MANU (Manchester United) ROCE %: 5.35% (As of Mar. 2026)


MANU Manchester United PLC MANU
73 GF Score
Price $21.99
GF Value $17.45
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Manchester United ROCE %?

Manchester United MANU +4.17% 73 ROCE % is 5.35% as of Mar. 2026. GuruFocus rates MANU with a GF Score™ of 73/100 and a GF Value™ of $17.45 (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. Manchester United's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.35%.

Manchester United  (NYSE:MANU) 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.

Manchester United ROCE % Related Terms

Manchester United ROCE % Historical Data

* Premium members only.

The historical data trend for Manchester United'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.

Manchester United ROCE % Chart

Manchester United Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.43 -13.82 1.27 -9.53 1.75

Manchester United Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 4.81 2.73 2.85 8.94 5.35
MANU
73GF Score
Manchester United PLC MANU
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Manchester United ROCE % Calculation

Manchester United's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=20.009/( ( (1710.925 - 629.76) + (2222.161 - 1018.145) )/ 2 )
=20.009/( (1081.165+1204.016)/ 2 )
=20.009/1142.5905
=1.75 %

Manchester United'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: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=61.572/( ( (2235.762 - 1076.477) + (2120.611 - 978.251) )/ 2 )
=61.572/( ( 1159.285 + 1142.36 )/ 2 )
=61.572/1150.8225
=5.35 %

(1) Note: The EBIT data used here is four times the quarterly (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 5.35% mean?
Manchester United (MANU) has a ROCE % of 5.35% as of Mar. 2026.
Is Manchester United's ROCE % too high?
Manchester United's current ROCE % is 5.35%. The Media - Diversified industry median ROCE % is 3.10. Manchester United's value of 5.35% is 72.6% above this industry median. Overall, Manchester United has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manchester United's ROCE % compare to MSGE and CNK?
Manchester United's ROCE % of 5.35% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.10. Manchester United's value of 5.35% is 72.6% 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 Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.10, based on 988 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. Manchester United's current ROCE % of 5.35% is 72.6% 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 Media - Diversified industry, the median ROCE % is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manchester United's current ROCE % is 5.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manchester United stock overvalued right now?
Based on GuruFocus' analysis, Manchester United (MANU) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.45, compared to a current price of $21.99 — trading 26% above its estimated fair value. The current ROCE % is 5.35% and 72.6% above the Media - Diversified industry median of 3.10. Manchester United's overall GF Score™ is 73/100 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 Manchester United (MANU), the current ROCE % is 5.35% 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 Manchester United (MANU) Overvalued in 2026?

Based on GuruFocus' analysis, Manchester United stock appears to be overvalued. The current stock price of $21.99 is trading 26% above its estimated GF Value™ of $17.45. GuruFocus considers Manchester United to be Modestly Overvalued.

Key valuation signals for MANU:

  • ROCE %: 5.35%
  • GF Value™: $17.45 vs. price of $21.99 (26% above fair value)
  • GF Score™: 73/100 with 10 warning signs
  • Industry Position: 72.6% above the Media - Diversified median

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

Manchester United Business Description

Other Exchanges 0Z1Q:UKMUF:Germany
Address Sir Matt Busby Way, Old Trafford, Manchester, GBR, M16 0RA
Manchester United PLC operates as a professional football club with related activities, generating revenue prominently through commercial, broadcasting, and matchday segments. The commercial segment monetizes the various brands via sponsorships, retail, merchandising, apparel, and product licensing. Broadcasting revenue comes from television rights linked to football leagues and competitions, alongside content delivered through its dedicated TV channel all over the globe. Matchday income includes ticket sales, hospitality, merchandise, and services at its stadium. Manchester United is based in England. The company's operations and fan base extends to many countries, supporting a diversified revenue model based on brand engagement and football-related content.
73GF Score

Get the complete analysis for MANU

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

$21.99
Price
$17.45
GF Value