1.57%
7.15%
-8.09%
-5.03%
2.27%
1.41%
116.70%
AI Spotlight on AHT
Company Description
Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada.It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.The company offers its products and services for facilities maintenance and municipalities, such as office complexes, apartment complexes, government, hospitals, data centers, parks and recreation departments, schools and universities, shopping centers, pavement/kerb repairs, and golf course maintenance; construction of airports, highways and bridges, office buildings, data centers, schools and universities, shopping centers, residential, remodeling, manufacturing plants, and green energy plants; emergency response for fire, hurricanes, flooding, tornadoes, winter, storms, residential and health emergencies, alternative care facilities, points of distribution, and mobile testing facilities; and entertainment and special events, including national events, concerts, sporting events, film and telvision production, theme parks, festivals farmers' markets, local 5k runs, and cycle races.
It operates 967 stores in the United States, 89 stores in Canada, and 177 stores in the United Kingdom under the Sunbelt Rentals brand.The company was founded in 1947 and is headquartered in London, the United Kingdom.
Market Data
| Last Price | 5320 |
| Change Percentage | 1.57% |
| Open | 5196 |
| Previous Close | 5238 |
| Market Cap ( Millions) | 23168 |
| Volume | 1086932 |
| Year High | 6448 |
| Year Low | 4807 |
| M A 50 | 5453.6 |
| M A 200 | 5547.43 |
Financial Ratios
| FCF Yield | 3.24% |
| Dividend Yield | 0.02% |
| ROE | 21.43% |
| Debt / Equity | 146.30% |
| Net Debt / EBIDTA | 218.97% |
| Price To Book | 3.87 |
| Price Earnings Ratio | 18.74 |
| Price To FCF | 30.9 |
| Price To sales | 2.62 |
| EV / EBITDA | 7.95 |
News
- Jan -28 - New Strong Sell Stocks for January 28th
- Jan -07 - Bear Of The Day: Ashtead Group (ASHTY)
- Jan -06 - New Strong Sell Stocks for January 6th
- Dec -13 - Ashtead Group's Q2 Earnings Miss Estimates, Revenues Rise Y/Y
- Dec -12 - Ashtead Group PLC (ASHTF) Q2 2024 Earnings Call Highlights: Record Revenues Amid Market Challenges
- Dec -12 - Ashtead Group Second Quarter 2025 Earnings: EPS Misses Expectations
- Dec -10 - Pound surges against euro as European economy struggles
- Dec -10 - Ashtead Plans to Move Primary Listing to US in Blow to London
- Dec -10 - FTSE giant deals Β£27bn blow to London stock market
- Dec -10 - UK's Ashtead proposes move to New York listing; warns on profit
- Dec -10 - UK's Ashtead plans New York listing, profit warning spooks investors
- Nov -27 - Ashtead acquires Seatronics and J2 Subsea for $81m
- Nov -22 - When Should You Buy Ashtead Group plc (LON:AHT)?
- Nov -12 - FTSE 100 winners and losers following Trump's US election win
- Nov -04 - Stocks to watch if Donald Trump wins the US election
- Oct -23 - A Look At The Intrinsic Value Of Ashtead Group plc (LON:AHT)
- Sep -24 - Ashtead Group (LSE:AHT) Reports Strong Revenue Growth and Dividend Increase Despite Market Challenges
- Sep -05 - Ashtead Group plc (LON:AHT) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
- Sep -04 - Ashtead Group Q1 Earnings Surpass Estimates, Revenues Rise Y/Y
- Sep -04 - Ashtead Group First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> United States
Expected Growth : 7 %
What the company do ?
The United States is a key market for Ashtead Group plc, a UK-based equipment rental company, where it generates significant revenue through its Sunbelt Rentals business.
Why we expect these perspectives ?
Ashtead Group plc's 7% growth in the United States is driven by increasing demand for equipment rental services, particularly in the construction and industrial sectors. Strong economic growth, infrastructure development, and rising oil prices also contribute to this growth. Additionally, the company's strategic acquisitions and investments in technology have enhanced its operational efficiency and expanded its customer base.
