Company Valuation: Ashmore Group Plc

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,542 1,464 1,372 1,129 1,026 1,399 - -
Change - -42.42% -6.25% -17.75% -9.08% 36.33% - -
Enterprise Value (EV) 1 2,086 911.9 893.8 623.4 682.2 1,119 1,168 1,204
Change - -56.29% -1.98% -30.26% 9.43% 64.09% 4.31% 3.14%
P/E 11.2x 17.6x 17.1x 12.6x 13.3x 14.5x 22.5x 20.2x
PBR 2.79x 1.54x 1.53x 1.28x 1.3x 1.76x 1.81x 1.86x
PEG - -0.3x -4.69x 1.1x -1x 0.6x -0.6x 1.8x
Capitalization / Revenue 8.72x 5.58x 6.99x 5.96x 7.12x 9.99x 8.78x 7.89x
EV / Revenue 7.15x 3.47x 4.55x 3.29x 4.73x 7.99x 7.33x 6.79x
EV / EBITDA 10.7x 5.55x 8.42x 8x 13x 23.9x 19x 16.4x
EV / EBIT 10.8x 5.66x 8.68x 8.33x 13.8x 25.8x 20.4x 17.7x
EV / FCF 14x 5.81x 8.59x 7.06x 14.1x 10.6x 16.8x 15x
FCF Yield 7.12% 17.2% 11.6% 14.2% 7.09% 9.48% 5.97% 6.67%
Dividend per Share 2 0.169 0.169 0.169 0.169 0.169 0.169 0.169 0.169
Rate of return 4.39% 7.62% 8.13% 9.94% 10.8% 7.85% 7.85% 7.85%
EPS 2 0.3423 0.1261 0.1215 0.1355 0.1177 0.1487 0.0958 0.1065
Distribution rate 49.4% 134% 139% 125% 144% 114% 176% 159%
Net sales 1 291.7 262.5 196.4 189.3 144.1 140.1 159.3 177.2
EBITDA 1 195.7 164.3 106.2 77.9 52.5 46.92 61.59 73.36
EBIT 1 192.9 161.2 103 74.8 49.4 43.43 57.3 68.02
Net income 1 240.1 88.5 83.3 93.7 81.2 101.4 65.21 72.66
Net Debt 1 -456.1 -552 -478.6 -505.4 -344.1 -279.8 -231.6 -194.9
Reference price 2 3.850 2.218 2.080 1.701 1.565 2.152 2.152 2.152
Nbr of stocks (in thousands) 660,311 659,991 659,804 663,586 655,765 650,150 - -
Announcement Date 9/3/21 9/2/22 9/6/23 9/5/24 9/5/25 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.68x7.18x13.92x4.18% 95.86B
26.52x10.83x16.32x0.81% 87.01B
20.24x - - 4.5% 27.16B
12.08x4.72x9.27x5.33% 20.44B
16.92x1.88x6.7x4.01% 17.06B
14.09x4.22x11.71x3.17% 15.89B
11.96x9.23x - 10.3% 13.38B
37x20.51x29.5x2.16% 12.31B
Average 19.94x 8.37x 14.57x 4.31% 36.14B
Weighted average by Cap. 21.49x 8.41x 14.51x 3.41%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield