Restaurant Brands New Zealand Limited, together with its subsidiaries, operates quick service and takeaway restaurants in New Zealand, Australia, Hawaii, Saipan, and Guam.
High growth potential with mediocre balance sheet.
Share Price & News
How has Restaurant Brands New Zealand's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RBD's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: RBD exceeded the NZ Hospitality industry which returned -19.7% over the past year.
Return vs Market: RBD exceeded the NZ Market which returned 4% over the past year.
Price Volatility Vs. Market
How volatile is Restaurant Brands New Zealand's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StWhy We Like Restaurant Brands New Zealand Limited’s (NZSE:RBD) 17% Return On Capital Employed
1 year ago | Simply Wall StIs Restaurant Brands New Zealand Limited's (NZSE:RBD) 17% Better Than Average?
1 year ago | Simply Wall StDid Restaurant Brands New Zealand Limited's (NZSE:RBD) Recent Earnings Growth Beat The Trend?
Is Restaurant Brands New Zealand 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: RBD (NZ$12.65) is trading below our estimate of fair value (NZ$14.39)
Significantly Below Fair Value: RBD is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: RBD is poor value based on its PE Ratio (43.7x) compared to the Hospitality industry average (20.7x).
PE vs Market: RBD is poor value based on its PE Ratio (43.7x) compared to the NZ market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: RBD is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: RBD is overvalued based on its PB Ratio (7.6x) compared to the NZ Hospitality industry average (1.2x).
How is Restaurant Brands New Zealand forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RBD's forecast earnings growth (35.5% per year) is above the savings rate (2.6%).
Earnings vs Market: RBD's earnings (35.5% per year) are forecast to grow faster than the NZ market (5.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RBD's revenue (10.5% per year) is forecast to grow faster than the NZ market (5% per year).
High Growth Revenue: RBD's revenue (10.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RBD's Return on Equity is forecast to be high in 3 years time (27.7%)
How has Restaurant Brands New Zealand performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RBD has high quality earnings.
Growing Profit Margin: RBD's current net profit margins (4.1%) are lower than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: RBD's earnings have grown by 10.9% per year over the past 5 years.
Accelerating Growth: RBD's earnings growth over the past year (0.1%) is below its 5-year average (10.9% per year).
Earnings vs Industry: RBD earnings growth over the past year (0.1%) underperformed the Hospitality industry 0.6%.
Return on Equity
High ROE: RBD's Return on Equity (17.4%) is considered low.
How is Restaurant Brands New Zealand's financial position?
Financial Position Analysis
Short Term Liabilities: RBD's short term assets (NZ$61.5M) do not cover its short term liabilities (NZ$206.6M).
Long Term Liabilities: RBD's short term assets (NZ$61.5M) do not cover its long term liabilities (NZ$465.3M).
Debt to Equity History and Analysis
Debt Level: RBD's debt to equity ratio (75.3%) is considered high.
Reducing Debt: RBD had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: RBD's debt is well covered by operating cash flow (67.2%).
Interest Coverage: RBD's interest payments on its debt are well covered by EBIT (3.1x coverage).
What is Restaurant Brands New Zealand's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RBD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RBD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RBD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RBD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RBD is not paying a notable dividend for the NZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RBD's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Russel Creedy has been Group Chief Executive Officer of Restaurant Brands New Zealand Ltd. since September 2007 and served as its Commercial Services Director. Mr. Creedy served as an Acting Chief Exec ...
CEO Compensation Analysis
Compensation vs Market: Russel's total compensation ($USD608.19K) is about average for companies of similar size in the NZ market ($USD669.48K).
Compensation vs Earnings: Russel's compensation has been consistent with company performance over the past year.
|Group Chief Executive Officer||12.75yrs||NZ$957.53k||0.085% NZ$1.4m|
|Group CFO & Company Secretary||23yrs||no data||0.029% NZ$463.8k|
|Group COO & CEO - NZ||1.58yrs||no data||no data|
|Chief Information Officer||0.58yr||no data||no data|
|Group Chief People Officer||4.5yrs||no data||no data|
|Chief Marketing Officer of New Zealand Division||1.25yrs||no data||no data|
|New Zealand Chief Financial Officer||3.25yrs||no data||no data|
|Chief Financial Officer of Hawaiian Operations||3.25yrs||no data||no data|
|Chief Financial Officer of Australian Division||2.42yrs||no data||no data|
|Chief Executive Officer of Australian Division||2.42yrs||no data||no data|
Experienced Management: RBD's management team is considered experienced (2.8 years average tenure).
|Non-Executive Director||0.92yr||no data||no data|
|Non-Executive Director||0.92yr||NZ$36.00k||no data|
|Independent Non-Executive Director||0.92yr||NZ$43.00k||no data|
|Independent Non-Executive Director||0.92yr||NZ$43.00k||no data|
|Independent Non-Executive Director||1.17yrs||NZ$68.00k||no data|
Experienced Board: RBD's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Restaurant Brands New Zealand Limited's company bio, employee growth, exchange listings and data sources
- Name: Restaurant Brands New Zealand Limited
- Ticker: RBD
- Exchange: NZSE
- Founded: 1997
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: NZ$1.603b
- Shares outstanding: 124.76m
- Website: https://www.restaurantbrands.co.nz
Number of Employees
- Restaurant Brands New Zealand Limited
- Building 7
- Level 3, Central Park
- New Zealand
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RTBR.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 1997|
|RBD||NZSE (New Zealand Stock Exchange)||Yes||Ordinary Shares||NZ||NZD||Jun 1997|
|RBD||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jun 1997|
Restaurant Brands New Zealand Limited, together with its subsidiaries, operates quick service and takeaway restaurants in New Zealand, Australia, Hawaii, Saipan, and Guam. The company operates the KFC, Pizza Hut, and Carl’s Jr. brands in New Zealand; the KFC brand in Australia; and the Taco Bell and Pizza Hut brands in Hawaii, Guam, and Saipan. As of March 6, 2019, it operated 94 KFC New Zealand stores; 98 Pizza Hut New Zealand stores, including 68 Pizza Hut stores operated by independent franchisees; 18 Carl's Jr. stores; 61 KFC Australia stores; 36 Taco Bell Hawaii stores; and 44 Pizza Hut Hawaii stores. Restaurant Brands New Zealand Limited was founded in 1997 and is based in Auckland, New Zealand.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/03 10:32|
|End of Day Share Price||2020/06/03 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.