DLMAF (Dollarama) EV-to-EBITDA: 21.95 (As of Jul. 28, 2026) — 18% Above Median

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DLMAF Dollarama Inc DLMAF
92 GF Score
Price $132.01
GF Value $131.70
Valuation Fairly Valued
View Full Analysis

What is Dollarama EV-to-EBITDA?

Dollarama DLMAF +2.20% 92 EV-to-EBITDA is 21.95 as of Jul. 28, 2026, which is 18% above its 10-year median of 18.68. GuruFocus rates DLMAF with a GF Score™ of 92/100 and a GF Value™ of $131.70 (Fairly Valued). Among 271 Retail - Defensive companies, Dollarama ranks worse than 86.72% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Dollarama's enterprise value is $40,090 Mil. Dollarama's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $1,826 Mil. Therefore, Dollarama's EV-to-EBITDA for today is 21.95.

The historical rank and industry rank for Dollarama's EV-to-EBITDA or its related term are showing as below:

DLMAF' s EV-to-EBITDA Range Over the Past 10 Years
Min: 12   Med: 18.68   Max: 26.33
Current: 21.95

During the past 13 years, the highest EV-to-EBITDA of Dollarama was 26.33. The lowest was 12.00. And the median was 18.68.

DLMAF's EV-to-EBITDA is ranked worse than
86.72% of 271 companies
in the Retail - Defensive industry
Industry Median: 8.48 vs DLMAF: 21.95

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-28), Dollarama's stock price is $132.01. Dollarama's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $3.521. Therefore, Dollarama's PE Ratio (TTM) for today is 37.49.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Dollarama  (OTCPK:DLMAF) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Dollarama's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=132.01/3.521
=37.49

Dollarama's share price for today is $132.01.
Dollarama's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.521.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Dollarama EV-to-EBITDA Related Terms


Dollarama EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Dollarama's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dollarama EV-to-EBITDA Chart

Dollarama Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.77 17.49 16.74 19.90 22.69

Dollarama Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.28 25.06 23.07 22.69 20.78

DLMAF vs WMT, COST, TGT: EV-to-EBITDA Comparison

For the Discount Stores subindustry, Dollarama's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dollarama EV-to-EBITDA vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Dollarama's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Dollarama's EV-to-EBITDA falls into.


DLMAF
92GF Score
Dollarama Inc DLMAF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dollarama EV-to-EBITDA Calculation

Dollarama's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=40090.365/1826.137
=21.95

Dollarama's current Enterprise Value is $40,090 Mil.
Dollarama's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,826 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 21.95 mean?
Dollarama (DLMAF) has a EV-to-EBITDA of 21.95 as of Jul. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Dollarama. This is 18% above median its historical median of 18.68. Over the past decade, Dollarama's EV-to-EBITDA has ranged from 12.00 to 26.33. According to the industry distribution chart, Dollarama ranks #235 out of 271 companies in the Retail - Defensive industry, placing it in the top 86.7%.
Is Dollarama's EV-to-EBITDA too high?
Dollarama's current EV-to-EBITDA of 21.95 is 18% above median its 10-year median of 18.68. Over the past 10 years, this metric has ranged from a low of 12.00 to a high of 26.33. The Retail - Defensive industry median EV-to-EBITDA is 8.48. Dollarama's value of 21.95 is 158.8% above this industry median. Based on the distribution chart, Dollarama ranks #235 out of 271 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Dollarama has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dollarama's EV-to-EBITDA compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Dollarama ranks #235 out of 271 companies for EV-to-EBITDA. This places Dollarama in the lower half of its industry. The industry median EV-to-EBITDA is 8.48. Dollarama's value of 21.95 is 158.8% above this benchmark. Historically, Dollarama's own EV-to-EBITDA has ranged from 12.00 to 26.33 over the past decade. While the company's 10-year median is 18.68 vs. the industry median of 8.48, Dollarama has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Retail - Defensive company?
The median EV-to-EBITDA among Retail - Defensive companies is 8.48, based on 271 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dollarama's current EV-to-EBITDA of 21.95 is 158.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Dollarama. For the Retail - Defensive industry, the median EV-to-EBITDA is 8.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dollarama's current EV-to-EBITDA is 21.95, which is 18% above median its own 10-year median of 18.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollarama stock overvalued right now?
Based on GuruFocus' analysis, Dollarama (DLMAF) is currently considered Fairly Valued. The stock's GF Value™ is $131.70, compared to a current price of $132.01 — trading 0.2% above its estimated fair value. The current EV-to-EBITDA is 21.95, which is 18% above median its 10-year median of 18.68 and 158.8% above the Retail - Defensive industry median of 8.48. Dollarama's overall GF Score™ is 92/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Dollarama (DLMAF), the current EV-to-EBITDA is 21.95 as of Jul. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dollarama (DLMAF) Overvalued in 2026?

Based on GuruFocus' analysis, Dollarama stock appears to be overvalued. The current stock price of $132.01 is trading 0.2% above its estimated GF Value™ of $131.70. GuruFocus considers Dollarama to be Fairly Valued.

Key valuation signals for DLMAF:

  • EV-to-EBITDA: 21.95 (18% above median its 10-year median of 18.68)
  • GF Value™: $131.70 vs. price of $132.01 (0.2% above fair value)
  • GF Score™: 92/100
  • Industry Position: 158.8% above the Retail - Defensive median (#235 of 271)

No single metric tells the full story. See the DLMAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dollarama Business Description

Address 5805 Royalmount Avenue, Montreal, QC, CAN, H4P 0A1
Dollarama is Canada's largest dollar store chain that sells a broad range of everyday consumables and household items at low fixed price points, currently capped at CAD 5. General merchandise and consumables make up 90% of total sales, and the rest is from festivity-related seasonal items. The retailer operates close to 1,700 stores across Canada, mostly in convenient locations in metropolitan areas, midsize cities, and small towns. It also holds a 60% stake in South American value retailer Dollarcity, which operates more than 600 stores across Colombia, Guatemala, El Salvador, Peru, and Mexico. In 2025, the firm closed its CAD 234 million acquisition of Australian retail chain The Reject Shop, which operates about 400 stores.
92GF Score

Get the complete analysis for DLMAF

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$132.01
Price
$131.70
GF Value