AT

Ashtead Technology Holdings PLC (AT)

EnergyOil & Gas Equipment & Services
482.60GBX
+0.33%
Magic Rank
#124
Earnings Yield
11.0%
Return on Capital
123.6%
Market Cap
379.7M

Performance vs S&P 500 (5Y)

AT.LSE
S&P 500

About Ashtead Technology Holdings PLC

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. The company offers survey and robotics equipment comprising geophysical, hydrographic, metocean, land surveying, positioning, ROV sensors, ROV and diver tooling, non-destructive testing, subsea inspection, remote visual inspection, and environmental products. It also provides mechanical solutions, such as subsea cutting and recovery, coating removal and cleaning, subsea dredging, ROV tooling, intervention skids, offshore support, and ACE lifting, pulling, and deployment. In addition, the company offers asset integrity solutions, including imaging and inspection, oceanographic, marine growth removal, monitoring, mooring and riser inspection, environmental monitoring, offshore construction and life of asset monitoring, offshore wind foundation inspection, ROV inspection services, mooring inspection and analysis, 3D imaging and metrology, riser cleaning, and remote operations. It serves the renewables, oil and gas, decommissioning solutions, and infrastructure and industrial markets. The company was formerly known as Redhill PLC and changed its name to Ashtead Technology Holdings Plc in November 2021. The company was founded in 1985 and is headquartered in Westhill, the United Kingdom.

Magic Formula Analysis

Enterprise Value485.8M
Market / Universe
gb
United Kingdom

"A company with high ROC and high EY is statistically more likely to outperform the market."

Key Indicators

P/E Ratio11.81
Dividend Yield0.3%
Debt to Equity0.68
Gross Margin26.5%