Added to YB: 2025-05-07
Pitch date: 2025-05-05
AT.L [neutral]
Ashtead Technology Holdings Plc
-32.6%
current return
Author Info
Increasing Odds shares their investment journey in their newsletter. Sign up for the newsletter.
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 4.97
Price Target
N/A
Dividend
0.37%
EV/EBITDA
5.37
P/E
8.94
EV/Sales
2.10
Sector
Trading Companies and Distributors
Category
growth
Exploring AIM: A-Z Part 3 - Ashtead Technology Holdings Plc
AT.L (quick overview): Subsea equipment rental and solutions provider. FY24 strong with inorganic growth. Medium-term targets: double-digit growth, high-20s adj. EBITA margins. Fwd EV/EBIT 9x. Capex ~20% of revenue, FCF positive. Offshore energy market growing 9% to 2028. Risks: cyclical exposure and fleet utilization during downturn.
Read full article (1 min)