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 50,408 - -
Change - 17.04% 22.14% 36.46% 31.48% 0.57% - -
Enterprise Value (EV) 1 21,367 25,024 29,887 40,283 52,417 54,869 54,614 54,641
Change - 17.12% 19.44% 34.78% 30.12% 4.68% -0.47% 0.05%
P/E 30.2x 28.9x 28.2x 33.1x 38.8x 35.9x 31.8x 27.6x
PBR - 814x - 32.5x 34.9x 26.7x 20.4x 16.8x
PEG - 1.1x 1x 2x 2.8x 3.79x 2.5x 1.8x
Capitalization / Revenue 4.51x 4.53x 4.76x 5.94x 6.91x 6.21x 5.83x 5.36x
EV / Revenue 4.93x 4.95x 5.09x 6.28x 7.22x 6.76x 6.31x 5.81x
EV / EBITDA 16.7x 16.4x 16.1x 19x 21.9x 21.1x 19.1x 17.3x
EV / EBIT 21.7x 21x 20x 23.5x 27x 26.3x 23.6x 21.3x
EV / FCF 23.6x 35.1x 23.9x 28.8x - 42.4x 34x 27.6x
FCF Yield 4.24% 2.85% 4.19% 3.47% - 2.36% 2.94% 3.62%
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 79.90 100.22 137.53 183.50 186.16 186.16 186.16
Nbr of stocks (in thousands) 296,965 286,272 278,755 277,200 273,153 270,779 - -
Announcement Date 3/30/22 3/29/23 4/4/24 4/3/25 3/24/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
46.18x1.36x28.6x0.56% 421B
15.25x0.64x8.21x3.61% 57.27B
15.62x0.85x8.27x3.13% 48.44B
15.78x0.64x8.13x2.05% 25.65B
22.31x1.12x12.11x1.02% 15.7B
14.83x1.35x6.74x1.6% 5.46B
15.83x0.54x7.99x4.53% 4.85B
15.36x1.25x8.98x-.--% 4.18B
9.59x0.68x5.45x5.13% 2.64B
Average 18.97x 0.94x 10.50x 2.4% 65.07B
Weighted average by Cap. 37.73x 1.20x 22.97x 1.21%

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