Alliances Developpement Immobilier (CAS:ADI) ROC %: 6.73% (As of Dec. 2025)


CAS:ADI Alliances Developpement Immobilier SA CAS:ADI
65 GF Score
Price MAD405.00
GF Value MAD404.04
Valuation Fairly Valued
! 4 Warning Signs
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What is Alliances Developpement Immobilier ROC %?

Alliances Developpement Immobilier CAS:ADI +1.76% 65 ROC % is 6.73% as of Dec. 2025. GuruFocus rates CAS:ADI with a GF Score™ of 65/100 and a GF Value™ of MAD404.04 (Fairly Valued). 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 %. Alliances Developpement Immobilier's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 6.73%.

As of today (2026-06-26), Alliances Developpement Immobilier's WACC % is 9.26%. Alliances Developpement Immobilier's ROC % is 7.41% (calculated using TTM income statement data). Alliances Developpement Immobilier earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Alliances Developpement Immobilier  (CAS:ADI) 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, Alliances Developpement Immobilier's WACC % is 9.26%. Alliances Developpement Immobilier's ROC % is 7.41% (calculated using TTM income statement data). Alliances Developpement Immobilier earns returns that do not match up to its cost of capital. It will destroy value as it grows.


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.


Alliances Developpement Immobilier ROC % Related Terms


Alliances Developpement Immobilier ROC % Historical Data

* Premium members only.

The historical data trend for Alliances Developpement Immobilier'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.

Alliances Developpement Immobilier ROC % Chart

Alliances Developpement Immobilier Annual Data
Trend Dec13 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.59 3.27 4.06 5.42 7.24

Alliances Developpement Immobilier Semi-Annual Data
Jun15 Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.74 5.10 5.60 8.26 6.73
CAS:ADI
65GF Score
Alliances Developpement Immobilier SA CAS:ADI
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Alliances Developpement Immobilier ROC % Calculation

Alliances Developpement Immobilier's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=587.946 * ( 1 - 13.1% )/( (7015.676 + 7100.339)/ 2 )
=510.925074/7058.0075
=7.24 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9936.604 - 2184.668 - ( 736.26 - max(0, 3351.629 - 8595.238+736.26))
=7015.676

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9933.557 - 2080.628 - ( 752.59 - max(0, 2766.222 - 8556.778+752.59))
=7100.339

Alliances Developpement Immobilier's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=534.918 * ( 1 - 13.88% )/( (6580.598 + 7100.339)/ 2 )
=460.6713816/6840.4685
=6.73 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9753.549 - 2521.693 - ( 651.258 - max(0, 3263.252 - 8365.582+651.258))
=6580.598

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9933.557 - 2080.628 - ( 752.59 - max(0, 2766.222 - 8556.778+752.59))
=7100.339

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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 6.73% mean?
Alliances Developpement Immobilier (CAS:ADI) has a ROC % of 6.73% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Alliances Developpement Immobilier and its competitors.
Is Alliances Developpement Immobilier's ROC % too high?
Alliances Developpement Immobilier's current ROC % is 6.73%. The Real Estate industry median ROC % is 2.19. Alliances Developpement Immobilier's value of 6.73% is 207.3% above this industry median. Overall, Alliances Developpement Immobilier has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alliances Developpement Immobilier's ROC % compare to competitors?
Alliances Developpement Immobilier's ROC % of 6.73% can be compared against companies in the Real Estate industry. The industry median ROC % is 2.19. Alliances Developpement Immobilier's value of 6.73% is 207.3% 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 Real Estate company?
The median ROC % among Real Estate companies is 2.19, based on 1,757 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. Alliances Developpement Immobilier's current ROC % of 6.73% is 207.3% 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 Alliances Developpement Immobilier and its competitors. For the Real Estate industry, the median ROC % is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliances Developpement Immobilier's current ROC % is 6.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alliances Developpement Immobilier stock overvalued right now?
Based on GuruFocus' analysis, Alliances Developpement Immobilier (CAS:ADI) is currently considered Fairly Valued. The stock's GF Value™ is MAD404.04, compared to a current price of MAD405.00 — trading 0.2% above its estimated fair value. The current ROC % is 6.73% and 207.3% above the Real Estate industry median of 2.19. Alliances Developpement Immobilier's overall GF Score™ is 65/100 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 Alliances Developpement Immobilier (CAS:ADI), the current ROC % is 6.73% 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 Alliances Developpement Immobilier (CAS:ADI) Overvalued in 2026?

Based on GuruFocus' analysis, Alliances Developpement Immobilier stock appears to be overvalued. The current stock price of MAD405.00 is trading 0.2% above its estimated GF Value™ of MAD404.04. GuruFocus considers Alliances Developpement Immobilier to be Fairly Valued.

Key valuation signals for CAS:ADI:

  • ROC %: 6.73%
  • GF Value™: MAD404.04 vs. price of MAD405.00 (0.2% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 207.3% above the Real Estate median

No single metric tells the full story. See the CAS:ADI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alliances Developpement Immobilier Business Description

Address 16, Rue Ali Abderrazak, Casablanca, MAR
Alliances Developpement Immobilier SA provides real estate services. Its business activities include development, building, marketing and managing of commercial and residential assets as well as tourist property.
65GF Score

Get the complete analysis for CAS:ADI

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

MAD405.00
Price
MAD404.04
GF Value