Financials Tune Protect Group

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
0.33 ^MYR	+3.13%		+1.54%	-17.50%

Apr. 05	Tune Protect's CEO Steps Down	MT
Apr. 03	Tune Protect Group Berhad Announces the Resignation of Rohit Chandrasekharan Nambiar as Group Chief Executive Officer, Effective 10 May 2024	CI

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	421	424.7	327	319.5	236.8	248.7	248.7	-
Enterprise Value (EV) ¹	421	424.7	327	319.5	236.8	300.9	248.7	248.7
P/E ratio	8.54 x	8.38 x	17.8 x	-21.4 x	-6.89 x	-308 x	9.71 x	7.86 x
Yield	5.36%	5.31%	-	-	-	1.52%	4.24%	5.76%
Capitalization / Revenue	1.42 x	1.67 x	1.72 x	1.62 x	0.8 x	0.58 x	0.67 x	0.51 x
EV / Revenue	1.42 x	1.67 x	1.72 x	1.62 x	0.8 x	0.58 x	0.67 x	0.51 x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	0.8 x	0.76 x	0.56 x	0.57 x	-	0.58 x	0.43 x	0.41 x
Nbr of stocks (in thousands)	751,760	751,760	751,760	751,760	751,760	753,641	753,641	-
Reference price ²	0.5600	0.5650	0.4350	0.4250	0.3150	0.3300	0.3300	0.3300
Announcement Date	2/22/19	2/28/20	2/25/21	2/25/22	2/22/23	2/29/24	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	295.4	254.7	189.9	196.8	297.3	427.4	372.2	486.8
EBITDA	-	-	-	-	-	-	-	-
EBIT	50.2	57.29	32.3	-5.242	-	-	-	-
Operating Margin	16.99%	22.49%	17.01%	-2.66%	-	-	-	-
Earnings before Tax (EBT) ¹	55.07	61.65	34.68	-14.78	-33.74	3.171	37	49.25
Net income ¹	49.31	50.68	18.39	-14.99	-34.39	-0.947	25.6	32.55
Net margin	16.69%	19.9%	9.69%	-7.62%	-11.57%	5.25%	6.88%	6.69%
EPS ²	0.0656	0.0674	0.0245	-0.0199	-0.0457	-0.001300	0.0340	0.0420
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.0300	0.0300	-	-	-	0.005000	0.0140	0.0190
Announcement Date	2/22/19	2/28/20	2/25/21	2/25/22	2/22/23	2/29/24	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	9.59%	9.33%	3.24%	-2.64%	-6.35%	-0.18%	4.7%	5.65%
ROA (Net income/ Total Assets)	3.5%	3.26%	1.1%	-0.86%	-2.05%	-0.07%	1.5%	2.05%
Assets ¹	1,408	1,557	1,679	1,737	1,677	1,280	1,707	1,588
Book Value Per Share ²	0.7000	0.7400	0.7700	0.7500	-	0.7000	0.7700	0.8000
Cash Flow per Share	-	0.0400	0.0400	0.0300	-	-	-	-
Capex	-	3.62	4.77	18.3	16	-	-	-
Capex / Sales	-	1.42%	2.51%	9.3%	5.37%	-	-	-
Announcement Date	2/22/19	2/28/20	2/25/21	2/25/22	2/22/23	2/29/24	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

B-

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.33 MYR

Average target price

0.495 MYR

Spread / Average Target

+50.00%

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