Man Group (LSE:EMG) ROCE %: 9.98% (As of Dec. 2025)


LSE:EMG Man Group PLC LSE:EMG
84 GF Score
Price £2.86
GF Value £2.29
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Man Group ROCE %?

Man Group LSE:EMG -1.17% 84 ROCE % is 9.98% as of Dec. 2025. GuruFocus rates LSE:EMG with a GF Score™ of 84/100 and a GF Value™ of £2.29 (Modestly Overvalued). The stock has 10 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. Man Group's annualized ROCE % for the quarter that ended in Dec. 2025 was 9.98%.

Man Group  (LSE:EMG) 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.

Man Group ROCE % Related Terms

Man Group ROCE % Historical Data

* Premium members only.

The historical data trend for Man Group'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.

Man Group ROCE % Chart

Man Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.88 35.07 10.03 11.39 7.06

Man Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 11.18 12.41 10.02 4.41 9.98
LSE:EMG
84GF Score
Man Group PLC LSE:EMG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Man Group ROCE % Calculation

Man Group'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 )
=207.666/( ( (3618.034 - 579.803) + (3555.72 - 714.879) )/ 2 )
=207.666/( (3038.231+2840.841)/ 2 )
=207.666/2939.536
=7.06 %

Man Group's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=283.86/( ( (3324.607 - 479.05) + (3555.72 - 714.879) )/ 2 )
=283.86/( ( 2845.557 + 2840.841 )/ 2 )
=283.86/2843.199
=9.98 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 9.98% mean?
Man Group (LSE:EMG) has a ROCE % of 9.98% as of Dec. 2025.
Is Man Group's ROCE % too high?
Man Group's current ROCE % is 9.98%. The Asset Management industry median ROCE % is 4.39. Man Group's value of 9.98% is 127.3% above this industry median. Overall, Man Group has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Man Group's ROCE % compare to BLK and BX?
Man Group's ROCE % of 9.98% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.39. Man Group's value of 9.98% is 127.3% 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 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. Man Group's current ROCE % of 9.98% is 127.3% 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 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. Man Group's current ROCE % is 9.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Group stock overvalued right now?
Based on GuruFocus' analysis, Man Group (LSE:EMG) is currently considered Modestly Overvalued. The stock's GF Value™ is £2.29, compared to a current price of £2.86 — trading 25% above its estimated fair value. The current ROCE % is 9.98% and 127.3% above the Asset Management industry median of 4.39. Man Group's overall GF Score™ is 84/100 with 10 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 Man Group (LSE:EMG), the current ROCE % is 9.98% 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 Man Group (LSE:EMG) Overvalued in 2026?

Based on GuruFocus' analysis, Man Group stock appears to be overvalued. The current stock price of £2.86 is trading 25% above its estimated GF Value™ of £2.29. GuruFocus considers Man Group to be Modestly Overvalued.

Key valuation signals for LSE:EMG:

  • ROCE %: 9.98%
  • GF Value™: £2.29 vs. price of £2.86 (25% above fair value)
  • GF Score™: 84/100 with 10 warning signs
  • Industry Position: 127.3% above the Asset Management median

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

Man Group Business Description

Other Exchanges MNGPF:USAEMGl:UKM3N:Germany
Address 2 Swan Lane, Riverbank House, London, GBR, EC4R 3AD
Man Group PLC is an investment management firm. It provides a diverse range of alternative and traditional quantitative investment strategies to a predominantly institutional client base. It invests across a diverse range of strategies and asset classes, with a mix of long-only and alternative strategies run on a discretionary and quantitative basis, across liquid and private markets. The company earns the majority of its revenue in the form of Management fee which is charged as a percentage of assets under management or net asset value, and a performance fee, which is charged as a percentage of investment performance above a benchmark return.
84GF Score

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

£2.86
Price
£2.29
GF Value