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Ninety OneFRA:L91 -0.89%75 Equity-to-Asset is 0.05 as of Mar. 2026, which is 67% above its 10-year median of 0.03. GuruFocus rates FRA:L91 with a GF Score™ of 75/100 and a GF Value™ of €2.06. The stock has 7 warning signs investors should review. Among 1,618 Asset Management companies, Ninety One ranks worse than 97.28% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ninety One's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €810.1 Mil. Ninety One's Total Assets for the quarter that ended in Mar. 2026 was €17,157.3 Mil.
Therefore, Ninety One's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.05.
The historical rank and industry rank for Ninety One's Equity-to-Asset or its related term are showing as below:
FRA:L91'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.05
Current: 0.05
During the past 10 years, the highest Equity to Asset Ratio of Ninety One was 0.05. The lowest was 0.02. And the median was 0.03.
FRA:L91's Equity-to-Asset is ranked worse than 97.28% of 1618
companies
in the Asset Management industry
Industry Median: 0.83
vs FRA:L91: 0.05
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Ninety One Equity-to-Asset Related Terms
Ninety One Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Ninety One's Equity-to-Asset 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.
FRA:L91 vs BLK, BX, KKR: Equity-to-Asset Comparison
For the Asset Management subindustry, Ninety One's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ninety One's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Ninety One's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Ninety One's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 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 (FRA:L91) has a Equity-to-Asset of 0.05 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ninety One and its competitors. This is 67% above median its historical median of 0.03. Over the past decade, Ninety One's Equity-to-Asset has ranged from 0.02 to 0.05. According to the industry distribution chart, Ninety One ranks #1574 out of 1618 companies in the Asset Management industry, placing it in the top 97.3%.
Is Ninety One's Equity-to-Asset too high?
Ninety One's current Equity-to-Asset of 0.05 is 67% above median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.05. The Asset Management industry median Equity-to-Asset is 0.83. Ninety One's value of 0.05 is 94% below this industry median. Based on the distribution chart, Ninety One ranks #1574 out of 1618 companies in the Asset Management industry, which is in the bottom quartile relative to peers. 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 Equity-to-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Ninety One ranks #1574 out of 1618 companies for Equity-to-Asset. This places Ninety One in the lower half of its industry. The industry median Equity-to-Asset is 0.83. Ninety One's value of 0.05 is 94% below this benchmark. Historically, Ninety One's own Equity-to-Asset has ranged from 0.02 to 0.05 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 0.83, 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 Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,618 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ninety One's current Equity-to-Asset of 0.05 is 94% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ninety One and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ninety One's current Equity-to-Asset is 0.05, which is 67% above median its own 10-year median of 0.03. 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 Equity-to-Asset of 0.05. The stock's GF Value™ is €2.06, compared to a current price of €2.22 — trading 7.8% above its estimated fair value. The current Equity-to-Asset is 0.05, which is 67% above median its 10-year median of 0.03 and 94% below the Asset Management industry median of 0.83. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Ninety One (FRA:L91), the current Equity-to-Asset is 0.05 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 €2.22 is trading 7.8% above its estimated GF Value™ of €2.06.
Key valuation signals for FRA:L91:
Equity-to-Asset: 0.05 (67% above median its 10-year median of 0.03)
GF Value™: €2.06 vs. price of €2.22 (7.8% above fair value)
Industry Position: 94% below the Asset Management median (#1574 of 1618)
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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