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Ashtead Gro
Buy, Hold or Sell?

Let's analyse Ashtead Gro together

PenkeI guess you are interested in Ashtead Gro. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Ashtead Gro. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Ashtead Gro (30 sec.)










What can you expect buying and holding a share of Ashtead Gro? (30 sec.)

How much money do you get?

How much money do you get?
$15.86
When do you have the money?
1 year
How often do you get paid?
85.0%

What is your share worth?

Current worth
$79.21
Expected worth in 1 year
$92.85
How sure are you?
95.0%

+ What do you gain per year?

Total Gains per Share
$29.50
Return On Investment
10.3%

For what price can you sell your share?

Current Price per Share
$287.60
Expected price per share
$256.58 - $297.24
How sure are you?
50%

1. Valuation of Ashtead Gro (5 min.)




Live pricePrice per Share (EOD)

$287.60

Intrinsic Value Per Share

$-235.60 - $33.50

Total Value Per Share

$-156.39 - $112.71

2. Growth of Ashtead Gro (5 min.)




Is Ashtead Gro growing?

Current yearPrevious yearGrowGrow %
How rich?$8.6b$6.7b$1.4b17.2%

How much money is Ashtead Gro making?

Current yearPrevious yearGrowGrow %
Making money$510.9m$494.1m$16.7m3.3%
Net Profit Margin15.1%16.7%--

How much money comes from the company's main activities?

3. Financial Health of Ashtead Gro (5 min.)




4. Comparing to competitors in the Rental & Leasing Services industry (5 min.)




  Industry Rankings (Rental & Leasing Services)  

What can you expect buying and holding a share of Ashtead Gro? (5 min.)

Welcome investor! Ashtead Gro's management wants to use your money to grow the business. In return you get a share of Ashtead Gro.

What can you expect buying and holding a share of Ashtead Gro?

First you should know what it really means to hold a share of Ashtead Gro. And how you can make/lose money.

Speculation

The Price per Share of Ashtead Gro is $287.60. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Ashtead Gro.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Ashtead Gro, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $79.21. Based on the TTM, the Book Value Change Per Share is $3.41 per quarter. Based on the YOY, the Book Value Change Per Share is $2.44 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $3.96 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Ashtead Gro.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps3.821.3%4.941.7%4.471.6%3.301.1%2.440.8%
Usd Book Value Change Per Share4.591.6%3.411.2%2.440.8%2.040.7%1.650.6%
Usd Dividend Per Share0.020.0%3.961.4%1.830.6%2.110.7%1.210.4%
Usd Total Gains Per Share4.611.6%7.372.6%4.271.5%4.141.4%2.861.0%
Usd Price Per Share267.45-255.61-226.14-207.98-142.09-
Price to Earnings Ratio17.51-13.31-13.10-17.67-71.20-
Price-to-Total Gains Ratio58.04-45.27-65.08-53.27-71.01-
Price to Book Ratio3.38-3.44-3.70-3.89-3.49-
Price-to-Total Gains Ratio58.04-45.27-65.08-53.27-71.01-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share287.6
Number of shares3
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share3.962.11
Usd Book Value Change Per Share3.412.04
Usd Total Gains Per Share7.374.14
Gains per Quarter (3 shares)22.1212.42
Gains per Year (3 shares)88.5049.70
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1484178252440
29582166514990
31431232547673140
419016434210198190
5238205430126122240
6285246518152147290
7333286606177171340
8381327694202195390
9428368782227220440
10476409870253244490

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%71.010.00.087.7%
Book Value Change Per Share4.00.00.0100.0%11.01.00.091.7%18.02.00.090.0%36.04.00.090.0%65.016.00.080.2%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%34.00.06.085.0%49.00.032.060.5%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%18.02.00.090.0%38.02.00.095.0%68.013.00.084.0%

Fundamentals of Ashtead Gro

About Ashtead Gro

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. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services. The company offers its products and services for facilities maintenance and municipalities, such as office complexes, apartment complexes, government, hospitals, data centers, parks and recreation departments, schools and universities, shopping centers, pavement/kerb repairs, and golf course maintenance; construction of airports, highways and bridges, office buildings, data centers, schools and universities, shopping centers, residential, remodeling, manufacturing plants, and green energy plants; emergency response for fire, hurricanes, flooding, tornadoes, winter, storms, residential and health emergencies, alternative care facilities, points of distribution, and mobile testing facilities; and entertainment and special events, including national events, concerts, sporting events, film and telvision production, theme parks, festivals farmers' markets, local 5k runs, and cycle races. It operates 1,094 stores in the United States, 119 stores in Canada, and 185 stores in the United Kingdom under the Sunbelt Rentals brand. The company was founded in 1947 and is headquartered in London, the United Kingdom.

Fundamental data was last updated by Penke on 2024-03-28 17:38:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Ashtead Gro.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ashtead Gro earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Ashtead Gro to the Rental & Leasing Services industry mean.
  • A Net Profit Margin of 12.4% means that $0.12 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ashtead Gro:

  • The MRQ is 12.4%. The company is making a huge profit. +2
  • The TTM is 15.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ12.4%TTM15.1%-2.7%
TTM15.1%YOY16.7%-1.7%
TTM15.1%5Y15.2%-0.1%
5Y15.2%10Y16.6%-1.4%
Compared to industry (Rental & Leasing Services)
PeriodCompanyIndustry (mean)+/- 
MRQ12.4%9.4%+3.0%
TTM15.1%9.3%+5.8%
YOY16.7%7.2%+9.5%
5Y15.2%5.6%+9.6%
10Y16.6%4.4%+12.2%
1.1.2. Return on Assets

Shows how efficient Ashtead Gro is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ashtead Gro to the Rental & Leasing Services industry mean.
  • 1.5% Return on Assets means that Ashtead Gro generated $0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ashtead Gro:

  • The MRQ is 1.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.5%TTM2.0%-0.5%
TTM2.0%YOY2.3%-0.4%
TTM2.0%5Y2.0%0.0%
5Y2.0%10Y2.3%-0.3%
Compared to industry (Rental & Leasing Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5%1.4%+0.1%
TTM2.0%1.3%+0.7%
YOY2.3%1.3%+1.0%
5Y2.0%0.8%+1.2%
10Y2.3%0.7%+1.6%
1.1.3. Return on Equity

Shows how efficient Ashtead Gro is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ashtead Gro to the Rental & Leasing Services industry mean.
  • 4.8% Return on Equity means Ashtead Gro generated $0.05 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ashtead Gro:

  • The MRQ is 4.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 6.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.8%TTM6.3%-1.5%
TTM6.3%YOY7.3%-1.0%
TTM6.3%5Y6.3%-0.1%
5Y6.3%10Y7.1%-0.8%
Compared to industry (Rental & Leasing Services)
PeriodCompanyIndustry (mean)+/- 
MRQ4.8%4.7%+0.1%
TTM6.3%4.6%+1.7%
YOY7.3%4.1%+3.2%
5Y6.3%3.1%+3.2%
10Y7.1%2.7%+4.4%

1.2. Operating Efficiency of Ashtead Gro.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ashtead Gro is operating .

  • Measures how much profit Ashtead Gro makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Ashtead Gro to the Rental & Leasing Services industry mean.
  • An Operating Margin of 22.2% means the company generated $0.22  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Ashtead Gro:

  • The MRQ is 22.2%. The company is operating efficient. +1
  • The TTM is 29.2%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ22.2%TTM29.2%-6.9%
TTM29.2%YOY29.6%-0.4%
TTM29.2%5Y28.5%+0.6%
5Y28.5%10Y30.3%-1.8%
Compared to industry (Rental & Leasing Services)
PeriodCompanyIndustry (mean)+/- 
MRQ22.2%14.6%+7.6%
TTM29.2%12.1%+17.1%
YOY29.6%11.6%+18.0%
5Y28.5%10.3%+18.2%
10Y30.3%9.9%+20.4%
1.2.2. Operating Ratio

