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 51,611 - -
Change - 17.04% 22.14% 36.46% 31.48% 2.97% - -
Enterprise Value (EV) 1 21,367 25,024 29,887 40,283 52,417 56,072 55,816 55,843
Change - 17.12% 19.44% 34.78% 30.12% 6.97% -0.46% 0.05%
P/E 30.2x 28.9x 28.2x 33.1x 38.8x 37x 32.8x 28.4x
PBR - 814x - 32.5x 34.9x 27.5x 21x 17.2x
PEG - 1.1x 1x 2x 2.8x 3.93x 2.6x 1.8x
Capitalization / Revenue 4.51x 4.53x 4.76x 5.94x 6.91x 6.36x 5.97x 5.49x
EV / Revenue 4.93x 4.95x 5.09x 6.28x 7.22x 6.91x 6.45x 5.94x
EV / EBITDA 16.7x 16.4x 16.1x 19x 21.9x 21.6x 19.6x 17.6x
EV / EBIT 21.7x 21x 20x 23.5x 27x 26.9x 24.1x 21.8x
EV / FCF 23.6x 35.1x 23.9x 28.8x - 43.3x 34.8x 28.2x
FCF Yield 4.24% 2.85% 4.19% 3.47% - 2.31% 2.88% 3.54%
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 5.175 5.839 6.751
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 9,405
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 79.90 100.22 137.53 183.50 191.43 191.43 191.43
Nbr of stocks (in thousands) 296,965 286,272 278,755 277,200 273,153 269,607 - -
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.($)
46.35x1.36x28.68x0.56% 423B
17.43x0.72x9.17x3.15% 65.64B
16.33x0.87x8.57x3.03% 49.8B
17.29x0.69x8.84x1.87% 28.12B
24.64x1.23x13.27x0.92% 17.65B
17.24x1.62x7.86x1.44% 6.71B
15.64x0.53x7.88x4.56% 4.62B
16.17x1.33x9.57x-.--% 4.4B
10.65x0.73x5.85x4.43% 3.05B
Average 20.19x 1.01x 11.08x 2.22% 67.02B
Weighted average by Cap. 37.77x 1.21x 22.88x 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