Ashtead Technology Holdings Future Growth
Future criteria checks 4/6
Ashtead Technology Holdings is forecast to grow earnings and revenue by 15.4% and 15.6% per annum respectively. EPS is expected to grow by 13.7% per annum. Return on equity is forecast to be 40% in 3 years.
Key information
15.4%
Earnings growth rate
13.7%
EPS growth rate
| Trade Distributors earnings growth | 6.8% |
| Revenue growth rate | 15.6% |
| Future return on equity | 40.0% |
| Analyst coverage | Good |
| Last updated | 17 Apr 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 197 | 34 | 29 | 66 | 4 |
| 12/31/2025 | 181 | 30 | 25 | 60 | 7 |
| 12/31/2024 | 164 | 25 | 23 | 43 | 5 |
| 12/31/2023 | 110 | 22 | 20 | 39 | N/A |
| 9/30/2023 | 101 | 19 | 21 | 38 | N/A |
| 6/30/2023 | 91 | 17 | 22 | 36 | N/A |
| 3/31/2023 | 82 | 15 | 20 | 35 | N/A |
| 12/31/2022 | 73 | 13 | 18 | 33 | 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 (15.4% per year) is above the savings rate (1.6%).
Earnings vs Market: AT.'s earnings (15.4% per year) are forecast to grow faster than the UK market (12.2% per year).
High Growth Earnings: AT.'s earnings are forecast to grow, but not significantly.
Revenue vs Market: AT.'s revenue (15.6% per year) is forecast to grow faster than the UK market (3.3% per year).
High Growth Revenue: AT.'s revenue (15.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AT.'s Return on Equity is forecast to be very high in 3 years time (40%).