Ninety One (LSE:N91) Moat Score: 5/10 (As of Jul. 09, 2026)


LSE:N91 Ninety One PLC LSE:N91
77 GF Score
Price £2.11
GF Value £1.80
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Ninety One Moat Score?

Ninety One LSE:N91 -1.86% 77 Moat Score is 5 as of Jul. 09, 2026. GuruFocus rates LSE:N91 with a GF Score™ of 77/100 and a GF Value™ of £1.80 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,699 Asset Management companies, Ninety One ranks better than 98.06% on this metric.

Ninety One has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Ninety One has Narrow Moat: Ninety One PLC has a solid narrow moat due to its strong brand in asset management and customer loyalty. It benefits from economies of scale and a robust distribution network. However, it lacks significant regulatory barriers or unique intellectual property that would elevate it to a wide moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Ninety One might have Narrow Moat - Solid narrow moat.

Ninety One  (LSE:N91) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Ninety One Moat Score Related Terms

LSE:N91 vs BLK, BX, KKR: Moat Score Comparison

For the Asset Management subindustry, Ninety One's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Ninety One's Moat Score distribution charts can be found below:

* The bar in red indicates where Ninety One's Moat Score falls into.


LSE:N91
77GF Score
Ninety One PLC LSE:N91
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
Ninety One (LSE:N91) has a Moat Score of 5 as of Jul. 09, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Ninety One ranks #33 out of 1699 companies in the Asset Management industry, placing it in the top 1.9%.
Is Ninety One's Moat Score too high?
Ninety One's current Moat Score is 5. Based on the distribution chart, Ninety One ranks #33 out of 1699 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Ninety One has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ninety One's Moat Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Ninety One ranks #33 out of 1699 companies for Moat Score. This places Ninety One in the top 2% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Asset Management company?
A good Moat Score depends on the Asset Management industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Ninety One's current Moat Score is 5. 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?
Based on GuruFocus' analysis, Ninety One (LSE:N91) is currently considered Modestly Overvalued. The stock's GF Value™ is £1.80, compared to a current price of £2.11 — trading 17.2% above its estimated fair value. The current Moat Score is 5. Ninety One's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Ninety One (LSE:N91), the current Moat Score is 5 as of Jul. 09, 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 (LSE:N91) Overvalued in 2026?

Based on GuruFocus' analysis, Ninety One stock appears to be overvalued. The current stock price of £2.11 is trading 17.2% above its estimated GF Value™ of £1.80. GuruFocus considers Ninety One to be Modestly Overvalued.

Key valuation signals for LSE:N91:

  • Moat Score: 5
  • GF Value™: £1.80 vs. price of £2.11 (17.2% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the LSE:N91 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ninety One Business Description

Address 55 Gresham Street, London, GBR, EC2V 7EL
Ninety One PLC is engaged in the business of investment management. The company deals in four core asset classes - Equities, Fixed income, Multi-Asset and Alternative Strategies. It provides portfolio management, investment advisory, and other financial services.
77GF Score

Get the complete analysis for LSE:N91

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£2.11
Price
£1.80
GF Value