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Ninety One Ltd
JSE:NY1

Watchlist Manager
Ninety One Ltd
JSE:NY1
Watchlist
Price: 4 617 Zac 0.04%
Market Cap: 81.2B ZAR

P/OCF

17.8
Current
4%
More Expensive
vs 3-y average of 17

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
17.8
=
Market Cap
Zac93.1B
/
Operating Cash Flow
£211.9m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
17.8
=
Market Cap
Zac93.1B
/
Operating Cash Flow
£211.9m

Valuation Scenarios

Ninety One Ltd is trading above its 3-year average

If P/OCF returns to its 3-Year Average (17), the stock would be worth Zac4 422.49 (4% downside from current price).

Statistics
Positive Scenarios
0/3
Maximum Downside
-48%
Maximum Upside
No Upside Scenarios
Average Downside
25%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 17.8 Zac4 617
0%
3-Year Average 17 Zac4 422.49
-4%
5-Year Average 13.8 Zac3 577.29
-23%
Country Average 9.3 Zac2 404.86
-48%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
ZA
Ninety One Ltd
JSE:NY1
81.2B ZAR 17.8 23.9
US
BlackRock Inc
NYSE:BLK
162.8B USD 41.5 26
US
Blackstone Inc
NYSE:BX
144.3B USD 31 47.3
CA
Brookfield Corp
NYSE:BN
99.3B USD 9 87.1
US
Bank of New York Mellon Corp
NYSE:BK
91.9B USD 0 17.3
US
KKR & Co Inc
NYSE:KKR
90.4B USD 189.2 40.4
CA
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
104.9B CAD 35.8 30.3
CA
Brookfield Asset Management Inc
NYSE:BAM
76.1B USD 36.2 30.6
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
64.9B EUR 35.6 30.1
US
Ameriprise Financial Inc
NYSE:AMP
42.8B USD 5.1 11
US
State Street Corp
NYSE:STT
42.2B USD 0 14.9

Market Distribution

Higher than 75% of companies in South Africa
Percentile
75th
Based on 20 companies
75th percentile
17.8
Low
1.4 — 2.5
Typical Range
2.5 — 13
High
13 —
Distribution Statistics
South Africa
Min 1.4
30th Percentile 2.5
Median 9.3
70th Percentile 13
Max 95.6

Ninety One Ltd
Glance View

Ninety One Ltd. has its roots intertwined with a transformative period in world history. Founded in 1991, amidst the socio-political upheaval during the end of apartheid in South Africa, the asset management company was born as Investec Asset Management. It embarked on its journey with a distinct purpose: to offer investment opportunities that would deliver better financial futures for clients and society at large. As the world evolved over the next few decades, so too did Ninety One, pivoting from its South African beginnings to establish a robust global presence. In 2020, the company rebranded to its current incarnation, Ninety One, symbolizing its legacy and foresight, while launching itself into new arenas of growth, underpinned by a dual listing on the Johannesburg and London Stock Exchanges. At its core, Ninety One operates with the intent to harness the winds of economic and social change, transforming them into lucrative pathways for institutional and individual investors alike. The company’s business model revolves around managing a diverse array of assets, including equities, fixed income, multi-asset, and alternative investments, catering to a global clientele seeking tailored financial strategies. Through strategies designed to capitalize on long-term market trends, Ninety One leverages its expertise to generate steady fees from assets under management (AUM). As it navigates the intricate tapestry of global markets, Ninety One strives to create value not merely through financial returns but also by adhering to sustainable investment principles, echoing a commitment to reshaping the future through conscious capital allocation.

NY1 Intrinsic Value
3 099.56 Zac
Overvaluation 33%
Intrinsic Value
Price Zac4 617
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