Measures how efficient Ashtead Gro is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Rental & Leasing Services industry mean).
  • An Operation Ratio of 0.78 means that the operating costs are $0.78 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Ashtead Gro:

  • The MRQ is 0.778. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.708. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.778TTM0.708+0.070
TTM0.708YOY0.705+0.003
TTM0.7085Y0.720-0.012
5Y0.72010Y0.704+0.016
Compared to industry (Rental & Leasing Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7781.006-0.228
TTM0.7080.969-0.261
YOY0.7050.897-0.192
5Y0.7200.933-0.213
10Y0.7040.908-0.204

1.3. Liquidity of Ashtead Gro.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ashtead Gro is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Rental & Leasing Services industry mean).
  • A Current Ratio of 1.36 means the company has $1.36 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Ashtead Gro:

  • The MRQ is 1.359. The company is just able to pay all its short-term debts.
  • The TTM is 1.164. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.359TTM1.164+0.195
TTM1.164YOY1.191-0.027
TTM1.1645Y1.222-0.058
5Y1.22210Y1.190+0.032
Compared to industry (Rental & Leasing Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3591.230+0.129
TTM1.1641.282-0.118
YOY1.1911.458-0.267
5Y1.2221.361-0.139
10Y1.1901.278-0.088
1.3.2. Quick Ratio

Measures if Ashtead Gro is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Ashtead Gro to the Rental & Leasing Services industry mean.
  • A Quick Ratio of 1.24 means the company can pay off $1.24 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ashtead Gro:

  • The MRQ is 1.243. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.064. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.243TTM1.064+0.179
TTM1.064YOY1.070-0.006
TTM1.0645Y0.870+0.193
5Y0.87010Y0.611+0.259
Compared to industry (Rental & Leasing Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2430.706+0.537
TTM1.0640.810+0.254
YOY1.0700.955+0.115
5Y0.8700.989-0.119
10Y0.6110.867-0.256

1.4. Solvency of Ashtead Gro.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ashtead Gro assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ashtead Gro to Rental & Leasing Services industry mean.
  • A Debt to Asset Ratio of 0.68 means that Ashtead Gro assets are financed with 68.4% credit (debt) and the remaining percentage (100% - 68.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Ashtead Gro:

  • The MRQ is 0.684. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.683. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.684TTM0.683+0.001
TTM0.683YOY0.679+0.004
TTM0.6835Y0.681+0.002
5Y0.68110Y0.681+0.000
Compared to industry (Rental & Leasing Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6840.708-0.024
TTM0.6830.688-0.005
YOY0.6790.679+0.000
5Y0.6810.695-0.014
10Y0.6810.641+0.040
1.4.2. Debt to Equity Ratio

Measures if Ashtead Gro is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ashtead Gro to the Rental & Leasing Services industry mean.
  • A Debt to Equity ratio of 216.0% means that company has $2.16 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ashtead Gro:

  • The MRQ is 2.160. The company is just not able to pay all its debts with equity.
  • The TTM is 2.155. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.160TTM2.155+0.005
TTM2.155YOY2.117+0.038
TTM2.1555Y2.147+0.008
5Y2.14710Y2.151-0.004
Compared to industry (Rental & Leasing Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1602.426-0.266
TTM2.1552.174-0.019
YOY2.1172.117+0.000
5Y2.1472.332-0.185
10Y2.1512.385-0.234

2. Market Valuation of Ashtead Gro

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Ashtead Gro generates.

  • Above 15 is considered overpriced but always compare Ashtead Gro to the Rental & Leasing Services industry mean.
  • A PE ratio of 17.51 means the investor is paying $17.51 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ashtead Gro:

  • The EOD is 18.824. Based on the earnings, the company is fair priced.
  • The MRQ is 17.505. Based on the earnings, the company is fair priced.
  • The TTM is 13.306. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD18.824MRQ17.505+1.319
MRQ17.505TTM13.306+4.199
TTM13.306YOY13.097+0.209
TTM13.3065Y17.669-4.364
5Y17.66910Y71.203-53.534
Compared to industry (Rental & Leasing Services)
PeriodCompanyIndustry (mean)+/- 
EOD18.8248.103+10.721
MRQ17.5057.819+9.686
TTM13.3069.471+3.835
YOY13.09710.746+2.351
5Y17.66911.355+6.314
10Y71.20312.176+59.027
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ashtead Gro:

  • The EOD is -44.786. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -41.648. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -21.219. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-44.786MRQ-41.648-3.138
MRQ-41.648TTM-21.219-20.429
TTM-21.219YOY49.704-70.924
TTM-21.2195Y41.590-62.809
5Y41.59010Y20.535+21.055
Compared to industry (Rental & Leasing Services)
PeriodCompanyIndustry (mean)+/- 
EOD-44.786-0.431-44.355
MRQ-41.648-0.691-40.957
TTM-21.2190.194-21.413
YOY49.704-1.012+50.716
5Y41.5900.514+41.076
10Y20.535-0.318+20.853
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Ashtead Gro is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Rental & Leasing Services industry mean).
  • A PB ratio of 3.38 means the investor is paying $3.38 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Ashtead Gro:

  • The EOD is 3.631. Based on the equity, the company is fair priced.
  • The MRQ is 3.376. Based on the equity, the company is fair priced.
  • The TTM is 3.445. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.631MRQ3.376+0.254
MRQ3.376TTM3.445-0.068
TTM3.445YOY3.704-0.259
TTM3.4455Y3.888-0.444
5Y3.88810Y3.492+0.396
Compared to industry (Rental & Leasing Services)
PeriodCompanyIndustry (mean)+/- 
EOD3.6311.276+2.355
MRQ3.3761.363+2.013
TTM3.4451.419+2.026
YOY3.7041.397+2.307
5Y3.8881.499+2.389
10Y3.4921.662+1.830
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ashtead Gro compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--4.5873.410+35%2.437+88%2.035+125%1.655+177%
Book Value Per Share--79.21074.206+7%60.966+30%53.677+48%39.161+102%
Current Ratio--1.3591.164+17%1.191+14%1.222+11%1.190+14%
Debt To Asset Ratio--0.6840.683+0%0.679+1%0.681+0%0.681+0%
Debt To Equity Ratio--2.1602.155+0%2.117+2%2.147+1%2.151+0%
Dividend Per Share--0.0213.965-99%1.833-99%2.106-99%1.206-98%
Eps--3.8204.939-23%4.465-14%3.302+16%2.437+57%
Free Cash Flow Per Share---1.605-0.836-48%1.842-187%2.293-170%1.387-216%
Free Cash Flow To Equity Per Share--1.8012.712-34%3.686-51%2.250-20%1.661+8%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--33.503--------
Intrinsic Value_10Y_min---235.597--------
Intrinsic Value_1Y_max--5.237--------
Intrinsic Value_1Y_min--0.345--------
Intrinsic Value_3Y_max--14.302--------
Intrinsic Value_3Y_min---19.704--------
Intrinsic Value_5Y_max--21.640--------
Intrinsic Value_5Y_min---62.330--------
Market Cap31447622000.000+7%29359323750.00028095165981.250+4%25036063456.250+17%23214126023.750+26%16348518178.125+80%
Net Profit Margin--0.1240.151-18%0.167-26%0.152-19%0.166-26%
Operating Margin--0.2220.292-24%0.296-25%0.285-22%0.303-27%
Operating Ratio--0.7780.708+10%0.705+10%0.720+8%0.704+10%
Pb Ratio3.631+7%3.3763.445-2%3.704-9%3.888-13%3.492-3%
Pe Ratio18.824+7%17.50513.306+32%13.097+34%17.669-1%71.203-75%
Price Per Share287.600+7%267.450255.608+5%226.142+18%207.981+29%142.091+88%
Price To Free Cash Flow Ratio-44.786-8%-41.648-21.219-49%49.704-184%41.590-200%20.535-303%
Price To Total Gains Ratio62.409+7%58.03645.269+28%65.080-11%53.271+9%71.013-18%
Quick Ratio--1.2431.064+17%1.070+16%0.870+43%0.611+103%
Return On Assets--0.0150.020-23%0.023-35%0.020-24%0.023-34%
Return On Equity--0.0480.063-23%0.073-34%0.063-24%0.071-32%
Total Gains Per Share--4.6087.375-38%4.270+8%4.142+11%2.861+61%
Usd Book Value--8695316160.0008155865115.000+7%6749841375.000+29%5994897437.888+45%4529858928.871+92%
Usd Book Value Change Per Share--4.5873.410+35%2.437+88%2.035+125%1.655+177%
Usd Book Value Per Share--79.21074.206+7%60.966+30%53.677+48%39.161+102%
Usd Dividend Per Share--0.0213.965-99%1.833-99%2.106-99%1.206-98%
Usd Eps--3.8204.939-23%4.465-14%3.302+16%2.437+57%
Usd Free Cash Flow---176234512.019-91786213.005-48%204600870.000-186%258901209.467-168%159216015.091-211%
Usd Free Cash Flow Per Share---1.605-0.836-48%1.842-187%2.293-170%1.387-216%
Usd Free Cash Flow To Equity Per Share--1.8012.712-34%3.686-51%2.250-20%1.661+8%
Usd Market Cap31447622000.000+7%29359323750.00028095165981.250+4%25036063456.250+17%23214126023.750+26%16348518178.125+80%
Usd Price Per Share287.600+7%267.450255.608+5%226.142+18%207.981+29%142.091+88%
Usd Profit--419296140.000510965910.000-18%494183970.000-15%385939093.219+9%318674147.018+32%
Usd Revenue--3386378395.5253375588793.881+0%2934252810.000+15%2488950195.736+36%1911946948.476+77%
Usd Total Gains Per Share--4.6087.375-38%4.270+8%4.142+11%2.861+61%
 EOD+5 -3MRQTTM+14 -21YOY+15 -205Y+20 -1510Y+21 -14

