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Alimentation Couche-Tard Inc.TSX:ATD Stock Report

Market Cap CA$74.5b
Share Price
CA$81.09
CA$91.31
11.2% undervalued intrinsic discount
1Y13.5%
7D5.7%
Portfolio Value
View

Alimentation Couche-Tard Inc.

TSX:ATD Stock Report

Market Cap: CA$74.5b

Alimentation Couche-Tard (ATD) Stock Overview

Operates and licenses convenience stores in North America, Europe, and Asia. More details

ATD fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance4/6
Financial Health2/6
Dividends3/6

ATD Community Fair Values

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Alimentation Couche-Tard Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Alimentation Couche-Tard
Historical stock prices
Current Share PriceCA$81.09
52 Week HighCA$85.59
52 Week LowCA$66.93
Beta0.77
1 Month Change3.56%
3 Month Change9.67%
1 Year Change13.52%
3 Year Change20.65%
5 Year Change93.07%
Change since IPO442,265.39%

Recent News & Updates

ATD: Share Buybacks And New Bullish Coverage Will Support Future Upside Potential

Analyst price targets for Alimentation Couche-Tard have been adjusted slightly, with a modest reduction of CA$2 in the consensus view as analysts factor in updated fair value, discount rate and P/E assumptions, while also highlighting a mix of recent target hikes and trims across the Street. Analyst Commentary Recent Street research on Alimentation Couche-Tard reflects a mix of optimism and caution, with several firms adjusting price targets and two new initiations that lean constructive on the story.

ATD: Share Buybacks And Mixed Coverage Will Support Higher Future Pricing Potential

The analyst price target for Alimentation Couche-Tard has been trimmed slightly by CA$0.30 to CA$91.66 as analysts factor in a modestly lower fair value and discount rate, while still reflecting mixed but generally supportive recent research, including a new bullish initiation and several target revisions across major firms. Analyst Commentary Recent research on Alimentation Couche-Tard shows a mix of bullish initiations, target increases, and some trims, which together feed into the slightly lower average price target while still signaling interest in the company’s execution and growth potential.

ATD: Mixed Coverage And Margin Assumptions Will Support Higher Fair Value

Analyst models for Alimentation Couche-Tard now point to a modestly higher fair value of about CA$92 per share. The update reflects mixed price target changes across firms and a shift toward slightly lower revenue growth assumptions, higher profit margins, and a lower future P/E multiple in recent research.

Recent updates

ATD: Share Buybacks And New Bullish Coverage Will Support Future Upside Potential

Analyst price targets for Alimentation Couche-Tard have been adjusted slightly, with a modest reduction of CA$2 in the consensus view as analysts factor in updated fair value, discount rate and P/E assumptions, while also highlighting a mix of recent target hikes and trims across the Street. Analyst Commentary Recent Street research on Alimentation Couche-Tard reflects a mix of optimism and caution, with several firms adjusting price targets and two new initiations that lean constructive on the story.

ATD: Share Buybacks And Mixed Coverage Will Support Higher Future Pricing Potential

The analyst price target for Alimentation Couche-Tard has been trimmed slightly by CA$0.30 to CA$91.66 as analysts factor in a modestly lower fair value and discount rate, while still reflecting mixed but generally supportive recent research, including a new bullish initiation and several target revisions across major firms. Analyst Commentary Recent research on Alimentation Couche-Tard shows a mix of bullish initiations, target increases, and some trims, which together feed into the slightly lower average price target while still signaling interest in the company’s execution and growth potential.

ATD: Mixed Coverage And Margin Assumptions Will Support Higher Fair Value

Analyst models for Alimentation Couche-Tard now point to a modestly higher fair value of about CA$92 per share. The update reflects mixed price target changes across firms and a shift toward slightly lower revenue growth assumptions, higher profit margins, and a lower future P/E multiple in recent research.

ATD: Higher Fair Value Range And Modest Assumption Shifts Will Shape Expectations

The analyst price target for Alimentation Couche-Tard has been raised by CA$7 to CA$100, with analysts attributing the change to modest adjustments in fair value estimates, discount rates, and forward P/E assumptions following a series of target increases across major Canadian banks. Analyst Commentary Recent Street research on Alimentation Couche-Tard has been active, with several firms updating their fair value work and resetting price targets in a fairly tight range around the new CA$100 level.

