ASA International Group PLC (ASAI) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of ASA International Group PLC £4.52, price £2.26, upside +100.0%, quality 50 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 4, 2026.
How to read this chart
60‑month range £0.2098 – £2.78 · fair‑value band £2.71 – £5.65 · the £2.26 price screens below the £4.52 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 4, 2026.
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ASA International Group PLC operates as a microfinance institution in Asia and Africa. It provides various collateral-free loans, such as small business and MSME loans to start or grow businesses. The company serves primarily low-income female micro-entrepreneurs.
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ASA International Group PLC operates as a microfinance institution in Asia and Africa. It provides various collateral-free loans, such as small business and MSME loans to start or grow businesses. The company serves primarily low-income female micro-entrepreneurs. ASA International Group PLC was incorporated in 2007 and is headquartered in Amsterdam, the Netherlands.
Stock analysis
ASA International Group PLC (ASAI) currently trades at £2.26, while our model-based Fair Value estimate is £4.52, implying the stock looks roughly 50.0% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of £14.64 per share, and 5 of the 9 models we run sit above the £2.26 price.
Bear case: the Dividend Discount group reads lowest at £0.7500, and 4 of the 9 models stay below the price. Evidence for this calculation is high.
Scenario range: £2.71 (bear) to £5.65 (bull), the price of £2.26 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 50/100 (below-average quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
ASA International Group PLC reported revenue of $312M in FY2025 versus $197M in FY2021, a compound +12.2%/yr. Reported net income was $57.1M in FY2025, compounding +59.7%/yr from FY2021.
Key figures
Market cap 226M GBX · P/E ratio 4.0 · P/S ratio 0.74 · EPS (TTM) £0.5600 · Dividend yield 7.3% · Net margin 18.3% · Return on equity 45.8% · Return on assets (EBIT) 9.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 19% below its 52-week high and 40% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at 10% fair-value upside, at 100%, ASAI screens cheaper than that median.
Fair Value models
Bear £2.71Fair Value £4.52Bull £5.65
Price £2.26 · Upside +100.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (£0.3016 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+35.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+18.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+22.6%
Start year 2020 (pandemic). Over 10 years: +18.4% a year
Revenue growth 10 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+18.4%
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What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+61.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+54.4%
Dividend (yield on the price)7.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.21.7% vs 14.2%, picking up
Profit margin 2019 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.38% → 33%
2025 sits 219% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Credit Services · 330 stocks
Beats the industry median on 10/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside+100.0% · Top 25%
Profitability
Return on equity (TTM)45.8% · Top 25%
Return on assets9.9% · Top 25%
Net margin (TTM)25.5% · Above median
Operating margin (TTM)43.8% · Above median
Growth and dividend
Revenue growth32.3% · Above median
Dividend yield (TTM)7.3% · Top 25%
Balance sheet
Debt / equity0.96× · Above median
Valuation Multiplesvs Credit Services median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "ASA International Group PLC Fair Value". https://www.fairvalue-calculator.com/stock/ASAI
Frequently asked questions
Is ASA International Group PLC (ASAI) overvalued or undervalued?
As of Oct 4, 2026, our model estimates a fair value of £4.52 versus a price of £2.26, about +100% upside (undervalued).
What is the fair value of ASAI?
Our model-based fair value for ASA International Group PLC is £4.52 (as of Oct 4, 2026), built from audited fundamentals. The current price: £2.26.
What is the quality score of ASAI?
ASA International Group PLC has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for ASA International Group PLC (ASAI)?
Our model-based price target is the fair value of £4.52 (as of Oct 4, 2026) from 9 valuation models. Cautious scenario £2.71, optimistic scenario £5.65. It is a calculation from audited fundamentals, not an analyst target.
What is the ASA International Group PLC stock forecast for 2026?
Our models put fair value at £4.52, about +100% upside versus a price of £2.26 (undervalued). Cautious scenario £2.71, optimistic scenario £5.65. The calculation is refreshed regularly with new filings.
What is the revenue of ASA International Group PLC (ASAI)?
ASA International Group PLC reported trailing-twelve-month revenue of about $292M (latest available figure, as of Oct 4, 2026).
Does ASA International Group PLC pay a dividend?
