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Tanco Holdings (2429) Fair Value & Analysis

Real Estate · MY · Market cap 1.4B MYR

TH Tanco Holdings 2429 · KLSE
Price0.3150 MYR
Fair Value0.0340 MYR
Upside-89.2%
Quality20/100
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Evidence: Medium Range 0.0170 MYR – 0.0425 MYR

Fair value as of: Jul 14, 2026

From 14 valuation models · updated today

Share price +57.5% over the past month.

Price vs Fair Value (12 months)

1.76 MYR 0.1300 MYR Fair Value 0.0340 MYR Jul 2025 Jul 2026

12‑month range 0.1300 MYR – 1.76 MYR · fair‑value band 0.0170 MYR – 0.0425 MYR · the 0.3150 MYR price screens above the 0.0340 MYR fair value. As of Jul 14, 2026.

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Analysis

Tanco Holdings (2429) currently trades at 0.3150 MYR, while our model-based Fair Value estimate is 0.0340 MYR — implying the stock looks roughly 89.2% overvalued today. We read business quality at 20/100 (below-average quality), in the Real Estate 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: medium).

Over the trailing twelve months, Tanco Holdings generated revenue of 154M MYR at a net margin of 5.9%. Revenue declined 9.0% year over year. It earns a return on equity of 3.4%. Net debt stands at 7.2M MYR. Fundamentals as of Jul 14, 2026

Our scenario range runs from 0.0170 MYR (bear case) to 0.0425 MYR (bull case); at 0.3150 MYR, the current price sits above that range. For context, the median of 10 Real Estate peers we cover trades at 29% fair-value upside — at -89%, 2429 screens richer than that median.

Key figures & financial health

Revenue (TTM) 154M MYR
Revenue growth (YoY) -9.0%
Net margin 5.9%
Return on equity 3.4%
Free cash flow −44.9M MYR FY2025
Operating margin 5.2%
More key figures
EPS growth (YoY) -90.5%
Net debt 7.2M MYR FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 14, 2026. TTM = trailing twelve months.

About the company

Tanco Holdings Berhad, an investment holding company, engages in the property development business primarily in Malaysia. It operates through Property Development/Management; Resorts and Club Operation/Management; Construction and Installation; Investment Holding; and Business Consulting Services segments. The company invests, develops, constructs, and manages properties; operates and manages resorts, and golf and marina clubs; operates vacation ownership interval and point based schemes; and acts as a general agent. It also involved in contracting and building works; general trading; trading of construction materials; research and sale of pharmaceutical products; and money lending businesses. In addition, the company provides consultancy services; develops ports; services in relation to Malaysia My Second Home program; port operations, carrier haulage and transportation, and logistics; interior design, furnishing, and renovation works. Further, it engages in operation of …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tanco Holdings reported revenue of 128M MYR in FY2025 versus 4.4M MYR in FY2021, a compound +132.1%/yr. Reported net income was 7.9M MYR in FY2025.

Revenue +132.1%/yr
FY21 4.4M MYR
FY22 14.3M MYR
FY23 93.9M MYR
FY24 174M MYR
FY25 128M MYR
Net income
FY21 −13.7M MYR
FY22 −12.9M MYR
FY23 18.5M MYR
FY24 11.9M MYR
FY25 7.9M MYR

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Cite: Fair Value Calculator (2026). "Tanco Holdings Fair Value". https://www.fairvalue-calculator.com/stock/2429

Similar stocks

10 more Real Estate - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Mitsubishi Estate Co MITEY $23.69 $13.49 -43%
Mitsui Fudosan Co MTSFF $9.20 $13.56 +47%
Henderson Land Development Company HLDVF $3.70 $2.53 -32%
Swiss Prime Site AG SPSN CHF 131.60 CHF 44.83 -66%
Central Pattana Public Company CPNR 64.00 THB 84.32 THB +32%
SM Prime Holdings SPHXF $0.2801 $0.6700 +139%
Prestige Estates Projects Limited PRESTIGE ₹1,328 ₹971.43 -27%
The Phoenix Mills Limited PHOENIXLTD ₹1,751 ₹699.95 -60%
Fastighets AB BALDF $5.42 $6.97 +29%
Daito Trust Construction Co DIFTY $4.64 $9.38 +102%

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Frequently asked questions

Is Tanco Holdings (2429) undervalued?
As of Jul 14, 2026, our model estimates a fair value of 0.0340 MYR versus a price of 0.3150 MYR — about −89% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 2429?
Our model-based fair value for Tanco Holdings is 0.0340 MYR (as of Jul 14, 2026), built from audited fundamentals. The current price is 0.3150 MYR.
What is the quality score of 2429?
Tanco Holdings has a Quality Score of 20/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Tanco Holdings (2429)?
Tanco Holdings reported trailing-twelve-month revenue of about 154M MYR (latest available figure, as of Jul 14, 2026).
What is the net profit margin of 2429?
The net profit margin of Tanco Holdings is about 5.9%, meaning it keeps roughly 5.9% of revenue as net income. 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.