Company Valuation: Ashtead Group plc

Data adjusted to current consolidation scope
Fiscal Period: April 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 20,739 18,491 20,024 25,494 17,282 20,478 - -
Change - -10.84% 8.29% 27.32% -32.21% 18.5% - -
Enterprise Value (EV) 1 24,929 24,380 27,129 33,892 24,880 27,636 27,131 26,376
Change - -2.2% 11.28% 24.93% -26.59% 11.08% -1.83% -2.78%
P/E ratio 30x 18.2x 15.6x 20.4x 15.7x 19.9x 16.5x 13.9x
PBR 6.39x 4.49x 4.22x 4.57x 3.08x 3.74x 3.43x 2.93x
PEG - 0.4x 0.6x -9.8x -1.4x -8.22x 0.8x 0.8x
Capitalization / Revenue 4.12x 2.82x 2.59x 2.98x 2.18x 2.5x 2.37x 2.23x
EV / Revenue 4.96x 3.72x 3.51x 3.96x 3.13x 3.37x 3.15x 2.87x
EV / EBITDA 10.8x 8.21x 7.69x 8.79x 6.76x 7.4x 6.85x 6.19x
EV / EBIT 20.8x 14.4x 12.9x 15.5x 12.6x 14.2x 12.9x 11.3x
EV / FCF 18x 26.3x 64.4x 199x 18.9x 16.3x 15.6x 16.1x
FCF Yield 5.54% 3.8% 1.55% 0.5% 5.29% 6.12% 6.4% 6.23%
Dividend per Share 2 0.4215 0.658 0.793 0.8276 0.7943 0.8341 0.9325 1.04
Rate of return 0.91% 1.57% 1.73% 1.42% 1.99% 1.69% 1.89% 2.11%
EPS 2 1.552 2.301 2.927 2.866 2.543 2.482 2.998 3.545
Distribution rate 27.2% 28.6% 27.1% 28.9% 31.2% 33.6% 31.1% 29.3%
Net sales 1 5,031 6,549 7,730 8,558 7,937 8,197 8,623 9,192
EBITDA 1 2,301 2,968 3,528 3,856 3,682 3,736 3,961 4,260
EBIT 1 1,197 1,691 2,111 2,187 1,976 1,943 2,105 2,335
Net income 1 697.4 1,029 1,293 1,260 1,111 1,078 1,265 1,481
Net Debt 1 4,190 5,889 7,105 8,398 7,598 7,158 6,653 5,898
Reference price 2 46.51 41.79 45.77 58.42 39.90 49.36 49.36 49.36
Nbr of stocks (in thousands) 4,45,910 4,42,473 4,37,493 4,36,399 4,33,125 4,14,870 - -
Announcement Date 15/06/21 14/06/22 13/06/23 18/06/24 17/06/25 - - -
1GBP in Million2GBP
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.66x3.34x7.33x1.71% 2.74TCr
19.39x3.91x8.7x0.93% 5.34TCr
131.53x3.1x7.38x0.93% 573.27Cr
19.8x - - 1.61% 295.83Cr
47.12x - - - 229.41Cr
Average 47.50x 3.45x 7.80x 1.3% 1.84TCr
Weighted average by Cap. 27.18x 3.68x 8.18x 1.19%
See all sector valuations

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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