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. Royal Unibrew AS's annualized net income for the quarter that ended in Mar. 2026 was MXN1,908 Mil. Royal Unibrew AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN-8,085 Mil. Therefore, Royal Unibrew AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Royal Unibrew AS's Return-on-Tangible-Equity or its related term are showing as below:
MEX:RBREWN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3741.14 Med: 3741.14 Max: 3741.14
Current: Negative Tangible Equity
During the past 13 years, Royal Unibrew AS's highest Return-on-Tangible-Equity was 3,741.14%. The lowest was 3,741.14%. And the median was 3,741.14%.
MEX:RBREWN's Return-on-Tangible-Equity is ranked better than 99.5% of 201
companies
in the Beverages - Alcoholic industry
Industry Median: 8.75
vs MEX:RBREWN: Negative Tangible Equity
Royal Unibrew AS (MEX:RBREWN) 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.
Royal Unibrew AS Return-on-Tangible-Equity Related Terms
Royal Unibrew AS Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Royal Unibrew AS'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.
MEX:RBREWN vs STZ, TAP: Return-on-Tangible-Equity Comparison
For the Beverages - Brewers subindustry, Royal Unibrew AS'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.
Royal Unibrew AS Return-on-Tangible-Equity vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Royal Unibrew AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Royal Unibrew AS'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 Negative Tangible Equity% mean?
Royal Unibrew AS (MEX:RBREWN) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Royal Unibrew AS and its competitors. Over the past decade, Royal Unibrew AS's Return-on-Tangible-Equity has ranged from 3,741.14 to 3,741.14. According to the industry distribution chart, Royal Unibrew AS ranks #1 out of 201 companies in the Beverages - Alcoholic industry, placing it in the top 0.5%.
Is Royal Unibrew AS's Return-on-Tangible-Equity too high?
Royal Unibrew AS's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 3,741.14 to a high of 3,741.14. Based on the distribution chart, Royal Unibrew AS ranks #1 out of 201 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Royal Unibrew AS has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Royal Unibrew AS's Return-on-Tangible-Equity compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Royal Unibrew AS ranks #1 out of 201 companies for Return-on-Tangible-Equity. This places Royal Unibrew AS in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.75. Historically, Royal Unibrew AS's own Return-on-Tangible-Equity has ranged from 3,741.14 to 3,741.14 over the past decade. 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 8.75, 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. 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 Royal Unibrew AS and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Equity is 8.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Unibrew AS's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Unibrew AS stock overvalued right now?
Royal Unibrew AS (MEX:RBREWN) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The stock's GF Value™ is MXN1,617.30, compared to a current price of MXN1,196.48 — trading 26% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Royal Unibrew AS's overall GF Score™ is 82/100 with 6 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 Royal Unibrew AS (MEX:RBREWN), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Royal Unibrew AS (MEX:RBREWN) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Unibrew AS stock appears to be undervalued.
The current stock price of MXN1,196.48 is trading 26% below its estimated GF Value™ of MXN1,617.30.
No single metric tells the full story. See the MEX:RBREWN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royal Unibrew AS manufactures and sells beverages, including beer, malt beverages, cider, soft drinks, juice, and water. The company produces and distributes its own brands and partner brands, with its largest licensing agreements with PepsiCo and Heineken. Royal Unibrew was founded in 1989 and listed on the Copenhagen stock exchange in 1998.In 2024, Royal Unibrew took over PepsiCo's beverage business in Luxembourg and Belgium. In 2025, Royal Unibrew finalized its acquisition of Pernod Ricard's portfolio of Nordic brands, including spirits, liqueurs, and wines.
82GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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