ASHGY (Sunbelt Rentals Holdings) Intrinsic Value: DCF (Earnings Based): $46.96 (As of Aug. 12, 2026) — 3404% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASHGY Sunbelt Rentals Holdings Inc ASHGY
51 GF Score
Price $72.75
! 10 Warning Signs
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What is Sunbelt Rentals Holdings Intrinsic Value: DCF (Earnings Based)?

Sunbelt Rentals Holdings ASHGY +1.17% 51 Intrinsic Value: DCF (Earnings Based) is $46.96 as of Aug. 12, 2026, which is 3404% above its 10-year median of 1.34. GuruFocus rates ASHGY with a GF Score™ of 51/100. The stock has 10 warning signs investors should review. Among 174 Business Services companies, Sunbelt Rentals Holdings ranks worse than 75.86% on this metric.

As of today (2026-08-12), Sunbelt Rentals Holdings's intrinsic value calculated from the Discounted Earnings model is $46.96.

Note: Discounted Earnings model is only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's predictability rank is 1-Star or Not Rated, result may not be accurate due to the low predictability of business and the data will not be stored into our database.

Sunbelt Rentals Holdings's Predictability Rank is 4.5-Stars.

Margin of Safety (Earnings Based) using Discounted Earnings model for Sunbelt Rentals Holdings is -54.92%.

The historical rank and industry rank for Sunbelt Rentals Holdings's Intrinsic Value: DCF (Earnings Based) or its related term are showing as below:

ASHGY' s Price-to-DCF (Earnings Based) Range Over the Past 10 Years
Min: 1.34   Med: 1.34   Max: 1.55
Current: 1.55

During the past 13 years, the highest Price-to-Intrinsic-Value-DCF (Earnings Based) Ratio of Sunbelt Rentals Holdings was 1.55. The lowest was 1.34. And the median was 1.34.

ASHGY's Price-to-DCF (Earnings Based) is ranked worse than
75.86% of 174 companies
in the Business Services industry
Industry Median: 0.85 vs ASHGY: 1.55

Sunbelt Rentals Holdings  (OTCPK:ASHGY) Intrinsic Value: DCF (Earnings Based) Explanation

Unlike valuation methods such as Net Current Asset Value, Tangible Book Value per Share, Graham Number, Median Ratio etc, discounted Cash Flow model evaluates the companies based on their future earnings power instead of their assets.


Be Aware

What you need to know about Discounted Earnings model:

1. The Discounted Earnings model evaluates a company based on its future earnings power
2. Growth is taken into account; therefore a faster growth company is worth more if everything else is the same.
3. Since we are projecting future growth, it is assumed that the company will grow at the same rate as it did during the past 10 years. Therefore this model works better for the companies that are relatively consistent performers.
4. The Discounted Earnings model works poorly for inconsistent performers like cyclicals.
5. Your expected return from the investment is a reasonable discount rate assumption.
6. A larger margin of safety should be required for companies with less predictable businesses.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) with the GuruFocus All-in-One Screener. Companies with a high Predictability Rank that trade at a discount to their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) can be found in the screen of Undervalued Predictable Companies.


Sunbelt Rentals Holdings Intrinsic Value: DCF (Earnings Based) Related Terms


Sunbelt Rentals Holdings Intrinsic Value: DCF (Earnings Based) Historical Data

* Premium members only.

The historical data trend for Sunbelt Rentals Holdings's Intrinsic Value: DCF (Earnings Based) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sunbelt Rentals Holdings Intrinsic Value: DCF (Earnings Based) Chart

Sunbelt Rentals Holdings Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Intrinsic Value: DCF (Earnings Based)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.83 140.07 127.08 106.77 54.20

Sunbelt Rentals Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Intrinsic Value: DCF (Earnings Based) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 106.77 103.08 99.00 0.00 54.20

ASHGY vs AER, UHAL, R: Intrinsic Value: DCF (Earnings Based) Comparison

For the Rental & Leasing Services subindustry, Sunbelt Rentals Holdings's Price-to-DCF (Earnings Based), along with its competitors' market caps and Price-to-DCF (Earnings Based) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sunbelt Rentals Holdings Price-to-DCF (Earnings Based) vs Business Services Industry

For the Business Services industry and Industrials sector, Sunbelt Rentals Holdings's Price-to-DCF (Earnings Based) distribution charts can be found below:

* The bar in red indicates where Sunbelt Rentals Holdings's Price-to-DCF (Earnings Based) falls into.


