Ashmore GroupCHIX:ASHML -0.05%76 EV-to-FCF is 16.45 as of Jul. 03, 2026, which is 49% above its 10-year median of 11.07. 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 936 Asset Management companies, Ashmore Group ranks better than 50.96% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ashmore Group's Enterprise Value is £697.3 Mil.
Ashmore Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £42.4 Mil. Therefore, Ashmore Group's EV-to-FCF for today is 16.45.
The historical rank and industry rank for Ashmore Group's EV-to-FCF or its related term are showing as below:
CHIX:ASHMl'
s EV-to-FCF Range Over the Past 10 Years
Min: 1.82 Med: 11.07 Max: 22.05
Current: 13.81
During the past 13 years, the highest EV-to-FCF of Ashmore Group was 22.05. The lowest was 1.82. And the median was 11.07.
CHIX:ASHMl's EV-to-FCF is ranked better than 50.96% of 936
companies
in the Asset Management industry
Industry Median: 14.505
vs CHIX:ASHMl: 13.81
EV-to-FCF 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-FCF 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Ashmore Group EV-to-FCF Related Terms
Ashmore Group EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Ashmore Group's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ashmore Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Ashmore Group's EV-to-FCF 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 Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £42.4 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-FCF of 16.45 as of Jul. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ashmore Group and its competitors. This is 49% above median its historical median of 11.07. Over the past decade, Ashmore Group's EV-to-FCF has ranged from 1.82 to 22.05. According to the industry distribution chart, Ashmore Group ranks #459 out of 936 companies in the Asset Management industry, placing it in the top 49%.
Is Ashmore Group's EV-to-FCF too high?
Ashmore Group's current EV-to-FCF of 16.45 is 49% above median its 10-year median of 11.07. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 22.05. The Asset Management industry median EV-to-FCF is 14.51. Ashmore Group's value of 16.45 is 13.4% above this industry median. Based on the distribution chart, Ashmore Group ranks #459 out of 936 companies in the Asset Management industry, which is above 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-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Ashmore Group ranks #459 out of 936 companies for EV-to-FCF. This puts Ashmore Group in the upper half of its industry. The industry median EV-to-FCF is 14.51. Ashmore Group's value of 16.45 is 13.4% above this benchmark. Historically, Ashmore Group's own EV-to-FCF has ranged from 1.82 to 22.05 over the past decade. While the company's 10-year median is 11.07 vs. the industry median of 14.51, 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-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.51, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashmore Group's current EV-to-FCF of 16.45 is 13.4% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ashmore Group and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashmore Group's current EV-to-FCF is 16.45, which is 49% above median its own 10-year median of 11.07. 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-FCF is 16.45, which is 49% above median its 10-year median of 11.07 and 13.4% above the Asset Management industry median of 14.51. 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Ashmore Group (CHIX:ASHML), the current EV-to-FCF is 16.45 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-FCF: 16.45 (49% above median its 10-year median of 11.07)
GF Value™: £1.44 vs. price of £2.11 (46.8% above fair value)
Industry Position: 13.4% above the Asset Management median (#459 of 936)
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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