United Breweries CoCCU +2.69%78 Return-on-Tangible-Equity is 19.11% as of Mar. 2026, which is 50% above its 10-year median of 12.77. GuruFocus rates CCU with a GF Score™ of 78/100 and a GF Value™ of $13.47 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 201 Beverages - Alcoholic companies, United Breweries Co ranks better than 53.73% 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. United Breweries Co's annualized net income for the quarter that ended in Mar. 2026 was $236 Mil. United Breweries Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,235 Mil. Therefore, United Breweries Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.11%.
The historical rank and industry rank for United Breweries Co's Return-on-Tangible-Equity or its related term are showing as below:
CCU'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.03 Med: 12.77 Max: 31.2
Current: 9.5
During the past 13 years, United Breweries Co's highest Return-on-Tangible-Equity was 31.20%. The lowest was 9.03%. And the median was 12.77%.
CCU's Return-on-Tangible-Equity is ranked better than 53.73% of 201
companies
in the Beverages - Alcoholic industry
Industry Median: 8.55
vs CCU: 9.50
United Breweries Co (NYSE:CCU) 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.
United Breweries Co Return-on-Tangible-Equity Related Terms
United Breweries Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for United Breweries Co'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.
United Breweries Co Return-on-Tangible-Equity Chart
CCU vs BUD, STZ, TAP: Return-on-Tangible-Equity Comparison
For the Beverages - Brewers subindustry, United Breweries Co'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.
United Breweries Co Return-on-Tangible-Equity vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, United Breweries Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where United Breweries Co'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 19.11% mean?
United Breweries Co (CCU) has a Return-on-Tangible-Equity of 19.11% 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 United Breweries Co and its competitors. This is 50% above median its historical median of 12.77. Over the past decade, United Breweries Co's Return-on-Tangible-Equity has ranged from 9.03 to 31.20. According to the industry distribution chart, United Breweries Co ranks #93 out of 201 companies in the Beverages - Alcoholic industry, placing it in the top 46.3%.
Is United Breweries Co's Return-on-Tangible-Equity too high?
United Breweries Co's current Return-on-Tangible-Equity of 19.11% is 50% above median its 10-year median of 12.77. Over the past 10 years, this metric has ranged from a low of 9.03 to a high of 31.20. The Beverages - Alcoholic industry median Return-on-Tangible-Equity is 8.55. United Breweries Co's value of 19.11% is 123.5% above this industry median. Based on the distribution chart, United Breweries Co ranks #93 out of 201 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, United Breweries Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Breweries Co's Return-on-Tangible-Equity compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, United Breweries Co ranks #93 out of 201 companies for Return-on-Tangible-Equity. This puts United Breweries Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.55. United Breweries Co's value of 19.11% is 123.5% above this benchmark. Historically, United Breweries Co's own Return-on-Tangible-Equity has ranged from 9.03 to 31.20 over the past decade. While the company's 10-year median is 12.77 vs. the industry median of 8.55, United Breweries Co 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. United Breweries Co's current Return-on-Tangible-Equity of 19.11% is 123.5% 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 United Breweries Co 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. United Breweries Co's current Return-on-Tangible-Equity is 19.11%, which is 50% above median its own 10-year median of 12.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Breweries Co stock overvalued right now?
Based on GuruFocus' analysis, United Breweries Co (CCU) is currently considered Modestly Undervalued. The stock's GF Value™ is $13.47, compared to a current price of $11.09 — trading 17.7% below its estimated fair value. The current Return-on-Tangible-Equity is 19.11%, which is 50% above median its 10-year median of 12.77 and 123.5% above the Beverages - Alcoholic industry median of 8.55. United Breweries Co's overall GF Score™ is 78/100 with 5 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 United Breweries Co (CCU), the current Return-on-Tangible-Equity is 19.11% 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 United Breweries Co (CCU) Overvalued in 2026?
Based on GuruFocus' analysis, United Breweries Co stock appears to be undervalued.
The current stock price of $11.09 is trading 17.7% below its estimated GF Value™ of $13.47.
GuruFocus considers United Breweries Co to be Modestly Undervalued.
Key valuation signals for CCU:
Return-on-Tangible-Equity: 19.11% (50% above median its 10-year median of 12.77)
GF Value™: $13.47 vs. price of $11.09 (17.7% below fair value)
Industry Position: 123.5% above the Beverages - Alcoholic median (#93 of 201)
No single metric tells the full story. See the CCU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Breweries Co Inc is a multi-category beverage company with operations in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The company is a player in each one of the beverage categories in which it participates in Chile, including beer, soft drinks, mineral and bottled water, juice, wine, cider and pisco, among others. The Company has three operating segment with respect to its revenues in the geographic areas of commercial activity: Chile; International business and Wine. It generates maximum revenue from Chile.
78GF Score
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