Priszm Income Fund - Company Capsule

Document Sample
Priszm Income Fund - Company Capsule Powered By Docstoc
					Priszm Income Fund

_________________________________________________________________________________




Priszm Income Fund - Company Capsule
Reference Code: FS0448CC
Published Date: April 2011




___________________________________________________________________________________________

Priszm Income Fund - Company Capsule                                                Page 1
Priszm Income Fund

__________________________________________________________________________________________


Priszm Income Fund - Company Overview

Priszm Income Fund (Priszm) is a services company. The company owns independent quick service restaurant operators
globally. The company as an open-ended trust holds 60.2% interest in Priszm Limited Partnership and its general partner,
Priszm Inc. Priszm owns and operates restaurants like 400 KFC, Pizza Hut, Taco Bell and many more in seven provinces
across Canada. The company is one of the world’s largest KFC franchisee. The company manages its partnership with
438 restaurant outlets, located across Canada’s seven most populous provinces. The company also offers multi-branding
in more than 100 locations, which combines two or more brand concepts in one restaurant. The company is
headquartered in Ontario, Canada.


Financial Performance

The company reported revenue of CAD441.81 million during the fiscal year ended 2009. The company's revenue declined
at a compounded rate of 0.64% during the period 2007-2009 with a year on year decline of 2.73% over fiscal year 2008.
During the fiscal year 2009, its operating margin was 1.72% as against the operating margin of -10.52% in fiscal year
2008. During the fiscal year 2009, the company registered a net margin of -0.16% as against the net margin of -6.6% in
the fiscal year 2008.




Priszm Income Fund - Key Facts

Priszm Income Fund, Key Facts

                                  101 Exchange Avenue,
                                  Vaughan, Ontario (ON), L4K        Ticker Symbol, Stock       QSR.UN (Toronto Stock
Corporate Address:                                                                             Exchange)
                                                                    Exchange
                                  5R6, Canada


Telephone                          + 1 416 7392900                  No. of Employees           7,300



Fax                                + 1 416 6509249                  Financial Year End         December



URL                               www.priszm.com                    Revenue (in CAD Million)   441.81



Industry                          Financial Services                Revenue (in USD Million)   387.55



Locations                         Canada

Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

Priszm Income Fund - Company Capsule                                                                                   Page 2
Priszm Income Fund

__________________________________________________________________________________________


Priszm Income Fund - Major Products and Services

Priszm Income Fund (Priszm) is a Canada based investment services company. The company’s key products and
services include the following:

Priszm Income Fund, Major Products and Services
Services:

Investment services

Brands:

KFC

Pizza Hut

Taco Bell
Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

Priszm Income Fund - Company Capsule                                                                        Page 3
Priszm Income Fund

__________________________________________________________________________________________


Priszm Income Fund - Key Competitors

The following companies are the major competitors of Priszm Income Fund:

Premium Brands Income Fund

Tim Hortons Inc.

PDM Royalties Income Fund

Top 10 Canadian Financial Trust

A&W Revenue Royalties Income Fund

Livingston International Income Fund

SIR Royalty Income Fund




___________________________________________________________________________________________

Priszm Income Fund - Company Capsule                                                Page 4
Priszm Income Fund

__________________________________________________________________________________________


Priszm Income Fund - Key Employees


Priszm Income Fund, Key Employees


          Name                             Job Title                      Board Level     Since   Age


Borden Rosiak              Director                                 Non Executive Board   2004


Deborah Papernick          Chief Financial Officer                  Senior Management     2009


Jay Peters                 Director                                 Non Executive Board   2008    58


Jim Robertson              Chief Operating Officer                  Senior Management     2009


John I. Bitove             Chairman                                 Executive Board


Lilly Di Massimo           Director                                 Non Executive Board


Stanley A. Thomas          Director                                 Non Executive Board   2003

Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

Priszm Income Fund - Company Capsule                                                                   Page 5
Priszm Income Fund

__________________________________________________________________________________________


Priszm Income Fund - Locations and Subsidiaries

Head Office

Priszm Income Fund
101 Exchange Avenue
Vaughan
Ontario (ON)
Zip: L4K 5R6
Canada
Tel: + 1 416 7392900
Fax: + 1 416 6509249




___________________________________________________________________________________________

Priszm Income Fund - Company Capsule                                                Page 6
Priszm Income Fund

__________________________________________________________________________________________


Priszm Income Fund - Financial Ratios

Financial Ratios - Capital Market Ratios


Priszm Income Fund, Ratios based on current share price

                                                Key Ratios                                                          30-Jun-2010
P/E (Price/Earnings) Ratio                                                                                             3.26
EV/EBITDA (Enterprise Value/Earnings Before Interest, Taxes, Depreciation and Amortization)                            7.46
Enterprise Value/Sales                                                                                                 0.23
Enterprise Value/Operating Profit                                                                                      13.46
Enterprise Value/Total Assets                                                                                          0.54
Dividend Yield                                                                                                         0.68
Note: Above ratios are based on share price as of 30-Jun-2010. The above ratios are absolute numbers.
Source: Annual Report, Company Website, Primary and Secondary Research




Financial Ratios - Annual Ratios


Priszm Income Fund, Annual Ratios

                Key Ratios                       Unit/Currency               2009           2008         2007       2006          2005
Equity Ratios
EPS (Earnings per Sh
				
DOCUMENT INFO
Description: ICD Research's ‘Priszm Income Fund - Company Capsule’ is a crucial resource for industry executives and anyone looking to access key information about “Priszm Income Fund ICD Research's ‘Priszm Income Fund - Company Capsule’ reports utilize a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. ICD Research strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report.
BUY THIS DOCUMENT NOW PRICE: $75 100% MONEY BACK GUARANTEED
PARTNER ICD Research
With emphasis on Insight, Consultancy and Delivery, iCD Research is a full-service, online market research agency. iCD Research is able to take advantage of all of the efficiencies and benefits that the Internet brings to offer proven research methodologies with fast turnaround and accurate results. iCD Research specialises in qualitative research for large finance, media, retail and entertainment clients. Market leaders in online focus groups, iCD Research has unleashed the full scale of the Internet to run focus groups across the globe for its major institutional clients. Utilising its sister organisation, The iD Factor, iCD Research also delivers strong quantitative research, ranging from ongoing consumer confidence studies through to consumer surveys throughout Europe and Asia. With its roots firmly in research, iCD Research doesn’t limit itself to only utilising online methods as the philosophy at the company is to match the methodology to the respondent. Yet the scale and speed of online research give iCD Research a cutting edge that has lead to tremendous, triple-figure percentage growth over the past two years. iCD Research is headquartered in London, with operational offices in the US and Australia to ensure that it is offering an unparalleled 24 hour service to its clients.