Ashtead Group PLC
LSE:AHT

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Ashtead Group PLC
LSE:AHT
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Price: 4 351 GBX 0.9%
Market Cap: 18.8B GBX

Relative Value

The Relative Value of one AHT stock under the Base Case scenario is 6 153.43 GBX. Compared to the current market price of 4 351 GBX, Ashtead Group PLC is Undervalued by 29%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

AHT Relative Value
Base Case
6 153.43 GBX
Undervaluation 29%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
88
vs Industry
20
Median 3Y
2.8
Median 5Y
2.9
Industry
0.7
Forward
0
vs History
76
vs Industry
31
Median 3Y
18.1
Median 5Y
18.8
Industry
14.3
Forward
0.2
vs History
76
vs Industry
23
Median 3Y
25.1
Median 5Y
18.9
Industry
8.4
vs History
11
vs Industry
4
Median 3Y
24
Median 5Y
26
Industry
15.3
vs History
93
vs Industry
15
Median 3Y
4.4
Median 5Y
4.5
Industry
1.1
vs History
41
vs Industry
1
Median 3Y
96.9
Median 5Y
96.4
Industry
0.9
Forward
0.9
vs History
42
vs Industry
3
Median 3Y
130.2
Median 5Y
129.9
Industry
4.2
vs History
52
vs Industry
2
Median 3Y
190.8
Median 5Y
191
Industry
8.4
Forward
2
vs History
25
vs Industry
1
Median 3Y
328.2
Median 5Y
327.6
Industry
11.3
Forward
3.9
vs History
50
vs Industry
0
Median 3Y
765.6
Median 5Y
519.9
Industry
9.4
vs History
41
vs Industry
0
Median 3Y
1 042.8
Median 5Y
653.3
Industry
11.3
vs History
74
vs Industry
0
Median 3Y
52.6
Median 5Y
52.1
Industry
0.9

Multiples Across Competitors

AHT Competitors Multiples
Ashtead Group PLC Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
Ashtead Group PLC
LSE:AHT
19B GBP 2.4 16.9 190.8 338.1
JP
Mitsubishi Corp
TSE:8058
11.4T JPY 0.6 12 14.6 29.9
JP
Itochu Corp
TSE:8001
10.6T JPY 0.7 12 11.5 18.5
JP
Mitsui & Co Ltd
TSE:8031
8.4T JPY 0.6 9.3 14.3 24.8
US
WW Grainger Inc
XMUN:GWW
45.5B EUR 3 27.3 18.6 20.3
US
W W Grainger Inc
NYSE:GWW
51.9B USD 3 27.1 18.5 20.2
US
Fastenal Co
NASDAQ:FAST
48.5B USD 6.4 42 28.5 31.9
US
United Rentals Inc
NYSE:URI
46B USD 3 18 8.1 14.2
US
Ferguson Enterprises Inc
NYSE:FERG
42.2B USD 1.4 26.3 15.5 17.7
IN
Adani Enterprises Ltd
NSE:ADANIENT
3T INR 3.1 42.5 25.2 35.3
JP
Marubeni Corp
TSE:8002
4.7T JPY 0.6 9.3 10.3 15.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
UK
Ashtead Group PLC
LSE:AHT
Average EV/EBITDA: 32.4
190.8
1%
190.8
JP
Mitsubishi Corp
TSE:8058
14.6
3%
4.9
JP
Itochu Corp
TSE:8001
11.5
5%
2.3
JP
Mitsui & Co Ltd
TSE:8031
14.3
5%
2.9
US
W
WW Grainger Inc
XMUN:GWW
18.6
7%
2.7
US
W W Grainger Inc
NYSE:GWW
18.5
7%
2.6
US
Fastenal Co
NASDAQ:FAST
28.5
9%
3.2
US
United Rentals Inc
NYSE:URI
8.1
5%
1.6
US
Ferguson Enterprises Inc
NYSE:FERG
15.5
5%
3.1
IN
Adani Enterprises Ltd
NSE:ADANIENT
25.2
25%
1
JP
Marubeni Corp
TSE:8002
10.3
0%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
UK
Ashtead Group PLC
LSE:AHT
Average EV/EBIT: 51.5
338.1
-2%
N/A
JP
Mitsubishi Corp
TSE:8058
29.9
N/A N/A
JP
Itochu Corp
TSE:8001
18.5
N/A N/A
JP
Mitsui & Co Ltd
TSE:8031
24.8
N/A N/A
US
W
WW Grainger Inc
XMUN:GWW
20.3
7%
2.9
US
W W Grainger Inc
NYSE:GWW
20.2
7%
2.9
US
Fastenal Co
NASDAQ:FAST
31.9
10%
3.2
US
United Rentals Inc
NYSE:URI
14.2
6%
2.4
US
Ferguson Enterprises Inc
NYSE:FERG
17.7
6%
3
IN
Adani Enterprises Ltd
NSE:ADANIENT
35.3
N/A N/A
JP
Marubeni Corp
TSE:8002
15.8
N/A N/A