Added to YB: 2026-08-24
Pitch date: 2026-08-20
AT.L [bullish]
Ashtead Technology Holdings Plc
Author Info
No bio for this author
Company Info
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.
Market Cap
GBP 344.5M
Pitch Price
N/A
Price Target
N/A
Dividend
0.30%
EV/EBITDA
5.76
P/E
10.82
EV/Sales
2.23
Sector
Trading Companies and Distributors
Category
value
Trade alert: Buying an Undervalued Subsea Equipment Compounder
AT.L (new position): UK subsea offshore energy equipment rental compounder bought at GBp356.5. Niche moat via scale + integrated model + serial M&A. FY26: 73% GM, 13% NM, 7% FCF yield, 1.3x leverage. 10.7x FWD PE vs 12.4x 5y avg. 18% drawdown on temp Mideast guidance cut = overreaction. ~8.4% earnings growth.
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