Added to YB: 2026-01-13
Pitch date: 2026-01-09
AT.L [bullish]
Ashtead Technology Holdings Plc
Author Info
No Deep Dives write short theses on under-covered stocks from all over the world. 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 262.0M
Pitch Price
N/A
Price Target
N/A
Dividend
0.37%
EV/EBITDA
5.40
P/E
9.03
EV/Sales
2.11
Sector
Trading Companies and Distributors
Category
value
No Deep Dives Q4 2025 Portfolio Review - New Position: Ashtead Technology Holdings Plc
AT.L (new position): Subsea construction/inspection rental & services co bought at 311p. Trading 7x forward P/E, well below historical levels. Cheap on current earnings despite expected growth. Market awaits confirmed organic growth before re-rating. Widely disliked but fundamentals improving.
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