Ashtead Group (LON:AHT)

Ashtead Group (LON:AHT)


Share Price
2,137.00 p
Change
36 (1.71 %)
Market Cap
£9,956.84 m
Proactive Investors - Run By Investors For Investors

Ashtead Group

www.ashtead-group.com

Overview

Figures in £(m) unless stated
Sales 3706.000
EBITDA 1707.700
Operating Profit 1122.200
Pre-tax Profit 862.100
Net Profit 968.800
Capex -141.200
Operating Cash Flow 518.500
Net Working Capital 108.500
Key Ratios
EBITDA Margin 46.079
Operating Profit Margin 0.303 -%
Net Profit Margin 0.261 -%
Capex/Sales (%) 0.038
NWC/Sales (%) 26.141392336751
Asset Turnover 0.576
Days Inventory 99.948  days
Days Receivable 52.293  days
Days Payable 469.070  days
Performance (Last 3 Years)
Sales CAGR 0.220
EBITDA CAGR n/a
Operating Profit CAGR -
Profit CAGR -
Return on Equity(%) 43.087
Return on Assets(%) 15.056
Return on Invested Capital (ROIC)(%) 21.332
ROIC - WACC n/a
Valuation
Market Cap -
Price to Earnings 12.706
Price to Book Value 3.498
Price to Tangible Book -
Equity to FCF Yield 808.36921420883
Enterprise Value -
EV to Sales -
EV to EBITDA -
EV to Operating Profit -
EV to Invested Capital -
EV to FCF Yield -
Dividend Yield -
Payout Ratio 20.56
Per Share Data (in GBp unless stated)
Earnings per share 1.944000
Operating Cashflow per share 1.0405378286173
Free Cashflow per share 0.743200
Dividend per share -
NAV per share -
Cash per share 1.093400
Solvency
Intangibles Incl. Excl.
Net debt to Equity % 107.32518105188 188.59527121001
Cash to Equity % 0.75586687245241 -108889999999.24
Gross debt to Equity % 108.08104792433 189.92350486787
Gross Debt < 1 Year to Equity - -
Net debt to Assets % 40.502743585941 48.303001361844
Net Debt/EBITDA 158.81009545002 0
Net Interest Cover 9.094836 n/a
Op Cashflow Interest Cover 4.868544600939 n/a
Current Ratio 1.164618 n/a
Quick Ratio 1.044606 n/a
Cash Ratio - n/a (Intangibles collected as non-current)
Dividend Cover - n/a
Key Dates
Latest Dividend Pay date n/a
Latest Ex-Dividend date n/a
Last Annual Results 2018-07-20
Last Interim Results 2018-07-20

Profit/Loss

Figures in £(m) unless stated30/04/1830/04/1730/04/1630/04/1530/04/1430/04/1330/04/12
Sales 3706.0003186.8002545.7002038.9001634.7001361.9001134.600
Cost of Goods Sold 181.500147.700118.600102.70083.40070.100-
Gross Profit 3524.5003039.1002427.1001936.2001551.3001291.800-
Operating Expenses 2402.3002043.3001578.5001309.8001081.500926.400966.900
EBITDA 1707.7001501.5001168.600906.300687.100494.500388.900
Depreciation & Amortisation -0.00012.000----
EBIT (Operating Profit) 1122.200995.800848.600626.400469.800365.400167.700
Interest Expense/Income 106.500101.20080.00065.00044.90040.00047.000
Profit Before Tax 862.100765.100616.700473.800356.500215.500134.800
Taxes on Income -106.700264.100209.100170.400125.30076.70046.300
Net Profit 968.800501.000407.600303.400231.200138.80088.500
Net Margin 0.2610.1570.1600.1490.1410.1020.078
Net profit/loss per share
Basic EPS 1.9531.0050.8130.6050.4610.2770.178
Diluted EPS 1.9441.0000.8100.6010.4580.2730.173