ASHGY
51GF Score
Sunbelt Rentals Holdings Inc ASHGY
Intrinsic Value: DCF (Earnings Based) is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunbelt Rentals Holdings Intrinsic Value: DCF (Earnings Based) Calculation

This is the intrinsic value calculated from the Discounted Earnings model with default parameters. The calculation method is the same as Discounted Cash Flow model except earnings are used in the calculation instead of free cash flow. This is the default method of calculation with GuruFocus DCF calculator.

Usually a two-stage model is used in calculating the intrinsic value with discounted cash flow model. The first stage is called growth stage; the second is called the terminal stage. In the growth stage the company grows at a faster rate. Because it cannot grow at that rate forever, a lower rate is used for the terminal stage.

GuruFocus DCF calculator is a two-stage model. The default values are defined as:

1. Discount Rate: d = 11%
A reasonable discount rate assumption should be at least the long term average return of the stock market, which can be estimated from risk free rate plus risk premium of stock market. GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate and rounded up to the nearest integer. It is updated daily. The current risk-free rate is 4.68%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default. Then we added a risk premium of 6% to get the estimated discount rate. Some investors use their expected rate of return, which is also reasonable. A typical discount rate can be anywhere between 6% - 20%.

2. Growth Rate in the growth stage: g1 = 12.00%
The Growth Rate in the growth stage is initially set as the default 10-Year EPS without NRI Growth Rate. In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year EPS without NRI Growth Rate. If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year EPS without NRI Growth Rate.
However, it's important to note that there is a growth rate range. If the calculated growth rate exceeds 20%, it will be capped at 20%. Conversely, if the calculated growth rate falls below 5%, it will be adjusted to 5% to maintain a reasonable range.
=> Sunbelt Rentals Holdings's average EPS without NRI Growth Rate in the past 10 years was 12.00%, which is between 5% and 20%. => GuruFocus defaults => Growth Rate: 12.00%

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Years of Terminal Growth: y2 = 10

6. EPS without NRI: eps without nri = $2.568.
GuruFocus DCF calculator is actually a Discounted Earnings calculator, EPS without NRI is used as the default. The reason we are doing this is we found that historically stock prices are more correlated with earnings than free cash flow.

All of the default settings can be changed and the results are calculated automatically.

Sunbelt Rentals Holdings's Intrinsic Value: DCF (Earnings Based) for today is calculated as:

Intrinsic Value: DCF (Earnings Based)=EPS without NRI*{[(1+g1)/(1+d)+(1+g1)^2/(1+d)^2+...+(1+g1)^10/(1+d)^10]
+(1+g1)^10/(1+d)^10*[(1+g2)/(1+d)+(1+g2)^2/(1+d)^2+...+(1+g2)^10/(1+d)^10]}

set x = (1+g1)/(1+d) = (1+0.12)/(1+0.11) = 1.009009009009
and y = (1+g2)/(1+d) = (1+0.04)/(1+0.11) = 0.93693693693694

Intrinsic Value: DCF (Earnings Based)=EPS without NRI*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=EPS without NRI*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=2.568*18.2883
=46.96

