Want to see GB:AT full AI Analyst Report?
Top Page
Ashtead Technology Holdings PLC
(LSE:AT)
Select Model
Select Model
Rating:73Outperform
Price Target:
399.00 p
▲(15.32% Upside)
Action:Reiterated
Date:08/21/26
The score is driven primarily by strong underlying financial performance (growth and profitability) and an attractive low P/E valuation. These positives are tempered by weak technical positioning versus key moving averages and by financial risks around cash-flow consistency and still-meaningful leverage.
Positive Factors
Revenue Scale and Growth
The substantial expansion in revenue indicates stronger market reach and demand for Ashtead Technology’s subsea equipment and services. Continued offshore oil, gas and wind activity can support further scale and improve the operating leverage of its specialist platform.
Negative Factors
Meaningful Leverage
Material debt creates ongoing fixed financial obligations and limits flexibility if offshore project activity weakens. A cyclical downturn or weaker rental utilization could make deleveraging slower and increase balance-sheet risk during periods of softer earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Scale and Growth
The substantial expansion in revenue indicates stronger market reach and demand for Ashtead Technology’s subsea equipment and services. Continued offshore oil, gas and wind activity can support further scale and improve the operating leverage of its specialist platform.
Read all positive factors
Ashtead Technology Holdings PLC (AT) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£287.06M
Dividend Yield0.37%
Average Volume (3M)584.12K
Price to Earnings (P/E)8.9
Beta (1Y)0.95
Revenue Growth9.38%
EPS Growth8.07%
CountryUK
Employees650
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)0.40
Shares Outstanding80,976,395
10 Day Avg. Volume504,651
30 Day Avg. Volume584,122
Financial Highlights & Ratios
PEG Ratio0.70
Price to Book (P/B)1.59
Price to Sales (P/S)1.23
P/FCF Ratio12.13
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£400.00Price Target Upside15.61% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.39
Revenue Forecast (FY)£204.63M
Ashtead Technology Holdings PLC Business Overview & Revenue Model
Company Description
Ashtead Technology Holdings Plc specializes in providing rental solutions for subsea equipment to the global offshore energy sector, with its reach extending across Europe, the Americas, Asia-Pacific, and the Middle East. Its offerings comprise a ...
How the Company Makes Money
Ashtead Technology primarily generates revenue by providing specialist subsea and offshore equipment to customers operating in offshore energy markets. Its core revenue streams include (1) equipment rental/hire, where customers pay for temporary u...
Ashtead Technology Holdings PLC Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
72
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 204.25M | 203.19M | 168.04M | 110.47M | 73.12M | 55.80M |
| Gross Profit | 65.95M | 67.74M | 129.42M | 86.30M | 54.29M | 40.54M |
| EBITDA | 82.59M | 81.10M | 65.51M | 44.15M | 27.05M | 17.52M |
| Net Income | 31.78M | 32.21M | 28.78M | 21.58M | 12.37M | 2.53M |
Balance Sheet | ||||||
| Total Assets | 342.93M | 323.27M | 313.60M | 213.69M | 136.82M | 99.03M |
| Cash, Cash Equivalents and Short-Term Investments | 8.86M | 14.07M | 12.17M | 10.82M | 9.04M | 4.86M |
| Total Debt | 125.58M | 122.98M | 140.52M | 72.51M | 37.72M | 27.56M |
| Total Liabilities | 172.58M | 166.19M | 186.28M | 116.11M | 61.02M | 37.90M |
| Stockholders Equity | 170.35M | 157.09M | 127.33M | 97.59M | 74.94M | 61.13M |
Cash Flow | ||||||
| Free Cash Flow | 14.52M | 20.59M | 729.00K | 19.59M | 18.40M | -653.00K |
| Operating Cash Flow | 57.09M | 57.78M | 30.12M | 39.05M | 32.85M | 7.24M |
| Investing Cash Flow | -38.63M | -31.94M | -93.30M | -68.93M | -36.91M | -6.44M |
| Financing Cash Flow | -22.32M | -23.05M | 65.32M | 32.19M | 7.98M | -7.13M |
Ashtead Technology Holdings PLC Technical Analysis
Negative
346.00
Price Trends
406.06
Negative
437.40
Negative
409.86
Negative
Market Momentum
-22.65
Positive
37.74
Neutral
40.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:AT, the sentiment is Negative. The current price of 346 is below the 20-day moving average (MA) of 384.10, below the 50-day MA of 406.06, and below the 200-day MA of 409.86, indicating a bearish trend. The MACD of -22.65 indicates Positive momentum. The RSI at 37.74 is Neutral, neither overbought nor oversold. The STOCH value of 40.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:AT.
Ashtead Technology Holdings PLC Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | £287.06M | 8.86 | 19.41% | 0.37% | 9.38% | 8.07% | |
67 Neutral | £213.38M | 14.99 | 4.61% | 2.17% | 8.82% | -55.40% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
65 Neutral | £582.01M | 18.67 | 5.11% | 2.42% | -12.20% | ― | |
59 Neutral | £4.73M | -7.38 | -17.49% | 6.38% | 7.34% | 74.70% | |
49 Neutral | £14.31M | 18.78 | 7.41% | 5.06% | ― | ― |
* Energy Sector Average
GB:AT
Ashtead Technology Holdings PLC
354.50
-5.51
-1.53%
GB:GTC
Getech Group plc
3.10
1.35
77.14%
GB:GMS
Gulf Marine Services
18.52
0.32
1.76%
GB:HTG
Hunting
400.50
81.62
25.59%
GB:CSC
Pressure Technologies
37.00
5.00
15.63%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.