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 1,482 - -
Change - -42.42% -6.25% -17.75% -9.08% 44.44% - -
Enterprise Value (EV) 1 2,086 911.9 893.8 623.4 682.2 1,207 1,214 1,252
Change - -56.29% -1.98% -30.26% 9.43% 76.88% 0.63% 3.09%
P/E 11.2x 17.6x 17.1x 12.6x 13.3x 15.5x 24.3x 21.6x
PBR 2.79x 1.54x 1.53x 1.28x 1.3x 1.94x 2x 2.06x
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 10.6x 9.28x 8.29x
EV / Revenue 7.15x 3.47x 4.55x 3.29x 4.73x 8.67x 7.6x 7x
EV / EBITDA 10.7x 5.55x 8.42x 8x 13x 26.8x 19.6x 16.8x
EV / EBIT 10.8x 5.66x 8.68x 8.33x 13.8x 29.3x 21x 18.1x
EV / FCF 14x 5.81x 8.59x 7.06x 14.1x 11.2x 16.7x 15x
FCF Yield 7.12% 17.2% 11.6% 14.2% 7.09% 8.95% 5.98% 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% 7.41% 7.41% 7.41%
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 2.280 2.280 2.280
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.47x8.67x26.79x7.41% 2.01B
23.91x8.25x15.83x3.59% 115B
18.74x14.44x29.55x0.69% 102B
24.6x - - 3.76% 32.76B
11.91x4.92x9.67x5.09% 22.39B
12.08x4.68x12.91x2.85% 17.56B
17.23x1.81x6.95x3.89% 17.2B
15.13x9.57x - 9.66% 14.27B
33.68x19.19x26.36x - 11.91B
Average 19.19x 8.94x 18.29x 4.62% 37.29B
Weighted average by Cap. 20.56x 10.02x 20.02x 3.06%

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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