Added to YB: 2025-07-28
Pitch date: 2025-07-23
AT.L [bullish]
Ashtead Technology Holdings Plc
+3.08%
current return
Author Info
Pound the Rock Investing, written by Adam Wilk, the founder and CIO of Greystone Capital Management, will serve as an ongoing discussion about business, investing and things I find interesting. 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 3.25
Price Target
8.70 (+160%)
Dividend
0.37%
EV/EBITDA
5.37
P/E
8.94
EV/Sales
2.10
Sector
Trading Companies and Distributors
Category
growth
More Interesting Ideas for 2025 - Ashtead Technology Holdings Plc
AT.L: Subsea equipment rental platform with 50% global market share in Survey/Robotics. Revenue +45%, EBITA +63% CAGR since 2017. Equipment payback 1-2yr, 25% pre-tax ROIC, >30% ROE. Down 41% YTD despite strong execution, trading at 7.3x earnings, 4.8x EV/EBITDA. 20% earnings growth potential.
Read full article (2 min)