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 49,265 - -
Change - 17.04% 22.14% 36.46% 31.48% -1.71% - -
Enterprise Value (EV) 1 21,367 25,024 29,887 40,283 52,417 53,454 52,893 53,171
Change - 17.12% 19.44% 34.78% 30.12% 1.98% -1.05% 0.53%
P/E 30.2x 28.9x 28.2x 33.1x 38.8x 35.4x 31.3x 27.6x
PBR - 814x - 32.5x 34.9x 23x 16.8x 16.8x
PEG - 1.1x 1x 2x 2.8x 3.72x 2.4x 2x
Capitalization / Revenue 4.51x 4.53x 4.76x 5.94x 6.91x 6.06x 5.68x 5.27x
EV / Revenue 4.93x 4.95x 5.09x 6.28x 7.22x 6.57x 6.09x 5.69x
EV / EBITDA 16.7x 16.4x 16.1x 19x 21.9x 20.6x 18.6x 16.8x
EV / EBIT 21.7x 21x 20x 23.5x 27x 25.8x 23x 20.4x
EV / FCF 23.6x 35.1x 23.9x 28.8x 35.2x 45.2x 33.8x 29.3x
FCF Yield 4.24% 2.85% 4.19% 3.47% 2.84% 2.21% 2.96% 3.42%
Dividend per Share 2 0.2012 0.2212 0.2832 0.368 0.4232 0.4717 0.5217 0.578
Rate of return 0.31% 0.28% 0.28% 0.27% 0.23% 0.26% 0.28% 0.31%
EPS 2 2.18 2.76 3.56 4.16 4.73 5.18 5.857 6.659
Distribution rate 9.23% 8.01% 7.96% 8.85% 8.95% 9.11% 8.91% 8.68%
Net sales 1 4,331 5,053 5,867 6,413 7,256 8,131 8,681 9,343
EBITDA 1 1,283 1,523 1,861 2,122 2,398 2,596 2,844 3,159
EBIT 1 984.6 1,192 1,496 1,711 1,938 2,071 2,303 2,608
Net income 1 663.2 801.9 1,010 1,169 1,309 1,408 1,562 1,756
Net Debt 1 1,823 2,151 1,950 2,160 2,294 4,190 3,628 3,907
Reference price 2 65.81 79.90 100.22 137.53 183.50 183.57 183.57 183.57
Nbr of stocks (in thousands) 296,965 286,272 278,755 277,200 273,153 268,370 - -
Announcement Date 30/03/22 29/03/23 04/04/24 03/04/25 24/03/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
44.88x1.32x27.76x0.56% 409B
15.18x0.75x8.63x2.9% 71.53B
15.41x0.81x8.11x3.22% 45.27B
35.44x6.57x20.59x0.26% 34.85B
15.79x0.69x8.54x1.92% 27.54B
18.63x0.95x10.25x1.22% 13.53B
16.21x1.58x7.59x1.47% 6.24B
18.22x1.6x11.26x-.--% 5B
15.73x0.51x7.58x4.54% 4.53B
Average 21.72x 1.64x 12.26x 1.79% 68.61B
Weighted average by Cap. 36.15x 1.47x 21.98x 1.12%

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