Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Northern SpiritsBOM:542628 +3.02%75 ROA % is 5.22% as of Mar. 2026, which is 20% below its 10-year median of 6.49. GuruFocus rates BOM:542628 with a GF Score™ of 75/100 and a GF Value™ of ₹337.11 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 212 Beverages - Alcoholic companies, Northern Spirits ranks better than 79.25% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Northern Spirits's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹199 Mil.
Northern Spirits's average Total Assets over the quarter that ended in Mar. 2026 was ₹3,813 Mil. Therefore, Northern Spirits's annualized ROA % for the quarter that ended in Mar. 2026 was 5.22%.
The historical rank and industry rank for Northern Spirits's ROA % or its related term are showing as below:
BOM:542628'
s ROA % Range Over the Past 10 Years
Min: 2.54 Med: 6.49 Max: 17.58
Current: 7.96
During the past 13 years, Northern Spirits's highest ROA % was 17.58%. The lowest was 2.54%. And the median was 6.49%.
BOM:542628's ROA % is ranked better than 79.25% of 212
companies
in the Beverages - Alcoholic industry
Industry Median: 2.915
vs BOM:542628: 7.96
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Northern Spirits ROA % Related Terms
Northern Spirits ROA % Historical Data
* Premium members only.
The historical data trend for Northern Spirits's ROA % 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.
For the Beverages - Wineries & Distilleries subindustry, Northern Spirits's ROA %, along with its competitors' market caps and ROA % 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.
Northern Spirits ROA % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Northern Spirits's ROA % distribution charts can be found below:
* The bar in red indicates where Northern Spirits's ROA % 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
Northern Spirits (BOM:542628) has a ROA % of 5.22% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Northern Spirits and its competitors. This is 20% below median its historical median of 6.49. Over the past decade, Northern Spirits' ROA % has ranged from 2.54 to 17.58. According to the industry distribution chart, Northern Spirits ranks #44 out of 212 companies in the Beverages - Alcoholic industry, placing it in the top 20.8%.
Is Northern Spirits' ROA % too high?
Northern Spirits' current ROA % of 5.22% is 20% below median its 10-year median of 6.49. Over the past 10 years, this metric has ranged from a low of 2.54 to a high of 17.58. The Beverages - Alcoholic industry median ROA % is 2.92. Northern Spirits' value of 5.22% is 79.1% above this industry median. Based on the distribution chart, Northern Spirits ranks #44 out of 212 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Northern Spirits has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northern Spirits' ROA % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Northern Spirits ranks #44 out of 212 companies for ROA %. This places Northern Spirits in the top 21% of its industry — outperforming the majority of peers. The industry median ROA % is 2.92. Northern Spirits' value of 5.22% is 79.1% above this benchmark. Historically, Northern Spirits' own ROA % has ranged from 2.54 to 17.58 over the past decade. While the company's 10-year median is 6.49 vs. the industry median of 2.92, Northern Spirits 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 ROA % for a Beverages - Alcoholic company?
The median ROA % among Beverages - Alcoholic companies is 2.92, based on 212 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northern Spirits's current ROA % of 5.22% is 79.1% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Northern Spirits and its competitors. For the Beverages - Alcoholic industry, the median ROA % is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Spirits's current ROA % is 5.22%, which is 20% below median its own 10-year median of 6.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Spirits stock overvalued right now?
Based on GuruFocus' analysis, Northern Spirits (BOM:542628) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹337.11, compared to a current price of ₹133.15 — trading 60.5% below its estimated fair value. The current ROA % is 5.22%, which is 20% below median its 10-year median of 6.49 and 79.1% above the Beverages - Alcoholic industry median of 2.92. Northern Spirits' overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Northern Spirits (BOM:542628), the current ROA % is 5.22% 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 Northern Spirits (BOM:542628) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Spirits stock appears to be undervalued.
The current stock price of ₹133.15 is trading 60.5% below its estimated GF Value™ of ₹337.11.
GuruFocus considers Northern Spirits to be Significantly Undervalued.
Key valuation signals for BOM:542628:
ROA %: 5.22% (20% below median its 10-year median of 6.49)
GF Value™: ₹337.11 vs. price of ₹133.15 (60.5% below fair value)
Industry Position: 79.1% above the Beverages - Alcoholic median (#44 of 212)
No single metric tells the full story. See the BOM:542628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Spirits Ltd is involved in the import and distribution of wine and spirits business. The company offers Whisky, Vodka, GIN, Red and white wine, Beer, tequila, Shepherd Neame Beer, Amigos Beer, Carlo Rossi California Wines, Tomich Australian Wines, Cooper's Australian Beer, West Cork Irish Whiskey, Two Tree Gin, Reddot Wheat Beer, Aqua Riva Mexican Tequila and Organika Russian Vodka, and others.
75GF Score
Get the complete analysis for BOM:542628
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:542628 has been successfully added to your 
