EN DE

Manulife Holdings (1058) Fair Value & Analysis

Financial Services · MY · Market cap 519M MYR

MH Manulife Holdings 1058 · KLSE
Price2.35 MYR
Fair Value4.48 MYR
Upside+90.6%
Quality47/100
Watch Manulife Holdings for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Solidly profitable · 17.7% net margin
generates free cash flow
3.98% dividend yield
Ranks above peers (8/12)
Moderate moat 53/100
Evidence: High Range 3.36 MYR – 5.60 MYR Share as image

Fair value as of: Jul 12, 2026

From 6 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from 4.72 MYR to 4.48 MYR (−5.1%) since Jun 26, 2026. Share price +4.9% over the past month.

Below-average quality, screening 91% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (3.36 MYR). The market is more pessimistic than our downside scenario.
  • Solid quality (47/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

2.43 MYR 1.31 MYR Fair Value 4.48 MYR Nov 2019 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 1.31 MYR – 2.43 MYR · fair‑value band 3.36 MYR – 5.60 MYR · the 2.35 MYR price screens below the 4.48 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Manulife Holdings (1058) currently trades at 2.35 MYR, while our model-based Fair Value estimate is 4.48 MYR, implying the stock looks roughly 90.6% undervalued today. The Quality Score stands at 47/100 (below-average quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Manulife Holdings generated revenue of 734M MYR at a net margin of 17.7%. Revenue grew 24.5% year over year. It earns a return on equity of 9.0%. The stock trades on a trailing P/E of 4.3. Fundamentals as of Jul 12, 2026

Our scenario range runs from 3.36 MYR (bear case) to 5.60 MYR (bull case); at 2.35 MYR, the current price sits below 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 2% below its 52-week high and 18% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 1% fair-value upside, at 91%, 1058 screens cheaper 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
Residual Income 4.98 MYR 5.17 MYR 5.40 MYR 76
Gordon GGM 0.1600 MYR 0.1800 MYR 0.1900 MYR 70
P/E Multiple 4.98 MYR 6.64 MYR 8.30 MYR 63
All 6 models by family
Dividend Discount
Gordon GGM 0.1600 MYR 0.1800 MYR 0.1900 MYR 70
DDM Multi-Stage 0.1600 MYR 0.1900 MYR 0.2300 MYR 61
Multiples
P/E Multiple 4.98 MYR 6.64 MYR 8.30 MYR 63
P/B Multiple 6.51 MYR 8.68 MYR 10.86 MYR 55
Asset-Based
NCAV (Graham) 3.21 MYR 4.30 MYR 6.42 MYR 50
Economic Profit
Residual Income 4.98 MYR 5.17 MYR 5.40 MYR 76

Widest divergence: Multiples (6.64 MYR) versus Dividend Discount (0.1800 MYR). Highest evidence: Residual Income (76).

Notify me when 1058 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 734M MYR
Revenue growth (YoY) +24.5%
Net margin 17.7%
Return on equity 9.0%
Free cash flow 113M MYR FY2025
P/E ratio 4.1
More key figures
Operating margin 14.9%
EPS (TTM) 0.5400 MYR
Dividend yield 4.0%
EPS growth (YoY) +158%

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 42 · Market factors (momentum, volatility) 65

Profitability 28
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 66
Earnings quality: real cash, not paper profit
Fin. Strength 13
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 49
Price trend over the last 3–12 months (market factor)
52W Momentum 77
Distance to the 52-week high (market factor)
Net Issuance 54
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

Manulife Holdings Berhad, an investment holding company, underwrites participating and non-participating life insurance and unit-linked products in Malaysia. The company operates through Investment Holding; Life Insurance; and Asset Management Services segments.

