Financials Boston Pizza Royalties Income Fund

Equities

BPF.UN

CA1010841015

Restaurants & Bars

Market Closed - Toronto S.E. 03:59:37 2024-04-26 pm EDT 5-day change 1st Jan Change
15.82 CAD +0.64% Intraday chart for Boston Pizza Royalties Income Fund +0.57% +3.20%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 293.3 233.1 332.5 324.5 326.2 336.6 -
Enterprise Value (EV) 1 412.2 345.2 453.1 442.4 326.2 413.3 406
P/E ratio 13.1 x 63.7 x 8.88 x 11.5 x 11.4 x 10 x 9.42 x
Yield - - - - - - -
Capitalization / Revenue 6.45 x 7.11 x 9.46 x 7.14 x 6.63 x 6.73 x 6.54 x
EV / Revenue 9.07 x 10.5 x 12.9 x 9.73 x 6.63 x 8.27 x 7.88 x
EV / EBITDA 9.34 x 11 x 13.4 x 10 x 6.84 x 8.5 x 8.1 x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book - - - - - - -
Nbr of stocks (in thousands) 21,788 21,521 21,521 21,521 21,279 21,279 -
Reference price 2 13.46 10.83 15.45 15.08 15.33 15.82 15.82
Announcement Date 2/13/20 2/10/21 2/9/22 2/9/23 2/14/24 - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 45.44 32.79 35.15 45.47 49.19 50 51.5
EBITDA 1 44.15 31.35 33.86 44.08 47.7 48.6 50.1
EBIT - - - - - - -
Operating Margin - - - - - - -
Earnings before Tax (EBT) - - - - - - -
Net income 1 22.5 9.57 37.41 30.58 29.57 33.6 35.7
Net margin 49.53% 29.19% 106.41% 67.26% 60.1% 67.2% 69.32%
EPS 2 1.030 0.1700 1.740 1.310 1.340 1.580 1.680
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share - - - - - - -
Announcement Date 2/13/20 2/10/21 2/9/22 2/9/23 2/14/24 - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 1 11.36 - - 12.22 12.08 11.92 - 12.76 12.1 11.9
EBITDA 1 11.02 - - 11.89 11.71 11.53 - 12.41 11.75 11.6
EBIT - - - - - - - - - -
Operating Margin - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - -
Net income 1 5.443 12.9 - 9.502 6.406 6.669 12.79 4.894 5.217 8
Net margin 47.93% - - 77.75% 53.05% 55.96% - 38.35% 43.12% 67.23%
EPS 2 0.1300 0.6000 -0.2000 0.4100 0.5000 0.2400 0.5900 0.2300 0.2400 0.3800
Dividend per Share - - - - - - - - - -
Announcement Date 11/11/21 5/11/22 8/5/22 11/10/22 2/9/23 5/10/23 8/4/23 11/9/23 2/14/24 -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 119 112 121 118 - 76.7 69.4
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) 2.693 x 3.578 x 3.564 x 2.674 x - 1.578 x 1.385 x
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - - - - - - -
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share - - - - - - -
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 2/13/20 2/10/21 2/9/22 2/9/23 2/14/24 - -
1CAD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
15.82 CAD
Average target price
19 CAD
Spread / Average Target
+20.10%
Consensus
  1. Stock Market
  2. Equities
  3. BPF.UN Stock
  4. Financials Boston Pizza Royalties Income Fund