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Delayed Quote. Delayed London Stock Exchange - 05/22 05:44:54 am
1185 GBp   -0.34%
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Analysis summary4-Traders Strategies 

Ashtead Group plc : The bullish trend is not over

02/13/2013 | 04:16am
Opinion : Bullish above GBp 475
Target price : GBp 515
Stop loss: GBp 459
Business Support Services

Ashtead Group has still an uptrend and is going toward its highest level.

The company’s fundamentals are still strong. Sales are up 14% for one year. Analysts from Thomson Reuters consensus have revised largely upward their EPS estimates.

Technically, the security shows a bullish configuration on all time scales. Prices are supported by increasing moving averages. In daily data, 20-day moving average helps the stock to keep its uptrend.

According to both technical and fundamental elements, it seems opportune to take a long position at the current price. The bullish trend should allow the security to reach new highs. The target is set at GBp 515. A stop loss will be placed under the GBp 461.1 short term support to avoid a downtrend.

Ashtead Group plc : Ashtead Group plc : The bullish trend is not over

© 2013

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Financial Ratios

Size 2015e 2016e
Capitalization 5 985 M GBP -
Entreprise Value (EV) 7 588 M GBP 7 766 M GBP
Valuation 2015e 2016e
PER (Price / EPS) 19,6x 15,2x
Capitalization / Revenue 2,98x 2,46x
EV / Revenue 3,77x 3,19x
EV / EBITDA 8,43x 6,87x
Yield (DPS / Price) 1,22% 1,52%
Price to book (Price / BVPS) 5,41x 4,12x
Profitability 2015e 2016e
Operating Margin (EBIT / Sales) 27,3% 29,0%
operating Leverage (Delta EBIT / Delta Sales) 1,49x 1,34x
Net Margin (Net Profit / Revenue) 15,0% 16,0%
ROA (Net Profit / Asset) 99,0% 98,0%
ROE (Net Profit / Equities) 32,4% 30,9%
Rate of Dividend 23,8% 23,2%
Balance Sheet Analysis 2015e 2016e
CAPEX / Sales   45,3% 35,5%
Cash Flow / Sales (Taux d'autofinancement) 38,0% 36,7%
Capital Intensity (Assets / Sales) 0,15x 0,16x
Financial Leverage (Net Debt / EBITDA) 1,78x 1,58x
Income Statement Evolution
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EPS Revisions
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