🚀 VC round data is live in beta, check it out!
- Public Comps
- Ninety One
Ninety One Valuation Multiples
Discover revenue and EBITDA valuation multiples for Ninety One and similar public comparables like Fibra Danhos, Artisan Partners, Anima Holding, Alony-Hetz and more.
Ninety One Overview
About Ninety One
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.
Founded
2019
HQ

Employees
1.2K
Website
Sectors
Financials (LTM)
Market Cap
$3B
Ninety One Financials
Ninety One reported last 12-month revenue of $880M and EBITDA of $296M.
In the same LTM period, Ninety One generated $296M in EBITDA and $223M in net income.
Revenue (LTM)
Ninety One P&L
In the most recent fiscal year, Ninety One reported revenue of $947M and EBITDA of $299M.
Ninety One expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $880M | XXX | $947M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $804M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 85% | XXX | XXX | XXX |
| EBITDA | $296M | XXX | $299M | XXX | XXX | XXX |
| EBITDA Margin | 34% | XXX | 32% | XXX | XXX | XXX |
| EBIT Margin | 33% | XXX | 27% | XXX | XXX | XXX |
| Net Profit | $223M | XXX | $204M | XXX | XXX | XXX |
| Net Margin | 25% | XXX | 22% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Ninety One Stock Performance
Ninety One has current market cap of $3B.
Market Cap Evolution
Ninety One's stock price is $2.96.
| Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|
| $3B | 0.0% | XXX | XXX | XXX | $0.23 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialNinety One Valuation Multiples
Ninety One trades at (17.1x) EV/Revenue multiple, and (50.9x) EV/EBITDA.
EV / Revenue (LTM)
Ninety One Financial Valuation Multiples
As of April 20, 2026, Ninety One has market cap of $3B.
Equity research analysts estimate Ninety One's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Ninety One has a P/E ratio of 12.0x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV (current) | ($15B) | XXX | ($15B) | XXX | XXX | XXX |
| EV/Revenue | (17.1x) | XXX | (15.9x) | XXX | XXX | XXX |
| EV/EBITDA | (50.9x) | XXX | (50.2x) | XXX | XXX | XXX |
| EV/EBIT | (52.4x) | XXX | (59.0x) | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | (18.7x) | XXX | XXX | XXX |
| P/E | 12.0x | XXX | 13.1x | XXX | XXX | XXX |
| EV/FCF | (63.4x) | XXX | (35.4x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Ninety One Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Ninety One Margins & Growth Rates
Ninety One's revenue in the last 12 month grew by 12%.
Ninety One's revenue per employee in the last FY averaged $0.8M, while opex per employee averaged $0.5M for the same period.
Ninety One's rule of 40 is 41% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Ninety One's rule of X is 52% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Ninety One Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 12% | XXX | (8%) | XXX | XXX | XXX |
| EBITDA Margin | 34% | XXX | 32% | XXX | XXX | XXX |
| EBITDA Growth | 14% | XXX | (2%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 41% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 52% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.8M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 20% | XXX | XXX | XXX |
| Opex to Revenue | 66% | XXX | 60% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Ninety One Public Comps
See public comps and valuation multiples for other PE & VC and Asset Management comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Ninety One | XXX | XXX | XXX | XXX | XXX | XXX |
| Fibra Danhos | XXX | XXX | XXX | XXX | XXX | XXX |
| Artisan Partners | XXX | XXX | XXX | XXX | XXX | XXX |
| Anima Holding | XXX | XXX | XXX | XXX | XXX | XXX |
| Alony-Hetz | XXX | XXX | XXX | XXX | XXX | XXX |
| Pinnacle Investment Management | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Ninety One M&A Activity
Ninety One acquired XXX companies to date.
Last acquisition by Ninety One was on XXXXXXXX, XXXXX. Ninety One acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Ninety One
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialNinety One Investment Activity
Ninety One invested in XXX companies to date.
Ninety One made its latest investment on XXXXXXXX, XXXXX. Ninety One invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Ninety One
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Ninety One
| When was Ninety One founded? | Ninety One was founded in 2019. |
| Where is Ninety One headquartered? | Ninety One is headquartered in South Africa. |
| How many employees does Ninety One have? | As of today, Ninety One has over 1K employees. |
| Is Ninety One publicly listed? | Yes, Ninety One is a public company listed on London Stock Exchange. |
| What is the stock symbol of Ninety One? | Ninety One trades under N91 ticker. |
| When did Ninety One go public? | Ninety One went public in 2020. |
| Who are competitors of Ninety One? | Ninety One main competitors are Fibra Danhos, Artisan Partners, Anima Holding, Alony-Hetz. |
| What is the current market cap of Ninety One? | Ninety One's current market cap is $3B. |
| What is the current revenue of Ninety One? | Ninety One's last 12 months revenue is $880M. |
| What is the current revenue growth of Ninety One? | Ninety One revenue growth (NTM/LTM) is 12%. |
| What is the current EV/Revenue multiple of Ninety One? | Current revenue multiple of Ninety One is (17.1x). |
| Is Ninety One profitable? | Yes, Ninety One is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Ninety One? | Ninety One's last 12 months EBITDA is $296M. |
| What is Ninety One's EBITDA margin? | Ninety One's last 12 months EBITDA margin is 34%. |
| What is the current EV/EBITDA multiple of Ninety One? | Current EBITDA multiple of Ninety One is (50.9x). |
| What is the current FCF of Ninety One? | Ninety One's last 12 months FCF is $237M. |
| What is Ninety One's FCF margin? | Ninety One's last 12 months FCF margin is 27%. |
| What is the current EV/FCF multiple of Ninety One? | Current FCF multiple of Ninety One is (63.4x). |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.