Loading...
ASC logo

ASOS PlcLSE:ASC Stock Report

Market Cap UK£291.5m
Share Price
UK£2.44
UK£3.24
24.8% undervalued intrinsic discount
1Y-22.0%
7D-1.4%
1D
Portfolio Value
View

ASOS Plc

LSE:ASC Stock Report

Market Cap: UK£291.5m

ASOS (ASC) Stock Overview

Operates as an online fashion retailer in the United Kingdom, the European Union, the United States, and internationally. More details

ASC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance0/6
Financial Health2/6
Dividends0/6

ASC Community Fair Values

Create Narrative

See what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.

ASOS Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for ASOS
Historical stock prices
Current Share PriceUK£2.44
52 Week HighUK£3.75
52 Week LowUK£2.07
Beta2.22
1 Month Change-6.35%
3 Month Change-13.19%
1 Year Change-21.96%
3 Year Change-40.02%
5 Year Change-95.01%
Change since IPO874.00%

Recent News & Updates

Narrative Update May 09

ASC: Higher Future P/E And Profit Focus Will Support Share Recovery

Analysts have nudged their ASOS fair value estimate slightly higher from £3.22 to £3.24, citing updated assumptions for revenue growth, profit margins, a modestly higher discount rate, and a refined future P/E of 7.64x. Analyst Commentary Bullish Takeaways Bullish analysts view the refined future P/E of 7.64x as reflecting a valuation that they consider aligned with updated assumptions on revenue and margins, rather than indicating excessive optimism in the share price.
Analysis Article Apr 26

ASOS Plc (LON:ASC) Half-Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Shareholders of ASOS Plc ( LON:ASC ) will be pleased this week, given that the stock price is up 14% to UK£2.60...
Narrative Update Apr 23

ASC: Higher P/E Assumptions Will Support Share Recovery Despite Softer Revenue Outlook

Analysts have nudged their ASOS price target down by about £0.06, reflecting slightly lower fair value estimates, softer projected revenue growth, and modest tweaks to profit margin and future P/E assumptions. Analyst Commentary Recent commentary around ASOS focuses on fine tuning rather than a major reset, with the small price target trim pointing to incremental changes in how analysts see execution risk, growth potential, and valuation.

Recent updates

Narrative Update May 09

ASC: Higher Future P/E And Profit Focus Will Support Share Recovery

Analysts have nudged their ASOS fair value estimate slightly higher from £3.22 to £3.24, citing updated assumptions for revenue growth, profit margins, a modestly higher discount rate, and a refined future P/E of 7.64x. Analyst Commentary Bullish Takeaways Bullish analysts view the refined future P/E of 7.64x as reflecting a valuation that they consider aligned with updated assumptions on revenue and margins, rather than indicating excessive optimism in the share price.
Analysis Article Apr 26

ASOS Plc (LON:ASC) Half-Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Shareholders of ASOS Plc ( LON:ASC ) will be pleased this week, given that the stock price is up 14% to UK£2.60...
Narrative Update Apr 23

ASC: Higher P/E Assumptions Will Support Share Recovery Despite Softer Revenue Outlook

Analysts have nudged their ASOS price target down by about £0.06, reflecting slightly lower fair value estimates, softer projected revenue growth, and modest tweaks to profit margin and future P/E assumptions. Analyst Commentary Recent commentary around ASOS focuses on fine tuning rather than a major reset, with the small price target trim pointing to incremental changes in how analysts see execution risk, growth potential, and valuation.
Narrative Update Apr 08

ASC: Lower P/E And Improved Margin Outlook Will Support Future Upside Repricing

Analysts have trimmed their implied price target for ASOS to about £5.57 from roughly £5.62, reflecting updated assumptions around revenue growth, profit margins and a lower future P/E multiple of 11.74 compared with the previous 107.91. Valuation Changes Fair Value: trimmed slightly from £5.62 to £5.57, pointing to a small reduction in the implied upside for the shares.
Narrative Update Mar 25

