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Northern SpiritsBOM:542628 +3.02%75 ROE % is 13.35% as of Mar. 2026, which is 30% below its 10-year median of 19.02. 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 205 Beverages - Alcoholic companies, Northern Spirits ranks better than 85.85% on this metric.
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
Northern Spirits ROE % Related Terms
Northern Spirits ROE % Historical Data
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The historical data trend for Northern Spirits's ROE % 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Northern Spirits's ROE % distribution charts can be found below:
* The bar in red indicates where Northern Spirits's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
Northern Spirits (BOM:542628) has a ROE % of 13.35% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Northern Spirits and its competitors. This is 30% below median its historical median of 19.02. Over the past decade, Northern Spirits' ROE % has ranged from 4.58 to 42.24. According to the industry distribution chart, Northern Spirits ranks #29 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 14.1%.
Is Northern Spirits' ROE % too high?
Northern Spirits' current ROE % of 13.35% is 30% below median its 10-year median of 19.02. Over the past 10 years, this metric has ranged from a low of 4.58 to a high of 42.24. The Beverages - Alcoholic industry median ROE % is 5.38. Northern Spirits' value of 13.35% is 148.1% above this industry median. Based on the distribution chart, Northern Spirits ranks #29 out of 205 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' ROE % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Northern Spirits ranks #29 out of 205 companies for ROE %. This places Northern Spirits in the top 14% of its industry — outperforming the majority of peers. The industry median ROE % is 5.38. Northern Spirits' value of 13.35% is 148.1% above this benchmark. Historically, Northern Spirits' own ROE % has ranged from 4.58 to 42.24 over the past decade. While the company's 10-year median is 19.02 vs. the industry median of 5.38, 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 ROE % for a Beverages - Alcoholic company?
The median ROE % among Beverages - Alcoholic companies is 5.38, based on 205 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northern Spirits's current ROE % of 13.35% is 148.1% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Northern Spirits and its competitors. For the Beverages - Alcoholic industry, the median ROE % is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Spirits's current ROE % is 13.35%, which is 30% below median its own 10-year median of 19.02. 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 ROE % is 13.35%, which is 30% below median its 10-year median of 19.02 and 148.1% above the Beverages - Alcoholic industry median of 5.38. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Northern Spirits (BOM:542628), the current ROE % is 13.35% 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:
ROE %: 13.35% (30% below median its 10-year median of 19.02)
GF Value™: ₹337.11 vs. price of ₹133.15 (60.5% below fair value)
Industry Position: 148.1% above the Beverages - Alcoholic median (#29 of 205)
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
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