Added to YB: 2026-04-08
Pitch date: 2026-04-06
MTY.TO [neutral]
MTY Food Group Inc.
-2.24%
current return
Author Info
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Company Info
MTY Food Group Inc., together with its subsidiaries, franchises and operates quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally.
Market Cap
CAD 887.4M
Pitch Price
CAD 39.17
Price Target
60.00 (+57%)
Dividend
N/A
EV/EBITDA
6.63
P/E
5.66
EV/Sales
1.64
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Q1-2026 Portfolio Update : +5% - MTY Food Group Inc.
MTY.TO (holding update): Strategic review since Nov 2025 w/ founder Ma (79, 13.6% stake) likely exiting after selling at C$54-63 in '23. Trading ~7x EBITDA (10yr low) despite stable ops (SSS -2%, flat profit). 3 bidders incl Serruya PE & Recipe (Fairfax), high bid C$60 (~8.5x EBITDA). +50% upside vs ~10% downside if process fails. FCF-generative franchisor fits 2025 M&A wave (Del Taco/Denny's/Potbelly). Deal expected Q2 2026.
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