Ashtead Group Financials
| ASHTF Stock | USD 65.75 1.75 2.59% |
Ashtead |
Understanding current and past Ashtead Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ashtead Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Ashtead Group's assets may result in an increase in income on the income statement.
Ashtead Group Stock Summary
Ashtead Group competes with Emeco Holdings, Solution Financial, BOC Aviation, Alta Equipment, and Black Diamond. Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. The company was founded in 1947 and is headquartered in London, the United Kingdom. Ashted Group is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 100 Cheapside, London, |
| Sector | Industrials |
| Industry | Rental & Leasing Services |
| Benchmark | Dow Jones Industrial |
| Website | www.ashtead-group.com |
| Phone | 44 20 7726 9700 |
| Currency | USD - US Dollar |
Ashtead Group Key Financial Ratios
There are many critical financial ratios that Ashtead Group's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ashtead Group plc reports annually and quarterly.| Return On Equity | 0.29 | |||
| Return On Asset | 0.0895 | |||
| Target Price | 320.0 | |||
| Beta | 1.48 | |||
| Z Score | 3.0 |
Ashtead Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ashtead Group's current stock value. Our valuation model uses many indicators to compare Ashtead Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ashtead Group competition to find correlations between indicators driving Ashtead Group's intrinsic value. More Info.Ashtead Group plc is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ashtead Group plc is roughly 3.28 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ashtead Group's earnings, one of the primary drivers of an investment's value.Ashtead Group plc Systematic Risk
Ashtead Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ashtead Group volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Ashtead Group plc correlated with the market. If Beta is less than 0 Ashtead Group generally moves in the opposite direction as compared to the market. If Ashtead Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ashtead Group plc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ashtead Group is generally in the same direction as the market. If Beta > 1 Ashtead Group moves generally in the same direction as, but more than the movement of the benchmark.
Ashtead Group January 31, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ashtead Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ashtead Group plc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ashtead Group plc based on widely used predictive technical indicators. In general, we focus on analyzing Ashtead Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ashtead Group's daily price indicators and compare them against related drivers.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 20.31 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 2.86 |
Complementary Tools for Ashtead Pink Sheet analysis
When running Ashtead Group's price analysis, check to measure Ashtead Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ashtead Group is operating at the current time. Most of Ashtead Group's value examination focuses on studying past and present price action to predict the probability of Ashtead Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashtead Group's price. Additionally, you may evaluate how the addition of Ashtead Group to your portfolios can decrease your overall portfolio volatility.
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