Ashmore Group (ASHM) Stock Overview
Ashmore Group plc is a publicly owned investment manager. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
ASHM Community Fair Values
Create NarrativeSee what 19 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Ashmore Group Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£2.08 |
| 52 Week High | UK£2.77 |
| 52 Week Low | UK£1.46 |
| Beta | 0.96 |
| 1 Month Change | -0.48% |
| 3 Month Change | -7.31% |
| 1 Year Change | 35.73% |
| 3 Year Change | -11.12% |
| 5 Year Change | -47.02% |
| Change since IPO | 8.23% |
Recent News & Updates
Narrative Update • May 30
ASHM: Emerging Market Turn Will Face Repriced Risk Yet Retain Balanced Potential
The analyst consensus price target for Ashmore Group has been reduced by a total of £0.25, with recent cuts of £0.05 each from Deutsche Bank and Barclays and £0.15 from Morgan Stanley. Analysts are reassessing assumptions around discount rate and future P/E while keeping fair value and key growth and margin inputs broadly unchanged.Narrative Update • May 15
ASHM: Emerging Market Turn Will Offer Limited Upside As Execution Risk Persists
Analyst price targets for Ashmore Group have been trimmed modestly in recent weeks, with cuts of £0.05 to £0.15 from several banks, partly offset by a Jefferies upgrade to £2.85, as analysts reassess expectations around the emerging markets cycle while leaving core valuation inputs broadly unchanged. Analyst Commentary Recent research has highlighted a split in opinion on Ashmore Group, with some analysts focusing on improving sentiment around emerging markets and others trimming expectations through lower price targets.Narrative Update • Apr 24
ASHM: Emerging Market Turn Will Support Earnings While Recent Revisions Limit P E Upside
Narrative Update The updated analyst price target for Ashmore Group reflects a modest reduction in fair value to £1.96, with analysts pointing to slightly softer revenue growth and profit margin assumptions, a higher discount rate, and a higher future P/E multiple, alongside recent Street moves that include several £0.05 to £0.15 target cuts and a Jefferies upgrade with a £2.85 target. Analyst Commentary Recent research updates on Ashmore Group point to a mixed but constructive tone, with price targets moving in both directions and views splitting between valuation appeal and execution risk.Narrative Update • Apr 10
ASHM: Emerging Market Turn Will Support Earnings While Mixed Views Temper P E Upside
Analysts have trimmed the fair value estimate for Ashmore Group, with the updated analyst price target now at £1.998 from £2.067. This reflects slightly more conservative assumptions on revenue growth, profit margins and the future P/E multiple, despite mixed recent target moves from firms such as Morgan Stanley, Jefferies and Deutsche Bank.Recent updates
Narrative Update • May 30
ASHM: Emerging Market Turn Will Face Repriced Risk Yet Retain Balanced Potential
The analyst consensus price target for Ashmore Group has been reduced by a total of £0.25, with recent cuts of £0.05 each from Deutsche Bank and Barclays and £0.15 from Morgan Stanley. Analysts are reassessing assumptions around discount rate and future P/E while keeping fair value and key growth and margin inputs broadly unchanged.Narrative Update • May 15
ASHM: Emerging Market Turn Will Offer Limited Upside As Execution Risk Persists
Analyst price targets for Ashmore Group have been trimmed modestly in recent weeks, with cuts of £0.05 to £0.15 from several banks, partly offset by a Jefferies upgrade to £2.85, as analysts reassess expectations around the emerging markets cycle while leaving core valuation inputs broadly unchanged. Analyst Commentary Recent research has highlighted a split in opinion on Ashmore Group, with some analysts focusing on improving sentiment around emerging markets and others trimming expectations through lower price targets.Narrative Update • Apr 24
ASHM: Emerging Market Turn Will Support Earnings While Recent Revisions Limit P E Upside
Narrative Update The updated analyst price target for Ashmore Group reflects a modest reduction in fair value to £1.96, with analysts pointing to slightly softer revenue growth and profit margin assumptions, a higher discount rate, and a higher future P/E multiple, alongside recent Street moves that include several £0.05 to £0.15 target cuts and a Jefferies upgrade with a £2.85 target. Analyst Commentary Recent research updates on Ashmore Group point to a mixed but constructive tone, with price targets moving in both directions and views splitting between valuation appeal and execution risk.Narrative Update • Apr 10
ASHM: Emerging Market Turn Will Support Earnings While Mixed Views Temper P E Upside
Analysts have trimmed the fair value estimate for Ashmore Group, with the updated analyst price target now at £1.998 from £2.067. This reflects slightly more conservative assumptions on revenue growth, profit margins and the future P/E multiple, despite mixed recent target moves from firms such as Morgan Stanley, Jefferies and Deutsche Bank.
