Harju Elekter Group (OTSE:HAE1T) ROE %: 1.12% (As of Jun. 2026) — 75% Below Median

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OTSE:HAE1T Harju Elekter Group OTSE:HAE1T
64 GF Score
Price €5.14
GF Value €4.33
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Harju Elekter Group ROE %?

Harju Elekter Group OTSE:HAE1T 64 ROE % is 1.12% as of Jun. 2026, which is 75% below its 10-year median of 4.56. GuruFocus rates OTSE:HAE1T with a GF Score™ of 64/100 and a GF Value™ of €4.33 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,016 Industrial Products companies, Harju Elekter Group ranks worse than 50.99% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Harju Elekter Group's annualized net income for the quarter that ended in Jun. 2026 was €1.1 Mil. Harju Elekter Group's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was €97.2 Mil. Therefore, Harju Elekter Group's annualized ROE % for the quarter that ended in Jun. 2026 was 1.12%.

The historical rank and industry rank for Harju Elekter Group's ROE % or its related term are showing as below:

OTSE:HAE1T' s ROE % Range Over the Past 10 Years
Min: -6.66   Med: 4.56   Max: 44.75
Current: 6.01

During the past 13 years, Harju Elekter Group's highest ROE % was 44.75%. The lowest was -6.66%. And the median was 4.56%.

OTSE:HAE1T's ROE % is ranked worse than
50.99% of 3016 companies
in the Industrial Products industry
Industry Median: 6.235 vs OTSE:HAE1T: 6.01

Harju Elekter Group  (OTSE:HAE1T) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=1.088/97.243
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.088 / 168.44)*(168.44 / 161.217)*(161.217 / 97.243)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.65 %*1.0448*1.6579
=ROA %*Equity Multiplier
=0.68 %*1.6579
=1.12 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=1.088/97.243
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.088 / 1.628) * (1.628 / 4.444) * (4.444 / 168.44) * (168.44 / 161.217) * (161.217 / 97.243)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6683 * 0.3663 * 2.64 % * 1.0448 * 1.6579
=1.12 %

Note: The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Harju Elekter Group ROE % Related Terms


Harju Elekter Group ROE % Historical Data

* Premium members only.

The historical data trend for Harju Elekter Group's ROE % 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 ROE % Chart

Harju Elekter Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 -6.66 6.09 3.51 11.36

Harju Elekter Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROE % 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 11.26 12.19 10.74 0.08 1.12

OTSE:HAE1T vs VRT, BE, HUBB: ROE % Comparison

For the Electrical Equipment & Parts subindustry, Harju Elekter Group's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harju Elekter Group's ROE % distribution charts can be found below:

* The bar in red indicates where Harju Elekter Group's ROE % falls into.


OTSE:HAE1T
64GF Score
Harju Elekter Group OTSE:HAE1T
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Harju Elekter Group ROE % Calculation

Harju Elekter Group's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=10.784/( (91.033+98.861)/ 2 )
=10.784/94.947
=11.36 %

Harju Elekter Group's annualized ROE % for the quarter that ended in Jun. 2026 is calculated as

ROE %=Net Income (Q: Jun. 2026 )/( (Total Stockholders Equity (Q: Mar. 2026 )+Total Stockholders Equity (Q: Jun. 2026 ))/ count )
=1.088/( (99.331+95.155)/ 2 )
=1.088/97.243
=1.12 %

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

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 1.12% mean?
Harju Elekter Group (OTSE:HAE1T) has a ROE % of 1.12% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Harju Elekter Group and its competitors. This is 75% below median its historical median of 4.56. According to the industry distribution chart, Harju Elekter Group ranks #1538 out of 3016 companies in the Industrial Products industry, placing it in the top 51%.
Is Harju Elekter Group's ROE % too high?
Harju Elekter Group's current ROE % of 1.12% is 75% below median its 10-year median of 4.56. The Industrial Products industry median ROE % is 6.24. Harju Elekter Group's value of 1.12% is 82% below this industry median. Based on the distribution chart, Harju Elekter Group ranks #1538 out of 3016 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Harju Elekter Group has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harju Elekter Group's ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Harju Elekter Group ranks #1538 out of 3016 companies for ROE %. This places Harju Elekter Group in the lower half of its industry. The industry median ROE % is 6.24. Harju Elekter Group's value of 1.12% is 82% below this benchmark. While the company's 10-year median is 4.56 vs. the industry median of 6.24, 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 ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 6.24, based on 3,016 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harju Elekter Group's current ROE % of 1.12% is 82% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Harju Elekter Group and its competitors. For the Industrial Products industry, the median ROE % is 6.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harju Elekter Group's current ROE % is 1.12%, which is 75% below median its own 10-year median of 4.56. 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 (OTSE:HAE1T) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.33, compared to a current price of €5.14 — trading 18.7% above its estimated fair value. The current ROE % is 1.12%, which is 75% below median its 10-year median of 4.56 and 82% below the Industrial Products industry median of 6.24. Harju Elekter Group's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Harju Elekter Group (OTSE:HAE1T), the current ROE % is 1.12% 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 (OTSE:HAE1T) Overvalued in 2026?

Based on GuruFocus' analysis, Harju Elekter Group stock appears to be overvalued. The current stock price of €5.14 is trading 18.7% above its estimated GF Value™ of €4.33. GuruFocus considers Harju Elekter Group to be Modestly Overvalued.

Key valuation signals for OTSE:HAE1T:

  • ROE %: 1.12% (75% below median its 10-year median of 4.56)
  • GF Value™: €4.33 vs. price of €5.14 (18.7% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 82% below the Industrial Products median (#1538 of 3016)

No single metric tells the full story. See the OTSE:HAE1T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harju Elekter Group Business Description

Other Exchanges HD8:Germany
Address Paldiski maantee 31/2, Keila, EST, 76606
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.
64GF Score

Get the complete analysis for OTSE:HAE1T

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

€5.14
Price
€4.33
GF Value