Section 1: Introduction

Alimentation Couche-Tard Inc

Section 1: Company Overview

Alimentation Couche-Tard Inc (TSX: ATD) operates a network of convenience stores across North America, Ireland, Scandinavia, Poland, the Baltics, and Russia. The company primarily generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services.

Kalkine’s Inflation Report covers the Investment Highlights, Key Financial Metrics, Risks, Technical Analysis along with the Valuation, Target Price, and Recommendation on the stock.

1.1 The Key Positives, Negatives, Investment Highlights, and Risks

Section2:  Financial Highlights

2.1 Key Financial Highlights

Section 3:  Key Metrics

Below charts depict the change in Quick Ratio, EBITDA Margin and Gross Margin of the Company for the past five quarters.

Section 4:  Stock Recommendation Summary

4.1 Valuation Methodology Illustrative EV to Sales Based

4.2 Price Performance and Stock Recommendation

The stock has witnessed an upside of ~0.62% in 1 week and a downside of ~3.54% over the last 1 month. Moreover, the stock is trading below the average of 52-week high price of CAD 87.27 and 52-week low price of CAD 64.47 providing an opportunity to ride the trend.

4.3 One-Year Technical Price Chart

 One-Year Technical Price Chart (as of June 27, 2024). Source: REFINITIV, Analysis: Kalkine Group

 4.4 Technical Summary

MDA Space Ltd

Section 1: Company Overview

MDA Ltd (TSX: MDA) is a developer and manufacturer of advanced technology and services to the burgeoning global space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. Geographically it serves the United States, Europe, Asia, the Middle East and Others whilst generating key revenue from domestic sales in Canada. Kalkine’s Inflation Report covers the Investment Highlights, Key Financial Metrics, Risks, Technical Analysis along with the Valuation, Target Price, and Recommendation on the stock.

1.1 The Key Positives, Negatives, Investment Highlights, and Risks

Section 2:  Key Metrics

Below charts depict the change in Quick Ratio, Gross Margin and ROE ratios of the Company for the past five quarters.

Section 3:  Stock Recommendation Summary

3.1 Valuation Methodology Illustrative

3.2 Price Performance and Stock Recommendation

The stock has witnessed an upside of ~13.66% in 1 month and a downside of ~7.27% over the last 3 months. Moreover, the stock is trading above the average of 52-week high price of CAD 15.45 and 52-week low price of CAD 7.72 providing an opportunity to ride the trend.

3.3 One-Year Technical Price Chart

 One-Year Technical Price Chart (as of June 27, 2024). Source: REFINITIV, Analysis: Kalkine Group

 3.4 Technical Summary

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is June 27, 2024. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Dividend Yield may vary as per the stock price movement. 

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and the uptrend may take a pause due to profit booking or selling interest.

Stop-loss: In general, it is a level to protect further losses in case of any unfavourable movement in the stock prices.