2024-07-11 00:56:23 ET
Summary
- Pizza Pizza Royalty offers a compelling investment opportunity with a strong royalty model, consistent growth, and attractive valuations.
- The company's track record includes consistent restaurant count growth, dividend increases, and plans for international expansion in Mexico.
- Despite a weak consumer environment, Pizza Pizza has shown strong results with positive same-store sales growth and successful menu innovations.
- Trading close to 52-week lows, I find the valuation compelling relative to its historical average multiples as well as its peer group.
Introduction
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For further details see:
Pizza Pizza: A Mouthwatering 7% Yielder With Growing Distributions