Added to YB: 2024-04-15
Pitch date: 2024-04-14
ATD.TO [bullish]
Alimentation Couche-Tard Inc.
-3.05%
current return
Author Info
Pari Passu is a Private Equity investor at a major hedge fund who writes about anything they find interesting in investing. 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 74.51
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
Alimentation Couche-Tard Inc. at the Forefront of Convenience Retail (NK Capital)
ATD.TO: C-stores provide premium service via hard-to-replicate network. Highly fragmented industry = big opportunity. EV concerns overblown: 65% of stores are merch-only & transition will take decades. Declining fuel volumes can make great businesses. 20+ year track record of positive US SSS.
Read full article (2 min)