QSR

Restaurant Brands International Inc

Consumer


Presented:11/22/2013
Price:$20.37
Cap:$7.15B
Current Price:$71.21
Cap:$22.58B

Presented

Date11/22/2013
Price$20.37
Market Cap$7.15B
Ent Value$9.43B
P/E RatioN/A
Book Value$9.26
Div Yield0.9%
Shares O/S351.25M
Ave Daily Vol750,000
Short Int1.72%

Current

Price$71.21
Market Cap$22.58B
Restaurant Brands International Inc. owns and operates quick service restaurants under the Burger King and Tim Hortons brand names. As of February 17, 2015, it franchised or owned 19,043 restaurants in approximately 100 countries and U.S. territories worldwide. The company was founded in 1954 and is headquartered in Oakville, Canada

Please note, this idea was updated on 10/26/2014 and can be read here: LONG - Restaurant Brands International Inc (QSR)

Highlights

Acquired by the private equity arm of 3G Capital in 2010 and currently levered at around 3 times, QSR chain Burger King is poised to refinance large tranches of debt at about 4% versus the approximate 11% interest rate it pays today. With the ability to pay an approximate $2 dividend in perpetuity, the presenter is long the stock on the reasoning that shares simply can’t trade at a 10% dividend yield for very long.

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Idea Discussion

Commentor 1 - 2 weeks ago

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