ASHTEAD GROUP ORD GBP0.10

Symbol: AHT

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Overview

Core Data
Latest Dividend Information

Ex-Dividend Date 11 Jan 2024
Pay Date 8 Feb 2024
Total Dividends - Year to Date79.65
Dividend Yield (%)1.3891

Historical Data & Ratios

Avg Volume Over 10 Days1.1962
Market Cap (M)24832.3700
Price/Earnings (PE)19.635
Earnings Per Share292.03
Revenue Per Share17.5744
Return on Equity %29.3017

1 Month Performance Chart

One Month Chart

Broker View
Data shown is based on the past 75 days of broker views.

ActionBrokers

Strong Buy6

Buy9

Neutral4

Sell1

Strong Sell0

Brokers 6 9 4 1 0
Consensus

ConsensusBuy

Not advice based on your circumstances. Does not constitute a recommendation to buy or sell this or any other security. Selected data supplied by Digital Look® Read more.

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate

Cost Category % of Investment lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here
0.35%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
N/A N/A
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges

lump sum invested with an assumed growth rate of 1 year years
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate
What you might get back at with charges applied

What you might get back at with charges applied

These are the illustrative values of a investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Charts

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      Company

      Business Summary

      Ashtead Group plc is a United Kingdom-based international equipment rental company with national networks in the United States, Canada, and the United Kingdom under the brand name Sunbelt Rentals. The Company rents a range of construction and industrial equipment across a variety of applications to a diverse customer base. The Sunbelt US is construction and industrial equipment rental division which has around 1,157 stores. It rent a wide range of equipment from a network of stores clustered in major metropolitan areas from Washington DC, and Baltimore on the Atlantic Coast through Miami, Tampa and Orlando in Florida to Los Angeles and Seattle on the West Coast. The Company’s Canada division has its stores in Alberta, British Colombia, Manitoba, New Brunswick, Nova Scotia, Ontario, Quebec, and Saskatchewan. The Sunbelt UK rents a range of equipment and operates approximately 192 stores and various markets in the United Kingdom. Its equipment’s are used in lift, power, and more.

      Financial Summary

      BRIEF: For the nine months ended 31 January 2024, Ashtead Group plc revenues increased 14% to $8.23B. Net income remained flat at $1.27B. Revenues reflect Sunbelt US segment increase of 15% to $7.07B, Sunbelt Canada segment increase of 9% to $501.3M, Sunbelt UK segment increase of 6% to $657.8M, United States segment increase of 15% to $7.07B, Canada segment increase of 9% to $501.3M, United Kingdom segment increase of 6% to $657.8M.

      Financials


      Income Statement - All values are in GBP (M).

      Year Ending

      30/04/2023

      30/04/2022

      30/04/2021

      30/04/2020

      30/04/2019

      30/04/2018

      Total Revenue 9,667.30 7,962.30 5,031.10 6,341.26 5,710.01 4,702.93
      Gross profit 7,247.50 5,783.50 3,766.90 4,804.00 4,332.50 3,595.21
      Operating Profit/Loss 2,522.00 1,900.70 1,135.30 1,514.92 1,539.17 1,233.85
      Profit Before Tax 2,155.80 1,668.10 936.00 1,233.22 1,344.51 1,094.01
      Profit After Tax 1,617.70 1,251.10 697.40 928.18 1,011.27 745.29
      Equity Holders of Parent Company 1,617.70 1,251.10 697.40 928.18 1,011.27 1,229.41
      Minority Interest NIL NIL NIL NIL NIL NIL


      Balance Sheet - All values are in GBP (M).

      Year Ending

      30/04/2023

      30/04/2022

      30/04/2021

      30/04/2020

      30/04/2019

      30/04/2018

      Total Non-Current Assets 16,844.30 13,708.70 8,383.70 11,736.77 9,380.85 7,582.80
      Total Current Assets 1,885.00 1,581.40 889.00 1,479.53 1,224.84 974.09
      Total Assets 18,729.30 15,290.10 9,272.70 13,216.30 10,605.70 8,556.89
      Total Liabilities 12,721.30 10,256.40 6,004.00 9,486.79 7,051.85 5,350.24
      Total Net Assets 6,008.00 5,033.70 3,268.70 3,729.52 3,553.84 3,206.64
      Shareholders Funds 6,008.00 5,033.70 3,268.70 3,729.52 3,553.84 3,206.64
      Minority Interests NIL NIL NIL NIL NIL NIL
      Total Equity 6,008.00 5,033.70 3,268.70 3,729.52 3,553.84 3,206.64

      Outlook

      Broker View
      Data shown is based on the past 75 days of broker views.

      ActionBrokers

      Strong Buy6

      Buy9

      Neutral4

      Sell1

      Strong Sell0

      Brokers 6 9 4 1 0
      Consensus

      ConsensusBuy

      Not advice based on your circumstances. Does not constitute a recommendation to buy or sell this or any other security. Selected data supplied by Digital Look® Read more.

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      Forecasts

      Year 2024 2025 2026
      Revenue £10,876.50mn £11,543.80mn £12,487.70mn
      Pre-tax-Profit £2,770.32mn £2,930.51mn £3,182.21mn
      EPS £3.12p £3.31p £3.81p
      EPS Growth -19.60% 6.01% 14.97%
      P/E 17.91 16.89 14.69
      PEG Ratio -0.91 2.81 0.98
      Dividend 80.67p 87.51p 95.96p
      Yield 0.00% 0.00% 0.00%

      Upgrades & Downgrades (Latest)

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      22nd Nov 2023RBC Capital MarketsReiteration4725p5500p5300pSector perform
      21st Nov 2023BarclaysReiteration4708p6300p6000pOverweight
      21st Nov 2023JP Morgan CazenoveReiteration4708p6300p5800pOverweight
      11th Sep 2023NumisReiteration5150p0p7000pBuy
      7th Sep 2023RBC Capital MarketsReiteration5166p445p480pOutperform
      6th Sep 2023JP Morgan CazenoveReiteration5234p0p6300pOverweight

      Time & Sales

      Sorry, sales information on this investment is not available at this time.

      Investment involves risk. You may get back less than invested.