Impax Asset Management GroupLSE:IPX -2.62%63 3-Year ROIIC % is 113.44 as of Sep. 2025, which is 180% above its 10-year median of 40.51. GuruFocus rates LSE:IPX with a GF Score™ of 63/100 and a GF Value™ of £2.41 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 654 Asset Management companies, Impax Asset Management Group ranks better than 91.59% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Impax Asset Management Group's 3-Year ROIIC % for the quarter that ended in Sep. 2025 was 113.44%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
LSE:IPX's 3-Year ROIIC % is ranked better than 91.59% of 654
companies
in the Asset Management industry
Industry Median: 2.15
vs LSE:IPX: 113.44
Impax Asset Management Group (LSE:IPX) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Impax Asset Management Group 3-Year ROIIC % Related Terms
Impax Asset Management Group 3-Year ROIIC % Historical 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.
LSE:IPX vs BLK, BX, KKR: 3-Year ROIIC % Comparison
For the Asset Management subindustry, Impax Asset Management Group's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.
Impax Asset Management Group 3-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Impax Asset Management Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Impax Asset Management Group's 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Impax Asset Management Group (LSE:IPX) has a 3-Year ROIIC % of 113.44 as of Sep. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Impax Asset Management Group and its competitors. This is 180% above median its historical median of 40.51. According to the industry distribution chart, Impax Asset Management Group ranks #55 out of 654 companies in the Asset Management industry, placing it in the top 8.4%.
Is Impax Asset Management Group's 3-Year ROIIC % too high?
Impax Asset Management Group's current 3-Year ROIIC % of 113.44 is 180% above median its 10-year median of 40.51. The Asset Management industry median 3-Year ROIIC % is 2.15. Impax Asset Management Group's value of 113.44 is 5176.3% above this industry median. Based on the distribution chart, Impax Asset Management Group ranks #55 out of 654 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Impax Asset Management Group has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Impax Asset Management Group's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Impax Asset Management Group ranks #55 out of 654 companies for 3-Year ROIIC %. This places Impax Asset Management Group in the top 8% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.15. Impax Asset Management Group's value of 113.44 is 5176.3% above this benchmark. While the company's 10-year median is 40.51 vs. the industry median of 2.15, Impax Asset Management Group 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 3-Year ROIIC % for an Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 2.15, based on 654 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Impax Asset Management Group's current 3-Year ROIIC % of 113.44 is 5176.3% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Impax Asset Management Group and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impax Asset Management Group's current 3-Year ROIIC % is 113.44, which is 180% above median its own 10-year median of 40.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impax Asset Management Group stock overvalued right now?
Based on GuruFocus' analysis, Impax Asset Management Group (LSE:IPX) is currently considered Significantly Undervalued. The stock's GF Value™ is £2.41, compared to a current price of £0.97 — trading 60% below its estimated fair value. The current 3-Year ROIIC % is 113.44, which is 180% above median its 10-year median of 40.51 and 5176.3% above the Asset Management industry median of 2.15. Impax Asset Management Group's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Impax Asset Management Group (LSE:IPX), the current 3-Year ROIIC % is 113.44 as of Sep. 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 Impax Asset Management Group (LSE:IPX) Overvalued in 2026?
Based on GuruFocus' analysis, Impax Asset Management Group stock appears to be undervalued.
The current stock price of £0.97 is trading 60% below its estimated GF Value™ of £2.41.
GuruFocus considers Impax Asset Management Group to be Significantly Undervalued.
Key valuation signals for LSE:IPX:
3-Year ROIIC %: 113.44 (180% above median its 10-year median of 40.51)
GF Value™: £2.41 vs. price of £0.97 (60% below fair value)
Industry Position: 5176.3% above the Asset Management median (#55 of 654)
No single metric tells the full story. See the LSE:IPX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impax Asset Management Group PLC is an investment firm. It operates in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable economy. The Group is managed on an integrated basis and there is one reportable segment The company offers listed and private equity strategies to institutional clients, with assets under management and advice. Geographically, it derives a majority of revenue from North America and also has a presence in UK; France; Luxembourg; Netherlands; Ireland; Australia and other regions.
63GF Score
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