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 33,269 - -
Change - 11.3% 28.01% -29.84% 39.77% 5.94% - -
Enterprise Value (EV) 1 29,638 33,978 42,680 32,799 38,957 41,750 40,956 39,678
Change - 14.64% 25.61% -23.15% 18.77% 7.17% -1.9% -3.12%
P/E - - - - 24.3x 20.8x 18.5x 16x
PBR - - - - 4.24x 4.25x 3.74x 3.33x
PEG - - - - - 0.9x 1.5x 1x
Capitalization / Revenue 2.82x 2.59x 2.95x 2.08x 2.82x 2.82x 2.64x 2.46x
EV / Revenue 3.72x 3.51x 3.93x 3.04x 3.49x 3.53x 3.25x 2.93x
EV / EBITDA 8.21x 7.7x 8.72x 6.55x 8.33x 8.31x 7.52x 6.71x
EV / EBIT 14.4x 12.9x 15.4x 12.2x 15.6x 15.7x 13.9x 12.1x
EV / FCF 26.3x 63.9x 197x 18.3x 19x 26.6x 24.5x 21.1x
FCF Yield 3.8% 1.56% 0.51% 5.46% 5.28% 3.76% 4.09% 4.74%
Dividend per Share 2 - - - - 1.1 1.178 1.321 1.476
Rate of return - - - - 1.44% 1.45% 1.63% 1.82%
EPS 2 - - - - 3.15 3.903 4.398 5.089
Distribution rate - - - - 34.9% 30.2% 30% 29%
Net sales 1 7,962 9,667 10,859 10,792 11,154 11,817 12,611 13,541
EBITDA 1 3,609 4,412 4,893 5,006 4,677 5,022 5,447 5,909
EBIT 1 2,056 2,640 2,775 2,687 2,500 2,652 2,944 3,276
Net income 1 1,251 1,618 1,598 1,510 1,325 1,536 1,731 1,978
Net Debt 1 7,160 8,960 10,655 10,331 7,554 8,480 7,687 6,409
Reference price 2 50.80 57.18 73.38 52.16 76.53 81.23 81.23 81.23
Nbr of stocks (in thousands) 442,473 437,493 436,399 430,743 410,331 409,569 - -
Announcement Date 14/6/22 13/6/23 18/6/24 17/6/25 23/6/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
24.4x4.75x10.45x0.7% 69.75B
20.81x3.53x8.31x1.45% 33.27B
34.58x2.82x6.73x1.69% 5.64B
54.34x1.76x4.78x-.--% 5.4B
18.78x - - 1.64% 2.94B
12.99x - - - 1.15B
14.24x0.64x2.52x2.03% 1.1B
Average 25.74x 2.70x 6.56x 1.25% 17.04B
Weighted average by Cap. 24.89x 4.12x 9.31x 0.96%

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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