Impax Asset Management Group (LSE:IPX) ROCE %: 14.67% (As of Mar. 2026)


LSE:IPX Impax Asset Management Group PLC LSE:IPX
63 GF Score
Price £0.95
GF Value £2.43
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Impax Asset Management Group ROCE %?

Impax Asset Management Group LSE:IPX +2.48% 63 ROCE % is 14.67% as of Mar. 2026. GuruFocus rates LSE:IPX with a GF Score™ of 63/100 and a GF Value™ of £2.43 (Significantly Undervalued). The stock has 3 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 Asset Management Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 14.67%.

Impax Asset Management Group  (LSE:IPX) 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 Asset Management Group ROCE % Related Terms

Impax Asset Management Group ROCE % Historical Data

* Premium members only.

The historical data trend for Impax Asset Management 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.

Impax Asset Management Group ROCE % Chart

Impax Asset Management Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.61 55.17 36.62 35.53 22.04

Impax Asset Management Group 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 37.37 37.74 29.20 15.60 14.67
LSE:IPX
63GF Score
Impax Asset Management Group PLC LSE:IPX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Impax Asset Management Group ROCE % Calculation

Impax Asset Management Group's annualized ROCE % for the fiscal year that ended in Sep. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=28.257/( ( (182.382 - 45.558) + (154.704 - 35.13) )/ 2 )
=28.257/( (136.824+119.574)/ 2 )
=28.257/128.199
=22.04 %

Impax Asset Management Group'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 )
=16.77/( ( (154.704 - 35.13) + (131.079 - 22.079) )/ 2 )
=16.77/( ( 119.574 + 109 )/ 2 )
=16.77/114.287
=14.67 %

(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 14.67% mean?
Impax Asset Management Group (LSE:IPX) has a ROCE % of 14.67% as of Mar. 2026.
Is Impax Asset Management Group's ROCE % too high?
Impax Asset Management Group's current ROCE % is 14.67%. The Asset Management industry median ROCE % is 4.43. Impax Asset Management Group's value of 14.67% is 231.5% above this industry median. Overall, Impax Asset Management Group has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Impax Asset Management Group's ROCE % compare to BLK and BX?
Impax Asset Management Group's ROCE % of 14.67% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.43. Impax Asset Management Group's value of 14.67% is 231.5% 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 4.43, based on 708 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 Asset Management Group's current ROCE % of 14.67% is 231.5% 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 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impax Asset Management Group's current ROCE % is 14.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impax Asset Management Group stock overvalued right now?
Based on GuruFocus' analysis, Impax Asset Management Group (LSE:IPX) is currently considered Significantly Undervalued. The stock's GF Value™ is £2.43, compared to a current price of £0.95 — trading 60.8% below its estimated fair value. The current ROCE % is 14.67% and 231.5% above the Asset Management industry median of 4.43. Impax Asset Management Group's overall GF Score™ is 63/100 with 3 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 Asset Management Group (LSE:IPX), the current ROCE % is 14.67% 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 Impax Asset Management Group (LSE:IPX) Overvalued in 2026?

Based on GuruFocus' analysis, Impax Asset Management Group stock appears to be undervalued. The current stock price of £0.95 is trading 60.8% below its estimated GF Value™ of £2.43. GuruFocus considers Impax Asset Management Group to be Significantly Undervalued.

Key valuation signals for LSE:IPX:

  • ROCE %: 14.67%
  • GF Value™: £2.43 vs. price of £0.95 (60.8% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 231.5% above the Asset Management median

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

Impax Asset Management Group Business Description

Other Exchanges IPXAF:USAIPXl:UKLW4:Germany
Address 30 Panton Street, 7th Floor, London, GBR, SW1Y 4AJ
Impax Asset Management Group PLC is an investment firm. It operates in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable economy. The Group is managed on an integrated basis and there is one reportable segment The company offers listed and private equity strategies to institutional clients, with assets under management and advice. Geographically, it derives a majority of revenue from North America and also has a presence in UK; France; Luxembourg; Netherlands; Ireland; Australia and other regions.
63GF Score

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

£0.95
Price
£2.43
GF Value