ASHMORE GROUP PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 195 GBX | -0.15% |
|
-5.06% | -12.48% |
| May. 17 | Jefferies says buy Tritax Big Box post merger | AN |
| May. 02 | Deutsche Bank likes TP ICAP but says sell CMC | AN |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,425 | 2,791 | 2,542 | 1,464 | 1,372 | 1,294 | - | - |
| Enterprise Value (EV) 1 | 2,948 | 2,290 | 2,086 | 911.9 | 893.8 | 841.3 | 864.6 | 884.8 |
| P/E ratio | 20.3 x | 16.2 x | 11.2 x | 17.6 x | 17.1 x | 13.3 x | 16.7 x | 15.5 x |
| Yield | 3.27% | 4.05% | 4.39% | 7.62% | 8.13% | 8.67% | 8.67% | 8.72% |
| Capitalization / Revenue | 10.9 x | 8.45 x | 8.72 x | 5.58 x | 6.99 x | 7.04 x | 7.46 x | 6.82 x |
| EV / Revenue | 9.38 x | 6.93 x | 7.15 x | 3.47 x | 4.55 x | 4.58 x | 4.98 x | 4.66 x |
| EV / EBITDA | 14.6 x | 10.3 x | 10.7 x | 5.55 x | 8.42 x | 10 x | 11.1 x | 9.8 x |
| EV / FCF | 15.7 x | 11.3 x | 14 x | 5.81 x | 8.59 x | 12.7 x | 9.36 x | 8.86 x |
| FCF Yield | 6.39% | 8.81% | 7.12% | 17.2% | 11.6% | 7.86% | 10.7% | 11.3% |
| Price to Book | 4.27 x | 3.2 x | 2.79 x | 1.54 x | 1.53 x | 1.53 x | 1.6 x | 1.67 x |
| Nbr of stocks (in thousands) | 672,239 | 669,034 | 660,311 | 659,991 | 659,804 | 663,586 | - | - |
| Reference price 2 | 5.095 | 4.172 | 3.850 | 2.218 | 2.080 | 1.950 | 1.950 | 1.950 |
| Announcement Date | 9/6/19 | 9/11/20 | 9/3/21 | 9/2/22 | 9/6/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Juni | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 314.3 | 330.5 | 291.7 | 262.5 | 196.4 | 183.7 | 173.5 | 189.7 |
| EBITDA 1 | 201.8 | 222.5 | 195.7 | 164.3 | 106.2 | 83.74 | 77.85 | 90.32 |
| EBIT 1 | 197 | 219.1 | 192.9 | 161.2 | 103 | 80.78 | 74.12 | 86.8 |
| Operating Margin | 62.68% | 66.29% | 66.13% | 61.41% | 52.44% | 43.97% | 42.71% | 45.75% |
| Earnings before Tax (EBT) 1 | 219.9 | 221.5 | 282.5 | 118.4 | 111.8 | 126.9 | 105.5 | 112.5 |
| Net income 1 | 178.6 | 182.1 | 240.1 | 88.5 | 83.3 | 97.89 | 80.89 | 87.57 |
| Net margin | 56.82% | 55.1% | 82.31% | 33.71% | 42.41% | 53.28% | 46.61% | 46.15% |
| EPS 2 | 0.2504 | 0.2568 | 0.3423 | 0.1261 | 0.1215 | 0.1466 | 0.1169 | 0.1255 |
| Free Cash Flow 1 | 188.3 | 201.8 | 148.5 | 156.9 | 104.1 | 66.1 | 92.4 | 99.9 |
| FCF margin | 59.91% | 61.06% | 50.91% | 59.77% | 53% | 35.98% | 53.24% | 52.65% |
| FCF Conversion (EBITDA) | 93.31% | 90.7% | 75.88% | 95.5% | 98.02% | 78.93% | 118.68% | 110.61% |
| FCF Conversion (Net income) | 105.43% | 110.82% | 61.85% | 177.29% | 124.97% | 67.52% | 114.23% | 114.08% |