3.2. Fundamental Score

Let's check the fundamental score of Ashtead Gro based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1518.824
Price to Book Ratio (EOD)Between0-13.631
Net Profit Margin (MRQ)Greater than00.124
Operating Margin (MRQ)Greater than00.222
Quick Ratio (MRQ)Greater than11.243
Current Ratio (MRQ)Greater than11.359
Debt to Asset Ratio (MRQ)Less than10.684
Debt to Equity Ratio (MRQ)Less than12.160
Return on Equity (MRQ)Greater than0.150.048
Return on Assets (MRQ)Greater than0.050.015
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Ashtead Gro based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.933
Ma 20Greater thanMa 50276.258
Ma 50Greater thanMa 100270.430
Ma 100Greater thanMa 200262.781
OpenGreater thanClose284.870
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2024-01-31. Currency in GBP. All numbers in thousands.

Summary
Total Assets21,779,200
Total Liabilities14,888,000
Total Stockholder Equity6,891,200
 As reported
Total Liabilities 14,888,000
Total Stockholder Equity+ 6,891,200
Total Assets = 21,779,200

Assets

Total Assets21,779,200
Total Current Assets2,260,100
Long-term Assets19,519,100
Total Current Assets
Cash And Cash Equivalents 22,400
Net Receivables 2,045,200
Inventory 192,500
Total Current Assets  (as reported)2,260,100
Total Current Assets  (calculated)2,260,100
+/-0
Long-term Assets
Property Plant Equipment 15,480,800
Goodwill 3,263,400
Intangible Assets 538,900
Long-term Assets Other 236,000
Long-term Assets  (as reported)19,519,100
Long-term Assets  (calculated)19,519,100
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities1,663,500
Long-term Liabilities13,224,500
Total Stockholder Equity6,891,200
Total Current Liabilities
Short-term Debt 268,400
Accounts payable 1,305,400
Other Current Liabilities 76,900
Total Current Liabilities  (as reported)1,663,500
Total Current Liabilities  (calculated)1,650,700
+/- 12,800
Long-term Liabilities
Long term Debt 8,545,800
Capital Lease Obligations 2,642,300
Long-term Liabilities Other 48,100
Long-term Liabilities  (as reported)13,224,500
Long-term Liabilities  (calculated)11,236,200
+/- 1,988,300
Total Stockholder Equity
Common Stock81,800
Retained Earnings 7,850,700
Accumulated Other Comprehensive Income -203,100
Other Stockholders Equity -838,200
Total Stockholder Equity (as reported)6,891,200
Total Stockholder Equity (calculated)6,891,200
+/-0
Other
Capital Stock81,800
Cash and Short Term Investments 22,400
Common Stock Shares Outstanding 109,775
Current Deferred Revenue12,800
Liabilities and Stockholders Equity 21,779,200
Net Debt 11,165,700
Net Invested Capital 15,437,000
Net Working Capital 596,600
Property Plant and Equipment Gross 15,480,800
Short Long Term Debt Total 11,188,100



Balance Sheet

Currency in GBP. All numbers in thousands.

