TSX:ATD - Post Discussion
Post by
retiredcf on Mar 24, 2023 8:38am
Analyst Recommendation
BUY
Alimentation Couche-Tard(ATD-T)
23/03/2023
ATD vs. DOL
Both are timely, great secular growers. If he really had to choose, he'd pick ATD because of the more attractive valuation of 15-16x. DOL is in the mid-high 20s multiple, but it's justifiable because it has a faster organic growth rate. ATD has a more under-levered balance sheet, a capable serial acquirer. ATD announced significant transaction last week, increases presence in Europe. Good deal, high single-digit accretion, manageable financially, more to come.
Food Stores
Brian Madden
$64.060
Owned
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