Company Valuation: Ashtead Group plc

Data adjusted to current consolidation scope
Fiscal Period: April 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 22,478 25,018 32,025 22,468 31,403 30,242 - -
Change - 11.3% 28.01% -29.84% 39.77% -3.69% - -
Enterprise Value (EV) 1 29,638 33,978 42,680 32,799 38,957 39,085 38,209 37,129
Change - 14.64% 25.61% -23.15% 18.77% 0.33% -2.24% -2.83%
P/E - - - - 24.3x 19x 16.9x 14.6x
PBR - - - - 4.24x 3.72x 3.18x 2.75x
PEG - - - - - 0.8x 1.4x 0.9x
Capitalization / Revenue 2.82x 2.59x 2.95x 2.08x 2.82x 2.56x 2.41x 2.24x
EV / Revenue 3.72x 3.51x 3.93x 3.04x 3.49x 3.31x 3.05x 2.75x
EV / EBITDA 8.21x 7.7x 8.72x 6.55x 8.33x 7.78x 7.03x 6.27x
EV / EBIT 14.4x 12.9x 15.4x 12.2x 15.6x 14.7x 13x 11.3x
EV / FCF 26.3x 63.9x 197x 18.3x 19x 24.3x 22.2x 19.8x
FCF Yield 3.8% 1.56% 0.51% 5.46% 5.28% 4.11% 4.5% 5.04%
Dividend per Share 2 - - - - 1.1 1.176 1.315 1.454
Rate of return - - - - 1.44% 1.59% 1.78% 1.97%
EPS 2 - - - - 3.15 3.887 4.366 5.043
Distribution rate - - - - 34.9% 30.3% 30.1% 28.8%
Net sales 1 7,962 9,667 10,859 10,792 11,154 11,803 12,544 13,514
EBITDA 1 3,609 4,412 4,893 5,006 4,677 5,021 5,434 5,924
EBIT 1 2,056 2,640 2,775 2,687 2,500 2,656 2,942 3,284
Net income 1 1,251 1,618 1,598 1,510 1,325 1,549 1,747 2,015
Net Debt 1 7,160 8,960 10,655 10,331 7,554 8,842 7,966 6,886
Reference price 2 50.80 57.18 73.38 52.16 76.53 73.82 73.82 73.82
Nbr of stocks (in thousands) 442,473 437,493 436,399 430,743 410,331 409,678 - -
Announcement Date 6/14/22 A 6/13/23 A 6/18/24 A 6/17/25 A 6/23/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
24.75x4.77x10.57x0.71% 67.99B
26.83x2.74x6.38x1.95% 4.93B
41.24x1.47x4x-.--% 4.25B
18.34x - - 1.69% 2.88B
17.19x - - - 1.52B
13.42x0.59x2.34x2.16% 1.02B
Average 23.63x 2.39x 5.82x 1.3% 13.76B
Weighted average by Cap. 25.22x 4.41x 9.84x 0.8%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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