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BOSTON PIZZA ROYALTIES-UNITS (BPF-UN.CA) Stock Overview

Canada - TSX:BPF-UN - CA1010841015

21.28 CAD
-0.03 (-0.14%)
Last: 10/24/2025, 7:00:00 PM
Fundamental Rating

7

Overall BPF-UN gets a fundamental rating of 7 out of 10. We evaluated BPF-UN against 17 industry peers in the Hotels, Restaurants & Leisure industry. BPF-UN scores excellent points on both the profitability and health parts. This is a solid base for a good stock. BPF-UN has a decent growth rate and is not valued too expensively. Finally BPF-UN also has an excellent dividend rating. These ratings could make BPF-UN a good candidate for dividend and quality investing.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

BPF-UN had positive earnings in the past year.
BPF-UN had a positive operating cash flow in the past year.
In the past 5 years BPF-UN has always been profitable.
BPF-UN had a positive operating cash flow in each of the past 5 years.
BPF-UN.CA Yearly Net Income VS EBIT VS OCF VS FCFBPF-UN.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

1.2 Ratios

The Return On Assets of BPF-UN (8.40%) is better than 88.24% of its industry peers.
Looking at the Return On Equity, with a value of 12.68%, BPF-UN belongs to the top of the industry, outperforming 82.35% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 8.52%, BPF-UN belongs to the top of the industry, outperforming 94.12% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BPF-UN is in line with the industry average of 6.54%.
The last Return On Invested Capital (8.52%) for BPF-UN is above the 3 year average (8.39%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 8.4%
ROE 12.68%
ROIC 8.52%
ROA(3y)7.36%
ROA(5y)6.73%
ROE(3y)10.96%
ROE(5y)10.03%
ROIC(3y)8.39%
ROIC(5y)7.79%
BPF-UN.CA Yearly ROA, ROE, ROICBPF-UN.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10

1.3 Margins

The Profit Margin of BPF-UN (72.08%) is better than 94.12% of its industry peers.
In the last couple of years the Profit Margin of BPF-UN has grown nicely.
BPF-UN's Operating Margin of 96.85% is amongst the best of the industry. BPF-UN outperforms 94.12% of its industry peers.
BPF-UN's Operating Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 96.85%
PM (TTM) 72.08%
GM N/A
OM growth 3Y0.08%
OM growth 5Y-0.15%
PM growth 3Y-15.42%
PM growth 5Y5.37%
GM growth 3YN/A
GM growth 5YN/A
BPF-UN.CA Yearly Profit, Operating, Gross MarginsBPF-UN.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80 100

7

2. Health

2.1 Basic Checks

The number of shares outstanding for BPF-UN remains at a similar level compared to 1 year ago.
Compared to 5 years ago, BPF-UN has less shares outstanding
BPF-UN has a better debt/assets ratio than last year.
BPF-UN.CA Yearly Shares OutstandingBPF-UN.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
BPF-UN.CA Yearly Total Debt VS Total AssetsBPF-UN.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

2.2 Solvency

BPF-UN has an Altman-Z score of 2.22. This is not the best score and indicates that BPF-UN is in the grey zone with still only limited risk for bankruptcy at the moment.
BPF-UN has a better Altman-Z score (2.22) than 70.59% of its industry peers.
The Debt to FCF ratio of BPF-UN is 1.46, which is an excellent value as it means it would take BPF-UN, only 1.46 years of fcf income to pay off all of its debts.
BPF-UN's Debt to FCF ratio of 1.46 is amongst the best of the industry. BPF-UN outperforms 82.35% of its industry peers.
BPF-UN has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
BPF-UN has a Debt to Equity ratio of 0.30. This is in the better half of the industry: BPF-UN outperforms 64.71% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.3
Debt/FCF 1.46
Altman-Z 2.22
ROIC/WACCN/A
WACCN/A
BPF-UN.CA Yearly LT Debt VS Equity VS FCFBPF-UN.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

2.3 Liquidity

A Current Ratio of 0.83 indicates that BPF-UN may have some problems paying its short term obligations.
BPF-UN's Current ratio of 0.83 is in line compared to the rest of the industry. BPF-UN outperforms 47.06% of its industry peers.
A Quick Ratio of 0.83 indicates that BPF-UN may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.83, BPF-UN is in line with its industry, outperforming 47.06% of the companies in the same industry.
The current and quick ratio evaluation for BPF-UN is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 0.83
Quick Ratio 0.83
BPF-UN.CA Yearly Current Assets VS Current LiabilitesBPF-UN.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

