Top Glove BhdTGLVY 73 ROA % is 5.00% as of May. 2026, which is 41% below its 10-year median of 8.49. GuruFocus rates TGLVY with a GF Score™ of 73/100 and a GF Value™ of $1.19 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 857 Medical Devices & Instruments companies, Top Glove Bhd ranks better than 61.61% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Top Glove Bhd's annualizedNet Income for the quarter that ended in May. 2026 was $82.0 Mil.
Top Glove Bhd's average Total Assets over the quarter that ended in May. 2026 was $1,640.7 Mil. Therefore, Top Glove Bhd's annualized ROA % for the quarter that ended in May. 2026 was 5.00%.
The historical rank and industry rank for Top Glove Bhd's ROA % or its related term are showing as below:
TGLVY'
s ROA % Range Over the Past 10 Years
Min: -11.58 Med: 8.49 Max: 83.96
Current: 2.96
During the past 13 years, Top Glove Bhd's highest ROA % was 83.96%. The lowest was -11.58%. And the median was 8.49%.
TGLVY's ROA % is ranked better than 61.61% of 857
companies
in the Medical Devices & Instruments industry
Industry Median: 0.56
vs TGLVY: 2.96
Top Glove Bhd (OTCPK:TGLVY) 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 (May. 2026) net income data. The Revenue data used here is four times the quarterly (May. 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.
Top Glove Bhd ROA % Related Terms
Top Glove Bhd ROA % Historical Data
* Premium members only.
The historical data trend for Top Glove Bhd'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 Medical Instruments & Supplies subindustry, Top Glove Bhd'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.
Top Glove Bhd ROA % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's ROA % distribution charts can be found below:
* The bar in red indicates where Top Glove Bhd'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 (May. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Top Glove Bhd (TGLVY) has a ROA % of 5.00% as of May. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Top Glove Bhd and its competitors. This is 41% below median its historical median of 8.49. According to the industry distribution chart, Top Glove Bhd ranks #329 out of 857 companies in the Medical Devices & Instruments industry, placing it in the top 38.4%.
Is Top Glove Bhd's ROA % too high?
Top Glove Bhd's current ROA % of 5.00% is 41% below median its 10-year median of 8.49. The Medical Devices & Instruments industry median ROA % is 0.56. Top Glove Bhd's value of 5.00% is 792.9% above this industry median. Based on the distribution chart, Top Glove Bhd ranks #329 out of 857 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Top Glove Bhd has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Top Glove Bhd's ROA % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Top Glove Bhd ranks #329 out of 857 companies for ROA %. This puts Top Glove Bhd in the upper half of its industry. The industry median ROA % is 0.56. Top Glove Bhd's value of 5.00% is 792.9% above this benchmark. While the company's 10-year median is 8.49 vs. the industry median of 0.56, Top Glove 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 ROA % for a Medical Devices & Instruments company?
The median ROA % among Medical Devices & Instruments companies is 0.56, based on 857 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. Top Glove Bhd's current ROA % of 5.00% is 792.9% 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 Top Glove Bhd and its competitors. For the Medical Devices & Instruments industry, the median ROA % is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Glove Bhd's current ROA % is 5.00%, which is 41% below median its own 10-year median of 8.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Glove Bhd stock overvalued right now?
Based on GuruFocus' analysis, Top Glove Bhd (TGLVY) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.19, compared to a current price of $0.70 — trading 40.9% below its estimated fair value. The current ROA % is 5.00%, which is 41% below median its 10-year median of 8.49 and 792.9% above the Medical Devices & Instruments industry median of 0.56. Top Glove Bhd's overall GF Score™ is 73/100 with 3 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 Top Glove Bhd (TGLVY), the current ROA % is 5.00% as of May. 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 Top Glove Bhd (TGLVY) Overvalued in 2026?
Based on GuruFocus' analysis, Top Glove Bhd stock appears to be undervalued.
The current stock price of $0.70 is trading 40.9% below its estimated GF Value™ of $1.19.
GuruFocus considers Top Glove Bhd to be Significantly Undervalued.
Key valuation signals for TGLVY:
ROA %: 5.00% (41% below median its 10-year median of 8.49)
GF Value™: $1.19 vs. price of $0.70 (40.9% below fair value)
Industry Position: 792.9% above the Medical Devices & Instruments median (#329 of 857)
No single metric tells the full story. See the TGLVY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top Glove Corp Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing and sales of gloves through several product lines to diverse customers in various countries. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. It serves various sectors including healthcare, industrial, and Food and Beverage sectors. The company has four reportable operating segments based on its geographical areas: Malaysia, Thailand, People's Republic of China and Others. The majority of revenue is generated from Malaysia.
73GF Score
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