P/E ratio of 15
Payout ratio on profit 12
Dividend not reduced for 15 years
Annual dividend growth on the last 5-10 years = 20%.
Annual growth of profit on 5 years = 15%.
Annual growth in profit over 10 years = 23%.
Dividend is estimated to grow 31%, I think possible due to low payout ratio.
Price gain over the last 15 years = 1000
Price gain of the last 10 years = 836 %.
Couche Tard operates independent grocery stores for immediate consumption.
Over 8,000 stores in Canada and US.
Approx. 4,400 in Europe
I find ok, but is expandable and therefore see more growth potential in the long term.
Currently I think the company is still suffering from the pandemic, which is why the future forecasts could rather provide for a sideways running share price. But who knows ;)
But as a long-term investor, I already feel somewhat addressed:)
Does anyone from the community have experience with an investment in this company?
Source of the key figures:
