Ashtead Technology Holdings PLC (AT) - Net Assets
Based on the latest financial reports, Ashtead Technology Holdings PLC (AT) has net assets worth GBX157.09 Million GBX (≈ $19.11K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX323.27 Million ≈ $39.33K USD) and total liabilities (GBX166.19 Million ≈ $20.22K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Ashtead Technology Holdings PLC (AT) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX157.09 Million |
| % of Total Assets | 48.59% |
| Annual Growth Rate | 24.25% |
| 5-Year Change | 156.97% |
| 10-Year Change | N/A |
| Growth Volatility | 15.56 |
Ashtead Technology Holdings PLC - Net Assets Trend (2017–2025)
This chart illustrates how Ashtead Technology Holdings PLC's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see AT stock market capitalisation.
Annual Net Assets for Ashtead Technology Holdings PLC (2017–2025)
The table below shows the annual net assets of Ashtead Technology Holdings PLC from 2017 to 2025. Also explore Ashtead Technology Holdings PLC (AT) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX157.09 Million ≈ $19.11K |
+23.37% |
| 2024-12-31 | GBX127.33 Million ≈ $15.49K |
+30.48% |
| 2023-12-31 | GBX97.59 Million ≈ $11.87K |
+28.74% |
| 2022-12-31 | GBX75.80 Million ≈ $9.22K |
+24.00% |
| 2021-12-31 | GBX61.13 Million ≈ $7.44K |
+36.81% |
| 2020-12-31 | GBX44.68 Million ≈ $5.44K |
-3.18% |
| 2019-12-31 | GBX46.15 Million ≈ $5.62K |
+9.84% |
| 2018-12-31 | GBX42.02 Million ≈ $5.11K |
+51.93% |
| 2017-12-31 | GBX27.66 Million ≈ $3.36K |
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Equity Component Analysis
This analysis shows how different components contribute to Ashtead Technology Holdings PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 14163900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX141.64 Million | 90.17% |
| Common Stock | GBX4.03 Million | 2.57% |
| Other Comprehensive Income | GBX-2.70 Million | -1.72% |
| Other Components | GBX14.12 Million | 8.99% |
| Total Equity | GBX157.09 Million | 100.00% |
Ashtead Technology Holdings PLC Competitors by Market Cap
The table below lists competitors of Ashtead Technology Holdings PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pembroke VCT PLC
LSE:PEMB
|
$3.33 Million |
|
Weaccess Group SA
PA:MLWEA
|
$3.33 Million |
|
Madhav Marbles and Granites Limited
NSE:MADHAV
|
$3.33 Million |
|
PreveCeutical Medical Inc
F:18H
|
$3.34 Million |
|
Dolphin International Bhd
KLSE:5265
|
$3.33 Million |
|
HCW Biologics Inc
NASDAQ:HCWB
|
$3.32 Million |
|
Aurora Investment Trust plc
LSE:ARR
|
$3.32 Million |
|
Axilion Smart Mobility Ltd
TA:AILN
|
$3.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ashtead Technology Holdings PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 127,328,000 to 157,088,000, a change of 29,760,000 (23.4%).
- Net income of 32,214,000 contributed positively to equity growth.
- Dividend payments of 965,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,697,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX32.21 Million | +20.51% |
| Dividends Paid | GBX965.00K | -0.61% |
| Other Comprehensive Income | GBX-2.70 Million | -1.72% |
| Other Changes | GBX1.21 Million | +0.77% |
| Total Change | GBX- | 23.37% |
Book Value vs Market Value Analysis
This analysis compares Ashtead Technology Holdings PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 176.03x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 643.97x to 176.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | GBX0.53 | GBX340.00 | x |
| 2019-12-31 | GBX0.58 | GBX340.00 | x |
| 2020-12-31 | GBX0.56 | GBX340.00 | x |
| 2021-12-31 | GBX0.86 | GBX340.00 | x |
| 2022-12-31 | GBX0.93 | GBX340.00 | x |
| 2023-12-31 | GBX1.21 | GBX340.00 | x |
| 2024-12-31 | GBX1.57 | GBX340.00 | x |
| 2025-12-31 | GBX1.93 | GBX340.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ashtead Technology Holdings PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.85%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.06x
- Recent ROE (20.51%) is above the historical average (12.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 6.26% | 6.97% | 0.47x | 1.89x | GBX-1.57 Million |
| 2019 | 10.91% | 10.54% | 0.45x | 2.31x | GBX419.70K |
| 2020 | -2.23% | -2.35% | 0.43x | 2.23x | GBX-5.47 Million |
| 2021 | 4.14% | 4.53% | 0.56x | 1.62x | GBX-3.58 Million |
| 2022 | 16.51% | 16.92% | 0.53x | 1.83x | GBX4.88 Million |
| 2023 | 22.11% | 19.53% | 0.52x | 2.19x | GBX11.82 Million |
| 2024 | 22.60% | 17.13% | 0.54x | 2.46x | GBX16.05 Million |
| 2025 | 20.51% | 15.85% | 0.63x | 2.06x | GBX16.51 Million |
Industry Comparison
This section compares Ashtead Technology Holdings PLC's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $236,562,587
- Average return on equity (ROE) among peers: -17.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ashtead Technology Holdings PLC (AT) | GBX157.09 Million | 6.26% | 1.06x | $3.33 Million |
| Gulf Marine Services PLC (GMS) | $421.31 Million | -4.41% | 1.06x | $2.57 Million |
| Getech Group (GTC) | $9.38 Million | -30.15% | 0.36x | $73.40K |
| Hunting PLC (HTG) | $957.10 Million | 12.23% | 0.28x | $6.78 Million |
| Enteq Upstream (NTQ) | $24.50 Million | -19.35% | 0.06x | $6.19K |
| Tan Delta Systems PLC (TAND) | $2.25 Million | -70.08% | 0.15x | $249.46K |
| Thalassa Holdings Ltd (THAL) | $4.84 Million | 7.32% | 0.11x | $47.62K |
About Ashtead Technology Holdings PLC
Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East. The company offers survey and robotics equipment comprising geophysical, hydrographic, metocean, land surveying, positioning, ROV sensors, ROV and diver tooling, non-destructive testing, subsea inspection, remote visual inspectio… Read more