Alimentation Couche-TardMEX:ATDN 94 Return-on-Tangible-Equity is 93.21% as of Apr. 2026, which is 29% above its 10-year median of 72.10. GuruFocus rates MEX:ATDN with a GF Score™ of 94/100 and a GF Value™ of MXN972.20. The stock has 8 warning signs investors should review. Among 1,063 Retail - Cyclical companies, Alimentation Couche-Tard ranks better than 91.72% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Alimentation Couche-Tard's annualized net income for the quarter that ended in Apr. 2026 was MXN60,494 Mil. Alimentation Couche-Tard's average shareholder tangible equity for the quarter that ended in Apr. 2026 was MXN64,903 Mil. Therefore, Alimentation Couche-Tard's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 93.21%.
The historical rank and industry rank for Alimentation Couche-Tard's Return-on-Tangible-Equity or its related term are showing as below:
MEX:ATDN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 45.06 Med: 72.1 Max: 125.18
Current: 83.85
During the past 13 years, Alimentation Couche-Tard's highest Return-on-Tangible-Equity was 125.18%. The lowest was 45.06%. And the median was 72.10%.
MEX:ATDN's Return-on-Tangible-Equity is ranked better than 91.72% of 1063
companies
in the Retail - Cyclical industry
Industry Median: 8.27
vs MEX:ATDN: 83.85
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Alimentation Couche-Tard Return-on-Tangible-Equity Related Terms
Alimentation Couche-Tard Return-on-Tangible-Equity Historical Data
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The historical data trend for Alimentation Couche-Tard's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:ATDN vs CASY, WSM, ULTA: Return-on-Tangible-Equity Comparison
For the Specialty Retail subindustry, Alimentation Couche-Tard's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Alimentation Couche-Tard Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Alimentation Couche-Tard's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Alimentation Couche-Tard's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 93.21% mean?
Alimentation Couche-Tard (MEX:ATDN) has a Return-on-Tangible-Equity of 93.21% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Alimentation Couche-Tard and its competitors. This is 29% above median its historical median of 72.10. Over the past decade, Alimentation Couche-Tard's Return-on-Tangible-Equity has ranged from 45.06 to 125.18. According to the industry distribution chart, Alimentation Couche-Tard ranks #88 out of 1063 companies in the Retail - Cyclical industry, placing it in the top 8.3%.
Is Alimentation Couche-Tard's Return-on-Tangible-Equity too high?
Alimentation Couche-Tard's current Return-on-Tangible-Equity of 93.21% is 29% above median its 10-year median of 72.10. Over the past 10 years, this metric has ranged from a low of 45.06 to a high of 125.18. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.27. Alimentation Couche-Tard's value of 93.21% is 1027.1% above this industry median. Based on the distribution chart, Alimentation Couche-Tard ranks #88 out of 1063 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Alimentation Couche-Tard has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Alimentation Couche-Tard's Return-on-Tangible-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Alimentation Couche-Tard ranks #88 out of 1063 companies for Return-on-Tangible-Equity. This places Alimentation Couche-Tard in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.27. Alimentation Couche-Tard's value of 93.21% is 1027.1% above this benchmark. Historically, Alimentation Couche-Tard's own Return-on-Tangible-Equity has ranged from 45.06 to 125.18 over the past decade. While the company's 10-year median is 72.10 vs. the industry median of 8.27, Alimentation Couche-Tard has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.27, based on 1,063 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alimentation Couche-Tard's current Return-on-Tangible-Equity of 93.21% is 1027.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Alimentation Couche-Tard and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alimentation Couche-Tard's current Return-on-Tangible-Equity is 93.21%, which is 29% above median its own 10-year median of 72.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alimentation Couche-Tard stock overvalued right now?
Alimentation Couche-Tard (MEX:ATDN) has a current Return-on-Tangible-Equity of 93.21%. The stock's GF Value™ is MXN972.20, compared to a current price of MXN1,076.17 — trading 10.7% above its estimated fair value. The current Return-on-Tangible-Equity is 93.21%, which is 29% above median its 10-year median of 72.10 and 1027.1% above the Retail - Cyclical industry median of 8.27. Alimentation Couche-Tard's overall GF Score™ is 94/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Alimentation Couche-Tard (MEX:ATDN), the current Return-on-Tangible-Equity is 93.21% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Alimentation Couche-Tard (MEX:ATDN) Overvalued in 2026?
Based on GuruFocus' analysis, Alimentation Couche-Tard stock appears to be overvalued.
The current stock price of MXN1,076.17 is trading 10.7% above its estimated GF Value™ of MXN972.20.
Key valuation signals for MEX:ATDN:
Return-on-Tangible-Equity: 93.21% (29% above median its 10-year median of 72.10)
GF Value™: MXN972.20 vs. price of MXN1,076.17 (10.7% above fair value)
Industry Position: 1027.1% above the Retail - Cyclical median (#88 of 1063)
No single metric tells the full story. See the MEX:ATDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Europe, and Asia. The company generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates stores under the Circle K banner in other countries such as Indonesia, Egypt, Macau, and others. Its operation is geographically divided into the U.S., Europe and other regions, and Canada. Revenue from external customers falls mainly into three categories: merchandise and services, road transportation fuel, and others. The company generates the majority of its revenue from the United States.
94GF Score
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