Shares Magazine
5,394.00p+96.00 (+1.81%)23 Jul 2024, 11:40
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Ashtead Group PLC Fundamentals
| Company Name | Ashtead Group PLC | Last Updated | 2024-07-23 |
|---|---|---|---|
| Industry | Rental & Leasing Services | Sector | Industrials |
| Shares in Issue | 436.355 m | Market Cap | £23.50 bn |
| PE Ratio | 18.84 | Dividend per Share | $1.01 |
| Dividend Yield | 1.5 | Dividend Cover | 3.59 |
| EPS | $3.64 | EPS Growth (%) | 0.07 |
| PEG | 1.20 | DPS Growth (%) | 0.2379 |
| Debt Ratio | 0.4931 | Debt Equity Ratio | 1.4682 |
| Asset Equity Ratio | 3.0561 | Cash Equity Ratio | 0.0029 |
| Quick Ratio | 1.0341 | Current Ratio | 1.13 |
| Price To Book Value | 4.2194 | ROCE | 0 |
Ashtead Group PLC Dividends
| Type | Ex-Date | Pay Date | Currency | Net Dividend | Year Total |
|---|---|---|---|---|---|
| Prelim | 2024-08-08 | 2024-09-10 | USD | 0.8925 | |
| Interim | 2024-01-11 | 2024-02-08 | GBP | 0.1240 | |
| Prelim | 2023-08-10 | 2023-09-12 | GBP | 0.6725 | |
| Interim | 2023-01-12 | 2023-02-09 | GBP | 0.1214 | |
| Prelim | 2022-08-11 | 2022-09-09 | GBP | 0.5728 | |
| Interim | 2022-01-13 | 2022-02-10 | GBP | 0.0930 | |
| Prelim | 2021-08-19 | 2021-09-21 | GBP | 0.3500 |
Ashtead Group PLC Company Financials
| Assets | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible Assets | $15.67 bn | $13.25 bn | $10.76 bn | $9.32 bn |
| Intangible Assets | $3.70 bn | $3.39 bn | $2.78 bn | $2.18 bn |
| Investments | 0 | $41.30 m | $40.00 m | 0 |
| Total Fixed Assets | $19.61 bn | $16.84 bn | $13.71 bn | $11.61 bn |
| Stocks | $162.00 m | $181.30 m | $168.50 m | $102.20 m |
| Debtors | $1.85 bn | $1.66 bn | $1.39 bn | $1.08 bn |
| Cash & Equivalents | $20.80 m | $29.90 m | $15.30 m | $26.60 m |
| Other Assets | 0 | $167.00 m | $136.00 m | $101.70 m |
| Total Assets | $21.65 bn | $18.73 bn | $15.29 bn | $12.84 bn |
| Liabilities | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Creditors within 1 year | $1.81 bn | $1.86 bn | $1.47 bn | $1.05 bn |
| Creditors after 1 year | $12.76 bn | $10.86 bn | $8.78 bn | $7.26 bn |
| Other Liabilities | 0 | 0 | 0 | 0 |
| Total Liabilities | $14.57 bn | $12.72 bn | $10.26 bn | $8.31 bn |
| Net assets | $7.08 bn | $6.01 bn | $5.03 bn | $4.53 bn |
| Equity | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Called up share capital | $81.80 m | $81.80 m | $81.80 m | $81.80 m |
| Share Premium | $26.50 m | $26.50 m | $26.50 m | $26.50 m |
| Profit / Loss | $2.11 bn | $2.16 bn | $1.67 bn | $1.24 bn |
| Other Equity | $7.08 bn | $6.01 bn | $5.03 bn | $4.53 bn |
| Preference & Minorities | 0 | 0 | 0 | 0 |
| Total Capital Employed | $7.08 bn | $6.01 bn | $5.03 bn | 0 |
| Ratios | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Debt Ratio | $0.59 | $0.59 | $0.58 | $0.56 |
| Debt-to-Equity | $1.47 | $1.46 | $1.39 | $1.25 |
| Assets / Equity | 3.0561 | 3.0561 | 3.0561 | 3.0561 |
| Cash / Equity | 0.0029 | 0.0029 | 0.0029 | 0.0029 |
| EPS | $4.76 | $4.44 | $3.33 | $2.66 |
| Cash Flow | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Cash from operating activities | $854.60 m | $1.00 bn | $1.50 bn | $1.94 bn |
| Cashflow before financing | $1.52 bn | $1.61 bn | $1.68 bn | $32.30 m |
| Increase in Cash | -$9.00 m | $15.20 m | -$10.50 m | -$282.80 m |
| Income | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Turnover | $10.86 bn | $9.67 bn | $7.96 bn | $6.64 bn |
| Cost of sales | $1.21 bn | $1.11 bn | $941.80 m | $750.00 m |
| Gross Profit | $9.65 bn | $8.56 bn | $7.02 bn | $5.89 bn |
