Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ninety One's Enterprise Value is R-193,683 Mil.
Ninety One's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was R4,790 Mil. Therefore, Ninety One's EV-to-EBIT ratio for today is -40.43.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ninety One's Enterprise Value is R-193,683 Mil.
Ninety One's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was R5,109 Mil. Therefore, Ninety One's EV-to-EBITDA ratio for today is -37.91.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ninety One's Enterprise Value is R-193,683 Mil.
Ninety One's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was R16,224 Mil. Therefore, Ninety One's EV-to-Revenue ratio for today is -11.94.
Ninety One Enterprise Value Historical Data
The historical data trend for Ninety One's Enterprise Value 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.
Competitive Comparison of Ninety One's Enterprise Value
For the Asset Management subindustry, Ninety One's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Ninety One's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Ninety One's Enterprise Value falls into.
Ninety One Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Ninety One's Enterprise Value for the fiscal year that ended in Mar. 2023 is calculated as
* 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 (JSE:NY1) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Ninety One's current Enterprise Value is R-193,683 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ninety One's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was R4,790 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Ninety One's current Enterprise Value is R-193,683 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ninety One's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was R5,109 Mil.
Ninety One's current Enterprise Value is R-193,683 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ninety One's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was R16,224 Mil.
* 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 Enterprise Value Related Terms
Thank you for viewing the detailed overview of Ninety One's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
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. Geographically, it derives a majority of revenue from the United Kingdom and others.
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