Balance sheet

 
Figures in £(m) unless stated 30/04/1830/04/1730/04/1630/04/1530/04/1430/04/1330/04/12
ASSETS        
Tangible Assets -------
Intangible Assets 1088.900972.100640.500608.900446.200429.900392.700
Investments -------
Total Fixed Assets 5975.4005476.7004231.5003423.1002381.4002016.2001666.700
Stocks 55.20044.20041.30023.90018.50016.70013.400
Debtors 555.800506.100394.600326.500221.400185.200148.800
Cash & Equivalents -------
Total Current Assets 767.600649.300517.500438.100291.000256.400217.400
Other Assets n/a        
Total Assets 6743.0006126.0004749.0003861.2002672.4002272.6001884.100
LIABILITIES        
Interest bearing debt < 1 year 2.7002.6002.5002.0002.2002.2002.100
Other Trade Creditors < 1 year -------
Total Creditors within 1 year 659.100574.700515.500518.300368.800314.000281.800
Interest bearing debt > 1 year 2725.8002529.6002009.3001692.3001146.8001031.500875.600
Other Trade Creditors > 1 year -------
Total Creditors > 1 year 0.0000.0000.0000.0000.0000.0000.000
Other Liabilities  n/a        
Total Liabilities 4216.1004155.9003268.6002749.7001848.0001590.1001329.400
Net Assets(NET Tangible Assets exist) 1438.000998.000839.900502.600378.200252.600162.000
EQUITY        
Called up share capital 49.90049.90055.30055.30055.30055.30055.300
Share Premium 9.9009.9004.5004.5004.5004.500-34.800
Profit / loss 2522.3001686.0001381.500970.900739.000551.400436.400
Other Equity -55.200224.30039.10080.80025.60071.30097.800
Shareholders Funds 2526.9001970.1001480.4001111.500824.400682.500554.700
Preference Stock -------
Total Capital Employed 2526.9001970.1001480.4001111.500824.400682.500554.700

Cash flow

Figures in £(m) unless stated 30/04/1830/04/1730/04/1630/04/1530/04/1430/04/1330/04/12
EBITDA 1037.500897.600728.200556.900409.200290.300178.200
Change in Working Capital -37.800-30.200-62.800-42.800-22.300-5.100-8.500
Cash Taxes Paid -------
Cash Interest Paid/Received -------
Other (incl. non-cash items) -135.200-101.500-79.400-63.400-40.500-54.900-49.100
Net Cash from Operating Activities 518.500424.80033.300-17.20023.1000.60030.400
Capital Expenditure -141.200-112.800-109.500-78.700-85.300-58.300-49.900
Acquisitions/Disposals -------
Other Investing Activities -------
Net Cashflow from Investing Activities -491.300-526.500-169.700-312.700-177.100-84.200-65.000
Dividends -140.500-116.100-81.500-61.400-41.300-20.000-15.300
Increase/Decrease in Debt 296.200267.800233.700422.100201.000111.60059.500
Increase/Decrease in Equity -168.400-55.200-12.000-20.300-22.400-10.200-3.500
Other Financing Activities -141.900-118.100-83.000-64.300-42.000-21.000-16.800
Cash from Financing -14.10094.500138.700337.500136.60080.40039.200
Net increase in cash 13.100-7.2002.3007.600-17.400-3.2004.600

