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ATD.

Alimentation Couche-TardTSX:ATD.B Stock Report

Last Price

CA$49.67

Market Cap

CA$51.3b

7D

0%

1Y

11.2%

Updated

15 Dec, 2021

Data

Company Financials +
ATD.B fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends3/6

ATD.B Stock Overview

Alimentation Couche-Tard Inc. operates and licenses convenience stores.

Alimentation Couche-Tard Competitors

Chevron

NYSE:CVX

US$244.6b

ConocoPhillips

NYSE:COP

US$109.1b

Dollar General

NYSE:DG

US$48.7b

Marathon Petroleum

NYSE:MPC

US$43.5b

Price History & Performance

Summary of all time highs, changes and price drops for Alimentation Couche-Tard
Historical stock prices
Current Share PriceCA$49.67
52 Week HighCA$52.42
52 Week LowCA$36.03
Beta0.89
1 Month Change-2.38%
3 Month Change-0.46%
1 Year Change11.19%
3 Year Change50.74%
5 Year Change60.82%
Change since IPO66,127.55%

Recent News & Updates

Nov 30
Alimentation Couche-Tard (TSE:ATD.B) Is Increasing Its Dividend To CA$0.11

Alimentation Couche-Tard (TSE:ATD.B) Is Increasing Its Dividend To CA$0.11

The board of Alimentation Couche-Tard Inc. ( TSE:ATD.B ) has announced that it will be increasing its dividend on the...

Nov 03
Slowing Rates Of Return At Alimentation Couche-Tard (TSE:ATD.B) Leave Little Room For Excitement

Slowing Rates Of Return At Alimentation Couche-Tard (TSE:ATD.B) Leave Little Room For Excitement

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...

Shareholder Returns

ATD.BCA Consumer RetailingCA Market
7D0%-5.3%-2.9%
1Y11.2%27.7%15.9%

Return vs Industry: ATD.B underperformed the Canadian Consumer Retailing industry which returned 22.1% over the past year.

Return vs Market: ATD.B underperformed the Canadian Market which returned 18.1% over the past year.

Price Volatility

Is ATD.B's price volatile compared to industry and market?
ATD.B volatility
ATD.B Average Weekly Movement3.7%
Consumer Retailing Industry Average Movement5.0%
Market Average Movement9.9%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market3.7%

Stable Share Price: ATD.B is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ATD.B's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198098,000Brian Hannaschhttps://corpo.couche-tard.com

Alimentation Couche-Tard Inc. operates and licenses convenience stores. Its convenience stores sell tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels; and aviation fuels, as well as energy for stationary engines. The company operates its convenience stores chain under the Circle K, Couche-Tard, Holiday, Ingo, and Mac’s banners.

Alimentation Couche-Tard Fundamentals Summary

How do Alimentation Couche-Tard's earnings and revenue compare to its market cap?
ATD.B fundamental statistics
Market CapUS$39.73b
Earnings (TTM)US$2.63b
Revenue (TTM)US$53.19b

15.1x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ATD.B income statement (TTM)
RevenueUS$53.19b
Cost of RevenueUS$42.84b
Gross ProfitUS$10.35b
ExpensesUS$7.72b
EarningsUS$2.63b

Last Reported Earnings

Oct 10, 2021

Next Earnings Date

Mar 16, 2022

Earnings per share (EPS)2.47
Gross Margin19.46%
Net Profit Margin4.95%
Debt/Equity Ratio49.1%

How did ATD.B perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

13%

Payout Ratio

Valuation

Is Alimentation Couche-Tard undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ATD.B (CA$49.67) is trading below our estimate of fair value (CA$115.61)

Significantly Below Fair Value: ATD.B is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ATD.B is good value based on its PE Ratio (15.1x) compared to the Canadian Consumer Retailing industry average (17.2x).

PE vs Market: ATD.B is poor value based on its PE Ratio (15.1x) compared to the Canadian market (12x).


