Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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. The company was founded in 1985 and is headquartered in Westhill, the United Kingdom.
£4.09
£0.02 (-0.49%)
EOD Jul 3, 2026
23.03% operating margin is above average. ROIC at 13.35%.
Revenue grew 20.9%, still solid.
Net debt of £109M represents 5.3x FCF, leverage limits flexibility.
10.3x earnings, 16.1x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
£203M
▲ +20.9% YoY
Net Income (TTM)
£32M
▲ +11.9% YoY
Op. Margin
23.03%
▼ -1.8pp YoY
ROIC
13.35%
▼ -1.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
£20M
▲ +2701.5% YoY
Op. Cash Flow (TTM)
£49M
▲ +70.0% YoY
Net Debt
£109M
Cash & Equiv.
£14M
3Y CAGR: +40.6%
3Y CAGR: +3.5%
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At a P/E of 10.3 and a price-to-free-cash-flow of 16.1, Ashtead Technology Holdings (AT.XLON) trades above a two-stage DCF intrinsic value of about £3.20 per share, so at £4.09 the stock looks overvalued (21.5% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Ashtead Technology Holdings scores 60/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.3%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about £3.20 per share for AT.XLON, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around £2.40. At today's £4.09, that puts the stock about 21.5% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Ashtead Technology Holdings scores 60 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 23.0% operating margin and a 13.3% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Ashtead Technology Holdings pays a regular dividend of about £0.01 per share per year (typically in quarterly installments), a yield of roughly 0.3% at the current price. That is a payout ratio of about 3.0% of earnings, so the dividend is amply covered by earnings. Ashtead Technology Holdings has grown the dividend at roughly 10.1% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For AT.XLON's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. AT.XLON currently trades above its estimated intrinsic value and scores 60/100 on quality (solid). It also yields about 0.3%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.