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KRN Heat Exchanger and RefrigerationBOM:544263 +0.83%49 Return-on-Tangible-Asset is 14.14% as of Jun. 2026, which is 5% above its 10-year median of 13.50. GuruFocus rates BOM:544263 with a GF Score™ of 49/100. The stock has 8 warning signs investors should review. Among 2,497 Hardware companies, KRN Heat Exchanger and Refrigeration ranks better than 89.79% on this metric.
The historical rank and industry rank for KRN Heat Exchanger and Refrigeration's Return-on-Tangible-Asset or its related term are showing as below:
BOM:544263'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.71 Med: 13.5 Max: 26.76
Current: 12.89
During the past 6 years, KRN Heat Exchanger and Refrigeration's highest Return-on-Tangible-Asset was 26.76%. The lowest was 4.71%. And the median was 13.50%.
BOM:544263's Return-on-Tangible-Asset is ranked better than 89.79% of 2497
companies
in the Hardware industry
Industry Median: 2.89
vs BOM:544263: 12.89
KRN Heat Exchanger and Refrigeration (BOM:544263) 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.
KRN Heat Exchanger and Refrigeration Return-on-Tangible-Asset Related Terms
KRN Heat Exchanger and Refrigeration 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.
KRN Heat Exchanger and Refrigeration Return-on-Tangible-Asset Chart
BOM:544263 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, KRN Heat Exchanger and Refrigeration'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.
KRN Heat Exchanger and Refrigeration Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, KRN Heat Exchanger and Refrigeration's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where KRN Heat Exchanger and Refrigeration'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 14.14% mean?
KRN Heat Exchanger and Refrigeration (BOM:544263) has a Return-on-Tangible-Asset of 14.14% 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 KRN Heat Exchanger and Refrigeration and its competitors. This is near median its historical median of 13.50. Over the past decade, KRN Heat Exchanger and Refrigeration's Return-on-Tangible-Asset has ranged from 4.71 to 26.76. According to the industry distribution chart, KRN Heat Exchanger and Refrigeration ranks #255 out of 2497 companies in the Hardware industry, placing it in the top 10.2%.
Is KRN Heat Exchanger and Refrigeration's Return-on-Tangible-Asset too high?
KRN Heat Exchanger and Refrigeration's current Return-on-Tangible-Asset of 14.14% is near median its 10-year median of 13.50. Over the past 10 years, this metric has ranged from a low of 4.71 to a high of 26.76. The Hardware industry median Return-on-Tangible-Asset is 2.89. KRN Heat Exchanger and Refrigeration's value of 14.14% is 389.3% above this industry median. Based on the distribution chart, KRN Heat Exchanger and Refrigeration ranks #255 out of 2497 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, KRN Heat Exchanger and Refrigeration has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does KRN Heat Exchanger and Refrigeration's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, KRN Heat Exchanger and Refrigeration ranks #255 out of 2497 companies for Return-on-Tangible-Asset. This places KRN Heat Exchanger and Refrigeration in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.89. KRN Heat Exchanger and Refrigeration's value of 14.14% is 389.3% above this benchmark. Historically, KRN Heat Exchanger and Refrigeration's own Return-on-Tangible-Asset has ranged from 4.71 to 26.76 over the past decade. While the company's 10-year median is 13.50 vs. the industry median of 2.89, KRN Heat Exchanger and Refrigeration 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.89, based on 2,497 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. KRN Heat Exchanger and Refrigeration's current Return-on-Tangible-Asset of 14.14% is 389.3% 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 KRN Heat Exchanger and Refrigeration and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KRN Heat Exchanger and Refrigeration's current Return-on-Tangible-Asset is 14.14%, which is near median its own 10-year median of 13.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KRN Heat Exchanger and Refrigeration stock overvalued right now?
KRN Heat Exchanger and Refrigeration (BOM:544263) has a current Return-on-Tangible-Asset of 14.14%. The current Return-on-Tangible-Asset is 14.14%, which is near median its 10-year median of 13.50 and 389.3% above the Hardware industry median of 2.89. KRN Heat Exchanger and Refrigeration's overall GF Score™ is 49/100 with 8 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 KRN Heat Exchanger and Refrigeration (BOM:544263), the current Return-on-Tangible-Asset is 14.14% 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.
KRN Heat Exchanger and Refrigeration Ltd manufacture fin and tube-type heat exchangers for the Heat Ventilation Air Conditioning and Refrigeration Industry. Heat exchangers manufactured by the company are made of non-ferrous metals, Copper and Aluminium. Its product range includes condenser coils, evaporator units, evaporator coils, header/copper parts, fluid and steam coils and sheet metal parts. The diameter of the heat exchanger tubes it produces ranges from 5MM to 15.88 MM. The company's products are well suited for a wide range of air conditioning, heating and ventilation, refrigeration and process cooling applications.
49GF Score
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