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Ninety OneFRA:L91 -0.85%75 Cash Ratio is 1.01 as of Mar. 2026, which is 1% above its 10-year median of 1.00. GuruFocus rates FRA:L91 with a GF Score™ of 75/100 and a GF Value™ of €2.08. The stock has 7 warning signs investors should review. Among 684 Asset Management companies, Ninety One ranks worse than 59.06% on this metric.
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Ninety One Cash Ratio Related Terms
Ninety One Cash Ratio Historical Data
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The historical data trend for Ninety One's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Ninety One's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ninety One Cash Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ninety One's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Ninety One's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ninety One (FRA:L91) has a Cash Ratio of 1.01 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Ninety One and its competitors. This is near median its historical median of 1.00. Over the past decade, Ninety One's Cash Ratio has ranged from 0.99 to 1.01. According to the industry distribution chart, Ninety One ranks #404 out of 684 companies in the Asset Management industry, placing it in the top 59.1%.
Is Ninety One's Cash Ratio too high?
Ninety One's current Cash Ratio of 1.01 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 1.01. The Asset Management industry median Cash Ratio is 1.62. Ninety One's value of 1.01 is 37.5% below this industry median. Based on the distribution chart, Ninety One ranks #404 out of 684 companies in the Asset Management industry, which is below the industry midpoint. Overall, Ninety One has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Ninety One's Cash Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Ninety One ranks #404 out of 684 companies for Cash Ratio. This places Ninety One in the lower half of its industry. The industry median Cash Ratio is 1.62. Ninety One's value of 1.01 is 37.5% below this benchmark. Historically, Ninety One's own Cash Ratio has ranged from 0.99 to 1.01 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 1.62, Ninety One has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Asset Management company?
The median Cash Ratio among Asset Management companies is 1.62, based on 684 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ninety One's current Cash Ratio of 1.01 is 37.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Ninety One and its competitors. For the Asset Management industry, the median Cash Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ninety One's current Cash Ratio is 1.01, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ninety One stock overvalued right now?
Ninety One (FRA:L91) has a current Cash Ratio of 1.01. The stock's GF Value™ is €2.08, compared to a current price of €2.32 — trading 11.5% above its estimated fair value. The current Cash Ratio is 1.01, which is near median its 10-year median of 1.00 and 37.5% below the Asset Management industry median of 1.62. Ninety One's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Ninety One (FRA:L91), the current Cash Ratio is 1.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ninety One (FRA:L91) Overvalued in 2026?
Based on GuruFocus' analysis, Ninety One stock appears to be overvalued.
The current stock price of €2.32 is trading 11.5% above its estimated GF Value™ of €2.08.
Key valuation signals for FRA:L91:
Cash Ratio: 1.01 (near median its 10-year median of 1.00)
GF Value™: €2.08 vs. price of €2.32 (11.5% above fair value)
Industry Position: 37.5% below the Asset Management median (#404 of 684)
No single metric tells the full story. See the FRA:L91 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ninety One Ltd is an asset manager. The company provides a range of differentiated strategies managed by its specialist investment teams, providing access to a diverse range of asset classes and regions. It serves its client base via five regional teams namely Africa, the United Kingdom, Asia Pacific, the Americas and Europe and across two distribution channels Institutional and Advisor. Institutional clients include private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations and central banks, while Advisor clients include large retail groups, wealth managers, private banks and intermediaries serving individual investors.
75GF Score
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