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Dollarama Inc.TSX:DOL Stock Report

Market Cap CA$47.3b
Share Price
CA$173.83
CA$211.38
17.8% undervalued intrinsic discount
1Y2.5%
7D0.9%
Portfolio Value
View

Dollarama Inc.

TSX:DOL Stock Report

Market Cap: CA$47.3b

Dollarama (DOL) Stock Overview

Operates a chain of stores and provides related logistical and administrative support activities. More details

DOL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance3/6
Financial Health4/6
Dividends0/6

DOL Community Fair Values

Create Narrative

See what 115 others think this stock is worth. Follow their fair value or set your own to get alerts.

Dollarama Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Dollarama
Historical stock prices
Current Share PriceCA$175.12
52 Week HighCA$209.96
52 Week LowCA$160.39
Beta0.37
1 Month Change0.39%
3 Month Change-8.92%
1 Year Change2.48%
3 Year Change107.39%
5 Year Change229.36%
Change since IPO5,291.07%

Recent News & Updates

Narrative Update May 02

DOL: Buybacks And Dividend Increase Will Support Higher Long Term P/E

Dollarama's analyst price targets have been trimmed, with several firms cutting their views by CA$2 to CA$20 as analysts weigh slightly revised assumptions around discount rates, revenue growth, profit margins, and future P/E. Analyst Commentary Recent research updates show a mix of trimmed price targets and one upgrade, which signals that views on Dollarama are not uniform.
Narrative Update Apr 16

DOL: Share Repurchases And Dividend Increases Will Support Higher Future P/E

Dollarama's analyst fair value estimate has been trimmed by CA$3 to CA$232 as analysts adjust their price targets and supporting assumptions around growth, profitability, and P/E multiples in light of recent Street research updates. Analyst Commentary Recent Street research shows a broad reset of price targets on Dollarama, with several firms trimming their estimates while keeping a close eye on execution, growth prospects, and valuation discipline.
Narrative Update Apr 02

DOL: Cautious Outlook On P/E Assumptions Will Likely Pressure Shares

Analysts have trimmed their CA$ price targets on Dollarama, and the updated fair value estimate has shifted from CA$166.73 to CA$153.59 as they factor in more conservative assumptions for revenue growth, profit margins, and long term P/E multiples. Analyst Commentary Recent Street research reflects a more cautious tone around Dollarama, with several bearish analysts trimming price targets by amounts ranging from CA$2 to CA$20.

Recent updates

Narrative Update May 02

DOL: Buybacks And Dividend Increase Will Support Higher Long Term P/E

Dollarama's analyst price targets have been trimmed, with several firms cutting their views by CA$2 to CA$20 as analysts weigh slightly revised assumptions around discount rates, revenue growth, profit margins, and future P/E. Analyst Commentary Recent research updates show a mix of trimmed price targets and one upgrade, which signals that views on Dollarama are not uniform.
Narrative Update Apr 16

DOL: Share Repurchases And Dividend Increases Will Support Higher Future P/E

Dollarama's analyst fair value estimate has been trimmed by CA$3 to CA$232 as analysts adjust their price targets and supporting assumptions around growth, profitability, and P/E multiples in light of recent Street research updates. Analyst Commentary Recent Street research shows a broad reset of price targets on Dollarama, with several firms trimming their estimates while keeping a close eye on execution, growth prospects, and valuation discipline.
Narrative Update Apr 02

DOL: Cautious Outlook On P/E Assumptions Will Likely Pressure Shares

Analysts have trimmed their CA$ price targets on Dollarama, and the updated fair value estimate has shifted from CA$166.73 to CA$153.59 as they factor in more conservative assumptions for revenue growth, profit margins, and long term P/E multiples. Analyst Commentary Recent Street research reflects a more cautious tone around Dollarama, with several bearish analysts trimming price targets by amounts ranging from CA$2 to CA$20.
Analysis Article Mar 27

Dollarama Inc. (TSE:DOL) Just Reported, And Analysts Assigned A CA$197 Price Target

Last week, you might have seen that Dollarama Inc. ( TSE:DOL ) released its annual result to the market. The early...
Narrative Update Mar 18

DOL: Higher Implied P/E Will Likely Leave Shares Vulnerable To Repricing

Analysts have revised their Dollarama price target higher to CA$166.73 from CA$160.92, citing updated assumptions around revenue growth, profit margins, discount rate, and future P/E that modestly adjust their valuation outlook. Valuation Changes Fair Value: CA$160.92 to CA$166.73, reflecting a slightly higher assessed value per share.
Narrative Update Mar 04

DOL: Share Repurchases Will Support Higher Margins And Future P/E Assumptions

Analysts are keeping their CA$235.00 target for Dollarama unchanged, citing slightly higher assumed revenue growth and profit margins, along with a modestly higher discount rate and a lower future P/E, which together offset each other in their valuation work. What's in the News Dollarama completed a share repurchase tranche between August 4, 2025 and November 2, 2025, buying back 2,605,912 shares for CA$484.6 million.
Narrative Update Feb 18

DOL: Share Buybacks Will Likely Fail To Justify Elevated P/E

Analysts have nudged their CA$ price target for Dollarama slightly higher, reflecting small model adjustments to the discount rate, revenue growth outlook, profit margin assumptions, and future P/E expectations. What's in the News From August 4, 2025 to November 2, 2025, Dollarama repurchased 2,605,912 shares for CA$484.6 million, representing 0.94% of its shares.
Analysis Article Feb 11

