N91 Stock Overview
Ninety One Group operates as an independent global asset manager worldwide.
Ninety One Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£2.21|
|52 Week High||UK£2.89|
|52 Week Low||UK£2.15|
|1 Month Change||-13.67%|
|3 Month Change||-7.30%|
|1 Year Change||-8.30%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||46.16%|
Recent News & Updates
|N91||GB Capital Markets||GB Market|
Return vs Industry: N91 exceeded the UK Capital Markets industry which returned -12.6% over the past year.
Return vs Market: N91 underperformed the UK Market which returned -3% over the past year.
|N91 Average Weekly Movement||5.2%|
|Capital Markets Industry Average Movement||4.8%|
|Market Average Movement||6.0%|
|10% most volatile stocks in GB Market||11.4%|
|10% least volatile stocks in GB Market||3.0%|
Stable Share Price: N91 is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: N91's weekly volatility (5%) has been stable over the past year.
About the Company
|1991||1,182||Hendrik du Toit||https://ninetyone.com|
Ninety One Group operates as an independent global asset manager worldwide. It serves private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations, and central banks, as well as large retail financial groups, wealth managers, public and private equity as well as debt, private banks, and intermediaries. It seeks to invest in South African companies struggling with the economic fallout from the spread of coronavirus.
Ninety One Group Fundamentals Summary
|N91 fundamental statistics|
Is N91 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|N91 income statement (TTM)|
|Cost of Revenue||UK£279.70m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.23|
|Net Profit Margin||30.92%|
How did N91 perform over the long term?See historical performance and comparison
7.0%Current Dividend Yield
Does N91 pay a reliable dividends?See N91 dividend history and benchmarks
|Ninety One Group dividend dates|
|Ex Dividend Date||Jul 14 2022|
|Dividend Pay Date||Aug 05 2022|
|Days until Ex dividend||49 days|
|Days until Dividend pay date||71 days|
Does N91 pay a reliable dividends?See N91 dividend history and benchmarks
Is Ninety One Group undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: N91 (£2.21) is trading below our estimate of fair value (£4.92)
Significantly Below Fair Value: N91 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: N91 is poor value based on its Price-To-Earnings Ratio (9.8x) compared to the UK Capital Markets industry average (9.3x).
PE vs Market: N91 is good value based on its Price-To-Earnings Ratio (9.8x) compared to the UK market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: N91's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: N91 is overvalued based on its Price-To-Book Ratio (5.9x) compared to the GB Capital Markets industry average (1.2x).
How is Ninety One Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: N91's earnings are forecast to decline over the next 3 years (-3% per year).
Earnings vs Market: N91's earnings are forecast to decline over the next 3 years (-3% per year).
High Growth Earnings: N91's earnings are forecast to decline over the next 3 years.
Revenue vs Market: N91's revenue (3% per year) is forecast to grow slower than the UK market (4.1% per year).
High Growth Revenue: N91's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: N91's Return on Equity is forecast to be very high in 3 years time (41.3%).
How has Ninety One Group performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: N91 has high quality earnings.
Growing Profit Margin: N91's current net profit margins (30.9%) are higher than last year (24.7%).
Past Earnings Growth Analysis
Earnings Trend: N91's earnings have grown by 8.7% per year over the past 5 years.
Accelerating Growth: N91's earnings growth over the past year (33%) exceeds its 5-year average (8.7% per year).
Earnings vs Industry: N91 earnings growth over the past year (33%) underperformed the Capital Markets industry 62.1%.
Return on Equity
High ROE: N91's Return on Equity (60.1%) is considered outstanding.
How is Ninety One Group's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: N91's short term assets (£11.5B) exceed its short term liabilities (£11.2B).
Long Term Liabilities: N91's short term assets (£11.5B) exceed its long term liabilities (£160.2M).
Debt to Equity History and Analysis
Debt Level: N91 is debt free.
Reducing Debt: N91 has not had any debt for past 5 years.
Debt Coverage: N91 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: N91 has no debt, therefore coverage of interest payments is not a concern.
What is Ninety One Group current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: N91's dividend (6.97%) is higher than the bottom 25% of dividend payers in the UK market (1.8%).
High Dividend: N91's dividend (6.97%) is in the top 25% of dividend payers in the UK market (4.82%)
Stability and Growth of Payments
Stable Dividend: N91 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: N91's dividend payments have increased, but the company has only paid a dividend for 2 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.6%), N91's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.5%), N91's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Hendrik du Toit (60 yo)
Mr. Hendrik Jacobus du Toit, B.Com. Law, B.Com. (Hons), M.Com., M.Phil., serves as Lead Independent Non-Executive Director at Naspers Limited since April 01, 2020 and its Independent Non-Executive Director...
CEO Compensation Analysis
Compensation vs Market: Hendrik's total compensation ($USD6.11M) is above average for companies of similar size in the UK market ($USD2.96M).
Compensation vs Earnings: Hendrik's compensation has increased by more than 20% in the past year.
Experienced Board: N91's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ninety One Group's employee growth, exchange listings and data sources
- Name: Ninety One Group
- Ticker: N91
- Exchange: LSE
- Founded: 1991
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: UK£2.015b
- Shares outstanding: 911.80m
- Website: https://ninetyone.com
Number of Employees
- Ninety One Group
- 36 Hans Strijdom Avenue
- Cape Town
- Western Cape
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/25 00:00|
|End of Day Share Price||2022/05/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.