TSA Group BhdXKLS:0297 -0.57%35 Gross Margin % is 21.50% as of Mar. 2026, which is 0% below its 10-year median of 21.60. GuruFocus rates XKLS:0297 with a GF Score™ of 35/100. The stock has 10 warning signs investors should review. Among 593 Steel companies, TSA Group Bhd ranks better than 74.54% on this metric.
TSA Group Bhd gross margin has been in long-term decline. The average rate of decline per year is -1.8%.
The historical rank and industry rank for TSA Group Bhd's Gross Margin % or its related term are showing as below:
XKLS:0297'
s Gross Margin % Range Over the Past 10 Years
Min: 18.71 Med: 21.6 Max: 28.55
Current: 22.3
During the past 6 years, the highestGross Margin % of TSA Group Bhd was 28.55%. The lowest was 18.71%. And the median was 21.60%.
XKLS:0297's Gross Margin % is ranked better than 74.54% of 593
companies
in the Steel industry
Industry Median: 12.6
vs XKLS:0297: 22.30
TSA Group Bhd had a gross margin of 21.50% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for TSA Group Bhd was -1.80% per year.
TSA Group Bhd (XKLS:0297) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
TSA Group Bhd had a gross margin of 21.50% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
TSA Group Bhd Gross Margin % Related Terms
TSA Group Bhd Gross Margin % Historical Data
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The historical data trend for TSA Group Bhd's Gross Margin % 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: Gross Margin % Comparison
For the Steel subindustry, TSA Group Bhd's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, TSA Group Bhd's Gross Margin % distribution charts can be found below:
* The bar in red indicates where TSA Group Bhd's Gross Margin % 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
TSA Group Bhd (XKLS:0297) has a Gross Margin % of 21.50% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TSA Group Bhd and its competitors. This is near median its historical median of 21.60. Over the past decade, TSA Group Bhd's Gross Margin % has ranged from 18.71 to 28.55. According to the industry distribution chart, TSA Group Bhd ranks #151 out of 593 companies in the Steel industry, placing it in the top 25.5%.
Is TSA Group Bhd's Gross Margin % too high?
TSA Group Bhd's current Gross Margin % of 21.50% is near median its 10-year median of 21.60. Over the past 10 years, this metric has ranged from a low of 18.71 to a high of 28.55. The Steel industry median Gross Margin % is 12.60. TSA Group Bhd's value of 21.50% is 70.6% above this industry median. Based on the distribution chart, TSA Group Bhd ranks #151 out of 593 companies in the Steel industry, which is above the industry midpoint. Overall, TSA Group Bhd has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does TSA Group Bhd's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, TSA Group Bhd ranks #151 out of 593 companies for Gross Margin %. This puts TSA Group Bhd in the upper half of its industry. The industry median Gross Margin % is 12.60. TSA Group Bhd's value of 21.50% is 70.6% above this benchmark. Historically, TSA Group Bhd's own Gross Margin % has ranged from 18.71 to 28.55 over the past decade. While the company's 10-year median is 21.60 vs. the industry median of 12.60, 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 Gross Margin % for a Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 593 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TSA Group Bhd's current Gross Margin % of 21.50% is 70.6% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on TSA Group Bhd and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSA Group Bhd's current Gross Margin % is 21.50%, which is near median its own 10-year median of 21.60. 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?
TSA Group Bhd (XKLS:0297) has a current Gross Margin % of 21.50%. The current Gross Margin % is 21.50%, which is near median its 10-year median of 21.60 and 70.6% above the Steel industry median of 12.60. TSA Group Bhd's overall GF Score™ is 35/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For TSA Group Bhd (XKLS:0297), the current Gross Margin % is 21.50% 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.
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.
35GF Score
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