What is Ashtead Group PLC?
Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business under the Sunbelt Rentals brand name in the United States, the United Kingdom, and Canada.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business under the Sunbelt Rentals brand name in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, structures and fencing, trench shoring, and lifting solutions. The company is listed on the LSE in UK, operating in the Industrials sector, with a market capitalisation of 22.03B, and a P/E ratio of 21.6x.
A short list of Rental & Leasing Services names that are close enough in size to make side-by-side comparison useful.