Pizza Pizza Royalty Corp. (TSE:PZA)
TSX:PZA
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$12.55 - C$16.73
Previous CloseN/A
Volume46.14K
Average Volume (3M)36.42K
Market Cap
C$510.31M
Enterprise ValueC$422.82M
Total Cash (Recent Filing)C$3.58M
Total Debt (Recent Filing)C$46.74M
Price to Earnings (P/E)16.6
Beta0.62
Next Earnings
May 12, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend Yield5.98%
Share Statistics
EPS (TTM)0.24
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.97
Revenue Forecast (FY)C$650.00M
Bulls Say, Bears Say
Bulls Say
Conservative Leverage And Stable Balance SheetDebt-to-equity near 0.16 and a stable equity base give the company durable financial flexibility and lower default risk. This conservative structure supports continued dividend funding and selective reinvestment even if system sales moderate, preserving runway for 2–6 months of execution.
High Cash Conversion (FCF ~ Net Income)Free cash flow matching net income indicates high earnings quality and reliable cash available for dividends and modest investments. Over the medium term this reduces refinancing dependence and supports distribution stability despite some year-to-year cash variability noted in the historical record.
Scalable Royalty Model And Network ExpansionA royalty-based, franchised model ties cash flows to system sales with low corporate capex needs. Continued net additions to the system and royalty pool expand the royalty base, giving durable revenue upside as same-store sales and unit growth compound over time with limited balance-sheet investment.
Bears Say
Payout Ratio Above Target And Reserve DrawdownRunning a payout above target and cutting the working-capital reserve reduces the cash buffer that cushions revenue volatility. With royalties tied to sales, a near-100% payout leaves limited ability to absorb continued transactional softness or invest opportunistically without rebuilding reserves or reducing distributions.
Higher Locked-in Financing CostsHigher all-in borrowing costs increase fixed financial expenses over the swap term, reducing free cash flow available for dividends or reinvestment. This structural increase in financing cost tightens margins at the royalty corporation level and reduces flexibility if system sales growth slows.
Intense Competition And Discounting PressureSustained discounting and promotional intensity depress transactions and average check growth, directly limiting royalty growth since royalties track system sales. Persistent competitive pressure can force higher marketing/promotional spend at franchisee and brand levels, constraining durable revenue momentum.
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$12.55 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$510.31M.
When is Pizza Pizza Royalty Corp.’s upcoming earnings report date?
Pizza Pizza Royalty Corp.’s upcoming earnings report date is May 12, 2026 which is in 36 days.
How were Pizza Pizza Royalty Corp.’s earnings last quarter?
Pizza Pizza Royalty Corp. released its earnings results on Mar 25, 2026. The company reported C$0.245 earnings per share for the quarter, beating the consensus estimate of C$0.24 by C$0.005.
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$0.245 in its last earnings report, beating expectations of C$0.24. Following the earnings report the stock price went down -6.6%.
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
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
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a balanced picture: operational resilience and modest growth (royalty income +2.3%, FY same-store gains, continued expansion, digital and marketing momentum) were offset by meaningful macro and cost pressures (weaker transactions, higher financing costs, payout ratio above target and reserve drawdown). Management emphasized disciplined growth and investments in digital/loyalty to drive frequency, but acknowledged ongoing headwinds and uncertainty.View all TSE:PZA earnings summariesTechnical Analysis
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Options Prices
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