DOL vs MG: which stock is the better value?

Magna screens cheaper than Dollarama on all three valuation measures in this snapshot. That’s a starting point for comparison, not proof that either stock is undervalued.

Dollarama Inc. (DOL.TO) and Magna International Inc. (MG.TO) share a sector and industry-group classification in the snapshot, but their businesses and financial profiles differ. At the November 9, 2026 adjusted close, Dollarama traded at C$218.08 per share, with a market cap of C$57.8B. Magna traded at C$88.09 per share, with a market cap of C$22.8B. Magna has the lower P/E, PEG and P/B. For more context, see the company pages for Dollarama and Magna International.

Investor takeaway: Magna has the lower readings on all three supplied multiples: a P/E of 20.8 versus 42.7 for Dollarama, a PEG of 0.34 versus 3.01, and a P/B of 1.41 versus 39.72. These figures don’t establish fair value or predict future returns. The snapshot also shows a large gap in return on equity and dividend yield, so consider each company’s business and financial profile alongside the multiples.

Magna has the lower reading on all three supplied valuation multiples

Magna’s P/E is 20.8, its PEG is 0.34 and its P/B is 1.41. Dollarama’s figures are 42.7, 3.01 and 39.72, respectively. This compares the multiples in the snapshot; it isn’t a verdict on either stock’s value.

The multiples favour Magna in this snapshot

Magna has the lower figure on each of the three measures. Its P/E of 20.8 is below Dollarama’s 42.7, its PEG of 0.34 is below 3.01, and its P/B of 1.41 is below 39.72. By these measures, Magna screens cheaper. That doesn’t prove it’s undervalued. Multiples are only one part of a comparison and don’t account for differences in business performance, risk or future results on their own.

Returns and dividends add context

The snapshot reports trailing-twelve-month ROE of 7.1% for Magna and 93.1% for Dollarama. Their dividend yields are 2.27% and 0.21%, respectively. These figures describe different aspects of the companies, but don’t explain the valuation gap by themselves. Both stocks have a Strong Sell analyst consensus label and a reported analyst target of C$0.00. The snapshot provides no further detail, so treat these as reported figures, not a complete assessment.

A comparison, not a verdict

The data shows Magna with lower P/E, PEG and P/B readings, but also lower trailing-twelve-month ROE and a higher dividend yield than Dollarama. Magna’s market cap is C$22.8B, compared with C$57.8B for Dollarama. These figures can help guide further research, but the snapshot alone can’t tell you which company is the better investment or whether either share price represents fair value.