ASPU (Aspen Group) ROC %: 10.94% (As of Jan. 2026)

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ASPU Aspen Group Inc ASPU
42 GF Score
Price $0.30
! 4 Warning Signs
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What is Aspen Group ROC %?

Aspen Group ASPU -6.64% 42 ROC % is 10.94% as of Jan. 2026. GuruFocus rates ASPU with a GF Score™ of 42/100. The stock has 4 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Aspen Group's annualized return on capital (ROC %) for the quarter that ended in Jan. 2026 was 10.94%.

As of today (2026-08-11), Aspen Group's WACC % is -8.12%. Aspen Group's ROC % is 5.36% (calculated using TTM income statement data). Aspen Group 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.


Aspen Group  (OTCPK:ASPU) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. 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 ROC % 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, Aspen Group's WACC % is -8.12%. Aspen Group's ROC % is 5.36% (calculated using TTM income statement data). Aspen Group 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 %, ROC % 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.


Aspen Group ROC % Related Terms


Aspen Group ROC % Historical Data

* Premium members only.

The historical data trend for Aspen Group's ROC % 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.

Aspen Group ROC % Chart

Aspen Group Annual Data
Trend Feb12 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.55 -28.94 -6.30 -10.30 -10.14

Aspen Group Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul24 Oct24 Jan25 Jul25 Oct25 Jan26
ROC % 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 4.54 5.97 10.94
ASPU
42GF Score
Aspen Group Inc ASPU
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspen Group ROC % Calculation

Aspen Group's annualized Return on Capital (ROC %) for the fiscal year that ended in Apr. 2022 is calculated as:

ROC % (A: Apr. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Apr. 2021 ) + Invested Capital (A: Apr. 2022 ))/ count )
=-7.47 * ( 1 - 0% )/( (66.072 + 81.222)/ 2 )
=-7.47/73.647
=-10.14 %

where

Aspen Group's annualized Return on Capital (ROC %) for the quarter that ended in Jan. 2026 is calculated as:

ROC % (Q: Jan. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Jan. 2026 ))/ count )
=6.924 * ( 1 - 1.1% )/( (61.763 + 63.448)/ 2 )
=6.847836/62.6055
=10.94 %

where

Note: The Operating Income data used here is four times the quarterly (Jan. 2026) 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 ROC % →
What does a ROC % of 10.94% mean?
Aspen Group (ASPU) has a ROC % of 10.94% as of Jan. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Aspen Group and its competitors.
Is Aspen Group's ROC % too high?
Aspen Group's current ROC % is 10.94%. The Education industry median ROC % is 5.23. Aspen Group's value of 10.94% is 109.4% above this industry median. Overall, Aspen Group has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Aspen Group's ROC % compare to VSA and WAFU?
Aspen Group's ROC % of 10.94% can be compared against companies in the Education industry. The industry median ROC % is 5.23. Aspen Group's value of 10.94% is 109.4% 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 ROC % for an Education company?
The median ROC % among Education companies is 5.23, based on 260 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aspen Group's current ROC % of 10.94% is 109.4% 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 % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Aspen Group and its competitors. For the Education industry, the median ROC % is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Group's current ROC % is 10.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Group stock overvalued right now?
Aspen Group (ASPU) has a current ROC % of 10.94%. The current ROC % is 10.94% and 109.4% above the Education industry median of 5.23. Aspen Group's overall GF Score™ is 42/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Aspen Group (ASPU), the current ROC % is 10.94% as of Jan. 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.

Aspen Group Business Description

Address 4605 E. Elwood Street, Suite 300 and 400, Phoenix, AZ, USA, 85040
Aspen Group Inc is an education technology holding company that leverages its infrastructure and expertise to allow its two universities, Aspen University and United States University, to offer Associate, Bachelor's, Master's, and Doctoral degree programs that span multiple programs of study with a concentrated focus on nursing. The schools at its universities include; the School of Nursing and Health Sciences; School of Education; and School of Business and Technology. The company offers affordable tuition and flexible financing solutions to students, to deliver on its vision of making college education affordable again.
42GF Score

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

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