 Trend2024-01-312023-10-312023-07-312023-04-302023-01-312022-10-312022-07-312022-04-302022-01-312021-10-312021-07-312021-04-302021-01-312020-10-312020-07-312020-04-302020-01-312019-10-312019-07-312019-04-302019-01-312018-10-312018-07-312018-04-302018-01-312017-10-312017-07-312017-04-302017-01-312016-10-312016-07-312016-04-302016-01-312015-10-312015-07-312015-04-302015-01-312014-10-312014-07-312014-04-302014-01-312013-10-312013-07-312013-04-302013-01-312012-10-312012-07-312012-04-302012-01-312011-10-312011-07-312011-04-302011-01-312010-10-312010-07-312010-04-302010-01-312009-10-312009-07-312009-04-302009-01-312008-10-312008-07-312008-04-302008-01-312007-10-312007-07-312007-04-302007-01-312006-10-312006-07-312006-04-302006-01-312005-10-312005-07-312005-04-302005-01-312004-10-312004-07-312004-04-302004-01-312003-10-31
> Total Assets 
1,394,694
1,373,290
1,325,213
1,428,884
1,486,999
1,430,589
1,475,310
1,495,965
1,679,233
1,675,681
1,714,463
1,845,783
3,288,926
3,249,838
3,191,000
3,317,053
3,483,186
3,367,536
3,306,492
3,381,717
3,204,920
2,928,713
2,754,121
2,776,376
2,715,714
2,607,279
2,598,250
2,637,123
2,652,577
2,502,097
2,668,392
2,828,588
2,894,656
2,828,115
3,066,918
3,280,077
3,367,568
3,386,299
3,520,245
3,950,107
4,174,665
4,317,762
4,496,114
4,968,130
5,408,695
5,547,085
5,955,701
6,320,716
6,677,827
6,681,478
6,940,141
7,190,048
7,488,064
7,442,846
7,921,176
8,352,347
8,885,615
9,000,113
9,284,426
9,836,083
10,566,767
10,756,377
10,807,159
12,537,880
13,091,878
13,325,701
10,532,600
12,734,427
12,748,009
12,615,713
9,272,700
13,247,500
14,069,300
14,783,900
15,290,100
16,203,900
17,197,600
18,048,800
18,729,300
20,015,700
21,073,400
21,779,200
21,779,20021,073,40020,015,70018,729,30018,048,80017,197,60016,203,90015,290,10014,783,90014,069,30013,247,5009,272,70012,615,71312,748,00912,734,42710,532,60013,325,70113,091,87812,537,88010,807,15910,756,37710,566,7679,836,0839,284,4269,000,1138,885,6158,352,3477,921,1767,442,8467,488,0647,190,0486,940,1416,681,4786,677,8276,320,7165,955,7015,547,0855,408,6954,968,1304,496,1144,317,7624,174,6653,950,1073,520,2453,386,2993,367,5683,280,0773,066,9182,828,1152,894,6562,828,5882,668,3922,502,0972,652,5772,637,1232,598,2502,607,2792,715,7142,776,3762,754,1212,928,7133,204,9203,381,7173,306,4923,367,5363,483,1863,317,0533,191,0003,249,8383,288,9261,845,7831,714,4631,675,6811,679,2331,495,9651,475,3101,430,5891,486,9991,428,8841,325,2131,373,2901,394,694
   > Total Current Assets 
143,676
130,451
118,954
226,304
250,994
211,067
205,768
209,123
245,124
223,496
226,394
246,067
415,887
452,129
402,600
406,593
411,107
372,050
423,055
401,745
389,790
330,489
241,914
251,942
284,384
267,917
307,799
342,375
380,177
269,659
313,663
328,219
365,537
300,870
353,881
360,072
382,693
370,078
397,162
443,151
478,327
511,843
489,586
570,950
644,635
662,799
675,747
742,347
767,902
730,756
756,269
775,492
845,371
825,969
839,572
863,782
997,463
1,027,064
1,056,907
1,148,208
1,301,276
1,289,003
1,248,109
1,335,457
1,407,580
1,365,581
1,179,100
1,173,022
1,295,516
1,244,690
889,000
1,350,100
1,595,200
1,680,200
1,581,400
1,805,000
2,061,400
2,022,000
1,885,000
2,126,500
2,241,900
2,260,100
2,260,1002,241,9002,126,5001,885,0002,022,0002,061,4001,805,0001,581,4001,680,2001,595,2001,350,100889,0001,244,6901,295,5161,173,0221,179,1001,365,5811,407,5801,335,4571,248,1091,289,0031,301,2761,148,2081,056,9071,027,064997,463863,782839,572825,969845,371775,492756,269730,756767,902742,347675,747662,799644,635570,950489,586511,843478,327443,151397,162370,078382,693360,072353,881300,870365,537328,219313,663269,659380,177342,375307,799267,917284,384251,942241,914330,489389,790401,745423,055372,050411,107406,593402,600452,129415,887246,067226,394223,496245,124209,123205,768211,067250,994226,304118,954130,451143,676
       Cash And Cash Equivalents 
31,890
26,090
17,603
21,136
13,443
15,063
4,008
2,105
1,593
2,321
1,824
2,055
2,290
2,354
2,200
2,646
4,157
3,977
3,570
2,974
3,087
2,594
2,515
4,010
31,909
42,177
84,126
85,712
109,287
17,091
31,383
20,678
36,892
2,198
38,090
10,997
2,089
1,737
31,445
5,943
2,404
4,289
4,711
7,608
11,037
5,725
16,196
3,588
8,177
14,242
18,998
14,006
12,455
10,000
8,146
9,726
15,457
12,315
26,299
13,266
29,609
21,903
16,552
20,673
25,027
23,420
241,400
12,985
18,232
20,142
19,200
30,000
15,400
34,600
15,300
27,500
29,900
36,600
29,900
25,000
25,700
22,400
22,40025,70025,00029,90036,60029,90027,50015,30034,60015,40030,00019,20020,14218,23212,985241,40023,42025,02720,67316,55221,90329,60913,26626,29912,31515,4579,7268,14610,00012,45514,00618,99814,2428,1773,58816,1965,72511,0377,6084,7114,2892,4045,94331,4451,7372,08910,99738,0902,19836,89220,67831,38317,091109,28785,71284,12642,17731,9094,0102,5152,5943,0872,9743,5703,9774,1572,6462,2002,3542,2902,0551,8242,3211,5932,1054,00815,06313,44321,13617,60326,09031,890
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,188
0
0
0
8,438
0
0
0
0008,4380008,18800000000000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
29,176
0
0
0
190,041
0
0
0
0
0
0
0
334,962
379,553
0
0
0
0
0
347,412
346,895
299,645
0
230,390
236,192
209,285
0
238,925
253,880
236,268
0
284,566
305,930
274,332
0
321,897
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
607,900
598,800
718,176
6,110
6,113
837,420
933,131
935,700
872,800
702,200
967,500
978,800
940,700
-211,043
804,700
908,600
820,000
-314,336
1,210,000
1,455,000
1,498,000
1,397,600
1,601,900
1,829,100
1,761,500
1,673,800
1,912,600
2,035,800
2,045,200
2,045,2002,035,8001,912,6001,673,8001,761,5001,829,1001,601,9001,397,6001,498,0001,455,0001,210,000-314,336820,000908,600804,700-211,043940,700978,800967,500702,200872,800935,700933,131837,4206,1136,110718,176598,800607,90000000000000000000321,8970274,332305,930284,5660236,268253,880238,9250209,285236,192230,3900299,645346,895347,41200000379,553334,9620000000190,04100029,176
       Inventory 
23,409
24,995
26,849
28,607
29,280
25,230
26,341
26,140
27,256
25,527
23,168
26,157
73,291
62,965
48,400
48,230
46,764
47,724
44,824
46,996
35,258
23,926
15,388
15,872
14,803
14,059
15,198
16,012
15,727
15,667
19,197
19,529
19,010
20,571
21,812
23,251
23,306
23,061
25,868
29,107
31,087
28,537
31,125
36,857
35,831
34,052
36,865
33,232
46,441
52,410
60,355
64,085
60,323
56,123
57,152
56,911
64,736
70,066
76,005
86,556
82,601
90,367
107,975
120,510
114,428
111,345
83,300
104,540
102,410
100,984
73,800
110,100
124,800
147,600
168,500
175,600
202,400
223,900
181,300
188,900
180,400
192,500
192,500180,400188,900181,300223,900202,400175,600168,500147,600124,800110,10073,800100,984102,410104,54083,300111,345114,428120,510107,97590,36782,60186,55676,00570,06664,73656,91157,15256,12360,32364,08560,35552,41046,44133,23236,86534,05235,83136,85731,12528,53731,08729,10725,86823,06123,30623,25121,81220,57119,01019,52919,19715,66715,72716,01215,19814,05914,80315,87215,38823,92635,25846,99644,82447,72446,76448,23048,40062,96573,29126,15723,16825,52727,25626,14026,34125,23029,28028,60726,84924,99523,409
       Other Current Assets 
59,201
79,365
74,502
176,561
18,231
170,774
175,419
180,877
216,276
195,648
201,401
217,854
5,344
7,258
352,000
355,718
360,186
320,348
374,660
4,362
4,549
4,324
