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Pizza Pizza RoyaltyFRA:3IA -0.64%52 Debt-to-EBITDA is 1.19 as of Jun. 2026, which is 11% below its 10-year median of 1.33. GuruFocus rates FRA:3IA with a GF Score™ of 52/100 and a GF Value™ of €20.62 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 302 Restaurants companies, Pizza Pizza Royalty ranks better than 75.17% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Pizza Pizza Royalty's Debt-to-EBITDA or its related term are showing as below:
FRA:3IA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.16 Med: 1.33 Max: 1.5
Current: 1.32
During the past 13 years, the highest Debt-to-EBITDA Ratio of Pizza Pizza Royalty was 1.50. The lowest was 1.16. And the median was 1.33.
FRA:3IA's Debt-to-EBITDA is ranked better than 75.17% of 302
companies
in the Restaurants industry
Industry Median: 2.91
vs FRA:3IA: 1.32
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Pizza Pizza Royalty Debt-to-EBITDA Related Terms
Pizza Pizza Royalty Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Pizza Pizza Royalty's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:3IA vs MCD, SBUX, YUM: Debt-to-EBITDA Comparison
For the Restaurants subindustry, Pizza Pizza Royalty's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Pizza Pizza Royalty Debt-to-EBITDA vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Pizza Pizza Royalty's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Pizza Pizza Royalty's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Pizza Pizza Royalty (FRA:3IA) has a Debt-to-EBITDA of 1.19 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Pizza Pizza Royalty. This is 11% below median its historical median of 1.33. Over the past decade, Pizza Pizza Royalty's Debt-to-EBITDA has ranged from 1.16 to 1.50. According to the industry distribution chart, Pizza Pizza Royalty ranks #75 out of 302 companies in the Restaurants industry, placing it in the top 24.8%.
Is Pizza Pizza Royalty's Debt-to-EBITDA too high?
Pizza Pizza Royalty's current Debt-to-EBITDA of 1.19 is 11% below median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 1.50. The Restaurants industry median Debt-to-EBITDA is 2.91. Pizza Pizza Royalty's value of 1.19 is 59.1% below this industry median. Based on the distribution chart, Pizza Pizza Royalty ranks #75 out of 302 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Pizza Pizza Royalty has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pizza Pizza Royalty's Debt-to-EBITDA compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Pizza Pizza Royalty ranks #75 out of 302 companies for Debt-to-EBITDA. This places Pizza Pizza Royalty in the top 25% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.91. Pizza Pizza Royalty's value of 1.19 is 59.1% below this benchmark. Historically, Pizza Pizza Royalty's own Debt-to-EBITDA has ranged from 1.16 to 1.50 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 2.91, Pizza Pizza Royalty has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Restaurants company?
The median Debt-to-EBITDA among Restaurants companies is 2.91, based on 302 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pizza Pizza Royalty's current Debt-to-EBITDA of 1.19 is 59.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Pizza Pizza Royalty. For the Restaurants industry, the median Debt-to-EBITDA is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pizza Pizza Royalty's current Debt-to-EBITDA is 1.19, which is 11% below median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pizza Pizza Royalty stock overvalued right now?
Based on GuruFocus' analysis, Pizza Pizza Royalty (FRA:3IA) is currently considered Significantly Undervalued. The stock's GF Value™ is €20.62, compared to a current price of €7.80 — trading 62.2% below its estimated fair value. The current Debt-to-EBITDA is 1.19, which is 11% below median its 10-year median of 1.33 and 59.1% below the Restaurants industry median of 2.91. Pizza Pizza Royalty's overall GF Score™ is 52/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Pizza Pizza Royalty (FRA:3IA), the current Debt-to-EBITDA is 1.19 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Pizza Pizza Royalty (FRA:3IA) Overvalued in 2026?
Based on GuruFocus' analysis, Pizza Pizza Royalty stock appears to be undervalued.
The current stock price of €7.80 is trading 62.2% below its estimated GF Value™ of €20.62.
GuruFocus considers Pizza Pizza Royalty to be Significantly Undervalued.
Key valuation signals for FRA:3IA:
Debt-to-EBITDA: 1.19 (11% below median its 10-year median of 1.33)
GF Value™: €20.62 vs. price of €7.80 (62.2% below fair value)
Industry Position: 59.1% below the Restaurants median (#75 of 302)
No single metric tells the full story. See the FRA:3IA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pizza Pizza Royalty Corp through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza 73 brands. It receives the benefit of Pizza Pizza Royalty and Pizza 73 Royalty payable by PPL under the Pizza Pizza Licence and Royalty Agreement and the Pizza 73 Licence and Royalty Agreement, respectively, as well as royalty payments under the international agreement, indirectly through its interests in the partnership.
52GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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