Hana Microelectronics PCLBKK:HANA-R 73 Return-on-Tangible-Equity is 1.57% as of Mar. 2026, which is 82% below its 10-year median of 8.92. GuruFocus rates BKK:HANA-R with a GF Score™ of 73/100 and a GF Value™ of ฿21.79. The stock has 13 warning signs investors should review. Among 2,381 Hardware companies, Hana Microelectronics PCL ranks worse than 65.94% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Hana Microelectronics PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿414 Mil. Hana Microelectronics PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿26,394 Mil. Therefore, Hana Microelectronics PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.57%.
The historical rank and industry rank for Hana Microelectronics PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:HANA-R'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.27 Med: 8.92 Max: 14.34
Current: 1.11
During the past 13 years, Hana Microelectronics PCL's highest Return-on-Tangible-Equity was 14.34%. The lowest was -2.27%. And the median was 8.92%.
BKK:HANA-R's Return-on-Tangible-Equity is ranked worse than 65.94% of 2381
companies
in the Hardware industry
Industry Median: 5.23
vs BKK:HANA-R: 1.11
Hana Microelectronics PCL (BKK:HANA-R) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Hana Microelectronics PCL Return-on-Tangible-Equity Related Terms
Hana Microelectronics PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hana Microelectronics PCL's Return-on-Tangible-Equity 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-Equity Chart
BKK:HANA-R vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Hana Microelectronics PCL's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Hana Microelectronics PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hana Microelectronics PCL's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.57% mean?
Hana Microelectronics PCL (BKK:HANA-R) has a Return-on-Tangible-Equity of 1.57% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hana Microelectronics PCL and its competitors. This is 82% below median its historical median of 8.92. According to the industry distribution chart, Hana Microelectronics PCL ranks #1570 out of 2381 companies in the Hardware industry, placing it in the top 65.9%.
Is Hana Microelectronics PCL's Return-on-Tangible-Equity too high?
Hana Microelectronics PCL's current Return-on-Tangible-Equity of 1.57% is 82% below median its 10-year median of 8.92. The Hardware industry median Return-on-Tangible-Equity is 5.23. Hana Microelectronics PCL's value of 1.57% is 70% below this industry median. Based on the distribution chart, Hana Microelectronics PCL ranks #1570 out of 2381 companies in the Hardware industry, which is below the industry midpoint. Overall, Hana Microelectronics PCL has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Hana Microelectronics PCL's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Hana Microelectronics PCL ranks #1570 out of 2381 companies for Return-on-Tangible-Equity. This places Hana Microelectronics PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.23. Hana Microelectronics PCL's value of 1.57% is 70% below this benchmark. While the company's 10-year median is 8.92 vs. the industry median of 5.23, 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-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.23, based on 2,381 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 1.57% is 70% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hana Microelectronics PCL and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.23 — 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-Equity is 1.57%, which is 82% below median its own 10-year median of 8.92. 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-Equity of 1.57%. 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-Equity is 1.57%, which is 82% below median its 10-year median of 8.92 and 70% below the Hardware industry median of 5.23. Hana Microelectronics PCL's overall GF Score™ is 73/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Hana Microelectronics PCL (BKK:HANA-R), the current Return-on-Tangible-Equity is 1.57% 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-Equity: 1.57% (82% below median its 10-year median of 8.92)
GF Value™: ฿21.79 vs. price of ฿28.43 (30.5% above fair value)
Industry Position: 70% below the Hardware median (#1570 of 2381)
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.
73GF Score
Get the complete analysis for BKK:HANA-R
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:HANA-R has been successfully added to your 
