Pizza Pizza Royalty Corp. (TSE:PZA)
TSX:PZA
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PZA Stock Chart & Stats
C$15.95
-C$0.13(-1.00%)
At close: 4:00 PM EST
C$15.95
-C$0.13(-1.00%)
Day’s Range― - ―
52-Week RangeC$12.50 - C$16.73
Previous CloseN/A
Volume46.14K
Average Volume (3M)36.42K
Market Cap
C$467.18M
Enterprise ValueC$359.28M
Total Cash (Recent Filing)C$2.39M
Total Debt (Recent Filing)C$46.77M
Price to Earnings (P/E)17.2
Beta0.63
Next Earnings
Aug 12, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend Yield5.98%
Share Statistics
EPS (TTM)0.93
Shares Outstanding24,618,393
10 Day Avg. Volume30,964
30 Day Avg. Volume36,420
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)1.73
Price to Sales (P/S)12.76
P/FCF Ratio16.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$12.00Price Target Upside-24.76% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.91
Revenue Forecast (FY)C$638.00M
Bulls Say, Bears Say
Bulls Say
Royalty Business ModelThe company's royalty-only model generates recurring, largely variable-margin revenue tied to system sales, requiring minimal capital expenditure and operating overhead. This structure offers durable cash flow scalability as the franchised network grows and limits operational execution risk over the next 2–6 months.
Conservative Balance SheetLow and stable leverage gives the company financial flexibility to sustain dividends, absorb short-term system sales volatility, and refinance the credit facility if needed. A resilient balance sheet reduces default risk and supports funding of modest growth or working-capital needs during cyclical softness.
Very High Reported Margins And Cash ConversionReported margins are exceptionally strong because royalties flow to the company with minimal direct cost, enabling solid reported profitability. Historically strong cash conversion (free cash flow roughly matching net income) supports shareholder returns and provides a buffer for temporary sales weakness.
Bears Say
Sharp Recent Top-line DeteriorationAn ~82% TTM revenue drop and volatile free cash flow materially threatens royalty receipts, which directly track franchised sales. Prolonged or recurring system-sales weakness would compress royalty income, strain cash available for dividends, and limit the company's ability to maintain payouts or invest in strategic initiatives.
Elevated Payout Ratio And Shrinking ReservesA payout ratio well above 100% with falling working-capital reserves signals dividend payout stress if royalty income remains soft. Persistent over-distribution can erode liquidity, increase reliance on the credit facility, and force dividend cuts or higher borrowing, undermining long-term shareholder returns and financial stability.
Revenue Concentration And Nontraditional WeaknessHeavy reliance on traditional-store sales concentrates risk; nontraditional sites (colleges, events) are exposed to policy and attendance shifts. Structural declines or localized foot-traffic disruptions can reduce pooled system sales, limiting diversification and making royalty revenue more sensitive to macro and demographic trends.
Pizza Pizza Royalty News
PZA FAQ
What was Pizza Pizza Royalty Corp.’s price range in the past 12 months?
Pizza Pizza Royalty Corp. lowest stock price was C$12.50 and its highest was C$16.73 in the past 12 months.
What is Pizza Pizza Royalty Corp.’s market cap?
Pizza Pizza Royalty Corp.’s market cap is C$467.18M.
When is Pizza Pizza Royalty Corp.’s upcoming earnings report date?
Pizza Pizza Royalty Corp.’s upcoming earnings report date is Aug 12, 2026 which is in 83 days.
How were Pizza Pizza Royalty Corp.’s earnings last quarter?
Pizza Pizza Royalty Corp. released its earnings results on May 01, 2026. The company reported C$0.216 earnings per share for the quarter, missing the consensus estimate of C$0.23 by -C$0.014.
Is Pizza Pizza Royalty Corp. overvalued?
According to Wall Street analysts Pizza Pizza Royalty Corp.’s price is currently Overvalued.
Does Pizza Pizza Royalty Corp. pay dividends?
Pizza Pizza Royalty Corp. pays a Monthly dividend of C$0.077 which represents an annual dividend yield of 5.98%. See more information on Pizza Pizza Royalty Corp. dividends here
What is Pizza Pizza Royalty Corp.’s EPS estimate?
Pizza Pizza Royalty Corp.’s EPS estimate is 0.23.
How many shares outstanding does Pizza Pizza Royalty Corp. have?
Pizza Pizza Royalty Corp. has 24,618,393 shares outstanding.
What happened to Pizza Pizza Royalty Corp.’s price movement after its last earnings report?
Pizza Pizza Royalty Corp. reported an EPS of C$0.216 in its last earnings report, missing expectations of C$0.23. Following the earnings report the stock price went down -11.558%.
Which hedge fund is a major shareholder of Pizza Pizza Royalty Corp.?
Currently, no hedge funds are holding shares in TSE:PZA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Pizza Pizza Royalty Stock Smart Score
Underperform
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Analyst Consensus
Hold
Average Price Target:
C$12.00 (-24.76% Downside)
C$12.00 (-24.76% Downside)
Blogger Sentiment
Bullish
TSE:PZA Sentiment 100%
Sector Average ―
Sector Average ―
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.27%
12-Months-Change
Fundamentals
Return on Equity
10.21%
Trailing 12-Months
Asset Growth
4.02%
Trailing 12-Months
Company Description
Pizza Pizza Royalty Corp.
Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick service restaurants under the Pizza Pizza and Pizza 73 brands in Canada. It also distributes food. As of December 31, 2021, the company had 727 restaurants in the royalty pool. Pizza Pizza Royalty Corp. was founded in 1967 and is headquartered in Toronto, Canada.
PZA Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Negative
The call highlighted meaningful progress on footprint expansion, product innovation (including immediate lift from a $5 walk-in deal), maintained dividends, and cost discipline. However, these positives were overshadowed by material top-line weakness: same-store sales down ~4.1%, system sales and royalty income down 3.5%, traffic and delivery softness, nontraditional site challenges, a high quarterly payout ratio of 134% and a draw on working capital, and rising borrowing costs. Given the combination of deteriorating sales metrics and balance-sheet/ payout pressures, the tone reflects concern about near-term performance despite strategic initiatives.View all TSE:PZA earnings summariesPZA Stock 12 Month Forecast
Average Price Target
C$12.00
▼(-24.76% Downside)
Technical Analysis
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Options Prices
Currently, No data available
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