Company Valuation: Dollarama Inc.

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 19,543 22,873 27,937 38,123 50,124 49,621 - -
Change - 17.04% 22.14% 36.46% 31.48% -1% - -
Enterprise Value (EV) 1 21,367 25,024 29,887 40,283 52,417 54,082 53,826 53,853
Change - 17.12% 19.44% 34.78% 30.12% 3.18% -0.47% 0.05%
P/E 30.2x 28.9x 28.2x 33.1x 38.8x 35.4x 31.4x 27.2x
PBR - 814x - 32.5x 34.9x 26.3x 20.1x 16.5x
PEG - 1.1x 1x 2x 2.8x 3.73x 2.4x 1.8x
Capitalization / Revenue 4.51x 4.53x 4.76x 5.94x 6.91x 6.11x 5.74x 5.28x
EV / Revenue 4.93x 4.95x 5.09x 6.28x 7.22x 6.66x 6.22x 5.73x
EV / EBITDA 16.7x 16.4x 16.1x 19x 21.9x 20.8x 18.9x 17x
EV / EBIT 21.7x 21x 20x 23.5x 27x 25.9x 23.3x 21x
EV / FCF 23.6x 35.1x 23.9x 28.8x - 41.8x 33.5x 27.2x
FCF Yield 4.24% 2.85% 4.19% 3.47% - 2.39% 2.98% 3.67%
Dividend per Share 2 0.2012 0.2212 0.2832 0.368 0.4232 0.475 0.5175 0.6425
Rate of return 0.31% 0.28% 0.28% 0.27% 0.23% 0.26% 0.28% 0.35%
EPS 2 2.18 2.76 3.56 4.16 4.73 5.178 5.849 6.751
Distribution rate 9.23% 8.01% 7.96% 8.85% 8.95% 9.17% 8.85% 9.52%
Net sales 1 4,331 5,053 5,867 6,413 7,256 8,120 8,652 9,405
EBITDA 1 1,283 1,523 1,861 2,122 2,398 2,600 2,852 3,167
EBIT 1 984.6 1,192 1,496 1,711 1,938 2,088 2,313 2,560
Net income 1 663.2 801.9 1,010 1,169 1,309 1,411 1,568 1,788
Net Debt 1 1,823 2,151 1,950 2,160 2,294 4,461 4,206 4,232
Reference price 2 65.81 79.90 100.22 137.53 183.50 183.43 183.43 183.43
Nbr of stocks (in thousands) 296,965 286,272 278,755 277,200 273,153 270,515 - -
Announcement Date 30/03/22 29/03/23 04/04/24 03/04/25 24/03/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
44.35x1.3x27.44x0.58% 405B
15.99x0.67x8.54x3.44% 60.08B
15.61x0.85x8.28x3.13% 48.17B
15.71x0.63x8.1x2.06% 25.53B
22.79x1.15x12.35x0.99% 16.04B
15.09x1.37x6.85x1.58% 5.56B
15.63x0.53x7.86x4.59% 4.65B
14.15x1.15x8.24x-.--% 3.85B
9.57x0.68x5.45x5.13% 2.65B
Average 18.76x 0.93x 10.35x 2.39% 63.49B
Weighted average by Cap. 36.18x 1.16x 21.96x 1.23%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield