What is the intrinsic value of BPF.UN.TO?

As of 2026-01-03, the Intrinsic Value of Boston Pizza Royalties Income Fund (BPF.UN.TO) is 25.63 CAD. This BPF.UN.TO valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 22.60 CAD, the upside of Boston Pizza Royalties Income Fund is 13.40%.

The range of the Intrinsic Value is 19.59 - 36.36 CAD

Is BPF.UN.TO undervalued or overvalued?

Based on its market price of 22.60 CAD and our intrinsic valuation, Boston Pizza Royalties Income Fund (BPF.UN.TO) is undervalued by 13.40%.

	Range	Selected	Upside
a
DCF (Growth 5y)	19.59 - 36.36	25.63	13.4%
DCF (Growth 10y)	22.43 - 40.02	28.79	27.4%
DCF (EBITDA 5y)	18.01 - 22.93	21.11	-6.6%
DCF (EBITDA 10y)	21.11 - 27.76	24.86	10.0%
Fair Value	44.24 - 44.24	44.24	95.73%
P/E	20.24 - 26.79	24.02	6.3%
EV/EBITDA	14.50 - 20.12	18.01	-20.3%
EPV	17.91 - 26.08	22.00	-2.7%
DDM - Stable	16.05 - 36.55	26.30	16.4%
DDM - Multi	19.53 - 33.30	24.50	8.4%