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Ta Ann Holdings (5012) Fair Value & Analysis

Consumer Defensive · MY · Market cap 2.5B MYR

TA Ta Ann Holdings 5012 · KLSE
Price5.88 MYR
Fair Value7.91 MYR
Upside+34.5%
Quality75/100
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Healthy Growth
Solidly profitable · 11.7% net margin
Low debt · generates free cash flow
6.17% dividend yield
Ranks above peers (11/14)
Moderate moat 56/100
Evidence: Medium Range 5.93 MYR – 9.89 MYR Share as image

Fair value as of: Jul 13, 2026

From 26 valuation models · updated 27 days ago

Fair value updated Jul 13, 2026, revised from 10.05 MYR to 7.91 MYR (−21.3%) since Jun 25, 2026. Share price +5.4% over the past month.

A strong business, screening 35% undervalued on our models.

What matters now

  • The rarer combination: high quality (75/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • Our model range runs from 5.93 MYR (bear) to 9.89 MYR (bull), base 7.91 MYR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 75/100 (high quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

5.93 MYR 1.61 MYR Fair Value 7.91 MYR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range 1.61 MYR – 5.93 MYR · fair‑value band 5.93 MYR – 9.89 MYR · the 5.88 MYR price screens below the 7.91 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

Full chart & analysis →

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Analysis

Ta Ann Holdings (5012) currently trades at 5.88 MYR, while our model-based Fair Value estimate is 7.91 MYR, implying the stock looks roughly 34.5% undervalued today. The Quality Score stands at 75/100 (high quality), in the Consumer Defensive 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: medium), always confirm before acting.

Over the trailing twelve months, Ta Ann Holdings generated revenue of 1.9B MYR at a net margin of 11.7%. Revenue grew 0.9% year over year. It earns a return on equity of 13.4%. The balance sheet holds a net cash position of 341M MYR. Fundamentals as of Jul 13, 2026

Our scenario range runs from 5.93 MYR (bear case) to 9.89 MYR (bull case); at 5.88 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 near its 52-week high and 71% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 102% fair-value upside, at 35%, 5012 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 BearBaseBull Evidence
Highest evidence
Growth DCF 8.56 MYR 11.85 MYR 16.33 MYR 80
Residual Income 3.90 MYR 4.36 MYR 6.53 MYR 76
Rev-Margin DCF 6.57 MYR 9.32 MYR 12.48 MYR 74
All 26 models by family
DCF Models
FCF DCF 8.45 MYR 12.16 MYR 17.54 MYR 38
Owner Earnings 6.92 MYR 9.86 MYR 14.11 MYR 31
5Y Revenue Exit 6.57 MYR 9.25 MYR 12.59 MYR 39
5Y EBITDA Exit 8.97 MYR 13.70 MYR 19.17 MYR 41
5Y P/E Exit 8.04 MYR 11.98 MYR 16.05 MYR 38
10Y Revenue Exit 7.08 MYR 9.64 MYR 12.94 MYR 36
10Y EBITDA Exit 8.70 MYR 12.65 MYR 17.81 MYR 37
10Y P/E Exit 8.12 MYR 11.48 MYR 15.50 MYR 35
Earnings-Based
Graham-Dodd 3.26 MYR 9.74 MYR 12.91 MYR 54
Lynch FV 2.06 MYR 2.95 MYR 3.83 MYR 50
PEG = 1.0 2.06 MYR 2.95 MYR 3.83 MYR 46
EPV 5.81 MYR 6.56 MYR 7.19 MYR 59
Dividend Discount
Gordon GGM 2.63 MYR 5.25 MYR 7.95 MYR 70
DDM Multi-Stage 2.63 MYR 4.21 MYR 5.54 MYR 61
Multiples
P/E Multiple 7.54 MYR 10.05 MYR 12.57 MYR 63
P/S Multiple 5.26 MYR 7.02 MYR 8.77 MYR 58
P/B Multiple 6.10 MYR 8.14 MYR 10.17 MYR 55
EV/EBIT 10.60 MYR 13.76 MYR 16.92 MYR 53
EV/EBITDA 10.31 MYR 13.38 MYR 16.44 MYR 54
EV/Revenue 5.73 MYR 7.70 MYR 9.68 MYR 43
Asset-Based
NCAV (Graham) 2.18 MYR 2.92 MYR 4.37 MYR 50
Growth DCF
Growth DCF 8.56 MYR 11.85 MYR 16.33 MYR 80
Rev-Margin DCF 6.57 MYR 9.32 MYR 12.48 MYR 74
Economic Profit
Residual Income 3.90 MYR 4.36 MYR 6.53 MYR 76
ROIC Compounder 6.07 MYR 7.30 MYR 8.75 MYR 72
Growth Earnings
Growth-Adj P/E 6.15 MYR 8.79 MYR 11.42 MYR 68

Widest divergence: DCF Models (11.48 MYR) versus Asset-Based (2.92 MYR). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 1.9B MYR
Revenue growth (YoY) +0.9%
Net margin 11.7%
Return on equity 13.4%
Free cash flow 302M MYR FY2025
P/E ratio 10.7
More key figures
Operating margin 13.8%
EPS (TTM) 0.4900 MYR
Dividend yield 6.6%
EPS growth (YoY) +19.3%
Net cash 341M MYR FY2025

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 75/100

Of which business quality 73 · Market factors (momentum, volatility) 89

Profitability 46
Margins and returns on capital today
Quality Growth 64
Are margins and returns improving?
Cashflow 75
Earnings quality: real cash, not paper profit
Fin. Strength 91
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 95
Calm price path (market factor)
Momentum 78
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 82
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

Ta Ann Holdings Berhad, an investment holding company, operates as a timber and oil palm plantation company. It operates through three segments: Timber Products, Plantations, and Others.

