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Alkaloid AD SkopjeXMAE:ALK -0.21%100 ROC (Joel Greenblatt) % is 12.34% as of Jun. 2026, which is 16% below its 10-year median of 14.73. GuruFocus rates XMAE:ALK with a GF Score™ of 100/100 and a GF Value™ of MKD27,170.91 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 980 Drug Manufacturers companies, Alkaloid AD Skopje ranks better than 57.55% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Alkaloid AD Skopje's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 12.34%.
The historical rank and industry rank for Alkaloid AD Skopje's ROC (Joel Greenblatt) % or its related term are showing as below:
XMAE:ALK'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.15 Med: 14.73 Max: 15.49
Current: 14.9
During the past 13 years, Alkaloid AD Skopje's highest ROC (Joel Greenblatt) % was 15.49%. The lowest was 12.15%. And the median was 14.73%.
XMAE:ALK's ROC (Joel Greenblatt) % is ranked better than 57.55% of 980
companies
in the Drug Manufacturers industry
Industry Median: 10.885
vs XMAE:ALK: 14.90
Alkaloid AD Skopje's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.60% per year.
Alkaloid AD Skopje (XMAE:ALK) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Alkaloid AD Skopje ROC (Joel Greenblatt) % Related Terms
Alkaloid AD Skopje ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Alkaloid AD Skopje's ROC (Joel Greenblatt) % 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: ROC (Joel Greenblatt) % Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Alkaloid AD Skopje's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Alkaloid AD Skopje's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Alkaloid AD Skopje's ROC (Joel Greenblatt) % falls into.
Alkaloid AD Skopje ROC (Joel Greenblatt) % Calculation
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Jun. 2026) EBIT 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.
What does a ROC (Joel Greenblatt) % of 12.34% mean?
Alkaloid AD Skopje (XMAE:ALK) has a ROC (Joel Greenblatt) % of 12.34% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Alkaloid AD Skopje and its competitors. This is 16% below median its historical median of 14.73. Over the past decade, Alkaloid AD Skopje's ROC (Joel Greenblatt) % has ranged from 12.15 to 15.49. According to the industry distribution chart, Alkaloid AD Skopje ranks #416 out of 980 companies in the Drug Manufacturers industry, placing it in the top 42.4%.
Is Alkaloid AD Skopje's ROC (Joel Greenblatt) % too high?
Alkaloid AD Skopje's current ROC (Joel Greenblatt) % of 12.34% is 16% below median its 10-year median of 14.73. Over the past 10 years, this metric has ranged from a low of 12.15 to a high of 15.49. The Drug Manufacturers industry median ROC (Joel Greenblatt) % is 10.89. Alkaloid AD Skopje's value of 12.34% is 13.4% above this industry median. Based on the distribution chart, Alkaloid AD Skopje ranks #416 out of 980 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 ROC (Joel Greenblatt) % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Alkaloid AD Skopje ranks #416 out of 980 companies for ROC (Joel Greenblatt) %. This puts Alkaloid AD Skopje in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.89. Alkaloid AD Skopje's value of 12.34% is 13.4% above this benchmark. Historically, Alkaloid AD Skopje's own ROC (Joel Greenblatt) % has ranged from 12.15 to 15.49 over the past decade. While the company's 10-year median is 14.73 vs. the industry median of 10.89, 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 ROC (Joel Greenblatt) % for a Drug Manufacturers company?
The median ROC (Joel Greenblatt) % among Drug Manufacturers companies is 10.89, based on 980 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alkaloid AD Skopje's current ROC (Joel Greenblatt) % of 12.34% is 13.4% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Alkaloid AD Skopje and its competitors. For the Drug Manufacturers industry, the median ROC (Joel Greenblatt) % is 10.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alkaloid AD Skopje's current ROC (Joel Greenblatt) % is 12.34%, which is 16% below median its own 10-year median of 14.73. 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 MKD27,170.91, compared to a current price of MKD23,748.00 — trading 12.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 12.34%, which is 16% below median its 10-year median of 14.73 and 13.4% above the Drug Manufacturers industry median of 10.89. Alkaloid AD Skopje's overall GF Score™ is 100/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Alkaloid AD Skopje (XMAE:ALK), the current ROC (Joel Greenblatt) % is 12.34% as of Jun. 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 MKD23,748.00 is trading 12.6% below its estimated GF Value™ of MKD27,170.91.
GuruFocus considers Alkaloid AD Skopje to be Modestly Undervalued.
Key valuation signals for XMAE:ALK:
ROC (Joel Greenblatt) %: 12.34% (16% below median its 10-year median of 14.73)
GF Value™: MKD27,170.91 vs. price of MKD23,748.00 (12.6% below fair value)
Industry Position: 13.4% above the Drug Manufacturers median (#416 of 980)
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
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