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ALHC (Alignment Healthcare) 3-Year ROIIC % : -281.98% (As of Dec. 2023)


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What is Alignment Healthcare 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Alignment Healthcare's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -281.98%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Alignment Healthcare's 3-Year ROIIC % or its related term are showing as below:

ALHC's 3-Year ROIIC % is ranked worse than
95.24% of 21 companies
in the Healthcare Plans industry
Industry Median: 3.82 vs ALHC: -281.98

Alignment Healthcare 3-Year ROIIC % Historical Data

The historical data trend for Alignment Healthcare's 3-Year ROIIC % 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.

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Alignment Healthcare 3-Year ROIIC % Chart

Alignment Healthcare Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
- - - -260.05 -281.98

Alignment Healthcare Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
3-Year ROIIC % 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 - -281.98 - - -

Competitive Comparison of Alignment Healthcare's 3-Year ROIIC %

For the Healthcare Plans subindustry, Alignment Healthcare's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alignment Healthcare's 3-Year ROIIC % Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Alignment Healthcare's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Alignment Healthcare's 3-Year ROIIC % falls into.



Alignment Healthcare 3-Year ROIIC % Calculation

Alignment Healthcare's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -127.8042183 (Dec. 2023) - -5.263 (Dec. 2020) )/( 142.455 (Dec. 2023) - 98.998 (Dec. 2020) )
=-122.5412183/43.457
=-281.98%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Alignment Healthcare  (NAS:ALHC) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Alignment Healthcare 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Alignment Healthcare's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Alignment Healthcare Business Description

Traded in Other Exchanges
N/A
Address
1100 West 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.
Executives
Hakan Kardes officer: Chief Technology Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, SUITE 160, ORANGE CA 92868
Dawn Christine Maroney officer: President, Markets C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Robert Thomas Freeman officer: Chief Financial Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
John E Kao director, officer: Chief Executive Officer
Joseph S Konowiecki director 5995 PLAZA DR, CYPRESS CA 90630
Hyong Kim officer: Chief Medical Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W TOWN AND COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Christopher J Joyce officer: Chief Legal and Admin. Officer C/O ALLIANCE ENTERTAINMENT CORP, 110 EAST 59TH STREET 18TH FLOOR, NEW YORK NY 10022
Jeffrey H Margolis director 567 SAN NICHOLAS DRIVE, SUITE 360, NEWPORT BEACH CA 92660
Robert L. Scavo officer: Chief Information Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, SUITE 160, ORANGE CA 92868
Melinda Michele Kimbro officer: Chief People Officer 6155 EL CAMINO REAL, CARLSBAD CA 92009
Dinesh M. Kumar officer: Chief Health Officer C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN & COUNTRY ROAD, SUITE 1600, ORANGE CA 92868
Richard A. Cross officer: SVP, General Counsel C/O ALIGNMENT HEALTHCARE, INC., 1100 W. TOWN AND COUNTRY ROAD, STE. 1600, ORANGE CA 92868
Warburg Pincus Llc director, 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
General Atlantic (aln Hlth), L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY, LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p. director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055