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Alimentation Couche-Tard Inc
TSX:ATD

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Alimentation Couche-Tard Inc
TSX:ATD
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Price: 79.45 CAD 0.21% Market Closed
Market Cap: CA$73B

EV/OCF

11.6
Current
9%
Cheaper
vs 3-y average of 12.7

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
11.6
=
Enterprise Value
CA$89.3B
/
Operating Cash Flow
$5.5B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
11.6
=
Enterprise Value
CA$89.3B
/
Operating Cash Flow
$5.5B

Valuation Scenarios

Alimentation Couche-Tard Inc is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (12.7), the stock would be worth CA$86.91 (9% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+31%
Average Upside
13%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 11.6 CA$79.45
0%
3-Year Average 12.7 CA$86.91
+9%
5-Year Average 12.5 CA$85.13
+7%
Industry Average 15.2 CA$104.16
+31%
Country Average 11.9 CA$81.62
+3%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
CA
Alimentation Couche-Tard Inc
TSX:ATD
72.8B CAD 11.6 19
ZA
Shoprite Holdings Ltd
JSE:SHP
155.9B ZAR 9.5 20.6
CA
Loblaw Companies Ltd
TSX:L
72.3B CAD 13.8 27.3
UK
Tesco PLC
LSE:TSCO
32.8B GBP 10.6 18.4
US
Kroger Co
NYSE:KR
44.2B USD 7.5 43.8
NL
Koninklijke Ahold Delhaize NV
AEX:AD
36.8B EUR 7 16.3
AU
Woolworths Group Ltd
ASX:WOW
46.2B AUD 12.2 77.3
JP
Seven & i Holdings Co Ltd
TSE:3382
5.2T JPY 11.9 17.8
IN
Avenue Supermarts Ltd
NSE:DMART
3T INR 106.1 103.8
US
Caseys General Stores Inc
NASDAQ:CASY
28.9B USD 23.5 44.5
CA
George Weston Ltd
TSX:WN
36.6B CAD 8.5 35.8

Market Distribution

In line with most companies in Canada
Percentile
49th
Based on 1 926 companies
49th percentile
11.6
Low
0 — 7.9
Typical Range
7.9 — 19.5
High
19.5 —
Distribution Statistics
Canada
Min 0
30th Percentile 7.9
Median 11.9
70th Percentile 19.5
Max 22 577.3

Alimentation Couche-Tard Inc
Glance View

Alimentation Couche-Tard Inc. finds its roots in the small town of Laval, Quebec, where it began as a modest convenience store in 1980. Over the decades, it has grown into a global powerhouse in the convenience retail industry, quietly expanding its footprint across North America, Europe, and beyond. Today, Couche-Tard operates under several brand names, including Circle K, Mac's, and Ingo, strategically positioned to cater to the ever-evolving needs of on-the-go consumers. The backbone of Couche-Tard’s business model hinges on its ability to efficiently meet the demands of modern, fast-paced lifestyles, providing a range of products including snacks, beverages, and essential groceries, often complemented by fuel sales. Through its vast network of stores, the company remains a pivotal player in satisfying the universal craving for convenience. Moreover, Alimentation Couche-Tard’s success is intricately linked to its sharp focus on operational excellence and strategic acquisitions. The company’s operational strategy emphasizes synergy and scalability, allowing it to maintain competitive margins while offering seamless customer experiences. By adopting a disciplined approach to mergers and acquisitions, Couche-Tard has adeptly integrated numerous regional and international chains into its fold, enhancing its geographic reach and diversifying its market presence. This growth strategy not only consolidates Couche-Tard’s dominance in existing markets but also opens new revenue streams in emerging ones. It’s this blend of strategic foresight and operational agility that fuels Couche-Tard’s continued profitability and positions it as a leading light in the global convenience store landscape.

ATD Intrinsic Value
80.94 CAD
Undervaluation 2%
Intrinsic Value
Price CA$79.45
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