Full company description

Ta Ann Holdings Berhad, an investment holding company, operates as a timber and oil palm plantation company. It operates through three segments: Timber Products, Plantations, and Others. The company offers plywood products, including concrete and structure panels, floor base, laminated veneer lumbers, bracing plywood products, hardwood veneer, and phenolic film faced panels, as well as coated concrete panels; and sawmill products, such as laminated beams and posts, sawn timber products, dress sawn/sangi products, decking products, and finger joint sticks; crude palm oil, palm kernel, and fresh fruit bunch. It is also involved in the trade of timber logs; reforestation and cultivation of oil palms; development of tree plantations; production and commercial supply of seeds and seedlings; property investment and development; livestock breeding; operation of a palm oil mill and biomass power plant; extraction and sale of logs; manufacture and sale of wood veneer and plywood; transportation; mechanical and electrical maintenance of palm oil mill; and agricultural production. In addition, the company act as a logging and plantation contractor; holds timber concession licenses; and offers management services. It has oil palm estates with a total planted area of approximately 50,000 hectares; and crude palm oil mills. The company was founded in 1985 and is headquartered in Sibu, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ta Ann Holdings reported revenue of 1.9B MYR in FY2025 versus 1.9B MYR in FY2021, a compound +0.5%/yr. Reported net income was 211M MYR in FY2025, compounding −9.7%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.9B MYR
Latest YoY
+17.1%
Avg. growth/yr (3Y)
−4.1%
Avg. growth/yr (5Y)
+9.7%
Avg. growth/yr (20Y)
+6.7%
Revenue +0.5%/yr
FY21 1.9B MYR
FY22 2.2B MYR
FY23 1.7B MYR
FY24 1.6B MYR
FY25 1.9B MYR
Net income −9.7%/yr
FY21 318M MYR
FY22 320M MYR
FY23 157M MYR
FY24 181M MYR
FY25 211M MYR

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Cite: Fair Value Calculator (2026). "Ta Ann Holdings Fair Value". https://www.fairvalue-calculator.com/stock/5012

Peer Group

Farm Products · 291 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 75 · Top 25%
Fair Value upside +35% · Above median
Return on equity (TTM) 13% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 14% · Top 25%
Revenue growth 1% · Below median
Dividend yield (TTM) 6.2% · Top 25%
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Farm Products median · lower = cheaper

P/E (TTM) 11.7× · Cheaper than median
P/B 0.32× · Cheaper than median
P/S (TTM) 0.32× · Cheaper than median
P/FCF 2.0× · Pricier than median
PEG 54.07× · 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 79 · sector 26
FUTURE 5 · sector 21
PAST 54 · sector 17
HEALTH 100 · sector 94
DIVIDEND 100 · sector 38

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 Farm Products stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
Muyuan Foods Group 002714 ¥40.90 ¥48.19 +18%
Wens Foodstuff Group 300498 ¥14.51 ¥12.08 -17%
Mowi ASA MOWI kr 188.40 kr 262.59 +39%
PT Charoen Pokphand Indonesia Tbk, CPIN 3,120 IDR 7,076 IDR +127%
Charoen Pokphand Foods Public Company CPF 22.00 THB 55.71 THB +153%
PT Triputra Agro Persada Tbk TAPG 1,540 IDR 3,105 IDR +102%
PT FAP Agri Tbk FAPA 7,300 IDR 7,463 IDR +2%
PT Japfa Comfeed Indonesia Tbk JPFA 2,070 IDR 7,231 IDR +249%
Thaifoods Group TFGR 10.60 THB 23.53 THB +122%
PT Jhonlin Agro Raya Tbk JARR 1,845 IDR 610.80 IDR -67%

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Frequently asked questions

Is Ta Ann Holdings (5012) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of 7.91 MYR versus a price of 5.88 MYR, about +35% (undervalued).
What is the fair value of 5012?
Our model-based fair value for Ta Ann Holdings is 7.91 MYR (as of Jul 13, 2026), built from audited fundamentals. The current price is 5.88 MYR.
What is the quality score of 5012?
Ta Ann Holdings has a Quality Score of 75/100. 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 Ta Ann Holdings (5012)?
Ta Ann Holdings reported trailing-twelve-month revenue of about 1.9B MYR (latest available figure, as of Jul 13, 2026).
What is the net profit margin of 5012?
The net profit margin of Ta Ann Holdings is about 11.7%, meaning it keeps roughly 11.7% of revenue as net income. Based on the latest reported figures.
Does Ta Ann Holdings pay a dividend?
Ta Ann Holdings currently shows a dividend yield of about 6.64% relative to its recent price (as of Jul 13, 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.

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