| Operating Profit | $2.65 bn | $2.52 bn | $1.95 bn | $1.58 bn |
| Pre-Tax profit | $2.11 bn | $2.16 bn | $1.67 bn | $1.24 bn |
Ashtead Group PLC Company Background
| Sector | Industrials |
|---|---|
| Activities | Ashtead is an equipment rental business with operations in the US, Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the US where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide. |
| Latest Interim Date | 5 Dec 2023 |
| Latest Fiscal Year End Date | 18 Jun 2024 |
Ashtead Group PLC Directors
| Appointed | Name | Position |
|---|---|---|
| 2023-07-20 | Mr. Paul Ashton Walker | Non-Executive Director,Chairman |
| 2017-07-19 | Mr. Bruce A. Edwards | Non-Executive Director |
| 2011-08-09 | Mr. Joseph James Phelan | Executive Director,President and Chief Executive, Sunbelt |
| 2019-07-25 | Mr. Wayne Edmunds | Non-Executive Director |
| 2007-09-17 | Mr. Gary Jens Iceton | Non-Executive Director |
| 2011-08-09 | Mr. George Barnett Burnett | Executive Director,Chief Executive Officer |
| 2018-09-11 | Mr. Christopher Cole | Non-Executive Director,Chairman |
| 2006-08-31 | Mr. Philip Albert Lovegrove OBE | Non-Executive Director |
| 2023-07-20 | Mr. Angus G. Cockburn | Non-Executive Director,Senior Independent Director |
| 2023-07-20 | Mr. Geoffrey Drabble | Executive Director,Chief Executive Officer |
| 2013-07-25 | Mr. Stuart Ian Robson | Executive Director,Finance Director |
| 2018-07-31 | Mr. Satpal Singh Dhaiwal | Executive Director,CEO, A-Plant |
| 2019-01-02 | Mr. Ian Calvert Sutcliffe | Non-Executive Director |
| 2017-07-19 | Mr. Michael Burrow | Non-Executive Director |
| 2014-07-08 | Mr. Hugh Charles Etheridge | Non-Executive Director |
| 2011-08-09 | Mr. Cliff Miller | Executive Director,President and Chief Executive Off, Sunbelt |
| 2006-09-05 | Mr. Anthony William Paul Stenham MA,FCA | Non-Executive Director,Chairman |
| 2024-07-08 | Mr. Brendan Horgan | Executive Director,Chief Executive Officer |
| 2024-07-18 | Ms. Lucinda Riches CBE | Non-Executive Director |
| 2018-07-23 | Ms. Suzanne H. Wood | Executive Director,Finance Director |
| 2023-07-20 | Ms. Tanya D Fratto | Non-Executive Director |
| 2023-07-20 | Mr. Lindsley Ruth | Non-Executive Director |
| 2024-07-08 | Mr. Michael Pratt | Executive Director,Finance Director |
| 2024-07-02 | Ms. Renata Ribeiro | Non-Executive Director |
Ashtead Group PLC Contact Details
| Company Name | Ashtead Group PLC |
|---|---|
| Address | 100 Cheapside, London, EC2V 6DT |
| Telephone | +44 2077269700 |
| Website | https://www.ashtead-group.com |
Ashtead Group PLC Advisors
| Stockbroker | Barclays Bank PLC |
|---|
| Remuneration Consultant | PricewaterhouseCoopers LLP |
|---|---|
| Phone | +44 205835000 |
| Fax | +44 208224652 |
| Registrar | Equiniti Limited |
|---|
| Stockbroker | Jefferies Hoare Govett |
|---|---|
| Phone | +44 2070298000 |
| Fax | +44 2070298010 |
| Bank | Lloyds Bank PLC |
|---|
| Auditor | Deloitte LLP |
|---|---|
| Phone | +44 2079363000 |
| Fax | +44 2075831198 |
| Solicitor | Travers Smith LLP |
|---|---|
| Phone | +44 2072953000 |
| Fax | +44 2072953500 |
| Financial PR Adviser | Maitland |
|---|---|
| Phone | +44 2073795151 |
| Fax | +44 2073796161 |
| Bank | Bank of America |
|---|
| Solicitor | Skadden, Arps, Slate, Meagher & Flom |
|---|---|
| Phone | +1 312 407-0700 |
| Fax | +1 312 407-0411 |
| Solicitor | Parker Poe, Adams & Bernstein LLP |
|---|---|
| Phone | +1 704 372-9000 |
| Fax | +1 704 334-4706 |
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