Alkaloid AD Skopje (XMAE:ALK) 3-Year ROIIC % : 21.54% (As of Dec. 2025) — 30% Above Median

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Director of Data and Quant Analytics at GuruFocus
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XMAE:ALK Alkaloid AD Skopje XMAE:ALK
100 GF Score
Price MKD23,300.00
GF Value MKD27,375.54
Valuation Modestly Undervalued
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What is Alkaloid AD Skopje 3-Year ROIIC %?

Alkaloid AD Skopje XMAE:ALK +1.30% 100 3-Year ROIIC % is 21.54 as of Dec. 2025, which is 30% above its 10-year median of 16.56. GuruFocus rates XMAE:ALK with a GF Score™ of 100/100 and a GF Value™ of MKD27,375.54 (Modestly Undervalued). Among 948 Drug Manufacturers companies, Alkaloid AD Skopje ranks better than 71.62% on this metric.

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. Alkaloid AD Skopje's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 21.54%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

XMAE:ALK's 3-Year ROIIC % is ranked better than
71.62% of 948 companies
in the Drug Manufacturers industry
Industry Median: 3.72 vs XMAE:ALK: 21.54

Alkaloid AD Skopje  (XMAE:ALK) 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.


Alkaloid AD Skopje 3-Year ROIIC % Related Terms


Alkaloid AD Skopje 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Alkaloid AD Skopje'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.

Alkaloid AD Skopje 3-Year ROIIC % Chart

Alkaloid AD Skopje Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.84 12.47 12.16 22.85 21.54

Alkaloid AD Skopje Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 21.54 0.00

XMAE:ALK vs ZTS, UTHR, VTRS: 3-Year ROIIC % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Alkaloid AD Skopje'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.


Alkaloid AD Skopje 3-Year ROIIC % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Alkaloid AD Skopje's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Alkaloid AD Skopje's 3-Year ROIIC % falls into.


XMAE:ALK
100GF Score
Alkaloid AD Skopje XMAE:ALK
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Alkaloid AD Skopje 3-Year ROIIC % Calculation

Alkaloid AD Skopje's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 2719.9919166 (Dec. 2025) - 1542.8952418 (Dec. 2022) )/( 19854.435 (Dec. 2025) - 14388.658 (Dec. 2022) )
=1177.0966748/5465.777
=21.54%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 21.54 mean?
Alkaloid AD Skopje (XMAE:ALK) has a 3-Year ROIIC % of 21.54 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Alkaloid AD Skopje and its competitors. This is 30% above median its historical median of 16.56. According to the industry distribution chart, Alkaloid AD Skopje ranks #269 out of 948 companies in the Drug Manufacturers industry, placing it in the top 28.4%.
Is Alkaloid AD Skopje's 3-Year ROIIC % too high?
Alkaloid AD Skopje's current 3-Year ROIIC % of 21.54 is 30% above median its 10-year median of 16.56. The Drug Manufacturers industry median 3-Year ROIIC % is 3.72. Alkaloid AD Skopje's value of 21.54 is 479% above this industry median. Based on the distribution chart, Alkaloid AD Skopje ranks #269 out of 948 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Alkaloid AD Skopje has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alkaloid AD Skopje's 3-Year ROIIC % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Alkaloid AD Skopje ranks #269 out of 948 companies for 3-Year ROIIC %. This puts Alkaloid AD Skopje in the upper half of its industry. The industry median 3-Year ROIIC % is 3.72. Alkaloid AD Skopje's value of 21.54 is 479% above this benchmark. While the company's 10-year median is 16.56 vs. the industry median of 3.72, Alkaloid AD Skopje has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Drug Manufacturers company?
The median 3-Year ROIIC % among Drug Manufacturers companies is 3.72, based on 948 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alkaloid AD Skopje's current 3-Year ROIIC % of 21.54 is 479% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Alkaloid AD Skopje and its competitors. For the Drug Manufacturers industry, the median 3-Year ROIIC % is 3.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alkaloid AD Skopje's current 3-Year ROIIC % is 21.54, which is 30% above median its own 10-year median of 16.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkaloid AD Skopje stock overvalued right now?
Based on GuruFocus' analysis, Alkaloid AD Skopje (XMAE:ALK) is currently considered Modestly Undervalued. The stock's GF Value™ is MKD27,375.54, compared to a current price of MKD23,300.00 — trading 14.9% below its estimated fair value. The current 3-Year ROIIC % is 21.54, which is 30% above median its 10-year median of 16.56 and 479% above the Drug Manufacturers industry median of 3.72. Alkaloid AD Skopje's overall GF Score™ is 100/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Alkaloid AD Skopje (XMAE:ALK), the current 3-Year ROIIC % is 21.54 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.

Is Alkaloid AD Skopje (XMAE:ALK) Overvalued in 2026?

Based on GuruFocus' analysis, Alkaloid AD Skopje stock appears to be undervalued. The current stock price of MKD23,300.00 is trading 14.9% below its estimated GF Value™ of MKD27,375.54. GuruFocus considers Alkaloid AD Skopje to be Modestly Undervalued.

Key valuation signals for XMAE:ALK:

  • 3-Year ROIIC %: 21.54 (30% above median its 10-year median of 16.56)
  • GF Value™: MKD27,375.54 vs. price of MKD23,300.00 (14.9% below fair value)
  • GF Score™: 100/100
  • Industry Position: 479% above the Drug Manufacturers median (#269 of 948)

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


Alkaloid AD Skopje Business Description

Address Boulevard Aleksandar, Makedonski 12, Skopje, MKD, 1000
Alkaloid AD Skopje is engaged in producing and selling pharmaceutical, chemical and cosmetic products, as well as goods from the herbal origin. Its segments are Pharmaceuticals, Chemicals, Cosmetics and Botanicals. It derives maximum revenue from Pharmaceuticals products segment.
100GF Score

Get the complete analysis for XMAE:ALK

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

MKD23,300.00
Price
MKD27,375.54
GF Value