VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Wednesday, January 7, 2026
Stock Comparison
Ambev S.A. vs Alimentation Couche-Tard Inc.
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
Ambev S.A.
ABEV3 · B3 - Brasil Bolsa Balcao
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Ambev S.A.'s moat claims, evidence, and risks.
View ABEV3 analysisAlimentation Couche-Tard Inc.
ATD · Toronto Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Alimentation Couche-Tard Inc.'s moat claims, evidence, and risks.
View ATD analysisComparison highlights
- Moat score gap: Ambev S.A. leads (82 / 100 vs 58 / 100 for Alimentation Couche-Tard Inc.).
- Segment focus: Ambev S.A. has 5 segments (45% in Brazil - Beer); Alimentation Couche-Tard Inc. has 3 segments (74% in Road transportation fuel (retail fuel and related mobility services)).
- Primary market structure: Oligopoly vs Competitive. Pricing power: Moderate vs Weak.
- Moat breadth: Ambev S.A. has 3 moat types across 3 domains; Alimentation Couche-Tard Inc. has 5 across 2.
Primary market context
Ambev S.A.
Brazil - Beer
Beer production and distribution
Brazil
On-trade and off-trade retailers; distributors
Producer & distributor
45%
Alimentation Couche-Tard Inc.
Road transportation fuel (retail fuel and related mobility services)
Road transportation fuel retail (gasoline/diesel) at convenience sites; includes unmanned/automated fuel stations
North America and Europe (plus select other regions via the network)
Consumers and small fleets
Fuel retailer and site operator
74%
Side-by-side metrics
Moat coverage
Shared moat types
Ambev S.A. strengths
Alimentation Couche-Tard Inc. strengths
Segment mix
Ambev S.A. segments
Full profile >Brazil - Beer
Oligopoly
Brazil - Non-alcoholic beverages
Oligopoly
Central America and the Caribbean
Oligopoly
Latin America South
Oligopoly
Canada
Oligopoly
Alimentation Couche-Tard Inc. segments
Full profile >Merchandise and services (in-store convenience retail)
Competitive
Road transportation fuel (retail fuel and related mobility services)
Competitive
Other revenues (ancillary energy and other income streams)
Competitive
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Proven models entering the expansion stage with unit economics that work.
View expansion-stage stocksCuration & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.