Expansion In Canada, Mexico And Australia Will Unlock New Markets

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

07 Nov 24

Updated

19 Dec 25

Views

686

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

46.8%

7D

0.6%

Loading

1Y

46.8%

7D

0.6%

You can edit this narrative until Dec 20 2:10 AM. Then, changes will post as Updates.

Author's Valuation

CA$211.383.8% undervalued

AnalystConsensusTarget Fair Value

Shared on 19 Dec 25

Fair value Increased 5.26%

DOL: International Expansion Will Support Future Upside While Risks Keep Outlook Balanced

Analysts have raised their price target on Dollarama from approximately $201 to $211. This reflects modestly lower assumed revenue growth, slightly improved profit margin expectations, and a higher future price-to-earnings multiple.

Shared on 04 Dec 25

Fair value Increased 1.01%

DOL: International Expansion Will Drive Long-Term Upside Despite Premium Pricing

Analysts have nudged their fair value estimate for Dollarama higher from C$198.81 to C$200.81, citing stronger expected revenue growth and international expansion potential. They believe these factors outweigh a modestly higher discount rate and slightly lower projected profit margins.

Shared on 18 Sep 25

Fair value Increased 1.06%

Analysts have modestly raised Dollarama’s price target to CA$198.81, citing superior productivity, cross-demographic appeal, growth potential in underpenetrated markets, and resilient execution that justifies its premium valuation despite ongoing concerns over elevated price levels. Analyst Commentary Bullish analysts point to Dollarama's superior productivity compared to U.S. peers and its widespread appeal across all income cohorts.

Shared on 30 Aug 25

Fair value Decreased 1.04%

Analysts have modestly lowered Dollarama’s price target to CA$196.73, balancing confidence in resilient sales and margin improvements against concerns over slower earnings growth, macroeconomic headwinds, and valuation pressures. Analyst Commentary Bullish analysts cite continued strength in same-store sales growth and sustained high demand for value retail.

Shared on 01 May 25

Fair value Increased 19%

Shared on 23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Increased 0.55%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Decreased 16%

AnalystConsensusTarget has decreased revenue growth from 8.1% to 7.2%.

Shared on 02 Apr 25

Fair value Increased 30%

Shared on 26 Mar 25

Fair value Increased 0.64%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Decreased 5.04%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 12 Mar 25

Fair value Decreased 19%

AnalystConsensusTarget has increased revenue growth from 7.3% to 8.1%, decreased future PE multiple from 40.3x to 34.6x and increased shares outstanding growth rate from -0.0% to -0.0%.

AnalystConsensusTarget Fair Value

CA$211.38

3.8% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

9.13%

General Merchandise and Department Stores revenue growth rate

0.41%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

7.66%

Calculation

CA$1.77b

Earnings '28

x

39.24x

PE Ratio '28

=

CA$69.35b

Market Cap '28

CA$69.35b

Market Cap '28

/

263.50m

No. shares '28

=

CA$263.20

Share Price '28

CA$263.20 Share Price '28

Discounted to 2025 @ 7.65% p.a.

=

CA$210.97

Fair Value '25