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Harju Elekter GroupFRA:HD8 -0.41%66 Return-on-Tangible-Equity is 1.25% as of Jun. 2026, which is 75% below its 10-year median of 5.06. GuruFocus rates FRA:HD8 with a GF Score™ of 66/100 and a GF Value™ of €4.10 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,983 Industrial Products companies, Harju Elekter Group ranks worse than 51.63% 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. Harju Elekter Group's annualized net income for the quarter that ended in Jun. 2026 was €1.1 Mil. Harju Elekter Group's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €87.0 Mil. Therefore, Harju Elekter Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 1.25%.
The historical rank and industry rank for Harju Elekter Group's Return-on-Tangible-Equity or its related term are showing as below:
FRA:HD8'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.31 Med: 5.06 Max: 49.33
Current: 6.68
During the past 13 years, Harju Elekter Group's highest Return-on-Tangible-Equity was 49.33%. The lowest was -7.31%. And the median was 5.06%.
FRA:HD8's Return-on-Tangible-Equity is ranked worse than 51.63% of 2983
companies
in the Industrial Products industry
Industry Median: 7.15
vs FRA:HD8: 6.68
Harju Elekter Group (FRA:HD8) 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.
Harju Elekter Group Return-on-Tangible-Equity Related Terms
Harju Elekter Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Harju Elekter Group'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.
Harju Elekter Group Return-on-Tangible-Equity Chart
FRA:HD8 vs VRT, BE, HUBB: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Harju Elekter Group'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.
Harju Elekter Group Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Harju Elekter Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Harju Elekter Group'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.25% mean?
Harju Elekter Group (FRA:HD8) has a Return-on-Tangible-Equity of 1.25% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Harju Elekter Group and its competitors. This is 75% below median its historical median of 5.06. According to the industry distribution chart, Harju Elekter Group ranks #1540 out of 2983 companies in the Industrial Products industry, placing it in the top 51.6%.
Is Harju Elekter Group's Return-on-Tangible-Equity too high?
Harju Elekter Group's current Return-on-Tangible-Equity of 1.25% is 75% below median its 10-year median of 5.06. The Industrial Products industry median Return-on-Tangible-Equity is 7.15. Harju Elekter Group's value of 1.25% is 82.5% below this industry median. Based on the distribution chart, Harju Elekter Group ranks #1540 out of 2983 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Harju Elekter Group has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harju Elekter Group's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Harju Elekter Group ranks #1540 out of 2983 companies for Return-on-Tangible-Equity. This places Harju Elekter Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.15. Harju Elekter Group's value of 1.25% is 82.5% below this benchmark. While the company's 10-year median is 5.06 vs. the industry median of 7.15, Harju Elekter Group 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 7.15, based on 2,983 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. Harju Elekter Group's current Return-on-Tangible-Equity of 1.25% is 82.5% 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 Harju Elekter Group and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harju Elekter Group's current Return-on-Tangible-Equity is 1.25%, which is 75% below median its own 10-year median of 5.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harju Elekter Group stock overvalued right now?
Based on GuruFocus' analysis, Harju Elekter Group (FRA:HD8) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.10, compared to a current price of €4.89 — trading 19.3% above its estimated fair value. The current Return-on-Tangible-Equity is 1.25%, which is 75% below median its 10-year median of 5.06 and 82.5% below the Industrial Products industry median of 7.15. Harju Elekter Group's overall GF Score™ is 66/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Harju Elekter Group (FRA:HD8), the current Return-on-Tangible-Equity is 1.25% 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 Harju Elekter Group (FRA:HD8) Overvalued in 2026?
Based on GuruFocus' analysis, Harju Elekter Group stock appears to be overvalued.
The current stock price of €4.89 is trading 19.3% above its estimated GF Value™ of €4.10.
GuruFocus considers Harju Elekter Group to be Modestly Overvalued.
Key valuation signals for FRA:HD8:
Return-on-Tangible-Equity: 1.25% (75% below median its 10-year median of 5.06)
GF Value™: €4.10 vs. price of €4.89 (19.3% above fair value)
Industry Position: 82.5% below the Industrial Products median (#1540 of 2983)
No single metric tells the full story. See the FRA:HD8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harju Elekter Group is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Its Other activities include the management of financial investments, electrical installation works in shipbuilding, and the retail and project sales of electrical goods.
66GF Score
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