Alliance Developpement Capital SIIC (XPAR:ALDV) ROC %: 0.29% (As of Dec. 2025)

What is Alliance Developpement Capital SIIC ROC %?

Alliance Developpement Capital SIIC XPAR:ALDV ROC % is 0.29% as of Dec. 2025. The stock has 7 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 %. Alliance Developpement Capital SIIC's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 0.29%.

As of today (2026-07-11), Alliance Developpement Capital SIIC's WACC % is 11.52%. Alliance Developpement Capital SIIC's ROC % is 0.10% (calculated using TTM income statement data). Alliance Developpement Capital SIIC earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Alliance Developpement Capital SIIC (XPAR:ALDV) 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, Alliance Developpement Capital SIIC's WACC % is 11.52%. Alliance Developpement Capital SIIC's ROC % is 0.10% (calculated using TTM income statement data). Alliance Developpement Capital SIIC 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.

Alliance Developpement Capital SIIC ROC % Related Terms

Alliance Developpement Capital SIIC ROC % Historical Data

* Premium members only.

The historical data trend for Alliance Developpement Capital SIIC'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.

Alliance Developpement Capital SIIC ROC % Chart

Alliance Developpement Capital SIIC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROC %

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-0.40

0.28

-0.26

-0.11

0.10

Alliance Developpement Capital SIIC Semi-Annual Data
	Jun16	Dec16	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															-0.52	0.17	-0.39	-1.68	0.29

Alliance Developpement Capital SIIC ROC % Calculation

Alliance Developpement Capital SIIC'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 )
=	0.061 * ( 1 - 0% )	/	( (65.734	+	61.049)	/ 2 )
=	0.061	/	63.3915
=	0.10 %

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	))
=	70.34	-	14.897	-	( 2.928	-	max(0, 15.205	-	4.914	+	2.928	))
=	65.734

	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	))
=	68.739	-	14.113	-	( 5.96	-	max(0, 14.403	-	7.98	+	5.96	))
=	61.049

Alliance Developpement Capital SIIC'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 )
=	1.212 * ( 1 - 84.78% )	/	( (64.238	+	61.049)	/ 2 )
=	0.1844664	/	62.6435
=	0.29 %

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	))
=	69.189	-	15.145	-	( 3.204	-	max(0, 15.441	-	5.247	+	3.204	))
=	64.238

	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	))
=	68.739	-	14.113	-	( 5.96	-	max(0, 14.403	-	7.98	+	5.96	))
=	61.049

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%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of 0.29% mean?

Alliance Developpement Capital SIIC (XPAR:ALDV) has a ROC % of 0.29% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Alliance Developpement Capital SIIC and its competitors.

Is Alliance Developpement Capital SIIC's ROC % too high?

Alliance Developpement Capital SIIC's current ROC % is 0.29%. The REITs industry median ROC % is 3.74. Alliance Developpement Capital SIIC's value of 0.29% is 92.2% below this industry median.

How does Alliance Developpement Capital SIIC's ROC % compare to AVB and EQR?

Alliance Developpement Capital SIIC's ROC % of 0.29% can be compared against companies in the REITs industry. The industry median ROC % is 3.74. Alliance Developpement Capital SIIC's value of 0.29% is 92.2% below 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 REITs company?

The median ROC % among REITs companies is 3.74, based on 744 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. Alliance Developpement Capital SIIC's current ROC % of 0.29% is 92.2% below 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 Alliance Developpement Capital SIIC and its competitors. For the REITs industry, the median ROC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliance Developpement Capital SIIC's current ROC % is 0.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Alliance Developpement Capital SIIC stock overvalued right now?

Based on GuruFocus' analysis, Alliance Developpement Capital SIIC (XPAR:ALDV) is currently considered Fairly Valued. The stock's GF Value™ is €0.07, compared to a current price of €0.08 — trading 8.1% above its estimated fair value. The current ROC % is 0.29% and 92.2% below the REITs industry median of 3.74. 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 Alliance Developpement Capital SIIC (XPAR:ALDV), the current ROC % is 0.29% 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.

Alliance Developpement Capital SIIC Business Description

Industry Real Estate REITs

Comparable Companies XPAR:MLORQ AVB EQR ESS INVH MAA SUI UDR ELS AMH CPT JAN MRP DFM:DUBAIRESI IRT TSX:CAR.UN TSE:3269 XPAR:ALTA TSX:BEI.UN TSE:3226

Address Avenue de 9, Saint-Josse-ten-Noode, Bruxelles-Capitale, BEL, 1210

Website http://www.adcsiic.eu

Alliance Developpement Capital SIIC is engaged in real estate investment.