Company Valuation: Alimentation Couche-Tard Inc.

Data adjusted to current consolidation scope
Fiscal Period: April 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 45,401 48,033 54,626 49,544 51,501 57,108 - -
Change - 5.8% 13.72% -9.3% 3.95% 10.89% - -
Enterprise Value (EV) 1 52,697 56,665 67,789 61,237 64,836 69,681 68,704 67,075
Change - 7.53% 19.63% -9.66% 5.88% 7.47% -1.4% -2.37%
P/E 17.4x 16x 20.1x 19.3x 16.6x 18.8x 17x 15.5x
PBR 3.75x 3.93x - 3.32x 3.19x 3.25x 2.96x 2.72x
PEG - 0.7x -2.56x -4.95x 0.7x -9.57x 1.6x 1.55x
Capitalization / Revenue 0.72x 0.67x 0.79x 0.68x 0.67x 0.68x 0.68x 0.67x
EV / Revenue 0.84x 0.79x 0.98x 0.84x 0.85x 0.83x 0.82x 0.79x
EV / EBITDA 10x 9.81x 12.1x 10.3x 9.66x 9.97x 9.11x 8.46x
EV / EBIT 14.2x 13.3x 17.6x 15.9x 14.9x 15.5x 14.4x 13x
EV / FCF 23.1x 22.3x 23.6x 22.6x - 21.3x 20.1x 17.9x
FCF Yield 4.33% 4.48% 4.24% 4.43% - 4.7% 4.98% 5.58%
Dividend per Share 2 0.3239 0.4002 0.487 0.5527 0.5931 0.6521 0.7147 0.7808
Rate of return 0.74% 0.82% 0.86% 1.06% 1.06% 1.05% 1.15% 1.25%
EPS 2 2.52 3.06 2.82 2.71 3.37 3.304 3.658 4.023
Distribution rate 12.9% 13.1% 17.3% 20.4% 17.6% 19.7% 19.5% 19.4%
Net sales 1 62,810 71,857 69,264 72,857 76,507 84,397 83,974 84,907
EBITDA 1 5,266 5,775 5,614 5,959 6,714 6,991 7,540 7,929
EBIT 1 3,720 4,250 3,854 3,854 4,355 4,484 4,781 5,151
Net income 1 2,683 3,091 2,730 2,580 3,144 2,997 3,211 3,520
Net Debt 1 7,296 8,632 13,163 11,693 13,335 12,573 11,596 9,967
Reference price 2 43.84 48.95 56.80 52.26 56.09 62.21 62.21 62.21
Nbr of stocks (in thousands) 1,035,691 981,333 961,787 948,064 918,230 917,963 - -
Announcement Date 6/28/22 A 6/27/23 A 6/25/24 A 6/25/25 A 6/22/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.83x0.83x9.97x1.05% 57.11B
16.3x0.54x10.01x0.44% 10.47B
8.33x0.26x5.02x3.43% 8.02B
9.82x0.31x4.96x5.52% 7.17B
23.36x0.52x11.45x1.94% 3.2B
8.58x - - 6.01% 1.71B
74.8x0.49x10.37x-.--% 809M
Average 22.86x 0.49x 8.63x 2.63% 12.64B
Weighted average by Cap. 17.33x 0.68x 9.16x 1.67%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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