TSA Group Bhd (XKLS:0297) ROCE %: 8.86% (As of Mar. 2026)


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 ROCE %?

TSA Group Bhd XKLS:0297 +0.57% 35 ROCE % is 8.86% as of Mar. 2026. GuruFocus rates XKLS:0297 with a GF Score™ of 35/100. The stock has 10 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. TSA Group Bhd's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.86%.

TSA Group Bhd  (XKLS:0297) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

TSA Group Bhd ROCE % Related Terms

TSA Group Bhd ROCE % Historical Data

* Premium members only.

The historical data trend for TSA Group Bhd's ROCE % 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 ROCE % Chart

TSA Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 43.29 36.30 18.36 16.30 13.67

TSA Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Aug23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.40 17.81 12.58 10.71 8.86
XKLS:0297
35GF Score
TSA Group Bhd XKLS:0297
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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TSA Group Bhd ROCE % Calculation

TSA Group Bhd's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=27.131/( ( (279.857 - 83.714) + (260.053 - 59.327) )/ 2 )
=27.131/( (196.143+200.726)/ 2 )
=27.131/198.4345
=13.67 %

TSA Group Bhd's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=17.708/( ( (260.053 - 59.327) + (262.341 - 63.357) )/ 2 )
=17.708/( ( 200.726 + 198.984 )/ 2 )
=17.708/199.855
=8.86 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 8.86% mean?
TSA Group Bhd (XKLS:0297) has a ROCE % of 8.86% as of Mar. 2026.
Is TSA Group Bhd's ROCE % too high?
TSA Group Bhd's current ROCE % is 8.86%. The Steel industry median ROCE % is 5.50. TSA Group Bhd's value of 8.86% is 61.1% above this industry median. 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 ROCE % compare to NUE and STLD?
TSA Group Bhd's ROCE % of 8.86% can be compared against companies in the Steel industry. The industry median ROCE % is 5.50. TSA Group Bhd's value of 8.86% is 61.1% 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 ROCE % for a Steel company?
The median ROCE % among Steel companies is 5.50, based on 621 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TSA Group Bhd's current ROCE % of 8.86% is 61.1% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median ROCE % is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSA Group Bhd's current ROCE % is 8.86%. 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 ROCE % of 8.86%. The current ROCE % is 8.86% and 61.1% above the Steel industry median of 5.50. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For TSA Group Bhd (XKLS:0297), the current ROCE % is 8.86% 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

Get the complete analysis for XKLS:0297

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

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