Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ninety One's share price for the quarter that ended in Sep. 2023 was R39.04. Ninety One's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 911 Mil. Therefore, Ninety One's market cap for the quarter that ended in Sep. 2023 was R35,585 Mil.
Ninety One's quarterly market cap
increased
from Sep. 2022 (R32,277 Mil) to Mar. 2023 (R37,407 Mil) but then
declined
from Mar. 2023 (R37,407 Mil) to Sep. 2023 (R35,585 Mil).
Ninety One's annual market cap
increased
from Mar. 2021 (R44,290 Mil) to Mar. 2022 (R45,222 Mil) but then
declined
from Mar. 2022 (R45,222 Mil) to Mar. 2023 (R37,407 Mil).
Enterprise Value is 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 and cash equivalents. Ninety One's Enterprise Value for Today is R-193,683 Mil.
Ninety One Market Cap Historical Data
The historical data trend for Ninety One's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Ninety One's Market Cap distribution charts can be found below:
* The bar in red indicates where Ninety One's Market Cap falls into.
Ninety One Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Ninety One's Market Cap 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Ninety One Market Cap Related Terms
Thank you for viewing the detailed overview of Ninety One's Market Cap 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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