SBI Global Asset Management Co (FRA:MJP) ROCE %: 22.31% (As of Mar. 2026)

What is SBI Global Asset Management Co ROCE %?

SBI Global Asset Management Co FRA:MJP 84 ROCE % is 22.31% as of Mar. 2026. GuruFocus rates FRA:MJP with a GF Score™ of 84/100 and a GF Value™ of €7.49. The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. SBI Global Asset Management Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 22.31%.

SBI Global Asset Management Co (FRA:MJP) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

SBI Global Asset Management Co ROCE % Related Terms

SBI Global Asset Management Co ROCE % Historical Data

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The historical data trend for SBI Global Asset Management Co's ROCE % 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.

SBI Global Asset Management Co ROCE % Chart

SBI Global Asset Management Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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17.19

12.03

11.86

14.36

17.13

SBI Global Asset Management Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															12.05	13.41	15.19	15.28	22.31

84GF Score

SBI Global Asset Management Co Ltd FRA:MJP

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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SBI Global Asset Management Co ROCE % Calculation

SBI Global Asset Management Co's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	28.098	/	( ( (113.307 - 17.027)	+	(289.06 - 57.19) )	/ 2 )
	=	28.098	/	( (96.28	+	231.87)	/ 2 )
	=	28.098	/	164.075
	=	17.13 %

SBI Global Asset Management Co's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	50.508	/	( ( (272.518 - 51.561)	+	(289.06 - 57.19) )	/ 2 )
	=	50.508	/	( ( 220.957	+	231.87 )	/ 2 )
	=	50.508	/	226.4135
	=	22.31 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 22.31% mean?

SBI Global Asset Management Co (FRA:MJP) has a ROCE % of 22.31% as of Mar. 2026.

Is SBI Global Asset Management Co's ROCE % too high?

SBI Global Asset Management Co's current ROCE % is 22.31%. The Asset Management industry median ROCE % is 4.39. SBI Global Asset Management Co's value of 22.31% is 408.2% above this industry median. Overall, SBI Global Asset Management Co has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.

How does SBI Global Asset Management Co's ROCE % compare to BLK and BX?

SBI Global Asset Management Co's ROCE % of 22.31% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.39. SBI Global Asset Management Co's value of 22.31% is 408.2% 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 ROCE % for an Asset Management company?

The median ROCE % among Asset Management companies is 4.39, based on 707 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SBI Global Asset Management Co's current ROCE % of 22.31% is 408.2% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median ROCE % is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBI Global Asset Management Co's current ROCE % is 22.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SBI Global Asset Management Co stock overvalued right now?

SBI Global Asset Management Co (FRA:MJP) has a current ROCE % of 22.31%. The stock's GF Value™ is €7.49, compared to a current price of €3.00 — trading 59.9% below its estimated fair value. The current ROCE % is 22.31% and 408.2% above the Asset Management industry median of 4.39. SBI Global Asset Management Co's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For SBI Global Asset Management Co (FRA:MJP), the current ROCE % is 22.31% as of Mar. 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 SBI Global Asset Management Co (FRA:MJP) Overvalued in 2026?

Based on GuruFocus' analysis, SBI Global Asset Management Co stock appears to be undervalued. The current stock price of €3.00 is trading 59.9% below its estimated GF Value™ of €7.49.

Key valuation signals for FRA:MJP:

ROCE %: 22.31%
GF Value™: €7.49 vs. price of €3.00 (59.9% below fair value)
GF Score™: 84/100 with 4 warning signs
Industry Position: 408.2% above the Asset Management median

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

SBI Global Asset Management Co Business Description

Industry Financial Services Asset Management

Comparable Companies TSE:8739 TSE:5842 TSE:8595 TSE:8624 TSE:6620 TSE:4310 TSE:8737 TSE:3454 TSE:2998 TSE:2134 BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT OSTO:EQT AMP

Other Exchanges 4765:Japan

Address 1-6-1 Izumi Garden Tower 20F, Minato-ku, Tokyo, JPN

Website https://www.sbiglobalam.co.jp

SBI Global Asset Management Co Ltd provides financial information services through its website, magazines, stock analysis report, and seminars.

84GF Score

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

€3.00

Price

€7.49

GF Value

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