5

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 40.62% over the past year.
The Earnings Per Share has been growing slightly by 4.75% on average over the past years.
Looking at the last year, BPF-UN shows a small growth in Revenue. The Revenue has grown by 3.13% in the last year.
Measured over the past years, BPF-UN shows a small growth in Revenue. The Revenue has been growing by 1.75% on average per year.
EPS 1Y (TTM)40.62%
EPS 3Y-4.89%
EPS 5Y4.75%
EPS Q2Q%103.03%
Revenue 1Y (TTM)3.13%
Revenue growth 3Y12.09%
Revenue growth 5Y1.75%
Sales Q2Q%6.32%

3.2 Future

The Earnings Per Share is expected to grow by 10.26% on average over the next years. This is quite good.
Based on estimates for the next years, BPF-UN will show a small growth in Revenue. The Revenue will grow by 3.10% on average per year.
EPS Next Y8.5%
EPS Next 2Y10.26%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.46%
Revenue Next 2Y3.1%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
BPF-UN.CA Yearly Revenue VS EstimatesBPF-UN.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 10M 20M 30M 40M 50M
BPF-UN.CA Yearly EPS VS EstimatesBPF-UN.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 0.5 1 1.5

6

4. Valuation

4.1 Price/Earnings Ratio

BPF-UN is valuated correctly with a Price/Earnings ratio of 14.28.
Based on the Price/Earnings ratio, BPF-UN is valued a bit cheaper than 76.47% of the companies in the same industry.
BPF-UN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.89.
The Price/Forward Earnings ratio is 11.33, which indicates a very decent valuation of BPF-UN.
Based on the Price/Forward Earnings ratio, BPF-UN is valued cheaply inside the industry as 88.24% of the companies are valued more expensively.
BPF-UN is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 14.28
Fwd PE 11.33
BPF-UN.CA Price Earnings VS Forward Price EarningsBPF-UN.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Compared to the rest of the industry, the Price/Free Cash Flow ratio of BPF-UN indicates a rather cheap valuation: BPF-UN is cheaper than 94.12% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 7.66
EV/EBITDA N/A
BPF-UN.CA Per share dataBPF-UN.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of BPF-UN may justify a higher PE ratio.
PEG (NY)1.68
PEG (5Y)3.01
EPS Next 2Y10.26%
EPS Next 3YN/A

7

5. Dividend

5.1 Amount

BPF-UN has a Yearly Dividend Yield of 7.82%, which is a nice return.
Compared to an average industry Dividend Yield of 4.30, BPF-UN pays a better dividend. On top of this BPF-UN pays more dividend than 100.00% of the companies listed in the same industry.
BPF-UN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
Industry RankSector Rank
Dividend Yield 7.82%

5.2 History

The dividend of BPF-UN has a limited annual growth rate of 0.68%.
BPF-UN has paid a dividend for at least 10 years, which is a reliable track record.
BPF-UN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.68%
Div Incr Years4
Div Non Decr Years4
BPF-UN.CA Yearly Dividends per shareBPF-UN.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1

5.3 Sustainability

BPF-UN pays out 84.00% of its income as dividend. This is not a sustainable payout ratio.
BPF-UN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP84%
EPS Next 2Y10.26%
EPS Next 3YN/A
BPF-UN.CA Yearly Income VS Free CF VS DividendBPF-UN.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
BPF-UN.CA Dividend Payout.BPF-UN.CA Dividend Payout, showing the Payout Ratio.BPF-UN.CA Dividend Payout.PayoutRetained Earnings

BOSTON PIZZA ROYALTIES-UNITS

TSX:BPF-UN (10/24/2025, 7:00:00 PM)

