Boston Pizza Fund (BPF.UN) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 6.39%
• Average Volume (3M): 31.48K
• Price to Earnings (P/E): 12.5
• Beta (1Y): 0.63
• Revenue Growth: 3.13%
• EPS Growth: 40.63%
• Country: CA
• Employees: 189
• Sector: Consumer Cyclical
• Sector Strength: 75
• Industry: Restaurants
• EPS (TTM): 0.67
• Shares Outstanding: 21,278,563
• 10 Day Avg. Volume: 19,051
• 30 Day Avg. Volume: 31,477
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: ―

Boston Pizza Fund demonstrates strong financial health, reflected in its solid income growth and efficient cash management. Despite a slight increase in debt, the balance sheet remains strong. The technical analysis suggests the stock may be consolidating, with no clear momentum trend. The valuation is reasonable, offering an attractive dividend yield, which supports its appeal to income investors.

Positive Factors

Stable Revenue Stream

The royalty-based revenue model provides a stable and predictable income stream, reducing volatility and enhancing financial stability.

Strong Cash Flow Management

Efficient cash flow management ensures liquidity and supports dividend payments, crucial for maintaining investor confidence and funding operations.

Consistent Revenue Growth

Consistent revenue growth indicates effective market positioning and resilience, supporting long-term business sustainability and expansion potential.

Negative Factors

Slight Increase in Debt

Increasing debt levels could pressure financial flexibility and increase interest expenses, potentially affecting future profitability and growth.

Limited Reinvestment in Growth

Limited reinvestment may hinder long-term growth and competitiveness, as the company may miss opportunities to expand or innovate.

Decreasing Net Profit Margin

A decreasing net profit margin could indicate rising costs or pricing pressure, potentially impacting future earnings and shareholder returns.

Boston Pizza Fund Business Overview & Revenue Model

Company Description

Boston Pizza Fund (BPF.UN) is an open-ended trust based in Canada, primarily engaged in the casual dining sector. The fund holds the trademarks and rights associated with the Boston Pizza brand, one of Canada's largest and most popular casual dining restaurant chains. Boston Pizza offers a diverse menu including pizza, pasta, burgers, and a variety of appetizers and desserts, catering to a wide range of customer tastes and preferences.

How the Company Makes Money

Boston Pizza Fund makes money primarily through the collection of royalty income from Boston Pizza International Inc. (BPI), which operates the Boston Pizza restaurants. The fund receives a percentage of the franchise revenues generated by the Boston Pizza restaurants in the royalty pool. This percentage is based on the top-line sales of these restaurants, providing the fund with a stable and predictable revenue stream. Additionally, the fund may benefit from any expansion of the restaurant chain, as new locations are added to the royalty pool, potentially increasing the fund's income. The fund's earnings are also influenced by factors such as overall economic conditions, consumer spending habits, and the performance of the restaurant industry in Canada.

Boston Pizza Fund Financial Statement Overview

Summary

Boston Pizza Fund exhibits solid financial health with consistent revenue and profit growth, strong equity base, and efficient cash flow management. The income statement, balance sheet, and cash flow scores reflect a well-managed company, though there is a slight increase in debt.

Income Statement

The income statement shows a strong performance with consistent revenue growth over the years. The gross profit margin is consistently high, indicating effective cost management. The net profit margin is solid, though it has slightly decreased from the previous year due to a lower EBIT. The company has shown resilience with increasing revenue despite industry challenges.

Balance Sheet

The balance sheet is stable with a favorable debt-to-equity ratio that suggests manageable leverage and a healthy equity base. However, there is a slight increase in total debt year-on-year. Return on Equity (ROE) is robust, demonstrating effective use of equity to generate profits. The equity ratio remains strong, indicating a solid capital structure.

Cash Flow

Cash flow analysis reflects strong operational cash flow, with a consistent increase in free cash flow over the years. The operating cash flow to net income ratio is healthy, indicating efficient conversion of earnings to cash. However, the lack of significant investing cash flow suggests limited reinvestment in growth initiatives.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	49.99M	49.51M	49.19M	45.47M	35.15M	32.64M
Gross Profit	49.84M	49.51M	48.91M	45.21M	35.15M	32.38M
EBITDA	49.33M	51.97M	47.30M	45.09M	50.23M	23.38M
Net Income	29.75M	31.87M	29.57M	30.58M	37.41M	9.57M
Balance Sheet
Total Assets	420.75M	422.89M	413.06M	413.70M	411.31M	390.80M
Cash, Cash Equivalents and Short-Term Investments	4.58M	4.57M	4.59M	5.21M	5.16M	7.70M
Total Debt	86.55M	97.06M	86.50M	86.44M	87.96M	91.58M
Total Liabilities	139.07M	142.66M	134.17M	133.12M	135.51M	133.90M
Stockholders Equity	281.68M	280.22M	278.89M	280.58M	275.80M	256.90M
Cash Flow
Free Cash Flow	36.35M	38.12M	37.93M	34.35M	29.18M	21.88M
Operating Cash Flow	36.35M	38.12M	37.93M	34.35M	30.48M	22.87M
Investing Cash Flow	0.00	0.00	0.00	0.00	-1.29M	-982.00K
Financing Cash Flow	-38.45M	-38.14M	-38.55M	-34.30M	-33.01M	-16.92M

Boston Pizza Fund Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 21.58
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BPF.UN, the sentiment is Positive. The current price of 21.58 is above the 20-day moving average (MA) of 21.45, above the 50-day MA of 20.31, and above the 200-day MA of 17.94, indicating a bullish trend. The MACD of 0.42 indicates Positive momentum. The RSI at 63.09 is Neutral, neither overbought nor oversold. The STOCH value of 53.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BPF.UN.

Boston Pizza Fund Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BPF.UN	74 Outperform		12.54	12.81%	6.39%	3.13%	40.63%
Sector *	61 Neutral	$17.83B	12.89	-1.60%	3.03%	1.39%	-14.45%
PZRIF	―	$378.10M	16.87	10.14%	5.84%	―	―
DII.A	―	C$43.29M	―	-279.33%	―	―	―
ICE	75 Outperform	C$55.68M	14.80	8.22%	3.29%	8.43%	―
GH	74 Outperform	C$239.89M	11.72	18.36%	5.00%	>-0.01%	2.61%
KEG.UN	67 Neutral		―		―	-0.02%	3.48%