Harju Elekter Group (STU:HD8) Intangible Assets: €10.4 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:HD8 Harju Elekter Group STU:HD8
64 GF Score
Price €5.02
GF Value €4.20
! 4 Warning Signs
View Full Analysis

What is Harju Elekter Group Intangible Assets?

Harju Elekter Group STU:HD8 +0.80% 64 Intangible Assets is €10.4 Mil as of Jun. 2026. GuruFocus rates STU:HD8 with a GF Score™ of 64/100 and a GF Value™ of €4.20. The stock has 4 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Harju Elekter Group's intangible assets for the quarter that ended in Jun. 2026 was €10.4 Mil.


Harju Elekter Group  (STU:HD8) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Harju Elekter Group Intangible Assets Related Terms


Harju Elekter Group Intangible Assets Historical Data

* Premium members only.

The historical data trend for Harju Elekter Group's Intangible Assets 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.

Harju Elekter Group Intangible Assets Chart

Harju Elekter Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.54 7.24 7.35 8.12 9.88

Harju Elekter Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.86 9.34 9.88 10.14 10.38
STU:HD8
64GF Score
Harju Elekter Group STU:HD8
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harju Elekter Group Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of €10.4 Mil mean?
Harju Elekter Group (STU:HD8) has a Intangible Assets of €10.4 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Harju Elekter Group and its competitors.
Is Harju Elekter Group's Intangible Assets too high?
Harju Elekter Group's current Intangible Assets is €10.4 Mil. Overall, Harju Elekter Group has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Harju Elekter Group's Intangible Assets compare to VRT and BE?
Harju Elekter Group's Intangible Assets of €10.4 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for an Industrial Products company?
A good Intangible Assets depends on the Industrial Products industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Harju Elekter Group and its competitors. Harju Elekter Group's current Intangible Assets is €10.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harju Elekter Group stock overvalued right now?
Harju Elekter Group (STU:HD8) has a current Intangible Assets of €10.4 Mil. The stock's GF Value™ is €4.20, compared to a current price of €5.02 — trading 19.5% above its estimated fair value. The current Intangible Assets is €10.4 Mil. Harju Elekter Group's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Harju Elekter Group (STU:HD8), the current Intangible Assets is €10.4 Mil 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 Harju Elekter Group (STU:HD8) Overvalued in 2026?

Based on GuruFocus' analysis, Harju Elekter Group stock appears to be overvalued. The current stock price of €5.02 is trading 19.5% above its estimated GF Value™ of €4.20.

Key valuation signals for STU:HD8:

  • Intangible Assets: €10.4 Mil
  • GF Value™: €4.20 vs. price of €5.02 (19.5% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the STU:HD8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harju Elekter Group Business Description

Other Exchanges HAE1T:Estonia
Address Paldiski maantee 31/2, Keila, EST, 76606
Harju Elekter Group is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Its Other activities include the management of financial investments, electrical installation works in shipbuilding, and the retail and project sales of electrical goods.
64GF Score

Get the complete analysis for STU:HD8

Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.02
Price
€4.20
GF Value