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ASHM Ashmore Group Plc

156.00
-2.40 (-1.52%)
Last Updated: 15:17:20
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ashmore Group Plc LSE:ASHM London Ordinary Share GB00B132NW22 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  -2.40 -1.52% 156.00 231,974 15:17:20
Bid Price Offer Price High Price Low Price Open Price
155.80 156.10 158.30 154.00 158.30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Mgmt Invt Offices, Open-end 189M 93.7M 0.1413 11.04 1.05B
Last Trade Time Trade Type Trade Size Trade Price Currency
15:17:20 AT 785 156.00 GBX

Ashmore (ASHM) Latest News

Ashmore (ASHM) Discussions and Chat

Ashmore Forums and Chat

Date Time Title Posts
14/3/202508:07Ashmore Group Looking Good252
14/10/202007:01Ashmore Group – now in FTSE-250427
03/3/201613:18Ashmore Group10

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Ashmore (ASHM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:17:20156.007851,224.60AT
15:17:19156.008861,382.16AT
15:17:19156.107621,189.48AT
15:17:19156.1011.56AT
15:17:14156.20512799.74AT

Ashmore (ASHM) Top Chat Posts

Top Posts
Posted at 27/3/2025 08:20 by Ashmore Daily Update
Ashmore Group Plc is listed in the Mgmt Invt Offices, Open-end sector of the London Stock Exchange with ticker ASHM. The last closing price for Ashmore was 158.40p.
Ashmore currently has 663,259,394 shares in issue. The market capitalisation of Ashmore is £1,034,684,655.
Ashmore has a price to earnings ratio (PE ratio) of 11.04.
This morning ASHM shares opened at 158.30p
Posted at 14/3/2025 08:07 by cwa1
*UBS RAISES ASHMORE GROUP TO 'BUY' (NEUTRAL) - PRICE TARGET 180 (175) PENCE
Posted at 17/1/2025 15:24 by brucie5
Cerrito17 Jan '25 - 10:07 - 244 of 244
We note that 70% of the share price is now explained by the balance sheet surplus capital of the group, and implicitly only 30% from the future operating earnings.’
--------------------------------------------
Hence fact that EV is so much cheaper than mcap, given that the latter is constructed by adding debt but subtracting cash...? And on that basis the share is cheaper than its mcap might suggest, and the other four shown above.
Posted at 17/1/2025 10:07 by cerrito
From Citywire this morning
quote
Specialist emerging market asset manager Ashmore (ASHM) has seen some improvement in fund flows but Deutsche Bank warns the outlook for the group is still difficult.

Analyst David McCann retained his ‘hold’ recommendation and target price of 150p on the Citywire Elite Companies A-rated stock, which was trading down 3% at 151p at the time of writing on Thursday, taking its 12-month decline to 32%.

A second-quarter update showed assets under management were in line with expectations and ‘net outflows were actually slightly better than we and consensus expected’, said McCann, while the management commentary ‘talks to investors recognising the attractions of emerging markets, notwithstanding̷0; more volatile market conditions in emerging markets’.

McCann said there was ‘reported improvement in a relatively difficult backdrop in the quarter’ but that the ‘short- and medium-term outlook is unfavourable’.

‘However, we think the share price fairly reflects this, driving our “hold” recommendation. We note that 70% of the share price is now explained by the balance sheet surplus capital of the group, and implicitly only 30% from the future operating earnings.’
Posted at 16/1/2025 19:14 by cerrito
Thanks for that Brucie5.
As a REC holder I personally do not think there is much comparison of REC and ASHM.
Given the speciality of ASHM the fact that their AUM/Marcap ratio is double that of LIO does not raise my eyebrows.
Posted at 16/1/2025 16:00 by brucie5
Some AUM vs mcap and EV ratios that I've knocked up. Showing in descending order of cheapness. I don't currently hold REC, which has rather hybrid business, so not strictly like with like though it is described as an 'asset manager'.

