Added to YB: 2025-05-06
Pitch date: 2025-03-16
AT.L [bullish]
Ashtead Technology Holdings Plc
-36.52%
current return
Author Info
No bio for this author
Company Info
Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East.
Market Cap
GBP 259.6M
Pitch Price
GBP 5.28
Price Target
26.00 (+676%)
Dividend
0.37%
EV/EBITDA
5.37
P/E
8.94
EV/Sales
2.10
Sector
Trading Companies and Distributors
Category
growth
Ashtead Technology Holdings Plc - $AT.L
AT.L: Subsea equipment rental leader, 40yr history. 45% rev CAGR, 63% EBITA CAGR since 2017 M&A strategy. Trades at 9.6x run-rate earnings after 42% share drop despite strong fundamentals. One-stop shop valued for reliability by offshore O&G/wind clients. Expect 38% IRR from 20% EPS CAGR & multiple expansion.
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