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Ashtead Technology Holdings PLC

Company price
607.0 GBX 0.00(0%)
Last update at 2026-10-27T16:37:00Z
VOLUME
1371642
Market Cap
364.21M
P/E
11.32

Momentum Score

…

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. Ashtead Technology Holdings Plc was founded in 1985 and is headquartered in Westhill, the United Kingdom.

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Day Price Range
607.00
Low
608.00
High
52 Week Price Range
297.00
Low
513.00
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
607.00
Dividend Yield
0.29%
Revenue TTM
203.20M
Revenue Per Share
2.52
Gross Profit TTM
151.13M
Debt / Equity
0.78
ROE
22.65%
Net Debt
108.91M
ROCE
18.55%
Diluted EPS TTM
0.40

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 41.23M 36.06M 27.49M 16.63M 3.59M
Net income 32.21M 28.78M 21.58M 12.66M 2.53M
Selling general administrative - 87.77M 55.29M 36.22M 33.93M
Gross profit 67.74M 129.42M 86.30M 54.29M 40.54M
Reconciled depreciation 29.25M 22.97M 13.46M 9.63M 10.23M
Ebit 53.52M 42.54M 30.69M 18.07M 5.39M
Ebitda 82.77M 65.51M 44.15M 27.55M 15.62M
Depreciation and amortization 29.25M 22.97M 13.46M 9.48M 10.23M
Operating income 53.52M 42.79M 31.21M 18.07M 5.39M
Other operating expenses 149.68M 125.25M 79.26M 55.05M 49.19M
Interest expense 10.49M 6.92M 4.00M 1.28M 2.48M
Tax provision 9.02M 7.29M 5.91M 3.96M 1.06M
Interest income 0.16M 0.19M 0.28M 0.02M -
Net interest income -10.32M -6.73M -3.72M -1.44M -3.71M
Income tax expense 9.02M 7.29M 5.91M 3.96M 1.06M
Total revenue 203.19M 168.04M 110.47M 73.12M 55.80M
Total operating expenses 14.22M 86.63M 55.09M 36.22M 33.93M
Cost of revenue 135.46M 38.62M 24.17M 18.83M 15.26M
Total other income expense net -12.28M -6.73M -3.72M -1.44M -1.80M
Net income from continuing ops 32.21M 28.78M 21.58M 12.66M 2.53M
Net income applicable to common shares - - - 12.66M 2.53M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 323.27M 313.60M 213.69M 136.82M 99.03M
Intangible assets 29.00M 34.95M 17.71M 5.98M 1.76M
Other current assets 5.36M 8.27M 2.81M - 17.22M
Total liab 166.19M 186.28M 116.11M 61.02M 37.90M
Total stockholder equity 157.09M 127.33M 97.59M 75.80M 61.13M
Other current liab 23.48M 23.64M 22.30M 15.06M 6.89M
Common stock 4.03M 4.02M 4.00M 3.98M 3.98M
Capital stock 4.03M 4.02M 4.00M 3.98M 3.98M
Retained earnings 141.64M 96.44M 68.17M 47.56M 34.89M
Other liab - - - 2.34M 0.11M
Good will 111.66M 112.18M 77.74M 66.04M 48.65M
Other assets - -1.00M - - 20.26M
Cash 14.07M 12.17M 10.82M 9.04M 4.86M
Total current liabilities 34.71M 36.09M 35.41M 21.82M 11.02M
Net debt 108.91M 128.35M 61.68M 28.68M 22.70M
Short term debt 1.72M 1.14M 1.18M 0.86M 0.78M
Short long term debt 0.00M 0.00M 0.00M - 0.00M
Short long term debt total 122.98M 140.52M 72.51M 37.72M 27.56M
Other stockholder equity 14.12M 26.87M 25.42M 24.27M 22.26M
Property plant equipment - - - 34.44M 4.51M
Total current assets 78.02M 76.24M 46.90M 30.36M 23.86M
Net tangible assets - - - 3.78M 10.72M
Net receivables 47.00M 48.04M 29.20M 16.49M 14.21M
Long term debt 118.47M 137.67M 69.67M 34.87M 24.43M
Inventory 11.58M 7.77M 4.06M 1.86M 1.78M
Accounts payable 9.51M 10.04M 9.72M 5.90M 3.35M
Accumulated other comprehensive income -2.70M - 1.87M - -
Non currrent assets other - 1.00M - - -
Non current assets total 245.26M 238.36M 166.79M 106.46M 75.18M
Capital lease obligations 4.51M 2.85M 2.84M 2.86M 3.13M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -93.30M -68.93M -36.91M -6.44M
Change to liabilities - - - 7.21M 2.02M
Total cashflows from investing activities -31.94M -93.30M -68.93M -36.91M -6.44M
Net borrowings -19.92M 68.81M 35.43M 8.21M -20.86M
Total cash from financing activities -23.05M 65.32M 32.19M 7.98M -7.13M
Net income 32.21M 36.06M 21.58M 16.63M 3.59M
Change in cash 1.91M 1.34M 1.79M 4.18M -6.10M
Begin period cash flow 12.17M 10.82M 9.04M 4.86M 10.96M
End period cash flow 14.07M 12.17M 10.82M 9.04M 4.86M
Total cash from operating activities 57.78M 30.12M 39.05M 32.85M 7.24M
Issuance of capital stock - - - 0.00M 15.57M
Depreciation 29.25M 22.97M 13.46M 9.63M 10.23M
Other cashflows from investing activities 1.00M 3.15M 1.71M 0.02M 0.02M
Dividends paid 0.96M 0.88M 0.80M - -
Change to inventory -4.06M -1.17M -0.16M 0.27M -0.52M
Change to account receivables 0.19M -14.25M -2.12M 0.79M -6.60M
Other cashflows from financing activities -2.17M -2.61M -2.44M 29.71M 22.25M
Change to netincome - - - 2.29M -1.79M
Capital expenditures 37.20M 29.39M 19.46M 14.45M 7.89M
Change in working capital -5.22M -19.36M 1.80M 8.27M -5.11M
Stock based compensation 1.10M 1.33M 2.50M 0.82M -
Other non cash items 1.54M -10.88M -0.29M -2.50M -1.48M
Free cash flow 20.59M 0.73M 19.59M 18.40M -0.65M

