Tsingtao Brewery CoTSGTY 86 ROE % is 23.06% as of Mar. 2026, which is 81% above its 10-year median of 12.77. GuruFocus rates TSGTY with a GF Score™ of 86/100 and a GF Value™ of $41.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 207 Beverages - Alcoholic companies, Tsingtao Brewery Co ranks better than 79.23% on this metric.
The historical rank and industry rank for Tsingtao Brewery Co's ROE % or its related term are showing as below:
TSGTY'
s ROE % Range Over the Past 10 Years
Min: 6.37 Med: 12.77 Max: 16.12
Current: 15.07
During the past 13 years, Tsingtao Brewery Co's highest ROE % was 16.12%. The lowest was 6.37%. And the median was 12.77%.
TSGTY's ROE % is ranked better than 79.23% of 207
companies
in the Beverages - Alcoholic industry
Industry Median: 5.74
vs TSGTY: 15.07
Tsingtao Brewery Co (OTCPK:TSGTY) 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 (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.
Tsingtao Brewery Co ROE % Related Terms
Tsingtao Brewery Co ROE % Historical Data
* Premium members only.
The historical data trend for Tsingtao Brewery Co'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 - Brewers subindustry, Tsingtao Brewery Co'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.
Tsingtao Brewery Co ROE % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Tsingtao Brewery Co's ROE % distribution charts can be found below:
* The bar in red indicates where Tsingtao Brewery Co'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.
Tsingtao Brewery Co (TSGTY) has a ROE % of 23.06% 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 Tsingtao Brewery Co and its competitors. This is 81% above median its historical median of 12.77. Over the past decade, Tsingtao Brewery Co's ROE % has ranged from 6.37 to 16.12. According to the industry distribution chart, Tsingtao Brewery Co ranks #43 out of 207 companies in the Beverages - Alcoholic industry, placing it in the top 20.8%.
Is Tsingtao Brewery Co's ROE % too high?
Tsingtao Brewery Co's current ROE % of 23.06% is 81% above median its 10-year median of 12.77. Over the past 10 years, this metric has ranged from a low of 6.37 to a high of 16.12. The Beverages - Alcoholic industry median ROE % is 5.74. Tsingtao Brewery Co's value of 23.06% is 301.7% above this industry median. Based on the distribution chart, Tsingtao Brewery Co ranks #43 out of 207 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Tsingtao Brewery Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsingtao Brewery Co's ROE % compare to STZ?
According to the Beverages - Alcoholic industry distribution chart, Tsingtao Brewery Co ranks #43 out of 207 companies for ROE %. This places Tsingtao Brewery Co in the top 21% of its industry — outperforming the majority of peers. The industry median ROE % is 5.74. Tsingtao Brewery Co's value of 23.06% is 301.7% above this benchmark. Historically, Tsingtao Brewery Co's own ROE % has ranged from 6.37 to 16.12 over the past decade. While the company's 10-year median is 12.77 vs. the industry median of 5.74, Tsingtao Brewery Co 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 5.74, based on 207 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. Tsingtao Brewery Co's current ROE % of 23.06% is 301.7% 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 Tsingtao Brewery Co and its competitors. For the Beverages - Alcoholic industry, the median ROE % is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsingtao Brewery Co's current ROE % is 23.06%, which is 81% above median its own 10-year median of 12.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsingtao Brewery Co stock overvalued right now?
Based on GuruFocus' analysis, Tsingtao Brewery Co (TSGTY) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.11, compared to a current price of $30.35 — trading 26.2% below its estimated fair value. The current ROE % is 23.06%, which is 81% above median its 10-year median of 12.77 and 301.7% above the Beverages - Alcoholic industry median of 5.74. Tsingtao Brewery Co's overall GF Score™ is 86/100 with 2 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 Tsingtao Brewery Co (TSGTY), the current ROE % is 23.06% 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 Tsingtao Brewery Co (TSGTY) Overvalued in 2026?
Based on GuruFocus' analysis, Tsingtao Brewery Co stock appears to be undervalued.
The current stock price of $30.35 is trading 26.2% below its estimated GF Value™ of $41.11.
GuruFocus considers Tsingtao Brewery Co to be Modestly Undervalued.
Key valuation signals for TSGTY:
ROE %: 23.06% (81% above median its 10-year median of 12.77)
GF Value™: $41.11 vs. price of $30.35 (26.2% below fair value)
Industry Position: 301.7% above the Beverages - Alcoholic median (#43 of 207)
No single metric tells the full story. See the TSGTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its core Tsingtao brand. The company commands a dominant position in its core market, Shandong province, which contributed close to 60% of its revenue and net profit in 2024. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio.
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