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 1,460 - -
Change - -42.42% -6.25% -17.75% -9.08% 42.29% - -
Enterprise Value (EV) 1 2,086 911.9 893.8 623.4 682.2 1,185 1,192 1,230
Change - -56.29% -1.98% -30.26% 9.43% 73.64% 0.64% 3.15%
P/E 11.2x 17.6x 17.1x 12.6x 13.3x 15.2x 23.9x 21.3x
PBR 2.79x 1.54x 1.53x 1.28x 1.3x 1.91x 1.97x 2.03x
PEG - -0.3x -4.69x 1.1x -1x 0.6x -0.7x 1.7x
Capitalization / Revenue 8.72x 5.58x 6.99x 5.96x 7.12x 10.5x 9.14x 8.16x
EV / Revenue 7.15x 3.47x 4.55x 3.29x 4.73x 8.51x 7.46x 6.87x
EV / EBITDA 10.7x 5.55x 8.42x 8x 13x 26.3x 19.2x 16.5x
EV / EBIT 10.8x 5.66x 8.68x 8.33x 13.8x 28.8x 20.6x 17.7x
EV / FCF 14x 5.81x 8.59x 7.06x 14.1x 11x 16.4x 14.7x
FCF Yield 7.12% 17.2% 11.6% 14.2% 7.09% 9.12% 6.09% 6.79%
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% 7.52% 7.52% 7.52%
EPS 2 0.3423 0.1261 0.1215 0.1355 0.1177 0.1474 0.0938 0.1056
Distribution rate 49.4% 134% 139% 125% 144% 115% 180% 160%
Net sales 1 291.7 262.5 196.4 189.3 144.1 139.2 159.8 178.9
EBITDA 1 195.7 164.3 106.2 77.9 52.5 45.03 62.1 74.47
EBIT 1 192.9 161.2 103 74.8 49.4 41.16 57.89 69.34
Net income 1 240.1 88.5 83.3 93.7 81.2 100.5 63.85 72
Net Debt 1 -456.1 -552 -478.6 -505.4 -344.1 -275.7 -268.1 -230.6
Reference price 2 3.850 2.218 2.080 1.701 1.565 2.246 2.246 2.246
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.($)
22.17x7.69x14.76x3.87% 107B
20.09x13.61x24.12x0.76% 92.79B
23.6x - - 3.92% 31.16B
12.13x4.99x9.86x4.93% 22.56B
17.94x1.83x7.01x3.88% 17.27B
11.98x4.61x10.5x2.87% 17.27B
14.94x9.51x - 9.79% 14.09B
34.27x19.55x26.85x - 12.17B
Average 19.64x 8.83x 15.52x 4.29% 39.26B
Weighted average by Cap. 20.33x 9.47x 17.35x 3.22%

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