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Sunbelt Rentals HoldingsASHGY +1.17%51 Net Cash per Share is $-35.88 as of Apr. 2026. GuruFocus rates ASHGY with a GF Score™ of 51/100. The stock has 10 warning signs investors should review. Among 257 Business Services companies, Sunbelt Rentals Holdings ranks worse than 389104.67% on this metric.
The historical rank and industry rank for Sunbelt Rentals Holdings's Net Cash per Share or its related term are showing as below:
ASHGY's Price-to-Net-Cash is not ranked *
in the Business Services industry.
Industry Median: 6.61 * Ranked among companies with meaningful Price-to-Net-Cash only.
Sunbelt Rentals Holdings (OTCPK:ASHGY) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Sunbelt Rentals Holdings Net Cash per Share Related Terms
Sunbelt Rentals Holdings Net Cash per Share Historical Data
* 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.
ASHGY vs AER, UHAL, R: Net Cash per Share Comparison
For the Rental & Leasing Services subindustry, Sunbelt Rentals Holdings's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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-Net-Cash vs Business Services Industry
For the Business Services industry and Industrials sector, Sunbelt Rentals Holdings's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Sunbelt Rentals Holdings's Price-to-Net-Cash falls into.
Sunbelt Rentals Holdings Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Sunbelt Rentals Holdings's Net Cash per Share for the fiscal year that ended in Apr. 2026 is calculated as
* 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 (ASHGY) has a Net Cash per Share of $-35.88 as of Apr. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Sunbelt Rentals Holdings and its competitors. According to the industry distribution chart, Sunbelt Rentals Holdings ranks #999999 out of 257 companies in the Business Services industry.
Is Sunbelt Rentals Holdings' Net Cash per Share too high?
Sunbelt Rentals Holdings' current Net Cash per Share is $-35.88. Based on the distribution chart, Sunbelt Rentals Holdings ranks #999999 out of 257 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' Net Cash per Share compare to AER and UHAL?
According to the Business Services industry distribution chart, Sunbelt Rentals Holdings ranks #999999 out of 257 companies for Net Cash per Share. This places Sunbelt Rentals Holdings in the lower half of its industry. The industry median Net Cash per Share is 6.61. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Business Services company?
The median Net Cash per Share among Business Services companies is 6.61, based on 257 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Sunbelt Rentals Holdings and its competitors. For the Business Services industry, the median Net Cash per Share is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunbelt Rentals Holdings's current Net Cash per Share is $-35.88. 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 Net Cash per Share of $-35.88. The current Net Cash per Share is $-35.88. 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 Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Sunbelt Rentals Holdings (ASHGY), the current Net Cash per Share is $-35.88 as of Apr. 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 (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
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