Ashtead Gro Financials
| ASHTY Stock | USD 323.88 2.56 0.78% |
Ashtead |
Understanding current and past Ashtead Gro Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ashtead Gro's financial statements are interrelated, with each one affecting the others. For example, an increase in Ashtead Gro's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Ashtead Gro's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ashtead Gro. Check Ashtead Gro's Beneish M Score to see the likelihood of Ashtead Gro's management manipulating its earnings.
Ashtead Gro Stock Summary
Ashtead Gro competes with BOC Aviation, Black Diamond, Alta Equipment, Ashtead Group, and Solution Financial. 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. Ashtead Group is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US0450551009 |
| 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 Gro Key Financial Ratios
Ashtead Gro's financial ratios allow both analysts and investors to convert raw data from Ashtead Gro's financial statements into concise, actionable information that can be used to evaluate the performance of Ashtead Gro over time and compare it to other companies across industries.| Return On Equity | 0.29 | |||
| Return On Asset | 0.0895 | |||
| Beta | 1.48 | |||
| Z Score | 3.0 | |||
| Last Dividend Paid | 0.83 |
Ashtead Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ashtead Gro's current stock value. Our valuation model uses many indicators to compare Ashtead Gro value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ashtead Gro competition to find correlations between indicators driving Ashtead Gro's intrinsic value. More Info.Ashtead Gro 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 Gro is roughly 3.28 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ashtead Gro by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ashtead Gro's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Ashtead Gro Systematic Risk
Ashtead Gro's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ashtead Gro 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 twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Ashtead Gro correlated with the market. If Beta is less than 0 Ashtead Gro generally moves in the opposite direction as compared to the market. If Ashtead Gro Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ashtead Gro is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ashtead Gro is generally in the same direction as the market. If Beta > 1 Ashtead Gro moves generally in the same direction as, but more than the movement of the benchmark.
Ashtead Gro December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ashtead Gro help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ashtead Gro. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ashtead Gro 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 Gro's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.46 | |||
| Information Ratio | 0.0596 | |||
| Maximum Drawdown | 7.88 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.96 |
Additional Tools for Ashtead Pink Sheet Analysis
When running Ashtead Gro's price analysis, check to measure Ashtead Gro'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 Gro is operating at the current time. Most of Ashtead Gro's value examination focuses on studying past and present price action to predict the probability of Ashtead Gro'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 Gro's price. Additionally, you may evaluate how the addition of Ashtead Gro to your portfolios can decrease your overall portfolio volatility.