Corby Spirit and WineCBYDF -2.73%93 Return-on-Tangible-Asset is 15.14% as of Mar. 2026, which is 8% above its 10-year median of 14.01. GuruFocus rates CBYDF with a GF Score™ of 93/100 and a GF Value™ of $11.13 (Fairly Valued). The stock has 7 warning signs investors should review. Among 214 Beverages - Alcoholic companies, Corby Spirit and Wine ranks better than 92.99% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Corby Spirit and Wine's annualizedNet Income for the quarter that ended in Mar. 2026 was $23.1 Mil. Corby Spirit and Wine's average total tangible assets for the quarter that ended in Mar. 2026 was $152.6 Mil. Therefore, Corby Spirit and Wine's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.14%.
The historical rank and industry rank for Corby Spirit and Wine's Return-on-Tangible-Asset or its related term are showing as below:
CBYDF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.03 Med: 14.01 Max: 16.31
Current: 16.31
During the past 13 years, Corby Spirit and Wine's highest Return-on-Tangible-Asset was 16.31%. The lowest was 9.03%. And the median was 14.01%.
CBYDF's Return-on-Tangible-Asset is ranked better than 92.99% of 214
companies
in the Beverages - Alcoholic industry
Industry Median: 3.085
vs CBYDF: 16.31
Corby Spirit and Wine (OTCPK:CBYDF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Corby Spirit and Wine Return-on-Tangible-Asset Related Terms
Corby Spirit and Wine Return-on-Tangible-Asset Historical Data
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The historical data trend for Corby Spirit and Wine's Return-on-Tangible-Asset 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.
Corby Spirit and Wine Return-on-Tangible-Asset Chart
CBYDF vs BF.B: Return-on-Tangible-Asset Comparison
For the Beverages - Wineries & Distilleries subindustry, Corby Spirit and Wine's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Corby Spirit and Wine Return-on-Tangible-Asset vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Corby Spirit and Wine's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Corby Spirit and Wine's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 15.14% mean?
Corby Spirit and Wine (CBYDF) has a Return-on-Tangible-Asset of 15.14% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Corby Spirit and Wine and its competitors. This is near median its historical median of 14.01. Over the past decade, Corby Spirit and Wine's Return-on-Tangible-Asset has ranged from 9.03 to 16.31. According to the industry distribution chart, Corby Spirit and Wine ranks #15 out of 214 companies in the Beverages - Alcoholic industry, placing it in the top 7%.
Is Corby Spirit and Wine's Return-on-Tangible-Asset too high?
Corby Spirit and Wine's current Return-on-Tangible-Asset of 15.14% is near median its 10-year median of 14.01. Over the past 10 years, this metric has ranged from a low of 9.03 to a high of 16.31. The Beverages - Alcoholic industry median Return-on-Tangible-Asset is 3.09. Corby Spirit and Wine's value of 15.14% is 390.8% above this industry median. Based on the distribution chart, Corby Spirit and Wine ranks #15 out of 214 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Corby Spirit and Wine has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Corby Spirit and Wine's Return-on-Tangible-Asset compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Corby Spirit and Wine ranks #15 out of 214 companies for Return-on-Tangible-Asset. This places Corby Spirit and Wine in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.09. Corby Spirit and Wine's value of 15.14% is 390.8% above this benchmark. Historically, Corby Spirit and Wine's own Return-on-Tangible-Asset has ranged from 9.03 to 16.31 over the past decade. While the company's 10-year median is 14.01 vs. the industry median of 3.09, Corby Spirit and Wine 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 Return-on-Tangible-Asset for a Beverages - Alcoholic company?
The median Return-on-Tangible-Asset among Beverages - Alcoholic companies is 3.09, based on 214 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Corby Spirit and Wine's current Return-on-Tangible-Asset of 15.14% is 390.8% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Corby Spirit and Wine and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corby Spirit and Wine's current Return-on-Tangible-Asset is 15.14%, which is near median its own 10-year median of 14.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corby Spirit and Wine stock overvalued right now?
Based on GuruFocus' analysis, Corby Spirit and Wine (CBYDF) is currently considered Fairly Valued. The stock's GF Value™ is $11.13, compared to a current price of $11.06 — trading 0.6% below its estimated fair value. The current Return-on-Tangible-Asset is 15.14%, which is near median its 10-year median of 14.01 and 390.8% above the Beverages - Alcoholic industry median of 3.09. Corby Spirit and Wine's overall GF Score™ is 93/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Corby Spirit and Wine (CBYDF), the current Return-on-Tangible-Asset is 15.14% 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.
Is Corby Spirit and Wine (CBYDF) Overvalued in 2026?
Based on GuruFocus' analysis, Corby Spirit and Wine stock appears to be undervalued.
The current stock price of $11.06 is trading 0.6% below its estimated GF Value™ of $11.13.
GuruFocus considers Corby Spirit and Wine to be Fairly Valued.
Key valuation signals for CBYDF:
Return-on-Tangible-Asset: 15.14% (near median its 10-year median of 14.01)
GF Value™: $11.13 vs. price of $11.06 (0.6% below fair value)
Industry Position: 390.8% above the Beverages - Alcoholic median (#15 of 214)
No single metric tells the full story. See the CBYDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer, and importer of spirits, wines, and ready-to-drink cocktails. The company derives its revenues from the sale of its owned brands in Canada and other international markets, as well as earning commissions from representing selected non-owned brands in the Canadian market. It has two reportable segments: Case Goods and Commissions. Maximum revenue is generated from its Case Goods segment, which is involved in the production and distribution of its owned beverage alcohol brands. Corby's portfolio of owned brands includes J. P. Wiser's Canadian whisky, Lamb's rum, Polar Ice vodka, McGuinness liqueurs, and Cottage Springs and Nude RTD beverages. Geographically, it derives key revenue from Canada, followed by the USA, UK, and others.
93GF Score
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