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TFP Solutions Berhad, an investment holding company, (0145) Fair Value & Analysis

Technology · MY · Market cap 58.9M MYR

TS TFP Solutions Berhad, an investment holding company, 0145 · KLSE
Price0.0750 MYR
Fair Value0.0200 MYR
Upside-73.3%
Quality52/100
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Weak Growth
Loss-making · -62.1% net margin
negative free cash flow
Trails peers (2/9)
Narrow moat 27/100
Evidence: Low Range 0.0100 MYR – 0.0200 MYR Share as image

Fair value as of: Jun 24, 2026

From 1 valuation models · updated 47 days ago

Share price −6.3% over the past month.

A solid business, but screening 73% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.0200 MYR). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (0.0100 MYR to 0.0200 MYR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

0.2500 MYR 0.0150 MYR Fair Value 0.0200 MYR Jul 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jun 24, 2026.

How to read this chart

60‑month range 0.0150 MYR – 0.2500 MYR · fair‑value band 0.0100 MYR – 0.0200 MYR · the 0.0750 MYR price screens above the 0.0200 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jun 24, 2026.

Full chart & analysis →

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Analysis

TFP Solutions Berhad, an investment holding company, (0145) currently trades at 0.0750 MYR, while our model-based Fair Value estimate is 0.0200 MYR, implying the stock looks roughly 73.3% overvalued today. The Quality Score stands at 52/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, TFP Solutions Berhad, an investment holding company, generated revenue of 3.3M MYR at a net margin of -62.1%. Revenue grew 51.1% year over year. It earns a return on equity of -42.1%. Fundamentals as of Jun 24, 2026

Our scenario range runs from 0.0100 MYR (bear case) to 0.0200 MYR (bull case); at 0.0750 MYR, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 17% below its 52-week high and 400% above its 52-week low. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at -73%, 0145 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
NCAV (Graham) 0.0100 MYR 50
All 1 models by family
Asset-Based
NCAV (Graham) 0.0100 MYR 50

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Key figures & financial health

Revenue (TTM) 3.3M MYR
Revenue growth (YoY) +51.1%
Net margin -62.1%
Return on equity -42.1%
Free cash flow −1.2M MYR FY2024
Operating margin 30.8%

Figures from reported company fundamentals · as of Jun 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 48 · Market factors (momentum, volatility) 79

Profitability 10
Margins and returns on capital today
Quality Growth 91
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 77
Distance to the 52-week high (market factor)
Net Issuance 61
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

TFP Solutions Berhad, an investment holding company, provides information and communications technology services for business enterprises in Malaysia. It operates through three segments: Business Management Solutions; Fintech; and Others.

Full company description

TFP Solutions Berhad, an investment holding company, provides information and communications technology services for business enterprises in Malaysia. It operates through three segments: Business Management Solutions; Fintech; and Others. The company offers software solutions to businesses in the private and public sectors; and management and enterprise systems solutions, as well as engages in the sale of mobile prepaid starter packs. It also provides network security solutions, information technology (IT) products and consultancy services, and hardware and software maintenance services, as well as services ancillary to mobile telecommunication and financial technology products, and content aggregation. In addition, it offers manpower supply services; e-commerce products and services; food, transportation, and hostel management and recruitment services; money lending services; offers enterprise resource planning, and university/campus management system solutions; operates mobile fintech platform and cashless eco system to make payment, settlement of bills, and mobile airtime reload; and implements SAP products. Further, it engages in trading and distribution of metals, precious metals, jewellery; web portals services; and brokerage, commission, and other financial service, as well as provides e-money, e-wallet, and e-payment functions. TFP Solutions Berhad was incorporated in 2007 and is based in Kuala Lumpur, Malaysia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

TFP Solutions Berhad, an investment holding company, reported revenue of 3.8M MYR in FY2024 versus 19.3M MYR in FY2020, a compound −33.5%/yr. Reported net income was −2.8M MYR in FY2024.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
3.8M MYR
Latest YoY
+21.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−23.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−46.7%
Avg. growth/yr (9Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−28.4%
Revenue −33.5%/yr
FY20 19.3M MYR
FY21 8.6M MYR
FY22 3.9M MYR
FY23 3.1M MYR
FY24 3.8M MYR
Net income
FY20 −3.6M MYR
FY21 −10.0M MYR
FY22 −4.4M MYR
FY23 −4.4M MYR
FY24 −2.8M MYR

0145 screens 73% overvalued. Compare with International Business Machines Corporation →

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Cite: Fair Value Calculator (2026). "TFP Solutions Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/0145

Peer Group

Information Technology Services · 475 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 48 · Below median
Fair Value upside −73% · Bottom 25%
Return on assets -11% · Bottom 25%
Net margin (TTM) -62% · Bottom 25%
Operating margin (TTM) 31% · Top 25%
Revenue growth 51% · Top 25%

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/B 2.62× · Pricier than median
P/S (TTM) 4.31× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 21
FUTURE 100 · sector 31
PAST 0 · sector 37
HEALTH 0 · sector 97
DIVIDEND 0 · sector 37

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is TFP Solutions Berhad, an investment holding company, (0145) overvalued or undervalued?
As of Jun 24, 2026, our model estimates a fair value of 0.0200 MYR versus a price of 0.0750 MYR, about −73% (overvalued).
What is the fair value of 0145?
Our model-based fair value for TFP Solutions Berhad, an investment holding company, is 0.0200 MYR (as of Jun 24, 2026), built from audited fundamentals. The current price is 0.0750 MYR.
What is the quality score of 0145?
TFP Solutions Berhad, an investment holding company, has a Quality Score of 52/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of TFP Solutions Berhad, an investment holding company, (0145)?
TFP Solutions Berhad, an investment holding company, reported trailing-twelve-month revenue of about 3.3M MYR (latest available figure, as of Jun 24, 2026).
What is the net profit margin of 0145?
The net profit margin of TFP Solutions Berhad, an investment holding company, is about -62.1%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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