Recipe Unlimited
Market Cap
CA$1.7b
Last Updated
2019/07/21 00:55 UTC
Data Sources
Company Financials +
Executive Summary
Recipe Unlimited Corporation operates as a full-service restaurant company.
Snowflake
Fundamentals
Mediocre balance sheet with poor track record.
Similar Companies
Share Price & News
How has Recipe Unlimited's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.8%
TSX:RECP
-0.4%
CA Hospitality
-0.05%
CA Market
1 Year Return
-0.04%
TSX:RECP
-35.6%
CA Hospitality
-2.3%
CA Market
RECP outperformed the Hospitality industry which returned -35.6% over the past year.
RECP outperformed the Market in Canada which returned -2.3% over the past year.
Share holder returns
| RECP | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.8% | -0.4% | -0.05% |
| 30 Day | 0% | -2.8% | -0.5% |
| 90 Day | -0.04% | -9.1% | -2.3% |
| 1 Year | 1.6%-0.04% | -35.3%-35.6% | 1.1%-2.3% |
| 3 Year | -7.1%-11.5% | 27.2%23.8% | 17.8%7.4% |
| 5 Year | n/a | 26.0%21.5% | 15.8%-0.2% |
Price Volatility Vs. Market
How volatile is Recipe Unlimited's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Is Recipe Unlimited Corporation's (TSE:RECP) Share Price Doing?2 weeks ago | Simply Wall St
Should You Be Impressed By Recipe Unlimited Corporation's (TSE:RECP) ROE?1 month ago | Simply Wall St
What Kind Of Shareholders Own Recipe Unlimited Corporation (TSE:RECP)?Valuation
Is Recipe Unlimited undervalued based on future cash flows and its price relative to the stock market?
17%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Recipe Unlimited's share price is below the future cash flow value, but not at a moderate discount (< 20%).
Recipe Unlimited's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
Recipe Unlimited is overvalued based on earnings compared to the CA Hospitality industry average.
Recipe Unlimited is overvalued based on earnings compared to the Canada market.
Price Based on Expected Growth
Recipe Unlimited earnings are not expected to grow next year, we can't assess if its growth is good value.
Price Based on Value of Assets
Recipe Unlimited is overvalued based on assets compared to the CA Hospitality industry average.
Next Steps
Future Growth
How is Recipe Unlimited expected to perform in the next 1 to 3 years based on estimates from 5 analysts?
-2.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Recipe Unlimited's revenue is expected to grow by 3.7% yearly, however this is not considered high growth (20% yearly).
Recipe Unlimited's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Recipe Unlimited's revenue growth is positive but not above the Canada market average.
Recipe Unlimited's earnings are expected to decrease over the next 1-3 years, this is below the Canada market average.
Recipe Unlimited's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.9%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Recipe Unlimited will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
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Past Performance
How has Recipe Unlimited performed over the past 5 years?
19.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Recipe Unlimited's year on year earnings growth rate has been positive over the past 5 years.
Recipe Unlimited's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Recipe Unlimited's 1-year earnings growth is negative, it can't be compared to the CA Hospitality industry average.
Return on Equity
Recipe Unlimited has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Recipe Unlimited used its assets less efficiently than the CA Hospitality industry average last year based on Return on Assets.
Return on Capital Employed
Recipe Unlimited's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
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Financial Health
How is Recipe Unlimited's financial position?
Financial Position Analysis
Recipe Unlimited's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Recipe Unlimited's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Recipe Unlimited's level of debt (90%) compared to net worth is high (greater than 40%).
Recipe Unlimited had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
Debt is well covered by operating cash flow (47.6%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 11.9x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.5x debt.
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Dividend
What is Recipe Unlimited's current dividend yield, its reliability and sustainability?
1.70%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Recipe Unlimited's pays a lower dividend yield than the bottom 25% of dividend payers in Canada (2.07%).
Recipe Unlimited's dividend is below the markets top 25% of dividend payers in Canada (5.68%).
Recipe Unlimited has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
Dividend payments have increased, but Recipe Unlimited only paid a dividend in the past 4 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (2.7x 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 Recipe Unlimited's salary, the management and board of directors tenure and is there insider trading?
