Dollarama Price To Sales Ratio vs Free Cash Flow Yield Analysis

DOL Stock

CAD 145.84 1.06 0.73%

Dollarama financial indicator trend analysis is much more than just examining Dollarama latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dollarama is a good investment. Please check the relationship between Dollarama Price To Sales Ratio and its Free Cash Flow Yield accounts. 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Price To Sales Ratio vs Free Cash Flow Yield

Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dollarama Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Dollarama's Price To Sales Ratio and Free Cash Flow Yield is -0.62. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Dollarama, assuming nothing else is changed. The correlation between historical values of Dollarama's Price To Sales Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Dollarama are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price To Sales Ratio i.e., Dollarama's Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Dollarama stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Dollarama sales, a figure that is much harder to manipulate than other Dollarama multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Dollarama's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dollarama current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 2nd of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.18, while Selling General Administrative is likely to drop about 513.3 M.

	2021	2022	2023	2024 (projected)
Interest Expense	88.9M	112.6M	172.1M	180.7M
Depreciation And Amortization	298.0M	331.8M	365.4M	383.7M

Interest Expense Depreciation And Amortization

Dollarama fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.9	0.74	0.68	-0.3	0.99	0.27	0.95	-0.43	0.73	0.74	1.0	-0.83	0.74	0.89	-0.7	-0.66	0.97	0.8	-0.13	0.9	0.96	0.99	0.81	0.59	0.8
Short Long Term Debt Total	0.9		0.82	0.77	-0.66	0.91	0.55	0.97	-0.76	0.74	0.59	0.89	-0.57	0.58	0.89	-0.51	-0.79	0.96	0.82	-0.18	0.88	0.97	0.89	0.79	0.67	0.9
Other Current Liab	0.74	0.82		0.87	-0.52	0.79	0.74	0.83	-0.68	0.79	0.36	0.73	-0.6	0.36	0.74	-0.14	-0.55	0.76	0.93	-0.11	0.63	0.83	0.77	0.85	0.77	0.86
Total Current Liabilities	0.68	0.77	0.87		-0.53	0.76	0.78	0.79	-0.63	0.52	0.51	0.68	-0.39	0.51	0.52	-0.04	-0.55	0.67	0.73	-0.27	0.49	0.79	0.69	0.75	0.98	0.81
Total Stockholder Equity	-0.3	-0.66	-0.52	-0.53		-0.35	-0.72	-0.55	0.96	-0.33	0.01	-0.3	-0.05	0.01	-0.45	-0.01	0.74	-0.5	-0.42	0.08	-0.42	-0.54	-0.32	-0.31	-0.48	-0.6
Property Plant And Equipment Net	0.99	0.91	0.79	0.76	-0.35		0.39	0.97	-0.48	0.71	0.69	0.99	-0.79	0.69	0.86	-0.6	-0.66	0.96	0.81	-0.15	0.85	0.97	0.99	0.82	0.68	0.83
Current Deferred Revenue	0.27	0.55	0.74	0.78	-0.72	0.39		0.51	-0.8	0.36	-0.05	0.28	0.01	-0.05	0.31	0.35	-0.38	0.38	0.55	-0.11	0.23	0.49	0.34	0.43	0.75	0.66
Net Debt	0.95	0.97	0.83	0.79	-0.55	0.97	0.51		-0.65	0.73	0.61	0.95	-0.71	0.6	0.89	-0.54	-0.79	0.98	0.83	-0.14	0.87	1.0	0.96	0.81	0.71	0.88
