Ashmore GroupLSE:ASHM +0.15%79 Gross Margin % is 48.71% as of Dec. 2025, which is 47% below its 10-year median of 91.85. GuruFocus rates LSE:ASHM with a GF Score™ of 79/100 and a GF Value™ of £1.44 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 554 Asset Management companies, Ashmore Group ranks better than 70.76% on this metric.
Ashmore Group PLC gross margin has been in long-term decline. The average rate of decline per year is -2.3%.
The historical rank and industry rank for Ashmore Group's Gross Margin % or its related term are showing as below:
LSE:ASHM'
s Gross Margin % Range Over the Past 10 Years
Min: 82.12 Med: 91.85 Max: 93.52
Current: 82.12
During the past 13 years, the highestGross Margin % of Ashmore Group was 93.52%. The lowest was 82.12%. And the median was 91.85%.
LSE:ASHM's Gross Margin % is ranked better than 70.76% of 554
companies
in the Asset Management industry
Industry Median: 58.335
vs LSE:ASHM: 82.12
Ashmore Group had a gross margin of 48.71% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Ashmore Group was -2.30% per year.
Ashmore Group (LSE:ASHM) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Ashmore Group had a gross margin of 48.71% for the quarter that ended in Dec. 2025 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Ashmore Group Gross Margin % Related Terms
Ashmore Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Ashmore Group's Gross Margin % 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.
LSE:ASHM vs BLK, BX, KKR: Gross Margin % Comparison
For the Asset Management subindustry, Ashmore Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ashmore Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ashmore Group's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Ashmore Group (LSE:ASHM) has a Gross Margin % of 48.71% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Ashmore Group and its competitors. This is 47% below median its historical median of 91.85. Over the past decade, Ashmore Group's Gross Margin % has ranged from 82.12 to 93.52. According to the industry distribution chart, Ashmore Group ranks #162 out of 554 companies in the Asset Management industry, placing it in the top 29.2%.
Is Ashmore Group's Gross Margin % too high?
Ashmore Group's current Gross Margin % of 48.71% is 47% below median its 10-year median of 91.85. Over the past 10 years, this metric has ranged from a low of 82.12 to a high of 93.52. The Asset Management industry median Gross Margin % is 58.34. Ashmore Group's value of 48.71% is 16.5% below this industry median. Based on the distribution chart, Ashmore Group ranks #162 out of 554 companies in the Asset Management industry, which is above the industry midpoint. Overall, Ashmore Group has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashmore Group's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Ashmore Group ranks #162 out of 554 companies for Gross Margin %. This puts Ashmore Group in the upper half of its industry. The industry median Gross Margin % is 58.34. Ashmore Group's value of 48.71% is 16.5% below this benchmark. Historically, Ashmore Group's own Gross Margin % has ranged from 82.12 to 93.52 over the past decade. While the company's 10-year median is 91.85 vs. the industry median of 58.34, Ashmore Group has consistently been below 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 Gross Margin % for an Asset Management company?
The median Gross Margin % among Asset Management companies is 58.34, based on 554 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashmore Group's current Gross Margin % of 48.71% is 16.5% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Ashmore Group and its competitors. For the Asset Management industry, the median Gross Margin % is 58.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashmore Group's current Gross Margin % is 48.71%, which is 47% below median its own 10-year median of 91.85. 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 (LSE:ASHM) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.44, compared to a current price of £1.97 — trading 36.7% above its estimated fair value. The current Gross Margin % is 48.71%, which is 47% below median its 10-year median of 91.85 and 16.5% below the Asset Management industry median of 58.34. Ashmore Group's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Ashmore Group (LSE:ASHM), the current Gross Margin % is 48.71% as of Dec. 2025. 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 (LSE:ASHM) Overvalued in 2026?
Based on GuruFocus' analysis, Ashmore Group stock appears to be overvalued.
The current stock price of £1.97 is trading 36.7% above its estimated GF Value™ of £1.44.
GuruFocus considers Ashmore Group to be Significantly Overvalued.
Key valuation signals for LSE:ASHM:
Gross Margin %: 48.71% (47% below median its 10-year median of 91.85)
GF Value™: £1.44 vs. price of £1.97 (36.7% above fair value)
Industry Position: 16.5% below the Asset Management median (#162 of 554)
No single metric tells the full story. See the LSE:ASHM 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.
79GF Score
Get the complete analysis for LSE:ASHM
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:ASHM has been successfully added to your 
