Dollarama Stock Book Value Per Share
DLMAF Stock | USD 84.35 0.57 0.68% |
Dollarama fundamentals help investors to digest information that contributes to Dollarama's financial success or failures. It also enables traders to predict the movement of Dollarama Pink Sheet. The fundamental analysis module provides a way to measure Dollarama's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dollarama pink sheet.
Dollarama |
Dollarama Company Book Value Per Share Analysis
Dollarama's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Dollarama Book Value Per Share | 0.14 X |
Most of Dollarama's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dollarama is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition |
In accordance with the recently published financial statements, the book value per share of Dollarama is about 0.142 times. This is 99.24% lower than that of the Multiline Retail sector and 99.08% lower than that of the Consumer Discretionary industry. The book value per share for all United States stocks is 99.99% higher than that of the company.
Dollarama Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dollarama's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Dollarama could also be used in its relative valuation, which is a method of valuing Dollarama by comparing valuation metrics of similar companies.Dollarama is currently under evaluation in book value per share category among related companies.
Dollarama Fundamentals
Return On Equity | 0.26 | |||
Return On Asset | 0.15 | |||
Profit Margin | 0.16 % | |||
Operating Margin | 0.23 % | |||
Current Valuation | 20.37 B | |||
Shares Outstanding | 287.25 M | |||
Shares Owned By Insiders | 3.97 % | |||
Shares Owned By Institutions | 55.40 % | |||
Price To Earning | 40.64 X | |||
Price To Book | 587.54 X | |||
Price To Sales | 3.55 X | |||
Revenue | 4.33 B | |||
Gross Profit | 2.05 B | |||
EBITDA | 1.28 B | |||
Net Income | 663.17 M | |||
Cash And Equivalents | 70.86 M | |||
Cash Per Share | 0.25 X | |||
Total Debt | 1.54 B | |||
Current Ratio | 0.76 X | |||
Book Value Per Share | 0.14 X | |||
Cash Flow From Operations | 1.07 B | |||
Earnings Per Share | 1.92 X | |||
Number Of Employees | 25 | |||
Beta | 0.75 | |||
Market Capitalization | 17.17 B | |||
Total Asset | 4.06 B | |||
Z Score | 7.6 | |||
Annual Yield | 0 % | |||
Five Year Return | 0.35 % | |||
Net Asset | 4.06 B | |||
Last Dividend Paid | 0.22 |
About Dollarama Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dollarama's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dollarama using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dollarama based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Dollarama
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dollarama position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dollarama will appreciate offsetting losses from the drop in the long position's value.Moving against Dollarama Pink Sheet
0.83 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
0.7 | MCD | McDonalds Earnings Call This Week | PairCorr |
0.7 | JNJ | Johnson Johnson Aggressive Push | PairCorr |
0.61 | PFE | Pfizer Inc Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Dollarama could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dollarama when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dollarama - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dollarama to buy it.
The correlation of Dollarama is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dollarama moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dollarama moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dollarama can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dollarama. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Dollarama information on this page should be used as a complementary analysis to other Dollarama's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Dollarama Pink Sheet analysis
When running Dollarama's price analysis, check to measure Dollarama's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dollarama is operating at the current time. Most of Dollarama's value examination focuses on studying past and present price action to predict the probability of Dollarama's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollarama's price. Additionally, you may evaluate how the addition of Dollarama to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |