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Harvey Norman HoldingsHNORF 70 3-Year Book Growth Rate is 3.40% as of Jun. 2026, which is 66% below its 10-year median of 10.05. GuruFocus rates HNORF with a GF Score™ of 70/100 and a GF Value™ of $4.68. The stock has 6 warning signs investors should review. Among 1,051 Retail - Cyclical companies, Harvey Norman Holdings ranks worse than 54.14% on this metric.
During the past 12 months, Harvey Norman Holdings's average Book Value per Share Growth Rate was 1.90% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 3.40% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 4.60% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 6.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Harvey Norman Holdings was 34.40% per year. The lowest was 3.00% per year. And the median was 10.05% per year.
Harvey Norman Holdings (OTCPK:HNORF) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Harvey Norman Holdings 3-Year Book Growth Rate Related Terms
HNORF vs CASY, WSM, ULTA: 3-Year Book Growth Rate Comparison
For the Specialty Retail subindustry, Harvey Norman Holdings's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.
Harvey Norman Holdings 3-Year Book Growth Rate vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Harvey Norman Holdings's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Harvey Norman Holdings's 3-Year Book Growth Rate falls into.
Harvey Norman Holdings 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 3.40% mean?
Harvey Norman Holdings (HNORF) has a 3-Year Book Growth Rate of 3.40% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Harvey Norman Holdings and its competitors. This is 66% below median its historical median of 10.05. Over the past decade, Harvey Norman Holdings' 3-Year Book Growth Rate has ranged from 3.00 to 34.40. According to the industry distribution chart, Harvey Norman Holdings ranks #569 out of 1051 companies in the Retail - Cyclical industry, placing it in the top 54.1%.
Is Harvey Norman Holdings' 3-Year Book Growth Rate too high?
Harvey Norman Holdings' current 3-Year Book Growth Rate of 3.40% is 66% below median its 10-year median of 10.05. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 34.40. The Retail - Cyclical industry median 3-Year Book Growth Rate is 4.50. Harvey Norman Holdings' value of 3.40% is 24.4% below this industry median. Based on the distribution chart, Harvey Norman Holdings ranks #569 out of 1051 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Harvey Norman Holdings has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Harvey Norman Holdings' 3-Year Book Growth Rate compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Harvey Norman Holdings ranks #569 out of 1051 companies for 3-Year Book Growth Rate. This places Harvey Norman Holdings in the lower half of its industry. The industry median 3-Year Book Growth Rate is 4.50. Harvey Norman Holdings' value of 3.40% is 24.4% below this benchmark. Historically, Harvey Norman Holdings' own 3-Year Book Growth Rate has ranged from 3.00 to 34.40 over the past decade. While the company's 10-year median is 10.05 vs. the industry median of 4.50, Harvey Norman Holdings has consistently been below 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 3-Year Book Growth Rate for a Retail - Cyclical company?
The median 3-Year Book Growth Rate among Retail - Cyclical companies is 4.50, based on 1,051 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harvey Norman Holdings's current 3-Year Book Growth Rate of 3.40% is 24.4% below 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 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Harvey Norman Holdings and its competitors. For the Retail - Cyclical industry, the median 3-Year Book Growth Rate is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harvey Norman Holdings's current 3-Year Book Growth Rate is 3.40%, which is 66% below median its own 10-year median of 10.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harvey Norman Holdings stock overvalued right now?
Harvey Norman Holdings (HNORF) has a current 3-Year Book Growth Rate of 3.40%. The stock's GF Value™ is $4.68, compared to a current price of $3.72 — trading 20.5% below its estimated fair value. The current 3-Year Book Growth Rate is 3.40%, which is 66% below median its 10-year median of 10.05 and 24.4% below the Retail - Cyclical industry median of 4.50. Harvey Norman Holdings' overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Harvey Norman Holdings (HNORF), the current 3-Year Book Growth Rate is 3.40% 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 Harvey Norman Holdings (HNORF) Overvalued in 2026?
Based on GuruFocus' analysis, Harvey Norman Holdings stock appears to be undervalued.
The current stock price of $3.72 is trading 20.5% below its estimated GF Value™ of $4.68.
Key valuation signals for HNORF:
3-Year Book Growth Rate: 3.40% (66% below median its 10-year median of 10.05)
GF Value™: $4.68 vs. price of $3.72 (20.5% below fair value)
Industry Position: 24.4% below the Retail - Cyclical median (#569 of 1051)
No single metric tells the full story. See the HNORF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harvey Norman Holdings Limited is the franchisor of Harvey Norman, a leading Australia-based retailer that sells goods from the electrical, computer, furniture, entertainment, and bedding sectors. The majority of earnings are generated in Australia, with the international divisions gradually growing in significance.
70GF Score
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