HRVFF (Harvia) ROA %: 13.41% (As of Mar. 2026) — 34% Above Median


HRVFF Harvia PLC HRVFF
86 GF Score
Price $46.25
GF Value $53.23
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Harvia ROA %?

Harvia HRVFF 86 ROA % is 13.41% as of Mar. 2026, which is 34% above its 10-year median of 10.00. GuruFocus rates HRVFF with a GF Score™ of 86/100 and a GF Value™ of $53.23 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 858 Travel & Leisure companies, Harvia ranks better than 87.53% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Harvia's annualized Net Income for the quarter that ended in Mar. 2026 was $43.3 Mil. Harvia's average Total Assets over the quarter that ended in Mar. 2026 was $322.9 Mil. Therefore, Harvia's annualized ROA % for the quarter that ended in Mar. 2026 was 13.41%.

The historical rank and industry rank for Harvia's ROA % or its related term are showing as below:

HRVFF' s ROA % Range Over the Past 10 Years
Min: 2.61   Med: 10   Max: 18.35
Current: 10.02

During the past 12 years, Harvia's highest ROA % was 18.35%. The lowest was 2.61%. And the median was 10.00%.

HRVFF's ROA % is ranked better than
87.53% of 858 companies
in the Travel & Leisure industry
Industry Median: 2.345 vs HRVFF: 10.02

Harvia  (OTCPK:HRVFF) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=43.284/322.8925
=(Net Income / Revenue)*(Revenue / Total Assets)
=(43.284 / 270.9)*(270.9 / 322.8925)
=Net Margin %*Asset Turnover
=15.98 %*0.839
=13.41 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Harvia ROA % Related Terms


Harvia ROA % Historical Data

* Premium members only.

The historical data trend for Harvia's ROA % 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.

Harvia ROA % Chart

Harvia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.73 12.78 11.16 9.94 10.41

Harvia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.62 6.69 9.16 11.14 13.41

HRVFF vs AS, HAS, LTH: ROA % Comparison

For the Leisure subindustry, Harvia's ROA %, along with its competitors' market caps and ROA % 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.


Harvia ROA % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Harvia's ROA % distribution charts can be found below:

* The bar in red indicates where Harvia's ROA % falls into.


HRVFF
86GF Score
Harvia PLC HRVFF
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Harvia ROA % Calculation

Harvia's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=30.957/( (276.973+317.662)/ 2 )
=30.957/297.3175
=10.41 %

Harvia's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=43.284/( (317.662+328.123)/ 2 )
=43.284/322.8925
=13.41 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 13.41% mean?
Harvia (HRVFF) has a ROA % of 13.41% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Harvia and its competitors. This is 34% above median its historical median of 10.00. Over the past decade, Harvia's ROA % has ranged from 2.61 to 18.35. According to the industry distribution chart, Harvia ranks #107 out of 858 companies in the Travel & Leisure industry, placing it in the top 12.5%.
Is Harvia's ROA % too high?
Harvia's current ROA % of 13.41% is 34% above median its 10-year median of 10.00. Over the past 10 years, this metric has ranged from a low of 2.61 to a high of 18.35. The Travel & Leisure industry median ROA % is 2.35. Harvia's value of 13.41% is 471.9% above this industry median. Based on the distribution chart, Harvia ranks #107 out of 858 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Harvia has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harvia's ROA % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Harvia ranks #107 out of 858 companies for ROA %. This places Harvia in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 2.35. Harvia's value of 13.41% is 471.9% above this benchmark. Historically, Harvia's own ROA % has ranged from 2.61 to 18.35 over the past decade. While the company's 10-year median is 10.00 vs. the industry median of 2.35, Harvia 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 ROA % for a Travel & Leisure company?
The median ROA % among Travel & Leisure companies is 2.35, based on 858 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harvia's current ROA % of 13.41% is 471.9% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Harvia and its competitors. For the Travel & Leisure industry, the median ROA % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harvia's current ROA % is 13.41%, which is 34% above median its own 10-year median of 10.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harvia stock overvalued right now?
Based on GuruFocus' analysis, Harvia (HRVFF) is currently considered Modestly Undervalued. The stock's GF Value™ is $53.23, compared to a current price of $46.25 — trading 13.1% below its estimated fair value. The current ROA % is 13.41%, which is 34% above median its 10-year median of 10.00 and 471.9% above the Travel & Leisure industry median of 2.35. Harvia's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Harvia (HRVFF), the current ROA % is 13.41% 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 Harvia (HRVFF) Overvalued in 2026?

Based on GuruFocus' analysis, Harvia stock appears to be undervalued. The current stock price of $46.25 is trading 13.1% below its estimated GF Value™ of $53.23. GuruFocus considers Harvia to be Modestly Undervalued.

Key valuation signals for HRVFF:

  • ROA %: 13.41% (34% above median its 10-year median of 10.00)
  • GF Value™: $53.23 vs. price of $46.25 (13.1% below fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 471.9% above the Travel & Leisure median (#107 of 858)

No single metric tells the full story. See the HRVFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harvia Business Description

Address Teollisuustie 1-7, P.O. Box 12, Muurame, FIN, 40950
Harvia PLC is a sauna and spa company. The company's brands and product range are well known in the market, and the company's comprehensive product range aims to meet the needs of the international sauna and spa market, both for professionals and consumers. The group's product range includes sauna heaters, sauna rooms, infrared and steam saunas, steam showers, spa components, control units, heater stones, sauna accessories, and sauna interior solutions such as sauna benches, audio speakers, and lighting solutions.
86GF Score

Get the complete analysis for HRVFF

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$46.25
Price
$53.23
GF Value