Record (LSE:REC) ROCE %: 32.37% (As of Mar. 2026)

What is Record ROCE %?

Record LSE:REC -4.52% 75 ROCE % is 32.37% as of Mar. 2026. GuruFocus rates LSE:REC with a GF Score™ of 75/100 and a GF Value™ of £0.57 (Modestly Undervalued). 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. Record's annualized ROCE % for the quarter that ended in Mar. 2026 was 32.37%.

Record (LSE:REC) 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.

Record ROCE % Related Terms

Record ROCE % Historical Data

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The historical data trend for Record'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.

Record ROCE % Chart

Record Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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40.21

52.22

44.69

34.06

28.92

Record 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															46.16	41.34	32.26	26.19	32.37

75GF Score

Record PLC LSE:REC

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

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Record ROCE % Calculation

Record'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 )
	=	10.216	/	( ( (42.4 - 6.239)	+	(40.597 - 6.112) )	/ 2 )
	=	10.216	/	( (36.161	+	34.485)	/ 2 )
	=	10.216	/	35.323
	=	28.92 %

Record'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 )
	=	11.174	/	( ( (41.115 - 6.57)	+	(40.597 - 6.112) )	/ 2 )
	=	11.174	/	( ( 34.545	+	34.485 )	/ 2 )
	=	11.174	/	34.515
	=	32.37 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 32.37% mean?

Record (LSE:REC) has a ROCE % of 32.37% as of Mar. 2026.

Is Record's ROCE % too high?

Record's current ROCE % is 32.37%. The Asset Management industry median ROCE % is 4.43. Record's value of 32.37% is 631.5% above this industry median. Overall, Record has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Record's ROCE % compare to BLK and BX?

Record's ROCE % of 32.37% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.43. Record's value of 32.37% is 631.5% 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. Record's current ROCE % of 32.37% is 631.5% 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. Record's current ROCE % is 32.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Record stock overvalued right now?

Based on GuruFocus' analysis, Record (LSE:REC) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.57, compared to a current price of £0.44 — trading 22.1% below its estimated fair value. The current ROCE % is 32.37% and 631.5% above the Asset Management industry median of 4.43. Record's overall GF Score™ is 75/100 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 Record (LSE:REC), the current ROCE % is 32.37% 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 Record (LSE:REC) Overvalued in 2026?

Based on GuruFocus' analysis, Record stock appears to be undervalued. The current stock price of £0.44 is trading 22.1% below its estimated GF Value™ of £0.57. GuruFocus considers Record to be Modestly Undervalued.

Key valuation signals for LSE:REC:

ROCE %: 32.37%
GF Value™: £0.57 vs. price of £0.44 (22.1% below fair value)
GF Score™: 75/100 with 4 warning signs
Industry Position: 631.5% above the Asset Management median

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

Record Business Description

Industry Financial Services Asset Management

Comparable Companies LSE:GABI LSE:JZCP LSE:RIII LSE:AFL LSE:IGC LSE:GOT LSE:GPM LSE:JEMA LSE:INOV LSE:OOA BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT OSTO:EQT AMP

Other Exchanges RECl:UK

Address 3 Sheldon Square, Paddington, Westminster, London, GBR, W2 6HY

Website https://www.recordfg.com

Record PLC is a United Kingdom-based company currency and asset management firm. The company provides services to clients such as pension funds, charities, foundations, endowments, family offices, and other fund managers and corporate entities. Geographically, it derives a majority of its revenue from the United States and also has a presence in the United Kingdom, Switzerland, Europe (excluding UK and Switzerland), and other countries. Revenue comprises mainly management fees and performance fees. Its reportable segments are Currency Management and Asset Management. The maximum revenue is derived from the currency management segment which comprises bespoke solutions for clients including Passive Hedging, Dynamic Hedging, Hedging for Asset Managers, and FX Alpha products.

75GF Score

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£0.44

Price

£0.57

GF Value

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