Upcoming Dividend • Apr 23
Upcoming dividend of UK£0.013 per share Eligible shareholders must have bought the stock before 30 April 2026. Payment date: 28 May 2026. Payout ratio is a comfortable 3.3% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.5%). Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to UK£5.02, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£8.59 per share. Declared Dividend • Mar 19
Dividend increased to UK£0.013 Dividend of UK£0.013 is 8.3% higher than last year. Ex-date: 30th April 2026 Payment date: 28th May 2026 Dividend yield will be 0.3%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 3%. Cash payout ratio: 5%. Reported Earnings • Mar 18
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: UK£0.40 (up from UK£0.36 in FY 2024). Revenue: UK£203.2m (up 21% from FY 2024). Net income: UK£32.2m (up 12% from FY 2024). Profit margin: 16% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.0%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Feb 23
Ashtead Technology Holdings Plc to Report Fiscal Year 2025 Results on Mar 17, 2026 Ashtead Technology Holdings Plc announced that they will report fiscal year 2025 results on Mar 17, 2026 Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to UK£3.83, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 21% over the past three years. Announcement • Jan 19
Ashtead Technology Holdings plc Provides Earnings Guidance for the Year Ended 31 December 2025 Ashtead Technology Holdings Plc provided earnings guidance for the year ended 31 December 2025. For the year, the revenue is expected to be approximately £203 million (2024: £168 million), with second half revenues c. 5% higher than the first half. This performance represents a year-on-year increase of c. 21%, including organic growth of 3%. Recent Insider Transactions • Jan 07
Board Member recently bought UK£92k worth of stock On the 2nd of January, Anthony Richard Durrant bought around 30k shares on-market at roughly UK£3.06 per share. This transaction increased Anthony Richard's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought UK£276k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 29
Independent Non-Executive Chairman recently bought UK£116k worth of stock On the 26th of August, William Mervyn Frew Shannon bought around 30k shares on-market at roughly UK£3.85 per share. This transaction amounted to 46% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. William Mervyn Frew has been a buyer over the last 12 months, purchasing a net total of UK£187k worth in shares. Reported Earnings • Aug 26
First half 2025 earnings released: EPS: UK£0.17 (vs UK£0.17 in 1H 2024) First half 2025 results: EPS: UK£0.17 (up from UK£0.17 in 1H 2024). Revenue: UK£99.1m (up 23% from 1H 2024). Net income: UK£13.9m (up 3.8% from 1H 2024). Profit margin: 14% (down from 17% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Jul 18
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from UK£228.3m to UK£206.1m. EPS estimate also fell from UK£0.41 per share to UK£0.364 per share. Net income forecast to grow 10% next year vs 8.0% growth forecast for Trade Distributors industry in the United Kingdom. Consensus price target down from UK£7.98 to UK£7.15. Share price fell 26% to UK£3.43 over the past week. New Risk • Jul 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (99% net debt to equity). Share price has been volatile over the past 3 months (5.8% average weekly change). Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to UK£3.48, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 62% over the past three years. Upcoming Dividend • Apr 24
Upcoming dividend of UK£0.012 per share Eligible shareholders must have bought the stock before 01 May 2025. Payment date: 29 May 2025. Payout ratio is a comfortable 3.3% but the company is paying out more than the cash it is generating. Trailing yield: 0.2%. Lower than top quartile of British dividend payers (6.1%). Lower than average of industry peers (2.8%). Declared Dividend • Mar 27
Dividend increased to UK£0.012 Dividend of UK£0.012 is 9.1% higher than last year. Ex-date: 1st May 2025 Payment date: 29th May 2025 Dividend yield will be 0.2%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 3%. Cash payout ratio: 132%. Reported Earnings • Mar 26
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: UK£0.36 (up from UK£0.27 in FY 2023). Revenue: UK£168.0m (up 52% from FY 2023). Net income: UK£28.8m (up 33% from FY 2023). Profit margin: 17% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.1%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Announcement • Mar 17
Ashtead Technology Holdings Plc to Report Fiscal Year 2024 Results on Mar 25, 2025 Ashtead Technology Holdings Plc announced that they will report fiscal year 2024 results on Mar 25, 2025 Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to UK£6.32, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 191% over the past three years. Announcement • Jan 20
