Harn Engineering Solutions Public Company Limited (HARN.BK)
Bangkok, TH
Harn Engineering Solutions Public Company Limited, a Bangkok, Thailand-based company established in 2001, provides a wide array of engineering and technological services. Initially known as Fire Victor Public Company Limited, the firm adopted its current name in November 2016. Operating within Thailand, the company specializes in fire protection, handling the wholesale, retail, repair, rental, leasing, contracting, and installation of fire safety systems and suppression agents. Their comprehensive offerings in this sector include essential items like sprinklers, fire hose cabinets, floor control valves, pump room equipment, and fire extinguishers. Beyond fire safety, Harn offers extensive refrigeration solutions, supplying compressors, unit coolers, controllers, inverters, condensing units, refrigerants, fans, and advanced cooling system control devices. The firm also extends its expertise to air-conditioning and sanitary systems, providing products such as chillers, cooling towers, PICV, and air handling and fan coil units. Moreover, the company is a significant provider of digital printing solutions, encompassing coding and marking technologies, variable QR/2D coding, digital color label presses, and robust after-sales support. This segment further includes 3D printers, specialized software packages, scanners, and diverse printing services. Harn also engages in the trade of cold storage devices, as well as the sale, repair, and rental of printing equipment, and delivers innovative smart building business solutions.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.01% | +2.04% | -0.99% | +0.00% | +2.56% | +2.56% | -3.85% | -6.54% | -23.08% | -14.53% | -59.51% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
-
Revenue growth Security & Protection Services: +5.0%-4.7% Q1'26: +10.7% (vs Q1'25)
-
EPS growth Security & Protection Services: +23.5%-6.7% Q1'26: +108.1% (vs Q1'25)
-
FCF margin FCF growth · Security & Protection Services: +20.2%+14.6% ★ Q1'26: +2.0% (vs Q1'25)
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EBIT margin Security & Protection Services: +8.9%+6.5% Q1'26: +10.4% (vs Q1'25)
-
ROIC Security & Protection Services: +6.4%+6.0% Q1'26: +11.4% (vs Q1'25)
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Share dilution Security & Protection Services: +0.1%+0.0% Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Security & Protection Services: -0.99×1.83× ★ Q1'26: 0.60× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
1.29B
est: 1.30B (-1.3%)
|
1.34B
est: 1.43B (-6.2%)
|
1.37B
est: 1.35B (+1.1%)
|
1.15B
est: 1.43B (-19.2%)
|
1.03B
est: 1.51B (-32.2%)
|
1.24B
est: 1.30B (-4.9%)
|
1.18B
est: 1.43B (-17.6%)
|
1.35B
1.35B – 1.35B
-5.7% YoY
|
1.43B
1.43B – 1.43B
+5.5% YoY
|
1.51B
1.51B – 1.51B
+6.1% YoY
|
| EBITDA |
192.07M
est: 169.02M (+13.6%)
|
198.63M
est: 185.89M (+6.9%)
|
216.72M
est: 175.38M (+23.6%)
|
156.80M
est: 185.11M (-15.3%)
|
136.38M
est: 196.39M (-30.6%)
|
142.65M
est: 156.69M (-9.0%)
|
104.83M
est: 172.32M (-39.2%)
|
162.58M
162.58M – 162.58M
-5.7% YoY
|
171.60M
171.60M – 171.60M
+5.5% YoY
|
182.06M
182.06M – 182.06M
+6.1% YoY
|
| EBIT |
161.14M
est: 125.91M (+28.0%)
|
167.51M
est: 138.47M (+21.0%)
|
186.95M
est: 130.64M (+43.1%)
|
121.80M
est: 137.89M (-11.7%)
|
92.35M
est: 146.30M (-36.9%)
|
114.13M
est: 115.40M (-1.1%)
|
77.22M
est: 126.92M (-39.2%)
|
119.74M
119.74M – 119.74M
-5.7% YoY
|
126.38M
126.38M – 126.38M
+5.5% YoY
|
134.09M
134.09M – 134.09M
+6.1% YoY
|
| Net Income |
129.68M
est: 122.75M (+5.6%)
|
134.36M
est: 146.13M (-8.1%)
|
149.62M
est: 140.28M (+6.7%)
|
97.98M
est: 157.82M (-37.9%)
|
72.27M
est: 175.35M (-58.8%)
|
87.60M
est: 122.75M (-28.6%)
|
83.90M
est: 146.13M (-42.6%)
|
140.28M
140.28M – 140.28M
-4.0% YoY
