Ninety One Ltd
JSE:NY1
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its 3-Year Average (17), the stock would be worth Zac4 422.49 (4% downside from current price).
| 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
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| ZA |
N
|
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 |
B
|
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
| Min | 1.4 |
| 30th Percentile | 2.5 |
| Median | 9.3 |
| 70th Percentile | 13 |
| Max | 95.6 |
Other Multiples
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.