Professional
Added to YB: 2025-01-14
Pitch date: 2025-01-11
AHT.L [neutral]
Ashtead Group plc
+8.49%
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 48.00
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
growth
Alphyn Capital Management Portfolio Holding: Ashtead Group plc
AHT.L: Ashtead facing US rental revenue growth slowdown (2-4%). Mitigated by Specialty div (+14% Q, 10% US penetration) & mega projects ($974B, 2025-27). Risks: cyclicality, pricing discipline. New 'Sunbelt 4.0' strategy: organic growth, expanded services, efficiency focus. Monitoring needed for stable growth thesis.
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