CSP Steel Center PCL (BKK:CSP) ROA %: 3.61% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:CSP CSP Steel Center PCL BKK:CSP
18 GF Score
Price ฿0.41
GF Value ฿0.55
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is CSP Steel Center PCL ROA %?

CSP Steel Center PCL BKK:CSP +2.50% 18 ROA % is 3.61% as of Mar. 2026. GuruFocus rates BKK:CSP with a GF Score™ of 18/100 and a GF Value™ of ฿0.55 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 634 Steel companies, CSP Steel Center PCL ranks worse than 75.24% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CSP Steel Center PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿63 Mil. CSP Steel Center PCL's average Total Assets over the quarter that ended in Mar. 2026 was ฿1,758 Mil. Therefore, CSP Steel Center PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 3.61%.

The historical rank and industry rank for CSP Steel Center PCL's ROA % or its related term are showing as below:

BKK:CSP' s ROA % Range Over the Past 10 Years
Min: -5.71   Med: -2.68   Max: 20.71
Current: -1.2

During the past 13 years, CSP Steel Center PCL's highest ROA % was 20.71%. The lowest was -5.71%. And the median was -2.68%.

BKK:CSP's ROA % is ranked worse than
75.24% of 634 companies
in the Steel industry
Industry Median: 1.965 vs BKK:CSP: -1.20

CSP Steel Center PCL  (BKK:CSP) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=63.472/1758.2685
=(Net Income / Revenue)*(Revenue / Total Assets)
=(63.472 / 2475)*(2475 / 1758.2685)
=Net Margin %*Asset Turnover
=2.56 %*1.4076
=3.61 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


CSP Steel Center PCL ROA % Related Terms


CSP Steel Center PCL ROA % Historical Data

* Premium members only.

The historical data trend for CSP Steel Center PCL's ROA % 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.

CSP Steel Center PCL ROA % Chart

CSP Steel Center PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.71 -4.43 -4.46 -5.58 -2.24

CSP Steel Center PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 -0.52 -3.84 0.46 -4.96 3.61

BKK:CSP vs NUE, STLD, RS: ROA % Comparison

For the Steel subindustry, CSP Steel Center PCL's ROA %, along with its competitors' market caps and ROA % 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.


CSP Steel Center PCL ROA % vs Steel Industry

For the Steel industry and Basic Materials sector, CSP Steel Center PCL's ROA % distribution charts can be found below:

* The bar in red indicates where CSP Steel Center PCL's ROA % falls into.


BKK:CSP
18GF Score
CSP Steel Center PCL BKK:CSP
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CSP Steel Center PCL ROA % Calculation

CSP Steel Center PCL's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-39.703/( (1818.609+1726.927)/ 2 )
=-39.703/1772.768
=-2.24 %

CSP Steel Center PCL's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=63.472/( (1726.927+1789.61)/ 2 )
=63.472/1758.2685
=3.61 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 3.61% mean?
CSP Steel Center PCL (BKK:CSP) has a ROA % of 3.61% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on CSP Steel Center PCL and its competitors. According to the industry distribution chart, CSP Steel Center PCL ranks #477 out of 634 companies in the Steel industry, placing it in the top 75.2%.
Is CSP Steel Center PCL's ROA % too high?
CSP Steel Center PCL's current ROA % is 3.61%. The Steel industry median ROA % is 1.97. CSP Steel Center PCL's value of 3.61% is 83.7% above this industry median. Based on the distribution chart, CSP Steel Center PCL ranks #477 out of 634 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, CSP Steel Center PCL has a GF Score™ of 18/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CSP Steel Center PCL's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, CSP Steel Center PCL ranks #477 out of 634 companies for ROA %. This places CSP Steel Center PCL in the lower half of its industry. The industry median ROA % is 1.97. CSP Steel Center PCL's value of 3.61% is 83.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Steel company?
The median ROA % among Steel companies is 1.97, based on 634 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CSP Steel Center PCL's current ROA % of 3.61% is 83.7% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on CSP Steel Center PCL and its competitors. For the Steel industry, the median ROA % is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSP Steel Center PCL's current ROA % is 3.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSP Steel Center PCL stock overvalued right now?
Based on GuruFocus' analysis, CSP Steel Center PCL (BKK:CSP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.55, compared to a current price of ฿0.41 — trading 25.5% below its estimated fair value. The current ROA % is 3.61% and 83.7% above the Steel industry median of 1.97. CSP Steel Center PCL's overall GF Score™ is 18/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For CSP Steel Center PCL (BKK:CSP), the current ROA % is 3.61% 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.

Is CSP Steel Center PCL (BKK:CSP) Overvalued in 2026?

Based on GuruFocus' analysis, CSP Steel Center PCL stock appears to be undervalued. The current stock price of ฿0.41 is trading 25.5% below its estimated GF Value™ of ฿0.55. GuruFocus considers CSP Steel Center PCL to be Modestly Undervalued.

Key valuation signals for BKK:CSP:

  • ROA %: 3.61%
  • GF Value™: ฿0.55 vs. price of ฿0.41 (25.5% below fair value)
  • GF Score™: 18/100 with 6 warning signs
  • Industry Position: 83.7% above the Steel median (#477 of 634)

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


CSP Steel Center PCL Business Description

Address 475 Rama 3 Road, Bangklo, Bangkolaem, Bangkok, THA, 10120
CSP Steel Center PCL is a Thailand-based firm engaged in the manufacture and sale of sheet steel finished goods and rolled steel pipe. The company's product portfolio includes Cutting cold rolled sheet, Hot rolled steel, Coated sheets in both plate and coil types, Cold rolled steel pipe, and hot rolled steel pipe, among others. Geographically, the company operates in Thailand. The company has a single reportable segment which is the business of distribution of steel products.
18GF Score

Get the complete analysis for BKK:CSP

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

฿0.41
Price
฿0.55
GF Value