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Added to YB: 2025-07-15

Pitch date: 2025-07-13

AHT.L [neutral]

Ashtead Group plc

+8.39%

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 47.40

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

value

Show full summary:
Another 'secret' British stock - Ashtead Group plc

AHT.L (overview): Equipment rental giant w/ 10% N.American mkt share. Strong ROIC >10% past decade. FCF yield highest in years. Risks: high debt (5yr earnings), recession vulnerability, capital intensity. Bull case: mega-projects exposure, bolt-on acquisitions, operational efficiencies. Payback Time price: £37.49 vs Ten Cap price: £40.59.

Read full article (5 min)