Antin Infrastructure Partners (XPAR:ANTIN) ROIC %: 47.34% (As of Dec. 2025)

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XPAR:ANTIN Antin Infrastructure Partners XPAR:ANTIN
94 GF Score
Price €8.98
GF Value €12.41
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Antin Infrastructure Partners ROIC %?

Antin Infrastructure Partners XPAR:ANTIN -0.88% 94 ROIC % is 47.34% as of Dec. 2025. GuruFocus rates XPAR:ANTIN with a GF Score™ of 94/100 and a GF Value™ of €12.41 (Modestly Undervalued). The stock has 4 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Antin Infrastructure Partners's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 47.34%.

As of today (2026-08-27), Antin Infrastructure Partners's WACC % is 8.31%. Antin Infrastructure Partners's ROIC % is 46.00% (calculated using TTM income statement data). Antin Infrastructure Partners generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Antin Infrastructure Partners  (XPAR:ANTIN) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Antin Infrastructure Partners's WACC % is 8.31%. Antin Infrastructure Partners's ROIC % is 46.00% (calculated using TTM income statement data). Antin Infrastructure Partners generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Antin Infrastructure Partners ROIC % Related Terms


Antin Infrastructure Partners ROIC % Historical Data

* Premium members only.

The historical data trend for Antin Infrastructure Partners's ROIC % 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.

Antin Infrastructure Partners ROIC % Chart

Antin Infrastructure Partners Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only 33.69 0.00 42.14 62.60 45.56

Antin Infrastructure Partners Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROIC % 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 59.58 63.86 69.58 45.12 47.34

XPAR:ANTIN vs BLK, BX, KKR: ROIC % Comparison

For the Asset Management subindustry, Antin Infrastructure Partners's ROIC %, along with its competitors' market caps and ROIC % 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.


Antin Infrastructure Partners ROIC % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Antin Infrastructure Partners's ROIC % distribution charts can be found below:

* The bar in red indicates where Antin Infrastructure Partners's ROIC % falls into.


XPAR:ANTIN
94GF Score
Antin Infrastructure Partners XPAR:ANTIN
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Antin Infrastructure Partners ROIC % Calculation

Antin Infrastructure Partners's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=145.509 * ( 1 - 27.84% )/( (230.635 + 230.298)/ 2 )
=104.9992944/230.4665
=45.56 %

where

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=599.912 - 16.229 - ( 367.922 - max(0, 59.112 - 412.497+367.922))
=230.298

Antin Infrastructure Partners's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=146.628 * ( 1 - 26.71% )/( (223.744 + 230.298)/ 2 )
=107.4636612/227.021
=47.34 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=612.642 - 27.439 - ( 361.459 - max(0, 57.655 - 426.419+361.459))
=223.744

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=599.912 - 16.229 - ( 367.922 - max(0, 59.112 - 412.497+367.922))
=230.298

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 47.34% mean?
Antin Infrastructure Partners (XPAR:ANTIN) has a ROIC % of 47.34% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Antin Infrastructure Partners and its competitors.
Is Antin Infrastructure Partners' ROIC % too high?
Antin Infrastructure Partners' current ROIC % is 47.34%. The Asset Management industry median ROIC % is 1.56. Antin Infrastructure Partners' value of 47.34% is 2934.6% above this industry median. Overall, Antin Infrastructure Partners has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Antin Infrastructure Partners' ROIC % compare to BLK and BX?
Antin Infrastructure Partners' ROIC % of 47.34% can be compared against companies in the Asset Management industry. The industry median ROIC % is 1.56. Antin Infrastructure Partners' value of 47.34% is 2934.6% 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 ROIC % for an Asset Management company?
The median ROIC % among Asset Management companies is 1.56, based on 718 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antin Infrastructure Partners's current ROIC % of 47.34% is 2934.6% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Antin Infrastructure Partners and its competitors. For the Asset Management industry, the median ROIC % is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antin Infrastructure Partners's current ROIC % is 47.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antin Infrastructure Partners stock overvalued right now?
Based on GuruFocus' analysis, Antin Infrastructure Partners (XPAR:ANTIN) is currently considered Modestly Undervalued. The stock's GF Value™ is €12.41, compared to a current price of €8.98 — trading 27.6% below its estimated fair value. The current ROIC % is 47.34% and 2934.6% above the Asset Management industry median of 1.56. Antin Infrastructure Partners' overall GF Score™ is 94/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Antin Infrastructure Partners (XPAR:ANTIN), the current ROIC % is 47.34% 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 Antin Infrastructure Partners (XPAR:ANTIN) Overvalued in 2026?

Based on GuruFocus' analysis, Antin Infrastructure Partners stock appears to be undervalued. The current stock price of €8.98 is trading 27.6% below its estimated GF Value™ of €12.41. GuruFocus considers Antin Infrastructure Partners to be Modestly Undervalued.

Key valuation signals for XPAR:ANTIN:

  • ROIC %: 47.34%
  • GF Value™: €12.41 vs. price of €8.98 (27.6% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 2934.6% above the Asset Management median

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


Antin Infrastructure Partners Business Description

Other Exchanges ANTINp:UK8ZU:Germany
Address 374 Rue Saint-Honore, Paris, FRA, 75001
Antin Infrastructure Partners is an independent private equity firm focused on infrastructure investments. It manages multiple funds that invest in infrastructure projects in Europe and North America, targeting sectors such as energy and environment, digital, transportation, and social infrastructure, with the objective of generating risk-adjusted returns for investors. The majority of the company's revenue is derived from the Management fees. Geographically, it generates the maximum revenue from France.
94GF Score

Get the complete analysis for XPAR:ANTIN

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

€8.98
Price
€12.41
GF Value