Ashtead Technology Holdings plc Announces the Appointment of Kristin Færøvik as Non-Executive Director and to Join Audit, Remuneration and Nomination Committees Ashtead Technology Holdings plc announced the appointment of Kristin Færøvik as Non-Executive Director effective immediately. Kristin brings more than 30 years' experience in the global energy sector including executive roles with BP, Marathon Oil, Worley and Lundin Energy. Starting her Non-Executive Director career in 2011, Kristin currently serves on a number of Boards including Kongsberg Group and Shearwater Geoservices. In addition to joining the Board, Ms. Færøvik will also join the Audit, Remuneration and Nomination Committees. In accordance with Schedule 2 (g) of the AIM Rules for Companies, Kristin Færøvik (aged 62 years) holds/has held the following directorships/partnerships in the last five years: Current directorships/partnerships - Bluenord ASA, Bunker Holding A/S, Edge Navigation AS, Fiona IV AS, Hafslund AS, Kongsberg Gruppen ASA and Shearwater Geoservices Holding AS. Previous directorships/partnerships (last five years): Lundin Energy Norway AS, Leikanger Kraft AS, Moreld AS and Sval Energi AS. Kristin Færøvik currently holds no ordinary shares in the Company. Recent Insider Transactions • Dec 01
Independent Non-Executive Chairman recently bought UK£72k worth of stock On the 28th of November, William Mervyn Frew Shannon bought around 13k shares on-market at roughly UK£5.50 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. William Mervyn Frew has been a buyer over the last 12 months, purchasing a net total of UK£91k worth in shares. Announcement • Nov 26
Ashtead Technology Holdings Plc (AIM:AT.) completed the acquisition of Seascan Limited and J2 Subsea Limited from Acteon Group Operations (UK) Limited. Ashtead Technology Holdings Plc (AIM:AT.) agreed to acquire Seascan Limited and J2 Subsea Limited from Acteon Group Operations (UK) Limited for £63 million on October 24, 2024. The Acquisition will be funded by a £70m increase in the Group's revolving credit facility. For the trailing 12 months to September 2024, Seatronics and J2 generated revenues of £51.5 million, adjusted EBITDA of £12.1 million and adjusted EBITA of £9.0 million. As at 31 December 2023, Seatronics and J2 reported aggregated gross assets of £31.5 million. The completion of the Acquisition is subject to customary closing conditions including: (i) the approval of the Competition and Markets Authority; and (ii) certain business continuity conditions applicable in favour of Ashtead Technology during the intervening period.
Numis Securities Limited acted as financial advisor for Ashtead Technology Holdings Plc. Ruth Buchanan, Christopher Bates, Nicholas Gardner, Jack Haile, Duncan Liddell, Dallan Pitman of Ashurst LLP acted as legal advisor to Ashtead Technology Holdings Plc.
Ashtead Technology Holdings Plc (AIM:AT.) completed the acquisition of Seascan Limited and J2 Subsea Limited from Acteon Group Operations (UK) Limited on November 26, 2024. New Risk • Sep 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (63% net debt to equity). Share price has been volatile over the past 3 months (7.1% average weekly change). Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to UK£5.75, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 18x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 37% over the past year. Announcement • Aug 19
Ashtead Technology Holdings Plc to Report First Half, 2024 Results on Sep 02, 2024 Ashtead Technology Holdings Plc announced that they will report first half, 2024 results on Sep 02, 2024 Buy Or Sell Opportunity • Jul 18
Now 20% undervalued Over the last 90 days, the stock has risen 13% to UK£8.42. The fair value is estimated to be UK£10.53, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Buy Or Sell Opportunity • Jun 07
Now 20% undervalued Over the last 90 days, the stock has risen 8.2% to UK£7.75. The fair value is estimated to be UK£9.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. New Risk • Jun 03
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: UK£2.1m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (60% net debt to equity). Significant insider selling over the past 3 months (UK£2.1m sold). Price Target Changed • May 01
Price target increased by 9.6% to UK£8.21 Up from UK£7.49, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of UK£7.93. Stock is up 114% over the past year. The company is forecast to post earnings per share of UK£0.30 for next year compared to UK£0.27 last year. Upcoming Dividend • Apr 25
Upcoming dividend of UK£0.011 per share Eligible shareholders must have bought the stock before 02 May 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 4.1% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.0%). Recent Insider Transactions Derivative • Apr 22
Key Executive exercised options and sold UK£613k worth of stock On the 18th of April, Ingrid Stewart exercised options to acquire 82k shares at no cost and sold these for an average price of UK£7.43 per share. This trade did not impact their existing holding. Since September 2023, Ingrid's direct individual holding has decreased from 300.79k shares to 235.79k. Company insiders have collectively sold UK£3.2m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Apr 17
