Ashmore GroupLSE:ASHM +0.15%79 Operating Margin % is 24.29% as of Dec. 2025, which is 59% below its 10-year median of 59.73. 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 657 Asset Management companies, Ashmore Group ranks better than 55.86% on this metric.
Ashmore Group (LSE:ASHM) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Ashmore Group Operating Margin % Related Terms
Ashmore Group Operating Margin % Historical Data
* Premium members only.
The historical data trend for Ashmore Group's Operating 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: Operating Margin % Comparison
For the Asset Management subindustry, Ashmore Group's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ashmore Group's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Ashmore Group's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Ashmore Group's Operating Margin % 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 (LSE:ASHM) has a Operating Margin % of 24.29% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Ashmore Group and its competitors. This is 59% below median its historical median of 59.73. Over the past decade, Ashmore Group's Operating Margin % has ranged from 23.84 to 66.39. According to the industry distribution chart, Ashmore Group ranks #290 out of 657 companies in the Asset Management industry, placing it in the top 44.1%.
Is Ashmore Group's Operating Margin % too high?
Ashmore Group's current Operating Margin % of 24.29% is 59% below median its 10-year median of 59.73. Over the past 10 years, this metric has ranged from a low of 23.84 to a high of 66.39. The Asset Management industry median Operating Margin % is 16.85. Ashmore Group's value of 24.29% is 44.2% above this industry median. Based on the distribution chart, Ashmore Group ranks #290 out of 657 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 Operating Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Ashmore Group ranks #290 out of 657 companies for Operating Margin %. This puts Ashmore Group in the upper half of its industry. The industry median Operating Margin % is 16.85. Ashmore Group's value of 24.29% is 44.2% above this benchmark. Historically, Ashmore Group's own Operating Margin % has ranged from 23.84 to 66.39 over the past decade. While the company's 10-year median is 59.73 vs. the industry median of 16.85, 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 Operating Margin % for an Asset Management company?
The median Operating Margin % among Asset Management companies is 16.85, based on 657 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashmore Group's current Operating Margin % of 24.29% is 44.2% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Ashmore Group and its competitors. For the Asset Management industry, the median Operating Margin % is 16.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashmore Group's current Operating Margin % is 24.29%, which is 59% below median its own 10-year median of 59.73. 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 Operating Margin % is 24.29%, which is 59% below median its 10-year median of 59.73 and 44.2% above the Asset Management industry median of 16.85. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Ashmore Group (LSE:ASHM), the current Operating Margin % is 24.29% 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:
Operating Margin %: 24.29% (59% below median its 10-year median of 59.73)
GF Value™: £1.44 vs. price of £1.97 (36.7% above fair value)
Industry Position: 44.2% above the Asset Management median (#290 of 657)
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
Operating 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 
