Added to YB: 2024-10-29
Pitch date: 2024-10-28
CASY [neutral]
Casey's General Stores, Inc.
+35.9%
current return
Author Info
Top Corner Investing writes about businesses with competitive advantages that have outperformed the market for a number of years. Sign up for the newsletter.
Company Info
Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and Casey’s General Store names in the United States.
Market Cap
$20.7B
Pitch Price
$397.40
Price Target
N/A
Dividend
0.41%
EV/EBITDA
17.96
P/E
35.73
EV/Sales
1.41
Sector
Consumer Staples Distribution and Retail
Category
growth
Casey’s General Stores (CASY): Investment Case & 2024 Analyst Day
CASY (watchlist - valuation): 3rd largest US c-store chain, 72% in small towns. Strong food biz (5th largest pizza chain). 8% EBITDA CAGR last decade, 8-10% target. Growth via M&A (Fikes deal) & new builds. High 14x LTM EV/EBITDA. Watchlist stock, but prefer Couche-Tard. FCF up 150% since pre-pandemic.
Read full article (6 min)