Alzinova AB (OSTO:ALZ) ROC %: -12.77% (As of Mar. 2026)

What is Alzinova AB ROC %?

Alzinova AB OSTO:ALZ +0.55% 21 ROC % is -12.77% as of Mar. 2026. GuruFocus rates OSTO:ALZ with a GF Score™ of 21/100. The stock has 1 warning sign 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 %. Alzinova AB's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -12.77%.

As of today (2026-06-28), Alzinova AB's WACC % is 6.02%. Alzinova AB's ROC % is -17.33% (calculated using TTM income statement data). Alzinova AB earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Alzinova AB (OSTO:ALZ) 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, Alzinova AB's WACC % is 6.02%. Alzinova AB's ROC % is -17.33% (calculated using TTM income statement data). Alzinova AB 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.

Alzinova AB ROC % Related Terms

Alzinova AB ROC % Historical Data

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The historical data trend for Alzinova AB'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.

Alzinova AB ROC % Chart

Alzinova AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROC %

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-13.71

-18.22

-17.93

-18.16

-18.36

Alzinova AB Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROC %	Get a 7-Day Free Trial															-18.99	-23.12	-20.10	-14.05	-12.77

21GF Score

Alzinova AB OSTO:ALZ

ROC % is just one metric. See GF Score™, valuation, warning signs, and more.

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Alzinova AB ROC % Calculation

Alzinova AB'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 )
=	-25.601 * ( 1 - 0% )	/	( (120.597	+	158.316)	/ 2 )
=	-25.601	/	139.4565
=	-18.36 %

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	))
=	133.226	-	2.674	-	( 15.496	-	max(0, 8.604	-	18.559	+	15.496	))
=	120.597

	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	))
=	143.431	-	2.709	-	( 0.319	-	max(0, 19.807	-	2.213	+	0.319	))
=	158.316

Alzinova AB's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	-19.744 * ( 1 - 0% )	/	( (158.316	+	151.013)	/ 2 )
=	-19.744	/	154.6645
=	-12.77 %

where

	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	))
=	143.431	-	2.709	-	( 0.319	-	max(0, 19.807	-	2.213	+	0.319	))
=	158.316

	Invested Capital		(Q: Mar. 2026 )
=	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	))
=	158.624	-	4.23	-	( 11.381	-	max(0, 9.113	-	12.494	+	11.381	))
=	151.013

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -12.77% mean?

Alzinova AB (OSTO:ALZ) has a ROC % of -12.77% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Alzinova AB and its competitors.

Is Alzinova AB's ROC % too high?

Alzinova AB's current ROC % is -12.77%. Overall, Alzinova AB has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.

How does Alzinova AB's ROC % compare to VRTX and REGN?

Alzinova AB's ROC % of -12.77% can be compared against companies in the Biotechnology industry. 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 Biotechnology company?

A good ROC % depends on the Biotechnology industry context. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Alzinova AB and its competitors. Alzinova AB's current ROC % is -12.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Alzinova AB stock overvalued right now?

Alzinova AB (OSTO:ALZ) has a current ROC % of -12.77%. The current ROC % is -12.77%. Alzinova AB's overall GF Score™ is 21/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROC % calculated?

ROC % is calculated from a company's financial statements. For Alzinova AB (OSTO:ALZ), the current ROC % is -12.77% 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.

Alzinova AB Business Description

Industry Healthcare Biotechnology

Comparable Companies OSTO:NXTCL OSTO:ATORX OSTO:IRLAB A OSTO:SIMRIS B OSTO:BIOVIC B OSTO:CMOTEC B OSTO:ONCOZ OSTO:ANNX OSTO:SPAGO OSTO:ACOU VRTX REGN XBRU:UCB XBRU:ARGX XKRX:207940 ALNY ASX:CSL RVMD ONC MRNA

Other Exchanges 78D:Germany

Address Entreprenorsstraket 10, Molndal, SWE, 431 53

Website https://www.alzinova.com

Alzinova AB is a Swedish biotechnology company engaged in the discovery and development of therapeutics for the treatment of Alzheimer's disease. The company is developing ALZ-101, an oligomer-specific therapeutic vaccine currently advancing toward Phase 2 clinical development, and ALZ-201, a monoclonal antibody targeting toxic amyloid-beta (AB) oligomers, which is in preclinical development. The company's proprietary ABCC peptide technology is focused on disease-modifying treatments for Alzheimer's disease.

21GF Score

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