Peer Comparison*

Sector: Energy Industry: Oil & Gas Equipment & Services

Stock Name
Change
(GBX)
Price
(GBX)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
AT
Ashtead Technology Holdings PLC
-
-%
607.00 11.32 9.11 1.79 2.21 2.25 5.69
HTG
Hunting PLC
11.50
2.78%
425.50 27.72 15.43 0.72 1.09 0.91 7.65
GMS
Gulf Marine Services PLC
0.10
0.55%
18.32 10.00 5.70 1.33 0.71 2.71 4.37
TAND
Tan Delta Systems PLC
-2.50
11.11%
20.00 - - 21.28 7.67 19.46 -
CSC
Chesterfield Special Cylinders Holdings Plc
-0.50
1.39%
35.50 - 10.11 1.08 1.66 0.98 265.77

Profile*

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. Ashtead Technology Holdings Plc was founded in 1985 and is headquartered in Westhill, the United Kingdom.

Ashtead House, Westhill, United Kingdom, AB32 6FG

44 1224 771 888

650

Name Title Year Born
Mr. Allan Pirie CEO & Exec. Director NA
Ms. Ingrid Stewart CFO, Company Sec. & Exec. Director NA
Mr. Allan W. Pirie CEO & Executive Director 1973
Ms. Ingrid Stewart CFO, Company Secretary & Executive Director 1974
Mr. Colin Ross Chief Strategy & Marketing Officer NA
Brett Lestrange Chief Operating Officer NA
Kola Otekalu HR Director NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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