TCM Group ASOCSE:TCM 88 ROA % is 4.30% as of Mar. 2026, which is 36% below its 10-year median of 6.76. GuruFocus rates OCSE:TCM with a GF Score™ of 88/100 and a GF Value™ of kr73.39 (Fairly Valued). The stock has 5 warning signs investors should review. Among 436 Furnishings, Fixtures & Appliances companies, TCM Group AS ranks better than 75.92% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. TCM Group AS's annualizedNet Income for the quarter that ended in Mar. 2026 was kr60 Mil.
TCM Group AS's average Total Assets over the quarter that ended in Mar. 2026 was kr1,394 Mil. Therefore, TCM Group AS's annualized ROA % for the quarter that ended in Mar. 2026 was 4.30%.
The historical rank and industry rank for TCM Group AS's ROA % or its related term are showing as below:
OCSE:TCM'
s ROA % Range Over the Past 10 Years
Min: 1.98 Med: 6.76 Max: 12.69
Current: 6.1
During the past 12 years, TCM Group AS's highest ROA % was 12.69%. The lowest was 1.98%. And the median was 6.76%.
OCSE:TCM's ROA % is ranked better than 75.92% of 436
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.225
vs OCSE:TCM: 6.10
TCM Group AS (OCSE:TCM) 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 banks 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:
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.
TCM Group AS ROA % Related Terms
TCM Group AS ROA % Historical Data
* Premium members only.
The historical data trend for TCM Group AS'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.
For the Furnishings, Fixtures & Appliances subindustry, TCM Group AS'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.
TCM Group AS ROA % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TCM Group AS's ROA % distribution charts can be found below:
* The bar in red indicates where TCM Group AS's ROA % 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.
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.
TCM Group AS (OCSE:TCM) has a ROA % of 4.30% 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 TCM Group AS and its competitors. This is 36% below median its historical median of 6.76. Over the past decade, TCM Group AS's ROA % has ranged from 1.98 to 12.69. According to the industry distribution chart, TCM Group AS ranks #105 out of 436 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 24.1%.
Is TCM Group AS's ROA % too high?
TCM Group AS's current ROA % of 4.30% is 36% below median its 10-year median of 6.76. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 12.69. The Furnishings, Fixtures & Appliances industry median ROA % is 2.23. TCM Group AS's value of 4.30% is 93.3% above this industry median. Based on the distribution chart, TCM Group AS ranks #105 out of 436 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, TCM Group AS has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCM Group AS's ROA % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, TCM Group AS ranks #105 out of 436 companies for ROA %. This places TCM Group AS in the top 24% of its industry — outperforming the majority of peers. The industry median ROA % is 2.23. TCM Group AS's value of 4.30% is 93.3% above this benchmark. Historically, TCM Group AS's own ROA % has ranged from 1.98 to 12.69 over the past decade. While the company's 10-year median is 6.76 vs. the industry median of 2.23, TCM Group AS 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 ROA % for a Furnishings, Fixtures & Appliances company?
The median ROA % among Furnishings, Fixtures & Appliances companies is 2.23, based on 436 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. TCM Group AS's current ROA % of 4.30% is 93.3% 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 TCM Group AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROA % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCM Group AS's current ROA % is 4.30%, which is 36% below median its own 10-year median of 6.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM Group AS stock overvalued right now?
Based on GuruFocus' analysis, TCM Group AS (OCSE:TCM) is currently considered Fairly Valued. The stock's GF Value™ is kr73.39, compared to a current price of kr69.40 — trading 5.4% below its estimated fair value. The current ROA % is 4.30%, which is 36% below median its 10-year median of 6.76 and 93.3% above the Furnishings, Fixtures & Appliances industry median of 2.23. TCM Group AS's overall GF Score™ is 88/100 with 5 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 TCM Group AS (OCSE:TCM), the current ROA % is 4.30% 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 TCM Group AS (OCSE:TCM) Overvalued in 2026?
Based on GuruFocus' analysis, TCM Group AS stock appears to be undervalued.
The current stock price of kr69.40 is trading 5.4% below its estimated GF Value™ of kr73.39.
GuruFocus considers TCM Group AS to be Fairly Valued.
Key valuation signals for OCSE:TCM:
ROA %: 4.30% (36% below median its 10-year median of 6.76)
GF Value™: kr73.39 vs. price of kr69.40 (5.4% below fair value)
Industry Position: 93.3% above the Furnishings, Fixtures & Appliances median (#105 of 436)
No single metric tells the full story. See the OCSE:TCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private-label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.
88GF Score
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