Alimentation Couche-Tard (MEX:ATDN) Scaled Net Operating Assets: 0.73 (As of Apr. 2026)


MEX:ATDN Alimentation Couche-Tard Inc MEX:ATDN
94 GF Score
Price MXN1,076.17
GF Value MXN973.66
! 8 Warning Signs
View Full Analysis

What is Alimentation Couche-Tard Scaled Net Operating Assets?

Alimentation Couche-Tard MEX:ATDN 94 Scaled Net Operating Assets is 0.73 as of Apr. 2026. GuruFocus rates MEX:ATDN with a GF Score™ of 94/100 and a GF Value™ of MXN973.66. The stock has 8 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Alimentation Couche-Tard's operating assets for the quarter that ended in Apr. 2026 was MXN707,241 Mil. Alimentation Couche-Tard's operating liabilities for the quarter that ended in Apr. 2026 was MXN188,540 Mil. Alimentation Couche-Tard's Total Assets for the quarter that ended in Jan. 2026 was MXN709,474 Mil. Therefore, Alimentation Couche-Tard's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.73.


Alimentation Couche-Tard Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Alimentation Couche-Tard's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Alimentation Couche-Tard Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.63 0.85 0.83 0.69

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
Scaled Net Operating Assets 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 0.69 0.72 0.71 0.69 0.73

MEX:ATDN vs CASY, WSM, ULTA: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Alimentation Couche-Tard's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alimentation Couche-Tard's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Alimentation Couche-Tard's Scaled Net Operating Assets falls into.


MEX:ATDN
94GF Score
Alimentation Couche-Tard Inc MEX:ATDN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alimentation Couche-Tard Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Alimentation Couche-Tard's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2026 )
=(Operating Assets (A: Apr. 2026 )-Operating Liabilities (A: Apr. 2026 ))/Total Assets (A: Apr. 2025 )
=(707240.563-188539.798)/750387.844
=0.69

where

Operating Assets(A: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=762242.869 - 55002.306
=707240.563

Operating Liabilities(A: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=476609.578 - 262879.877 - 25189.903
=188539.798

Alimentation Couche-Tard's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Jan. 2026 )
=(707240.563-188539.798)/709473.6
=0.73

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=762242.869 - 55002.306
=707240.563

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=476609.578 - 262879.877 - 25189.903
=188539.798

* 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 Scaled Net Operating Assets of 0.73 mean?
Alimentation Couche-Tard (MEX:ATDN) has a Scaled Net Operating Assets of 0.73 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Alimentation Couche-Tard and its competitors.
Is Alimentation Couche-Tard's Scaled Net Operating Assets too high?
Alimentation Couche-Tard's current Scaled Net Operating Assets is 0.73. 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 Scaled Net Operating Assets compare to CASY and WSM?
Alimentation Couche-Tard's Scaled Net Operating Assets of 0.73 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Alimentation Couche-Tard and its competitors. Alimentation Couche-Tard's current Scaled Net Operating Assets is 0.73. 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 Scaled Net Operating Assets of 0.73. The stock's GF Value™ is MXN973.66, compared to a current price of MXN1,076.17 — trading 10.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.73. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Alimentation Couche-Tard (MEX:ATDN), the current Scaled Net Operating Assets is 0.73 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 10.5% above its estimated GF Value™ of MXN973.66.

Key valuation signals for MEX:ATDN:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: MXN973.66 vs. price of MXN1,076.17 (10.5% above fair value)
  • GF Score™: 94/100 with 8 warning signs

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 Business Description

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.
94GF Score

Get the complete analysis for MEX:ATDN

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,076.17
Price
MXN973.66
GF Value