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Alkaloid AD SkopjeXMAE:ALK -1.91%100 Return-on-Tangible-Asset is 9.41% as of Mar. 2026, which is 2% above its 10-year median of 9.20. GuruFocus rates XMAE:ALK with a GF Score™ of 100/100 and a GF Value™ of MKD27,432.65 (Modestly Undervalued). Among 1,007 Drug Manufacturers companies, Alkaloid AD Skopje ranks better than 74.08% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Alkaloid AD Skopje's annualizedNet Income for the quarter that ended in Mar. 2026 was MKD2,062 Mil. Alkaloid AD Skopje's average total tangible assets for the quarter that ended in Mar. 2026 was MKD21,911 Mil. Therefore, Alkaloid AD Skopje's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.41%.
The historical rank and industry rank for Alkaloid AD Skopje's Return-on-Tangible-Asset or its related term are showing as below:
XMAE:ALK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.23 Med: 9.2 Max: 9.89
Current: 8.75
During the past 13 years, Alkaloid AD Skopje's highest Return-on-Tangible-Asset was 9.89%. The lowest was 8.23%. And the median was 9.20%.
XMAE:ALK's Return-on-Tangible-Asset is ranked better than 74.08% of 1007
companies
in the Drug Manufacturers industry
Industry Median: 3.15
vs XMAE:ALK: 8.75
Alkaloid AD Skopje (XMAE:ALK) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Alkaloid AD Skopje Return-on-Tangible-Asset Related Terms
Alkaloid AD Skopje Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Alkaloid AD Skopje's Return-on-Tangible-Asset 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.
XMAE:ALK vs ZTS, UTHR, VTRS: Return-on-Tangible-Asset Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Alkaloid AD Skopje's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Alkaloid AD Skopje Return-on-Tangible-Asset vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Alkaloid AD Skopje's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Alkaloid AD Skopje's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.41% mean?
Alkaloid AD Skopje (XMAE:ALK) has a Return-on-Tangible-Asset of 9.41% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Alkaloid AD Skopje and its competitors. This is near median its historical median of 9.20. Over the past decade, Alkaloid AD Skopje's Return-on-Tangible-Asset has ranged from 8.23 to 9.89. According to the industry distribution chart, Alkaloid AD Skopje ranks #261 out of 1007 companies in the Drug Manufacturers industry, placing it in the top 25.9%.
Is Alkaloid AD Skopje's Return-on-Tangible-Asset too high?
Alkaloid AD Skopje's current Return-on-Tangible-Asset of 9.41% is near median its 10-year median of 9.20. Over the past 10 years, this metric has ranged from a low of 8.23 to a high of 9.89. The Drug Manufacturers industry median Return-on-Tangible-Asset is 3.15. Alkaloid AD Skopje's value of 9.41% is 198.7% above this industry median. Based on the distribution chart, Alkaloid AD Skopje ranks #261 out of 1007 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Alkaloid AD Skopje has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alkaloid AD Skopje's Return-on-Tangible-Asset compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Alkaloid AD Skopje ranks #261 out of 1007 companies for Return-on-Tangible-Asset. This puts Alkaloid AD Skopje in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.15. Alkaloid AD Skopje's value of 9.41% is 198.7% above this benchmark. Historically, Alkaloid AD Skopje's own Return-on-Tangible-Asset has ranged from 8.23 to 9.89 over the past decade. While the company's 10-year median is 9.20 vs. the industry median of 3.15, Alkaloid AD Skopje 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 Return-on-Tangible-Asset for a Drug Manufacturers company?
The median Return-on-Tangible-Asset among Drug Manufacturers companies is 3.15, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alkaloid AD Skopje's current Return-on-Tangible-Asset of 9.41% is 198.7% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Alkaloid AD Skopje and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Asset is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alkaloid AD Skopje's current Return-on-Tangible-Asset is 9.41%, which is near median its own 10-year median of 9.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkaloid AD Skopje stock overvalued right now?
Based on GuruFocus' analysis, Alkaloid AD Skopje (XMAE:ALK) is currently considered Modestly Undervalued. The stock's GF Value™ is MKD27,432.65, compared to a current price of MKD23,050.00 — trading 16% below its estimated fair value. The current Return-on-Tangible-Asset is 9.41%, which is near median its 10-year median of 9.20 and 198.7% above the Drug Manufacturers industry median of 3.15. Alkaloid AD Skopje's overall GF Score™ is 100/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Alkaloid AD Skopje (XMAE:ALK), the current Return-on-Tangible-Asset is 9.41% 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 Alkaloid AD Skopje (XMAE:ALK) Overvalued in 2026?
Based on GuruFocus' analysis, Alkaloid AD Skopje stock appears to be undervalued.
The current stock price of MKD23,050.00 is trading 16% below its estimated GF Value™ of MKD27,432.65.
GuruFocus considers Alkaloid AD Skopje to be Modestly Undervalued.
Key valuation signals for XMAE:ALK:
Return-on-Tangible-Asset: 9.41% (near median its 10-year median of 9.20)
GF Value™: MKD27,432.65 vs. price of MKD23,050.00 (16% below fair value)
Industry Position: 198.7% above the Drug Manufacturers median (#261 of 1007)
No single metric tells the full story. See the XMAE:ALK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alkaloid AD Skopje is engaged in producing and selling pharmaceutical, chemical and cosmetic products, as well as goods from the herbal origin. Its segments are Pharmaceuticals, Chemicals, Cosmetics and Botanicals. It derives maximum revenue from Pharmaceuticals products segment.
100GF Score
Get the complete analysis for XMAE:ALK
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