Pizza Pizza Royalty Corp
TSX:PZA

Watchlist Manager
Pizza Pizza Royalty Corp Logo
Pizza Pizza Royalty Corp
TSX:PZA
Watchlist
Price: 14.94 CAD 0.13% Market Closed
Market Cap: 367.8m CAD

Relative Value

The Relative Value of one PZA stock under the Base Case scenario is 35.02 CAD. Compared to the current market price of 14.94 CAD, Pizza Pizza Royalty Corp is Undervalued by 57%.

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
35.02 CAD
Undervaluation 57%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
15
vs Industry
7
Median 3Y
8.8
Median 5Y
8.3
Industry
1.4
Forward
0.6
vs History
20
vs Industry
47
Median 3Y
11.4
Median 5Y
11
Industry
19.2
Forward
15.1
vs History
17
vs Industry
34
Median 3Y
11.3
Median 5Y
10.7
Industry
9.8
vs History
25
vs Industry
37
Median 3Y
11.7
Median 5Y
11.1
Industry
18.8
vs History
7
vs Industry
58
Median 3Y
1.1
Median 5Y
1.1
Industry
2.1
vs History
15
vs Industry
9
Median 3Y
9.9
Median 5Y
9.5
Industry
1.9
Forward
0.6
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
3.8
vs History
15
vs Industry
46
Median 3Y
10.1
Median 5Y
9.7
Industry
10.8
Forward
10.1
vs History
15
vs Industry
55
Median 3Y
10.1
Median 5Y
9.7
Industry
16.6
vs History
23
vs Industry
41
Median 3Y
12.5
Median 5Y
12.2
Industry
12.2
vs History
23
vs Industry
45
Median 3Y
12.5
Median 5Y
12.2
Industry
17.4
vs History
7
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
367.8m CAD 9.2 11.9 10.4 10.4
US
McDonald's Corp
NYSE:MCD
205.6B USD 8 25.2 17.6 20.8
US
Starbucks Corp
NASDAQ:SBUX
105.8B USD 2.9 33.8 19.1 26.4
US
Chipotle Mexican Grill Inc
NYSE:CMG
71.2B USD 6.2 45.6 30.1 35.2
UK
Compass Group PLC
LSE:CPG
42.2B GBP 1 28.9 13.7 17.8
US
Yum! Brands Inc
NYSE:YUM
38.7B USD 5 27.1 18.5 19.8
CA
Restaurant Brands International Inc
NYSE:QSR
30B USD 3.4 31.6 16.5 18.6
IN
Eternal Ltd
NSE:ETERNAL
2.3T INR 11.4 436.1 349.8 -986
US
Darden Restaurants Inc
NYSE:DRI
26.4B USD 2.2 25.1 15.1 20.6
CN
MIXUE Group
HKEX:2097
197.4B HKD 0 0 0 0
CN
Yum China Holdings Inc
NYSE:YUMC
16.1B USD 1.4 17.5 8.4 11.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Pizza Pizza Royalty Corp
TSX:PZA
Average EV/EBITDA: 49.9
10.4
3%
3.5
US
McDonald's Corp
NYSE:MCD
17.6
6%
2.9
US
Starbucks Corp
NASDAQ:SBUX
19.1
5%
3.8
US
Chipotle Mexican Grill Inc
NYSE:CMG
30.1
13%
2.3
UK
Compass Group PLC
LSE:CPG
13.7
16%
0.9
US
Yum! Brands Inc
NYSE:YUM
18.5
8%
2.3
CA
Restaurant Brands International Inc
NYSE:QSR
16.5
9%
1.8
IN
Eternal Ltd
NSE:ETERNAL
349.8
113%
3.1
US
Darden Restaurants Inc
NYSE:DRI
15.1
9%
1.7
CN
M
MIXUE Group
HKEX:2097
Not Available
18%
N/A
CN
Yum China Holdings Inc
NYSE:YUMC
8.4
10%
0.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Pizza Pizza Royalty Corp
TSX:PZA
Average EV/EBIT: 20.1
10.4
N/A N/A
US
McDonald's Corp
NYSE:MCD
20.8
7%
3
US
Starbucks Corp
NASDAQ:SBUX
26.4
5%
5.3
US
Chipotle Mexican Grill Inc
NYSE:CMG
35.2
14%
2.5
UK
Compass Group PLC
LSE:CPG
17.8
13%
1.4
US
Yum! Brands Inc
NYSE:YUM
19.8
8%
2.5
CA
Restaurant Brands International Inc
NYSE:QSR
18.6
8%
2.3
IN
Eternal Ltd
NSE:ETERNAL
Negative Multiple: -986 N/A N/A
US
Darden Restaurants Inc
NYSE:DRI
20.6
8%
2.6
CN
M
MIXUE Group
HKEX:2097
Not Available
17%
N/A
CN
Yum China Holdings Inc
NYSE:YUMC
11.6
10%
1.2