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TSA Group BhdXKLS:0297 +2.33%34 Debt-to-Equity is 0.42 as of Jun. 2026, which is 8% above its 10-year median of 0.39. GuruFocus rates XKLS:0297 with a GF Score™ of 34/100 and a GF Value™ of RM0.70 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 548 Steel companies, TSA Group Bhd ranks worse than 50.73% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for TSA Group Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:0297'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.39 Max: 0.57
Current: 0.42
During the past 6 years, the highest Debt-to-Equity Ratio of TSA Group Bhd was 0.57. The lowest was 0.25. And the median was 0.39.
XKLS:0297's Debt-to-Equity is ranked worse than 50.73% of 548
companies
in the Steel industry
Industry Median: 0.41
vs XKLS:0297: 0.42
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
TSA Group Bhd Debt-to-Equity Related Terms
TSA Group Bhd Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for TSA Group Bhd's Debt-to-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.
XKLS:0297 vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, TSA Group Bhd's Debt-to-Equity, along with its competitors' market caps and Debt-to-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.
TSA Group Bhd Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, TSA Group Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where TSA Group Bhd's Debt-to-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.
TSA Group Bhd (XKLS:0297) has a Debt-to-Equity of 0.42 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on TSA Group Bhd and its competitors. This is near median its historical median of 0.39. Over the past decade, TSA Group Bhd's Debt-to-Equity has ranged from 0.25 to 0.57. According to the industry distribution chart, TSA Group Bhd ranks #278 out of 548 companies in the Steel industry, placing it in the top 50.7%.
Is TSA Group Bhd's Debt-to-Equity too high?
TSA Group Bhd's current Debt-to-Equity of 0.42 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.57. The Steel industry median Debt-to-Equity is 0.41. TSA Group Bhd's value of 0.42 is 2.4% above this industry median. Based on the distribution chart, TSA Group Bhd ranks #278 out of 548 companies in the Steel industry, which is below the industry midpoint. Overall, TSA Group Bhd has a GF Score™ of 34/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSA Group Bhd's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, TSA Group Bhd ranks #278 out of 548 companies for Debt-to-Equity. This places TSA Group Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.41. TSA Group Bhd's value of 0.42 is 2.4% above this benchmark. Historically, TSA Group Bhd's own Debt-to-Equity has ranged from 0.25 to 0.57 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.41, TSA Group Bhd 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 Debt-to-Equity for a Steel company?
The median Debt-to-Equity among Steel companies is 0.41, based on 548 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TSA Group Bhd's current Debt-to-Equity of 0.42 is 2.4% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on TSA Group Bhd and its competitors. For the Steel industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSA Group Bhd's current Debt-to-Equity is 0.42, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSA Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, TSA Group Bhd (XKLS:0297) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.70, compared to a current price of RM0.88 — trading 25.7% above its estimated fair value. The current Debt-to-Equity is 0.42, which is near median its 10-year median of 0.39 and 2.4% above the Steel industry median of 0.41. TSA Group Bhd's overall GF Score™ is 34/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For TSA Group Bhd (XKLS:0297), the current Debt-to-Equity is 0.42 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 TSA Group Bhd (XKLS:0297) Overvalued in 2026?
Based on GuruFocus' analysis, TSA Group Bhd stock appears to be overvalued.
The current stock price of RM0.88 is trading 25.7% above its estimated GF Value™ of RM0.70.
GuruFocus considers TSA Group Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:0297:
Debt-to-Equity: 0.42 (near median its 10-year median of 0.39)
GF Value™: RM0.70 vs. price of RM0.88 (25.7% above fair value)
Industry Position: 2.4% above the Steel median (#278 of 548)
No single metric tells the full story. See the XKLS:0297 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TSA Group Bhd is engaged in trading, manufacturing and processing of metal products, mainly of stainless steel. It mainly trades in stainless steel plates, sheets, coils, pipes, square bars, flat bars, round bars, hexagon bars, angle bars, U-channels, chequered and perforated plates, shim and strips, wire, flanges, and pipe fittings. It also supplies products made from other metals comprising copper, aluminum, brass, bronze, lead, and carbon steel. Geographically it operates in Malaysia, Singapore, Bangladesh, Thailand, Indonesia and others, having key revenue from Malaysia.
34GF Score
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