Loading…
← CockpitCompetitor Analysis › AW.TO A&W Food Services of Canada, Inc.Open in the cockpit ↗

A&W Food Services of Canada, Inc.AW.TOCompetitor analysis, valuation and peers

Canada · CAD·Consumer Discretionary›Restaurants
Momentum neutral 54
Mkt cap
$625M
US dollars, full cap
Free float
42%
of shares outstanding
$/day
$406,612
20-day average traded
Fwd P/E
14.0×
forward earnings
ROIC−WACC
+0.8 pp
WACC 5.0%
Hurdle
+3 pp
Req g minus delivered
Next earnings
124 days
10 Mar 2027
Close · CADC$36.62
1D+0.6%
1W+1.1%
1M+2.0%
3M-1.5%
6M+0.2%
YTD-3.0%
1Y+2.2%
ATR %1.5%
52w lowhigh5.3% off high

What A&W Food Services of Canada does

No business profile yet.

A&W Food Services of Canada at a glance

Size A&W Food Services of Canada (AW.TO) is a Canada Consumer Discretionary company (Restaurants) with a market value of $625M, the 314th largest of 420 Canada companies the cockpit tracks. Shares closed at C$36.62 on 6 Nov 2026.

Performance Over six months the shares gained 0.2%, against +2.7% for the median peer and +5.2% for the Canada market (cap-weighted) — 11th highest of 21 in its peer set.

Growth Revenue grew 2.8% over the last twelve months (peer median +10.0%); the operating margin is 29.6% (peer median 5.4%).

Valuation It trades at 14.0× forward earnings against a peer median of 20.5× (5th cheapest of 17).

Price implies For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is -1%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 0.8 points above its cost of capital (5.0% WACC).

Next results Next results expected around 10 Mar 2027 (exchange calendar; dates can move).

Relative performance

10010511 May 202611 Aug 20266 Nov 2026Peer median 102AW.TO 102
Six months, rebased to 100: A&W Food Services of Canada against the median of its 20 peers (local-currency closes).

A&W Food Services of Canada financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$302MC$294MC$292MC$299MC$299M
Revenue growth—+1%-2%0%—
Gross profitC$143MC$144MC$135MC$135MC$132M
EBITDAC$96.3MC$101MC$48.6MC$38.4MC$36.7M
Net incomeC$56.8MC$55.2MC$11.9MC$24.1MC$35.2M
Free cash flowC$77.5MC$55.9MC$66.3MC$27.1MC$14.2M
Capital expenditureC$2.74MC$2.35MC$2.91MC$6.00MC$4.63M
Total debtC$900MC$906MC$915MC$659MC$633M

Quarterly statements and history in the cockpit →

A&W Food Services of Canada competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-25%0%+25%+50%0%+20%+40%9658PZZAMTYRBAFSTACNNE3091272733991405SAPPHIREELIORBRCB98872157EAT0007217611CKFPTLOAW.TO6-month return →1-month return →
Up and to the right = strong over both horizons. A&W Food Services of Canada is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%0×200×400×9658PZZAMTYFSTA3091272733991405SAPPHIREELIORBRCB2157CKFAW.TORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. A&W Food Services of Canada is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%9658PZZAMTYFSTA3091272733991405SAPPHIREELIOR21570007217611CKFAW.TOGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. A&W Food Services of Canada is the large dot.

A&W Food Services of Canada competitors and peer comparison

How A&W Food Services of Canada compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

A&W Food Services of Canada against its 20 peers (data as of 6 Nov 2026)
MeasureAW.TOPeer medianRank in peer set
1-month return+2.0%+7.9%9th lowest of 21
6-month return+0.2%+2.7%11th highest of 21
Distance from 52-week high-5.3%-23.1%3rd highest of 21
Revenue growth (TTM)+2.8%+10.0%7th lowest of 21
Operating margin29.6%5.4%highest of 21
Forward P/E14.0×20.5×5th cheapest of 17
Growth the price implies (Req g, 7 yrs)2.6%3.5%8th least demanding of 16
Growth delivered (Del g)-0.6%+16.1%lowest of 16
Hurdle (Req g minus delivered)+3.2 pp-19.4 pp3rd most demanding of 16
ROIC minus cost of capital+0.8 pp-0.9 pp9th highest of 21
EV / EBITDA18.5×8.5×3rd most expensive of 19
Net debt / EBITDA9.3×2.5×most indebted of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
A&W Food Services of Canada AW.TOCanada$625M0%+3%30%14.0×2.6%-0.6%
Super Hi International 9658.HKHong Kong$619M-23%+11%6%18.1×-1.7%+30.7%
Papa John's International PZZAUnited States$650M-37%-6%5%19.7×4.8%+2.5%
MTY Food MTY.TOCanada$600M-6%-4%16%8.2×-3.8%+18.4%
Restaurant Brands Asia RBA.NSIndia$668M+31%+16%0%n/an/an/a
Fuller, Smith & Turner P.L.C FSTA.LUnited Kingdom$576M+29%+6%12%15.9×8.0%+40.3%
Cannae CNNEUnited States$700M+25%-7%-17%n/an/an/a
Bronco Billy 3091.TJapan$551M+41%+14%12%32.1×1.5%+11.8%
Wowprime 2727.TWTaiwan$550M-1%+10%8%12.2×-11.9%+9.0%
Maruchiyo Yamaokaya 3399.TJapan$710M+82%+19%11%28.4×3.5%+24.7%
DPC Dash 1405.HKHong Kong$548M-34%+26%4%21.2×6.6%+36.3%
Sapphire Foods India SAPPHIRE.NSIndia$715M+12%+13%4%409.8×46.7%+25.1%
Elior ELIOR.PAFrance$544M-35%0%2%12.4×6.3%+9.2%
Black Rock Coffee Bar BRCBUnited States$538M-6%+24%3%50.1×n/an/a
Matsuya Foods 9887.TJapan$733M+7%+18%4%n/an/an/a
Koshidaka 2157.TJapan$530M-6%+16%13%10.8×-9.8%+31.1%
AmRest EAT.WAPoland$529M-5%-3%4%22.9×5.1%+9.9%
Xi'an Catering 000721.SZChina$523M-20%-14%-23%n/a50.5%+6.5%
Hiday Hidaka 7611.TJapan$760M+11%+10%11%23.5×-3.3%+16.1%
Collins Foods CKF.AXAustralia$762M+15%+5%8%16.3×1.4%+8.4%
Portillo's PTLOUnited States$504M+54%+3%6%31.0×n/an/a

Questions

Which companies are A&W Food Services of Canada's closest peers?
The cockpit's peer set: Super Hi International (9658.HK), Papa John's International (PZZA), MTY Food (MTY.TO), Restaurant Brands Asia (RBA.NS), Fuller, Smith & Turner P.L.C (FSTA.L), Cannae (CNNE), Bronco Billy (3091.T), Wowprime (2727.TW).
Is A&W Food Services of Canada expensive compared with its peers?
On forward p/e it trades at 14.0× against a peer median of 20.5×, 5th cheapest of 17 in its peer set. For today's price to make sense, revenue must grow about 3% a year for seven years (Req g). Recent delivered growth is -1%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has A&W Food Services of Canada stock performed?
Over six months to 6 Nov 2026 the shares returned +0.2% against +2.7% for the median peer; over one year +2.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.