Boston Pizza Royalties Income Fund (BPZZF) Stock Price, News & Analysis

Company Overview

Boston Pizza Royalties Income Fund is an unincorporated, open-ended, limited-purpose trust established to acquire and own the registered and unregistered trade-marks, trade-names and other intellectual property associated with the Boston Pizza brand. The Fund was formed in May 2002, concurrent with an initial public offering by Boston Pizza International Inc., and trades on the OTC Markets under the symbol BPZZF. As a royalty income vehicle, the Fund’s sole business activity is licensing the Boston Pizza brand to restaurant operators and collecting ongoing royalty payments.

Under long-term licensing agreements, each franchised Boston Pizza restaurant remits a fixed percentage of its gross sales to the Fund as a royalty fee. These royalties represent a stable revenue stream derived from the network of corporate and franchise locations operating under the Boston Pizza banner. The Fund does not operate or manage any restaurants directly, nor does it engage in restaurant-level operations or menu development.

The Boston Pizza system includes several hundred restaurants across Canada, with a growing presence in select U.S. markets. The Fund’s licensing arrangements cover all provinces in Canada, ensuring broad geographic diversification of royalty income. Management and administration of the Fund are carried out by Boston Pizza International Inc. and its affiliate, Boston Pizza Royalty Limited Partnership, under oversight of an independent board of trustees.

Boston Pizza itself has a heritage dating back to its founding in Edmonton, Alberta in 1964 by Jim Treliving and George Melville. Over the ensuing decades, the brand expanded into one of Canada’s largest full-service casual dining chains, offering a menu of pizza, pasta and grill items alongside a sports-bar atmosphere. Today, the Fund allows investors to participate indirectly in the growth of the Boston Pizza brand through a royalty-based revenue model without direct exposure to restaurant-level operating risks.

Key Stats

• Today's Range: $15.74 to $15.74
• 50-Day Range: $13.84 to $15.82
• 52-Week Range: $11.00 to $15.89
• Volume: 221 shs
• Average Volume: 1,232 shs
• Market Capitalization: N/A
• P/E Ratio: 12.54
• Dividend Yield: 5.18%
• Price Target: N/A
• Consensus Rating: N/A

Boston Pizza Royalties Income Fund Stock Analysis - MarketRank™

Boston Pizza Royalties Income Fund scored higher than 4% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Boston Pizza Royalties Income Fund.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Boston Pizza Royalties Income Fund is 12.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Boston Pizza Royalties Income Fund is 12.54, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 521.57.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Boston Pizza Royalties Income Fund has a short interest ratio ("days to cover") of 14.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Boston Pizza Royalties Income Fund has recently increased by 0.44%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Boston Pizza Royalties Income Fund is a leading dividend payer. It pays a dividend yield of 6.50%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Boston Pizza Royalties Income Fund does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Boston Pizza Royalties Income Fund is 65.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Boston Pizza Royalties Income Fund has a short interest ratio ("days to cover") of 14.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Boston Pizza Royalties Income Fund has recently increased by 0.44%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Boston Pizza Royalties Income Fund this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Boston Pizza Royalties Income Fund insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 25.97% of the stock of Boston Pizza Royalties Income Fund is held by institutions.

BPZZF Stock Analysis - Frequently Asked Questions

How have BPZZF shares performed this year?

Boston Pizza Royalties Income Fund's stock was trading at $12.33 on January 1st, 2025. Since then, BPZZF stock has increased by 27.7% and is now trading at $15.74.

How were Boston Pizza Royalties Income Fund's earnings last quarter?

Boston Pizza Royalties Income Fund (OTCMKTS:BPZZF) issued its quarterly earnings results on Friday, February, 7th. The company reported $0.23 EPS for the quarter.

How do I buy shares of Boston Pizza Royalties Income Fund?

Shares of BPZZF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Last Earnings: 2/07/2014
• Today: 9/17/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Consumer Cyclical
• Industry: Restaurants
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:BPZZF
• CIK: N/A
• Web: www.bpincomefund.ca
• Phone: (604) 270-1108
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 12.54
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A