RELX (LSE:REL) ROCE %: 35.15% (As of Dec. 2025)


LSE:REL RELX PLC LSE:REL
76 GF Score
Price £23.78
GF Value £37.07
Valuation Significantly Undervalued
! 3 Warning Signs
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What is RELX ROCE %?

RELX LSE:REL +1.28% 76 ROCE % is 35.15% as of Dec. 2025. GuruFocus rates LSE:REL with a GF Score™ of 76/100 and a GF Value™ of £37.07 (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. RELX's annualized ROCE % for the quarter that ended in Dec. 2025 was 35.15%.

RELX  (LSE:REL) 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.

RELX ROCE % Related Terms

RELX ROCE % Historical Data

* Premium members only.

The historical data trend for RELX'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.

RELX ROCE % Chart

RELX 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 19.34 22.12 25.86 30.12 33.27

RELX 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 27.92 30.88 30.29 33.44 35.15
LSE:REL
76GF Score
RELX PLC LSE:REL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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RELX ROCE % Calculation

RELX'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 )
=3023/( ( (15133 - 5718) + (14757 - 6001) )/ 2 )
=3023/( (9415+8756)/ 2 )
=3023/9085.5
=33.27 %

RELX'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 )
=3042/( ( (14325 - 5774) + (14757 - 6001) )/ 2 )
=3042/( ( 8551 + 8756 )/ 2 )
=3042/8653.5
=35.15 %

(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 35.15% mean?
RELX (LSE:REL) has a ROCE % of 35.15% as of Dec. 2025.
Is RELX's ROCE % too high?
RELX's current ROCE % is 35.15%. The Business Services industry median ROCE % is 8.88. RELX's value of 35.15% is 295.8% above this industry median. Overall, RELX has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RELX's ROCE % compare to CTAS and CPRT?
RELX's ROCE % of 35.15% can be compared against companies in the Business Services industry. The industry median ROCE % is 8.88. RELX's value of 35.15% is 295.8% 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 a Business Services company?
The median ROCE % among Business Services companies is 8.88, based on 1,070 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. RELX's current ROCE % of 35.15% is 295.8% 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 Business Services industry, the median ROCE % is 8.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RELX's current ROCE % is 35.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RELX stock overvalued right now?
Based on GuruFocus' analysis, RELX (LSE:REL) is currently considered Significantly Undervalued. The stock's GF Value™ is £37.07, compared to a current price of £23.78 — trading 35.9% below its estimated fair value. The current ROCE % is 35.15% and 295.8% above the Business Services industry median of 8.88. RELX's overall GF Score™ is 76/100 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 RELX (LSE:REL), the current ROCE % is 35.15% 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 RELX (LSE:REL) Overvalued in 2026?

Based on GuruFocus' analysis, RELX stock appears to be undervalued. The current stock price of £23.78 is trading 35.9% below its estimated GF Value™ of £37.07. GuruFocus considers RELX to be Significantly Undervalued.

Key valuation signals for LSE:REL:

  • ROCE %: 35.15%
  • GF Value™: £37.07 vs. price of £23.78 (35.9% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 295.8% above the Business Services median

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

RELX Business Description

Address 1-3 Strand, London, GBR, WC2N 5JR
RELX is a developer of information-based analytics and decision tools designed to support research, risk assessment, legal work, and business operations. The company offers data analytics, scientific and technical information resources, legal research tools, and event management platforms. This enables professionals, researchers, legal teams, and businesses to make informed decisions and improve operational efficiency.
76GF Score

Get the complete analysis for LSE:REL

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

£23.78
Price
£37.07
GF Value