# Fidelity Asian Values PLC (FAS.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 630p, market value 395 millionp.

## Valuation
- **P/E (trailing): 5.7×** (5-yr avg 1540.3×, 3-yr avg 1650.7×). Fidelity Asian Values PLC trades at 5.7× trailing earnings, well below its own five-year average of 1540.3×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 0.1×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.00**. A PEG of 0.00 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.2×**. Each dollar of revenue is priced at 3.2×.
- **Price / book: 1.0×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 3.2×**. Enterprise value is 3.2× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 0.0%**. Free cash flow equals 0.0% of the market value.
- **Earnings yield: 17.4%**. The inverse of the P/E: 17.4% of the price is earned each year.

## Profitability
- **Gross margin: 94.3%**. Fidelity Asian Values PLC keeps 94.3% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 93.7%**. 93.7% of revenue is left after running the business, an exceptional level.
- **Net margin: 84.0%**. 84.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.8%**. 10.8% on shareholders' equity is solid.
- **Return on invested capital: 30.1%**. Return on all capital, debt included, is 30.1%: comfortably above what that capital costs.
- **Return on assets: 25.8%**. Each dollar of assets produces 25.8% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -6.7%** (3-yr 48.2%/yr). Revenue fell 6.7% over the last year.
- **EPS growth (1 yr): 287.5%** (3-yr 48.3%/yr). Earnings per share rose 287.5%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.
- **Cash and short-term investments: 28 millionp**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend: none**. Fidelity Asian Values PLC does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 10.1%** (YTD 6.7%, 3-mo 11.6%). The shares are up 10.1% over twelve months including dividends.
- **From 52-week high: -7.0%** (15.9% above the low). Trading 7% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 72**. An RSI of 72 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): 0.52** (volatility 18%). Beta of 0.52 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FAS.L · Page: https://foliofundamentals.com/stocks/fas.l

Not investment advice.