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Ashmore GroupCHIX:ASHML +1.38%78 Net Cash per Share is £0.80 as of Dec. 2025, which is 100% below its 10-year median of 4.65. GuruFocus rates CHIX:ASHML with a GF Score™ of 78/100 and a GF Value™ of £1.54 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 463 Asset Management companies, Ashmore Group ranks better than 68.03% on this metric.
The historical rank and industry rank for Ashmore Group's Net Cash per Share or its related term are showing as below:
CHIX:ASHMl'
s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.74 Med: 4.65 Max: 6.82
Current: 2.58
During the past 13 years, the highest Price-to-Net-Cash Ratio of Ashmore Group was 6.82. The lowest was 1.74. And the median was 4.65.
CHIX:ASHMl's Price-to-Net-Cash is ranked better than 68.03% of 463
companies
in the Asset Management industry
Industry Median: 6
vs CHIX:ASHMl: 2.58
Ashmore Group (CHIX:ASHMl) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Ashmore Group Net Cash per Share Related Terms
Ashmore Group Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Ashmore Group's Net Cash per Share 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.
CHIX:ASHML vs BLK, BX, KKR: Net Cash per Share Comparison
For the Asset Management subindustry, Ashmore Group's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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-Net-Cash vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ashmore Group's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Ashmore Group's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Ashmore Group's Net Cash per Share for the fiscal year that ended in Jun. 2025 is calculated as
* 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 Net Cash per Share of £0.80 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Ashmore Group and its competitors. This is 83% below median its historical median of 4.65. Over the past decade, Ashmore Group's Net Cash per Share has ranged from 1.74 to 6.82. According to the industry distribution chart, Ashmore Group ranks #148 out of 463 companies in the Asset Management industry, placing it in the top 32%.
Is Ashmore Group's Net Cash per Share too high?
Ashmore Group's current Net Cash per Share of £0.80 is 83% below median its 10-year median of 4.65. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 6.82. Based on the distribution chart, Ashmore Group ranks #148 out of 463 companies in the Asset Management industry, which is above the industry midpoint. Overall, Ashmore Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashmore Group's Net Cash per Share compare to BLK and BX?
According to the Asset Management industry distribution chart, Ashmore Group ranks #148 out of 463 companies for Net Cash per Share. This puts Ashmore Group in the upper half of its industry. The industry median Net Cash per Share is 6.00. Historically, Ashmore Group's own Net Cash per Share has ranged from 1.74 to 6.82 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 Net Cash per Share for an Asset Management company?
The median Net Cash per Share among Asset Management companies is 6.00, based on 463 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Ashmore Group and its competitors. For the Asset Management industry, the median Net Cash per Share is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashmore Group's current Net Cash per Share is £0.80, which is 83% below median its own 10-year median of 4.65. 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 £2.06 — trading 33.6% above its estimated fair value. The current Net Cash per Share is £0.80, which is 83% below median its 10-year median of 4.65. Ashmore Group's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Ashmore Group (CHIX:ASHML), the current Net Cash per Share is £0.80 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 (CHIX:ASHML) Overvalued in 2026?
Based on GuruFocus' analysis, Ashmore Group stock appears to be overvalued.
The current stock price of £2.06 is trading 33.6% above its estimated GF Value™ of £1.54.
GuruFocus considers Ashmore Group to be Significantly Overvalued.
Key valuation signals for CHIX:ASHML:
Net Cash per Share: £0.80 (83% below median its 10-year median of 4.65)
GF Value™: £1.54 vs. price of £2.06 (33.6% above fair value)
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.
78GF Score
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Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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