Alfa Plam a.d (XBEL:ALFA) ROC %: 17.17% (As of Jun. 2022)


XBEL:ALFA Alfa Plam a.d XBEL:ALFA
19 GF Score
Price RSD21,010.00
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What is Alfa Plam a.d ROC %?

Alfa Plam a.d XBEL:ALFA 19 ROC % is 17.17% as of Jun. 2022. GuruFocus rates XBEL:ALFA with a GF Score™ of 19/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Alfa Plam a.d's annualized return on capital (ROC %) for the quarter that ended in Jun. 2022 was 17.17%.

As of today (2026-06-28), Alfa Plam a.d's WACC % is 0.00%. Alfa Plam a.d's ROC % is 0.00% (calculated using TTM income statement data). Alfa Plam a.d earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Alfa Plam a.d  (XBEL:ALFA) 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, Alfa Plam a.d's WACC % is 0.00%. Alfa Plam a.d's ROC % is 0.00% (calculated using TTM income statement data). Alfa Plam a.d 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.


Alfa Plam a.d ROC % Related Terms


Alfa Plam a.d ROC % Historical Data

* Premium members only.

The historical data trend for Alfa Plam a.d'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.

Alfa Plam a.d ROC % Chart

Alfa Plam a.d Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.63 4.97 1.14 0.26 8.24

Alfa Plam a.d Semi-Annual Data
Dec11 Dec12 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.18 0.34 22.39 -2.00 17.17
XBEL:ALFA
19GF Score
Alfa Plam a.d XBEL:ALFA
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Alfa Plam a.d ROC % Calculation

Alfa Plam a.d's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2021 is calculated as:

ROC % (A: Dec. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2020 ) + Invested Capital (A: Dec. 2021 ))/ count )
=728.252 * ( 1 - 12.29% )/( (7052.054 + 8451.765)/ 2 )
=638.7498292/7751.9095
=8.24 %

where

Invested Capital(A: Dec. 2020 )
=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))
=9674.582 - 748.649 - ( 1873.879 - max(0, 1237.714 - 4310.566+1873.879))
=7052.054

Invested Capital(A: Dec. 2021 )
=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))
=10646.279 - 1101.173 - ( 1093.341 - max(0, 1534.023 - 4390.624+1093.341))
=8451.765

Alfa Plam a.d's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2022 is calculated as:

ROC % (Q: Jun. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Jun. 2022 ))/ count )
=1515.496 * ( 1 - 0% )/( (8451.765 + 9196.659)/ 2 )
=1515.496/8824.212
=17.17 %

where

Invested Capital(Q: Dec. 2021 )
=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))
=10646.279 - 1101.173 - ( 1093.341 - max(0, 1534.023 - 4390.624+1093.341))
=8451.765

Invested Capital(Q: Jun. 2022 )
=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))
=11797.473 - 1570.289 - ( 1030.525 - max(0, 2017.263 - 5883.17+1030.525))
=9196.659

Note: The Operating Income data used here is two times the semi-annual (Jun. 2022) 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 17.17% mean?
Alfa Plam a.d (XBEL:ALFA) has a ROC % of 17.17% as of Jun. 2022. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Alfa Plam a.d and its competitors.
Is Alfa Plam a.d's ROC % too high?
Alfa Plam a.d's current ROC % is 17.17%. The Furnishings, Fixtures & Appliances industry median ROC % is 3.46. Alfa Plam a.d's value of 17.17% is 396.2% above this industry median. Overall, Alfa Plam a.d has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Alfa Plam a.d's ROC % compare to WHR and FBHS?
Alfa Plam a.d's ROC % of 17.17% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROC % is 3.46. Alfa Plam a.d's value of 17.17% is 396.2% 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 Furnishings, Fixtures & Appliances company?
The median ROC % among Furnishings, Fixtures & Appliances companies is 3.46, based on 428 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. Alfa Plam a.d's current ROC % of 17.17% is 396.2% 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 Alfa Plam a.d and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alfa Plam a.d's current ROC % is 17.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfa Plam a.d stock overvalued right now?
Alfa Plam a.d (XBEL:ALFA) has a current ROC % of 17.17%. The current ROC % is 17.17% and 396.2% above the Furnishings, Fixtures & Appliances industry median of 3.46. Alfa Plam a.d's overall GF Score™ is 19/100. 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 Alfa Plam a.d (XBEL:ALFA), the current ROC % is 17.17% as of Jun. 2022. 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.

Alfa Plam a.d Business Description

Address Radnicka 1, Vranje, SRB, 17500
Alfa Plam a.d is a manufacturer of non-electric household appliances. The company's product offerings include solid fuel furnaces and stoves, solid fuel fireplaces and stoves, gas furnaces, central heating stoves, boilers, electric and electric gas programs. The company markets its products in the domestic as well as in Europe's markets. The products of Alfa-Plam are primarily intended for the households market.
19GF 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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