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Ashmore Group Valuation Multiples
Discover revenue and EBITDA valuation multiples for Ashmore Group and similar public comparables like Vukile Property Fund, Peugeot Invest, PSG Financial Services, Antin Infrastructure Partners and more.
Ashmore Group Overview
About Ashmore Group
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.
Founded
1998
HQ
Employees
272
Website
Sectors
Financials (LTM)
EV
$1B
Ashmore Group Financials
Ashmore Group reported last 12-month revenue of $190M and EBITDA of $65M.
In the same LTM period, Ashmore Group generated $65M in EBITDA and $89M in net income.
Revenue (LTM)
Ashmore Group P&L
In the most recent fiscal year, Ashmore Group reported revenue of $195M and EBITDA of $148M.
Ashmore Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $190M | XXX | $195M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $160M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 82% | XXX | XXX | XXX |
| EBITDA | $65M | XXX | $148M | XXX | XXX | XXX |
| EBITDA Margin | 34% | XXX | 76% | XXX | XXX | XXX |
| EBIT Margin | 33% | XXX | 35% | XXX | XXX | XXX |
| Net Profit | $89M | XXX | $110M | XXX | XXX | XXX |
| Net Margin | 47% | XXX | 56% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Ashmore Group Stock Performance
Ashmore Group has current market cap of $2B, and enterprise value of $1B.
Market Cap Evolution
Ashmore Group's stock price is $3.10.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $2B | 0.4% | XXX | XXX | XXX | $0.17 |
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Start Free TrialAshmore Group Valuation Multiples
Ashmore Group trades at 5.8x EV/Revenue multiple, and 16.8x EV/EBITDA.
EV / Revenue (LTM)
Ashmore Group Financial Valuation Multiples
As of April 10, 2026, Ashmore Group has market cap of $2B and EV of $1B.
Equity research analysts estimate Ashmore Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Ashmore Group has a P/E ratio of 22.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | 5.8x | XXX | 5.6x | XXX | XXX | XXX |
| EV/EBITDA | 16.8x | XXX | 7.4x | XXX | XXX | XXX |
| EV/EBIT | 17.5x | XXX | 15.9x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 6.9x | XXX | XXX | XXX |
| P/E | 22.6x | XXX | 18.3x | XXX | XXX | XXX |
| EV/FCF | 8.5x | XXX | 17.1x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Ashmore Group Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Ashmore Group Margins & Growth Rates
Ashmore Group's revenue in the last 12 month grew by 9%.
Ashmore Group's revenue per employee in the last FY averaged $0.7M, while opex per employee averaged $0.5M for the same period.
Ashmore Group's rule of 40 is 42% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Ashmore Group's rule of X is 51% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Ashmore Group Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 9% | XXX | (3%) | XXX | XXX | XXX |
| EBITDA Margin | 34% | XXX | 76% | XXX | XXX | XXX |
| EBITDA Growth | 20% | XXX | (57%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 42% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 51% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.7M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 10% | XXX | XXX | XXX |
| R&D Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | 66% | XXX | 67% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Ashmore Group Public Comps
See public comps and valuation multiples for other Asset Management comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Vukile Property Fund | XXX | XXX | XXX | XXX | XXX | XXX |
| Peugeot Invest | XXX | XXX | XXX | XXX | XXX | XXX |
| PSG Financial Services | XXX | XXX | XXX | XXX | XXX | XXX |
| Antin Infrastructure Partners | XXX | XXX | XXX | XXX | XXX | XXX |
| Montea | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Ashmore Group M&A Activity
Ashmore Group acquired XXX companies to date.
Last acquisition by Ashmore Group was on XXXXXXXX, XXXXX. Ashmore Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Ashmore Group
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAshmore Group Investment Activity
Ashmore Group invested in XXX companies to date.
Ashmore Group made its latest investment on XXXXXXXX, XXXXX. Ashmore Group invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Ashmore Group
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Ashmore Group
| When was Ashmore Group founded? | Ashmore Group was founded in 1998. |
| Where is Ashmore Group headquartered? | Ashmore Group is headquartered in United Kingdom. |
| How many employees does Ashmore Group have? | As of today, Ashmore Group has over 272 employees. |
| Who is the CEO of Ashmore Group? | Ashmore Group's CEO is Mark Coombs. |
| Is Ashmore Group publicly listed? | Yes, Ashmore Group is a public company listed on London Stock Exchange. |
| What is the stock symbol of Ashmore Group? | Ashmore Group trades under ASHM ticker. |
| When did Ashmore Group go public? | Ashmore Group went public in 2006. |
| Who are competitors of Ashmore Group? | Ashmore Group main competitors are Vukile Property Fund, Peugeot Invest, PSG Financial Services, Antin Infrastructure Partners. |
| What is the current market cap of Ashmore Group? | Ashmore Group's current market cap is $2B. |
| What is the current revenue of Ashmore Group? | Ashmore Group's last 12 months revenue is $190M. |
| What is the current revenue growth of Ashmore Group? | Ashmore Group revenue growth (NTM/LTM) is 9%. |
| What is the current EV/Revenue multiple of Ashmore Group? | Current revenue multiple of Ashmore Group is 5.8x. |
| Is Ashmore Group profitable? | Yes, Ashmore Group is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Ashmore Group? | Ashmore Group's last 12 months EBITDA is $65M. |
| What is Ashmore Group's EBITDA margin? | Ashmore Group's last 12 months EBITDA margin is 34%. |
| What is the current EV/EBITDA multiple of Ashmore Group? | Current EBITDA multiple of Ashmore Group is 16.8x. |
| What is the current FCF of Ashmore Group? | Ashmore Group's last 12 months FCF is $130M. |
| What is Ashmore Group's FCF margin? | Ashmore Group's last 12 months FCF margin is 68%. |
| What is the current EV/FCF multiple of Ashmore Group? | Current FCF multiple of Ashmore Group is 8.5x. |
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