224,011
1,671
1,480
2,396
208,474
1,727
1,284
633
263,083
3,446
3,705
3,769
293,979
3,927
357,298
345,280
339,849
408,101
444,836
479,018
453,750
526,485
597,767
623,022
622,686
705,526
713,283
664,103
676,916
697,401
772,594
759,847
774,274
797,145
917,270
944,684
954,604
1,048,387
1,189,066
1,176,733
1,123,582
1,194,275
1,268,125
1,230,816
1,065,443
1,055,497
1,174,873
1,123,565
1,110,336
1,210,000
1,455,000
1,498,000
1,397,600
1,601,900
236,410
227,530
142,747
346,410
0
0
00346,410142,747227,530236,4101,601,9001,397,6001,498,0001,455,0001,210,0001,110,3361,123,5651,174,8731,055,4971,065,4431,230,8161,268,1251,194,2751,123,5821,176,7331,189,0661,048,387954,604944,684917,270797,145774,274759,847772,594697,401676,916664,103713,283705,526622,686623,022597,767526,485453,750479,018444,836408,101339,849345,280357,2983,927293,9793,7693,7053,446263,0836331,2841,727208,4742,3961,4801,671224,0114,3244,5494,362374,660320,348360,186355,718352,0007,2585,344217,854201,401195,648216,276180,877175,419170,77418,231176,56174,50279,36559,201
   > Long-term Assets 
1,251,018
1,242,839
1,206,259
1,225,903
1,236,005
1,219,521
1,269,541
1,286,842
1,434,109
1,452,186
1,488,069
1,599,716
2,873,039
2,797,709
2,788,400
2,910,460
3,072,079
2,995,486
2,883,437
2,979,972
2,815,130
2,598,224
2,512,207
2,524,434
2,431,330
2,339,362
2,290,451
2,294,747
2,272,399
2,232,438
2,354,728
2,500,369
2,529,119
2,527,245
2,713,037
2,920,005
2,984,876
3,016,222
3,123,083
3,506,957
3,696,338
3,805,918
4,006,528
4,397,180
4,764,060
4,884,285
5,279,954
5,578,369
5,909,925
5,950,723
6,183,872
6,414,556
6,642,692
6,616,877
7,081,604
7,488,565
7,888,152
7,973,049
8,227,519
8,687,874
9,265,491
9,467,375
9,559,050
11,202,422
11,684,297
11,960,120
9,353,500
11,561,406
11,452,493
11,371,023
8,383,700
11,897,400
12,474,100
13,103,700
13,708,700
14,398,900
15,136,200
16,026,800
16,844,300
17,889,200
18,831,500
19,519,100
19,519,10018,831,50017,889,20016,844,30016,026,80015,136,20014,398,90013,708,70013,103,70012,474,10011,897,4008,383,70011,371,02311,452,49311,561,4069,353,50011,960,12011,684,29711,202,4229,559,0509,467,3759,265,4918,687,8748,227,5197,973,0497,888,1527,488,5657,081,6046,616,8776,642,6926,414,5566,183,8725,950,7235,909,9255,578,3695,279,9544,884,2854,764,0604,397,1804,006,5283,805,9183,696,3383,506,9573,123,0833,016,2222,984,8762,920,0052,713,0372,527,2452,529,1192,500,3692,354,7282,232,4382,272,3992,294,7472,290,4512,339,3622,431,3302,524,4342,512,2072,598,2242,815,1302,979,9722,883,4372,995,4863,072,0792,910,4602,788,4002,797,7092,873,0391,599,7161,488,0691,452,1861,434,1091,286,8421,269,5411,219,5211,236,0051,225,9031,206,2591,242,8391,251,018
       Property Plant Equipment 
118,232
119,869
952,169
1,000,146
155,790
994,144
1,025,215
1,026,491
1,142,260
1,153,537
1,179,765
1,318,897
2,187,082
2,114,513
2,096,000
2,230,159
2,393,482
2,333,512
2,241,417
2,340,869
2,192,181
1,988,556
1,914,598
1,919,639
1,831,804
1,744,416
1,691,127
1,691,784
1,681,672
1,628,238
1,729,739
1,878,395
1,909,687
1,910,587
2,056,549
2,276,998
2,343,732
2,348,249
2,454,537
2,798,342
2,978,768
3,066,442
3,245,567
3,620,471
3,923,796
4,017,628
4,335,976
4,650,201
4,961,659
4,983,408
5,244,637
5,428,443
5,629,419
5,589,665
5,824,638
6,178,829
6,435,819
6,496,008
6,722,018
7,113,061
7,586,413
7,685,881
7,741,844
9,269,280
9,727,927
9,869,160
7,687,100
9,466,939
9,377,780
9,296,813
6,733,100
9,552,300
10,039,000
10,369,100
10,757,400
11,186,300
11,792,600
12,488,500
13,247,100
14,074,600
14,912,700
15,480,800
15,480,80014,912,70014,074,60013,247,10012,488,50011,792,60011,186,30010,757,40010,369,10010,039,0009,552,3006,733,1009,296,8139,377,7809,466,9397,687,1009,869,1609,727,9279,269,2807,741,8447,685,8817,586,4137,113,0616,722,0186,496,0086,435,8196,178,8295,824,6385,589,6655,629,4195,428,4435,244,6374,983,4084,961,6594,650,2014,335,9764,017,6283,923,7963,620,4713,245,5673,066,4422,978,7682,798,3422,454,5372,348,2492,343,7322,276,9982,056,5491,910,5871,909,6871,878,3951,729,7391,628,2381,681,6721,691,7841,691,1271,744,4161,831,8041,919,6391,914,5981,988,5562,192,1812,340,8692,241,4172,333,5122,393,4822,230,1592,096,0002,114,5132,187,0821,318,8971,179,7651,153,5371,142,2601,026,4911,025,215994,144155,7901,000,146952,169119,869118,232
       Goodwill 
250,204
0
0
0
0
0
225,620
224,211
0
272,051
271,818
271,103
562,851
565,897
579,200
580,383
580,496
582,036
578,948
578,822
576,154
570,321
570,236
578,064
572,223
571,141
573,534
573,608
574,840
580,779
592,438
591,450
589,951
587,764
603,910
603,733
0
611,426
615,416
638,058
649,627
663,434
673,643
687,102
735,652
752,298
796,212
788,685
801,074
816,492
813,556
844,069
859,658
877,967
1,031,460
1,076,968
1,167,891
1,191,541
1,215,251
1,273,773
1,365,323
1,444,029
1,480,222
1,553,250
1,579,803
1,689,411
1,340,300
1,697,556
1,698,174
1,711,107
1,297,300
1,841,100
1,939,400
2,161,500
2,300,000
2,459,500
2,586,300
2,791,100
2,865,500
3,052,000
3,144,100
3,263,400
3,263,4003,144,1003,052,0002,865,5002,791,1002,586,3002,459,5002,300,0002,161,5001,939,4001,841,1001,297,3001,711,1071,698,1741,697,5561,340,3001,689,4111,579,8031,553,2501,480,2221,444,0291,365,3231,273,7731,215,2511,191,5411,167,8911,076,9681,031,460877,967859,658844,069813,556816,492801,074788,685796,212752,298735,652687,102673,643663,434649,627638,058615,416611,4260603,733603,910587,764589,951591,450592,438580,779574,840573,608573,534571,141572,223578,064570,236570,321576,154578,822578,948582,036580,496580,383579,200565,897562,851271,103271,818272,0510224,211225,62000000250,204
       Intangible Assets 
0
265,098
254,090
225,757
226,503
225,377
0
0
270,610
0
0
0
37,600
31,188
19,400
17,908
16,835
17,300
15,867
14,476
12,024
10,377
8,730
8,354
6,744
5,911
5,066
4,552
4,333
13,610
20,533
19,365
18,204
16,959
35,323
33,148
0
48,807
50,497
67,814
67,463
75,713
77,055
79,294
94,696
105,168
142,985
134,802
142,564
146,550
122,464
139,137
150,929
146,620
225,507
232,769
284,442
285,500
284,054
295,261
308,163
331,825
336,984
379,892
376,567
401,549
326,100
396,910
376,539
363,103
279,800
400,700
383,700
443,200
475,300
534,600
529,500
542,400
523,400
534,800
550,800
538,900
538,900550,800534,800523,400542,400529,500534,600475,300443,200383,700400,700279,800363,103376,539396,910326,100401,549376,567379,892336,984331,825308,163295,261284,054285,500284,442232,769225,507146,620150,929139,137122,464146,550142,564134,802142,985105,16894,69679,29477,05575,71367,46367,81450,49748,807033,14835,32316,95918,20419,36520,53313,6104,3334,5525,0665,9116,7448,3548,73010,37712,02414,47615,86717,30016,83517,90819,40031,18837,600000270,61000225,377226,503225,757254,090265,0980
       Long-term Assets Other 
882,582
857,873
-17,603
0
853,712
0
-4,008
36,140
21,238
26,598
31,195
3,550
4,199
4,708
10,400
10,989
11,847
11,732
11,504
11,898
10,886
10,089
444
668
0
0
8,750
12,558
7,864
8,071
10,183
10,667
11,277
11,934
-38,090
6,127
7,072
7,740
620
610
481
330
10,263
10,313
9,917
9,191
4,782
4,681
4,629
4,273
3,215
2,907
2,686
2,625
0
0
0
0
6,196
5,779
5,591
5,640
7,392,300
9,212,200
9,057,200
9,141,000
0
0
0
0
73,500
103,300
112,000
129,900
157,500
218,500
227,800
204,800
208,300
227,800
223,900
236,000
