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 51,487 - -
Change - 17.04% 22.14% 36.46% 31.48% 2.72% - -
Enterprise Value (EV) 1 21,367 25,024 29,887 40,283 52,417 55,948 55,692 55,719
Change - 17.12% 19.44% 34.78% 30.12% 6.74% -0.46% 0.05%
P/E 30.2x 28.9x 28.2x 33.1x 38.8x 36.9x 32.7x 28.3x
PBR - 814x - 32.5x 34.9x 27.4x 21x 17.2x
PEG - 1.1x 1x 2x 2.8x 3.93x 2.5x 1.8x
Capitalization / Revenue 4.51x 4.53x 4.76x 5.94x 6.91x 6.34x 5.95x 5.47x
EV / Revenue 4.93x 4.95x 5.09x 6.28x 7.22x 6.89x 6.44x 5.92x
EV / EBITDA 16.7x 16.4x 16.1x 19x 21.9x 21.5x 19.5x 17.6x
EV / EBIT 21.7x 21x 20x 23.5x 27x 26.8x 24.1x 21.8x
EV / FCF 23.6x 35.1x 23.9x 28.8x - 43.2x 34.7x 28.1x
FCF Yield 4.24% 2.85% 4.19% 3.47% - 2.31% 2.88% 3.56%
Dividend per Share 2 0.2012 0.2212 0.2832 0.368 0.4232 0.476 0.518 0.6425
Rate of return 0.31% 0.28% 0.28% 0.27% 0.23% 0.25% 0.27% 0.34%
EPS 2 2.18 2.76 3.56 4.16 4.73 5.174 5.838 6.748
Distribution rate 9.23% 8.01% 7.96% 8.85% 8.95% 9.2% 8.87% 9.52%
Net sales 1 4,331 5,053 5,867 6,413 7,256 8,120 8,652 9,408
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 2,087 2,313 2,557
Net income 1 663.2 801.9 1,010 1,169 1,309 1,410 1,568 1,787
Net Debt 1 1,823 2,151 1,950 2,160 2,294 4,461 4,206 4,232
Reference price 2 65.81 79.90 100.22 137.53 183.50 190.97 190.97 190.97
Nbr of stocks (in thousands) 296,965 286,272 278,755 277,200 273,153 269,607 - -
Announcement Date 30/3/22 29/3/23 4/4/24 3/4/25 24/3/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
46.24x1.36x28.61x0.56% 422B
17.43x0.72x9.17x3.15% 65.63B
16.35x0.87x8.53x3.03% 49.9B
17.21x0.69x8.81x1.88% 28.03B
23.61x1.18x12.76x0.96% 16.92B
17.42x1.63x7.92x1.43% 6.77B
15.74x0.53x7.91x4.53% 4.65B
16.33x1.35x9.67x-.--% 4.44B
10.52x0.72x5.81x4.49% 3.01B
Average 20.09x 1.01x 11.02x 2.22% 66.83B
Weighted average by Cap. 37.67x 1.21x 22.81x 1.17%

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