21.28

-0.03 (-0.14%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)08-14 2025-08-14/bmo
Earnings (Next)11-05 2025-11-05
Inst Owners2.64%
Inst Owner ChangeN/A
Ins Owners0.13%
Ins Owner ChangeN/A
Market Cap452.84M
Revenue(TTM)50.78M
Net Income(TTM)36.61M
Analysts80
Price Target23.46 (10.24%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 7.82%
Yearly Dividend1.43
Dividend Growth(5Y)0.68%
DP84%
Div Incr Years4
Div Non Decr Years4
Ex-Date10-21 2025-10-21 (0.12)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)16.3%
Min EPS beat(2)-46.69%
Max EPS beat(2)79.29%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.18%
Min Revenue beat(2)-1.93%
Max Revenue beat(2)4.3%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)21.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)5.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.58%
Valuation
Industry RankSector Rank
PE 14.28
Fwd PE 11.33
P/S 8.92
P/FCF 7.66
P/OCF 7.66
P/B 1.57
P/tB 101.42
EV/EBITDA N/A
EPS(TTM)1.49
EY7%
EPS(NY)1.88
Fwd EY8.83%
FCF(TTM)2.78
FCFY13.06%
OCF(TTM)2.78
OCFY13.06%
SpS2.39
BVpS13.56
TBVpS0.21
PEG (NY)1.68
PEG (5Y)3.01
Graham Number21.32
Profitability
Industry RankSector Rank
ROA 8.4%
ROE 12.68%
ROCE 11.62%
ROIC 8.52%
ROICexc 8.63%
ROICexgc 26.97%
OM 96.85%
PM (TTM) 72.08%
GM N/A
FCFM 116.42%
ROA(3y)7.36%
ROA(5y)6.73%
ROE(3y)10.96%
ROE(5y)10.03%
ROIC(3y)8.39%
ROIC(5y)7.79%
ROICexc(3y)8.49%
ROICexc(5y)7.9%
ROICexgc(3y)29.02%
ROICexgc(5y)38.7%
ROCE(3y)11.44%
ROCE(5y)10.63%
ROICexgc growth 3Y-28.59%
ROICexgc growth 5Y-29.64%
ROICexc growth 3Y3.25%
ROICexc growth 5Y-4.09%
OM growth 3Y0.08%
OM growth 5Y-0.15%
PM growth 3Y-15.42%
PM growth 5Y5.37%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.12
Health
Industry RankSector Rank
Debt/Equity 0.3
Debt/FCF 1.46
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 15.15
Cash Conversion N/A
Profit Quality 161.52%
Current Ratio 0.83
Quick Ratio 0.83
Altman-Z 2.22
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)120.07%
Profit Quality(5y)136.13%
High Growth Momentum
Growth
EPS 1Y (TTM)40.62%
EPS 3Y-4.89%
EPS 5Y4.75%
EPS Q2Q%103.03%
EPS Next Y8.5%
EPS Next 2Y10.26%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.13%
Revenue growth 3Y12.09%
Revenue growth 5Y1.75%
Sales Q2Q%6.32%
Revenue Next Year4.46%
Revenue Next 2Y3.1%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y3.3%
EBIT growth 3Y12.18%
EBIT growth 5Y1.6%
EBIT Next Year5.45%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y57.4%
FCF growth 3Y7.75%
FCF growth 5Y1.37%
OCF growth 1Y57.4%
OCF growth 3Y7.75%
OCF growth 5Y1.37%

BOSTON PIZZA ROYALTIES-UNITS / BPF-UN.CA FAQ

What does BOSTON PIZZA ROYALTIES-UNITS do?

Boston Pizza Royalties Income Fund is a CA-based company operating in Hotels, Restaurants & Leisure industry. The company is headquartered in Richmond British Columbia, British Columbia. The company went IPO on 2002-07-17. Boston Pizza Royalties Income Fund (the Fund) is a Canada-based open-ended trust. The Fund operates through its subsidiaries, Boston Pizza Holdings Trust, Boston Pizza Holdings GP Inc. and Boston Pizza Holdings Limited Partnership, its 80% owned subsidiary Boston Pizza GP Inc. (BPGP), and Boston Pizza Royalties Limited Partnership. BPGP is the managing general partner of Royalties LP. The Fund indirectly, through Royalties LP, acquire the trademarks and trade names owned by Boston Pizza International Inc. (BPI), including 'Boston Pizza' and other similar related items, logos and designs (collectively, the BP Rights) used in connection with the operation of Boston Pizza restaurants in Canada. The firm operates approximately 372 Boston Pizza Restaurants in the Royalty Pool, of which approximately 370 were operating and open for business to the public.


What is the current price of BPF-UN stock?

The current stock price of BPF-UN.CA is 21.28 CAD. The price decreased by -0.14% in the last trading session.


What is the ChartMill technical and fundamental rating of BPF-UN stock?

BPF-UN.CA has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 7 out of 10.