SIR Royalty Income Fund

SRV-UN · TO · Consumer Cyclical / Restaurants

14.19CAD-0.08 (-0.56%)

Price History

Full chart

Market Stats

Previous Close14.27

Open14.14

Day Range14.02 – 14.24

52-Week Range12.81 – 16.64

Volume1.30K

Market Cap118.68M

P/E (TTM)14.61

Forward P/E3.37

EPS0.97

Dividend Yield8.89%

Beta0.08

50-Day Avg15.50

200-Day Avg15.53

About

SIR Royalty Income Fund, through SIR Royalty Limited Partnership, creates, owns, and operates service inspired restaurants in Canada. The company operates concept restaurant brands under Jack Astor's and Scaddabush brands; and signature restaurants under the Reds Square One, Edna +Vita, The Antler Room, Duke's Refresher, and Loose Moose Tap & Grill brands. It also owns and operates seasonal restaurant and retail outlet under the Abbey's Bakehouse brand in Muskoka, Ontario. The company was founded in 2004 and is based in Burlington, Canada.

Company Details

SectorConsumer Cyclical
IndustryRestaurants
CEOMr. Peter Fowler
Employees0
Headquarters5360 South Service Road, Burlington, ON, Canada, L7L 5L1, Canada
Websitehttps://www.sircorp.com

Leadership

Mr. Peter FowlerChief Executive Officer of SIR Corp
Mr. Paul J. BognarCOO & President of SIR Corp
Mr. Jeffrey Good CMA, MBACFO & Secretary of SIR GP Inc.
Ms. Kim van Nieuwkoop LLMSenior VP of Human Resources & General Counsel of SIR Corp

Financials

Income Statement

Currency: CAD	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: CAD	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	2.40M	7.03M	7.36M	7.72M	-	-	-	8.03M	8.42M	10.32M	11.59M	12.09M	12.74M	14.05M	7.99M	16.78M	-42.73M	7.12M	48.95M	23.32M	10.66M	11.10M
Growth (%)	-	+192.44%	+4.79%	+4.93%	-	-	-	-	+4.76%	+22.56%	+12.37%	+4.26%	+5.40%	+10.31%	-43.14%	+110.03%	-354.63%	+116.67%	+587.12%	-52.35%	-54.29%	+4.07%
Cost of Revenue	-	-	-	-	-	-	-	-	-	0	0	0	0	0	3.50M	-6.00M	14.25M	3.00M	8.00M	12.25M	5.50M	-
Gross Profit	2.40M	7.03M	7.36M	7.72M	-	-	-	8.03M	8.42M	10.32M	11.59M	12.09M	12.74M	14.05M	4.49M	16.78M	-42.73M	7.12M	48.95M	23.32M	16.16M	11.10M
Gross Margin	100.00%	100.00%	100.00%	100.00%	-	-	-	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	56.19%	100.00%	100.00%	100.00%	100.00%	100.00%	151.59%	100.00%
Operating Expense	183.56K	558.66K	475.96K	483.75K	-	-	-	376.65K	373.61K	3.42M	3.41M	3.40M	3.41M	3.44M	-6.56M	6.49M	523.63K	568.92K	625.44K	11.67M	11.27M	-999.00K
Operating Income	2.22M	6.47M	6.89M	7.24M	7.50M	7.14M	7.38M	7.66M	8.04M	6.90M	8.18M	8.68M	9.33M	10.61M	11.05M	10.29M	-43.25M	6.56M	48.33M	11.66M	4.90M	12.09M
Operating Margin	92.36%	92.05%	93.53%	93.74%	-	-	-	95.31%	95.56%	66.87%	70.59%	71.85%	73.23%	75.52%	138.26%	61.34%	101.23%	92.01%	98.72%	49.99%	45.93%	109.00%
EBITDA	2.22M	6.47M	6.89M	7.24M	7.50M	7.14M	2.58M	7.66M	5.04M	6.90M	8.18M	8.68M	9.33M	10.61M	11.05M	10.29M	-43.25M	6.56M	48.33M	11.66M	4.90M	12.09M
EBITDA Margin	92.36%	92.05%	93.53%	93.74%	-	-	-	95.31%	59.92%	66.87%	70.59%	71.85%	73.23%	75.52%	138.26%	61.34%	101.23%	92.01%	98.72%	49.99%	45.93%	109.00%
Net Income	1.39M	6.47M	6.89M	6.44M	7.50M	7.26M	7.38M	5.47M	5.86M	7.12M	8.18M	8.60M	8.88M	9.81M	5.12M	12.64M	-44.00M	4.91M	44.41M	19.11M	12.03M	8.47M
Net Income Margin	57.75%	92.05%	93.53%	83.42%	-	-	-	68.05%	69.65%	69.04%	70.60%	71.16%	69.69%	69.84%	64.02%	75.35%	102.98%	68.93%	90.72%	81.95%	112.82%	76.30%
R&D	-	-	-	-	-	-	-	-	-	-	-	-	0.86	0.85	-	-	-	-	-	-	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	-	-	-	-	0.00%	0.00%	-	-	-	-	-	-	-	-
Interest Expense	-	-	-	-	3.00M	3.00M	3.00M	3.00M	3.00M	3.00M	3.00M	3.00M	3.00M	3.00M	0	6.00M	14.25M	0	-	-	-	-
Interest Expense % of Total Revenue	-	-	-	-	-	-	-	37.34%	35.64%	29.08%	25.88%	24.82%	23.55%	21.35%	0.00%	35.75%	-33.35%	0.00%	-	-	-	-