ASC: Higher Assumed Margins And Lower P/E Will Support Share Recovery

ASOS's analyst price target has edged higher to £3.28 per share, with analysts pointing to slightly better assumed profit margins and a lower forward P/E multiple in their refreshed models. Valuation Changes Fair Value: Modelled fair value is unchanged at £3.28 per share.
Narrative Update Mar 10

ASC: Higher Margin Assumptions And Lower P/E Will Support Upside Repricing

Analysts have made a small upward adjustment to their ASOS price targets, reflecting slightly higher assumptions for revenue growth and profit margins, as well as a modestly lower future P/E, which together lift fair value by a fraction to roughly £5.62 per share. Valuation Changes Fair Value is effectively unchanged at £5.62 per share, with only a fractional numerical adjustment.
Narrative Update Feb 24

ASC: Future Margin Delivery And Earnings Multiple Expansion Will Support Share Recovery

Analysts have slightly raised their ASOS price target to £3.28 from £3.11, citing adjusted assumptions on fair value, discount rate, revenue growth and future P/E that support a modestly higher valuation outlook. Valuation Changes Fair Value: updated slightly higher from £3.11 to £3.28 per share.
Narrative Update Feb 09

ASC: Lower P/E Assumptions Will Set Up Earnings Execution Opportunity

Analysts have lowered their price target on ASOS to £2.40 from £2.70, citing updated assumptions on growth, profitability and the appropriate P/E multiple for the shares. Analyst Commentary JPMorgan has adjusted its price target on ASOS to £2.40 from £2.70 and kept a Neutral rating, reflecting updated views on growth, profitability and the appropriate P/E multiple for the shares.
Narrative Update Jan 26

ASC: Reset Expectations As Margin Delivery Will Shape Measured Share Recovery

Narrative Update The analyst price target for ASOS has been reduced from £2.70 to £2.40, reflecting updated views from analysts who cite more cautious assumptions around fair value and profit margins, while maintaining a Neutral stance on the shares. Analyst Commentary JPMorgan has adjusted its view on ASOS by reducing the price target to £2.40 from £2.70 while keeping a Neutral rating.
Narrative Update Jan 11

ASC: Reset Expectations And Future Margin Gains Will Support Share Recovery

Narrative Update on ASOS The analyst price target for ASOS has been trimmed to £2.40 from £2.70, as analysts factor in more conservative revenue growth assumptions and only a slight change in the implied future P/E multiple. Analyst Commentary Recent commentary has focused on the reduced price target for ASOS to £2.40, with the rating held at Neutral.
Narrative Update Dec 23

ASC: Future Margin Gains Are Expected To Support Share Price Recovery

Analysts have trimmed their price target on ASOS to £2.40 from £2.70, citing a slightly lower expected valuation multiple despite modest improvements in long term profitability assumptions. Analyst Commentary Recent commentary from JPMorgan and other market observers highlights a balanced view on ASOS, with incremental progress on profitability offset by lingering concerns around execution risks and the broader consumer backdrop.
Narrative Update Dec 09

ASC: Future Margin Gains Are Expected To Drive Share Price Upside

Analysts have trimmed their price target on ASOS to 240 GBp from 270 GBp, reflecting reduced revenue growth expectations, slightly stronger projected profit margins, and a modestly lower future P/E multiple. Analyst Commentary Analyst reactions to the revised 240 GBp price target underscore a balanced view of ASOS, with constructive elements offset by ongoing execution and macro risks.
Narrative Update Nov 25

ASC: Operational Efficiencies Are Expected To Drive Future Margin Improvements

Analysts have revised ASOS's price target downward from 270 GBp to 240 GBp. This change is due to a slightly higher discount rate and a more cautious fair value outlook, even though projections indicate improved revenue growth and profit margin. Analyst Commentary After the latest downward revision, analysts have provided a mix of optimistic and cautious perspectives regarding ASOS's future prospects.
Analysis Article Nov 22