236,000223,900227,800208,300204,800227,800218,500157,500129,900112,000103,30073,50000009,141,0009,057,2009,212,2007,392,3005,6405,5915,7796,19600002,6252,6862,9073,2154,2734,6294,6814,7829,1919,91710,31310,2633304816106207,7407,0726,127-38,09011,93411,27710,66710,1838,0717,86412,5588,7500066844410,08910,88611,89811,50411,73211,84710,98910,4004,7084,1993,55031,19526,59821,23836,140-4,0080853,7120-17,603857,873882,582
> Total Liabilities 
1,142,285
1,122,240
1,090,861
1,214,970
1,260,865
1,213,308
1,246,827
1,234,737
1,270,044
1,229,940
1,243,250
1,371,959
2,517,846
2,457,778
2,397,600
2,477,818
2,575,965
2,489,809
2,433,210
2,368,233
2,332,727
2,128,938
1,975,853
1,928,995
1,903,023
1,823,178
1,830,212
1,844,369
1,840,226
1,701,825
1,864,786
2,000,000
2,043,562
1,966,961
2,163,984
2,372,357
2,391,790
2,360,569
2,463,056
2,839,792
2,984,857
3,015,802
3,109,122
3,483,862
3,871,649
3,926,925
4,241,270
4,445,970
4,741,024
4,647,155
4,776,700
4,945,231
5,222,180
5,041,936
5,373,754
5,611,824
6,069,862
5,471,209
5,805,141
6,243,301
7,011,640
7,101,449
7,185,807
8,822,263
9,357,294
9,538,133
7,560,400
8,798,384
8,710,950
8,321,778
6,004,000
8,534,200
9,316,800
9,847,600
10,256,400
10,915,800
11,851,200
12,319,500
12,721,300
13,555,300
14,578,300
14,888,000
14,888,00014,578,30013,555,30012,721,30012,319,50011,851,20010,915,80010,256,4009,847,6009,316,8008,534,2006,004,0008,321,7788,710,9508,798,3847,560,4009,538,1339,357,2948,822,2637,185,8077,101,4497,011,6406,243,3015,805,1415,471,2096,069,8625,611,8245,373,7545,041,9365,222,1804,945,2314,776,7004,647,1554,741,0244,445,9704,241,2703,926,9253,871,6493,483,8623,109,1223,015,8022,984,8572,839,7922,463,0562,360,5692,391,7902,372,3572,163,9841,966,9612,043,5622,000,0001,864,7861,701,8251,840,2261,844,3691,830,2121,823,1781,903,0231,928,9951,975,8532,128,9382,332,7272,368,2332,433,2102,489,8092,575,9652,477,8182,397,6002,457,7782,517,8461,371,9591,243,2501,229,9401,270,0441,234,7371,246,8271,213,3081,260,8651,214,9701,090,8611,122,2401,142,285
   > Total Current Liabilities 
228,661
153,986
165,185
186,218
179,361
167,009
218,176
213,860
230,965
190,828
218,914
307,724
422,567
348,561
378,400
467,643
434,593
316,968
302,069
418,997
310,499
212,879
193,827
215,020
204,776
199,220
226,896
243,163
245,053
224,083
314,331
348,568
308,669
263,026
458,711
515,129
341,386
307,214
486,384
599,351
528,323
394,398
620,478
684,735
695,022
501,281
799,451
784,473
789,811
520,402
753,347
701,761
679,057
495,356
743,111
827,901
784,759
663,572
907,514
1,023,826
1,084,354
800,446
896,900
1,164,239
1,158,212
936,817
736,700
974,567
1,161,684
1,015,867
756,900
1,330,300
1,339,400
1,299,200
1,474,700
1,476,700
1,650,400
1,657,800
1,857,800
1,921,000
1,906,100
1,663,500
1,663,5001,906,1001,921,0001,857,8001,657,8001,650,4001,476,7001,474,7001,299,2001,339,4001,330,300756,9001,015,8671,161,684974,567736,700936,8171,158,2121,164,239896,900800,4461,084,3541,023,826907,514663,572784,759827,901743,111495,356679,057701,761753,347520,402789,811784,473799,451501,281695,022684,735620,478394,398528,323599,351486,384307,214341,386515,129458,711263,026308,669348,568314,331224,083245,053243,163226,896199,220204,776215,020193,827212,879310,499418,997302,069316,968434,593467,643378,400348,561422,567307,724218,914190,828230,965213,860218,176167,009179,361186,218165,185153,986228,661
       Short-term Debt 
81,083
36,855
29,339
40,086
0
21,464
23,287
0
23,185
19,636
19,337
0
24,621
18,634
18,000
17,094
15,796
15,510
15,074
15,665
15,111
10,233
10,209
9,857
8,553
7,988
4,759
3,611
3,531
3,323
2,838
2,626
2,739
2,827
3,418
3,456
0
3,633
3,408
3,048
3,045
3,794
3,701
3,550
3,039
2,863
3,085
3,120
3,549
3,418
3,653
3,568
3,297
3,375
3,362
3,417
3,435
3,680
3,718
3,546
3,177
3,672
2,974
118,686
129,135
141,046
106,000
145,595
155,426
159,628
121,900
170,700
175,900
182,200
188,600
199,300
212,300
223,000
233,200
245,900
254,900
268,400
268,400254,900245,900233,200223,000212,300199,300188,600182,200175,900170,700121,900159,628155,426145,595106,000141,046129,135118,6862,9743,6723,1773,5463,7183,6803,4353,4173,3623,3753,2973,5683,6533,4183,5493,1203,0852,8633,0393,5503,7013,7943,0453,0483,4083,63303,4563,4182,8272,7392,6262,8383,3233,5313,6114,7597,9888,5539,85710,20910,23315,11115,66515,07415,51015,79617,09418,00018,63424,621019,33719,63623,185023,28721,464040,08629,33936,85581,083
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,596,400
2,534,000
3,050,562
25,191
24,154
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000024,15425,1913,050,5622,534,0002,596,40000000000000000000000000000000000000000000000000000000
       Accounts payable 
147,578
117,132
59,211
0
148,055
132,929
74,443
174,035
191,144
157,982
66,039
267,367
374,470
299,131
111,600
418,193
375,151
268,250
86,872
384,493
271,017
175,406
37,878
181,271
174,841
171,103
74,762
216,477
217,451
200,028
135,381
324,444
283,698
236,802
194,684
488,265
313,098
280,046
227,547
547,691
481,532
344,418
581,783
625,053
644,795
461,654
758,422
697,569
697,391
462,152
702,198
640,716
628,747
448,608
694,364
744,835
736,405
619,409
850,235
945,282
1,015,986
731,064
280,605
961,403
965,865
724,594
574,700
709,086
915,486
785,536
591,900
1,045,800
1,105,800
1,060,500
1,197,100
1,153,600
1,360,800
1,333,000
1,533,600
1,501,900
1,579,100
1,305,400
1,305,4001,579,1001,501,9001,533,6001,333,0001,360,8001,153,6001,197,1001,060,5001,105,8001,045,800591,900785,536915,486709,086574,700724,594965,865961,403280,605731,0641,015,986945,282850,235619,409736,405744,835694,364448,608628,747640,716702,198462,152697,391697,569758,422461,654644,795625,053581,783344,418481,532547,691227,547280,046313,098488,265194,684236,802283,698324,444135,381200,028217,451216,47774,762171,103174,841181,27137,878175,406271,017384,49386,872268,250375,151418,193111,600299,131374,470267,36766,039157,982191,144174,03574,443132,929148,055059,211117,132147,578
       Other Current Liabilities 
0
0
75,569
146,132
31,305
12,615
119,109
39,825
12,566
12,139
127,518
40,357
23,476
29,227
247,400
27,880
27,019
24,657
200,123
16,855
18,523
23,205
145,740
23,891
20,231
18,692
144,151
18,681
18,616
17,724
172,106
16,247
15,143
18,058
256,051
17,752
28,288
15,637
219,802
35,964
34,773
35,465
299,135
21,979
28,953
28,778
336,408
44,310
47,676
46,286
357,602
37,130
37,854
36,124
388,559
28,784
27,744
27,460
483,016
48,991
45,748
46,823
514,528
58,613
55,343
56,654
512,645
59,287
49,007
44,120
576,092
113,800
57,700
56,500
855,345
123,800
77,300
101,800
91,000
775,332
72,100
76,900
76,90072,100775,33291,000101,80077,300123,800855,34556,50057,700113,800576,09244,12049,00759,287512,64556,65455,34358,613514,52846,82345,74848,991483,01627,46027,74428,784388,55936,12437,85437,130357,60246,28647,67644,310336,40828,77828,95321,979299,13535,46534,77335,964219,80215,63728,28817,752256,05118,05815,14316,247172,10617,72418,61618,681144,15118,69220,23123,891145,74023,20518,52316,855200,12324,65727,01927,880247,40029,22723,47640,357127,51812,13912,56639,825119,10912,61531,305146,13275,56900
   > Long-term Liabilities 
913,625
968,254
925,676
1,028,753
1,081,504
1,046,299
1,028,651
1,020,877
1,039,078
1,039,112
1,024,336
1,064,235
2,095,278
2,109,217
