Professional
Added to YB: 2024-07-09
Pitch date: 2024-07-07
ATD.TO [bullish]
Alimentation Couche-Tard Inc.
-4.26%
current return
Author Info
Seeking Winners is a senior financial controller investing for the long-term. Sign up for the newsletter.
Company Info
Alimentation Couche-Tard Inc. operates and licenses convenience stores in North America, Europe, and Asia.
Market Cap
CAD 48.1B
Pitch Price
CAD 76.33
Price Target
N/A
Dividend
1.11%
EV/EBITDA
10.24
P/E
18.72
EV/Sales
0.82
Sector
Consumer Staples Distribution and Retail
Category
growth
Seeking Winners Portfolio Holding: Alimentation Couche-Tard Inc.
ATD.TO: Global convenience store leader (Circle K) w/ 5% US market share. 17yr pre-2019 4.4% annual sales growth. Decentralized ops, strong local focus. 15%+ ROCE, mgmt aligned w/ shareholders. EV threat overblown. 35-40% profit reinvestment, 5-6% organic growth. 8-12% potential CAGR (buybacks, dividend). Mgmt targets doubling cash flow in 5yrs. Lower risk vs market.
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