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 1,342 - -
Change - -42.42% -6.25% -17.75% -9.08% 30.76% - -
Enterprise Value (EV) 1 2,086 911.9 893.8 623.4 682.2 1,066 1,074 1,111
Change - -56.29% -1.98% -30.26% 9.43% 56.29% 0.71% 3.5%
P/E 11.2x 17.6x 17.1x 12.6x 13.3x 14x 22x 19.5x
PBR 2.79x 1.54x 1.53x 1.28x 1.3x 1.75x 1.81x 1.87x
PEG - -0.3x -4.69x 1.1x -1x 0.6x -0.6x 1.5x
Capitalization / Revenue 8.72x 5.58x 6.99x 5.96x 7.12x 9.64x 8.4x 7.5x
EV / Revenue 7.15x 3.47x 4.55x 3.29x 4.73x 7.66x 6.72x 6.21x
EV / EBITDA 10.7x 5.55x 8.42x 8x 13x 23.7x 17.3x 14.9x
EV / EBIT 10.8x 5.66x 8.68x 8.33x 13.8x 25.9x 18.5x 16x
EV / FCF 14x 5.81x 8.59x 7.06x 14.1x 9.87x 14.8x 13.3x
FCF Yield 7.12% 17.2% 11.6% 14.2% 7.09% 10.1% 6.77% 7.51%
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% 8.19% 8.19% 8.19%
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 2.064 2.064 2.064
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.($)
14x7.66x23.68x8.19% 1.81B
21.23x7.39x14.17x4.04% 102B
19.91x13.45x23.94x0.77% 91.06B
22.11x - - 4.24% 28.89B
12.06x4.72x9.37x5.17% 21.88B
18.4x1.84x6.53x3.87% 17.2B
14.69x4.73x12.95x3.06% 16.57B
13.64x9.32x - 10.23% 13.47B
35.56x20.31x27.82x - 12.57B
Average 19.07x 8.68x 16.92x 4.95% 33.96B
Weighted average by Cap. 19.96x 9.35x 17.29x 3.37%

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

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