Company Valuation: Dundee Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 143.3 124.7 125.1 81.55 127.9 342
Change - -12.98% 0.31% -34.8% 56.8% 167.46%
Enterprise Value (EV) 1 73.1 40.05 86.57 76.13 108.5 199.8
Change - -45.22% 116.17% -12.05% 42.51% 84.12%
P/E ratio -2.01x -1.3x 10.1x -2.13x 2.38x 1.16x
PBR 0.38x 0.48x 0.45x 0.33x 0.45x 0.56x
PEG - -0x -0x 0x -0x 0x
Capitalization / Revenue 4.42x 6.76x 14.5x 12x 27.6x 63.8x
EV / Revenue 2.25x 2.17x 10x 11.2x 23.4x 37.2x
EV / EBITDA -2.67x -3.14x -4.38x -6.47x -8.36x -19.2x
EV / EBIT -2.37x -2.05x -4.16x -5.75x -7.79x -17.6x
EV / FCF 10.1x 525x -4.78x 23.4x -12.3x -4.89x
FCF Yield 9.91% 0.19% -20.9% 4.28% -8.12% -20.5%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.6911 -1.093 0.14 -0.4328 0.6 3.27
Distribution rate - - - - - -
Net sales 1 32.42 18.45 8.654 6.792 4.633 5.364
EBITDA 1 -27.41 -12.76 -19.75 -11.76 -12.97 -10.43
EBIT 1 -30.89 -19.54 -20.81 -13.24 -13.93 -11.35
Net income 1 -65.39 -93.02 17.11 -38.81 59.11 320.5
Net Debt 1 -70.2 -84.65 -38.51 -5.412 -19.37 -142.2
Reference price 2 1.390 1.420 1.420 0.920 1.430 3.800
Nbr of stocks (in thousands) 103,093 87,812 88,083 88,636 89,415 89,994
Announcement Date 3/30/21 3/28/22 3/28/23 3/28/24 3/25/25 3/25/26
1CAD in Million2CAD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 287M
21.37x5.51x12.02x2.29% 155B
13.11x3x - 2.93% 128B
15.22x6.84x - 1.74% 87.79B
21.89x11.21x16.57x4.47% 72.29B
10.45x1.5x4.88x1.5% 40.48B
11.77x4.71x - 2.49% 38.62B
4.62x4.32x4.46x3.02% 36.89B
14.47x5.09x16.72x2.13% 28.21B
Average 14.11x 5.27x 10.93x 2.57% 65.37B
Weighted average by Cap. 15.95x 5.44x 11.70x 2.61%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. DC.A Stock
  4. Valuation Dundee Corporation