ALHC (Alignment Healthcare) ROCE %: 29.74% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ALHC Alignment Healthcare Inc ALHC
79 GF Score
Price $14.84
GF Value $20.32
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Alignment Healthcare ROCE %?

Alignment Healthcare ALHC -20.20% 79 ROCE % is 29.74% as of Jun. 2026. GuruFocus rates ALHC with a GF Score™ of 79/100 and a GF Value™ of $20.32 (Modestly Undervalued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Alignment Healthcare's annualized ROCE % for the quarter that ended in Jun. 2026 was 29.74%.

Alignment Healthcare  (NAS:ALHC) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Alignment Healthcare ROCE % Related Terms

Alignment Healthcare ROCE % Historical Data

* Premium members only.

The historical data trend for Alignment Healthcare's ROCE % 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.

Alignment Healthcare ROCE % Chart

Alignment Healthcare Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial -54.83 -30.20 -34.65 -27.53 3.16

Alignment Healthcare Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROCE % 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 20.09 6.39 -8.22 11.86 29.74
ALHC
79GF Score
Alignment Healthcare Inc ALHC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alignment Healthcare ROCE % Calculation

Alignment Healthcare's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=14.841/( ( (782.063 - 351.845) + (1065.786 - 556.866) )/ 2 )
=14.841/( (430.218+508.92)/ 2 )
=14.841/469.569
=3.16 %

Alignment Healthcare's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=168.404/( ( (1261.608 - 724.757) + (1279.038 - 683.407) )/ 2 )
=168.404/( ( 536.851 + 595.631 )/ 2 )
=168.404/566.241
=29.74 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 29.74% mean?
Alignment Healthcare (ALHC) has a ROCE % of 29.74% as of Jun. 2026.
Is Alignment Healthcare's ROCE % too high?
Alignment Healthcare's current ROCE % is 29.74%. The Healthcare Plans industry median ROCE % is 9.38. Alignment Healthcare's value of 29.74% is 217.1% above this industry median. Overall, Alignment Healthcare has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alignment Healthcare's ROCE % compare to PGNY and CLOV?
Alignment Healthcare's ROCE % of 29.74% can be compared against companies in the Healthcare Plans industry. The industry median ROCE % is 9.38. Alignment Healthcare's value of 29.74% is 217.1% 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 ROCE % for a Healthcare Plans company?
The median ROCE % among Healthcare Plans companies is 9.38, based on 15 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alignment Healthcare's current ROCE % of 29.74% is 217.1% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Healthcare Plans industry, the median ROCE % is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alignment Healthcare's current ROCE % is 29.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alignment Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Alignment Healthcare (ALHC) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.32, compared to a current price of $14.84 — trading 27% below its estimated fair value. The current ROCE % is 29.74% and 217.1% above the Healthcare Plans industry median of 9.38. Alignment Healthcare's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Alignment Healthcare (ALHC), the current ROCE % is 29.74% as of Jun. 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.

Is Alignment Healthcare (ALHC) Overvalued in 2026?

Based on GuruFocus' analysis, Alignment Healthcare stock appears to be undervalued. The current stock price of $14.84 is trading 27% below its estimated GF Value™ of $20.32. GuruFocus considers Alignment Healthcare to be Modestly Undervalued.

Key valuation signals for ALHC:

  • ROCE %: 29.74%
  • GF Value™: $20.32 vs. price of $14.84 (27% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 217.1% above the Healthcare Plans median

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

Alignment Healthcare Business Description

Address 1100 W. Town and Country Road, Suite 1600, Orange, CA, USA, 92868
Alignment Healthcare Inc is a next-generation, consumer-centric platform that is revolutionizing the healthcare experience for seniors through Medicare Advantage plans. These plans are marketed and sold direct-to-consumer, allowing seniors to select the manner in which customers receive healthcare coverage and services on an annual basis. The company combines a technology platform and clinical model for more effective health outcomes.
79GF Score

Get the complete analysis for ALHC

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

$14.84
Price
$20.32
GF Value