ATLAS fair value
ZAR 31.42
Above fair value · 31% premium
Ninety One share price today, ATLAS forecast and fair value
Financial Services · Asset Management · Johannesburg Stock Exchange · South Africa
Prices as of Oct 27, 2026 · ZAR
ZAR 31.42
Above fair value · 31% premium
54%
that it ends higher than today in 21 sessions
ATLAS's own quantitative analysis, all in one place.
Plans from €3.99 a month.
ATLAS estimates Ninety One's fair value at about ZAR 31.42 per share (reasonable range: ZAR 28.28 to ZAR 34.56). At ZAR 41.18, the stock trades 31% above it.
It is calculated with valuation multiples of comparable companies. Confidence in the estimate is medium. It is an estimate, not a promise: if the company's results change, so does its fair value.
ATLAS's model gives Ninety One a 54% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.
In half of the simulated outcomes the price ends between ZAR 40.06 and ZAR 42.71; in 9 out of 10, between ZAR 37.84 and ZAR 45.21. Estimated annual volatility is 16%.
These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. Ninety One sits above fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.
Over the last 52 weeks NY1.JSE has traded between ZAR 40.58 and ZAR 57.54. Today it is 28.4% below that high and 1% above its low.
On the business: net margin is 23.6%; it trades at 10.5 times earnings.
Its beta is 0.76: it tends to move less than the market.
Ninety One Group operates as an independent global asset manager worldwide.
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Other companies in the same line of business:
About ZAR 31.42 per share according to ATLAS (reasonable range: ZAR 28.28 to ZAR 34.56). With the stock at ZAR 41.18, it is 31% above it.
54%: close to a coin flip. In half of the simulated outcomes, NY1.JSE ends the month between ZAR 40.06 and ZAR 42.71.
Its price-to-earnings (P/E) ratio is 10.5: you pay ZAR 10.5 for each ZAR 1.00 of yearly earnings.
ATLAS estimates annual volatility at 16%. In a typical month, half of the outcomes end between ZAR 40.06 and ZAR 42.71.
Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer
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