2,019,200
2,010,175
2,141,373
2,172,841
2,131,141
1,949,237
2,022,227
1,916,059
1,782,026
1,713,975
1,698,247
1,623,958
1,603,316
1,601,206
1,595,173
1,477,742
1,550,455
1,651,432
1,734,893
1,703,935
1,705,272
1,857,228
2,050,404
2,053,356
1,976,672
2,240,441
2,456,534
2,621,404
2,488,644
2,799,128
3,176,627
3,425,644
3,441,819
3,661,497
3,951,213
4,126,754
4,023,353
4,243,469
4,543,123
4,546,580
4,630,643
4,783,923
5,285,103
4,807,638
4,897,628
5,219,476
5,927,286
6,301,003
6,288,906
7,658,025
8,199,081
8,601,316
6,823,700
7,823,817
7,549,266
7,305,911
5,247,100
7,203,900
7,977,400
8,548,400
8,781,700
9,439,100
10,200,800
10,661,700
10,863,500
11,634,300
12,672,200
13,224,500
13,224,50012,672,20011,634,30010,863,50010,661,70010,200,8009,439,1008,781,7008,548,4007,977,4007,203,9005,247,1007,305,9117,549,2667,823,8176,823,7008,601,3168,199,0817,658,0256,288,9066,301,0035,927,2865,219,4764,897,6284,807,6385,285,1034,783,9234,630,6434,546,5804,543,1234,243,4694,023,3534,126,7543,951,2133,661,4973,441,8193,425,6443,176,6272,799,1282,488,6442,621,4042,456,5342,240,4411,976,6722,053,3562,050,4041,857,2281,705,2721,703,9351,734,8931,651,4321,550,4551,477,7421,595,1731,601,2061,603,3161,623,9581,698,2471,713,9751,782,0261,916,0592,022,2271,949,2372,131,1412,172,8412,141,3732,010,1752,019,2002,109,2172,095,2781,064,2351,024,3361,039,1121,039,0781,020,8771,028,6511,046,2991,081,5041,028,753925,676968,254913,625
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,043,700
1,049,800
1,262,522
10,036
6,978
1,000,846
1,090,835
1,031,800
3,145,452
1,108,000
1,217,000
1,199,600
1,220,600
1,325,300
1,243,900
1,244,500
1,158,200
1,160,000
1,639,400
1,709,100
1,802,500
1,795,000
1,894,700
1,968,000
2,029,400
0
2,176,100
0
0
002,176,10002,029,4001,968,0001,894,7001,795,0001,802,5001,709,1001,639,4001,160,0001,158,2001,244,5001,243,9001,325,3001,220,6001,199,6001,217,0001,108,0003,145,4521,031,8001,090,8351,000,8466,97810,0361,262,5221,049,8001,043,70000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
252,409
251,049
234,353
213,913
226,134
217,281
228,483
261,228
409,189
445,742
471,213
473,824
771,081
792,060
793,400
839,235
907,220
877,727
873,282
1,013,484
872,193
799,775
778,268
847,381
812,691
784,101
768,038
792,754
812,351
800,272
803,606
828,588
851,095
861,154
902,935
907,720
975,778
1,025,730
1,057,189
1,110,315
1,189,809
1,301,960
1,386,991
1,484,268
1,537,047
1,620,160
1,714,431
1,874,746
1,936,803
2,034,323
2,163,442
2,244,817
2,265,884
2,400,910
2,547,422
2,740,524
2,815,753
3,528,904
3,479,285
3,592,781
3,555,126
3,654,928
3,621,352
3,715,616
3,734,584
3,787,568
2,972,200
3,936,043
4,037,059
4,293,935
3,268,700
4,713,300
4,752,500
4,936,300
5,033,700
5,288,100
5,346,400
5,729,300
6,008,000
6,460,400
6,495,100
6,891,200
6,891,2006,495,1006,460,4006,008,0005,729,3005,346,4005,288,1005,033,7004,936,3004,752,5004,713,3003,268,7004,293,9354,037,0593,936,0432,972,2003,787,5683,734,5843,715,6163,621,3523,654,9283,555,1263,592,7813,479,2853,528,9042,815,7532,740,5242,547,4222,400,9102,265,8842,244,8172,163,4422,034,3231,936,8031,874,7461,714,4311,620,1601,537,0471,484,2681,386,9911,301,9601,189,8091,110,3151,057,1891,025,730975,778907,720902,935861,154851,095828,588803,606800,272812,351792,754768,038784,101812,691847,381778,268799,775872,1931,013,484873,282877,727907,220839,235793,400792,060771,081473,824471,213445,742409,189261,228228,483217,281226,134213,913234,353251,049252,409
   Common Stock
55,299
59,478
55,121
59,400
60,032
61,381
62,227
57,368
71,148
71,940
73,701
75,857
106,501
109,649
112,000
113,960
116,598
111,754
111,466
111,442
91,314
81,001
81,822
92,390
90,957
88,347
84,894
86,810
88,746
87,512
92,313
90,752
89,089
86,838
90,017
86,876
88,882
87,347
85,659
84,272
88,615
91,218
93,038
93,496
88,457
83,321
85,297
86,280
85,322
78,758
80,815
73,070
67,527
69,122
64,523
65,585
65,925
70,632
68,707
65,541
63,412
65,447
64,526
60,680
64,374
59,402
45,400
59,550
58,317
61,796
45,100
81,800
81,800
81,800
81,800
81,800
81,800
81,800
81,800
81,800
81,800
81,800
81,80081,80081,80081,80081,80081,80081,80081,80081,80081,80081,80045,10061,79658,31759,55045,40059,40264,37460,68064,52665,44763,41265,54168,70770,63265,92565,58564,52369,12267,52773,07080,81578,75885,32286,28085,29783,32188,45793,49693,03891,21888,61584,27285,65987,34788,88286,87690,01786,83889,08990,75292,31387,51288,74686,81084,89488,34790,95792,39081,82281,00191,314111,442111,466111,754116,598113,960112,000109,649106,50175,85773,70171,94071,14857,36862,22761,38160,03259,40055,12159,47855,299
   Retained Earnings 
28,159
9,852
-711
-31,704
0
0
-7,253
0
0
239,740
265,251
0
0
570,409
571,200
617,013
685,040
672,314
690,811
854,650
682,416
600,588
570,828
653,914
620,909
588,555
566,626
594,644
615,762
606,415
614,473
637,236
656,163
662,040
710,367
707,261
784,994
828,608
854,116
901,083
1,012,579
1,138,163
1,243,312
1,346,138
1,349,894
1,383,004
1,497,563
1,675,820
1,867,835
1,850,032
2,018,910
1,976,454
1,906,634
2,092,922
2,180,069
2,404,053
2,498,018
3,453,601
3,472,951
3,580,566
3,618,030
3,972,720
4,077,431
4,107,790
4,503,586
3,545,513
2,750,300
3,782,447
3,754,396
4,199,666
3,211,800
4,958,700
5,108,000
5,419,000
5,677,100
6,065,200
6,279,300
6,636,100
6,925,300
7,363,700
7,499,800
7,850,700
7,850,7007,499,8007,363,7006,925,3006,636,1006,279,3006,065,2005,677,1005,419,0005,108,0004,958,7003,211,8004,199,6663,754,3963,782,4472,750,3003,545,5134,503,5864,107,7904,077,4313,972,7203,618,0303,580,5663,472,9513,453,6012,498,0182,404,0532,180,0692,092,9221,906,6341,976,4542,018,9101,850,0321,867,8351,675,8201,497,5631,383,0041,349,8941,346,1381,243,3121,138,1631,012,579901,083854,116828,608784,994707,261710,367662,040656,163637,236614,473606,415615,762594,644566,626588,555620,909653,914570,828600,588682,416854,650690,811672,314685,040617,013571,200570,40900265,251239,74000-7,25300-31,704-7119,85228,159
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
168,951
181,719
179,943
186,218
166,102
155,900
173,510
203,860
338,041
134,062
132,261
397,967
664,580
112,003
110,200
108,262
105,583
93,659
71,005
47,392
98,463
118,186
125,618
101,078
100,826
107,199
116,518
111,299
107,843
106,344
96,820
100,599
105,843
112,277
102,551
113,583
101,901
109,776
117,414
124,960
88,615
72,579
50,641
44,635
98,695
153,835
131,571
112,647
-16,355
105,533
63,717
195,293
291,722
238,866
302,830
270,885
251,810
4,671
-62,373
-53,326
-126,315
-383,238
-520,606
-452,854
-833,376
182,653
176,500
94,046
224,346
32,474
11,800
-327,200
-437,300
-564,500
-725,200
-858,900
-1,014,700
-988,600
-999,100
-985,100
-1,086,500
-838,200
-838,200-1,086,500-985,100-999,100-988,600-1,014,700-858,900-725,200-564,500-437,300-327,20011,80032,474224,34694,046176,500182,653-833,376-452,854-520,606-383,238-126,315-53,326-62,3734,671251,810270,885302,830238,866291,722195,29363,717105,533-16,355112,647131,571153,83598,69544,63550,64172,57988,615124,960117,414109,776101,901113,583102,551112,277105,843100,59996,820106,344107,843111,299116,518107,199100,826101,078125,618118,18698,46347,39271,00593,659105,583108,262110,200112,003664,580397,967132,261134,062338,041203,860173,510155,900166,102186,218179,943181,719168,951



