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KRN Heat Exchanger and RefrigerationBOM:544263 +0.37%48 Return-on-Tangible-Equity is 16.28% as of Mar. 2026, which is 46% below its 10-year median of 30.19. GuruFocus rates BOM:544263 with a GF Score™ of 48/100. The stock has 8 warning signs investors should review. Among 2,384 Hardware companies, KRN Heat Exchanger and Refrigeration ranks better than 76.68% on this metric.
The historical rank and industry rank for KRN Heat Exchanger and Refrigeration's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544263'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.26 Med: 30.19 Max: 75.94
Current: 14.33
During the past 6 years, KRN Heat Exchanger and Refrigeration's highest Return-on-Tangible-Equity was 75.94%. The lowest was 14.26%. And the median was 30.19%.
BOM:544263's Return-on-Tangible-Equity is ranked better than 76.68% of 2384
companies
in the Hardware industry
Industry Median: 5.395
vs BOM:544263: 14.33
KRN Heat Exchanger and Refrigeration (BOM:544263) 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.
KRN Heat Exchanger and Refrigeration Return-on-Tangible-Equity Related Terms
KRN Heat Exchanger and Refrigeration Return-on-Tangible-Equity 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-Equity Chart
BOM:544263 vs APH, GLW, TEL: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, KRN Heat Exchanger and Refrigeration'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.
KRN Heat Exchanger and Refrigeration Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, KRN Heat Exchanger and Refrigeration's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where KRN Heat Exchanger and Refrigeration'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 16.28% mean?
KRN Heat Exchanger and Refrigeration (BOM:544263) has a Return-on-Tangible-Equity of 16.28% 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 KRN Heat Exchanger and Refrigeration and its competitors. This is 46% below median its historical median of 30.19. Over the past decade, KRN Heat Exchanger and Refrigeration's Return-on-Tangible-Equity has ranged from 14.26 to 75.94. According to the industry distribution chart, KRN Heat Exchanger and Refrigeration ranks #556 out of 2384 companies in the Hardware industry, placing it in the top 23.3%.
Is KRN Heat Exchanger and Refrigeration's Return-on-Tangible-Equity too high?
KRN Heat Exchanger and Refrigeration's current Return-on-Tangible-Equity of 16.28% is 46% below median its 10-year median of 30.19. Over the past 10 years, this metric has ranged from a low of 14.26 to a high of 75.94. The Hardware industry median Return-on-Tangible-Equity is 5.40. KRN Heat Exchanger and Refrigeration's value of 16.28% is 201.8% above this industry median. Based on the distribution chart, KRN Heat Exchanger and Refrigeration ranks #556 out of 2384 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 48/100, reflecting its overall financial health beyond just this single metric.
How does KRN Heat Exchanger and Refrigeration's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, KRN Heat Exchanger and Refrigeration ranks #556 out of 2384 companies for Return-on-Tangible-Equity. This places KRN Heat Exchanger and Refrigeration in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.40. KRN Heat Exchanger and Refrigeration's value of 16.28% is 201.8% above this benchmark. Historically, KRN Heat Exchanger and Refrigeration's own Return-on-Tangible-Equity has ranged from 14.26 to 75.94 over the past decade. While the company's 10-year median is 30.19 vs. the industry median of 5.40, 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-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.40, based on 2,384 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. KRN Heat Exchanger and Refrigeration's current Return-on-Tangible-Equity of 16.28% is 201.8% 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-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 KRN Heat Exchanger and Refrigeration and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.40 — 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-Equity is 16.28%, which is 46% below median its own 10-year median of 30.19. 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-Equity of 16.28%. The current Return-on-Tangible-Equity is 16.28%, which is 46% below median its 10-year median of 30.19 and 201.8% above the Hardware industry median of 5.40. KRN Heat Exchanger and Refrigeration's overall GF Score™ is 48/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For KRN Heat Exchanger and Refrigeration (BOM:544263), the current Return-on-Tangible-Equity is 16.28% 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.
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.
48GF Score
Get the complete analysis for BOM:544263
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