Retained Earnings	-0.43	-0.76	-0.68	-0.63	0.96	-0.48	-0.8	-0.65		-0.48	-0.05	-0.43	0.05	-0.05	-0.58	0.04	0.67	-0.6	-0.59	0.08	-0.53	-0.64	-0.45	-0.46	-0.55	-0.75
Accounts Payable	0.73	0.74	0.79	0.52	-0.33	0.71	0.36	0.73	-0.48		0.39	0.71	-0.65	0.39	0.84	-0.35	-0.5	0.76	0.92	0.12	0.66	0.74	0.73	0.87	0.37	0.82
Cash	0.74	0.59	0.36	0.51	0.01	0.69	-0.05	0.61	-0.05	0.39		0.72	-0.54	1.0	0.5	-0.61	-0.44	0.63	0.45	-0.27	0.61	0.64	0.65	0.66	0.51	0.51
Non Current Assets Total	1.0	0.89	0.73	0.68	-0.3	0.99	0.28	0.95	-0.43	0.71	0.72		-0.82	0.72	0.87	-0.69	-0.66	0.97	0.78	-0.15	0.89	0.96	0.99	0.79	0.6	0.79
Non Currrent Assets Other	-0.83	-0.57	-0.6	-0.39	-0.05	-0.79	0.01	-0.71	0.05	-0.65	-0.54	-0.82		-0.54	-0.73	0.64	0.44	-0.75	-0.68	-0.03	-0.7	-0.71	-0.83	-0.66	-0.32	-0.48
Cash And Short Term Investments	0.74	0.58	0.36	0.51	0.01	0.69	-0.05	0.6	-0.05	0.39	1.0	0.72	-0.54		0.5	-0.61	-0.44	0.63	0.45	-0.27	0.61	0.64	0.65	0.66	0.5	0.51
Net Receivables	0.89	0.89	0.74	0.52	-0.45	0.86	0.31	0.89	-0.58	0.84	0.5	0.87	-0.73	0.5		-0.66	-0.64	0.93	0.84	-0.03	0.92	0.89	0.87	0.76	0.4	0.78
Good Will	-0.7	-0.51	-0.14	-0.04	-0.01	-0.6	0.35	-0.54	0.04	-0.35	-0.61	-0.69	0.64	-0.61	-0.66		0.37	-0.65	-0.26	0.06	-0.82	-0.56	-0.64	-0.29	0.02	-0.29
Common Stock Shares Outstanding	-0.66	-0.79	-0.55	-0.55	0.74	-0.66	-0.38	-0.79	0.67	-0.5	-0.44	-0.66	0.44	-0.44	-0.64	0.37		-0.78	-0.55	-0.01	-0.63	-0.77	-0.66	-0.56	-0.5	-0.66
Non Current Liabilities Total	0.97	0.96	0.76	0.67	-0.5	0.96	0.38	0.98	-0.6	0.76	0.63	0.97	-0.75	0.63	0.93	-0.65	-0.78		0.81	-0.09	0.92	0.99	0.97	0.79	0.58	0.85
Inventory	0.8	0.82	0.93	0.73	-0.42	0.81	0.55	0.83	-0.59	0.92	0.45	0.78	-0.68	0.45	0.84	-0.26	-0.55	0.81		-0.03	0.68	0.84	0.8	0.95	0.61	0.88
Other Current Assets	-0.13	-0.18	-0.11	-0.27	0.08	-0.15	-0.11	-0.14	0.08	0.12	-0.27	-0.15	-0.03	-0.27	-0.03	0.06	-0.01	-0.09	-0.03		-0.07	-0.13	-0.12	-0.05	-0.32	0.0
Other Stockholder Equity	0.9	0.88	0.63	0.49	-0.42	0.85	0.23	0.87	-0.53	0.66	0.61	0.89	-0.7	0.61	0.92	-0.82	-0.63	0.92	0.68	-0.07		0.88	0.87	0.64	0.39	0.73
Total Liab	0.96	0.97	0.83	0.79	-0.54	0.97	0.49	1.0	-0.64	0.74	0.64	0.96	-0.71	0.64	0.89	-0.56	-0.77	0.99	0.84	-0.13	0.88		0.96	0.83	0.7	0.89
Property Plant And Equipment Gross	0.99	0.89	0.77	0.69	-0.32	0.99	0.34	0.96	-0.45	0.73	0.65	0.99	-0.83	0.65	0.87	-0.64	-0.66	0.97	0.8	-0.12	0.87	0.96		0.79	0.6	0.8
Total Current Assets	0.81	0.79	0.85	0.75	-0.31	0.82	0.43	0.81	-0.46	0.87	0.66	0.79	-0.66	0.66	0.76	-0.29	-0.56	0.79	0.95	-0.05	0.64	0.83	0.79		0.65	0.86
Short Term Debt	0.59	0.67	0.77	0.98	-0.48	0.68	0.75	0.71	-0.55	0.37	0.51	0.6	-0.32	0.5	0.4	0.02	-0.5	0.58	0.61	-0.32	0.39	0.7	0.6	0.65		0.7
Intangible Assets	0.8	0.9	0.86	0.81	-0.6	0.83	0.66	0.88	-0.75	0.82	0.51	0.79	-0.48	0.51	0.78	-0.29	-0.66	0.85	0.88	0.0	0.73	0.89	0.8	0.86	0.7

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Dollarama Account Relationship Matchups

