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Ashtead Technology Holdings PLC
LSE:AT

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Ashtead Technology Holdings PLC
LSE:AT
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Price: 479.2 GBX -2.64% Market Closed
Market Cap: £388.1m

P/B

2.4
Current
32%
Cheaper
vs 3-y average of 3.6

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.4
=
Market Cap
GBX348.3m
/
Total Equity
£157.1m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.4
=
Market Cap
GBX348.3m
/
Total Equity
£157.1m

Valuation Scenarios

Ashtead Technology Holdings PLC is trading below its 3-year average

If P/B returns to its 3-Year Average (3.6), the stock would be worth GBX706.67 (47% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-99%
Maximum Upside
+47%
Average Downside
29%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.4 GBX479.2
0%
3-Year Average 3.6 GBX706.67
+47%
5-Year Average 3.3 GBX636.48
+33%
Industry Average 0 GBX5.22
-99%
Country Average 0 GBX4.42
-99%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Higher than 95% of companies in United Kingdom
Percentile
95th
Based on 2 623 companies
95th percentile
2.4
Low
0 — 0
Typical Range
0 — 0
High
0 —
Distribution Statistics
United Kingdom
Min 0
30th Percentile 0
Median 0
70th Percentile 0
Max 49 422.3

Ashtead Technology Holdings PLC
Glance View

Ashtead Technology Holdings Plc engages in the of subsea equipment rental and solutions provider for global offshore energy sector. The company is headquartered in Sandy, Bedfordshire and currently employs 176 full-time employees. The company went IPO on 2021-11-23. The firm provide customers in the North Sea and beyond with high-specification survey and Remotely operated underwater vehicle (ROV) equipment on a rental or sale basis. The firm serves its customers through approximately nine international technology and service hubs. The firm also provides technology solutions for offshore energy infrastructure through its three service lines, such as survey and robotics, mechanical solutions and asset integrity. The firm provides specialists and engineering support in all areas of asset integrity, including design, construction and installation, mechanical integrity, life of field inspection and maintenance and risk analysis. The firm offers its services to the markets, such as renewables oil and gas, infrastructure and industrial sectors.

AT Intrinsic Value
371.57 GBX
Overvaluation 22%
Intrinsic Value
Price GBX479.2
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