Ashtead Technology Holdings PLC (AT) AI Stock Analysis

• Market Cap: £349.82M
• Dividend Yield: 0.38%
• Average Volume (3M): 923.22K
• Price to Earnings (P/E): 7.8
• Beta (1Y): 1.25
• Revenue Growth: 32.36%
• EPS Growth: 19.01%
• Country: UK
• Employees: 650
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): N/A
• Shares Outstanding: 80,976,395
• 10 Day Avg. Volume: 453,870
• 30 Day Avg. Volume: 923,221
• PEG Ratio: 0.70
• Price to Book (P/B): 1.59
• Price to Sales (P/S): 1.23
• P/FCF Ratio: 12.13
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £580.00
• Price Target Upside: 34.26% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: 452.00 p ▲(4.63% Upside)
• Action: Reiterated Date: 03/19/26
• Date: Action: Reiterated 03/19/26

The score is driven mainly by strong financial performance (growth and profitability) and an attractive low P/E valuation. This is tempered by inconsistency risks (gross margin and free-cash-flow volatility, and meaningful debt) and a weak-to-neutral technical backdrop (negative MACD, price below the 20-day average).

Positive Factors

Sustained revenue scaling

Multi-year revenue growth of this magnitude indicates durable demand for Ashtead Technology’s specialist rental and services offering. Scaling revenue improves fixed-cost absorption, supports higher fleet utilization and creates a larger base for recurring service and maintenance income, enhancing long-term cash flow resilience.

Negative Factors

Gross-margin volatility

A pronounced drop in gross margin signals exposure to mix shifts, pricing pressure or rising direct costs. If persistent, this undermines operating leverage benefits from revenue scaling, increases earnings variability, and limits the company's ability to convert top-line growth into sustainable profit expansion.

Ashtead Technology Holdings PLC Business Overview & Revenue Model

Company Description

Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East. It offers survey and robotics equipment comprising survey sensors, geophysica...

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Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East. It offers survey and robotics equipment comprising survey sensors, geophysica...

How the Company Makes Money

Ashtead Technology primarily makes money by supplying specialist offshore and subsea equipment and related services to customers operating in offshore energy and adjacent marine sectors. Key revenue streams include: - Equipment rental (hire): A s...

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Ashtead Technology primarily makes money by supplying specialist offshore and subsea equipment and related services to customers operating in offshore energy and adjacent marine sectors. Key revenue streams include: - Equipment rental (hire): A s...

Ashtead Technology Holdings PLC Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	203.19M	168.04M	110.47M	73.12M	55.80M
Gross Profit	67.74M	129.42M	86.30M	54.29M	40.54M
EBITDA	82.77M	65.51M	44.15M	27.05M	17.52M
Net Income	32.21M	28.78M	21.58M	12.37M	2.53M
Balance Sheet
Total Assets	323.27M	313.60M	213.69M	136.82M	99.03M
Cash, Cash Equivalents and Short-Term Investments	14.07M	12.17M	10.82M	9.04M	4.86M
Total Debt	122.98M	140.52M	72.51M	37.72M	27.56M
Total Liabilities	166.19M	186.28M	116.11M	61.02M	37.90M
Stockholders Equity	157.09M	127.33M	97.59M	74.94M	61.13M
Cash Flow
Free Cash Flow	20.59M	729.00K	19.59M	18.40M	-653.00K
Operating Cash Flow	57.78M	30.12M	39.05M	32.85M	7.24M
Investing Cash Flow	-31.94M	-93.30M	-68.93M	-36.91M	-6.44M
Financing Cash Flow	-23.05M	65.32M	32.19M	7.98M	-7.13M

Ashtead Technology Holdings PLC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 432.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:AT, the sentiment is Positive. The current price of 432 is above the 20-day moving average (MA) of 402.78, above the 50-day MA of 416.75, and above the 200-day MA of 368.93, indicating a bullish trend. The MACD of 3.46 indicates Negative momentum. The RSI at 60.27 is Neutral, neither overbought nor oversold. The STOCH value of 89.49 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:AT.

Ashtead Technology Holdings PLC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GMS	74 Outperform	£216.61M	19.82	8.89%	―	7.05%	-19.81%
HTG	74 Outperform	£717.61M	18.63	3.49%	2.22%	11.60%	-126.25%
AT	73 Outperform	£349.82M	7.75	21.84%	0.38%	32.36%	19.01%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
CSC	53 Neutral	£17.98M	-34.95	―	―	―	―
GTC	49 Neutral	£2.75M	-0.84	-42.59%	―	6.03%	75.91%