Alimentation Couche-Tard (TSX:ATD) ROCE %: 15.01% (As of Apr. 2026)


TSX:ATD Alimentation Couche-Tard Inc TSX:ATD
84 GF Score
Price C$93.76
GF Value C$84.36
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Alimentation Couche-Tard ROCE %?

Alimentation Couche-Tard TSX:ATD +2.06% 84 ROCE % is 15.01% as of Apr. 2026. GuruFocus rates TSX:ATD with a GF Score™ of 84/100 and a GF Value™ of C$84.36 (Modestly Overvalued). The stock has 9 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Alimentation Couche-Tard's annualized ROCE % for the quarter that ended in Apr. 2026 was 15.01%.


Alimentation Couche-Tard  (TSX:ATD) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Alimentation Couche-Tard ROCE % Related Terms


Alimentation Couche-Tard ROCE % Historical Data

* Premium members only.

The historical data trend for Alimentation Couche-Tard's ROCE % 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.

Alimentation Couche-Tard ROCE % Chart

Alimentation Couche-Tard Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.26 18.63 14.98 13.34 14.58

Alimentation Couche-Tard Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.68 15.20 14.43 14.71 15.01
TSX:ATD
84GF Score
Alimentation Couche-Tard Inc TSX:ATD
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Alimentation Couche-Tard ROCE % Calculation

Alimentation Couche-Tard's annualized ROCE % for the fiscal year that ended in Apr. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2026 )  (A: Apr. 2025 )(A: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2026 )  (A: Apr. 2025 )(A: Apr. 2026 )
=6595.318/( ( (53549.886 - 10649.747) + (59852.869 - 12277.783) )/ 2 )
=6595.318/( (42900.139+47575.086)/ 2 )
=6595.318/45237.6125
=14.58 %

Alimentation Couche-Tard's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=6968.876/( ( (56314.439 - 11007.849) + (59852.869 - 12277.783) )/ 2 )
=6968.876/( ( 45306.59 + 47575.086 )/ 2 )
=6968.876/46440.838
=15.01 %

(1) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 15.01% mean?
Alimentation Couche-Tard (TSX:ATD) has a ROCE % of 15.01% as of Apr. 2026.
Is Alimentation Couche-Tard's ROCE % too high?
Alimentation Couche-Tard's current ROCE % is 15.01%. The Retail - Cyclical industry median ROCE % is 7.58. Alimentation Couche-Tard's value of 15.01% is 98% above this industry median. Overall, Alimentation Couche-Tard has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alimentation Couche-Tard's ROCE % compare to CASY and WSM?
Alimentation Couche-Tard's ROCE % of 15.01% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.58. Alimentation Couche-Tard's value of 15.01% is 98% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.58, based on 1,117 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alimentation Couche-Tard's current ROCE % of 15.01% is 98% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Retail - Cyclical industry, the median ROCE % is 7.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alimentation Couche-Tard's current ROCE % is 15.01%. 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?
Based on GuruFocus' analysis, Alimentation Couche-Tard (TSX:ATD) is currently considered Modestly Overvalued. The stock's GF Value™ is C$84.36, compared to a current price of C$93.76 — trading 11.1% above its estimated fair value. The current ROCE % is 15.01% and 98% above the Retail - Cyclical industry median of 7.58. Alimentation Couche-Tard's overall GF Score™ is 84/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Alimentation Couche-Tard (TSX:ATD), the current ROCE % is 15.01% 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 (TSX:ATD) Overvalued in 2026?

Based on GuruFocus' analysis, Alimentation Couche-Tard stock appears to be overvalued. The current stock price of C$93.76 is trading 11.1% above its estimated GF Value™ of C$84.36. GuruFocus considers Alimentation Couche-Tard to be Modestly Overvalued.

Key valuation signals for TSX:ATD:

  • ROCE %: 15.01%
  • GF Value™: C$84.36 vs. price of C$93.76 (11.1% above fair value)
  • GF Score™: 84/100 with 9 warning signs
  • Industry Position: 98% above the Retail - Cyclical median

No single metric tells the full story. See the TSX:ATD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alimentation Couche-Tard Business Description

Other Exchanges ANCTF:USACJA0:Germany
Address 4204 Boulevard Industriel, Laval, QC, CAN, H7L 0E3
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.
84GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$93.76
Price
C$84.36
GF Value