JMPLF (Johnson Matthey) ROCE %: 5.03% (As of Mar. 2026)


JMPLF Johnson Matthey PLC JMPLF
64 GF Score
Price $28.61
GF Value $18.40
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Johnson Matthey ROCE %?

Johnson Matthey JMPLF 64 ROCE % is 5.03% as of Mar. 2026. GuruFocus rates JMPLF with a GF Score™ of 64/100 and a GF Value™ of $18.40 (Significantly Overvalued). 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. Johnson Matthey's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.03%.

Johnson Matthey  (OTCPK:JMPLF) 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.

Johnson Matthey ROCE % Related Terms

Johnson Matthey ROCE % Historical Data

* Premium members only.

The historical data trend for Johnson Matthey'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.

Johnson Matthey ROCE % Chart

Johnson Matthey Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.03 10.92 7.63 14.22 7.27

Johnson Matthey Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.46 31.78 -2.58 9.51 5.03
JMPLF
64GF Score
Johnson Matthey PLC JMPLF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Johnson Matthey ROCE % Calculation

Johnson Matthey'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 )
=341.333/( ( (8002.584 - 3197.674) + (7965.333 - 3374.667) )/ 2 )
=341.333/( (4804.91+4590.666)/ 2 )
=341.333/4697.788
=7.27 %

Johnson Matthey'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: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=234.666/( ( (7881.081 - 3135.135) + (7965.333 - 3374.667) )/ 2 )
=234.666/( ( 4745.946 + 4590.666 )/ 2 )
=234.666/4668.306
=5.03 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 5.03% mean?
Johnson Matthey (JMPLF) has a ROCE % of 5.03% as of Mar. 2026.
Is Johnson Matthey's ROCE % too high?
Johnson Matthey's current ROCE % is 5.03%. The Chemicals industry median ROCE % is 6.45. Johnson Matthey's value of 5.03% is 22% below this industry median. Overall, Johnson Matthey has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Johnson Matthey's ROCE % compare to LIN and SHW?
Johnson Matthey's ROCE % of 5.03% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.45. Johnson Matthey's value of 5.03% is 22% below 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 a Chemicals company?
The median ROCE % among Chemicals companies is 6.45, based on 1,594 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. Johnson Matthey's current ROCE % of 5.03% is 22% below 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 Chemicals industry, the median ROCE % is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Johnson Matthey's current ROCE % is 5.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Matthey stock overvalued right now?
Based on GuruFocus' analysis, Johnson Matthey (JMPLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.40, compared to a current price of $28.61 — trading 55.5% above its estimated fair value. The current ROCE % is 5.03% and 22% below the Chemicals industry median of 6.45. Johnson Matthey's overall GF Score™ is 64/100 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 Johnson Matthey (JMPLF), the current ROCE % is 5.03% 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 Johnson Matthey (JMPLF) Overvalued in 2026?

Based on GuruFocus' analysis, Johnson Matthey stock appears to be overvalued. The current stock price of $28.61 is trading 55.5% above its estimated GF Value™ of $18.40. GuruFocus considers Johnson Matthey to be Significantly Overvalued.

Key valuation signals for JMPLF:

  • ROCE %: 5.03%
  • GF Value™: $18.40 vs. price of $28.61 (55.5% above fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 22% below the Chemicals median

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

Johnson Matthey Business Description

Address 2 Gresham Street, 5th Floor, London, GBR, EC2V 7AD
Johnson Matthey PLC is a platinum group metals (PGMs) company. It uses metal chemistry, catalysis, and process engineering and provides technology and expertise to energy, chemicals, and automotive companies to decarbonise, reduce harmful emissions, and improve sustainability. Its segments include Clean Air, PGM Services, Catalyst Technologies, Hydrogen Technologies and Value Businesses. The company generates maximum revenue from the PGM Services segment, which enables the energy transition through providing circular solutions as demand for scarce critical materials increases, provides a strategic service to the group supporting the other segments with security of metal supply, and manufactures value-added PGM products. The company derives key revenue from the United Kingdom.
64GF Score

Get the complete analysis for JMPLF

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

$28.61
Price
$18.40
GF Value