ATD: Self Distribution And Buybacks Will Shape Future Earnings And Market Expectations

Analysts have lifted their CA$ price targets on Alimentation Couche-Tard, resulting in a modest uptick in our fair value estimate from CA$88.99 to CA$89.79, supported by slightly higher assumptions for revenue growth and P/E multiples. Analyst Commentary Recent Street research points to a cluster of higher CA$ price targets for Alimentation Couche-Tard, with several firms marking up their views by CA$4 to CA$9 and one setting a round CA$100 target.

ATD: Self Distribution Buildout And Buybacks Will Shape Future Earnings Profile

The analyst price target for Alimentation Couche-Tard has been raised by CA$5.56 to CA$88.99. Analysts attribute the change to refreshed fair value work, modestly higher profit margin assumptions, and higher future P/E expectations, as more firms lift their CA$ price targets on the stock.

ATD: Self Distribution Buildout And Buybacks Will Support Future Upside

The updated analyst price target on Alimentation Couche-Tard reflects a modest adjustment, with a slightly lower fair value estimate of $83.43. Analysts are balancing higher modeled revenue growth and a small change in projected P/E with recent neutral and Outperform views across the Street.

Getting In Cheap On Alimentation Couche-Tard Inc. (TSE:ATD) Is Unlikely

Jan 25
Getting In Cheap On Alimentation Couche-Tard Inc. (TSE:ATD) Is Unlikely

ATD: Share Buybacks And Rising Payouts Will Drive Future Upside

Analysts have nudged their price targets on Alimentation Couche-Tard higher, with recent Street updates clustering in the C$79 to C$90 range. This reflects recalibrated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E in the updated model.

ATD: Foodservice Expansion And Share Buybacks Will Drive Future Upside

Analysts have modestly raised their average price targets for Alimentation Couche-Tard, reflecting a C$1 to C$4 increase, as they cite the company’s continued growth prospects, expanded foodservice initiatives, and share repurchase activity as key drivers behind their updated outlook. Analyst Commentary Bullish Takeaways Bullish analysts highlight Alimentation Couche-Tard's expanded presence in foodservice as a key driver for future top and bottom-line growth, supporting upward revisions in price targets.

Alimentation Couche-Tard (TSE:ATD) Seems To Use Debt Quite Sensibly

Nov 15
Alimentation Couche-Tard (TSE:ATD) Seems To Use Debt Quite Sensibly

ATD: Foodservice Expansion And Buybacks Will Fuel Continued Share Momentum

Analysts have slightly increased their price targets for Alimentation Couche-Tard, with the consensus now reflecting a modest uptick to around C$85. They cite ongoing growth in foodservice, loyalty initiatives, and share repurchases as key factors supporting the updated outlook.

Foodservice Presence And Share Buybacks Will Drive Digital Expansion Ahead

Analysts have slightly lowered their fair value estimate for Alimentation Couche-Tard to approximately C$85.29, citing a modest revision to growth forecasts. There is ongoing positive sentiment surrounding the company’s strategic initiatives and recent price target increases from multiple firms.

Some Shareholders Feeling Restless Over Alimentation Couche-Tard Inc.'s (TSE:ATD) P/E Ratio

Oct 22
Some Shareholders Feeling Restless Over Alimentation Couche-Tard Inc.'s (TSE:ATD) P/E Ratio

Urban Convenience And Digital Loyalty Will Drive Future Expansion

Alimentation Couche-Tard’s analyst price target has been increased slightly from $84.32 to $85.35, as analysts cite steady growth expectations following recent updates to revenue outlook and strategic initiatives. Analyst Commentary Recent analyst reports on Alimentation Couche-Tard reflect a generally positive outlook, with a number of firms raising their price targets and highlighting areas of ongoing growth and strategic development.

Urban Convenience And Digital Loyalty Will Drive Future Expansion

Analysts have raised their price target for Alimentation Couche-Tard to CA$84.32, citing confidence in the company’s strengthened foodservice offering, enhanced global loyalty program, and a shareholder-friendly buyback, despite the withdrawn acquisition bid. Analyst Commentary The withdrawal of the proposed acquisition of Seven & i Holdings removed a catalyst for transformative growth, but the company is still anticipated to deliver strong top- and bottom-line results.

