Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
Dollarama Inc
Physical assets are 63.0% of total assets, a heavy footprint. Capex is 0.61x depreciation while free cash flow yield is positive, which can mean an aging base that is still throwing off cash. ROIC is 34.2%, above an 8% cost-of-capital hurdle.
Fixed-asset turnover is 1.98x. Compare it with other names in the same basket.
Physical asset ratio
63.0%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
1.98x
Revenue per dollar of the physical asset base.
Capex / D&A
0.61x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
$1.72
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
118.10x
Price $203.14.
Fixed-charge coverage
3.54x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
2.7%
Latest free cash flow divided by current market cap ($54.52B).
ROIC
34.2%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 0.47x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2019 | 109.1% | 1.98x | 2.80x | -$3.39 | 7.15x | $505.15M | 38.0% | 0.47x |
| 2020 | 68.6% | 1.96x | 2.28x | -$3.07 | 1.10x | $591.89M | 37.5% | 0.45x |
| 2021 | 63.6% | 1.96x | 2.27x | -$1.78 | 0.90x | $720.79M | 35.8% | 0.42x |
| 2022 | 69.7% | 1.93x | 1.91x | -$3.15 | 2.08x | $999.71M | 41.8% | 0.44x |
| 2023 | 71.8% | 2.02x | 0.47x | -$2.97 | 2.11x | $712.22M | 40.7% | 0.48x |
| 2024 | 69.5% | 2.14x | 0.76x | -$1.81 | 7.79x | $1.25B | 48.0% | 0.55x |
| 2025 | 62.9% | 2.03x | 0.59x | $1.00 | 3.75x | $1.40B | 38.6% | 0.54x |
| 2026 | 63.0% | 1.98x | 0.61x | $1.72 | 3.54x | $1.48B | 34.2% | 0.47x |
- Principal due is the current portion of debt.
Latest year inputs (2026)
Net PP&E: $3.66B
Inventory: $1.10B
Total assets: $7.56B
Goodwill: $801.71M
Intangibles: $178.28M
Liabilities: $6.10B
Tangible book: $475.90M
Shares: 276,684,000
Revenue: $7.26B
Capex: $279.34M
D&A: $460.02M
EBITDA: $2.43B
Interest: $209.69M
Short-term debt: $398.28M
Free cash flow: $1.48B
Operating income: $1.73B
Invested capital: $3.75B
Tax rate: 25.8%