Ares Management (HAM:0QN) ROCE %: 9.66% (As of Mar. 2026)

What is Ares Management ROCE %?

Ares Management HAM:0QN -1.62% 78 ROCE % is 9.66% as of Mar. 2026. GuruFocus rates HAM:0QN with a GF Score™ of 78/100 and a GF Value™ of €165.69 (Possible Value Trap). The stock has 7 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. Ares Management's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.66%.

Ares Management (HAM:0QN) 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.

Ares Management ROCE % Related Terms

Ares Management ROCE % Historical Data

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The historical data trend for Ares Management'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.

Ares Management ROCE % Chart

Ares Management Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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9.04

5.67

10.95

11.09

9.31

Ares Management 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															6.13	8.39	15.66	7.42	9.66

78GF Score

Ares Management Corp HAM:0QN

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

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Ares Management ROCE % Calculation

Ares Management's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	1754.417	/	( ( (23764.514 - 4137.118)	+	(24452.897 - 6395.194) )	/ 2 )
	=	1754.417	/	( (19627.396	+	18057.703)	/ 2 )
	=	1754.417	/	18842.5495
	=	9.31 %

Ares Management'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 )
	=	1738.588	/	( ( (24452.897 - 6395.194)	+	(24561.617 - 6637.76) )	/ 2 )
	=	1738.588	/	( ( 18057.703	+	17923.857 )	/ 2 )
	=	1738.588	/	17990.78
	=	9.66 %

(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 9.66% mean?

Ares Management (HAM:0QN) has a ROCE % of 9.66% as of Mar. 2026.

Is Ares Management's ROCE % too high?

Ares Management's current ROCE % is 9.66%. The Asset Management industry median ROCE % is 4.39. Ares Management's value of 9.66% is 120% above this industry median. Overall, Ares Management has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Ares Management's ROCE % compare to RJF and NTRS?

Ares Management's ROCE % of 9.66% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.39. Ares Management's value of 9.66% is 120% 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 705 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. Ares Management's current ROCE % of 9.66% is 120% 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. Ares Management's current ROCE % is 9.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ares Management stock overvalued right now?

Based on GuruFocus' analysis, Ares Management (HAM:0QN) is currently considered Possible Value Trap. The stock's GF Value™ is €165.69, compared to a current price of €97.38 — trading 41.2% below its estimated fair value. The current ROCE % is 9.66% and 120% above the Asset Management industry median of 4.39. Ares Management's overall GF Score™ is 78/100 with 7 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 Ares Management (HAM:0QN), the current ROCE % is 9.66% 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 Ares Management (HAM:0QN) Overvalued in 2026?

Based on GuruFocus' analysis, Ares Management stock appears to be undervalued. The current stock price of €97.38 is trading 41.2% below its estimated GF Value™ of €165.69. GuruFocus considers Ares Management to be Possible Value Trap.

Key valuation signals for HAM:0QN:

ROCE %: 9.66%
GF Value™: €165.69 vs. price of €97.38 (41.2% below fair value)
GF Score™: 78/100 with 7 warning signs
Industry Position: 120% above the Asset Management median

No single metric tells the full story. See the HAM:0QN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ares Management Business Description

Industry Financial Services Asset Management

Comparable Companies RJF NTRS TROW PFG AMP CG BEN PS PSLV STT BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO OSTO:EQT LSE:III XSWX:PGHN

Other Exchanges ARES:USA 0QN:Germany A2RE34:Brazil

Address 1800 Avenue of the Stars, Suite 1400, Los Angeles, CA, USA, 90067

Website https://www.aresmgmt.com

Ares Management is one of the world's largest alternative-asset managers, with $622.5 billion in total assets under management, or AUM, including $384.9 billion in fee-earning AUM, at the end of 2025. The company has four main business segments: credit strategies ($406.9 billion in total AUM and $249.8 billion in fee-earning AUM), private equity, ($25.3 billion/$14.4 billion), real estate/real assets ($139.1 billion/$84.1 billion), and other alternatives ($51.2 billion/$36.6 billion). The firm primarily serves institutional investors (80% of AUM) and high-net-worth individuals (20%). Ares operates through more than 35 offices in over 15 countries around the globe.

78GF Score

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€97.38

Price

€165.69

GF Value

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