|
157.82M
157.82M – 157.82M
+12.5% YoY
|
175.35M
175.35M – 175.35M
+11.1% YoY
|
| SGA |
234.53M
est: 276.58M (-15.2%)
|
257.28M
est: 304.18M (-15.4%)
|
258.34M
est: 286.98M (-10.0%)
|
244.62M
est: 302.90M (-19.2%)
|
240.07M
est: 321.37M (-25.3%)
|
245.71M
est: 276.63M (-11.2%)
|
250.91M
est: 304.22M (-17.5%)
|
287.03M
287.03M – 287.03M
-5.7% YoY
|
302.95M
302.95M – 302.95M
+5.5% YoY
|
321.42M
321.42M – 321.42M
+6.1% YoY
|
| EPS |
0.22
est: 0.21 (+4.8%)
|
0.23
est: 0.25 (-8.0%)
|
0.26
est: 0.24 (+8.3%)
|
0.17
est: 0.27 (-37.0%)
|
0.12
est: 0.30 (-60.0%)
|
0.15
est: 0.21 (-28.6%)
|
0.14
est: 0.25 (-44.0%)
|
0.24
0.24 – 0.24
-4.0% YoY
|
0.27
0.27 – 0.27
+12.5% YoY
|
0.30
0.30 – 0.30
+11.1% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-22 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-21 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-05-20 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-05-19 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-05-18 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 3/5 | 4/5 |
| 2026-05-15 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-14 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-13 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-12 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-11 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-05-08 | A+ | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 4/5 | 5/5 |
| 2026-05-07 | A+ | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 4/5 | 5/5 |
| 2026-05-06 | A+ | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 4/5 | 5/5 |
| 2026-05-05 | A+ | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 4/5 | 5/5 |
| 2026-04-30 | A | 4/5 | 5/5 | 3/5 | 4/5 | 3/5 | 4/5 | 4/5 |
| 2026-04-29 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-28 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-27 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-24 | A- | 4/5 | 5/5 | 2/5 | 4/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-23 | A- | 4/5 | 5/5 | 2/5 | 5/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-22 | A- | 4/5 | 5/5 | 2/5 | 5/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-21 | A- | 4/5 | 5/5 | 2/5 | 5/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-20 | A- | 4/5 | 5/5 | 2/5 | 5/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-17 | A- | 4/5 | 5/5 | 2/5 | 5/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-16 | A- | 4/5 | 5/5 | 2/5 | 5/5 | 2/5 | 3/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
This company is not held by any ETF in our universe.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Wirat Sukchai | Chief Marketing Officer of Refrigeration System & Director | 450.0K | male |
| Ananya Proyngoen | Accounting Manager | — | female |
| Kittiphong Kittimethawenun | Sales Director of Refrigeration System | — | male |
| Nittaya Maetineewattanavong | Company Secretary | — | female |
| Pongsawat Penglengpol | Sales Special Products Director | — | male |
| Pracha Phromphornchai | Project Sales Director of Fire Protection System, Air-Conditioning System & Sanitary | — | male |
| Rattanaphan Mukhariwattananon | Chief Marketing Officer of Safety & Comfortable | — | male |
| Suchat Suwatnodom | Project Sales Director of Petrochemical- Fire Protection System, Air-conditioning System & Sanitary | — | male |
| Sukit Litikorn | Engineering Support Director of Refrigeration System | — | male |
| Thammanoon Tripetchr | CEO, CMO and Acting MD of Printing System System & Director | — | male |
| Varinkan Teraumranon | Chief Operating Officer | — | female |
| Wisit Wachiralappaitoon | Chief Financial Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for HARN.BK
Short-term intention
Target Price Distribution
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