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Tune Protect Group (5230) Fair Value & Analysis

Financial Services · MY · Market cap 219M MYR

TP Tune Protect Group 5230 · KLSE
Price0.2750 MYR
Fair Value0.4600 MYR
Upside+67.3%
Quality88/100
Evidence: Medium Range 0.3400 MYR – 0.5700 MYR

Fair value as of: Jun 26, 2026

From 14 valuation models · updated 3 days ago

Share price −5.1% over the past month.

Price vs Fair Value (12 months)

0.3487 MYR 0.2652 MYR Fair Value 0.4600 MYR Jul 2025 Jun 2026

12‑month range 0.2652 MYR – 0.3487 MYR · fair‑value band 0.3400 MYR – 0.5700 MYR · the 0.2750 MYR price screens below the 0.4600 MYR fair value. As of Jun 26, 2026.

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Analysis

Tune Protect Group (5230) currently trades at 0.2750 MYR, while our model-based Fair Value estimate is 0.4600 MYR — implying the stock looks roughly 67.3% undervalued today. We read business quality at 88/100 (high 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: medium) — always confirm before acting.

Over the trailing twelve months, Tune Protect Group generated revenue of 339M MYR at a net margin of 7.0%. Revenue declined 12.8% year over year. It earns a return on equity of 4.6%. The balance sheet holds a net cash position of 19.1M MYR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 339M MYR
Revenue growth (YoY) -12.8%
Net margin 7.0%
Return on equity 4.6%
Free cash flow −7.2M MYR FY2025
P/E ratio 9.7
More key figures
Operating margin 2.3%
EPS (TTM) 0.0300 MYR
EPS growth (YoY) -43.9%
Net cash 19.1M MYR FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Tune Protect Group Berhad, a financial holding company, provides underwriting and reinsurance services for non-life insurance products in Malaysia and internationally. The company offers travel insurance, such as document protection, travel golf, student travel, pet travel, travel adventure, travel cancellation, collision damage assurance, and travel electronic insurance; motor and bike insurance; and health insurance, including pro-health medical, critical safe, hospital cash insurance, e-cancer care, major critical illnesses, and diabetes insurance. It also provides personal insurance, snatch theft protection, sports protection, person with disability coverage, loss of life coverage, kids' coverage, and protection for seniors up to 99 years old; home insurance comprising protection for home building structure, home content or belongings against fire, flood, or landslides, as well as add-on home insurance, and protection against natural disasters; and reinsurance. The company was f…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tune Protect Group reported revenue of 394M MYR in FY2025 versus 212M MYR in FY2021, a compound +16.8%/yr. Reported net income was 26.5M MYR in FY2025.

Revenue +16.8%/yr
FY21 212M MYR
FY22 299M MYR
FY23 316M MYR
FY24 365M MYR
FY25 394M MYR
Net income
FY21 −15.0M MYR
FY22 −35.1M MYR
FY23 −947K MYR
FY24 572K MYR
FY25 26.5M MYR

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Similar stocks

6 more Insurance - Diversified stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Berkshire Hathaway Inc BRK C$35.75 C$29.27 -18%
Allianz SE ALIZY $46.31 $51.76 +12%
Zurich Insurance Group ZURVY $36.15 $29.58 -18%
AXA SA AXAHY $48.48 $66.69 +38%
Assicurazioni Generali S.p.A ARZGY $24.04 $19.38 -19%
Sun Life Financial Inc SLF $77.26 $61.63 -20%

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Frequently asked questions

Is Tune Protect Group (5230) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 0.4600 MYR versus a price of 0.2750 MYR — about +67% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 5230?
Our 21-model fair value for Tune Protect Group is 0.4600 MYR (as of Jun 26, 2026), built from audited fundamentals. The current price is 0.2750 MYR.
What is the quality score of 5230?
Tune Protect Group has a Quality Score of 88/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Tune Protect Group (5230)?
Tune Protect Group reported trailing-twelve-month revenue of about 339M MYR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of 5230?
The net profit margin of Tune Protect Group is about 7.0%, meaning it keeps roughly 7.0% 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.