ASOS Plc's (LON:ASC) Intrinsic Value Is Potentially 64% Above Its Share Price

Key Insights The projected fair value for ASOS is UK£3.83 based on 2 Stage Free Cash Flow to Equity ASOS' UK£2.34 share...
Analysis Article Jul 24

Is ASOS (LON:ASC) Using Debt In A Risky Way?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
User avatar
New Narrative Mar 27

New Heartland Partnership And Full-Funnel Marketing Will Optimize Operations

Streamlined inventory management and marketing shift enhance profitability through faster stock turnover, improved ROAS, and efficient brand engagement.
Analysis Article Mar 05

Some Confidence Is Lacking In ASOS Plc (LON:ASC) As Shares Slide 28%

ASOS Plc ( LON:ASC ) shareholders won't be pleased to see that the share price has had a very rough month, dropping 28...
Analysis Article Dec 27

Some Confidence Is Lacking In ASOS Plc's (LON:ASC) P/S

It's not a stretch to say that ASOS Plc's ( LON:ASC ) price-to-sales (or "P/S") ratio of 0.2x right now seems quite...
Analysis Article Nov 14

Analysts Are More Bearish On ASOS Plc (LON:ASC) Than They Used To Be

Today is shaping up negative for ASOS Plc ( LON:ASC ) shareholders, with the analysts delivering a substantial negative...
Analysis Article Nov 08

ASOS Plc (LON:ASC) Analysts Are Cutting Their Estimates: Here's What You Need To Know

ASOS Plc ( LON:ASC ) missed earnings with its latest yearly results, disappointing overly-optimistic forecasters. It...
Analysis Article Apr 11

Are Investors Undervaluing ASOS Plc (LON:ASC) By 46%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, ASOS fair value estimate is UK£13.87 Current share price of...

Shareholder Returns

ASCGB Specialty RetailGB Market
7D-1.4%5.4%1.5%
1Y-22.0%-6.8%19.4%

Return vs Industry: ASC underperformed the UK Specialty Retail industry which returned -6.8% over the past year.

Return vs Market: ASC underperformed the UK Market which returned 19.4% over the past year.

Price Volatility

Is ASC's price volatile compared to industry and market?
ASC volatility
ASC Average Weekly Movement8.8%
Specialty Retail Industry Average Movement6.0%
Market Average Movement5.7%
10% most volatile stocks in GB Market12.0%
10% least volatile stocks in GB Market3.1%

Stable Share Price: ASC's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: ASC's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
20002,800Jose Ramos Calamontewww.asosplc.com

ASOS Plc, together with its subsidiaries, operates as an online fashion retailer in the United Kingdom, the European Union, the United States, and internationally. The company sells fashion products under the ASOS Design, ASOS 4505, Collusion, ARRANGE, HIIT, Miss Selfridge, Topman, and Topshop brands. It also provides payment processing and brand management services; employs marketing and supply chain staff; and acts as a vehicle for issue of convertible bonds.

ASOS Plc Fundamentals Summary

How do ASOS's earnings and revenue compare to its market cap?
ASC fundamental statistics
Market capUK£291.52m
Earnings (TTM)-UK£230.90m
Revenue (TTM)UK£2.29b
0.1x
P/S Ratio
-1.3x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASC income statement (TTM)
RevenueUK£2.29b
Cost of RevenueUK£1.17b
Gross ProfitUK£1.12b
Other ExpensesUK£1.35b
Earnings-UK£230.90m

Last Reported Earnings

Mar 01, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-1.93
Gross Margin48.95%
Net Profit Margin-10.06%
Debt/Equity Ratio592.0%

How did ASC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 19:33
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/01
Annual Earnings2025/08/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

ASOS Plc is covered by 38 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rocco StraussArete Research Services LLP
Christodoulos ChaviarasBarclays
Sarah RobertsBarclays