Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Impax Environmental Markets's 3-Year RORE % for the quarter that ended in Dec. 2025 was 181.89%.
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Impax Environmental Markets 3-Year RORE % Related Terms
Impax Environmental Markets 3-Year RORE % 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.
CHIX:IEML vs BLK, BX, KKR: 3-Year RORE % Comparison
For the Asset Management subindustry, Impax Environmental Markets's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 Environmental Markets 3-Year RORE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Impax Environmental Markets's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Impax Environmental Markets's 3-Year RORE % 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2025 and 3-year before.
Impax Environmental Markets (CHIX:IEML) has a 3-Year RORE % of 181.89 as of Dec. 2025. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Impax Environmental Markets and its competitors. According to the industry distribution chart, Impax Environmental Markets ranks #126 out of 1532 companies in the Asset Management industry, placing it in the top 8.2%.
Is Impax Environmental Markets' 3-Year RORE % too high?
Impax Environmental Markets' current 3-Year RORE % is 181.89. The Asset Management industry median 3-Year RORE % is 12.18. Impax Environmental Markets' value of 181.89 is 1393.3% above this industry median. Based on the distribution chart, Impax Environmental Markets ranks #126 out of 1532 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Impax Environmental Markets has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Impax Environmental Markets' 3-Year RORE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Impax Environmental Markets ranks #126 out of 1532 companies for 3-Year RORE %. This places Impax Environmental Markets in the top 8% of its industry — outperforming the majority of peers. The industry median 3-Year RORE % is 12.18. Impax Environmental Markets' value of 181.89 is 1393.3% 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 3-Year RORE % for an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 12.18, based on 1,532 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Impax Environmental Markets's current 3-Year RORE % of 181.89 is 1393.3% 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 RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Impax Environmental Markets and its competitors. For the Asset Management industry, the median 3-Year RORE % is 12.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impax Environmental Markets's current 3-Year RORE % is 181.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impax Environmental Markets stock overvalued right now?
Based on GuruFocus' analysis, Impax Environmental Markets (CHIX:IEML) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.24, compared to a current price of £4.24 — trading 241.5% above its estimated fair value. The current 3-Year RORE % is 181.89 and 1393.3% above the Asset Management industry median of 12.18. Impax Environmental Markets' overall GF Score™ is 30/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Impax Environmental Markets (CHIX:IEML), the current 3-Year RORE % is 181.89 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 Impax Environmental Markets (CHIX:IEML) Overvalued in 2026?
Based on GuruFocus' analysis, Impax Environmental Markets stock appears to be overvalued.
The current stock price of £4.24 is trading 241.5% above its estimated GF Value™ of £1.24.
GuruFocus considers Impax Environmental Markets to be Significantly Overvalued.
Key valuation signals for CHIX:IEML:
3-Year RORE %: 181.89
GF Value™: £1.24 vs. price of £4.24 (241.5% above fair value)
Industry Position: 1393.3% above the Asset Management median (#126 of 1532)
No single metric tells the full story. See the CHIX:IEML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impax Environmental Markets PLC is an investment trust company that is engaged in portfolio management. The company's investment objective is to enable investors to benefit from growth in the markets for cleaner or more efficient delivery of basic services of energy, water, and waste. It invests in quoted companies that provide, utilize, implement, or advise upon technology-based systems, products, or services in environmental markets, particularly those of alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management.
30GF Score
Get the complete analysis for CHIX:IEML
3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:IEML has been successfully added to your 