Directors dealings

Date Director Trans Amount Type Price(p) Value (£) Holding %
- Mr. Ian Sutcliffe - - 10p Ords - - 13933.00 0.0029160
2018-10-26 Mr. Ian Sutcliffe P 13933.00 10p Ords 1794 249958 13933.00 0.0029029
- Mr. Christopher Cole - - 10p Ords - - 70082.00 0.0146014
2018-08-10 Mr. Ian Sutcliffe S 24500.00 10p Ords 2389 585305 0.00 0.0000000
- Mr. Satpal Singh Dhaiwal - - 10p Ords - - 150000.00 0.0312520
- Mr. Christopher Cole - - 10p Ords - - 70082.00 0.0144391
- Mr. Geoffrey Drabble - - Incentives - - 2936213.00
- Mr. Satpal Singh Dhaiwal - - Incentives - - 865921.00
- Mr. Ian Sutcliffe - - 10p Ords - - 24500.00 0.0050340
- Mr. Brendan Horgan - - Incentives - - 1676199.00
- Ms. Lucinda Riches - - 10p Ords - - 5000.00 0.0010417
2018-07-06 Mr. Geoffrey Drabble T 126832.00 10p Ords 0 0 519051.00 0.1081425
2018-07-06 Mr. Geoffrey Drabble S 126832.00 10p Ords 0 0 392219.00 0.0817175
2018-07-06 Mr. Satpal Singh Dhaiwal T 35680.00 10p Ords 0 0 185680.00 0.0381005
2018-07-06 Mr. Satpal Singh Dhaiwal S 35680.00 10p Ords 0 0 150000.00 0.0307792
2018-07-06 Mr. Brendan Horgan T 70437.00 10p Ords 0 0 389311.00 0.0811116
2018-07-06 Mr. Brendan Horgan S 35219.00 10p Ords 0 0 354092.00 0.0737739
2018-06-27 Ms. Tanya D Fratto P 1000.00 10p Ords 2254 22540 1000.00 0.0002083
2018-05-03 Mr. Wayne Edmunds P 14260.00 10p Ords 2059 293613 21260.00 0.0044295
2018-05-04 Mr. Wayne Edmunds S 7000.00 10p Ords 2090 146300 14260.00 0.0029710
2018-04-26 Mr. Christopher Cole S 40000.00 10p Ords 2040 816000 70082.00 0.0143677
- Suzanne Wood - - 10p Ords - - 63805.00 0.0132936
2017-12-12 Mr. Geoffrey Drabble S 941940.00 10p Ords 2054 19347448 392219.00 0.0802816
2017-12-12 Mr. Brendan Horgan S 175000.00 10p Ords 2040 3570000 318874.00 0.0652689
2017-12-12 Suzanne Wood S 145000.00 10p Ords 2046 2966700 63805.00 0.0129329
- Mr. Bruce A. Edwards - - 10p Ords - - 40000.00 0.0083129
- Mr. Wayne Edmunds - - 10p Ords - - 7000.00 0.0014251
- Mr. Christopher Cole - - 10p Ords - - 110082.00 0.0223985
- Mr. Geoffrey Drabble - - Incentives - - 3004966.00
- Mr. Satpal Singh Dhaiwal - - Incentives - - 867520.00
- Mr. Ian Sutcliffe - - 10p Ords - - 24500.00 0.0050228
- Mr. Michael Burrow - - 10p Ords - - 22500.00 0.0046760
- Mr. Brendan Horgan - - Incentives - - 794489.00
- Ms. Lucinda Riches - - 10p Ords - - 5000.00 0.0010251
- Suzanne Wood - - Incentives - - 165999.00
2017-06-19 Mr. Geoffrey Drabble T 111314.00 10p Ords 0 0 1445473.00 0.2895430
2017-06-19 Mr. Geoffrey Drabble S 111314.00 10p Ords 1622 1805513 1334159.00 0.2672457
2017-06-19 Mr. Satpal Singh Dhaiwal T 27794.00 10p Ords 0 0 177794.00 0.0363919
2017-06-19 Mr. Satpal Singh Dhaiwal S 27794.00 10p Ords 1622 450819 150000.00 0.0307028
2017-06-19 Mr. Brendan Horgan T 46683.00 10p Ords 0 0 540557.00 0.1082791
2017-06-19 Mr. Brendan Horgan S 46683.00 10p Ords 1622 757198 493874.00 0.0989280
2017-06-19 Suzanne Wood T 45834.00 10p Ords 0 0 254639.00 0.0510068
2017-06-19 Suzanne Wood S 45834.00 10p Ords 1622 743427 208805.00 0.0418258
2017-01-09 Mr. Satpal Singh Dhaiwal S 248375.00 10p Ords 1585.32 3937539 150000.00 0.0300465
2016-12-20 Ms. Lucinda Riches P 5000.00 10p Ords 1559 77950 5000.00 0.0010016
2016-07-26 Mr. Christopher Cole S 25000.00 10p Ords 1186 296500 110082.00 0.0220505
- Mr. Bruce A. Edwards - - 10p Ords - - 40000.00 0.0080124
- Mr. Christopher Cole - - 10p Ords - - 135082.00 0.0269240
- Mr. Ian Sutcliffe - - 10p Ords - - 24500.00 0.0049076
- Mr. Michael Burrow - - 10p Ords - - 22500.00 0.0045070
- Mr. Satpal Singh Dhaiwal - - Incentives - - 96582.00
- Mr. Brendan Horgan - - Incentives - - 750923.00
- Suzanne Wood - - Incentives - - 146332.00
2016-07-04 Mr. Geoffrey Drabble E 117418.00 10p Ords 0 0 1451577.00 0.2907657
2016-07-04 Mr. Geoffrey Drabble O 117418.00 10p Ords 1068 1254024 1334159.00 0.2672457
2016-07-04 Mr. Satpal Singh Dhaiwal E 38624.00 10p Ords 0 0 436999.00 0.0875354
2016-07-04 Mr. Satpal Singh Dhaiwal O 38624.00 10p Ords 1068 412504 398375.00 0.0797986
2016-07-04 Mr. Brendan Horgan E 93584.00 10p Ords 0 0 587458.00 0.1176738
2016-07-04 Mr. Brendan Horgan O 93584.00 10p Ords 1068 999477 493874.00 0.0989280
2016-07-04 Suzanne Wood E 65960.00 10p Ords 0 0 274765.00 0.0550382
2016-07-04 Suzanne Wood O 65960.00 10p Ords 1068 704453 208805.00 0.0418258
2016-07-04 Mr. Wayne Edmunds P 7000.00 10p Ords 1079 75530 7000.00 0.0014022
2016-03-01 Mr. Christopher Cole P 3000.00 10p Ords 844.97 25349 135082.00 0.0269240
2016-03-01 Mr. Geoffrey Drabble P 30862.00 10p Ords 804 248130 1334159.00 0.2656719
2016-03-01 Mr. Ian Sutcliffe P 12250.00 10p Ords 810 99225 24500.00 0.0048832
2016-03-01 Mr. Michael Burrow P 2500.00 10p Ords 793 19825 22500.00 0.0044846

Dividends

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