Corby Spirit and WineCBYDF 94 Return-on-Tangible-Equity is 673.31% as of Mar. 2026, which is 3364% above its 10-year median of 19.44. GuruFocus rates CBYDF with a GF Score™ of 94/100 and a GF Value™ of $11.38 (Fairly Valued). The stock has 7 warning signs investors should review. Among 201 Beverages - Alcoholic companies, Corby Spirit and Wine ranks better than 99.5% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Corby Spirit and Wine's annualized net income for the quarter that ended in Mar. 2026 was $23.1 Mil. Corby Spirit and Wine's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $3.4 Mil. Therefore, Corby Spirit and Wine's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 673.31%.
The historical rank and industry rank for Corby Spirit and Wine's Return-on-Tangible-Equity or its related term are showing as below:
CBYDF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.12 Med: 19.44 Max: 51.22
Current: Negative Tangible Equity
During the past 13 years, Corby Spirit and Wine's highest Return-on-Tangible-Equity was 51.22%. The lowest was 17.12%. And the median was 19.44%.
CBYDF's Return-on-Tangible-Equity is ranked better than 99.5% of 201
companies
in the Beverages - Alcoholic industry
Industry Median: 8.55
vs CBYDF: Negative Tangible Equity
Corby Spirit and Wine (OTCPK:CBYDF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Corby Spirit and Wine Return-on-Tangible-Equity Related Terms
Corby Spirit and Wine Return-on-Tangible-Equity Historical Data
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The historical data trend for Corby Spirit and Wine's Return-on-Tangible-Equity 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-Equity Chart
CBYDF vs BF.B: Return-on-Tangible-Equity Comparison
For the Beverages - Wineries & Distilleries subindustry, Corby Spirit and Wine's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Corby Spirit and Wine's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Corby Spirit and Wine's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 673.31% mean?
Corby Spirit and Wine (CBYDF) has a Return-on-Tangible-Equity of 673.31% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Corby Spirit and Wine and its competitors. This is 3364% above median its historical median of 19.44. Over the past decade, Corby Spirit and Wine's Return-on-Tangible-Equity has ranged from 17.12 to 51.22. According to the industry distribution chart, Corby Spirit and Wine ranks #1 out of 201 companies in the Beverages - Alcoholic industry, placing it in the top 0.5%.
Is Corby Spirit and Wine's Return-on-Tangible-Equity too high?
Corby Spirit and Wine's current Return-on-Tangible-Equity of 673.31% is 3364% above median its 10-year median of 19.44. Over the past 10 years, this metric has ranged from a low of 17.12 to a high of 51.22. The Beverages - Alcoholic industry median Return-on-Tangible-Equity is 8.55. Corby Spirit and Wine's value of 673.31% is 7775% above this industry median. Based on the distribution chart, Corby Spirit and Wine ranks #1 out of 201 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 94/100 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-Equity compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Corby Spirit and Wine ranks #1 out of 201 companies for Return-on-Tangible-Equity. This places Corby Spirit and Wine in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.55. Corby Spirit and Wine's value of 673.31% is 7775% above this benchmark. Historically, Corby Spirit and Wine's own Return-on-Tangible-Equity has ranged from 17.12 to 51.22 over the past decade. While the company's 10-year median is 19.44 vs. the industry median of 8.55, 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-Equity for a Beverages - Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Alcoholic companies is 8.55, based on 201 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 673.31% is 7775% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Corby Spirit and Wine and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Equity is 8.55 — 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-Equity is 673.31%, which is 3364% above median its own 10-year median of 19.44. 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 $11.38, compared to a current price of $11.37 — trading 0.1% below its estimated fair value. The current Return-on-Tangible-Equity is 673.31%, which is 3364% above median its 10-year median of 19.44 and 7775% above the Beverages - Alcoholic industry median of 8.55. Corby Spirit and Wine's overall GF Score™ is 94/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Corby Spirit and Wine (CBYDF), the current Return-on-Tangible-Equity is 673.31% 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 $11.37 is trading 0.1% below its estimated GF Value™ of $11.38.
GuruFocus considers Corby Spirit and Wine to be Fairly Valued.
Key valuation signals for CBYDF:
Return-on-Tangible-Equity: 673.31% (3364% above median its 10-year median of 19.44)
GF Value™: $11.38 vs. price of $11.37 (0.1% below fair value)
Industry Position: 7775% above the Beverages - Alcoholic median (#1 of 201)
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.
94GF Score
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