Price to Earnings Growth Ratio

PEG Ratio: ATD.B is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: ATD.B is overvalued based on its PB Ratio (3.1x) compared to the CA Consumer Retailing industry average (2.3x).


Future Growth

How is Alimentation Couche-Tard forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

7.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATD.B's forecast earnings growth (7.4% per year) is above the savings rate (1.6%).

Earnings vs Market: ATD.B's earnings (7.4% per year) are forecast to grow slower than the Canadian market (11.3% per year).

High Growth Earnings: ATD.B's earnings are forecast to grow, but not significantly.

Revenue vs Market: ATD.B's revenue (2.2% per year) is forecast to grow slower than the Canadian market (5.2% per year).

High Growth Revenue: ATD.B's revenue (2.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ATD.B's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Alimentation Couche-Tard performed over the past 5 years?

18.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATD.B has high quality earnings.

Growing Profit Margin: ATD.B's current net profit margins (4.9%) are lower than last year (5.9%).


Past Earnings Growth Analysis

Earnings Trend: ATD.B's earnings have grown by 18.4% per year over the past 5 years.

Accelerating Growth: ATD.B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ATD.B had negative earnings growth (-5%) over the past year, making it difficult to compare to the Consumer Retailing industry average (6.4%).


Return on Equity

High ROE: ATD.B's Return on Equity (20.4%) is considered high.


Financial Health

How is Alimentation Couche-Tard's financial position?


Financial Position Analysis

Short Term Liabilities: ATD.B's short term assets ($7.8B) exceed its short term liabilities ($5.1B).

Long Term Liabilities: ATD.B's short term assets ($7.8B) do not cover its long term liabilities ($11.3B).


Debt to Equity History and Analysis

Debt Level: ATD.B's net debt to equity ratio (22.8%) is considered satisfactory.

Reducing Debt: ATD.B's debt to equity ratio has reduced from 69% to 49.1% over the past 5 years.

Debt Coverage: ATD.B's debt is well covered by operating cash flow (63.2%).

Interest Coverage: ATD.B's interest payments on its debt are well covered by EBIT (14.5x coverage).


Balance Sheet


Dividend

What is Alimentation Couche-Tard current dividend yield, its reliability and sustainability?

0.92%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ATD.B's dividend (0.92%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.6%).

High Dividend: ATD.B's dividend (0.92%) is low compared to the top 25% of dividend payers in the Canadian market (4.69%).


Stability and Growth of Payments

Stable Dividend: ATD.B's dividends per share have been stable in the past 10 years.

Growing Dividend: ATD.B's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (12.6%), ATD.B's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ATD.B's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.5yrs

Average management tenure


CEO

Brian Hannasch (54 yo)

7.25yrs

Tenure

US$10,264,360

Compensation

Mr. Brian P. Hannasch has been the Chief Executive Officer and President of Alimentation Couche-Tard Inc. since September 24, 2014. Mr. Hannasch served as the Chief Operating Officer of Alimentation Couche...


CEO Compensation Analysis

Compensation vs Market: Brian's total compensation ($USD10.26M) is above average for companies of similar size in the Canadian market ($USD5.64M).

Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ATD.B's management team is seasoned and experienced (5.5 years average tenure).


Board Members

Experienced Board: ATD.B's board of directors are considered experienced (8.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ATD.B insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Alimentation Couche-Tard Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Alimentation Couche-Tard Inc.
  • Ticker: ATD.B
  • Exchange: TSX
  • Founded: 1980
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Implied Market Cap: CA$51.296b
  • Shares outstanding: 1.06b
  • Website: https://corpo.couche-tard.com

Number of Employees


Location

  • Alimentation Couche-Tard Inc.
  • 4204 Industriel Boulevard
  • Laval
  • Quebec
  • H7L 0E3
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/15 23:03
End of Day Share Price2021/12/07 00:00
Earnings2021/10/10
Annual Earnings2021/04/25


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.