Alimentation Couche-TardMEX:ATDN 94 ROC (Joel Greenblatt) % is 25.00% as of Apr. 2026, which is 1% above its 10-year median of 24.64. 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 1,128 Retail - Cyclical companies, Alimentation Couche-Tard ranks better than 71.19% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Alimentation Couche-Tard's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 25.00%.
The historical rank and industry rank for Alimentation Couche-Tard's ROC (Joel Greenblatt) % or its related term are showing as below:
MEX:ATDN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 20.98 Med: 24.64 Max: 29.63
Current: 23.96
During the past 13 years, Alimentation Couche-Tard's highest ROC (Joel Greenblatt) % was 29.63%. The lowest was 20.98%. And the median was 24.64%.
MEX:ATDN's ROC (Joel Greenblatt) % is ranked better than 71.19% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 11.545
vs MEX:ATDN: 23.96
Alimentation Couche-Tard's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -3.60% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Alimentation Couche-Tard ROC (Joel Greenblatt) % Related Terms
Alimentation Couche-Tard ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Alimentation Couche-Tard's ROC (Joel Greenblatt) % 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: ROC (Joel Greenblatt) % Comparison
For the Specialty Retail subindustry, Alimentation Couche-Tard's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Alimentation Couche-Tard's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Alimentation Couche-Tard's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 25.00% mean?
Alimentation Couche-Tard (MEX:ATDN) has a ROC (Joel Greenblatt) % of 25.00% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Alimentation Couche-Tard and its competitors. This is near median its historical median of 24.64. Over the past decade, Alimentation Couche-Tard's ROC (Joel Greenblatt) % has ranged from 20.98 to 29.63. According to the industry distribution chart, Alimentation Couche-Tard ranks #325 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 28.8%.
Is Alimentation Couche-Tard's ROC (Joel Greenblatt) % too high?
Alimentation Couche-Tard's current ROC (Joel Greenblatt) % of 25.00% is near median its 10-year median of 24.64. Over the past 10 years, this metric has ranged from a low of 20.98 to a high of 29.63. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.55. Alimentation Couche-Tard's value of 25.00% is 116.5% above this industry median. Based on the distribution chart, Alimentation Couche-Tard ranks #325 out of 1128 companies in the Retail - Cyclical industry, which is above the industry midpoint. 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 ROC (Joel Greenblatt) % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Alimentation Couche-Tard ranks #325 out of 1128 companies for ROC (Joel Greenblatt) %. This puts Alimentation Couche-Tard in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.55. Alimentation Couche-Tard's value of 25.00% is 116.5% above this benchmark. Historically, Alimentation Couche-Tard's own ROC (Joel Greenblatt) % has ranged from 20.98 to 29.63 over the past decade. While the company's 10-year median is 24.64 vs. the industry median of 11.55, 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 ROC (Joel Greenblatt) % for a Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.55, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alimentation Couche-Tard's current ROC (Joel Greenblatt) % of 25.00% is 116.5% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Alimentation Couche-Tard and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alimentation Couche-Tard's current ROC (Joel Greenblatt) % is 25.00%, which is near median its own 10-year median of 24.64. 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 ROC (Joel Greenblatt) % of 25.00%. 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 ROC (Joel Greenblatt) % is 25.00%, which is near median its 10-year median of 24.64 and 116.5% above the Retail - Cyclical industry median of 11.55. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Alimentation Couche-Tard (MEX:ATDN), the current ROC (Joel Greenblatt) % is 25.00% 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:
ROC (Joel Greenblatt) %: 25.00% (near median its 10-year median of 24.64)
GF Value™: MXN972.20 vs. price of MXN1,076.17 (10.7% above fair value)
Industry Position: 116.5% above the Retail - Cyclical median (#325 of 1128)
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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