Added to YB: 2025-08-01
Pitch date: 2025-07-31
AT.L [bullish]
Ashtead Technology Holdings Plc
-2.76%
current return
Author Info
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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 3.44
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
Half-Year Investor Letter – July 2025: Newest Addition - Ashtead Technology Holdings Plc
AT.L (new position): Specialist in subsea equipment rental/services for offshore energy - oil, gas & increasingly wind. Capital-light business with mission-critical offerings & strong secular tailwinds from offshore infrastructure growth. Management excels at bolt-on M&A, delivering excellent ROIC. One-stop shop moat strengthening in growing niche.
Read full article (1 min)