Full company description

Manulife Holdings Berhad, an investment holding company, underwrites participating and non-participating life insurance and unit-linked products in Malaysia. The company operates through Investment Holding; Life Insurance; and Asset Management Services segments. It offers various insurance products and services, such as life, health, savings and retirement, and investment linked plan; life insurance broking services; SME business solutions; and bancassurance products, private retirement schemes, and unit trust funds. The company also provides investment, and fund management services, as well as property rental and management services; and invests in money market funds, and corporate and sovereign bonds, as well as rents and manages property. The company was formerly known as Manulife Insurance (Malaysia) Berhad and changed its name to Manulife Holdings Berhad in October 2008. The company was founded in 1963 and is headquartered in Kuala Lumpur, Malaysia. Manulife Holdings Berhad is a subsidiary of Manulife Century Holdings (Netherlands) B.V.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Manulife Holdings reported revenue of 720M MYR in FY2025 versus 1.3B MYR in FY2021, a compound −13.9%/yr. Reported net income was 118M MYR in FY2025, compounding +8.0%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
720M MYR
Latest YoY
−0.2%
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.
−11.9%
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.
−10.6%
Avg. growth/yr (13Y) 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.
−0.5%
Revenue −13.9%/yr
FY21 1.3B MYR
FY22 1.1B MYR
FY23 456M MYR
FY24 721M MYR
FY25 720M MYR
Net income +8.0%/yr
FY21 87.0M MYR
FY22 18.9M MYR
FY23 77.9M MYR
FY24 131M MYR
FY25 118M MYR

Watch 1058: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Manulife Holdings Fair Value". https://www.fairvalue-calculator.com/stock/1058

Peer Group

Insurance - Life · 95 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 44 · Bottom 25%
Fair Value upside +91% · Top 25%
Return on equity (TTM) 9% · Below median
Return on assets 1% · Above median
Net margin (TTM) 18% · Top 25%
Operating margin (TTM) 15% · Below median
Revenue growth 25% · Above median
Dividend yield (TTM) 4.0% · Above median

Valuation Multiples vs Insurance - Life median · lower = cheaper

P/E (TTM) 4.1× · Cheaper than 75% of peers
P/B 0.09× · Cheaper than 75% of peers
P/S (TTM) 0.17× · Cheaper than 75% of peers
P/FCF 1.1× · Pricier than median

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 100 · sector 32
FUTURE 100 · sector 44
PAST 36 · sector 43
HEALTH 0 · sector 86
DIVIDEND 80 · sector 55

Insider activity: 45/100

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 Insurance - Life stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
China Life Insurance Company 601628 ¥38.72 ¥70.87 +83%
Ping An Insurance (Group) Company 601318 ¥49.60 ¥96.76 +95%
AIA Group 1299 HK$75.55 HK$7.88 -90%
Manulife Financial Corporation MFC C$58.52 C$45.13 -23%
Great-West Lifeco Inc GWO C$92.34 C$59.64 -35%
Life Insurance Corporation LICI ₹438.30 ₹590.43 +35%
Fubon Financial Holding 2881 124.50 TWD 115.05 TWD -8%
Cathay Financial Holding 2882 94.00 TWD 94.95 TWD +1%
Samsung Life Insurance Co 032830 337,500 KRW 166,710 KRW -51%
China Pacific Insurance (Group) Co 601601 ¥29.75 ¥59.50 +100%

Compare Manulife Holdings with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Manulife Holdings (1058) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 4.48 MYR versus a price of 2.35 MYR, about +91% (undervalued).
What is the fair value of 1058?
Our model-based fair value for Manulife Holdings is 4.48 MYR (as of Jul 12, 2026), built from audited fundamentals. The current price is 2.35 MYR.
What is the quality score of 1058?
Manulife Holdings has a Quality Score of 47/100. 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 Manulife Holdings (1058)?
Manulife Holdings reported trailing-twelve-month revenue of about 734M MYR (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 1058?
The net profit margin of Manulife Holdings is about 17.7%, meaning it keeps roughly 17.7% of revenue as net income. Based on the latest reported figures.
Does Manulife Holdings pay a dividend?
Manulife Holdings currently shows a dividend yield of about 3.90% relative to its recent price (as of Jul 12, 2026).

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.

14 days Pro free · no card

Track Manulife Holdings and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.