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Pizza Pizza RoyaltyPZRIF 61 Earnings Yield (Joel Greenblatt) % is 6.67% as of Jun. 2026, which is 13% below its 10-year median of 7.64. GuruFocus rates PZRIF with a GF Score™ of 61/100 and a GF Value™ of $23.67 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 366 Restaurants companies, Pizza Pizza Royalty ranks better than 70.22% on this metric.
Pizza Pizza Royalty's Enterprise Value for the quarter that ended in Jun. 2026 was $340.88 Mil.
Pizza Pizza Royalty's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $23.11 Mil. Pizza Pizza Royalty's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 6.67%.
The historical rank and industry rank for Pizza Pizza Royalty's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
PZRIF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.01 Med: 7.64 Max: 13.8
Current: 6.77
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Pizza Pizza Royalty was 13.80%. The lowest was 5.01%. And the median was 7.64%.
PZRIF's Earnings Yield (Joel Greenblatt) % is ranked better than 70.22% of 366
companies
in the Restaurants industry
Industry Median: 4
vs PZRIF: 6.77
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Pizza Pizza Royalty's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 9.06%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Pizza Pizza Royalty Earnings Yield (Joel Greenblatt) % Related Terms
Pizza Pizza Royalty Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Pizza Pizza Royalty's Earnings Yield (Joel Greenblatt) % 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.
For the Restaurants subindustry, Pizza Pizza Royalty's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Pizza Pizza Royalty's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pizza Pizza Royalty's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Pizza Pizza Royaltys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Pizza Pizza Royalty's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.11 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.67% mean?
Pizza Pizza Royalty (PZRIF) has a Earnings Yield (Joel Greenblatt) % of 6.67% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Pizza Pizza Royalty and its competitors. This is 13% below median its historical median of 7.64. Over the past decade, Pizza Pizza Royalty's Earnings Yield (Joel Greenblatt) % has ranged from 5.01 to 13.80. According to the industry distribution chart, Pizza Pizza Royalty ranks #109 out of 366 companies in the Restaurants industry, placing it in the top 29.8%.
Is Pizza Pizza Royalty's Earnings Yield (Joel Greenblatt) % too high?
Pizza Pizza Royalty's current Earnings Yield (Joel Greenblatt) % of 6.67% is 13% below median its 10-year median of 7.64. Over the past 10 years, this metric has ranged from a low of 5.01 to a high of 13.80. The Restaurants industry median Earnings Yield (Joel Greenblatt) % is 4.00. Pizza Pizza Royalty's value of 6.67% is 66.8% above this industry median. Based on the distribution chart, Pizza Pizza Royalty ranks #109 out of 366 companies in the Restaurants industry, which is above the industry midpoint. Overall, Pizza Pizza Royalty has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pizza Pizza Royalty's Earnings Yield (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Pizza Pizza Royalty ranks #109 out of 366 companies for Earnings Yield (Joel Greenblatt) %. This puts Pizza Pizza Royalty in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.00. Pizza Pizza Royalty's value of 6.67% is 66.8% above this benchmark. Historically, Pizza Pizza Royalty's own Earnings Yield (Joel Greenblatt) % has ranged from 5.01 to 13.80 over the past decade. While the company's 10-year median is 7.64 vs. the industry median of 4.00, Pizza Pizza Royalty has consistently been above 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 Earnings Yield (Joel Greenblatt) % for a Restaurants company?
The median Earnings Yield (Joel Greenblatt) % among Restaurants companies is 4.00, based on 366 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pizza Pizza Royalty's current Earnings Yield (Joel Greenblatt) % of 6.67% is 66.8% above 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Pizza Pizza Royalty and its competitors. For the Restaurants industry, the median Earnings Yield (Joel Greenblatt) % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pizza Pizza Royalty's current Earnings Yield (Joel Greenblatt) % is 6.67%, which is 13% below median its own 10-year median of 7.64. 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 (PZRIF) is currently considered Significantly Undervalued. The stock's GF Value™ is $23.67, compared to a current price of $9.25 — trading 60.9% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.67%, which is 13% below median its 10-year median of 7.64 and 66.8% above the Restaurants industry median of 4.00. Pizza Pizza Royalty's overall GF Score™ is 61/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Pizza Pizza Royalty (PZRIF), the current Earnings Yield (Joel Greenblatt) % is 6.67% 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 (PZRIF) Overvalued in 2026?
Based on GuruFocus' analysis, Pizza Pizza Royalty stock appears to be undervalued.
The current stock price of $9.25 is trading 60.9% below its estimated GF Value™ of $23.67.
GuruFocus considers Pizza Pizza Royalty to be Significantly Undervalued.
Key valuation signals for PZRIF:
Earnings Yield (Joel Greenblatt) %: 6.67% (13% below median its 10-year median of 7.64)
GF Value™: $23.67 vs. price of $9.25 (60.9% below fair value)
Industry Position: 66.8% above the Restaurants median (#109 of 366)
No single metric tells the full story. See the PZRIF 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.
61GF Score
Get the complete analysis for PZRIF
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