Narrative Update • Mar 26
ASHM: Emerging Market Turning Point And Higher Fair Value Will Support Upside
The updated analyst price targets for Ashmore Group point higher, with one key upgrade moving from £1.70 to £2.85 as analysts cite a perceived turning point in the emerging markets cycle alongside revised assumptions on growth, margins and future P/E. Analyst Commentary Recent research points to a more constructive stance on Ashmore Group, with bullish analysts highlighting higher price targets and upgrades that reflect greater confidence in the company’s positioning within emerging markets.Narrative Update • Mar 11
ASHM: Emerging Market Turn Will Support Earnings While Keeping P/E Constraints
The analyst price target for Ashmore Group has been revised higher to reflect a small uplift in fair value to £2.07, supported by recent upgrades and higher targets from several firms. These firms now see a turning point in emerging markets and have slightly adjusted their assumptions for revenue growth, profit margins and future P/E.Narrative Update • Feb 24
ASHM: Emerging Market Turning Point Will Sustain Pressure On Future P/E
The analyst fair value estimate for Ashmore Group has increased from £1.74 to £2.04 per share, reflecting higher revenue growth assumptions and recent price target increases from firms that see a potential turning point for emerging market assets. Analyst Commentary Recent research points to a more constructive tone around Ashmore Group, but views remain mixed, particularly on execution and the durability of any improvement in emerging market conditions.Narrative Update • Feb 10
ASHM: Modest Discount Rate Shift Will Sustain Pressure On Future P/E
Analysts have inched their blended price target for Ashmore Group higher, reflecting a recent £0.10 increase from one firm, partly offset by a £0.01 reduction from another. The updated view is supported by relatively stable fair value inputs and only small adjustments to the discount rate and future P/E assumptions.Narrative Update • Jan 27
ASHM: Higher Profit Assumptions Will Face Ongoing P/E Discount Risk
The analyst price target for Ashmore Group has moved higher to £1.74 from £1.56, as analysts point to updated assumptions around revenue growth, profit margins and a lower future P/E, alongside recent mixed Street research that includes a £0.10 price target increase at one firm and a £0.01 trim at another. Analyst Commentary Bullish Takeaways Bullish analysts see the higher £1.74 target as more in line with updated assumptions on revenue potential and profit margins, which they view as better reflected in the revised P/E framework.Analysis Article • Jan 16
Earnings Not Telling The Story For Ashmore Group Plc (LON:ASHM) After Shares Rise 35%
Ashmore Group Plc ( LON:ASHM ) shares have had a really impressive month, gaining 35% after a shaky period beforehand...Narrative Update • Jan 12
ASHM: Fair Value Assumptions And Earnings Focus Will Support Future Upside
Analysts have trimmed their price target on Ashmore Group to £1.65 from £1.68, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E multiples. Analyst Commentary Recent Street research has adjusted the price target on Ashmore Group to £1.65 from £1.68, with the rating on the shares maintained at Equal Weight.Narrative Update • Dec 27
ASHM: Strong Cash Generation And Dividends Will Support Future Upside
Analysts have slightly reduced their price target on Ashmore Group to 165 GBp from 168 GBp, citing a marginally lower discount rate and modest tweaks to long term growth and profitability assumptions. Analyst Commentary Bullish analysts note that the revised price target, while modestly lower, still implies upside from current trading levels.Narrative Update • Dec 12
ASHM: Improved Profitability And Cost Discipline Will Support Future Upside Potential
Ashmore Group's analyst price target has been trimmed slightly, with the modest reduction supported by analysts pointing to a higher required return, slower expected revenue growth, and lower valuation multiples, partly offset by improved profitability. Analyst Commentary Analyst reactions to Ashmore Group have been mixed, with modestly lower price targets reflecting lingering caution on flows and fee visibility, but also acknowledging improving fundamentals and resilient profitability.Analysis Article • Oct 18
Ashmore Group (LON:ASHM) Is Paying Out A Dividend Of £0.121
The board of Ashmore Group Plc ( LON:ASHM ) has announced that it will pay a dividend of £0.121 per share on the 8th of...Analysis Article • Sep 20
Ashmore Group (LON:ASHM) Will Pay A Dividend Of £0.121
Ashmore Group Plc ( LON:ASHM ) will pay a dividend of £0.121 on the 8th of December. Based on this payment, the...Narrative Update • Aug 27
Emerging Markets Expansion Will Increase Client Activity But Earnings May Face Pressure
Analysts have raised their price target for Ashmore Group to £1.56, reflecting optimism around improving emerging market sentiment, stabilizing outflows, and stronger recent earnings, though tempered by ongoing structural concerns. Analyst Commentary Anticipation of improving emerging market sentiment boosting Ashmore Group's assets under management growth prospects.
