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Harn Engineering Solutions PCLBKK:HARN 77 Return-on-Tangible-Asset is 4.56% as of Jun. 2026, which is 37% below its 10-year median of 7.26. GuruFocus rates BKK:HARN with a GF Score™ of 77/100 and a GF Value™ of ฿2.04 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,090 Business Services companies, Harn Engineering Solutions PCL ranks better than 61.28% on this metric.
The historical rank and industry rank for Harn Engineering Solutions PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:HARN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.49 Med: 7.26 Max: 13.49
Current: 6.55
During the past 13 years, Harn Engineering Solutions PCL's highest Return-on-Tangible-Asset was 13.49%. The lowest was 5.49%. And the median was 7.26%.
BKK:HARN's Return-on-Tangible-Asset is ranked better than 61.28% of 1090
companies
in the Business Services industry
Industry Median: 4.36
vs BKK:HARN: 6.55
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.
Harn Engineering Solutions PCL Return-on-Tangible-Asset Related Terms
Harn Engineering Solutions PCL Return-on-Tangible-Asset 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.
BKK:HARN vs ALLE, MSA, ADT: Return-on-Tangible-Asset Comparison
For the Security & Protection Services subindustry, Harn Engineering Solutions 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.
Harn Engineering Solutions PCL Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Harn Engineering Solutions PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Harn Engineering Solutions 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.56% mean?
Harn Engineering Solutions PCL (BKK:HARN) has a Return-on-Tangible-Asset of 4.56% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Harn Engineering Solutions PCL and its competitors. This is 37% below median its historical median of 7.26. Over the past decade, Harn Engineering Solutions PCL's Return-on-Tangible-Asset has ranged from 5.49 to 13.49. According to the industry distribution chart, Harn Engineering Solutions PCL ranks #422 out of 1090 companies in the Business Services industry, placing it in the top 38.7%.
Is Harn Engineering Solutions PCL's Return-on-Tangible-Asset too high?
Harn Engineering Solutions PCL's current Return-on-Tangible-Asset of 4.56% is 37% below median its 10-year median of 7.26. Over the past 10 years, this metric has ranged from a low of 5.49 to a high of 13.49. The Business Services industry median Return-on-Tangible-Asset is 4.36. Harn Engineering Solutions PCL's value of 4.56% is 4.6% above this industry median. Based on the distribution chart, Harn Engineering Solutions PCL ranks #422 out of 1090 companies in the Business Services industry, which is above the industry midpoint. Overall, Harn Engineering Solutions PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harn Engineering Solutions PCL's Return-on-Tangible-Asset compare to ALLE and MSA?
According to the Business Services industry distribution chart, Harn Engineering Solutions PCL ranks #422 out of 1090 companies for Return-on-Tangible-Asset. This puts Harn Engineering Solutions PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.36. Harn Engineering Solutions PCL's value of 4.56% is 4.6% above this benchmark. Historically, Harn Engineering Solutions PCL's own Return-on-Tangible-Asset has ranged from 5.49 to 13.49 over the past decade. While the company's 10-year median is 7.26 vs. the industry median of 4.36, Harn Engineering Solutions PCL 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 Return-on-Tangible-Asset for a Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.36, based on 1,090 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. Harn Engineering Solutions PCL's current Return-on-Tangible-Asset of 4.56% is 4.6% 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 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 Harn Engineering Solutions PCL and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harn Engineering Solutions PCL's current Return-on-Tangible-Asset is 4.56%, which is 37% below median its own 10-year median of 7.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harn Engineering Solutions PCL stock overvalued right now?
Based on GuruFocus' analysis, Harn Engineering Solutions PCL (BKK:HARN) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.04, compared to a current price of ฿1.99 — trading 2.5% below its estimated fair value. The current Return-on-Tangible-Asset is 4.56%, which is 37% below median its 10-year median of 7.26 and 4.6% above the Business Services industry median of 4.36. Harn Engineering Solutions PCL's overall GF Score™ is 77/100 with 4 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 Harn Engineering Solutions PCL (BKK:HARN), the current Return-on-Tangible-Asset is 4.56% 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 Harn Engineering Solutions PCL (BKK:HARN) Overvalued in 2026?
Based on GuruFocus' analysis, Harn Engineering Solutions PCL stock appears to be undervalued.
The current stock price of ฿1.99 is trading 2.5% below its estimated GF Value™ of ฿2.04.
GuruFocus considers Harn Engineering Solutions PCL to be Fairly Valued.
Key valuation signals for BKK:HARN:
Return-on-Tangible-Asset: 4.56% (37% below median its 10-year median of 7.26)
GF Value™: ฿2.04 vs. price of ฿1.99 (2.5% below fair value)
Industry Position: 4.6% above the Business Services median (#422 of 1090)
No single metric tells the full story. See the BKK:HARN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harn Engineering Solutions PCL is engaged in wholesaling, retailing, repairing, renting, leasing, contracting, and installing fire protection systems and fire suppression agents, as well as trading cold storage devices and printing equipment. The company operates in six segments, namely Fire Protection Products and Project segment, which contributes the majority of revenue, Sanitary and Air-Conditioning System, Refrigeration System, Digital Printing System, Building IoT Solutions, and Products of Medical 3D Printing Systems.
77GF Score
Get the complete analysis for BKK:HARN
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