Dollarama fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.7B	4.2B	4.1B	4.8B	5.8B	6.1B
Short Long Term Debt Total	3.4B	3.5B	3.6B	4.2B	4.3B	4.6B
Other Current Liab	195.5M	192.1M	190.4M	330.8M	222.6M	144.8M
Total Current Liabilities	1.1B	1.3B	911.9M	1.2B	677.8M	547.8M
Total Stockholder Equity	(92.2M)	334.9M	(66.0M)	28.4M	380.8M	277.6M
Property Plant And Equipment Net	1.9B	2.1B	2.2B	2.5B	2.7B	2.9B
Current Deferred Revenue	238.3M	213.9M	293.9M	322.4M	25.8M	24.5M
Net Debt	3.3B	3.0B	3.5B	4.1B	4.0B	4.2B
Retained Earnings	(574.1M)	(150.0M)	(578.1M)	(514.1M)	(226.5M)	(215.2M)
Accounts Payable	64.7M	66.7M	66.6M	102.9M	109.4M	71.8M
Cash	90.5M	439.1M	71.1M	101.3M	313.9M	329.6M
Non Current Assets Total	3.0B	3.1B	3.3B	3.7B	4.5B	4.8B
Non Currrent Assets Other	(409.4M)	(430.7M)	(463.4M)	(3.7B)	(3.3B)	(3.1B)
Cash And Short Term Investments	90.5M	439.1M	71.1M	101.3M	313.9M	329.6M
Net Receivables	35.0M	20.5M	26.3M	56.3M	59.4M	62.3M
Common Stock Shares Outstanding	317.2M	312.5M	304.4M	291.0M	284.2M	284.5M
Liabilities And Stockholders Equity	3.7B	4.2B	4.1B	4.8B	5.8B	6.1B
Non Current Liabilities Total	2.7B	2.6B	3.2B	3.6B	4.2B	4.4B
Inventory	623.5M	630.7M	590.9M	957.2M	916.8M	543.0M
Other Current Assets	15.6M	10.0M	29.1M	42.2M	19.0M	29.2M
Other Stockholder Equity	29.1M	28.5M	32.9M	42.7M	49.5M	70.8M
Total Liab	3.8B	3.9B	4.1B	4.8B	4.9B	5.1B
Property Plant And Equipment Gross	1.9B	2.1B	2.9B	3.2B	3.5B	3.7B
Total Current Assets	764.5M	1.1B	717.4M	1.2B	1.3B	710.0M
Accumulated Other Comprehensive Income	4.1M	(29.2M)	(325K)	11.7M	34.7M	36.5M
Short Term Debt	789.2M	1.0B	550.9M	729.1M	256.0M	281.2M
Intangible Assets	153.0M	161.8M	164.1M	164.7M	167.8M	152.0M
Common Stock Total Equity	415.8M	408.2M	448.7M	485.5M	436.9M	363.7M
Common Stock	448.7M	485.5M	479.4M	488.1M	523.1M	511.7M
Other Liab	96.9M	113.9M	121.9M	151.9M	136.7M	125.5M
Net Tangible Assets	(972.9M)	(554.7M)	(957.9M)	(864.0M)	(777.6M)	(816.5M)
Long Term Debt	1.3B	1.0B	1.5B	1.7B	2.2B	1.4B
Short Long Term Debt	606.5M	832.8M	347.1M	510.3M	21.5M	20.4M
Property Plant Equipment	1.9B	2.1B	2.2B	2.5B	2.9B	3.0B
Long Term Debt Total	2.6B	2.4B	3.1B	3.5B	4.0B	2.6B
Capital Surpluse	29.1M	28.5M	32.9M	42.7M	49.1M	32.7M
Capital Lease Obligations	1.5B	1.6B	1.7B	2.0B	2.1B	1.4B

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 together with Dollarama Stock

0.86	GOOG	Alphabet CDR	Pair Corr
0.77	AMZN	Amazon CDR	Pair Corr
0.73	JPM	JPMorgan Chase	Pair Corr

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.

Pair Correlation Correlation Matching

Other Information on Investing in Dollarama Stock

Balance Sheet is a snapshot of the financial position of Dollarama at a specified time, usually calculated after every quarter, six months, or one year. Dollarama Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dollarama and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dollarama currently owns. An asset can also be divided into two categories, current and non-current.

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Dollarama Price To Sales Ratio vs Free Cash Flow Yield Analysis

Price To Sales Ratio vs Free Cash Flow Yield

Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Free Cash Flow Yield

Dollarama fundamental ratios Correlations

Dollarama Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dollarama fundamental ratios Accounts

Pair Trading with Dollarama

Moving together with Dollarama Stock

Other Information on Investing in Dollarama Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Property Plant And Equipment Gross	- 0.83	Non Currrent Assets Other
Non Currrent Assets Other	- 0.83	Total Assets
Other Stockholder Equity	- 0.82	Good Will
Non Currrent Assets Other	- 0.82	Non Current Assets Total
Retained Earnings	- 0.8	Current Deferred Revenue
Common Stock Shares Outstanding	- 0.79	Net Debt