Altrova Health (XCNQ:ROVA) ROC %: -96.01% (As of Mar. 2026)


What is Altrova Health ROC %?

Altrova Health XCNQ:ROVA -10.00% ROC % is -96.01% as of Mar. 2026. The stock has 3 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 %. Altrova Health's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -96.01%.

As of today (2026-06-24), Altrova Health's WACC % is 9.49%. Altrova Health's ROC % is -51.27% (calculated using TTM income statement data). Altrova Health earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Altrova Health  (XCNQ:ROVA) 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, Altrova Health's WACC % is 9.49%. Altrova Health's ROC % is -51.27% (calculated using TTM income statement data). Altrova Health 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.

Altrova Health ROC % Related Terms

Altrova Health ROC % Historical Data

* Premium members only.

The historical data trend for Altrova Health'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.

Altrova Health ROC % Chart

Altrova Health Annual Data
Trend Sep23 Sep24 Sep25
ROC %
0.00 -25,452.94 -109.15

Altrova Health Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -86.37 -29.95 -47.62 -45.77 -96.01

Altrova Health ROC % Calculation

Altrova Health's annualized Return on Capital (ROC %) for the fiscal year that ended in Sep. 2025 is calculated as:

ROC % (A: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2024 ) + Invested Capital (A: Sep. 2025 ))/ count )
=-1.599 * ( 1 - 0% )/( (0.017 + 2.913)/ 2 )
=-1.599/1.465
=-109.15 %

where

Invested Capital(A: Sep. 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))
=0.895 - 0.551 - ( 0.807 - max(0, 0.551 - 0.878+0.807))
=0.017

Invested Capital(A: Sep. 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))
=3.248 - 0.856 - ( 0.216 - max(0, 0.856 - 0.335+0.216))
=2.913

Altrova Health'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 )
=-3.12 * ( 1 - 0% )/( (3.257 + 3.242)/ 2 )
=-3.12/3.2495
=-96.01 %

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))
=3.981 - 0.975 - ( 0.561 - max(0, 0.975 - 0.724+0.561))
=3.257

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))
=3.81 - 1.454 - ( 0.392 - max(0, 1.454 - 0.568+0.392))
=3.242

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%.

* 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 -96.01% mean?
Altrova Health (XCNQ:ROVA) has a ROC % of -96.01% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Altrova Health and its competitors.
Is Altrova Health's ROC % too high?
Altrova Health's current ROC % is -96.01%.
How does Altrova Health's ROC % compare to BLK and BX?
Altrova Health's ROC % of -96.01% can be compared against companies in the Asset Management industry. The industry median ROC % is 1.18. 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 Asset Management company?
The median ROC % among Asset Management companies is 1.18, based on 709 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. 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 Altrova Health and its competitors. For the Asset Management industry, the median ROC % is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altrova Health's current ROC % is -96.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altrova Health stock overvalued right now?
Altrova Health (XCNQ:ROVA) has a current ROC % of -96.01%. The current ROC % is -96.01%. 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 Altrova Health (XCNQ:ROVA), the current ROC % is -96.01% 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.

Altrova Health Business Description

Other Exchanges SSPLF:USA
Address 666 Burrard Street, 25th Floor, Vancouver, BC, CAN, V6C 2X8
Altrova Health Inc is a Canadian public company building a growing portfolio of health solutions across detection, protection, treatment, and wellness. The Company is focused on supporting multiple products, brands, and growth pathways under one stronger corporate identity, expanding beyond any single product story to create a more durable business. The Company continues to evaluate opportunities to expand its product offerings across the public health and safety sector.