ALD

ALD: Fuel & Convenience Giant - Premium Pricing, Transition Timing

Ampol trades at $31.62 vs $27.23 fair value (16% premium). Australia's only integrated refiner with 27% market share faces energy transition pressures. ROIC 5.8% trails WACC 8.85%. EG acquisition targeting $65-80m synergies. 25% EV adoption by 2030 creates 7-10 year adaptation window.