Ashmore GroupCHIX:ASHML -0.05%76 EV-to-OCF is 16.29 as of Jul. 03, 2026, which is 48% above its 10-year median of 11.03. GuruFocus rates CHIX:ASHML with a GF Score™ of 76/100 and a GF Value™ of £1.44 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,507 Asset Management companies, Ashmore Group ranks worse than 67.62% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ashmore Group's Enterprise Value is £697.3 Mil.
Ashmore Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was £42.8 Mil. Therefore, Ashmore Group's EV-to-OCF for today is 16.29.
The historical rank and industry rank for Ashmore Group's EV-to-OCF or its related term are showing as below:
CHIX:ASHMl'
s EV-to-OCF Range Over the Past 10 Years
Min: 1.8 Med: 11.03 Max: 21.96
Current: 13.68
During the past 13 years, the highest EV-to-OCF of Ashmore Group was 21.96. The lowest was 1.80. And the median was 11.03.
CHIX:ASHMl's EV-to-OCF is ranked worse than 67.62% of 1507
companies
in the Asset Management industry
Industry Median: 6.4
vs CHIX:ASHMl: 13.68
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Ashmore Group's PE Ratio (TTM) for today is calculated as:
Ashmore Group's share price for today is £2.114.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ashmore Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £0.165.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Ashmore Group EV-to-OCF Related Terms
Ashmore Group EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Ashmore Group's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Ashmore Group's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ashmore Group EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ashmore Group's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Ashmore Group's EV-to-OCF falls into.
Ashmore Group's current Enterprise Value is £697.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ashmore Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was £42.8 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ashmore Group (CHIX:ASHML) has a EV-to-OCF of 16.29 as of Jul. 03, 2026. This is 48% above median its historical median of 11.03. Over the past decade, Ashmore Group's EV-to-OCF has ranged from 1.80 to 21.96. According to the industry distribution chart, Ashmore Group ranks #1019 out of 1507 companies in the Asset Management industry, placing it in the top 67.6%.
Is Ashmore Group's EV-to-OCF too high?
Ashmore Group's current EV-to-OCF of 16.29 is 48% above median its 10-year median of 11.03. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 21.96. The Asset Management industry median EV-to-OCF is 6.40. Ashmore Group's value of 16.29 is 154.5% above this industry median. Based on the distribution chart, Ashmore Group ranks #1019 out of 1507 companies in the Asset Management industry, which is below the industry midpoint. Overall, Ashmore Group has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashmore Group's EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Ashmore Group ranks #1019 out of 1507 companies for EV-to-OCF. This places Ashmore Group in the lower half of its industry. The industry median EV-to-OCF is 6.40. Ashmore Group's value of 16.29 is 154.5% above this benchmark. Historically, Ashmore Group's own EV-to-OCF has ranged from 1.80 to 21.96 over the past decade. While the company's 10-year median is 11.03 vs. the industry median of 6.40, Ashmore Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 6.40, based on 1,507 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashmore Group's current EV-to-OCF of 16.29 is 154.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashmore Group's current EV-to-OCF is 16.29, which is 48% above median its own 10-year median of 11.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashmore Group stock overvalued right now?
Based on GuruFocus' analysis, Ashmore Group (CHIX:ASHML) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.44, compared to a current price of £2.11 — trading 46.8% above its estimated fair value. The current EV-to-OCF is 16.29, which is 48% above median its 10-year median of 11.03 and 154.5% above the Asset Management industry median of 6.40. Ashmore Group's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Ashmore Group (CHIX:ASHML), the current EV-to-OCF is 16.29 as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ashmore Group (CHIX:ASHML) Overvalued in 2026?
Based on GuruFocus' analysis, Ashmore Group stock appears to be overvalued.
The current stock price of £2.11 is trading 46.8% above its estimated GF Value™ of £1.44.
GuruFocus considers Ashmore Group to be Significantly Overvalued.
Key valuation signals for CHIX:ASHML:
EV-to-OCF: 16.29 (48% above median its 10-year median of 11.03)
GF Value™: £1.44 vs. price of £2.11 (46.8% above fair value)
Industry Position: 154.5% above the Asset Management median (#1019 of 1507)
No single metric tells the full story. See the CHIX:ASHML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashmore Group PLC is a value-oriented asset management firm that focuses its investments on emerging markets. It offers a diverse range of both traditional and alternative investment strategies to its client base globally, including both institutional and retail investors. The company invests in sovereign debt instruments, currencies, corporate debt, equities, derivatives, private equity, real estate, distressed debt, and other special situations. The firm reports on changes in assets under management as the majority of its revenue is derived from management fees. The company also benefits from performance fees on its investments. Geographically, the group derives maximum revenue from the United Kingdom and Ireland, followed by the Americas, and Asia and the Middle East.
76GF Score
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