Added to YB: 2026-08-26
Pitch date: 2026-08-18
MTY.TO [neutral]
MTY Food Group Inc.
+6.03%
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 818.9M
Pitch Price
CAD 34.35
Price Target
56.00 (+54%)
Dividend
4.13%
EV/EBITDA
7.02
P/E
7.29
EV/Sales
1.60
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Monthly SpreadHunters Monitoring - MTY Food Group Inc.
MTY.TO (earnings): Q2'26 adj EPS C$0.67 vs C$1.11 est (big miss); rev C$279.9M (-8.2%) below C$290.4M—Q1 beat had been flattered by non-recurring FX gain now absent. SSS still negative on macro; closing 68 corporate stores (45-50 Papa Murphy's). But FCF after leases +80.7% to C$32.2M, dividend held at C$0.37, asset-light value thesis intact. TD-led strategic review (since Nov'25) still active with no buyer/timeframe; Jan-Feb rumored C$52-60 bids never materialized. Stock ~C$34.88 (-8.5% YTD). Author DCF C$53-56, EV/EBITDA C$51.27, sees potential takeout C$50-55. Next catalyst: Q3 in Oct + any review update.
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