Hana Microelectronics PCLBKK:HANA-R 74 Return-on-Tangible-Asset is 1.33% as of Mar. 2026, which is 82% below its 10-year median of 7.35. GuruFocus rates BKK:HANA-R with a GF Score™ of 74/100 and a GF Value™ of ฿21.79. The stock has 13 warning signs investors should review. Among 2,501 Hardware companies, Hana Microelectronics PCL ranks worse than 60.3% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Hana Microelectronics PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿414 Mil. Hana Microelectronics PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿31,221 Mil. Therefore, Hana Microelectronics PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.33%.
The historical rank and industry rank for Hana Microelectronics PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:HANA-R'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.88 Med: 7.35 Max: 12.08
Current: 0.94
During the past 13 years, Hana Microelectronics PCL's highest Return-on-Tangible-Asset was 12.08%. The lowest was -1.88%. And the median was 7.35%.
BKK:HANA-R's Return-on-Tangible-Asset is ranked worse than 60.3% of 2501
companies
in the Hardware industry
Industry Median: 2.4
vs BKK:HANA-R: 0.94
Hana Microelectronics PCL (BKK:HANA-R) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Hana Microelectronics PCL Return-on-Tangible-Asset Related Terms
Hana Microelectronics PCL Return-on-Tangible-Asset Historical Data
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The historical data trend for Hana Microelectronics PCL's Return-on-Tangible-Asset 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.
Hana Microelectronics PCL Return-on-Tangible-Asset Chart
BKK:HANA-R vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Hana Microelectronics PCL's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Hana Microelectronics PCL Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Hana Microelectronics PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hana Microelectronics PCL's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of 1.33% mean?
Hana Microelectronics PCL (BKK:HANA-R) has a Return-on-Tangible-Asset of 1.33% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hana Microelectronics PCL and its competitors. This is 82% below median its historical median of 7.35. According to the industry distribution chart, Hana Microelectronics PCL ranks #1508 out of 2501 companies in the Hardware industry, placing it in the top 60.3%.
Is Hana Microelectronics PCL's Return-on-Tangible-Asset too high?
Hana Microelectronics PCL's current Return-on-Tangible-Asset of 1.33% is 82% below median its 10-year median of 7.35. The Hardware industry median Return-on-Tangible-Asset is 2.40. Hana Microelectronics PCL's value of 1.33% is 44.6% below this industry median. Based on the distribution chart, Hana Microelectronics PCL ranks #1508 out of 2501 companies in the Hardware industry, which is below the industry midpoint. Overall, Hana Microelectronics PCL has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Hana Microelectronics PCL's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Hana Microelectronics PCL ranks #1508 out of 2501 companies for Return-on-Tangible-Asset. This places Hana Microelectronics PCL in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.40. Hana Microelectronics PCL's value of 1.33% is 44.6% below this benchmark. While the company's 10-year median is 7.35 vs. the industry median of 2.40, Hana Microelectronics PCL 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 Return-on-Tangible-Asset for a Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.40, based on 2,501 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hana Microelectronics PCL's current Return-on-Tangible-Asset of 1.33% is 44.6% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hana Microelectronics PCL and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hana Microelectronics PCL's current Return-on-Tangible-Asset is 1.33%, which is 82% below median its own 10-year median of 7.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hana Microelectronics PCL stock overvalued right now?
Hana Microelectronics PCL (BKK:HANA-R) has a current Return-on-Tangible-Asset of 1.33%. The stock's GF Value™ is ฿21.79, compared to a current price of ฿28.43 — trading 30.5% above its estimated fair value. The current Return-on-Tangible-Asset is 1.33%, which is 82% below median its 10-year median of 7.35 and 44.6% below the Hardware industry median of 2.40. Hana Microelectronics PCL's overall GF Score™ is 74/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Hana Microelectronics PCL (BKK:HANA-R), the current Return-on-Tangible-Asset is 1.33% 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 Hana Microelectronics PCL (BKK:HANA-R) Overvalued in 2026?
Based on GuruFocus' analysis, Hana Microelectronics PCL stock appears to be overvalued.
The current stock price of ฿28.43 is trading 30.5% above its estimated GF Value™ of ฿21.79.
Key valuation signals for BKK:HANA-R:
Return-on-Tangible-Asset: 1.33% (82% below median its 10-year median of 7.35)
GF Value™: ฿21.79 vs. price of ฿28.43 (30.5% above fair value)
Industry Position: 44.6% below the Hardware median (#1508 of 2501)
No single metric tells the full story. See the BKK:HANA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hana Microelectronics PCL is principally engaged in the manufacturing and trading of electronic components. It has two reportable segments: the Printed Circuit Board Assembly segment, which generates maximum revenue and produces and sells printed circuit board assemblies; and the Integrated Circuit segment, which produces and sells integrated circuits. Geographically, the company generates maximum revenue from its customers in the United States of America, followed by Malaysia, Singapore, China, Bulgaria, and other regions.
74GF Score
Get the complete analysis for BKK:HANA-R
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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