Ashmore GroupLSE:ASHM +0.15%79 ROA % is 14.85% as of Dec. 2025, which is 7% below its 10-year median of 15.93. 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 1,639 Asset Management companies, Ashmore Group ranks better than 77.18% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ashmore Group's annualizedNet Income for the quarter that ended in Dec. 2025 was £138.8 Mil.
Ashmore Group's average Total Assets over the quarter that ended in Dec. 2025 was £934.8 Mil. Therefore, Ashmore Group's annualized ROA % for the quarter that ended in Dec. 2025 was 14.85%.
The historical rank and industry rank for Ashmore Group's ROA % or its related term are showing as below:
LSE:ASHM'
s ROA % Range Over the Past 10 Years
Min: 7.91 Med: 15.93 Max: 22.28
Current: 12.17
During the past 13 years, Ashmore Group's highest ROA % was 22.28%. The lowest was 7.91%. And the median was 15.93%.
LSE:ASHM's ROA % is ranked better than 77.18% of 1639
companies
in the Asset Management industry
Industry Median: 3.95
vs LSE:ASHM: 12.17
Ashmore Group (LSE:ASHM) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Ashmore Group ROA % Related Terms
Ashmore Group ROA % Historical Data
* Premium members only.
The historical data trend for Ashmore Group's ROA % 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.
For the Asset Management subindustry, Ashmore Group's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ashmore Group's ROA % distribution charts can be found below:
* The bar in red indicates where Ashmore Group's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Ashmore Group (LSE:ASHM) has a ROA % of 14.85% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ashmore Group and its competitors. This is near median its historical median of 15.93. Over the past decade, Ashmore Group's ROA % has ranged from 7.91 to 22.28. According to the industry distribution chart, Ashmore Group ranks #374 out of 1639 companies in the Asset Management industry, placing it in the top 22.8%.
Is Ashmore Group's ROA % too high?
Ashmore Group's current ROA % of 14.85% is near median its 10-year median of 15.93. Over the past 10 years, this metric has ranged from a low of 7.91 to a high of 22.28. The Asset Management industry median ROA % is 3.95. Ashmore Group's value of 14.85% is 275.9% above this industry median. Based on the distribution chart, Ashmore Group ranks #374 out of 1639 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. 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 ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Ashmore Group ranks #374 out of 1639 companies for ROA %. This places Ashmore Group in the top 23% of its industry — outperforming the majority of peers. The industry median ROA % is 3.95. Ashmore Group's value of 14.85% is 275.9% above this benchmark. Historically, Ashmore Group's own ROA % has ranged from 7.91 to 22.28 over the past decade. While the company's 10-year median is 15.93 vs. the industry median of 3.95, 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 ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 3.95, based on 1,639 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashmore Group's current ROA % of 14.85% is 275.9% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ashmore Group and its competitors. For the Asset Management industry, the median ROA % is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashmore Group's current ROA % is 14.85%, which is near median its own 10-year median of 15.93. 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 ROA % is 14.85%, which is near median its 10-year median of 15.93 and 275.9% above the Asset Management industry median of 3.95. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Ashmore Group (LSE:ASHM), the current ROA % is 14.85% 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:
ROA %: 14.85% (near median its 10-year median of 15.93)
GF Value™: £1.44 vs. price of £1.97 (36.7% above fair value)
Industry Position: 275.9% above the Asset Management median (#374 of 1639)
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
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