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Ninety One
(LSE:N91)
Ninety One (N91) vs. iShares MSCI United Kingdom ETF (EWC)
Ninety One Business Overview & Revenue Model
Ninety One Earnings Call Summary
Ninety One Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 732.90M | 588.50M | 700.00M | 745.50M | 795.10M | 755.90M |
| Gross Profit | 0.00 | 295.50M | 594.60M | 627.10M | 663.90M | 625.10M |
| EBITDA | 212.70M | 234.20M | 221.40M | 231.20M | 286.10M | 224.60M |
| Net Income | 158.00M | 163.90M | 150.10M | 163.80M | 205.30M | 154.40M |
Balance Sheet | ||||||
| Total Assets | 13.64B | 11.12B | 12.21B | 10.81B | 11.68B | 9.90B |
| Cash, Cash Equivalents and Short-Term Investments | 351.40M | 378.50M | 11.79B | 10.34B | 11.18B | 9.40B |
| Total Debt | 81.60M | 94.70M | 86.60M | 102.70M | 109.40M | 110.40M |
| Total Liabilities | 13.25B | 10.75B | 11.84B | 10.46B | 11.34B | 9.65B |
| Stockholders Equity | 390.80M | 367.40M | 373.40M | 349.80M | 341.50M | 253.20M |
Cash Flow | ||||||
| Free Cash Flow | 210.20M | 169.30M | 314.00M | 73.40M | 653.20M | 440.00M |
| Operating Cash Flow | 214.40M | 171.80M | 318.40M | 74.60M | 654.60M | 459.40M |
| Investing Cash Flow | -6.80M | -4.40M | -7.80M | 2.40M | -393.10M | -408.70M |
| Financing Cash Flow | -163.90M | -163.80M | -165.40M | -164.30M | -145.70M | -68.90M |
Ninety One Technical Analysis
Ninety One Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | £3.74B | 11.78 | 6.50% | 7.21% | -7.11% | 0.45% | |
78 Outperform | £3.84B | 12.05 | 41.56% | 5.93% | 4.28% | 5.18% | |
77 Outperform | £6.47B | 18.23 | 8.30% | 5.37% | 4.78% | -4.86% | |
76 Outperform | £2.07B | 32.82 | 4.75% | 4.91% | 14.05% | -3.07% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | $2.53B | -2,142.22 | -0.05% | 3.40% | -28.04% | -102.43% | |
61 Neutral | £6.97B | -121.54 | -1.53% | 7.09% | 9.86% | -134.41% |
Ninety One Corporate Events
Ninety One plc has repurchased 58,462 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback programme initiated in March 2025, with the shares acquired at an average price of 219.36 pence and earmarked for cancellation. The transaction, executed via broker Citigroup Global Markets, marginally reduces the company’s share count, contributing to capital management efforts and potentially enhancing value per share for existing investors, while underscoring its continued commitment to returning capital to shareholders.
The most recent analyst rating on (GB:N91) stock is a Hold with a £209.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One has disclosed a series of small share acquisitions in Ninety One plc by senior executives and a key subsidiary director under its Share Incentive Plan, in line with regulatory requirements in London and Johannesburg. Company secretary Amina Rasool, group CEO Hendrik du Toit, director Kim McFarland and major-subsidiary director David Weaire each acquired modest volumes of ordinary shares on 6 January 2026 through the automatic reinvestment of cash dividends into “Dividend Shares” at £2.216 per share, signalling continued alignment between management and shareholders while underscoring the firm’s adherence to market abuse and listing disclosure rules in both jurisdictions.
The most recent analyst rating on (GB:N91) stock is a Hold with a £209.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One plc has disclosed that its issued ordinary share capital comprises 627,012,193 ordinary shares of £0.0001 each, with each share carrying one voting right and no shares held in treasury, resulting in an identical total of 627,012,193 voting rights. The company noted that this figure should be used by shareholders as the reference denominator when calculating whether they must notify the regulator and the company of any holdings or changes in holdings under the FCA’s Disclosure Guidance and Transparency Rules, reinforcing transparency requirements for significant shareholders across its London and Johannesburg listings.
The most recent analyst rating on (GB:N91) stock is a Hold with a £209.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One’s Guernsey Employee Benefit Trust has purchased a total of 88,016 Ninety One plc ordinary shares on the London market in two transactions on 24 and 29 December 2025, for an aggregate consideration of about £188,579. The on-market acquisitions, disclosed in line with London and Johannesburg listing requirements, are intended to support the group’s employee incentive and benefit schemes, marginally increasing the trust’s holding and underscoring the company’s ongoing use of equity-based compensation as part of its broader remuneration strategy.
The most recent analyst rating on (GB:N91) stock is a Hold with a £209.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One PLC has initiated a share repurchase program, recently buying 45,566 of its ordinary shares through Citigroup Global Markets Limited. These shares, acquired at an average price of 209.6100 GB pence, will be canceled, marking a strategic move to enhance shareholder value and optimize capital structure, reflecting the company’s proactive approach to managing equity.
