Published on 22 May 2024 on Simply Wall St. via Yahoo Finance

The past five years for Ashmore Group (LON:ASHM) investors has not been profitable

In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But every investor is virtually certain to have both over-performing and under-performing stocks. At this point some shareholders may be questioning their investment in Ashmore Group Plc (LON:ASHM), since the last five years saw the share price fall 57%. Contrary to the longer term story, the last month has been good for stockholders, with a share price gain of 9.1%. But this could be related to good market conditions, with stocks up around 6.6% during the period.

Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns.