ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Jupiter Fund Management's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 20.09%.
As of today (2026-06-26), Jupiter Fund Management's WACC % is 15.86%. Jupiter Fund Management's ROC % is 12.06% (calculated using TTM income statement data).
Jupiter Fund Management earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Jupiter Fund Management (LSE:JUP) ROC % Explanation
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Jupiter Fund Management's WACC % is 15.86%. Jupiter Fund Management's ROC % is 12.06% (calculated using TTM income statement data).
Jupiter Fund Management earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
* 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.
Note:
The Operating Income data used here is two times the semi-annual (Dec. 2025) data.
The tax rate is limited to between 0% and 100%.
* 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.
Jupiter Fund Management (LSE:JUP) has a ROC % of 20.09% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Jupiter Fund Management and its competitors.
Is Jupiter Fund Management's ROC % too high?
Jupiter Fund Management's current ROC % is 20.09%. The Asset Management industry median ROC % is 1.21. Jupiter Fund Management's value of 20.09% is 1560.3% above this industry median. Overall, Jupiter Fund Management has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jupiter Fund Management's ROC % compare to BLK and BX?
Jupiter Fund Management's ROC % of 20.09% can be compared against companies in the Asset Management industry. The industry median ROC % is 1.21. Jupiter Fund Management's value of 20.09% is 1560.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Asset Management company?
The median ROC % among Asset Management companies is 1.21, based on 709 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jupiter Fund Management's current ROC % of 20.09% is 1560.3% above 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Jupiter Fund Management and its competitors. For the Asset Management industry, the median ROC % is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jupiter Fund Management's current ROC % is 20.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jupiter Fund Management stock overvalued right now?
Based on GuruFocus' analysis, Jupiter Fund Management (LSE:JUP) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.90, compared to a current price of £1.64 — trading 82% above its estimated fair value. The current ROC % is 20.09% and 1560.3% above the Asset Management industry median of 1.21. Jupiter Fund Management's overall GF Score™ is 59/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Jupiter Fund Management (LSE:JUP), the current ROC % is 20.09% as of Dec. 2025. 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 Jupiter Fund Management (LSE:JUP) Overvalued in 2026?
Based on GuruFocus' analysis, Jupiter Fund Management stock appears to be overvalued.
The current stock price of £1.64 is trading 82% above its estimated GF Value™ of £0.90.
GuruFocus considers Jupiter Fund Management to be Significantly Overvalued.
Key valuation signals for LSE:JUP:
ROC %: 20.09%
GF Value™: £0.90 vs. price of £1.64 (82% above fair value)
Industry Position: 1560.3% above the Asset Management median
No single metric tells the full story. See the LSE:JUP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jupiter Fund Management PLC is a provider of mutual funds with operations mostly in the United Kingdom. The company also distributes its products through financial centers in Europe and Asia, either in house or through agency relationships. It has increasingly focused on offering high-performance, outcome-oriented active strategies to drive organic growth. It measures performance by monitoring its percentage of assets under management above the median over three years. The Group operates principally in the United Kingdom with international operating subsidiaries in Ireland, Hong Kong, Singapore, the United States, Switzerland and Luxembourg, which has branches across Europe.
59GF Score
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