Guzman y Gomez Limited

This report is an updated version of report published on 19th Feb 2026 as on 3:09 PM AEDT

Kalkine’s Global Travel & Leisure Report offers a comprehensive view of the key companies and evolving trends across the travel value chain covering countries including US, Canada, Australia, UK, and New Zealand. This includes airlines, hospitality chains, digital travel platforms, as well as the rapidly growing leisure, entertainment, and gaming segments that are redefining the way people engage with travel experiences.

The Australian restaurant industry forms an important part of the broader hospitality and food service sector, covering a range of dining formats including full-service restaurants, casual dining, fast food, and quick service restaurants (QSR). Dining out is a regular part of Australian lifestyle, with consumers valuing food experiences in social and tourism-related settings. The sector contributes to national income and employment, with the wider hospitality industry recording $66.3 billion in dining-out turnover in FY2025, despite ongoing cost-of-living pressures.

In 2024–25, Australia’s tourism sector continued to support industry activity, with tourism GDP rising 3.8% to $81.1 billion in current price terms. Tourism gross value added (GVA) reached $69.5 billion, while net taxes on tourism-related products stood at $11.6 billion. Cafes, restaurants, and takeaway food services added $0.27 billion in GVA, reflecting their connection with tourism demand. In addition, expenditure on takeaway and restaurant meals increased by $1.0 billion (3.2%) to $32.1 billion, indicating steady growth in food-related tourism spending.

(Source: Australian Bureau of Statistics (ABS), Tourism Satellite Account and National Accounts Data, 2024–25)

The restaurant landscape remains geographically concentrated in major population centres. New South Wales, Victoria, and Queensland together account for over four-fifths of restaurants in Australia, highlighting the close relationship between urban lifestyles, tourism flows, and sustained dining demand.

Looking forward, the Australian restaurant industry is positioned for moderate yet steady growth over the medium-term:

Based on the above data, one ASX-listed Travel & Leisure stock has been identified to showcase the momentum.

Section 1: Company Overview and Fundamentals Insights

Company Overview: Guzman y Gomez Limited (ASX: GYG) is an Australian Quick Service Restaurant (QSR) brand, known for its clean, fresh, and made-to-order Mexican-inspired cuisine. Since opening its first restaurant in Sydney in 2006, GYG has expanded to over 256 locations across four countries. Headquartered in Surry Hills, Sydney, the company was listed on the ASX in June 2024. Kalkine’s Global Travel & Leisure Report covers the Investment Highlights, Management Commentary, Key Financial Metrics, Risks, and Technical Analysis along with the Valuation, Target Price, and Recommendation on the stock.

1.2 The Key Positives, Negatives, Investment Highlights, and Risks

1.3 Top 10 Shareholders:

The top 10 shareholders together form ~87.15% of the total shareholding. TDM Growth Partners and Pinnacle Investment Management Group Ltd. hold maximum stakes of 20.50% and 13.73%, respectively. 

1.4 Key Metrics: GYG’s global restaurant network increased to 256 in FY25 compared to 220 in FY24. Below is captured other metrics:

Section 2: Business Updates, Financial and Operational Highlights

2.1 Recent Business Updates:

2.2 FY25 Results Highlights (for the 12 months ended 30 June 2025): Below mentioned are some key financial highlights:  

2.3 Historical Financial Trend

Section 3: Key Risks and Outlook:

Section 4: Stock Recommendation Summary

4.1 Price Performance and Technical Summary

The stock has decreased by ~9.67% in the last three months, whereas over the past one year, stock has decreased by ~55.05%. The stock has a 52-week low and 52-week high of AUD 18.580 and AUD 45.990, respectively, and is currently trading below the 52-week high-low average. GYG was last covered in a report dated ‘23 January 2026’.

4.2 Fundamental Valuation and Stock Recommendation

Markets are trading in a highly volatile zone currently due to certain macro-economic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is neither an indicator nor a guarantee of future performance. 

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 19 February 2026. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided have been achieved and is subject to the factors discussed above.

Note 4: Dividend Yield may vary as per the stock price movement.

Note 5: Kalkine reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 25-30 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice. 

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.