Ashtead Technology Holdings plc Recommends Full and Final Dividend for the Year Ended 31 December 2023, Payable on 3 June 2024 The Board of Ashtead Technology Holdings Plc has recommended a full and final dividend of 1.1 pence per share for the year ended 31 December 2023, payable on 3 June 2024 to shareholders based on an ex-dividend date of 2 May 2024 and record date of 3 May 2024. Reported Earnings • Apr 17
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: UK£0.27 (up from UK£0.16 in FY 2022). Revenue: UK£110.5m (up 51% from FY 2022). Net income: UK£21.6m (up 70% from FY 2022). Profit margin: 20% (up from 17% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 6.1%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Trade Distributors industry in the United Kingdom. Announcement • Apr 16
Ashtead Technology Holdings Plc, Annual General Meeting, May 30, 2024 Ashtead Technology Holdings Plc, Annual General Meeting, May 30, 2024. Agenda: To consider and approve a final dividend of 1.1p per share. Announcement • Apr 09
Ashtead Technology Holdings Plc to Report Fiscal Year 2023 Results on Apr 16, 2024 Ashtead Technology Holdings Plc announced that they will report fiscal year 2023 results on Apr 16, 2024 Announcement • Mar 20
Ashtead Technology Holdings plc Appoints Jean Cahuzac as A Non-Executive Director Ashtead Technology Holdings plc announced the appointment of Jean Cahuzac as a Non-Executive Director of the Group effective immediately. Jean Cahuzac has held senior executive roles in the subsea services sector spanning a period of 40 years. He was appointed Chief Executive Officer of Acergy S.A. in 2008 and in 2011, post-merger, became the Chief Executive Officer of Subsea 7 S.A., a position he held until his retirement in December 2019. Previously, Jean held senior executive roles in Transocean and Schlumberger Sedco Forex. Since retiring from Subsea 7 as the CEO he has remained very active in the sector and in addition to remaining on the board of Subsea 7 as a non-executive director, he also holds non-executive board positions in Bourbon and Seadrill. In addition, Jean currently serves as Chair of Evolen. Buy Or Sell Opportunity • Jan 27
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 40% to UK£6.64. The fair value is estimated to be UK£5.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 45% over the last year. Earnings per share has grown by 131%. Revenue is forecast to grow by 86% in 2 years. Earnings are forecast to grow by 62% in the next 2 years. Announcement • Dec 19
Ashtead Technology Holdings plc Announces Resignation of Joe Connolly as Non-Executive Director Ashtead Technology Holdings Plc announced that Joe Connolly has stepped down from his position as a Non-Executive Director of the Group with effect from 18 December 2023. Joe joined the Board of Ashtead Technology in 2016 when Buckthorn Partners LLP ("Buckthorn Partners") acquired the business and remained on the Board following the Company's IPO on AIM in 2021. Following Buckthorn Partners' full exit from its investment in Ashtead Technology earlier this year, Joe has now stepped down to focus on other Buckthorn Partners' investments. Recent Insider Transactions • Dec 08
CEO & Executive Director recently sold UK£2.4m worth of stock On the 6th of December, Allan Pirie sold around 400k shares on-market at roughly UK£5.96 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Allan's only on-market trade for the last 12 months. Price Target Changed • Dec 01
Price target increased by 20% to UK£5.84 Up from UK£4.85, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of UK£5.94. Stock is up 91% over the past year. The company is forecast to post earnings per share of UK£0.26 for next year compared to UK£0.16 last year. New Risk • Nov 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to UK£5.96, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Trade Distributors industry in the United Kingdom. Total returns to shareholders of 90% over the past year. Simply Wall St's valuation model estimates the intrinsic value at UK£3.97 per share. Announcement • Nov 30
Ashtead Technology Holdings Plc (AIM:AT.) acquired founders Alfred Cheyne Engineering Limited from Alfie and Valerie Cheyne for £53.5 million. Ashtead Technology Holdings Plc (AIM:AT.) acquired founders Alfred Cheyne Engineering Limited from Alfie and Valerie Cheyne for £53.5 million on November 30, 2023. ACE Winches will form part of the Group's enlarged Mechanical Solutions offering, a core area of focus for inorganic expansion. Gary Wilson, current Chief Commercial Officer at ACE Winches will run the day to day operations reporting to Ashtead Technology management with founder, Alfie Cheyne, remaining with the business as an advisor for 12 months to provide strategic and commercial input through a handover and integration period. The Transaction will be funded through drawing on the Group's revolving credit facility. Numis Securities Limited acted as financial advisor to Ashtead in this transaction.
