Loading…
← CockpitCompetitor Analysis › MTY.TO MTY Food Group Inc.Open in the cockpit ↗

MTY Food Group Inc.MTY.TOCompetitor analysis, valuation and peers

Canada · CAD·Consumer Discretionary›Restaurants
Momentum strong 76
Mkt cap
$600M
US dollars, full cap
Free float
83%
of shares outstanding
$/day
$4.60M
20-day average traded
Fwd P/E
8.2×
forward earnings
ROIC−WACC
+0.8 pp
WACC 6.3%
Hurdle
-22 pp
Req g minus delivered
Next earnings
104 days
18 Feb 2027
Close · CADC$36.83
1D-0.3%
1W+13.5%
1M+19.7%
3M+7.4%
6M-6.2%
YTD-3.4%
1Y+8.7%
ATR %3.2%
52w lowhigh19.8% off high

What MTY Food does

Employees: 6,868

MTY Food at a glance

Size MTY Food (MTY.TO) is a Canada Consumer Discretionary company (Restaurants) with a market value of $600M, the 318th largest of 420 Canada companies the cockpit tracks. Shares closed at C$36.83 on 6 Nov 2026.

Performance Over six months the shares fell 6.2%, against +3.4% for the median peer and +5.2% for the Canada market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue fell 3.6% over the last twelve months (peer median +9.7%); the operating margin is 16.2% (peer median 5.4%).

Valuation It trades at 8.2× forward earnings against a peer median of 19.7× (2nd cheapest of 16).

Price implies For today's price to make sense, revenue must grow about -4% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is -22 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 0.8 points above its cost of capital (6.3% WACC).

Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).

Relative performance

809010011011 May 202611 Aug 20266 Nov 2026Peer median 104MTY.TO 94
Six months, rebased to 100: MTY Food against the median of its 20 peers (local-currency closes).

MTY Food financials

Reported figures in CAD; fiscal year ends 2025-11-30. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$1.13BC$1.19BC$1.16BC$1.17BC$717M
Revenue growth—+3%-1%+63%—
Gross profitC$302MC$356MC$327MC$341MC$205M
EBITDAC$268MC$290MC$263MC$271MC$182M
Net incomeC$109MC$119MC$24.2MC$104MC$74.8M
Free cash flowC$153MC$169MC$179MC$154MC$138M
Capital expenditureC$14.2MC$15.5MC$27.7MC$32.2MC$12.7M
Total debtC$1.06BC$1.13BC$1.22BC$1.30BC$1.08B

Quarterly statements and history in the cockpit →

MTY Food 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%9658AWFSTAPZZA309127271405ELIORRBABRCB2157000721CNNE3399PTLOSAPPHIREMARS99009887MTY.TO6-month return →1-month return →
Up and to the right = strong over both horizons. MTY Food is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%0×200×400×9658AWFSTAPZZA309127271405ELIORBRCB21573399PTLOSAPPHIREMARSMTY.TORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. MTY Food is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%9658AWFSTAPZZA309127271405ELIOR21570007213399SAPPHIREMARSMTY.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. MTY Food is the large dot.

MTY Food competitors and peer comparison

How MTY Food 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.

MTY Food against its 20 peers (data as of 6 Nov 2026)
MeasureMTY.TOPeer medianRank in peer set
1-month return+19.7%+6.1%5th highest of 21
6-month return-6.2%+3.4%7th lowest of 21
Distance from 52-week high-19.8%-19.5%11th highest of 21
Revenue growth (TTM)-3.6%+9.7%4th lowest of 21
Operating margin16.2%5.4%3rd highest of 21
Forward P/E8.2×19.7×2nd cheapest of 16
Growth the price implies (Req g, 7 yrs)-3.8%4.8%3rd least demanding of 16
Growth delivered (Del g)+18.4%+11.8%7th highest of 16
Hurdle (Req g minus delivered)-22.2 pp-10.3 pp5th least demanding of 16
ROIC minus cost of capital+0.8 pp-1.2 pp9th highest of 21
EV / EBITDA6.8×9.2×8th cheapest of 19
Net debt / EBITDA3.7×2.5×8th 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
MTY Food MTY.TOCanada$600M-6%-4%16%8.2×-3.8%+18.4%
Super Hi International 9658.HKHong Kong$619M-23%+11%6%18.1×-1.7%+30.7%
A&W Food Services of Canada AW.TOCanada$625M0%+3%30%14.0×2.6%-0.6%
Fuller, Smith & Turner P.L.C FSTA.LUnited Kingdom$576M+29%+6%12%15.9×8.0%+40.3%
Papa John's International PZZAUnited States$650M-37%-6%5%19.7×4.8%+2.5%
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%
DPC Dash 1405.HKHong Kong$548M-34%+26%4%21.2×6.6%+36.3%
Elior ELIOR.PAFrance$544M-35%0%2%12.4×6.3%+9.2%
Restaurant Brands Asia RBA.NSIndia$668M+31%+16%0%n/an/an/a
Black Rock Coffee Bar BRCBUnited States$538M-6%+24%3%50.1×n/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%
Cannae CNNEUnited States$700M+25%-7%-17%n/an/an/a
Maruchiyo Yamaokaya 3399.TJapan$710M+82%+19%11%28.4×3.5%+24.7%
Portillo's PTLOUnited States$504M+54%+3%6%31.0×n/an/a
Sapphire Foods India SAPPHIRE.NSIndia$715M+12%+13%4%409.8×46.7%+25.1%
Marston's MARS.LUnited Kingdom$497M+23%-1%22%6.2×-2.5%+11.7%
Sagami 9900.TJapan$494M+13%+10%7%n/a7.7%+14.1%
Matsuya Foods 9887.TJapan$733M+7%+18%4%n/an/an/a

Questions

Which companies are MTY Food's closest peers?
The cockpit's peer set: Super Hi International (9658.HK), A&W Food Services of Canada (AW.TO), Fuller, Smith & Turner P.L.C (FSTA.L), Papa John's International (PZZA), Bronco Billy (3091.T), Wowprime (2727.TW), DPC Dash (1405.HK), Elior (ELIOR.PA).
Is MTY Food expensive compared with its peers?
On forward p/e it trades at 8.2× against a peer median of 19.7×, 2nd cheapest of 16 in its peer set. For today's price to make sense, revenue must grow about -4% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is -22 pp: the price already allows for a slowdown.
How has MTY Food stock performed?
Over six months to 6 Nov 2026 the shares returned -6.2% against +3.4% for the median peer; over one year +8.7%.

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.