Potential 7-Eleven Acquisition Will Strengthen Global Brand Presence

Analysts remain overall positive on Alimentation Couche-Tard, citing resilient earnings growth, robust cash flow, and successful M&A execution, though some caution around fuel margin normalization and integration risks led to a slight decrease in the consensus price target from CA$83.30 to CA$82.43. Analyst Commentary Bullish analysts are raising price targets incrementally due to expectations of continued outperformance and strong fundamentals.

Is There An Opportunity With Alimentation Couche-Tard Inc.'s (TSE:ATD) 44% Undervaluation?

Aug 18
Is There An Opportunity With Alimentation Couche-Tard Inc.'s (TSE:ATD) 44% Undervaluation?

Returns On Capital At Alimentation Couche-Tard (TSE:ATD) Have Stalled

Jul 30
Returns On Capital At Alimentation Couche-Tard (TSE:ATD) Have Stalled

Analyst Estimates: Here's What Brokers Think Of Alimentation Couche-Tard Inc. (TSE:ATD) After Its Annual Report

Jun 27
Analyst Estimates: Here's What Brokers Think Of Alimentation Couche-Tard Inc. (TSE:ATD) After Its Annual Report

Is Alimentation Couche-Tard (TSE:ATD) A Risky Investment?

Jun 24
Is Alimentation Couche-Tard (TSE:ATD) A Risky Investment?

Alimentation Couche-Tard Inc.'s (TSE:ATD) Intrinsic Value Is Potentially 50% Above Its Share Price

May 19
Alimentation Couche-Tard Inc.'s (TSE:ATD) Intrinsic Value Is Potentially 50% Above Its Share Price
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Global Expansion And EV Charging Will Strengthen Future Market Position

Strategic acquisitions and asset integration, including TotalEnergies and others, aim to enhance global network, margins, and future revenue growth.

Shareholder Returns

ATDCA Consumer RetailingCA Market
7D5.7%1.8%0.1%
1Y13.5%7.8%35.1%

Return vs Industry: ATD exceeded the Canadian Consumer Retailing industry which returned 7.8% over the past year.

Return vs Market: ATD underperformed the Canadian Market which returned 35.1% over the past year.

Price Volatility

Is ATD's price volatile compared to industry and market?
ATD volatility
ATD Average Weekly Movement4.1%
Consumer Retailing Industry Average Movement3.3%
Market Average Movement10.6%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.9%

Stable Share Price: ATD has not had significant price volatility in the past 3 months compared to the Canadian market.

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

About the Company

FoundedEmployeesCEOWebsite
1980149,500Alex Millercorporate.couche-tard.com

Alimentation Couche-Tard Inc. operates and licenses convenience stores in North America, Europe, and Asia. It offers cigarette products and other nicotine products, beverages, beer, wine, fresh food offerings comprising quick service restaurants, candy and snacks, grocery items, and car wash and other services; road transportation fuels and operates electric vehicles charging stations; sells energy for stationary engines and aviation fuels; sells lottery tickets, and calling and gift cards; and automatic teller machines. The company operates its convenience stores chain under various banners, including Circle K, Couche-Tard, Holiday, and Ingo.

Alimentation Couche-Tard Inc. Fundamentals Summary

How do Alimentation Couche-Tard's earnings and revenue compare to its market cap?
ATD fundamental statistics
Market capCA$74.46b
Earnings (TTM)CA$3.70b
Revenue (TTM)CA$99.62b
20.1x
P/E Ratio
0.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ATD income statement (TTM)
RevenueUS$73.29b
Cost of RevenueUS$59.40b
Gross ProfitUS$13.89b
Other ExpensesUS$11.17b
EarningsUS$2.72b

Last Reported Earnings

Feb 01, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.96
Gross Margin18.95%
Net Profit Margin3.71%
Debt/Equity Ratio69.5%

How did ATD perform over the long term?

See historical performance and comparison

Dividends

1.0%
Current Dividend Yield
27%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/03 23:18
End of Day Share Price 2026/05/01 00:00
Earnings2026/02/01
Annual Earnings2025/04/27

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Alimentation Couche-Tard Inc. is covered by 27 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jim MarroneAccountability Research Corporation
null nullArgus Research Company
James DurranBarclays