TSA Group BhdXKLS:0297 +0.57%35 ROE % is 4.71% as of Mar. 2026, which is 58% below its 10-year median of 11.12. GuruFocus rates XKLS:0297 with a GF Score™ of 35/100. The stock has 10 warning signs investors should review. Among 620 Steel companies, TSA Group Bhd ranks better than 68.39% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity 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 Stockholders Equity over the quarter that ended in Mar. 2026 was RM184.5 Mil. Therefore, TSA Group Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 4.71%.
The historical rank and industry rank for TSA Group Bhd's ROE % or its related term are showing as below:
XKLS:0297'
s ROE % Range Over the Past 10 Years
Min: 4.2 Med: 11.12 Max: 32.1
Current: 7.54
During the past 6 years, TSA Group Bhd's highest ROE % was 32.10%. The lowest was 4.20%. And the median was 11.12%.
XKLS:0297's ROE % is ranked better than 68.39% of 620
companies
in the Steel industry
Industry Median: 3.68
vs XKLS:0297: 7.54
TSA Group Bhd (XKLS:0297) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
TSA Group Bhd ROE % Related Terms
TSA Group Bhd ROE % Historical Data
* Premium members only.
The historical data trend for TSA Group Bhd's ROE % 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 Steel subindustry, TSA Group Bhd's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, TSA Group Bhd's ROE % distribution charts can be found below:
* The bar in red indicates where TSA Group Bhd's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
TSA Group Bhd (XKLS:0297) has a ROE % of 4.71% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on TSA Group Bhd and its competitors. This is 58% below median its historical median of 11.12. Over the past decade, TSA Group Bhd's ROE % has ranged from 4.20 to 32.10. According to the industry distribution chart, TSA Group Bhd ranks #196 out of 620 companies in the Steel industry, placing it in the top 31.6%.
Is TSA Group Bhd's ROE % too high?
TSA Group Bhd's current ROE % of 4.71% is 58% below median its 10-year median of 11.12. Over the past 10 years, this metric has ranged from a low of 4.20 to a high of 32.10. The Steel industry median ROE % is 3.68. TSA Group Bhd's value of 4.71% is 28% above this industry median. Based on the distribution chart, TSA Group Bhd ranks #196 out of 620 companies in the Steel industry, which is above the industry midpoint. 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 ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, TSA Group Bhd ranks #196 out of 620 companies for ROE %. This puts TSA Group Bhd in the upper half of its industry. The industry median ROE % is 3.68. TSA Group Bhd's value of 4.71% is 28% above this benchmark. Historically, TSA Group Bhd's own ROE % has ranged from 4.20 to 32.10 over the past decade. While the company's 10-year median is 11.12 vs. the industry median of 3.68, 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 ROE % for a Steel company?
The median ROE % among Steel companies is 3.68, based on 620 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TSA Group Bhd's current ROE % of 4.71% is 28% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on TSA Group Bhd and its competitors. For the Steel industry, the median ROE % is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSA Group Bhd's current ROE % is 4.71%, which is 58% below median its own 10-year median of 11.12. 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 ROE % of 4.71%. The current ROE % is 4.71%, which is 58% below median its 10-year median of 11.12 and 28% above the Steel industry median of 3.68. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For TSA Group Bhd (XKLS:0297), the current ROE % is 4.71% 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 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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