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Ashtead Group (AHT)

Sector:

Support Services

Index:

FTSE 250

Market Cap

£169.38m

Change Today

Price Unchanged0.000p ()

Share Price

33.25p

Ashtead Group Overview

Ashtead Group is one of the world’s largest equipment rental firms with a network of more than 400 profit centres stretching across the US, UK and the Far East. Its business provides equipment such as excavators and forklift trucks as well as power saws and ladders. In the US Ashtead works under the Sunbelt Rentals banner, having expanded the business via the acquisition of Rentokil’s US operation.

1 Day Chart (02-Dec-2008)

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 7.5% 7.3%
Div Cover 5.4 5.3
Op Mrgn 18.9% 11.3%
ROCE 15.1%  

Valuation

Latest F'cast
P/E 2.5 2.3
PEG 0.1 0.3
Pr/Revenue 0.2 0.2
Pr/Book 0.4  

Growth

Latest F'cast
Revenue 11.6% 4.9%
PBT n/a 5.0%
EPS 41.1% 7.0%
DPS 51.5% 8.4%

Ashtead Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
30-Apr-04 a497.00 a(33.10) (9.96)p n/a n/a n/a n/a 0.0%
30-Apr-05 523.70 32.20 6.18p 12.9 n/a n/a n/a 0.0%
30-Apr-06 638.00 81.70 11.30p 19.2 0.2 +83% 1.38p 0.6%
30-Apr-07 874.50 (42.70) 9.50p 16.3 n/a -16% 1.65p 1.1%
30-Apr-08 976.10 109.70 13.40p 4.5 0.1 +41% 2.50p 4.1%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Ashtead Group Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
30-Apr-09 1,023.75 115.18 14.34p 2.3 0.3 +7% 2.71p 7.3%
30-Apr-10 1,013.86 99.95 12.13p 2.7 n/a -15% 2.89p 7.8%

Covering analysts: ABN AMRO, Investec Securities, KBC Peel Hunt, Oriel Securities, Panmure Gordon

Ashtead Group Company Announcements

Total Voting Rights 01-Dec-2008 17:11 PR Newswire
Holding(s) in Company 27-Nov-2008 17:24 PR Newswire
Transaction in Own Shares 26-Nov-2008 17:03 PR Newswire

Ashtead Group ShareCast News

JKX chief boosts stake 30-Oct-2008 ShareCast
Barr chief executive tops up 02-Oct-2008 ShareCast
Wednesday tips round-up: Eaga, Hays, Greene King 03-Sep-2008 ShareCast

Ashtead Group Top Newspaper Links

Ashtead win for First eBusiness 03-Oct-2008 The Scotsman
Large public projects boost Ashtead results 03-Sep-2008 Telegraph
Ashtead nears oil-gas sale 01-Jun-2008 Sunday Telegraph

Latest Ashtead Group Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Ashtead Group Market Data

Currency UK Pounds
Share Price 33.25p  
Closing Price Change 0.000p
52 Week High 85.00
52 Week Low 29.50
Volume 0
Shares Issued 509.41m
Market Cap £169.38m
Beta 0.91
RiskGrade 554

Ashtead Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.32% above the market average94.32% above the market average94.32% above the market average94.32% above the market average94.32% above the market average
95.92% above the sector average95.92% above the sector average95.92% above the sector average95.92% above the sector average95.92% above the sector average
Price Trend
39.93% below the market average39.93% below the market average39.93% below the market average39.93% below the market average39.93% below the market average
45.97% below the sector average45.97% below the sector average45.97% below the sector average45.97% below the sector average45.97% below the sector average
Income
79.36% above the market average79.36% above the market average79.36% above the market average79.36% above the market average79.36% above the market average
83.47% above the sector average83.47% above the sector average83.47% above the sector average83.47% above the sector average83.47% above the sector average
Growth
50.83% above the market average50.83% above the market average50.83% above the market average50.83% above the market average50.83% above the market average
40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 1
Sell 0
Strong Sell 2
Total 6
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Ashtead Group Dividends

  Latest Previous
  Final Interim
Ex-Div 03-Sep-08 06-Feb-08
Paid 26-Sep-08 29-Feb-08
Amount 1.68p 0.82p

Trades for 02-Dec-2008

Time Volume / Share Price
17:35 330,000 @ 34.25p
17:35 95,864 @ 35.86p

Ashtead Group Key Personnel

Finance Director S Ian Robson
CEO Geoffrey Drabble

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