Dorel Class B (TSE:DII.B)
TSX:DII.B
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Dorel Class B
(TSX:DII.B)
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Rating:43Neutral
Price Target:
C$1.50
▼(-15.25% Downside)
Action:ReiteratedDate:03/12/26
The score is primarily driven down by weak financial performance, including ongoing losses, negative operating/free cash flow in 2025, and negative equity, which elevates balance-sheet risk. Technical indicators are broadly neutral and provide limited support, while valuation metrics are not constructive due to losses (negative P/E) and no provided dividend yield.
Positive Factors
Diversified Business Segments
Operating two distinct consumer segments (home furniture and juvenile safety/mobility products) provides product and channel diversification. This reduces reliance on a single market cycle, spreads execution risk across categories, and supports more stable demand profiles over months.
Negative Factors
Multi‑year Revenue Decline
Persistent top‑line contraction erodes scale advantages and makes fixed costs harder to cover. Continued revenue decline diminishes bargaining power with retailers, compresses gross margins, and lengthens the timeline and capital needed for a sustainable operational turnaround.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified Business Segments
Operating two distinct consumer segments (home furniture and juvenile safety/mobility products) provides product and channel diversification. This reduces reliance on a single market cycle, spreads execution risk across categories, and supports more stable demand profiles over months.
Read all positive factors
Dorel Class B (DII.B) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$61.55M
Dividend YieldN/A
Average Volume (3M)20.79K
Price to Earnings (P/E)―
Beta (1Y)1.78
Revenue Growth-9.30%
EPS Growth-89.41%
CountryCA
Employees3,600
SectorConsumer Cyclical
Sector Strength84
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)-0.48
Shares Outstanding30,518,936
10 Day Avg. Volume34,464
30 Day Avg. Volume20,788
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)-0.39
Price to Sales (P/S)0.03
P/FCF Ratio-0.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$2.24Price Target Upside26.53% Upside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)-1.08
Revenue Forecast (FY)C$1.19B
Dorel Class B Business Overview & Revenue Model
Company Description
Dorel Industries Inc. designs, manufactures, sources, markets, and distributes home products and juvenile products worldwide. The company's Dorel Home segment engages in the design, manufacture, sourcing, and distribution of ready-to assemble furn...
How the Company Makes Money
Dorel primarily makes money by selling physical consumer products through its two operating segments.
1) Dorel Home (furniture)
- Revenue model: product sales (wholesale and, where applicable, direct-to-consumer/online sales) of home furniture an...
Dorel Class B Earnings Call Summary
Earnings Call Date:Aug 08, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:May 08, 2026
Earnings Call Sentiment Negative
The earnings call highlighted strong international growth and successful product launches in the Juvenile segment. However, these were overshadowed by significant challenges in the Home segment, primarily due to tariff impacts, restructuring costs, and liquidity issues. Despite positive restructuring plans, the immediate financial outlook remains cautious.Positive Updates
Strong Growth in Dorel Juvenile International Markets
Dorel Juvenile's revenue growth excluding the U.S. market was over 12% for the quarter, with significant growth in Europe and smaller markets like Canada, Australia, Chile, and Peru.
Negative Updates
Significant Revenue Decline in Dorel Home
Dorel Home's revenue decreased by $57 million or 43% due to tariff uncertainties and liquidity constraints, leading to operational losses.
Read all updates
Q2-2025 Updates
Positive
Negative
Strong Growth in Dorel Juvenile International Markets
Dorel Juvenile's revenue growth excluding the U.S. market was over 12% for the quarter, with significant growth in Europe and smaller markets like Canada, Australia, Chile, and Peru.
Read all positive updates
Company Guidance
During the second quarter of 2025 conference call, Dorel Industries provided significant guidance on its financial performance and strategic plans. The company reported a 16% decline in overall revenue, primarily due to a 43% decrease in Dorel Home's revenue, while Dorel Juvenile's revenue remained flat. Dorel Juvenile saw over 12% growth outside the U.S., particularly in Europe and other international markets. The company is undergoing a major restructuring, with Dorel Home ceasing North American manufacturing and transitioning to an import-focused model. This restructuring led to a $22.4 million charge in Q2, with expected substantial savings. Dorel is seeking additional liquidity, having accessed $20 million under its ABL facility to support inventory financing. The company aims for a return to profitability in 2026, driven by streamlined operations and synergies between the Home and Juvenile segments. Despite challenges, Dorel remains optimistic about its Juvenile segment, especially due to strong international growth and new product launches.Dorel Class B Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
18
Very Negative
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.21B | 1.38B | 1.39B | 1.57B | 1.76B |
| Gross Profit | 189.46M | 246.04M | 243.78M | 205.01M | 294.37M |
| EBITDA | -3.94M | -23.40M | 17.31M | -34.14M | 68.92M |
| Net Income | -144.71M | -171.96M | -62.35M | 135.96M | -31.62M |
Balance Sheet | |||||
| Total Assets | 718.81M | 802.79M | 1.00B | 1.06B | 1.85B |
| Cash, Cash Equivalents and Short-Term Investments | 60.50M | 41.27M | 24.09M | 32.41M | 52.17M |
| Total Debt | 392.60M | 366.79M | 392.95M | 431.57M | 544.38M |
| Total Liabilities | 809.40M | 760.65M | 776.23M | 779.30M | 1.38B |
| Stockholders Equity | -90.59M | 42.14M | 224.70M | 281.14M | 469.00M |
Cash Flow | |||||
| Free Cash Flow | -60.20M | 38.77M | 53.38M | -160.66M | -16.45M |
| Operating Cash Flow | -46.18M | 62.37M | 76.93M | -133.01M | 19.82M |
| Investing Cash Flow | -24.88M | -17.60M | -20.54M | 734.89M | 14.14M |
| Financing Cash Flow | 88.08M | -24.39M | -65.95M | -608.38M | -23.69M |
Dorel Class B Technical Analysis
Positive
1.77
Price Trends
1.82
Negative
1.71
Positive
1.62
Positive
Market Momentum
-0.01
Negative
53.97
Neutral
89.58
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DII.B, the sentiment is Positive. The current price of 1.77 is above the 20-day moving average (MA) of 1.69, below the 50-day MA of 1.82, and above the 200-day MA of 1.62, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 53.97 is Neutral, neither overbought nor oversold. The STOCH value of 89.58 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:DII.B.
Dorel Class B Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | C$1.74B | 12.20 | 13.08% | 3.11% | 1.99% | 31.36% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | C$1.77B | -9.31 | -11.45% | 2.40% | 3.71% | 80.35% | |
59 Neutral | C$13.99B | 23.55 | 20.31% | 1.47% | 6.64% | 27.37% | |
55 Neutral | C$9.65B | 16.32 | 13.16% | 3.17% | -0.13% | 13.73% | |
53 Neutral | C$6.54B | 25.78 | 54.95% | 0.86% | -5.14% | -87.15% | |
43 Neutral | C$61.55M | -0.24 | 3926.21% | ― | -9.30% | -89.41% |
* Consumer Cyclical Sector Average
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Dorel Class B Corporate Events
Business Operations and StrategyFinancial Disclosures
Dorel narrows losses as Juvenile segment shines and Home restructuring nears completion
Positive
Mar 10, 2026
Dorel Industries reported a fourth-quarter revenue decline of 14.7% to US$278.9 million and a reduced net loss of US$24.6 million, as well as a full-year revenue drop of 13.8% to US$1.19 billion with an improved net loss of US$142.2 million. Adjus...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.