Balance Sheet

Currency in GBP. All numbers in thousands.




Cash Flow

Currency in GBP. All numbers in thousands.




Income Statement

Currency in GBP. All numbers in thousands.


Latest Income Statement (annual, 2023-04-30)

Gross Profit (+$)
totalRevenue9,667,300
Cost of Revenue-1,109,100
Gross Profit8,558,2008,558,200
 
Operating Income (+$)
Gross Profit8,558,200
Operating Expense-5,593,900
Operating Income2,522,0002,964,300
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense5,593,9000
 
Net Interest Income (+$)
Interest Income2,600
Interest Expense-361,600
Other Finance Cost-7,200
Net Interest Income-366,200
 
Pretax Income (+$)
Operating Income2,522,000
Net Interest Income-366,200
Other Non-Operating Income Expenses-
Income Before Tax (EBT)2,155,8002,798,741
EBIT - interestExpense = 2,598,100
2,155,800
1,979,300
Interest Expense361,600
Earnings Before Interest and Taxes (EBIT)2,959,7002,517,400
Earnings Before Interest and Taxes (EBITDA)4,849,500
 
After tax Income (+$)
Income Before Tax2,155,800
Tax Provision-538,100
Net Income From Continuing Ops1,617,7001,617,700
Net Income1,617,700
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses6,703,000
Total Other Income/Expenses Net-276,741366,200
 

Technical Analysis of Ashtead Gro
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Ashtead Gro. The general trend of Ashtead Gro is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ashtead Gro's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Ashtead Gro.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 297.24.

The bearish price targets are: 260.01 > 258.24 > 256.58.

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Ashtead Gro Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Ashtead Gro. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Ashtead Gro Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Ashtead Gro. The current macd is 3.59148003.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ashtead Gro price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Ashtead Gro. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Ashtead Gro price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Ashtead Gro Daily Moving Average Convergence/Divergence (MACD) ChartAshtead Gro Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Ashtead Gro. The current adx is 20.04.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Ashtead Gro shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Ashtead Gro Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Ashtead Gro. The current sar is 264.76.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Ashtead Gro Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Ashtead Gro. The current rsi is 62.93. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Ashtead Gro Daily Relative Strength Index (RSI) ChartAshtead Gro Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Ashtead Gro. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ashtead Gro price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Ashtead Gro Daily Stochastic Oscillator ChartAshtead Gro Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Ashtead Gro. The current cci is 63.18.

Ashtead Gro Daily Commodity Channel Index (CCI) ChartAshtead Gro Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Ashtead Gro. The current cmo is 38.18.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Ashtead Gro Daily Chande Momentum Oscillator (CMO) ChartAshtead Gro Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Ashtead Gro. The current willr is -3.15900316.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Ashtead Gro Daily Williams %R ChartAshtead Gro Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Ashtead Gro.

Ashtead Gro Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Ashtead Gro. The current atr is 5.94704118.

Ashtead Gro Daily Average True Range (ATR) ChartAshtead Gro Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Ashtead Gro. The current obv is -187,870.

Ashtead Gro Daily On-Balance Volume (OBV) ChartAshtead Gro Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Ashtead Gro. The current mfi is 77.27.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Ashtead Gro Daily Money Flow Index (MFI) ChartAshtead Gro Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Ashtead Gro.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Ashtead Gro Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Ashtead Gro based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.933
Ma 20Greater thanMa 50276.258
Ma 50Greater thanMa 100270.430
Ma 100Greater thanMa 200262.781
OpenGreater thanClose284.870
Total3/5 (60.0%)
Penke

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