| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
QSP.UN Stock Overview
Restaurant Brands International Limited Partnership operates and franchises quick service restaurants.
Restaurant Brands International Limited Partnership Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$71.85 |
| 52 Week High | CA$85.88 |
| 52 Week Low | CA$69.70 |
| Beta | 1.13 |
| 1 Month Change | -2.02% |
| 3 Month Change | -6.43% |
| 1 Year Change | -10.39% |
| 3 Year Change | -5.45% |
| 5 Year Change | 12.27% |
| Change since IPO | 70.26% |
Recent News & Updates
The Returns At Restaurant Brands International Limited Partnership (TSE:QSP.UN) Aren't Growing
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Calculating The Intrinsic Value Of Restaurant Brands International Limited Partnership (TSE:QSP.UN)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Restaurant Brands...
Is Restaurant Brands International Limited Partnership (TSE:QSP.UN) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Restaurant Brands International Limited Partnership (TSE:QSP.UN) Has More To Do To Multiply In Value Going Forward
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Shareholder Returns
| QSP.UN | CA Hospitality | CA Market | |
|---|---|---|---|
| 7D | -1.5% | -0.8% | 2.4% |
| 1Y | -10.4% | -7.4% | 19.9% |
Return vs Industry: QSP.UN underperformed the Canadian Hospitality industry which returned -8% over the past year.
Return vs Market: QSP.UN underperformed the Canadian Market which returned 19.1% over the past year.
Price Volatility
| QSP.UN volatility | |
|---|---|
| QSP.UN Average Weekly Movement | 4.0% |
| Hospitality Industry Average Movement | 6.6% |
| Market Average Movement | 9.7% |
| 10% most volatile stocks in CA Market | 17.6% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: QSP.UN is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: Insufficient data to determine QSP.UN's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1954 | 5,200 | Jos Cil | https://www.rbi.com |
Restaurant Brands International Limited Partnership operates and franchises quick service restaurants. The company operates through three segments: Tim Hortons, Burger King, and Popeyes. Its restaurants offer coffee and other beverages, and food products under the Tim Hortons brand name; hamburgers, chicken, specialty sandwiches, french fries, and soft drinks primarily under the Burger King brand; and fried chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other regional items under the Popeyes brand name.
Restaurant Brands International Limited Partnership Fundamentals Summary
| QSP.UN fundamental statistics | |
|---|---|
| Market Cap | US$19.92b |
| Earnings (TTM) | US$1.13b |
| Revenue (TTM) | US$5.55b |
17.7x
P/E Ratio3.6x
P/S RatioIs QSP.UN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| QSP.UN income statement (TTM) | |
|---|---|
| Revenue | US$5.55b |
| Cost of Revenue | US$2.39b |
| Gross Profit | US$3.16b |
| Expenses | US$2.03b |
| Earnings | US$1.13b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.24 |
| Gross Margin | 56.93% |
| Net Profit Margin | 20.28% |
| Debt/Equity Ratio | 309.8% |
How did QSP.UN perform over the long term?
See historical performance and comparisonDividends
3.7%
Current Dividend Yield67%
Payout RatioValuation
Is Restaurant Brands International Limited Partnership undervalued compared to its fair value and its price relative to the market?
22.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: QSP.UN (CA$71.85) is trading below our estimate of fair value (CA$92.33)
Significantly Below Fair Value: QSP.UN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: QSP.UN is poor value based on its PE Ratio (17.7x) compared to the Canadian Hospitality industry average (17.5x).
PE vs Market: QSP.UN is poor value based on its PE Ratio (17.7x) compared to the Canadian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate QSP.UN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: QSP.UN is overvalued based on its PB Ratio (4.9x) compared to the CA Hospitality industry average (1.7x).
Future Growth
How is Restaurant Brands International Limited Partnership forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
40.1%
Forecasted Consumer Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Restaurant Brands International Limited Partnership has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Restaurant Brands International Limited Partnership performed over the past 5 years?
3.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QSP.UN has high quality earnings.
Growing Profit Margin: QSP.UN's current net profit margins (20.3%) are higher than last year (17%).
Past Earnings Growth Analysis
Earnings Trend: QSP.UN's earnings have grown by 3.4% per year over the past 5 years.
Accelerating Growth: QSP.UN's earnings growth over the past year (30.2%) exceeds its 5-year average (3.4% per year).
Earnings vs Industry: QSP.UN earnings growth over the past year (30.2%) exceeded the Hospitality industry 3.8%.
Return on Equity
High ROE: Whilst QSP.UN's Return on Equity (27.51%) is high, this metric is skewed due to their high level of debt.
Financial Health
How is Restaurant Brands International Limited Partnership's financial position?
Financial Position Analysis
Short Term Liabilities: QSP.UN's short term assets ($2.6B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: QSP.UN's short term assets ($2.6B) do not cover its long term liabilities ($17.1B).
Debt to Equity History and Analysis
Debt Level: QSP.UN's net debt to equity ratio (266.6%) is considered high.
Reducing Debt: QSP.UN's debt to equity ratio has increased from 126.7% to 309.8% over the past 5 years.
Debt Coverage: QSP.UN's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: QSP.UN's interest payments on its debt are well covered by EBIT (3.7x coverage).
Balance Sheet
Dividend
What is Restaurant Brands International Limited Partnership current dividend yield, its reliability and sustainability?
3.69%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: QSP.UN's dividend (3.69%) is higher than the bottom 25% of dividend payers in the Canadian market (1.59%).
High Dividend: QSP.UN's dividend (3.69%) is low compared to the top 25% of dividend payers in the Canadian market (4.6%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, QSP.UN has been paying a dividend for less than 10 years.
Growing Dividend: QSP.UN's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (66.8%), QSP.UN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.0yrs
Average management tenure
CEO
Jos Cil (51 yo)
3yrs
Tenure
US$20,054,416
Compensation
Mr. Jose E. Cil, also known as Jos, has been the Chief Executive Officer at Restaurant Brands International Inc., a General Partner of Restaurant Brands International Limited Partnership since January 23,...
CEO Compensation Analysis
Compensation vs Market: Jos's total compensation ($USD20.05M) is above average for companies of similar size in the Canadian market ($USD5.90M).
Compensation vs Earnings: Jos's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: QSP.UN's management team is considered experienced (3 years average tenure).
Board Members
Experienced Board: QSP.UN's board of directors are considered experienced (3.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Restaurant Brands International Limited Partnership's employee growth, exchange listings and data sources
Key Information
- Name: Restaurant Brands International Limited Partnership
- Ticker: QSP.UN
- Exchange: TSX
- Founded: 1954
- Industry: Restaurants
- Sector: Consumer Services
- Implied Market Cap: CA$24.932b
- Shares outstanding: 347.00m
- Website: https://www.rbi.com
Number of Employees
Location
- Restaurant Brands International Limited Partnership
- 130 King Street West
- Suite 300
- Toronto
- Ontario
- M5X 1E1
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/18 01:12 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.