Ninety One Group
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 … Read more
Ninety One Group (NINTF) - Net Assets
Latest net assets as of September 2025: $391.00 Million USD
Based on the latest financial reports, Ninety One Group (NINTF) has net assets worth $391.00 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.64 Billion) and total liabilities ($13.25 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $391.00 Million |
| % of Total Assets | 2.87% |
| Annual Growth Rate | 8.35% |
| 5-Year Change | 47.49% |
| 10-Year Change | N/A |
| Growth Volatility | 26.15 |
Ninety One Group - Net Assets Trend (2017–2025)
This chart illustrates how Ninety One Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ninety One Group (2017–2025)
The table below shows the annual net assets of Ninety One Group from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $373.60 Million | +1.63% |
| 2024-03-31 | $367.60 Million | +5.06% |
| 2023-03-31 | $349.90 Million | +2.43% |
| 2022-03-31 | $341.60 Million | +34.86% |
| 2021-03-31 | $253.30 Million | +67.64% |
| 2020-03-31 | $151.10 Million | -22.77% |
| 2019-03-31 | $195.64 Million | -7.55% |
| 2018-03-31 | $211.61 Million | +7.63% |
| 2017-03-31 | $196.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ninety One Group's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 36800000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $368.00 Million | 98.55% |
| Common Stock | $403.70 Million | 108.11% |
| Total Equity | $373.40 Million | 100.00% |
Ninety One Group Competitors by Market Cap
The table below lists competitors of Ninety One Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UNIPHAR PLC EO -08
F:0NR
|
$954.96 Million |
|
Mercialys
PINK:MEIYF
|
$955.20 Million |
|
Chongqing Three Gorges Water Conservancy and Electric Power Co Ltd
SHG:600116
|
$955.67 Million |
|
InterRent Real Estate Investment Trust
PINK:IIPZF
|
$955.74 Million |
|
Guodian Nanjing Automation Co Ltd
SHG:600268
|
$954.10 Million |
|
Shaanxi Lighte Optoelectronics Material Co. Ltd. A
SHG:688150
|
$953.57 Million |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123
|
$953.24 Million |
|
Kent Gida Maddeleri Sanayi ve Ticaret AS
IS:KENT
|
$953.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ninety One Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 367,400,000 to 373,400,000, a change of 6,000,000 (1.6%).
- Net income of 150,100,000 contributed positively to equity growth.
- Dividend payments of 107,200,000 reduced retained earnings.
- Share repurchases of 48,100,000 reduced equity.
- Other comprehensive income increased equity by 1,247,200,000.
- Other factors decreased equity by 1,236,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $150.10 Million | +40.2% |
| Dividends Paid | $107.20 Million | -28.71% |
| Share Repurchases | $48.10 Million | -12.88% |
| Other Comprehensive Income | $1.25 Billion | +334.01% |
| Other Changes | $-1.24 Billion | -331.01% |
| Total Change | $- | 1.63% |
Book Value vs Market Value Analysis
This analysis compares Ninety One Group's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.26x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.21x to 4.26x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | $0.82 | $1.80 | x |
| 2018-03-31 | $0.88 | $1.80 | x |
| 2019-03-31 | $0.21 | $1.80 | x |
| 2020-03-31 | $0.16 | $1.80 | x |
| 2021-03-31 | $0.28 | $1.80 | x |
| 2022-03-31 | $0.37 | $1.80 | x |
| 2023-03-31 | $0.39 | $1.80 | x |
| 2024-03-31 | $0.41 | $1.80 | x |
| 2025-03-31 | $0.42 | $1.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ninety One Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 40.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.44%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 32.71x
- Recent ROE (40.20%) is below the historical average (62.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 65.19% | 21.63% | 0.07x | 42.31x | $108.05 Million |
| 2018 | 66.56% | 21.22% | 0.07x | 42.96x | $119.38 Million |
| 2019 | 71.67% | 20.07% | 0.08x | 45.12x | $120.31 Million |
| 2020 | 103.12% | 20.42% | 0.10x | 50.77x | $140.33 Million |
| 2021 | 60.98% | 20.43% | 0.08x | 39.12x | $129.08 Million |
| 2022 | 60.12% | 25.82% | 0.07x | 34.21x | $171.15 Million |
| 2023 | 46.83% | 21.97% | 0.07x | 30.91x | $128.82 Million |
| 2024 | 44.61% | 27.85% | 0.05x | 30.26x | $127.16 Million |
| 2025 | 40.20% | 21.44% | 0.06x | 32.71x | $112.76 Million |
Industry Comparison
This section compares Ninety One Group's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ninety One Group (NINTF) | $391.00 Million | 65.19% | 33.89x | $954.35 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |