Ashtead Group plc
ASHTF
Market Cap$22.55B
Close$
Earnings Call Q3 2025
March 4, 2025 - AI Summary
Solid Revenue Growth: Ashtead Group reported Q3 results with U.S. rental revenues increasing by 4% year-on-year, while group rental revenues were up 5%. Group EBITDA grew by 3% to $3.9 billion, reflecting strong operational performance despite a planned decline in used equipment sales, which kept total revenues flat.
Strong Free Cash Flow and Return on Capital: The company generated free cash flow of $858 million in the first nine months of the fiscal year. The return on investment (ROI) stood at a strong 20%, and the management reaffirmed their focus on maintaining capital efficiency while dynamically reallocating capital to growth areas despite some transitory market softness.
Challenges in Local Non-residential Construction: The local commercial construction market is experiencing softness due to prolonged higher interest rates affecting smaller regional developers. Although there is a downside in the local segment, the management remains optimistic about recovery and believes it will provide future growth opportunities.
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$154.82
195.4% upside
Current Fair Value
195.4% upsideUndervalued by 195.4% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $22.55 Billion |
|---|---|
| Enterprise Value | $33.17 Billion |
| Dividend Yield | $1.24932 (0.0225529144392412%) |
| Earnings per Share | $3.66 |
| Beta | 1.19 |
| Outstanding Shares | 436,500,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 15.01 |
|---|---|
| PEG | -927.08 |
| Price to Sales | 2.1 |
| Price to Book Ratio | 3.08 |
| Enterprise Value to Revenue | 3.02 |
| Enterprise Value to EBIT | 11.85 |
| Enterprise Value to Net Income | 21 |
| Total Debt to Enterprise | 0.32 |
| Debt to Equity | 1.39 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Ashtead Group Plc
CEO: Brendan Horgan Ashtead Group Plc engages in the provision of equipment rental services. The company offers a full range of construction and industrial equipment used in lift, power, generate, move, dig, compact, drill, support, scrub, pump, direct, hea...