TSA Group Bhd (XKLS:0297) ROA %: 3.33% (As of Mar. 2026) — 52% Below Median


XKLS:0297 TSA Group Bhd XKLS:0297
35 GF Score
Price RM0.88
! 10 Warning Signs
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What is TSA Group Bhd ROA %?

TSA Group Bhd XKLS:0297 +0.57% 35 ROA % is 3.33% as of Mar. 2026, which is 52% below its 10-year median of 6.99. GuruFocus rates XKLS:0297 with a GF Score™ of 35/100. The stock has 10 warning signs investors should review. Among 635 Steel companies, TSA Group Bhd ranks better than 75.75% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. TSA Group Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM8.7 Mil. TSA Group Bhd's average Total Assets over the quarter that ended in Mar. 2026 was RM261.2 Mil. Therefore, TSA Group Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 3.33%.

The historical rank and industry rank for TSA Group Bhd's ROA % or its related term are showing as below:

XKLS:0297' s ROA % Range Over the Past 10 Years
Min: 2.4   Med: 6.99   Max: 16.58
Current: 5.21

During the past 6 years, TSA Group Bhd's highest ROA % was 16.58%. The lowest was 2.40%. And the median was 6.99%.

XKLS:0297's ROA % is ranked better than
75.75% of 635 companies
in the Steel industry
Industry Median: 1.88 vs XKLS:0297: 5.21

TSA Group Bhd  (XKLS:0297) 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
=8.7/261.197
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.7 / 245.992)*(245.992 / 261.197)
=Net Margin %*Asset Turnover
=3.54 %*0.9418
=3.33 %

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.


TSA Group Bhd ROA % Related Terms


TSA Group Bhd ROA % Historical Data

* Premium members only.

The historical data trend for TSA Group 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.

TSA Group Bhd ROA % Chart

TSA Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial 16.58 15.99 7.03 6.95 5.95

TSA Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Aug23 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 6.43 8.90 4.16 4.31 3.33

XKLS:0297 vs NUE, STLD, RS: ROA % Comparison

For the Steel subindustry, TSA Group 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.


TSA Group Bhd ROA % vs Steel Industry

For the Steel industry and Basic Materials sector, TSA Group Bhd's ROA % distribution charts can be found below:

* The bar in red indicates where TSA Group Bhd's ROA % falls into.


XKLS:0297
35GF Score
TSA Group Bhd XKLS:0297
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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TSA Group Bhd ROA % Calculation

TSA Group Bhd'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 )
=16.062/( (279.857+260.053)/ 2 )
=16.062/269.955
=5.95 %

TSA Group Bhd'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 )
=8.7/( (260.053+262.341)/ 2 )
=8.7/261.197
=3.33 %

* 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 3.33% mean?
TSA Group Bhd (XKLS:0297) has a ROA % of 3.33% 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 TSA Group Bhd and its competitors. This is 52% below median its historical median of 6.99. Over the past decade, TSA Group Bhd's ROA % has ranged from 2.40 to 16.58. According to the industry distribution chart, TSA Group Bhd ranks #154 out of 635 companies in the Steel industry, placing it in the top 24.3%.
Is TSA Group Bhd's ROA % too high?
TSA Group Bhd's current ROA % of 3.33% is 52% below median its 10-year median of 6.99. Over the past 10 years, this metric has ranged from a low of 2.40 to a high of 16.58. The Steel industry median ROA % is 1.88. TSA Group Bhd's value of 3.33% is 77.1% above this industry median. Based on the distribution chart, TSA Group Bhd ranks #154 out of 635 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. 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 ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, TSA Group Bhd ranks #154 out of 635 companies for ROA %. This places TSA Group Bhd in the top 24% of its industry — outperforming the majority of peers. The industry median ROA % is 1.88. TSA Group Bhd's value of 3.33% is 77.1% above this benchmark. Historically, TSA Group Bhd's own ROA % has ranged from 2.40 to 16.58 over the past decade. While the company's 10-year median is 6.99 vs. the industry median of 1.88, 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 ROA % for a Steel company?
The median ROA % among Steel companies is 1.88, based on 635 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. TSA Group Bhd's current ROA % of 3.33% is 77.1% 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 TSA Group Bhd and its competitors. For the Steel industry, the median ROA % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSA Group Bhd's current ROA % is 3.33%, which is 52% below median its own 10-year median of 6.99. 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 ROA % of 3.33%. The current ROA % is 3.33%, which is 52% below median its 10-year median of 6.99 and 77.1% above the Steel industry median of 1.88. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For TSA Group Bhd (XKLS:0297), the current ROA % is 3.33% 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 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.
35GF Score

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

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