Ashtead Technology Holdings Future Growth
Future criteria checks 6/6
Ashtead Technology Holdings is forecast to grow earnings and revenue by 20.4% and 22.8% per annum respectively. EPS is expected to grow by 16.1% per annum. Return on equity is forecast to be 36.5% in 3 years.
Key information
20.4%
Earnings growth rate
16.1%
EPS growth rate
| Trade Distributors earnings growth | 9.4% |
| Revenue growth rate | 22.8% |
| Future return on equity | 36.5% |
| Analyst coverage | Good |
| Last updated | 19 Dec 2024 |
Recent future growth updates
Recent updates
Is Ashtead Technology Holdings (LON:AT.) A Risky Investment?
Sep 19
Ashtead Technology Holdings Plc's (LON:AT.) Intrinsic Value Is Potentially 50% Above Its Share Price
Aug 04Ashtead Technology Holdings Plc's (LON:AT.) 27% Share Price Surge Not Quite Adding Up
Jul 17There's Been No Shortage Of Growth Recently For Ashtead Technology Holdings' (LON:AT.) Returns On Capital
Jun 05Does This Valuation Of Ashtead Technology Holdings Plc (LON:AT.) Imply Investors Are Overpaying?
Mar 05We Ran A Stock Scan For Earnings Growth And Ashtead Technology Holdings (LON:AT.) Passed With Ease
Mar 16Should You Be Adding Ashtead Technology Holdings (LON:AT.) To Your Watchlist Today?
Dec 07Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 249 | 40 | 33 | 69 | 7 |
| 12/31/2025 | 227 | 33 | 7 | 50 | 7 |
| 12/31/2024 | 167 | 26 | 9 | 38 | 7 |
| 6/30/2024 | 141 | 25 | 8 | 36 | N/A |
| 3/31/2024 | 126 | 23 | 14 | 37 | N/A |
| 12/31/2023 | 110 | 22 | 20 | 39 | N/A |
| 9/30/2023 | 101 | 19 | 21 | 37 | N/A |
| 6/30/2023 | 91 | 17 | 22 | 35 | N/A |
| 3/31/2023 | 82 | 15 | 20 | 34 | N/A |
| 12/31/2022 | 73 | 12 | 18 | 32 | N/A |
| 9/30/2022 | 68 | 10 | 10 | 23 | N/A |
| 6/30/2022 | 63 | 7 | 1 | 13 | N/A |
| 3/31/2022 | 59 | 5 | 0 | 10 | N/A |
| 12/31/2021 | 56 | 3 | -1 | 7 | N/A |
| 12/31/2020 | 42 | -1 | 10 | 15 | N/A |
| 12/31/2019 | 48 | 8 | N/A | N/A | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AT.'s forecast earnings growth (20.4% per year) is above the savings rate (2.1%).
Earnings vs Market: AT.'s earnings (20.4% per year) are forecast to grow faster than the UK market (14.8% per year).
High Growth Earnings: AT.'s earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AT.'s revenue (22.8% per year) is forecast to grow faster than the UK market (3.6% per year).
High Growth Revenue: AT.'s revenue (22.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AT.'s Return on Equity is forecast to be high in 3 years time (36.5%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 02:23 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ashtead Technology Holdings Plc is covered by 8 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Chantry | Berenberg |
| Alexander Brooks | Canaccord Genuity |
| David Brockton | Numis Securities Ltd. |