RecordLSE:REC -4.52%75 ROE % is 28.43% as of Mar. 2026, which is 11% above its 10-year median of 25.54. 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. Among 1,615 Asset Management companies, Record ranks better than 89.41% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Record's annualized net income for the quarter that ended in Mar. 2026 was £7.82 Mil. Record's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was £27.51 Mil. Therefore, Record's annualized ROE % for the quarter that ended in Mar. 2026 was 28.43%.
The historical rank and industry rank for Record's ROE % or its related term are showing as below:
LSE:REC'
s ROE % Range Over the Past 10 Years
Min: 17.91 Med: 25.54 Max: 41.83
Current: 27.32
During the past 13 years, Record's highest ROE % was 41.83%. The lowest was 17.91%. And the median was 25.54%.
LSE:REC's ROE % is ranked better than 89.41% of 1615
companies
in the Asset Management industry
Industry Median: 6.35
vs LSE:REC: 27.32
Record (LSE:REC) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Record ROE % Related Terms
Record ROE % Historical Data
* Premium members only.
The historical data trend for Record's ROE % 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.
For the Asset Management subindustry, Record's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Record ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Record's ROE % distribution charts can be found below:
* The bar in red indicates where Record's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Record (LSE:REC) has a ROE % of 28.43% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Record and its competitors. This is 11% above median its historical median of 25.54. Over the past decade, Record's ROE % has ranged from 17.91 to 41.83. According to the industry distribution chart, Record ranks #171 out of 1615 companies in the Asset Management industry, placing it in the top 10.6%.
Is Record's ROE % too high?
Record's current ROE % of 28.43% is 11% above median its 10-year median of 25.54. Over the past 10 years, this metric has ranged from a low of 17.91 to a high of 41.83. The Asset Management industry median ROE % is 6.35. Record's value of 28.43% is 347.7% above this industry median. Based on the distribution chart, Record ranks #171 out of 1615 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. 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 ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Record ranks #171 out of 1615 companies for ROE %. This places Record in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 6.35. Record's value of 28.43% is 347.7% above this benchmark. Historically, Record's own ROE % has ranged from 17.91 to 41.83 over the past decade. While the company's 10-year median is 25.54 vs. the industry median of 6.35, Record has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.35, based on 1,615 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Record's current ROE % of 28.43% is 347.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Record and its competitors. For the Asset Management industry, the median ROE % is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Record's current ROE % is 28.43%, which is 11% above median its own 10-year median of 25.54. 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 ROE % is 28.43%, which is 11% above median its 10-year median of 25.54 and 347.7% above the Asset Management industry median of 6.35. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Record (LSE:REC), the current ROE % is 28.43% 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:
ROE %: 28.43% (11% above median its 10-year median of 25.54)
GF Value™: £0.57 vs. price of £0.44 (22.1% below fair value)
Industry Position: 347.7% above the Asset Management median (#171 of 1615)
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 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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