Pizza Pizza Royalty Corp
TSX:PZA

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Pizza Pizza Royalty Corp
TSX:PZA
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Price: 15.25 CAD 0.33%
Market Cap: 375.5m CAD

Relative Value

The Relative Value of one PZA stock under the Base Case scenario is 34.21 CAD. Compared to the current market price of 15.25 CAD, Pizza Pizza Royalty Corp is Undervalued by 55%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

PZA Relative Value
Base Case
34.21 CAD
Undervaluation 55%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
11
vs Industry
7
Median 3Y
8.8
Median 5Y
8.3
Industry
1.4
Forward
0.6
vs History
15
vs Industry
47
Median 3Y
11.4
Median 5Y
11
Industry
19.8
Forward
15.3
vs History
14
vs Industry
34
Median 3Y
11.3
Median 5Y
10.7
Industry
10.1
vs History
17
vs Industry
37
Median 3Y
11.7
Median 5Y
11.2
Industry
19.5
vs History
4
vs Industry
58
Median 3Y
1.1
Median 5Y
1.1
Industry
2.1
vs History
14
vs Industry
9
Median 3Y
9.9
Median 5Y
9.6
Industry
1.9
Forward
0.6
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
3.9
vs History
14
vs Industry
46
Median 3Y
10.1
Median 5Y
9.7
Industry
11
Forward
10.3
vs History
14
vs Industry
55
Median 3Y
10.1
Median 5Y
9.7
Industry
17.1
vs History
17
vs Industry
41
Median 3Y
12.5
Median 5Y
12.2
Industry
12.5
vs History
17
vs Industry
45
Median 3Y
12.5
Median 5Y
12.2
Industry
17.7
vs History
3
vs Industry
57
Median 3Y
1
Median 5Y
0.9
Industry
1.3

Multiples Across Competitors

PZA Competitors Multiples
Pizza Pizza Royalty Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Pizza Pizza Royalty Corp
TSX:PZA
373.7m CAD 9.4 12.1 10.6 10.6
US
McDonald's Corp
NYSE:MCD
209.8B USD 8.2 25.7 17.9 21.1
US
Starbucks Corp
NASDAQ:SBUX
108.1B USD 3 34.6 19.5 26.9
US
Chipotle Mexican Grill Inc
NYSE:CMG
75.1B USD 6.6 48.2 31.7 37.2
UK
Compass Group PLC
LSE:CPG
42.6B GBP 1 29.1 13.8 18
US
Yum! Brands Inc
NYSE:YUM
42B USD 5.4 29.5 19.7 21.2
CA
Restaurant Brands International Inc
NYSE:QSR
30.6B USD 3.5 32.2 16.7 18.8
IN
Eternal Ltd
NSE:ETERNAL
2.4T INR 11.9 455.5 365.8 -1 031.1
CN
MIXUE Group
HKEX:2097
203.2B HKD 0 0 0 0
US
Darden Restaurants Inc
NYSE:DRI
25.3B USD 2.1 24.1 14.1 19.3
CN
Yum China Holdings Inc
NYSE:YUMC
17.6B USD 1.6 19.2 9.3 12.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Pizza Pizza Royalty Corp
TSX:PZA
Average EV/EBIT: 20.7
10.6
N/A N/A
US
McDonald's Corp
NYSE:MCD
21.1
7%
3
US
Starbucks Corp
NASDAQ:SBUX
26.9
5%
5.4
US
Chipotle Mexican Grill Inc
NYSE:CMG
37.2
14%
2.7
UK
Compass Group PLC
LSE:CPG
18
13%
1.4
US
Yum! Brands Inc
NYSE:YUM
21.2
8%
2.6
CA
Restaurant Brands International Inc
NYSE:QSR
18.8
8%
2.4
IN
Eternal Ltd
NSE:ETERNAL
Negative Multiple: -1 031.1 N/A N/A
CN
M
MIXUE Group
HKEX:2097
Not Available
17%
N/A
US
Darden Restaurants Inc
NYSE:DRI
19.3
6%
3.2
CN
Yum China Holdings Inc
NYSE:YUMC
12.8
10%
1.3