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Ashmore GroupAJMPF 77 Return-on-Tangible-Asset is 7.27% as of Jun. 2026, which is 51% below its 10-year median of 14.72. GuruFocus rates AJMPF with a GF Score™ of 77/100 and a GF Value™ of $1.77 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,619 Asset Management companies, Ashmore Group ranks better than 72.51% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Ashmore Group's annualizedNet Income for the quarter that ended in Jun. 2026 was $90.7 Mil. Ashmore Group's average total tangible assets for the quarter that ended in Jun. 2026 was $0.0 Mil. Therefore, Ashmore Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 7.27%.
The historical rank and industry rank for Ashmore Group's Return-on-Tangible-Asset or its related term are showing as below:
AJMPF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.64 Med: 14.72 Max: 24.19
Current: 11.5
During the past 13 years, Ashmore Group's highest Return-on-Tangible-Asset was 24.19%. The lowest was 8.64%. And the median was 14.72%.
AJMPF's Return-on-Tangible-Asset is ranked better than 72.51% of 1619
companies
in the Asset Management industry
Industry Median: 4.66
vs AJMPF: 11.50
Ashmore Group (OTCPK:AJMPF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Ashmore Group Return-on-Tangible-Asset Related Terms
Ashmore Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ashmore Group's Return-on-Tangible-Asset 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.
AJMPF vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Ashmore Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ashmore Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ashmore Group's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.27% mean?
Ashmore Group (AJMPF) has a Return-on-Tangible-Asset of 7.27% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ashmore Group and its competitors. This is 51% below median its historical median of 14.72. Over the past decade, Ashmore Group's Return-on-Tangible-Asset has ranged from 8.64 to 24.19. According to the industry distribution chart, Ashmore Group ranks #445 out of 1619 companies in the Asset Management industry, placing it in the top 27.5%.
Is Ashmore Group's Return-on-Tangible-Asset too high?
Ashmore Group's current Return-on-Tangible-Asset of 7.27% is 51% below median its 10-year median of 14.72. Over the past 10 years, this metric has ranged from a low of 8.64 to a high of 24.19. The Asset Management industry median Return-on-Tangible-Asset is 4.66. Ashmore Group's value of 7.27% is 56% above this industry median. Based on the distribution chart, Ashmore Group ranks #445 out of 1619 companies in the Asset Management industry, which is above the industry midpoint. Overall, Ashmore Group has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashmore Group's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Ashmore Group ranks #445 out of 1619 companies for Return-on-Tangible-Asset. This puts Ashmore Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.66. Ashmore Group's value of 7.27% is 56% above this benchmark. Historically, Ashmore Group's own Return-on-Tangible-Asset has ranged from 8.64 to 24.19 over the past decade. While the company's 10-year median is 14.72 vs. the industry median of 4.66, 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 Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.66, based on 1,619 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashmore Group's current Return-on-Tangible-Asset of 7.27% is 56% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ashmore Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashmore Group's current Return-on-Tangible-Asset is 7.27%, which is 51% below median its own 10-year median of 14.72. 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 (AJMPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.77, compared to a current price of $2.86 — trading 61.3% above its estimated fair value. The current Return-on-Tangible-Asset is 7.27%, which is 51% below median its 10-year median of 14.72 and 56% above the Asset Management industry median of 4.66. Ashmore Group's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Ashmore Group (AJMPF), the current Return-on-Tangible-Asset is 7.27% as of Jun. 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 (AJMPF) Overvalued in 2026?
Based on GuruFocus' analysis, Ashmore Group stock appears to be overvalued.
The current stock price of $2.86 is trading 61.3% above its estimated GF Value™ of $1.77.
GuruFocus considers Ashmore Group to be Significantly Overvalued.
Key valuation signals for AJMPF:
Return-on-Tangible-Asset: 7.27% (51% below median its 10-year median of 14.72)
GF Value™: $1.77 vs. price of $2.86 (61.3% above fair value)
Industry Position: 56% above the Asset Management median (#445 of 1619)
No single metric tells the full story. See the AJMPF 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.
77GF Score
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