ASTEEL Group Bhd (XKLS:7020) ROA %: 0.44% (As of Mar. 2026)


What is ASTEEL Group Bhd ROA %?

ASTEEL Group Bhd XKLS:7020 ROA % is 0.44% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 637 Steel companies, ASTEEL Group Bhd ranks worse than 66.41% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. ASTEEL Group Bhd's annualized Net Income for the quarter that ended in Mar. 2026 was RM1.1 Mil. ASTEEL Group Bhd's average Total Assets over the quarter that ended in Mar. 2026 was RM250.5 Mil. Therefore, ASTEEL Group Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 0.44%.

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

XKLS:7020' s ROA % Range Over the Past 10 Years
Min: -33.11   Med: -2.63   Max: 3.21
Current: 0.14

During the past 13 years, ASTEEL Group Bhd's highest ROA % was 3.21%. The lowest was -33.11%. And the median was -2.63%.

XKLS:7020's ROA % is ranked worse than
66.41% of 637 companies
in the Steel industry
Industry Median: 1.92 vs XKLS:7020: 0.14

ASTEEL Group Bhd  (XKLS:7020) 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
=1.1/250.4715
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.1 / 256.604)*(256.604 / 250.4715)
=Net Margin %*Asset Turnover
=0.43 %*1.0245
=0.44 %

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.


ASTEEL Group Bhd ROA % Related Terms


ASTEEL Group Bhd ROA % Historical Data

* Premium members only.

The historical data trend for ASTEEL 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.

ASTEEL Group Bhd ROA % Chart

ASTEEL Group Bhd 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 3.21 -2.62 -2.63 -0.89 0.01

ASTEEL Group Bhd 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 -0.09 0.44 0.24 -0.57 0.44

XKLS:7020 vs NUE, STLD, RS: ROA % Comparison

For the Steel subindustry, ASTEEL 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.


ASTEEL Group Bhd ROA % vs Steel Industry

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

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



ASTEEL Group Bhd ROA % Calculation

ASTEEL 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 )
=0.02/( (243.112+248.182)/ 2 )
=0.02/245.647
=0.01 %

ASTEEL 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 )
=1.1/( (248.182+252.761)/ 2 )
=1.1/250.4715
=0.44 %

* 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 0.44% mean?
ASTEEL Group Bhd (XKLS:7020) has a ROA % of 0.44% 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 ASTEEL Group Bhd and its competitors. According to the industry distribution chart, ASTEEL Group Bhd ranks #423 out of 637 companies in the Steel industry, placing it in the top 66.4%.
Is ASTEEL Group Bhd's ROA % too high?
ASTEEL Group Bhd's current ROA % is 0.44%. The Steel industry median ROA % is 1.92. ASTEEL Group Bhd's value of 0.44% is 77.1% below this industry median. Based on the distribution chart, ASTEEL Group Bhd ranks #423 out of 637 companies in the Steel industry, which is below the industry midpoint.
How does ASTEEL Group Bhd's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, ASTEEL Group Bhd ranks #423 out of 637 companies for ROA %. This places ASTEEL Group Bhd in the lower half of its industry. The industry median ROA % is 1.92. ASTEEL Group Bhd's value of 0.44% is 77.1% below 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 1.92, based on 637 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. ASTEEL Group Bhd's current ROA % of 0.44% is 77.1% below 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 ASTEEL Group Bhd and its competitors. For the Steel industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASTEEL Group Bhd's current ROA % is 0.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASTEEL Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, ASTEEL Group Bhd (XKLS:7020) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.09, compared to a current price of RM0.06 — trading 33.3% below its estimated fair value. The current ROA % is 0.44% and 77.1% below the Steel industry median of 1.92. 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 ASTEEL Group Bhd (XKLS:7020), the current ROA % is 0.44% 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.

ASTEEL Group Bhd Business Description

Address No. 2 Jalan Setia Prima S U13/S, No. 52-4 and 53-4 Setia Avenue, Seksyen U13, Setia Alam, Shah Alam, SGR, MYS, 40170
ASTEEL Group Bhd specializes in steel roofing and structure design and building, and focuses on the downstream industry for other building and construction materials. It is involved in the manufacturing of coated steel products and processing of metal roofing, wall cladding & fencing, metal floor decking, light gauge structural components, purlins, and framing systems under the brands ASTEEL and ASTAR. The firm operates in two segments: ARSB and STARSHINE. The ARSB segment that generates the majority of its revenue, engages in manufacturing and selling coated steel products and downstream roofing products, trading of hardware and building materials in Sabah and Sarawak, East Malaysia.