Added to YB: 2025-05-28
Pitch date: 2025-03-31
AHT.L [neutral]
Ashtead Group plc
+24.42%
current return
Author Info
No bio for this author
Company Info
Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business under the Sunbelt Rentals brand name in the United States, the United Kingdom, and Canada.
Market Cap
GBP 26.6B
Pitch Price
GBP 41.30
Price Target
N/A
Dividend
1.70%
EV/EBITDA
7.39
P/E
18.61
EV/Sales
3.40
Sector
Trading Companies and Distributors
Category
growth
The Gabelli Global Rising Income & Dividend Fund Portfolio Holding: Ashtead Group plc
AHT.L (holding update): UK-based Sunbelt Rentals parent with 1,300+ stores, 2nd largest US equipment rental co. Despite soft local construction markets, positioned for growth from megaprojects (infrastructure, reshoring, tech). Seeking US primary listing/rebrand in 2026 for better alignment with core business, improved liquidity & US index inclusion.
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