TSA Group Bhd (XKLS:0297) Owner Earnings per Share (TTM): (As of Jun. 2026)

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XKLS:0297 TSA Group Bhd XKLS:0297
33 GF Score
Price RM0.90
GF Value RM0.70
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is TSA Group Bhd Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

TSA Group Bhd does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for TSA Group Bhd's Owner Earnings per Share (TTM) or its related term are showing as below:



XKLS:0297's Price-to-Owner-Earnings is not ranked *
in the Steel industry.
Industry Median: 13.405
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

TSA Group Bhd's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was RM0.02. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was RM0.04. It's PE Ratio (TTM) ratio for today is 21.95.

TSA Group Bhd's EPS without NRI for the three months ended in Jun. 2026 was RM0.02. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was RM0.04. It's PE Ratio without NRI ratio for today is 20.93.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


TSA Group Bhd Owner Earnings per Share (TTM) Related Terms


TSA Group Bhd Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for TSA Group Bhd's Owner Earnings per Share (TTM) 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.

TSA Group Bhd Owner Earnings per Share (TTM) Chart

TSA Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

TSA Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Aug23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Owner Earnings per Share (TTM) 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 0.00 0.00 0.00 0.00 0.00

XKLS:0297 vs NUE, STLD, RS: Owner Earnings per Share (TTM) Comparison

For the Steel subindustry, TSA Group Bhd's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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 Price-to-Owner-Earnings vs Steel Industry

For the Steel industry and Basic Materials sector, TSA Group Bhd's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where TSA Group Bhd's Price-to-Owner-Earnings falls into.


XKLS:0297
33GF Score
TSA Group Bhd XKLS:0297
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSA Group Bhd Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

TSA Group Bhd does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.

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 RM0.90 is trading 28.6% above its estimated GF Value™ of RM0.70. GuruFocus considers TSA Group Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:0297:

  • Owner Earnings per Share (TTM):
  • GF Value™: RM0.70 vs. price of RM0.90 (28.6% above fair value)
  • GF Score™: 33/100 with 10 warning signs

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 Business Description

Address Lot 3998, Jalan 6/2A, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300
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.
33GF Score

Get the complete analysis for XKLS:0297

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.90
Price
RM0.70
GF Value