Added to YB: 2024-01-25
Pitch date: 2024-01-25
DOL.TO [bullish]
Dollarama Inc.
+105.27%
current return
Author Info
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Company Info
Dollarama Inc. operates a chain of stores and provides related logistical and administrative support activities.
Market Cap
CAD 51.5B
Pitch Price
CAD 98.96
Price Target
N/A
Dividend
0.25%
EV/EBITDA
22.57
P/E
38.51
EV/Sales
7.22
Sector
Broadline Retail
Category
growth
Wintergems portfolio: Dollarama ($DLO.TO)
DOL.TO: Canada's top dollar store, 1541 stores vs top 4 rivals' 500. EPS 10x in 12 yrs: revenue 4x, buybacks +58%, margins +60%. Growing share as store density rises. $2.2B debt manageable w/ strong FCF. Fairly valued at ~30 PE, buy on 25x dips. 10% sales growth ahead: 5-7% comps, 4% new stores, 3-4% buybacks + Dollarcity upside. 6th biggest position, hold & add at 25 PE.
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