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T Tuborg Bira Ve Maltnayii AS (IST:TBORG) ROE % Explanation
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 (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
T Tuborg Bira Ve Maltnayii AS ROE % Related Terms
T Tuborg Bira Ve Maltnayii AS ROE % Historical 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.
For the Beverages - Brewers subindustry, T Tuborg Bira Ve Maltnayii AS'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.
T Tuborg Bira Ve Maltnayii AS ROE % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, T Tuborg Bira Ve Maltnayii AS's ROE % distribution charts can be found below:
* The bar in red indicates where T Tuborg Bira Ve Maltnayii AS'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 (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
T Tuborg Bira Ve Maltnayii AS (IST:TBORG) has a ROE % of 43.10% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on T Tuborg Bira Ve Maltnayii AS and its competitors. This is 31% above median its historical median of 32.89. Over the past decade, T Tuborg Bira Ve Maltnayii AS's ROE % has ranged from 12.36 to 50.63. According to the industry distribution chart, T Tuborg Bira Ve Maltnayii AS ranks #24 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 11.7%.
Is T Tuborg Bira Ve Maltnayii AS's ROE % too high?
T Tuborg Bira Ve Maltnayii AS's current ROE % of 43.10% is 31% above median its 10-year median of 32.89. Over the past 10 years, this metric has ranged from a low of 12.36 to a high of 50.63. The Beverages - Alcoholic industry median ROE % is 5.57. T Tuborg Bira Ve Maltnayii AS's value of 43.10% is 673.8% above this industry median. Based on the distribution chart, T Tuborg Bira Ve Maltnayii AS ranks #24 out of 205 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, T Tuborg Bira Ve Maltnayii AS has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T Tuborg Bira Ve Maltnayii AS's ROE % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, T Tuborg Bira Ve Maltnayii AS ranks #24 out of 205 companies for ROE %. This places T Tuborg Bira Ve Maltnayii AS in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 5.57. T Tuborg Bira Ve Maltnayii AS's value of 43.10% is 673.8% above this benchmark. Historically, T Tuborg Bira Ve Maltnayii AS's own ROE % has ranged from 12.36 to 50.63 over the past decade. While the company's 10-year median is 32.89 vs. the industry median of 5.57, T Tuborg Bira Ve Maltnayii AS 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 5.57, 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. T Tuborg Bira Ve Maltnayii AS's current ROE % of 43.10% is 673.8% 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 T Tuborg Bira Ve Maltnayii AS and its competitors. For the Beverages - Alcoholic industry, the median ROE % is 5.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T Tuborg Bira Ve Maltnayii AS's current ROE % is 43.10%, which is 31% above median its own 10-year median of 32.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T Tuborg Bira Ve Maltnayii AS stock overvalued right now?
Based on GuruFocus' analysis, T Tuborg Bira Ve Maltnayii AS (IST:TBORG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺215.01, compared to a current price of ₺161.90 — trading 24.7% below its estimated fair value. The current ROE % is 43.10%, which is 31% above median its 10-year median of 32.89 and 673.8% above the Beverages - Alcoholic industry median of 5.57. T Tuborg Bira Ve Maltnayii AS's overall GF Score™ is 92/100 with 9 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 T Tuborg Bira Ve Maltnayii AS (IST:TBORG), the current ROE % is 43.10% as of Jun. 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 T Tuborg Bira Ve Maltnayii AS (IST:TBORG) Overvalued in 2026?
Based on GuruFocus' analysis, T Tuborg Bira Ve Maltnayii AS stock appears to be undervalued.
The current stock price of ₺161.90 is trading 24.7% below its estimated GF Value™ of ₺215.01.
GuruFocus considers T Tuborg Bira Ve Maltnayii AS to be Modestly Undervalued.
Key valuation signals for IST:TBORG:
ROE %: 43.10% (31% above median its 10-year median of 32.89)
GF Value™: ₺215.01 vs. price of ₺161.90 (24.7% below fair value)
Industry Position: 673.8% above the Beverages - Alcoholic median (#24 of 205)
No single metric tells the full story. See the IST:TBORG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
T Tuborg Bira Ve Malt Sanayii AS produces, sells, and distributes beer and malt to domestic and international markets. Its products are sold under the brand names Tuborg, Carlsberg, Frederik, Troy, and others.
92GF Score
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