ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Alter Ego Media's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 29.43%.
As of today (2026-07-04), Alter Ego Media's WACC % is 10.07%. Alter Ego Media's ROC % is 17.26% (calculated using TTM income statement data).
Alter Ego Media 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.
Alter Ego Media (ATH:AEM) 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, Alter Ego Media's WACC % is 10.07%. Alter Ego Media's ROC % is 17.26% (calculated using TTM income statement data).
Alter Ego Media 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.
Alter Ego Media ROC % Related Terms
Alter Ego Media ROC % Historical Data
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The historical data trend for Alter Ego Media'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.
Note:
The Operating Income data used here is two times the semi-annual (Dec. 2025) 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.
Alter Ego Media (ATH:AEM) has a ROC % of 29.43% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Alter Ego Media and its competitors.
Is Alter Ego Media's ROC % too high?
Alter Ego Media's current ROC % is 29.43%. The Media - Diversified industry median ROC % is 1.39. Alter Ego Media's value of 29.43% is 2017.3% above this industry median. Overall, Alter Ego Media has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Alter Ego Media's ROC % compare to APP and OMC?
Alter Ego Media's ROC % of 29.43% can be compared against companies in the Media - Diversified industry. The industry median ROC % is 1.39. Alter Ego Media's value of 29.43% is 2017.3% 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 ROC % for a Media - Diversified company?
The median ROC % among Media - Diversified companies is 1.39, based on 1,008 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. Alter Ego Media's current ROC % of 29.43% is 2017.3% 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 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 Alter Ego Media and its competitors. For the Media - Diversified industry, the median ROC % is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alter Ego Media's current ROC % is 29.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alter Ego Media stock overvalued right now?
Alter Ego Media (ATH:AEM) has a current ROC % of 29.43%. The current ROC % is 29.43% and 2017.3% above the Media - Diversified industry median of 1.39. Alter Ego Media's overall GF Score™ is 18/100 with 2 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 Alter Ego Media (ATH:AEM), the current ROC % is 29.43% 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.
Alter Ego Media SA operates in two sectors. The first sector includes television broadcasting, radio broadcasting and audiovisual content creation. The television broadcasting activity is carried out through the television station with the MEGA logo, as well as MEGA's Hybrid Television, MEGA PLAY and the website. The radio broadcasting activity is carried out through the radio station MY RADIO 104.6. The Group is also actively involved in the development and creation of original audiovisual content, on the one hand intended to meet the needs of the Group. The second sector includes printed and electronic publications. This activity includes the news media TO VIMA, TA NEA and OIKONOMIKOS TACHYDROMOS, the web portal, as well as the creation of thematic content for various subjects.
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