Impax Environmental Markets (LSE:IEM) ROCE %: 6.53% (As of Dec. 2025)

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LSE:IEM Impax Environmental Markets PLC LSE:IEM
43 GF Score
Price £4.35
GF Value £1.74
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Impax Environmental Markets ROCE %?

Impax Environmental Markets LSE:IEM -0.91% 43 ROCE % is 6.53% as of Dec. 2025. GuruFocus rates LSE:IEM with a GF Score™ of 43/100 and a GF Value™ of £1.74 (Significantly Overvalued). 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. Impax Environmental Markets's annualized ROCE % for the quarter that ended in Dec. 2025 was 6.53%.

Impax Environmental Markets  (LSE:IEM) 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.

Impax Environmental Markets ROCE % Related Terms

Impax Environmental Markets ROCE % Historical Data

* Premium members only.

The historical data trend for Impax Environmental Markets'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.

Impax Environmental Markets ROCE % Chart

Impax Environmental Markets 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 18.20 -15.66 4.11 -1.14 -1.01

Impax Environmental Markets 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 1.02 -1.92 -0.27 -7.81 6.53
LSE:IEM
43GF Score
Impax Environmental Markets PLC LSE:IEM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Impax Environmental Markets ROCE % Calculation

Impax Environmental Markets'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 )
=-9.824/( ( (1116.699 - 39.184) + (903.618 - 38.258) )/ 2 )
=-9.824/( (1077.515+865.36)/ 2 )
=-9.824/971.4375
=-1.01 %

Impax Environmental Markets'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 )
=57.732/( ( (947.345 - 43.268) + (903.618 - 38.258) )/ 2 )
=57.732/( ( 904.077 + 865.36 )/ 2 )
=57.732/884.7185
=6.53 %

(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 6.53% mean?
Impax Environmental Markets (LSE:IEM) has a ROCE % of 6.53% as of Dec. 2025.
Is Impax Environmental Markets' ROCE % too high?
Impax Environmental Markets' current ROCE % is 6.53%. The Asset Management industry median ROCE % is 4.80. Impax Environmental Markets' value of 6.53% is 36% above this industry median. Overall, Impax Environmental Markets has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Impax Environmental Markets' ROCE % compare to BLK and BX?
Impax Environmental Markets' ROCE % of 6.53% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.80. Impax Environmental Markets' value of 6.53% is 36% 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 4.80, based on 702 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. Impax Environmental Markets's current ROCE % of 6.53% is 36% 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 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impax Environmental Markets's current ROCE % is 6.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impax Environmental Markets stock overvalued right now?
Based on GuruFocus' analysis, Impax Environmental Markets (LSE:IEM) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.74, compared to a current price of £4.35 — trading 150% above its estimated fair value. The current ROCE % is 6.53% and 36% above the Asset Management industry median of 4.80. Impax Environmental Markets' overall GF Score™ is 43/100 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 Impax Environmental Markets (LSE:IEM), the current ROCE % is 6.53% 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 Impax Environmental Markets (LSE:IEM) Overvalued in 2026?

Based on GuruFocus' analysis, Impax Environmental Markets stock appears to be overvalued. The current stock price of £4.35 is trading 150% above its estimated GF Value™ of £1.74. GuruFocus considers Impax Environmental Markets to be Significantly Overvalued.

Key valuation signals for LSE:IEM:

  • ROCE %: 6.53%
  • GF Value™: £1.74 vs. price of £4.35 (150% above fair value)
  • GF Score™: 43/100 with 4 warning signs
  • Industry Position: 36% above the Asset Management median

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

Impax Environmental Markets Business Description

Other Exchanges IEMl:UK
Address One Fleet Place, London, GBR, EC4M 7WS
Impax Environmental Markets PLC is an investment trust company that is engaged in portfolio management. The company's investment objective is to enable investors to benefit from growth in the markets for cleaner or more efficient delivery of basic services of energy, water, and waste. It invests in quoted companies that provide, utilize, implement, or advise upon technology-based systems, products, or services in environmental markets, particularly those of alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management.
43GF Score

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

£4.35
Price
£1.74
GF Value