Added to YB: 2026-09-16
Pitch date: 2026-09-14
GRGD.TO [bullish]
Groupe Dynamite Inc.
Author Info
No bio for this author
Company Info
Groupe Dynamite Inc. designs, distributes, and sells women’s apparel under the Dynamite and Garage brand names in Canada, the United Kingdom, and the United States.
Market Cap
CAD 6.2B
Pitch Price
N/A
Price Target
70.00 (+27%)
Dividend
N/A
EV/EBITDA
8.96
P/E
19.97
EV/Sales
4.47
Sector
Specialty Retail
Category
growth
Strong growth, exceptional returns and a newly opened competitive window make Groupe Dynamite compelling at C$55 but governance and concentration risks remain.
GRGD.TO: Groupe Dynamite’s U.S. Garage rollout is growing 52%, with stores generating 1.8x Canadian revenue on management’s 18-month payback, yet at C$55 the shares trade at 14.6x fiscal 2027 earnings. The C$70 target assumes no rerating or U.K. value; failure to keep U.S. comparable sales above 15% through fiscal 2027 implies C$43. Governance, limited float and dependence on one banner justify sizing at one-third of what the operating metrics suggest.
Read full article (15 min)