TSE:QSR

Restaurant Brands International (QSR.TO)

100.69
-0.40 (0.40%)
as of Jun 4, 2026, 6:58:06 pm Market Open.
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Investor Insights
star iconJun 4, 2026, 12:00 am

This summary was created by AI, based on 10 opinions in the last 12 months.

Restaurant Brands International (QSR) is experiencing a mixed performance across its brands like Tim Hortons, Burger King, and Popeyes, with a notable shift in focus towards Burger King. Recent reviews highlight headwinds such as rising food and delivery costs, particularly beef prices, which have impacted profit margins. Experts indicate that Tim Hortons is undervalued and performing well while Burger King is still in a turnaround phase amid stiff competition. Despite concerns regarding consumer spending and high debt levels, there is optimism surrounding the company's future cash flow generation and potential dividend increases. The company's long-term prospects remain relatively stable, appealing to conservative investors seeking consistent income despite short-term volatility.

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Consensus
Cautious
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Valuation
Fair Value
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Similar
MDLZ
BUY
Turnaround at Tim's seems complete. A reopening and turnaround play. Very cheap compared to competitors. Facing labour shortages and inflation. Back to pre-pandemic levels. Very reasonable value.
BUY
Allan Tong’s Discover Picks Lockdowns and downgrades have pushed QSR shares down to attractive PE levels, currently 23x compared to 33x at the end of 2020 and 27.78x at the end of last September. QSR currently trades hands at $71, which is below both its 50- and 200-day moving averages. Meanwhile, QSR pays a 3.79% dividend, though based on a high 87% payout ratio. That's a little concerning, but not a red flag. Read 3 Promising Reopening Stocks 2022 for our full analysis.
BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Likes it at these levels. Has a strong market position and international expansion will be positive in the long term. Shares are trading at historical lows. Debt is 6x cashflow so a little high, but manageable. Unlock Premium - Try 5i Free

Unspecified
Believes company is a good company, however not exceptional. Problems with franchise owners. Company will be around for a long time and is predictable. Type of company that could be valued if educated on products.
BUY
Disappointing. Wage inflation, Tim's and Burger King issues, Covid, indebted. Bull case is acquisition of Firehouse Subs, with chance to grow globally. Other brands can grow globally with menu innovation, signage. Anemic valuation for growth rate. Nice dividend. At current levels, sell puts. Buy under $70. Stock probably doubles in next 5 years.
SHORT
Price momentum has not been great. Valuation has gotten a little cheaper. Still in the middle of the pack. Good return on equity with 20x price to earnings. Fair amount of debt. 18x EBITDA. Struggled in some ways. Buying companies and stripping out cost does not always result in the best customer experience. Need to show that they are able to perform.
DON'T BUY
Under pressure. Well below 200-day MA, and trend lines are negative. Perhaps a value opportunity, now with the pandemic easing. He's not ready to jump in yet. Not sure that Tim's is out of its rough tumble. Yield is 3.6%.
TOP PICK
It took a beating but as we re-open, he thinks opening of dining rooms will bring back pent-up demand. The street has beaten the name up beyond where the fundamentals suggest. He thinks we will see a turn-around in this name. (Analysts’ price target is $87.29)
HOLD

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. EPS beat expectations but sales were 2% less than estimates. Burger King and Tim Hortons continue to chug along with their strategy. A work in progress and investors do not like the sales miss. Unlock Premium - Try 5i Free

DON'T BUY
Sold over concerns from pandemic. Tim's is having troubles with lower traffic due to work from home. Tim's represents 56% of revenue, so it's a problem if it doesn't pick up steam. The other franchises are doing well. Below 200-day MA, which has flatlined. Attractive yield of 3.6%, but you have to look at it from a total return perspective.
BUY
Investors are worried about Tim's turnaround, rising costs. Stock's way too cheap relative to the group. Good dividend. Sales up 31%. Growing around 14%, trading around 20x. Ability to grow is profound. Buy it around $79-80, and you can get a double in the next 5 years.
BUY
A defensive play. It's trading off its highs. A good choice for a portfolio because it adds defense. Valuations are better now. Tim Horton's re-launching the Roll Up To Win campaign is smart.
WEAK BUY
There was a recent announcement that Tim Horton's was going public through a SPAC. Doesn't think it will affect the North American holdings significantly at all. A mix of different fast food companies. Should continue to do okay. Not his preferred play, but a good choice in the food services space.
DON'T BUY

Doesn't see a ton of dividend growth ahead. Even though there's growth in Popeye's, it provides only 11% of total revenues, so it will be hard to affect the whole company. Instead, he'd suggest SBUX on a pullback, DPZ or YUMC (which he owns). It will perform OK, but have to keep our eyes on the Delta variant. Yield is about 3.3%, and thinks it's secure.

BUY
I a good entry point now, despite the 38x PE. The stock is kinda underowned, with some saying QSR locations are saturated in Canada. WSR has done well in the last quarter. EPS growth is 22% and pays a 3.3% dividend yield. Likes it.
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