ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Associated Alcohols & Breweries's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 13.05%.
As of today (2026-07-06), Associated Alcohols & Breweries's WACC % is 18.84%. Associated Alcohols & Breweries's ROIC % is 12.82% (calculated using TTM income statement data).
Associated Alcohols & Breweries earns returns that do not match up to its cost of capital. It will destroy value as it grows.
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROIC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Associated Alcohols & Breweries's WACC % is 18.84%. Associated Alcohols & Breweries's ROIC % is 12.82% (calculated using TTM income statement data).
Associated Alcohols & Breweries earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROIC % is calculated with only 12 months of 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.
Associated Alcohols & Breweries ROIC % Related Terms
Associated Alcohols & Breweries ROIC % 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 ROIC %, along with its competitors' market caps and ROIC % 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 ROIC % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Associated Alcohols & Breweries's ROIC % distribution charts can be found below:
* The bar in red indicates where Associated Alcohols & Breweries's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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.
Associated Alcohols & Breweries (NSE:ASALCBR) has a ROIC % of 13.05% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Associated Alcohols & Breweries and its competitors.
Is Associated Alcohols & Breweries' ROIC % too high?
Associated Alcohols & Breweries' current ROIC % is 13.05%. The Beverages - Alcoholic industry median ROIC % is 4.70. Associated Alcohols & Breweries' value of 13.05% is 177.7% above this industry median. Overall, Associated Alcohols & Breweries has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Associated Alcohols & Breweries' ROIC % compare to BF.B?
Associated Alcohols & Breweries' ROIC % of 13.05% can be compared against companies in the Beverages - Alcoholic industry. The industry median ROIC % is 4.70. Associated Alcohols & Breweries' value of 13.05% is 177.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Beverages - Alcoholic company?
The median ROIC % among Beverages - Alcoholic companies is 4.70, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Associated Alcohols & Breweries's current ROIC % of 13.05% is 177.7% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Associated Alcohols & Breweries and its competitors. For the Beverages - Alcoholic industry, the median ROIC % is 4.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Alcohols & Breweries's current ROIC % is 13.05%. 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 ₹894.60, compared to a current price of ₹875.55 — trading 2.1% below its estimated fair value. The current ROIC % is 13.05% and 177.7% above the Beverages - Alcoholic industry median of 4.70. Associated Alcohols & Breweries' overall GF Score™ is 94/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Associated Alcohols & Breweries (NSE:ASALCBR), the current ROIC % is 13.05% 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 ₹875.55 is trading 2.1% below its estimated GF Value™ of ₹894.60.
GuruFocus considers Associated Alcohols & Breweries to be Fairly Valued.
Key valuation signals for NSE:ASALCBR:
ROIC %: 13.05%
GF Value™: ₹894.60 vs. price of ₹875.55 (2.1% below fair value)
Industry Position: 177.7% above the Beverages - Alcoholic median
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.
94GF Score
Get the complete analysis for NSE:ASALCBR
ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ASALCBR has been successfully added to your 