ASA International Group PLC currently shows a dividend yield of about 7.26% relative to its recent price (as of Oct 4, 2026).
What is the intrinsic value of ASA International Group PLC (ASAI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ASA International Group PLC it is £4.52 per share (as of Oct 4, 2026), against a price of £2.26. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is ASA International Group PLC stock overvalued or undervalued in 2026?
As of Oct 4, 2026, ASAI trades below its calculated fair value: price £2.26, fair value £4.52, a gap of about +100% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ASAI?
No. The price is what the market pays today (£2.26); the fair value is what the company's own numbers justify (£4.52). For ASA International Group PLC the two are £2.26 per share apart. That gap is exactly why we show both numbers side by side.
How much is ASA International Group PLC worth?
The market values ASA International Group PLC at about 226M GBX (market capitalisation, as of Oct 4, 2026). Per share that is £2.26; our models calculate a fair value of £4.52 per share.
What do the bullish and bearish scenarios say about ASAI?
Our models span a range for ASA International Group PLC: cautious scenario £2.71, base £4.52, optimistic £5.65 per share (as of Oct 4, 2026, price £2.26). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ASAI?
ASA International Group PLC trades at a price-to-earnings ratio of 4.0 (as of Oct 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £4.52 is built from several models across several years. Other multiples: P/B 1.8, P/S 1.0, EV/EBITDA 3.0.
How solid is the balance sheet of ASA International Group PLC (ASAI)?
Balance-sheet figures for ASA International Group PLC (as of Oct 4, 2026): return on equity 45.8%, debt of 0.96 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is ASAI from its 52-week high?
ASA International Group PLC trades at £2.26, about 19% below its 52-week high of £2.78 and 40% above the low of £1.62 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of £4.52 is for.
Which stocks are comparable to ASA International Group PLC?
From the same area (Financial Services) we also value Visa Inc, Mastercard Incorporated, American Express Company, Capital One Financial Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is ASA International Group PLC stock attractive at the current price?
The data as of Oct 4, 2026: price £2.26, calculated fair value £4.52 (+100%), Quality Score 50/100, from 9 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ASAI calculated?
We run ASA International Group PLC through 9 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of £4.52, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.0 % above its aggregate fair value. ASA International Group PLC currently trades 50 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of ASA International Group PLC (ASAI)?
The closing price on Oct 2, 2026 was £2.26. Our model-based fair value is £4.52, about +100% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ASA International Group PLC right now?
The price is below even our cautious bear case (£2.71). The market is more pessimistic than our downside scenario. Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (£2.71 to £5.65) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of ASA International Group PLC (ASAI) come from?
Earnings per share at ASA International Group PLC grew +9.2 % a year from 2015 to 2025. Broken into its drivers: revenue per share +16.6 %, EBIT margin −6.1 %, tax rate −2.8 %, residual (interest, one-offs) +2.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of ASA International Group PLC
How large is the market capitalisation of ASA International Group PLC (ASAI)?
The market capitalisation of ASA International Group PLC is 226M GBX. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of ASA International Group PLC (ASAI)?
The price-to-sales ratio of ASA International Group PLC is 0.74 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of ASA International Group PLC (ASAI)?
Earnings per share at ASA International Group PLC are £0.5600 (price ÷ EPS = P/E 4.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of ASA International Group PLC (ASAI)?
The dividend yield of ASA International Group PLC is 7.3% (payout 29.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of ASA International Group PLC (ASAI)?
The net margin of ASA International Group PLC is 18.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of ASA International Group PLC (ASAI)?
The return on equity (ROE) of ASA International Group PLC is 45.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of ASA International Group PLC (ASAI)?
On an EBIT basis the return on assets of ASA International Group PLC is 9.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of ASA International Group PLC (ASAI)?
The operating margin of ASA International Group PLC is 43.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ASA International Group PLC (ASAI)?
Revenue at ASA International Group PLC is growing +32.3% versus a year earlier (3y avg +18.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at ASA International Group PLC (ASAI)?
Earnings per share at ASA International Group PLC are growing +63.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does ASA International Group PLC (ASAI) generate?
The free cash flow of ASA International Group PLC is −$60.6M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does ASA International Group PLC (ASAI) carry?
The net debt of ASA International Group PLC is $306M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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