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MTY Food Group Inc
Previous close
$51.41
Day range
$50.38 - $51.75
Year range
$40.45 - $59.80
Market cap
1.20B CAD
Avg Volume
38.50K
P/E ratio
12.90
Dividend yield
2.57%
Primary exchange
TSE
In the news
Financials
Income Statement
Revenue
Net income
(CAD) | Aug 2024info | Y/Y change |
---|---|---|
Revenue | 292.75M | -1.79% |
Operating expense | 22.96M | -0.66% |
Net income | 34.89M | -10.30% |
Net profit margin | 11.92 | -8.66% |
Earnings per share | 1.58 | -1.07% |
EBITDA | 71.90M | -1.42% |
Effective tax rate | 7.42% | — |
Balance Sheet
Total assets
Total liabilities
(CAD) | Aug 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 51.76M | -10.17% |
Total assets | 2.59B | -3.61% |
Total liabilities | 1.75B | -6.94% |
Total equity | 836.08M | — |
Shares outstanding | 23.60M | — |
Price to book | 1.45 | — |
Return on assets | 4.68% | — |
Return on capital | 5.96% | — |
Cash Flow
Net change in cash
(CAD) | Aug 2024info | Y/Y change |
---|---|---|
Net income | 34.89M | -10.30% |
Cash from operations | 66.36M | 28.86% |
Cash from investing | -9.09M | 3.70% |
Cash from financing | -56.11M | -28.53% |
Net change in cash | -1.26M | 44.59% |
Free cash flow | 45.68M | 70.85% |
About
MTY Food Group Inc. is a Canadian franchisor and operator of numerous casual dining, fast casual, and quick service restaurants operating under more than 70 brand names, some of them through wholly owned subsidiaries. Headquartered in the Montreal borough of Saint-Laurent, Quebec, the number of outlets carrying MTY brands reached 5,500 in 2017. Stanley Ma is the group founder, President and CEO. Some of MTY Food Group's brands include Thaï Express, Country Style, Groupe Valentine, Vanelli's, Extreme Pita, Taco Time, Yogen Früz, and the Canadian branch of TCBY.
Since opening the first Tiki Ming restaurant in 1984, MTY launched ten brands and acquired more than twenty others. Four of the restaurant chains—Vanelli's, Caferama, Sukiyaki, and La Cremiere—also operate in the Middle East. There used to be a computer and technology division named Gold Tech Computer Systems Ltd., but it was spun off in 2003, renaming itself MTY Food Group Inc.
In 2017, most of its restaurants were located in shopping malls and cinema food courts with others located in convenience stores. But by 2019, only 22 percent of its stores were in food courts. Wikipedia
Founded
1979
Headquarters
Website
Employees
7,326