Added to YB: 2025-11-26
Pitch date: 2025-11-24
AHT.L [neutral]
Ashtead Technology Holdings Plc
+1.82%
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 3.29
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
N/A
Heavy Moat Investments | November Valuation update - Ashtead Technology Plc
AHT.L (trimmed position): Cut 2/3 of position after reassessing O&G cyclicality. Revised score from 51 to 45, lowered margins to 15-28% vs 23-30%, bear case now -5% revenue growth. Fixed assets create operating deleverage risk in downturns. May exit remaining third as outside circle of competence.
Read full article (1 min)