Partners Group Holding AG (XSWX:PGHN) ROCE %: 44.14% (As of Dec. 2025)


XSWX:PGHN Partners Group Holding AG XSWX:PGHN
80 GF Score
Price CHF651.80
GF Value CHF1,369.94
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Partners Group Holding AG ROCE %?

Partners Group Holding AG XSWX:PGHN +0.74% 80 ROCE % is 44.14% as of Dec. 2025. GuruFocus rates XSWX:PGHN with a GF Score™ of 80/100 and a GF Value™ of CHF1,369.94 (Significantly 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. Partners Group Holding AG's annualized ROCE % for the quarter that ended in Dec. 2025 was 44.14%.

Partners Group Holding AG  (XSWX:PGHN) 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.

Partners Group Holding AG ROCE % Related Terms

Partners Group Holding AG ROCE % Historical Data

* Premium members only.

The historical data trend for Partners Group Holding AG'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.

Partners Group Holding AG ROCE % Chart

Partners Group Holding AG 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 46.29 29.16 33.00 35.18 38.09

Partners Group Holding AG 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 31.45 32.97 37.78 36.73 44.14
XSWX:PGHN
80GF Score
Partners Group Holding AG XSWX:PGHN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Partners Group Holding AG ROCE % Calculation

Partners Group Holding AG'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 )
=1575.9/( ( (5683.3 - 1449.3) + (6388.2 - 2347) )/ 2 )
=1575.9/( (4234+4041.2)/ 2 )
=1575.9/4137.6
=38.09 %

Partners Group Holding AG'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 )
=1701/( ( (6191.9 - 2525.6) + (6388.2 - 2347) )/ 2 )
=1701/( ( 3666.3 + 4041.2 )/ 2 )
=1701/3853.75
=44.14 %

(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 44.14% mean?
Partners Group Holding AG (XSWX:PGHN) has a ROCE % of 44.14% as of Dec. 2025.
Is Partners Group Holding AG's ROCE % too high?
Partners Group Holding AG's current ROCE % is 44.14%. The Asset Management industry median ROCE % is 4.39. Partners Group Holding AG's value of 44.14% is 905.5% above this industry median. Overall, Partners Group Holding AG has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Partners Group Holding AG's ROCE % compare to BLK and BX?
Partners Group Holding AG's ROCE % of 44.14% can be compared against companies in the Asset Management industry. The industry median ROCE % is 4.39. Partners Group Holding AG's value of 44.14% is 905.5% 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 4.39, 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. Partners Group Holding AG's current ROCE % of 44.14% is 905.5% 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 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Partners Group Holding AG's current ROCE % is 44.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Partners Group Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Partners Group Holding AG (XSWX:PGHN) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF1,369.94, compared to a current price of CHF651.80 — trading 52.4% below its estimated fair value. The current ROCE % is 44.14% and 905.5% above the Asset Management industry median of 4.39. Partners Group Holding AG's overall GF Score™ is 80/100 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 Partners Group Holding AG (XSWX:PGHN), the current ROCE % is 44.14% 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 Partners Group Holding AG (XSWX:PGHN) Overvalued in 2026?

Based on GuruFocus' analysis, Partners Group Holding AG stock appears to be undervalued. The current stock price of CHF651.80 is trading 52.4% below its estimated GF Value™ of CHF1,369.94. GuruFocus considers Partners Group Holding AG to be Significantly Undervalued.

Key valuation signals for XSWX:PGHN:

  • ROCE %: 44.14%
  • GF Value™: CHF1,369.94 vs. price of CHF651.80 (52.4% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 905.5% above the Asset Management median

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

Partners Group Holding AG Business Description

Address Unternehmer-Park 3, Baar, Zug, CHE, 6340
Partners Group is a Swiss-based global alternative asset manager founded in 1996. It manages funds invested in private equity, private credit, real estate, and infrastructure. Most of Partners Group's assets are invested in Europe and the Americas, with a smaller exposure to Asia and the Middle East. Partners Group operates a differentiated business model, offering bespoke client solutions through diversified portfolios tailored to each client individually, semiliquid open-ended funds, alongside traditional closed-end funds.
80GF Score

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

CHF651.80
Price
CHF1,369.94
GF Value