75.02%|
How did PZA perform over the long term?See historical performance and comparison
6.3%Current Dividend Yield
Is Pizza Pizza Royalty undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PZA (CA$12.37) is trading below our estimate of fair value (CA$14.82)
Significantly Below Fair Value: PZA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: PZA is poor value based on its PE Ratio (16.2x) compared to the Canadian Hospitality industry average (15.1x).
PE vs Market: PZA is poor value based on its PE Ratio (16.2x) compared to the Canadian market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PZA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PZA is good value based on its PB Ratio (1.4x) compared to the CA Hospitality industry average (1.6x).
How is Pizza Pizza Royalty forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if PZA's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if PZA's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PZA's revenue (40.1% per year) is forecast to grow faster than the Canadian market (6.1% per year).
High Growth Revenue: PZA's revenue (40.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PZA's Return on Equity is forecast to be high in 3 years time
How has Pizza Pizza Royalty performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PZA has high quality earnings.
Growing Profit Margin: PZA's current net profit margins (75%) are lower than last year (76.5%).
Past Earnings Growth Analysis
Earnings Trend: PZA's earnings have declined by 3% per year over the past 5 years.
Accelerating Growth: PZA's earnings growth over the past year (4.9%) exceeds its 5-year average (-3% per year).
Earnings vs Industry: PZA earnings growth over the past year (4.9%) underperformed the Hospitality industry 52.7%.
Return on Equity
High ROE: PZA's Return on Equity (8.5%) is considered low.
How is Pizza Pizza Royalty's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PZA's short term assets (CA$8.9M) exceed its short term liabilities (CA$2.7M).
Long Term Liabilities: PZA's short term assets (CA$8.9M) do not cover its long term liabilities (CA$70.4M).
Debt to Equity History and Analysis
Debt Level: PZA's net debt to equity ratio (14.1%) is considered satisfactory.
Reducing Debt: PZA's debt to equity ratio has reduced from 17.1% to 16.1% over the past 5 years.
Debt Coverage: PZA's debt is well covered by operating cash flow (54.1%).
Interest Coverage: PZA's interest payments on its debt are well covered by EBIT (23.1x coverage).
What is Pizza Pizza Royalty current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PZA's dividend (6.31%) is higher than the bottom 25% of dividend payers in the Canadian market (1.9%).
High Dividend: PZA's dividend (6.31%) is in the top 25% of dividend payers in the Canadian market (5.01%)
Stability and Growth of Payments
Stable Dividend: PZA's dividends per share have been stable in the past 10 years.
Growing Dividend: PZA's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.8%), PZA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (98.8%), PZA's dividend payments are not well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Pizza Pizza Royalty has no CEO, or we have no data on them.
Experienced Board: PZA's board of directors are considered experienced (6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PZA insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pizza Pizza Royalty Corp.'s employee growth, exchange listings and data sources
- Name: Pizza Pizza Royalty Corp.
- Ticker: PZA
- Exchange: TSX
- Founded: 1967
- Industry: Restaurants
- Sector: Consumer Services
- Implied Market Cap: CA$398.033m
- Shares outstanding: 32.18m
- Website: https://www.pizzapizza.ca
- Pizza Pizza Royalty Corp.
- 500 Kipling Avenue
- M8Z 5E5
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/16 00:00|
|End of Day Share Price||2022/05/16 00:00|
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.