Ashmore Group (CHIX:ASHML) Intrinsic Value: Projected FCF: £2.75 (As of Aug. 08, 2026) — 170% Above Median

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Director of Data and Quant Analytics at GuruFocus
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CHIX:ASHML Ashmore Group PLC CHIX:ASHML
75 GF Score
Price £2.24
GF Value £1.54
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Ashmore Group Intrinsic Value: Projected FCF?

Ashmore Group CHIX:ASHML +1.91% 75 Intrinsic Value: Projected FCF is £2.75 as of Aug. 08, 2026, which is 100% below its 10-year median of 1.02. GuruFocus rates CHIX:ASHML with a GF Score™ of 75/100 and a GF Value™ of £1.54 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,213 Asset Management companies, Ashmore Group ranks better than 56.06% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-08), Ashmore Group's Intrinsic Value: Projected FCF is £2.75. The stock price of Ashmore Group is £2.242. Therefore, Ashmore Group's Price-to-Intrinsic-Value-Projected-FCF of today is 0.8.

The historical rank and industry rank for Ashmore Group's Intrinsic Value: Projected FCF or its related term are showing as below:

CHIX:ASHMl' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.55   Med: 1.02   Max: 1.66
Current: 0.82

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Ashmore Group was 1.66. The lowest was 0.55. And the median was 1.02.

CHIX:ASHMl's Price-to-Projected-FCF is ranked better than
56.06% of 1213 companies
in the Asset Management industry
Industry Median: 0.91 vs CHIX:ASHMl: 0.82

Ashmore Group  (CHIX:ASHMl) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Ashmore Group's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=2.242/2.7548876410032
=0.81

* 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 Intrinsic Value: Projected FCF Related Terms


Ashmore Group Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Ashmore Group's Intrinsic Value: Projected 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.

Ashmore Group Intrinsic Value: Projected FCF Chart

Ashmore Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.57 3.27 3.20 3.07 2.76

Ashmore Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 3.07 0.00 2.76 0.00

CHIX:ASHML vs BLK, BX, KKR: Intrinsic Value: Projected FCF Comparison

For the Asset Management subindustry, Ashmore Group's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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 Price-to-Projected-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Ashmore Group's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Ashmore Group's Price-to-Projected-FCF falls into.


CHIX:ASHML
75GF Score
Ashmore Group PLC CHIX:ASHML
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ashmore Group Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Ashmore Group's Free Cash Flow(6 year avg) = £133.76.

Ashmore Group's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun25)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*133.75714285714+782.6*0.8)/689.500
=2.75

* 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.

What does a Intrinsic Value: Projected FCF of £2.75 mean?
Ashmore Group (CHIX:ASHML) has a Intrinsic Value: Projected FCF of £2.75 as of Aug. 08, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Ashmore Group and its competitors. This is 170% above median its historical median of 1.02. Over the past decade, Ashmore Group's Intrinsic Value: Projected FCF has ranged from 0.55 to 1.66. According to the industry distribution chart, Ashmore Group ranks #533 out of 1213 companies in the Asset Management industry, placing it in the top 43.9%.
Is Ashmore Group's Intrinsic Value: Projected FCF too high?
Ashmore Group's current Intrinsic Value: Projected FCF of £2.75 is 170% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.66. Based on the distribution chart, Ashmore Group ranks #533 out of 1213 companies in the Asset Management industry, which is above the industry midpoint. Overall, Ashmore Group has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashmore Group's Intrinsic Value: Projected FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Ashmore Group ranks #533 out of 1213 companies for Intrinsic Value: Projected FCF. This puts Ashmore Group in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.91. Historically, Ashmore Group's own Intrinsic Value: Projected FCF has ranged from 0.55 to 1.66 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Asset Management company?
The median Intrinsic Value: Projected FCF among Asset Management companies is 0.91, based on 1,213 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Ashmore Group and its competitors. For the Asset Management industry, the median Intrinsic Value: Projected FCF is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashmore Group's current Intrinsic Value: Projected FCF is £2.75, which is 170% above median its own 10-year median of 1.02. 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 £1.54, compared to a current price of £2.24 — trading 45.6% above its estimated fair value. The current Intrinsic Value: Projected FCF is £2.75, which is 170% above median its 10-year median of 1.02. Ashmore Group's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Ashmore Group (CHIX:ASHML), the current Intrinsic Value: Projected FCF is £2.75 as of Aug. 08, 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 £2.24 is trading 45.6% above its estimated GF Value™ of £1.54. GuruFocus considers Ashmore Group to be Significantly Overvalued.

Key valuation signals for CHIX:ASHML:

  • Intrinsic Value: Projected FCF: £2.75 (170% above median its 10-year median of 1.02)
  • GF Value™: £1.54 vs. price of £2.24 (45.6% above fair value)
  • GF Score™: 75/100 with 6 warning signs

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 Business Description

Other Exchanges AJMPF:USAASHM:UKA1B:Germany
Address 61 Aldwych, 5th Floor, London, GBR, WC2B 4AE
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.
75GF Score

Get the complete analysis for CHIX:ASHML

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£2.24
Price
£1.54
GF Value