Company Valuation: Dollarama Inc.

Data adjusted to current consolidation scope
Fiscal Period: February 2022 2023 2024 2025 2026 2027 2028 2029
Capitalization 1 19,543 22,873 27,937 38,123 50,124 48,172 - -
Change - 17.04% 22.14% 36.46% 31.48% -3.89% - -
Enterprise Value (EV) 1 21,367 25,024 29,887 40,283 52,417 53,306 52,376 52,019
Change - 17.12% 19.44% 34.78% 30.12% 1.7% -1.75% -0.68%
P/E ratio 30.2x 28.9x 28.2x 33.1x 38.8x 34.4x 30.3x 26.3x
PBR - 814x - 32.5x 34.9x 23.6x 18.6x 15.6x
PEG - 1.1x 1x 2x 2.8x 3.96x 2.2x 1.7x
Capitalization / Revenue 4.51x 4.53x 4.76x 5.94x 6.91x 5.95x 5.57x 5.16x
EV / Revenue 4.93x 4.95x 5.09x 6.28x 7.22x 6.58x 6.06x 5.57x
EV / EBITDA 16.7x 16.4x 16.1x 19x 21.9x 20.6x 18.4x 16.5x
EV / EBIT 21.7x 21x 20x 23.5x 27x 25.1x 22.2x 20.3x
EV / FCF 23.6x 35.1x 23.9x 28.8x - 50.9x 37.5x 25.5x
FCF Yield 4.24% 2.85% 4.19% 3.47% - 1.96% 2.67% 3.93%
Dividend per Share 2 0.2012 0.2212 0.2832 0.368 0.4232 0.5025 0.56 0.6667
Rate of return 0.31% 0.28% 0.28% 0.27% 0.23% 0.28% 0.32% 0.38%
EPS 2 2.18 2.76 3.56 4.16 4.73 5.141 5.844 6.73
Distribution rate 9.23% 8.01% 7.96% 8.85% 8.95% 9.77% 9.58% 9.91%
Net sales 1 4,331 5,053 5,867 6,413 7,256 8,099 8,647 9,342
EBITDA 1 1,283 1,523 1,861 2,122 2,398 2,588 2,849 3,148
EBIT 1 984.6 1,192 1,496 1,711 1,938 2,125 2,362 2,565
Net income 1 663.2 801.9 1,010 1,169 1,309 1,408 1,584 1,787
Net Debt 1 1,823 2,151 1,950 2,160 2,294 5,134 4,203 3,846
Reference price 2 65.81 79.90 100.22 137.53 183.50 176.82 176.82 176.82
Nbr of stocks (in thousands) 296,965 286,272 278,755 277,200 273,153 272,438 - -
Announcement Date 30/3/22 29/3/23 4/4/24 3/4/25 24/3/26 - - -
1CAD in Million2CAD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.39x6.58x20.6x0.28% 34.84B
48.82x1.44x30.14x0.55% 443B
18.24x0.98x9.56x2.89% 57.81B
15.4x0.64x8.2x3.79% 55.2B
15.94x0.64x8.21x2.08% 25.49B
19.58x1.24x13.35x1.19% 17.63B
20.1x1.68x12.14x-.--% 5.48B
16.33x0.58x8.53x4.4% 5.14B
13.94x1.06x5.32x1.66% 4.4B
151.88x0.61x12.44x0.37% 3.43B
Average 35.46x 1.54x 12.85x 1.72% 65.24B
Weighted average by Cap. 40.25x 1.56x 24.06x 1.13%

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

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