Ashtead Technology Holdings Plc (AIM:AT.) completed the acquisition of founders Alfred Cheyne Engineering Limited from Alfie and Valerie Cheyne on November 30, 2023. Price Target Changed • Sep 07
Price target increased by 8.1% to UK£4.77 Up from UK£4.41, the current price target is an average from 6 analysts. New target price is 13% above last closing price of UK£4.20. Stock is up 65% over the past year. The company is forecast to post earnings per share of UK£0.25 for next year compared to UK£0.16 last year. Price Target Changed • Sep 05
Price target increased by 8.1% to UK£4.66 Up from UK£4.31, the current price target is an average from 6 analysts. New target price is 9.9% above last closing price of UK£4.24. Stock is up 63% over the past year. The company is forecast to post earnings per share of UK£0.25 for next year compared to UK£0.16 last year. Announcement • Aug 25
Ashtead Technology Holdings Plc to Report First Half, 2023 Results on Sep 04, 2023 Ashtead Technology Holdings Plc announced that they will report first half, 2023 results on Sep 04, 2023 Announcement • Jun 09
Ashtead Technology Holdings Plc, Annual General Meeting, Jun 08, 2023 Ashtead Technology Holdings Plc, Annual General Meeting, Jun 08, 2023. Price Target Changed • May 10
Price target increased by 7.3% to UK£4.31 Up from UK£4.02, the current price target is an average from 5 analysts. New target price is 12% above last closing price of UK£3.86. Stock is up 69% over the past year. The company is forecast to post earnings per share of UK£0.24 for next year compared to UK£0.16 last year. Announcement • May 06
Ashtead Technology Holdings plc Proposes Final Dividend, Payable on 23 June 2023 The Board of Ashtead Technology Holdings Plc proposed a final dividend of 1.0p per share, which if approved at the Annual General Meeting to be held on 8 June 2023, will be paid on 23 June 2023 with a record date of 26 May 2023. The shares will become ex-dividend on 25 May 2023. No interim dividend was paid in 2022. Reported Earnings • May 03
Full year 2022 earnings: EPS misses analyst expectations Full year 2022 results: EPS: UK£0.16 (up from UK£0.036 in FY 2021). Revenue: UK£73.1m (up 31% from FY 2021). Net income: UK£12.7m (up 401% from FY 2021). Profit margin: 17% (up from 4.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.4%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Trade Distributors industry in the United Kingdom. Buying Opportunity • Mar 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.2%. The fair value is estimated to be UK£3.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last year. Earnings per share has grown by 790%. Revenue is forecast to grow by 49% in 2 years. Earnings is forecast to grow by 155% in the next 2 years. Buying Opportunity • Feb 22
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 3.4%. The fair value is estimated to be UK£3.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last year. Earnings per share has grown by 790%. Revenue is forecast to grow by 49% in 2 years. Earnings is forecast to grow by 155% in the next 2 years. Buying Opportunity • Jan 19
Now 22% undervalued Over the last 90 days, the stock is up 23%. The fair value is estimated to be UK£3.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last year. Earnings per share has grown by 790%. Revenue is forecast to grow by 49% in 2 years. Earnings is forecast to grow by 155% in the next 2 years. Announcement • Jan 16
Ashtead Technology Holdings plc Provides Earnings Guidance for the Year 2022 Ashtead Technology Holdings Plc provided earnings guidance for the year 2022. For the period, the company's revenues are expected to be approximately £72.5m, up c.30% on the prior year on a reported basis. Buying Opportunity • Dec 12
Now 20% undervalued Over the last 90 days, the stock is up 24%. The fair value is estimated to be UK£4.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last year. Earnings per share has grown by 790%. Revenue is forecast to grow by 46% in 2 years. Earnings is forecast to grow by 156% in the next 2 years. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CFO, Company Secretary & Executive Director Ingrid Stewart is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improved over the past week After last week's 22% share price gain to UK£3.05, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 10x in the Trade Distributors industry in the United Kingdom. Simply Wall St's valuation model estimates the intrinsic value at UK£2.55 per share. Buying Opportunity • Sep 08
Now 20% undervalued Over the last 90 days, the stock is up 17%. The fair value is estimated to be UK£3.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last year. Earnings per share has grown by 790%. Revenue is forecast to grow by 23% in 2 years. Earnings is forecast to grow by 115% in the next 2 years. Reported Earnings • Sep 07
First half 2022 earnings released First half 2022 results: EPS: UK£0.074. Net income: UK£5.90m (up UK£5.90m from 1H 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Trade Distributors industry in the United Kingdom. Announcement • Nov 25
Ashtead Technology Holdings Plc has completed an IPO in the amount of £51.569136 million. Ashtead Technology Holdings Plc has completed an IPO in the amount of £51.569136 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 31,832,800
Price\Range: £1.62
Discount Per Security: £0.0486
Transaction Features: Direct Listing; Regulation S; Rule 144A; Sponsor Backed Offering 