The most recent analyst rating on (GB:N91) stock is a Hold with a £209.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One plc announced the repurchase of 90,085 of its ordinary shares on December 16, 2025, as part of its ongoing share repurchase program. The shares were bought at an average price of 209.5800 GP pence per share and will be canceled, reflecting the company’s strategic move to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:N91) stock is a Hold with a £209.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One plc announced the repurchase of 63,371 of its ordinary shares on 15 December 2025, as part of its ongoing share repurchase program initiated earlier in the year. This move, executed through Citigroup Global Markets Limited, reflects the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:N91) stock is a Hold with a £209.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One plc announced the repurchase of 109,455 of its ordinary shares on 12 December 2025, as part of its ongoing share repurchase programme initiated earlier in March 2025. The shares were bought through Citigroup Global Markets Limited and will be cancelled, reflecting the company’s strategic approach to managing its capital structure and potentially enhancing shareholder value.
The most recent analyst rating on (GB:N91) stock is a Hold with a £209.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One plc announced the repurchase of 109,737 of its ordinary shares on December 11, 2025, as part of its share repurchase program initiated earlier in March 2025. This move is likely aimed at consolidating ownership and potentially enhancing shareholder value, reflecting the company’s strategic financial management and market positioning.
The most recent analyst rating on (GB:N91) stock is a Hold with a £209.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One plc has announced the repurchase of 103,193 of its ordinary shares, which will be cancelled, as part of its share repurchase program initiated in March 2025. This move is in line with the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value, reflecting a proactive approach in its financial management.
The most recent analyst rating on (GB:N91) stock is a Hold with a £209.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One plc announced the repurchase of 100,426 of its ordinary shares through its broker, Citigroup Global Markets Limited. This action is part of the company’s share repurchase program initiated in March 2025, reflecting a strategic move to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:N91) stock is a Hold with a £209.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One plc has announced the repurchase of 110,000 of its ordinary shares through Citigroup Global Markets Limited, as part of its ongoing share repurchase programme initiated earlier in March 2025. This move is likely aimed at enhancing shareholder value and optimizing capital structure, reflecting the company’s strategic focus on maintaining a robust financial position.
The most recent analyst rating on (GB:N91) stock is a Buy with a £240.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One plc has announced the repurchase of 85,346 of its ordinary shares on December 4, 2025, as part of its ongoing share repurchase program initiated in March 2025. The shares were bought at an average price of 208.2700 pence and will be cancelled, reflecting the company’s strategy to enhance shareholder value and optimize its capital structure.
The most recent analyst rating on (GB:N91) stock is a Hold with a £222.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One has announced transactions involving directors and key managerial personnel, highlighting acquisitions of shares on the London Stock Exchange. This notification is in compliance with regulatory requirements, reflecting the company’s commitment to transparency and adherence to market regulations, potentially impacting stakeholders’ perception of governance practices.
The most recent analyst rating on (GB:N91) stock is a Hold with a £222.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One plc has announced its total voting rights, revealing that its issued ordinary share capital consists of 627,829,372 ordinary shares, each carrying one voting right. This disclosure is in line with the FCA’s Disclosure Guidance and Transparency Rule, allowing shareholders to calculate their interests in the company accurately.
The most recent analyst rating on (GB:N91) stock is a Buy with a £242.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One has announced a notification of transactions involving its directors and persons closely associated with them, in compliance with UK and JSE regulations. The transactions involved the acquisition of shares on the London Stock Exchange, reflecting the company’s adherence to regulatory requirements and transparency in its operations.
The most recent analyst rating on (GB:N91) stock is a Buy with a £242.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One has announced transactions involving the acquisition of shares by individuals closely associated with its directors and prescribed officers. This notification, required under UK and South African regulations, highlights the acquisition of ordinary shares by associates of key directors, including Hendrik du Toit and Kim McFarland, at the London Stock Exchange. Such transactions are significant as they reflect the confidence of insiders in the company’s future prospects and can influence stakeholder perceptions.
The most recent analyst rating on (GB:N91) stock is a Buy with a £242.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One has announced transactions involving directors and persons with managerial responsibilities, as well as their associates, in compliance with regulatory requirements. The transactions involved the acquisition of shares on the London Stock Exchange, reflecting the company’s adherence to transparency and regulatory standards, potentially impacting stakeholder perceptions and market positioning.
The most recent analyst rating on (GB:N91) stock is a Buy with a £242.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One has reported a significant increase in its assets under management, reaching £152.1 billion, marking a 19% rise over the past year. The company has seen a 12% increase in adjusted operating profit and a 15% rise in adjusted earnings per share. The relationship with Sanlam has contributed positively to these results, with a notable £1.9 billion AUM from the UK transaction. The company is focusing on growth in international public markets, Southern Africa, and private markets, while also investing in technology and innovation, including AI and digital finance, to enhance client service and operational efficiency.
The most recent analyst rating on (GB:N91) stock is a Hold with a £226.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.
Ninety One plc has announced its total voting rights, revealing an issued ordinary share capital of 627,829,372 shares, each carrying one voting right. This disclosure is in line with the FCA’s transparency rules, allowing shareholders to calculate their interests in the company accurately. The announcement underscores Ninety One’s commitment to regulatory compliance and transparency, which could enhance stakeholder trust and potentially impact its market position positively.
The most recent analyst rating on (GB:N91) stock is a Buy with a £249.00 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.