A Look At The Intrinsic Value Of Dollarama Inc. (TSE:DOL)

Key Insights Dollarama's estimated fair value is CA$210 based on 2 Stage Free Cash Flow to Equity Dollarama's CA$188...
Narrative Update Feb 04

DOL: Future Buybacks Will Likely Prove Insufficient To Justify Rich Pricing

Analysts have raised their fair value estimate for Dollarama from $147.82 to $160.92, reflecting updated views on its discount rate, revenue growth, profit margins and future P/E assumptions. What's in the News Dollarama completed a share repurchase of 2,605,912 shares, equal to 0.94% of its outstanding shares, between August 4, 2025 and November 2, 2025 under its previously announced buyback program.
Narrative Update Jan 21

DOL: Buybacks And International Expansion Will Shape Balanced Future Upside Outlook

Analysts have modestly adjusted their price expectations for Dollarama, with the latest target implying fair value of $211.38 as they refine assumptions around the discount rate and long term P/E multiple, while keeping revenue growth and profit margin forecasts broadly unchanged. What's in the News From August 4, 2025 to November 2, 2025, Dollarama repurchased 2,605,912 shares for CAD 484.6 million, representing 0.94% of its shares under the buyback announced on July 3, 2025 (Key Developments).
Narrative Update Jan 06

DOL: Share Repurchases Will Support Higher Future P/E Assumptions

Analysts now set their fair value estimate for Dollarama at $235, up from $223, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E that adjust their risk and profitability expectations. What's in the News Dollarama completed a share repurchase tranche between August 4, 2025 and November 2, 2025, buying back 2,605,912 shares for CAD 484.6m, equal to 0.94% of its shares outstanding (Key Developments).
Analysis Article Jan 06

Dollarama Inc.'s (TSE:DOL) Popularity With Investors Is Under Threat From Overpricing

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 16x, you may consider...
Narrative Update Dec 19

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.
Analysis Article Dec 07

Is Now The Time To Put Dollarama (TSE:DOL) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Narrative Update Dec 04

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.
Analysis Article Nov 02

Estimating The Fair Value Of Dollarama Inc. (TSE:DOL)

Key Insights The projected fair value for Dollarama is CA$185 based on 2 Stage Free Cash Flow to Equity Current share...
Narrative Update Sep 18

Expansion In Canada, Mexico And Australia Will Unlock New Markets

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.
Narrative Update Aug 30

Expansion In Canada, Mexico And Australia Will Unlock New Markets

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.
Analysis Article Jul 27

Should You Be Adding Dollarama (TSE:DOL) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Jul 05

Investor Optimism Abounds Dollarama Inc. (TSE:DOL) But Growth Is Lacking

With a price-to-earnings (or "P/E") ratio of 43.2x Dollarama Inc. ( TSE:DOL ) may be sending very bearish signals at...
Analysis Article May 16

Dollarama (TSE:DOL) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
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New Narrative Nov 07

Expanding Store Network And Tactical Initiatives Drive Strong Growth Potential In LATAM Markets

Expansion in Latin America and increased stake in Dollarcity showcase strong growth potential and future revenue enhancement.

Shareholder Returns

DOLCA Multiline RetailCA Market
7D0.9%1.3%1.0%
1Y2.5%26.8%34.0%

Return vs Industry: DOL underperformed the Canadian Multiline Retail industry which returned 26.8% over the past year.

Return vs Market: DOL underperformed the Canadian Market which returned 34% over the past year.

Price Volatility

Is DOL's price volatile compared to industry and market?
DOL volatility
DOL Average Weekly Movement4.1%
Multiline Retail Industry Average Movement6.4%
Market Average Movement10.3%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market4.0%

Stable Share Price: DOL has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: DOL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992n/aNeil Rossywww.dollarama.com

Dollarama Inc. operates a chain of stores and provides related logistical and administrative support activities. Its stores offer general merchandise, consumables, and seasonal products. The company operates in Canada, Latin America, Colombia, Peru, Australia, and Mexico.

Dollarama Inc. Fundamentals Summary

How do Dollarama's earnings and revenue compare to its market cap?
DOL fundamental statistics
Market capCA$47.32b
Earnings (TTM)CA$1.31b
Revenue (TTM)CA$7.26b
36.3x
P/E Ratio
6.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DOL income statement (TTM)
RevenueCA$7.26b
Cost of RevenueCA$3.99b
Gross ProfitCA$3.27b
Other ExpensesCA$1.96b
EarningsCA$1.31b

Last Reported Earnings

Feb 01, 2026

Next Earnings Date

n/a

Earnings per share (EPS)4.83
Gross Margin45.05%
Net Profit Margin18.05%
Debt/Equity Ratio180.3%

How did DOL perform over the long term?

See historical performance and comparison

Dividends

0.3%
Current Dividend Yield
9%
Payout Ratio

Does DOL pay a reliable dividends?

See DOL dividend history and benchmarks
When do you need to buy DOL by to receive an upcoming dividend?
Dollarama dividend dates
Ex Dividend DateApr 17 2026
Dividend Pay DateMay 08 2026
Days until Ex dividend24 days
Days until Dividend pay date3 days

Does DOL pay a reliable dividends?

See DOL dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 12:42
End of Day Share Price 2026/05/07 00:00
Earnings2026/02/01
Annual Earnings2026/02/01

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Dollarama Inc. is covered by 25 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Will ChienAccountability Research Corporation
James DurranBarclays
Zhihan MaBernstein