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.
Associated Alcohols & Breweries ROE % Related Terms
Associated Alcohols & Breweries 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 - Wineries & Distilleries subindustry, Associated Alcohols & Breweries'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.
Associated Alcohols & Breweries ROE % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Associated Alcohols & Breweries's ROE % distribution charts can be found below:
* The bar in red indicates where Associated Alcohols & Breweries'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.
Associated Alcohols & Breweries (NSE:ASALCBR) has a ROE % of 13.54% 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 Associated Alcohols & Breweries and its competitors. This is 33% below median its historical median of 20.28. Over the past decade, Associated Alcohols & Breweries' ROE % has ranged from 12.29 to 28.65. According to the industry distribution chart, Associated Alcohols & Breweries ranks #44 out of 206 companies in the Beverages - Alcoholic industry, placing it in the top 21.4%.
Is Associated Alcohols & Breweries' ROE % too high?
Associated Alcohols & Breweries' current ROE % of 13.54% is 33% below median its 10-year median of 20.28. Over the past 10 years, this metric has ranged from a low of 12.29 to a high of 28.65. The Beverages - Alcoholic industry median ROE % is 5.48. Associated Alcohols & Breweries' value of 13.54% is 147.3% above this industry median. Based on the distribution chart, Associated Alcohols & Breweries ranks #44 out of 206 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Associated Alcohols & Breweries has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Associated Alcohols & Breweries' ROE % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Associated Alcohols & Breweries ranks #44 out of 206 companies for ROE %. This places Associated Alcohols & Breweries in the top 21% of its industry — outperforming the majority of peers. The industry median ROE % is 5.48. Associated Alcohols & Breweries' value of 13.54% is 147.3% above this benchmark. Historically, Associated Alcohols & Breweries' own ROE % has ranged from 12.29 to 28.65 over the past decade. While the company's 10-year median is 20.28 vs. the industry median of 5.48, Associated Alcohols & Breweries 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 5.48, based on 206 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. Associated Alcohols & Breweries's current ROE % of 13.54% is 147.3% 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 Associated Alcohols & Breweries and its competitors. For the Beverages - Alcoholic industry, the median ROE % is 5.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Alcohols & Breweries's current ROE % is 13.54%, which is 33% below median its own 10-year median of 20.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Alcohols & Breweries stock overvalued right now?
Based on GuruFocus' analysis, Associated Alcohols & Breweries (NSE:ASALCBR) is currently considered Fairly Valued. The stock's GF Value™ is ₹893.28, compared to a current price of ₹876.70 — trading 1.9% below its estimated fair value. The current ROE % is 13.54%, which is 33% below median its 10-year median of 20.28 and 147.3% above the Beverages - Alcoholic industry median of 5.48. Associated Alcohols & Breweries' overall GF Score™ is 92/100 with 5 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 Associated Alcohols & Breweries (NSE:ASALCBR), the current ROE % is 13.54% 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 Associated Alcohols & Breweries (NSE:ASALCBR) Overvalued in 2026?
Based on GuruFocus' analysis, Associated Alcohols & Breweries stock appears to be undervalued.
The current stock price of ₹876.70 is trading 1.9% below its estimated GF Value™ of ₹893.28.
GuruFocus considers Associated Alcohols & Breweries to be Fairly Valued.
Key valuation signals for NSE:ASALCBR:
ROE %: 13.54% (33% below median its 10-year median of 20.28)
GF Value™: ₹893.28 vs. price of ₹876.70 (1.9% below fair value)
Industry Position: 147.3% above the Beverages - Alcoholic median (#44 of 206)
No single metric tells the full story. See the NSE:ASALCBR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associated Alcohols & Breweries Business Description
Associated Alcohols & Breweries Ltd is engaged in the manufacturing of liquor. The company operates in two business segments, that is Potable Alcohol and Ethanol. Geographically, it derives a majority of revenue from India, also it derives the majority of the revenue from the Potable Alcohols segment. The company brands include Central Province Whisky, Titanium, Bombay Special Whisky, Desi Madira Masala, Superman Fine Whisky, James MC Gill Whisky, and Jamaican Magic Rum.
92GF Score
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