Segment nΒ°2 -> United Kingdom
Expected Growth : 8 %
What the company do ?
The United Kingdom, comprising England, Scotland, Wales, and Northern Ireland, is a sovereign state in Northwest Europe, with Ashtead Group plc being a leading international equipment rental company based in the UK.
Why we expect these perspectives ?
Ashtead Group plc's 8% growth in the UK is driven by increasing infrastructure spending, particularly in transportation and energy projects. Additionally, the company's focus on sustainability and environmental initiatives resonates with the UK's green agenda, leading to growing demand for its equipment rental services. Furthermore, the UK's construction industry's shift towards more efficient and technology-driven practices also contributes to Ashtead's growth.
Segment nΒ°3 -> Canada
Expected Growth : 6 %
What the company do ?
Canada segment from Ashtead Group plc refers to the company's operations in Canada, providing equipment rental solutions to various industries.
Why we expect these perspectives ?
Canada's 6% growth for Ashtead Group plc is driven by increasing infrastructure investments, a thriving oil and gas sector, and a strong demand for equipment rentals in the construction industry. Additionally, the country's focus on renewable energy and government initiatives to boost economic growth contribute to this growth rate.
Ashtead Group Plc Products
| Product Range | What is it ? |
|---|---|
| Equipment Rental | Ashtead Group plc provides a wide range of equipment for rent to construction, industrial, and non-residential construction markets. |
| Pump and Dewatering Solutions | Ashtead offers a range of pumps and dewatering solutions for construction, mining, and industrial applications. |
| Climate Control and HVAC Solutions | Ashtead provides climate control and HVAC solutions for temporary heating, cooling, and ventilation needs. |
| Power Generation and Distribution | Ashtead offers power generation and distribution solutions for temporary power needs. |
| Oil-Free Air Solutions | Ashtead provides oil-free air solutions for industrial and construction applications. |
Ashtead Group plc's Porter Forces
Threat Of Substitutes
Ashtead Group plc operates in the equipment rental industry, which has a moderate threat of substitutes. While there are alternative options available, such as buying equipment outright, the convenience and cost-effectiveness of renting equipment make it a preferred choice for many customers.
Bargaining Power Of Customers
Ashtead Group plc has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's equipment rental services are often essential to its customers' operations, giving the company an upper hand in negotiations.
Bargaining Power Of Suppliers
Ashtead Group plc relies on a few large suppliers for its equipment, which gives these suppliers some bargaining power. However, the company's large scale of operations and long-term relationships with suppliers mitigate this power to some extent.
Threat Of New Entrants
The equipment rental industry has high barriers to entry, including significant capital requirements and the need for specialized expertise. This makes it difficult for new entrants to challenge established players like Ashtead Group plc.
Intensity Of Rivalry
The equipment rental industry is highly competitive, with several large players vying for market share. Ashtead Group plc faces intense competition from rivals such as United Rentals and Rentaquip, which can lead to pricing pressure and aggressive marketing tactics.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 59.94% |
| Debt Cost | 5.36% |
| Equity Weight | 40.06% |
| Equity Cost | 10.41% |
| WACC | 7.39% |
| Leverage | 149.62% |
Ashtead Group plc : Quality Control
Ashtead Group plc passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| DG.PA | VINCI SA, together with its subsidiaries, operates in the concessions, energy, and construction segments primarily in France. It Concessions segment operates motorway concessions with a network of 4,419 kilometers in β¦ |
| SGO.PA | Compagnie de Saint-Gobain S.A. designs, manufactures, and distributes materials and solutions for wellbeing worldwide. It operates through five segments: High Performance Solutions; Northern Europe; Southern Europe Β Middle East (ME) β¦ |
| VOLV-B.ST | AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. The β¦ |
| AER | AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft β¦ |
| BA.L | BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Cyber & Intelligence, Platforms & Services (US), Air, and Maritime. The Electronic β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
π₯
Saint-Gobain
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Vinci
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Volvo
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4
BAE Systems
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5
Ashtead
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1-Year Total Return ->
6