Balance Sheet

Currency: CAD	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: CAD	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	94.62M	51.82M	52.11M	52.41M	52.66M	52.38M	52.43M	54.48M	59.44M	70.62M	81.86M	84.60M	95.07M	95.32M	91.48M	94.32M	48.49M	49.48M	83.22M	90.96M	94.26M	91.56M
Total Liabilities	48.67M	105.03K	124.18K	917.31K	933.77K	793.75K	849.21K	3.52M	1.71M	2.10M	2.04M	4.88M	4.83M	4.98M	4.96M	5.41M	5.79M	6.90M	6.95M	5.47M	6.30M	5.23M
Total Equity	48.14M	51.71M	51.98M	51.49M	51.73M	51.59M	51.58M	50.96M	57.73M	68.53M	79.82M	79.72M	90.23M	90.33M	86.52M	88.90M	42.70M	42.59M	76.27M	85.48M	87.96M	86.34M
Cash	893.79K	-	18	105	230	96	40	2.10M	316.59K	577.09K	478.65K	676.46K	340.90K	373.65K	296.25K	136.94K	138.63K	1.41M	2.28M	412.18K	1.04M	320.61K
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	31.67K	31.59K	33.67K	35.01K	46.36K	42.26K	63.48K	42.47K	-	-
Net Debt	-893.79K	-	-18	-105	-230	-96	-40	-2.10M	-316.59K	-577.09K	-478.65K	-676.46K	-309.22K	-342.06K	-262.58K	-101.94K	-92.27K	-1.37M	-2.21M	-412.18K	-1.04M	-320.61K

Cash Flow

Currency: CAD	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: CAD	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	2.53M	6.43M	6.62M	6.94M	7.26M	7.39M	7.39M	7.61M	3.83M	7.88M	8.18M	8.89M	8.64M	9.75M	10.02M	10.10M	2.20M	6.30M	11.58M	8.04M	10.18M	9.37M
Investing Cash Flow	-47.63M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing Cash Flow	46.75M	-6.43M	-6.62M	-6.94M	-7.26M	-7.39M	-7.39M	-5.51M	-5.61M	-7.62M	-8.28M	-8.69M	-8.98M	-9.72M	-10.09M	-10.26M	-2.20M	-5.03M	-10.72M	-9.90M	-9.55M	-10.09M
Capital Expenditure	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	2.53M	6.43M	6.62M	6.94M	7.26M	7.39M	7.39M	7.61M	3.83M	7.88M	8.18M	8.89M	8.64M	9.75M	10.02M	10.10M	2.20M	6.30M	11.58M	8.04M	10.18M	9.37M
Dividends Paid	880.10K	6.43M	6.62M	6.94M	7.26M	7.39M	7.39M	5.51M	5.61M	7.62M	8.28M	8.69M	8.98M	9.72M	10.09M	10.26M	2.20M	5.03M	10.72M	9.90M	9.55M	10.09M
FCF to OCF	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	34.75%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	72.39%	146.56%	96.70%	101.20%	97.78%	103.88%	99.66%	100.77%	101.58%	99.92%	79.77%	92.56%	123.17%	93.79%	107.73%

Earnings

Report Date	Nov 14, 2006	Mar 29, 2007	May 13, 2014	Aug 12, 2014	Nov 6, 2014	Mar 18, 2015	Aug 11, 2015	Nov 11, 2015	May 11, 2016	Aug 8, 2016	Nov 10, 2016	May 9, 2017	Aug 9, 2017	Nov 9, 2017	May 10, 2018	Aug 9, 2018	Nov 12, 2018	Dec 31, 2018	May 13, 2019	Aug 12, 2019	Nov 11, 2019
EPS Estimate	0.32	0.32	0.26	0.30	0.29	0.27	0.31	0.29	0.25	0.31	0.30	0.26	0.31	0.30	0.27	0.31	0.32	0.29	0.30	0.33	0.32
EPS Actual	0.33	0.32	0.25	0.30	0.29	0.28	0.30	0.30	0.26	0.31	0.30	0.27	0.31	0.31	0.17	0.23	0.50	-0.33	0.81	0.31	0.29
Surprise	3.13%	0.00%	-3.85%	0.00%	0.00%	3.70%	-3.23%	3.45%	4.00%	0.00%	0.00%	3.85%	0.00%	3.33%	-37.04%	-25.81%	56.25%	-213.79%	170.00%	-6.06%	-9.38%
Timing	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap118.68M

Enterprise Value22.06M

Trailing P/E14.61

Forward P/E3.37

PEG Ratio0.00

Price / Sales10.40

Price / Book1.38

EPS0.97

Book Value10.19

Revenue (TTM)11.41M

Gross Profit (TTM)12.41M

Profit Margin71.41%

Operating Margin124.92%

Return on Equity9.42%

Return on Assets7.94%

Shares Outstanding8.38M

Shares Float5.56M

Beta0.08

Dividend Yield8.89%

Dividend Rate1.26

Payout Ratio126.80%

Dividends

202610×

0.10Oct 16, 20260.10Sep 18, 20260.10Aug 20, 20260.10Jul 17, 20260.10Jun 19, 20260.10May 15, 20260.10Apr 17, 20260.10Mar 20, 20260.10Feb 20, 20260.10Jan 16, 2026

202512×

0.14Dec 19, 20250.10Nov 19, 20250.10Oct 20, 20250.10Sep 19, 20250.10Aug 15, 20250.10Jul 18, 20250.10Jun 20, 20250.10May 16, 20250.10Apr 17, 20250.10Mar 21, 20250.10Feb 14, 20250.10Jan 17, 2025

20242×

0.10Dec 19, 20240.10Nov 22, 2024