SIR Royalty Income Fund, through SIR Royalty Limited Partnership, owns SIR’s restaurants in Canada. More Details
Flawless balance sheet and fair value.
Share Price & News
How has Sir Royalty Income Fund's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SRV.UN's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SRV.UN underperformed the Canadian Hospitality industry which returned -28.5% over the past year.
Return vs Market: SRV.UN underperformed the Canadian Market which returned -7.8% over the past year.
Price Volatility Vs. Market
How volatile is Sir Royalty Income Fund's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall StIs Sir Royalty Income Fund (TSE:SRV.UN) A Financially Sound Company?
2 years ago | Simply Wall StShould You Be Tempted To Buy Sir Royalty Income Fund (TSE:SRV.UN) Because Of Its PE Ratio?
2 years ago | Simply Wall StIs Sir Royalty Income Fund (TSE:SRV.UN) Undervalued?
Is Sir Royalty Income Fund undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SRV.UN (CA$1.71) is trading below our estimate of fair value (CA$8.07)
Significantly Below Fair Value: SRV.UN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SRV.UN is unprofitable, so we can't compare its PE Ratio to the CA Hospitality industry average.
PE vs Market: SRV.UN is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SRV.UN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SRV.UN is good value based on its PB Ratio (0.2x) compared to the CA Hospitality industry average (1x).
How is Sir Royalty Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Sir Royalty Income Fund 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.
- Examine whether Sir Royalty Income Fund is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Sir Royalty Income Fund competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Services industry.
How has Sir Royalty Income Fund performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRV.UN is currently unprofitable.
Growing Profit Margin: SRV.UN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SRV.UN is unprofitable, and losses have increased over the past 5 years at a rate of 27.6% per year.
Accelerating Growth: Unable to compare SRV.UN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SRV.UN is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-6.7%).
Return on Equity
High ROE: SRV.UN has a negative Return on Equity (-49.76%), as it is currently unprofitable.
How is Sir Royalty Income Fund's financial position?
Financial Position Analysis
Short Term Liabilities: SRV.UN's short term assets (CA$4.5M) exceed its short term liabilities (CA$3.7M).
Long Term Liabilities: SRV.UN's short term assets (CA$4.5M) exceed its long term liabilities (CA$2.0M).
Debt to Equity History and Analysis
Debt Level: SRV.UN is debt free.
Reducing Debt: SRV.UN has not had any debt for past 5 years.
Debt Coverage: SRV.UN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SRV.UN has no debt, therefore coverage of interest payments is not a concern.
What is Sir Royalty Income Fund current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SRV.UN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SRV.UN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SRV.UN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SRV.UN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SRV.UN is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SRV.UN's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Peter Fowler has been the Chief Executive Officer of SIR Corp. since 2004 and served as its President since January 3, 2012. Mr. Fowler serves as the Chief Executive Officer and President of SIR GP Inc ...
|Trustee & CEO of SIR Corp||no data||no data||0.38% |
|Independent Trustee||16.08yrs||CA$33.75k||0.060% |
|Independent Trustee||16.08yrs||CA$32.75k||0.11% |
|Chairman of SIR Corp||22.67yrs||no data||no data|
|Independent Chairman of the Board of Trustees||no data||CA$33.75k||no data|
|6.42yrs||no data||0.067% |
Experienced Board: SRV.UN's board of directors are seasoned and experienced ( 16.1 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sir Royalty Income Fund's company bio, employee growth, exchange listings and data sources
- Name: Sir Royalty Income Fund
- Ticker: SRV.UN
- Exchange: TSX
- Founded: 2004
- Industry: Restaurants
- Sector: Consumer Services
- Implied Market Cap: CA$17.432m
- Market Cap: CA$14.322m
- Shares outstanding: 10.19m
- Website: https://www.sircorp.com/sir-royalty-income-fund
- Sir Royalty Income Fund
- 5360 South Service Road
- Suite 200
- L7L 5L1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SRV.UN||TSX (The Toronto Stock Exchange)||Yes||Fund Units||CA||CAD||Oct 2004|
|SIRZ.F||OTCPK (Pink Sheets LLC)||Yes||Fund Units||US||USD||Oct 2004|
SIR Royalty Income Fund, through SIR Royalty Limited Partnership, owns SIR’s restaurants in Canada. The company operates concept restaurants under the Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/21 05:33|
|End of Day Share Price||2020/09/18 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.