IPAS Indexo (ORSE:IDX1R) ROCE %: 8.35% (As of Mar. 2026)

What is IPAS Indexo ROCE %?

IPAS Indexo ORSE:IDX1R -0.46% 67 ROCE % is 8.35% as of Mar. 2026. GuruFocus rates ORSE:IDX1R with a GF Score™ of 67/100 and a GF Value™ of €15.12 (Possible Value Trap). The stock has 8 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. IPAS Indexo's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.35%.

IPAS Indexo (ORSE:IDX1R) 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.

IPAS Indexo ROCE % Related Terms

IPAS Indexo ROCE % Historical Data

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The historical data trend for IPAS Indexo'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.

IPAS Indexo ROCE % Chart

IPAS Indexo Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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0.58

-25.17

-40.09

-44.43

-6.77

IPAS Indexo Quarterly Data
	Dec20	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															-49.91	-58.82	-32.04	-5.37	8.35

67GF Score

IPAS Indexo ORSE:IDX1R

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

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IPAS Indexo ROCE % Calculation

IPAS Indexo'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 )
	=	-6.026	/	( ( (48.44 - 33.832)	+	(283.846 - 120.427) )	/ 2 )
	=	-6.026	/	( (14.608	+	163.419)	/ 2 )
	=	-6.026	/	89.0135
	=	-6.77 %

IPAS Indexo'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 )
	=	14.268	/	( ( (283.846 - 120.427)	+	(304.136 - 125.717) )	/ 2 )
	=	14.268	/	( ( 163.419	+	178.419 )	/ 2 )
	=	14.268	/	170.919
	=	8.35 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 8.35% mean?

IPAS Indexo (ORSE:IDX1R) has a ROCE % of 8.35% as of Mar. 2026.

Is IPAS Indexo's ROCE % too high?

IPAS Indexo's current ROCE % is 8.35%. The Asset Management industry median ROCE % is 4.46. IPAS Indexo's value of 8.35% is 87.2% above this industry median. Overall, IPAS Indexo has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

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

IPAS Indexo's ROCE % of 8.35% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.46. IPAS Indexo's value of 8.35% is 87.2% 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 4.46, based on 705 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. IPAS Indexo's current ROCE % of 8.35% is 87.2% 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 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPAS Indexo's current ROCE % is 8.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is IPAS Indexo stock overvalued right now?

Based on GuruFocus' analysis, IPAS Indexo (ORSE:IDX1R) is currently considered Possible Value Trap. The stock's GF Value™ is €15.12, compared to a current price of €8.66 — trading 42.7% below its estimated fair value. The current ROCE % is 8.35% and 87.2% above the Asset Management industry median of 4.46. IPAS Indexo's overall GF Score™ is 67/100 with 8 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 IPAS Indexo (ORSE:IDX1R), the current ROCE % is 8.35% 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 IPAS Indexo (ORSE:IDX1R) Overvalued in 2026?

Based on GuruFocus' analysis, IPAS Indexo stock appears to be undervalued. The current stock price of €8.66 is trading 42.7% below its estimated GF Value™ of €15.12. GuruFocus considers IPAS Indexo to be Possible Value Trap.

Key valuation signals for ORSE:IDX1R:

ROCE %: 8.35%
GF Value™: €15.12 vs. price of €8.66 (42.7% below fair value)
GF Score™: 67/100 with 8 warning signs
Industry Position: 87.2% above the Asset Management median

No single metric tells the full story. See the ORSE:IDX1R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

IPAS Indexo Business Description

Industry Financial Services Asset Management

Comparable Companies BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT AMP LSE:III OSTO:EQT NTRS RJF ARES OSTO:INDU A TROW PFG XSWX:PGHN LSE:LGEN LSE:SMT

Other Exchanges S9S:Germany

Address 1 Roberta Hirsa Street, Riga, LVA, 1045

Website https://www.indexo.lv

IPAS Indexo is a licensed investment management company. Along with its subsidiaries, it operates in the following segments: Asset management, Bank development, and Non-bank lending. Maximum revenue is generated from the Asset Management segment, which includes management of the assets of state-funded pension scheme investment plans and private pension scheme investment plans. The Bank development segment represents the income generated from the provision of various banking services (including accepting deposits, granting loans, offering payment solutions, issuing credit cards, etc.) by its banking subsidiary, and the Non-bank lending represents its non-bank lending activities. Geographically, the group's maximum revenue is generated from Latvia, and rest from the European Economic Area.

67GF Score

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

€8.66

Price

€15.12

GF Value

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