4.0yrs
Average management tenure
CEO
Frank Hennessey (55yo)
1.2yrs
Tenure
CA$4,644,523
Compensation
Mr. Frank Hennessey has been Chief Executive Officer of Cara Operations Ltd since May 10, 2018. Mr. Hennessey served as the Chief Executive Officer and President of Imvescor Restaurant Group Inc. since Sep ...
CEO Compensation Analysis
Frank's remuneration is higher than average for companies of similar size in Canada.
Insufficient data for Frank to compare compensation growth.
Management Age and Tenure
4.0yrs
Average Tenure
56yo
Average Age
The tenure for the Recipe Unlimited management team is about average.
Board Age and Tenure
4.3yrs
Average Tenure
60yo
Average Age
The tenure for the Recipe Unlimited board of directors is about average.
Insider Trading
No 3 month individual insider trading information.
Ownership Breakdown
Management Team
Ken Grondin (56yo)
Chief Financial Officer
- Tenure: 5.8yrs
- Compensation: CA$3.35m
Douglas Moffat
Executive VP
Ken Otto (54yo)
Chief Development Officer & President of Family Dining Division
- Tenure: 4.8yrs
- Compensation: CA$724.48k
Frank Hennessey (55yo)
Chief Executive Officer
- Tenure: 1.2yrs
- Compensation: CA$4.64m
Grant Cobb (58yo)
Senior Vice President of Casual Dining Division
- Tenure: 10.8yrs
- Compensation: CA$459.41k
Bill Gregson (60yo)
Executive Chairman of the Board
- Compensation: CA$3.67m
Pierre Rivard
President of Groupe St-Hubert
- Tenure: 2.8yrs
- Compensation: CA$652.27k
Steve Pelton
Senior Vice President of Landing & Bier Markt
- Tenure: 4.0yrs
- Compensation: CA$283.16k
Julie Denton
Chief People Officer
- Tenure: 0.5yrs
Dave Lantz
VP, General Counsel & Secretary
Board Members
Steve Gunn (64yo)
Independent Director
- Tenure: 6.3yrs
- Compensation: CA$95.00k
Sean Regan (55yo)
Director
- Tenure: 4.3yrs
- Compensation: CA$85.00k
Christy Clark (53yo)
Director
- Tenure: 1.2yrs
- Compensation: CA$54.49k
Bill Gregson (60yo)
Executive Chairman of the Board
- Tenure: 4.3yrs
- Compensation: CA$3.67m
Michael Norris (66yo)
Independent Director
- Tenure: 7.5yrs
- Compensation: CA$85.00k
David Aisenstat
Vice Chairman
- Compensation: CA$16.25m
Paul Jeffery
Chairman Emeritus of Kelsey’s International Inc
John Rothschild (69yo)
Director
- Tenure: 5.8yrs
- Compensation: CA$85.00k
Chris Hodgson (57yo)
Independent Director
- Tenure: 4.3yrs
- Compensation: CA$85.00k
Company Information
Recipe Unlimited Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Recipe Unlimited Corporation
- Ticker: RECP
- Exchange: TSX
- Founded: 1883
- Industry: restaurants
- Sector: consumer services
- Market Cap: CA$1.655b
- Shares outstanding: 61.30m
- Website: Click here
Number of Employees
Location
- Recipe Unlimited Corporation
- 199 Four Valley Drive
- Vaughan
- Ontario
- L4K 0B8
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RECP | TSX (The Toronto Stock Exchange) | Yes | Subordinate Voting Shares | CA | CAD | Apr 2015 |
| 305 | DB (Deutsche Boerse AG) | Yes | Subordinate Voting Shares | DE | EUR | Apr 2015 |
Biography
Recipe Unlimited Corporation operates as a full-service restaurant company. The company operates through four segments: Corporate Restaurants, Franchise Restaurants, Retail and Catering, and Central Operat ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/07/21 00:55 |
| End of Day Share Price | 2019/07/19 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2018/12/30 |
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.