Margin of Safety % (DCF Earnings Based)=(Intrinsic Value: DCF (Earnings Based)-Current Price)/Intrinsic Value: DCF (Earnings Based)
=(46.96-72.75)/46.96
=-54.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: DCF (Earnings Based) of $46.96 mean?
Sunbelt Rentals Holdings (ASHGY) has a Intrinsic Value: DCF (Earnings Based) of $46.96 as of Aug. 12, 2026. Intrinsic Value: DCF (Earnings Based) is the stock value based on a two-stage discounted earnings model. View historical data on Sunbelt Rentals Holdings and its competitors. This is 3404% above median its historical median of 1.34. Over the past decade, Sunbelt Rentals Holdings' Intrinsic Value: DCF (Earnings Based) has ranged from 1.34 to 1.55. According to the industry distribution chart, Sunbelt Rentals Holdings ranks #132 out of 174 companies in the Business Services industry, placing it in the top 75.9%.
Is Sunbelt Rentals Holdings' Intrinsic Value: DCF (Earnings Based) too high?
Sunbelt Rentals Holdings' current Intrinsic Value: DCF (Earnings Based) of $46.96 is 3404% above median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 1.55. The Business Services industry median Intrinsic Value: DCF (Earnings Based) is 0.85. Sunbelt Rentals Holdings' value of $46.96 is 5424.7% above this industry median. Based on the distribution chart, Sunbelt Rentals Holdings ranks #132 out of 174 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Sunbelt Rentals Holdings has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Sunbelt Rentals Holdings' Intrinsic Value: DCF (Earnings Based) compare to AER and UHAL?
According to the Business Services industry distribution chart, Sunbelt Rentals Holdings ranks #132 out of 174 companies for Intrinsic Value: DCF (Earnings Based). This places Sunbelt Rentals Holdings in the lower half of its industry. The industry median Intrinsic Value: DCF (Earnings Based) is 0.85. Sunbelt Rentals Holdings' value of $46.96 is 5424.7% above this benchmark. Historically, Sunbelt Rentals Holdings' own Intrinsic Value: DCF (Earnings Based) has ranged from 1.34 to 1.55 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 0.85, Sunbelt Rentals Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: DCF (Earnings Based) for a Business Services company?
The median Intrinsic Value: DCF (Earnings Based) among Business Services companies is 0.85, based on 174 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: DCF (Earnings Based) significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: DCF (Earnings Based) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sunbelt Rentals Holdings's current Intrinsic Value: DCF (Earnings Based) of $46.96 is 5424.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: DCF (Earnings Based) mean?
A high Intrinsic Value: DCF (Earnings Based) can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: DCF (Earnings Based) is the stock value based on a two-stage discounted earnings model. View historical data on Sunbelt Rentals Holdings and its competitors. For the Business Services industry, the median Intrinsic Value: DCF (Earnings Based) is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunbelt Rentals Holdings's current Intrinsic Value: DCF (Earnings Based) is $46.96, which is 3404% above median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunbelt Rentals Holdings stock overvalued right now?
Sunbelt Rentals Holdings (ASHGY) has a current Intrinsic Value: DCF (Earnings Based) of $46.96. The current Intrinsic Value: DCF (Earnings Based) is $46.96, which is 3404% above median its 10-year median of 1.34 and 5424.7% above the Business Services industry median of 0.85. Sunbelt Rentals Holdings' overall GF Score™ is 51/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: DCF (Earnings Based) calculated?
Intrinsic Value: DCF (Earnings Based) is calculated from a company's financial statements. For Sunbelt Rentals Holdings (ASHGY), the current Intrinsic Value: DCF (Earnings Based) is $46.96 as of Aug. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sunbelt Rentals Holdings Business Description

Address 100 Cheapside, London, GBR, EC2V 6DT
Sunbelt Rentals (formerly UK-based Ashtead Group) is the number two equipment rental company in the US (11% market share), with a smaller presence in Canada and the UK. Sunbelt operates a rental fleet of just over $15 billion across a network of 1,200 stores in the US, nearly CAD 2 billion of fleet and 135 stores in Canada, and GBP 1.1 billion and 190 stores in the UK. The company has experienced rapid growth over the past decade as its customers increasingly turn to rental versus owning equipment outright. The general tool business has been augmented by the Specialty Rental business, which has grown to 30% of the mix. Revenue is now greater than 50% nonconstruction, with the remainder focused more directly on commercial construction.
51GF Score

Get the complete analysis for ASHGY

Intrinsic Value: DCF (Earnings Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$72.75
Price