New Narrative • Feb 09
Expansion Into Colombia And India Will Open New Opportunities In Emerging Markets
Positive trends in emerging markets and strategic diversification are poised to enhance Ashmore's revenue and margins.Analysis Article • Sep 26
Ashmore Group (LON:ASHM) Will Pay A Dividend Of £0.121
The board of Ashmore Group Plc ( LON:ASHM ) has announced that it will pay a dividend of £0.121 per share on the 6th of...Analysis Article • Sep 12
Ashmore Group's (LON:ASHM) Dividend Will Be £0.121
The board of Ashmore Group Plc ( LON:ASHM ) has announced that it will pay a dividend of £0.121 per share on the 6th of...Analysis Article • Jun 08
Ashmore Group Plc's (LON:ASHM) Business And Shares Still Trailing The Market
When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") above 17x, you may...Analysis Article • Feb 22
Ashmore Group (LON:ASHM) Has Announced A Dividend Of £0.048
Ashmore Group Plc's ( LON:ASHM ) investors are due to receive a payment of £0.048 per share on 2nd of April. This means...Analysis Article • Jan 03
What Ashmore Group Plc's (LON:ASHM) 26% Share Price Gain Is Not Telling You
Ashmore Group Plc ( LON:ASHM ) shareholders have had their patience rewarded with a 26% share price jump in the last...Analysis Article • Oct 31
Ashmore Group (LON:ASHM) Has Affirmed Its Dividend Of £0.121
Ashmore Group Plc ( LON:ASHM ) has announced that it will pay a dividend of £0.121 per share on the 8th of December...Analysis Article • Sep 09
Ashmore Group (LON:ASHM) Will Pay A Dividend Of £0.121
Ashmore Group Plc ( LON:ASHM ) has announced that it will pay a dividend of £0.121 per share on the 8th of December...Analysis Article • Oct 16
Ashmore Group (LON:ASHM) Will Pay A Dividend Of £0.121
Ashmore Group PLC ( LON:ASHM ) will pay a dividend of £0.121 on the 9th of December. Based on this payment, the...Analysis Article • Sep 05
Ashmore Group (LON:ASHM) Has Affirmed Its Dividend Of £0.121
Ashmore Group PLC's ( LON:ASHM ) investors are due to receive a payment of £0.121 per share on 9th of December. The...Shareholder Returns
| ASHM | GB Capital Markets | GB Market | |
|---|---|---|---|
| 7D | -2.9% | -1.9% | -0.9% |
| 1Y | 35.7% | -9.2% | 18.0% |
Return vs Industry: ASHM exceeded the UK Capital Markets industry which returned -8.5% over the past year.
Return vs Market: ASHM exceeded the UK Market which returned 18.4% over the past year.
Price Volatility
| ASHM volatility | |
|---|---|
| ASHM Average Weekly Movement | 5.5% |
| Capital Markets Industry Average Movement | 4.4% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in GB Market | 12.0% |
| 10% least volatile stocks in GB Market | 3.2% |
Stable Share Price: ASHM has not had significant price volatility in the past 3 months compared to the UK market.
Volatility Over Time: ASHM's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 279 | Mark Coombs | www.ashmoregroup.com |
Ashmore Group plc is a publicly owned investment manager. The firm primarily provides its services to retail and institutional clients. It manages separate client-focused equity and fixed income portfolios.
Ashmore Group Plc Fundamentals Summary
| ASHM fundamental statistics | |
|---|---|
| Market cap | UK£1.35b |
| Earnings (TTM) | UK£113.50m |
| Revenue (TTM) | UK£132.40m |
11.9x
P/E Ratio10.2x
P/S RatioIs ASHM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ASHM income statement (TTM) | |
|---|---|
| Revenue | UK£132.40m |
| Cost of Revenue | UK£71.50m |
| Gross Profit | UK£60.90m |
| Other Expenses | -UK£52.60m |
| Earnings | UK£113.50m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Jul 14, 2026
| Earnings per share (EPS) | 0.17 |
| Gross Margin | 46.00% |
| Net Profit Margin | 85.73% |
| Debt/Equity Ratio | 0% |
How did ASHM perform over the long term?
See historical performance and comparisonDividends
8.1%
Current Dividend Yield98%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/02 11:11 |
| End of Day Share Price | 2026/06/02 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Ashmore Group Plc is covered by 28 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Garrod | Barclays |
| Michael Sanderson | Barclays |
| Andrew Lowe | Berenberg |