IPX 34.1bln/268 mln =.78%
REC 106bln/97mln = .92
LIO 25 bln/259mln =1%
ASHM 49 bln/1bln =2%
POLR 24 bln/491mlm =2%

Same exercise, using Enterprise Value (MCAP + debt -Cash) gives me the following order:
(167m) IPX .49%
(316m) ASHM .64%
(167m) LIO .67%
(82mln) REC .77%
346m) POLR 1.45%)
Posted at 11/1/2025 11:49 by aliverpoolgent
Morning Cerrito and all. I'm looking to buy a few more myself. I'm below water here at a c25% loss and not best pleased. Wall Street tumbled a bit yesterday and next week may be a bit choppy so there may be an opportunity to pick a few up at a good price. Maybe thought it would be best to wait for DTrump to get elected and hear what he has to say about China (and by effect the Far East). If he's a bit financially belligerent towards China I'd expect ASHM to be effected negatively and then may be the time to buy? You're views would be welcome to me. Certainly a good company in, relatively, good shape that can ride out a lot of turbulence. Enjoy the weekend posters and keep warm!. Time for lunch. It's soup. Mmmm. ALgent.
Posted at 08/1/2025 11:05 by thebutler
Reason for today's drop:

JPMorgan cuts Ashmore Group price target to 152 (155) pence - 'underweight'

Jefferies cuts Ashmore Group to 'hold' (buy) - price target 170 (220) pence

Jefferies note in more detail:

Jefferies downgraded Ashmore on Wednesday to 'hold' from 'buy' and it cut the price target to 170p from 220p as it said it was moving to the sidelines until a macro catalyst emerges.

The bank said macroeconomic and geopolitical uncertainty has continued to weigh on emerging market (EM) flows, and it now expects the fund flow inflection for Ashmore to take longer to materialise. It forecasts net new money to turn positive in FY 1H26.

"Geopolitics and uncertainty over the path of Fed rate cuts have led to renewed uncertainty for emerging markets," Jefferies said.

Jefferies said the market is currently pricing in Fed rate cuts of only 65 basis points in 2025, down from 140 basis points at the end of September,

"We expect this to continue to weigh on demand for EM external debt funds as the yield differential versus Treasuries becomes less attractive," it said.

"For EM local currency debt, the significant strengthening of the USD since end-Sept is likely to continue to be a headwind. The outlook for EM equities, meanwhile, remains uncertain, as potential new US tariffs could disrupt supply chains and weigh further on investor sentiment."

Jefferies said it expects a deterioration in net new money for Ashmore, consistent with macro flows, as well as negative mark-to-market.

"Recent share price weakness and fundamental support - excess capital is 50% of market cap and 10% dividend yield looks secure - limits further downside, but we downgrade Ashmore to hold as our new 170p PT offers insufficient upside."
Posted at 30/12/2024 15:01 by cherryandwhite1
Crikey it's lowest share price in 15 years. What on earth is going on here.
Posted at 13/11/2024 19:53 by finkie
Bought this afternoon 173p I think the trump comments are valid but these businesses will be ok medium term. Divi cover yes tight but like a few other companies hoping they maintain to avoid a price riot. I’ve sat and waited on similar shares over the years it might go to 160p but equally could go back over 200p. Over 5 years this is down a massive amount so hoping the share price falls are almost done Cheers
Posted at 14/10/2024 11:04 by martinmc123
Another fund manager reporting net outflows during the quarter albeit only modest ones but an increase in overall AUM. Assets under management increased by US$2.5 billion over the period, comprising positive investment performance of US$3.2 billion and net outflows of US$0.7 billion. This performance was mostly driven by solid EM market performance over the period. This is pretty decent compared to some of the other asset managers who have reported for Q3, share price has bounced a little this morning. But longer run ASHM hasn’t been doing particularly well...from WealthOracle

wealthoracle.co.uk/detailed-result-full/ASHM/868
Ashmore share price data is direct from the London Stock Exchange

Ashmore Frequently Asked Questions (FAQ)

What is the current Ashmore share price?
The current share price of Ashmore is 156.00p
How many Ashmore shares are in issue?
Ashmore has 663,259,394 shares in issue
What is the market cap of Ashmore?
The market capitalisation of Ashmore is GBP 1.05B
What is the 1 year trading range for Ashmore share price?
Ashmore has traded in the range of 140.70p to 220.00p during the past year
What is the PE ratio of Ashmore?
The price to earnings ratio of Ashmore is 11.04
What is the cash to sales ratio of Ashmore?
The cash to sales ratio of Ashmore is 5.47
What is the reporting currency for Ashmore?
Ashmore reports financial results in GBP
What is the latest annual turnover for Ashmore?
The latest annual turnover of Ashmore is GBP 189M
What is the latest annual profit for Ashmore?
The latest annual profit of Ashmore is GBP 93.7M
What is the registered address of Ashmore?
The registered address for Ashmore is 61 ALDWYCH, LONDON, WC2B 4AE
What is the Ashmore website address?
The website address for Ashmore is www.ashmoregroup.com
Which industry sector does Ashmore operate in?
Ashmore operates in the MGMT INVT OFFICES, OPEN-END sector