| Dividend per Share 2 | 0.1665 | 0.1690 | 0.1690 | 0.1690 | 0.1690 | 0.1690 | 0.1690 | 0.1700 |
| Announcement Date | 9/6/19 | 9/11/20 | 9/3/21 | 9/2/22 | 9/6/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 176.8 | 153.7 | 150.7 | 141 | 138.5 | 124 | 110.3 | 86.1 | 94.5 |
| EBITDA 1 | 122.5 | 100 | 107.2 | 88.5 | 92 | - | 63.2 | - | 42.6 |
| EBIT 1 | 120.8 | 98.3 | 105.6 | 87.3 | 90.4 | 70.8 | 61.5 | - | 34.2 |
| Operating Margin | 68.33% | 63.96% | 70.07% | 61.91% | 65.27% | 57.1% | 55.76% | - | 36.19% |
| Earnings before Tax (EBT) 1 | 132.4 | 89.1 | - | 131.9 | - | - | - | 58 | 74.5 |
| Net income | 112.9 | 69.2 | - | 112.4 | - | - | - | - | - |
| Net margin | 63.86% | 45.02% | - | 79.72% | - | - | - | - | - |
| EPS 2 | 0.1584 | 0.0984 | - | 0.1601 | 0.1331 | - | 0.0609 | 0.0606 | 0.0847 |
| Dividend per Share 2 | 0.0480 | 0.1210 | 0.0480 | 0.1210 | 0.0480 | 0.1210 | 0.0480 | 0.1210 | 0.0980 |
| Announcement Date | 2/6/20 | 9/11/20 | 2/10/21 | 9/3/21 | 2/10/22 | 9/2/22 | 2/8/23 | 9/6/23 | 2/7/24 |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 477 | 501 | 456 | 552 | 479 | 453 | 429 | 409 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 188 | 202 | 149 | 157 | 104 | 66.1 | 92.4 | 99.9 |
| ROE (net income / shareholders' equity) | 22.3% | 21.4% | 18.6% | 14.1% | 9.04% | 10.5% | 9.22% | 10.2% |
| ROA (Net income/ Total Assets) | 18.3% | 17.4% | 15.2% | 11.9% | 7.91% | 8.25% | 7.39% | 8.84% |
| Assets 1 | 978.6 | 1,048 | 1,576 | 743.5 | 1,053 | 1,187 | 1,095 | 990.4 |
| Book Value Per Share 2 | 1.190 | 1.300 | 1.380 | 1.440 | 1.360 | 1.270 | 1.220 | 1.170 |
| Cash Flow per Share 2 | 0.2700 | 0.2900 | 0.2100 | 0.2200 | 0.1500 | 0.1200 | 0.1400 | 0.1400 |
| Capex 1 | 0.8 | 1 | 0.7 | 0.5 | 0.4 | 0.35 | 0.3 | 0.3 |
| Capex / Sales | 0.25% | 0.3% | 0.24% | 0.19% | 0.2% | 0.19% | 0.17% | 0.16% |
| Announcement Date | 9/6/19 | 9/11/20 | 9/3/21 | 9/2/22 | 9/6/23 | - | - | - |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
HOLD
Number of Analysts
12
Last Close Price
1.95
GBP
Average target price
1.929
GBP
Spread / Average Target
-1.07%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -12.48% | 1.65B | |
| +24.13% | 92.14B | |
| -7.96% | 90.59B | |
| +17.87% | 27.84B | |
| -0.44% | 18.94B | |
| +14.69% | 15.57B | |
| +5.63% | 15.33B | |
| -20.78% | 12.13B | |
| +20.84% | 10.07B | |
| +21.20% | 9.61B |
- Stock Market
- Equities
- ASHM Stock
- Financials Ashmore Group Plc
