Tune Protect Group Bhd (XKLS:5230) Scaled Net Operating Assets: 0.52 (As of Mar. 2026)

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XKLS:5230 Tune Protect Group Bhd XKLS:5230
57 GF Score
Price RM0.28
GF Value RM0.38
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Tune Protect Group Bhd Scaled Net Operating Assets?

Tune Protect Group Bhd XKLS:5230 57 Scaled Net Operating Assets is 0.52 as of Mar. 2026. GuruFocus rates XKLS:5230 with a GF Score™ of 57/100 and a GF Value™ of RM0.38 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Tune Protect Group Bhd's operating assets for the quarter that ended in Mar. 2026 was RM1,127.8 Mil. Tune Protect Group Bhd's operating liabilities for the quarter that ended in Mar. 2026 was RM520.6 Mil. Tune Protect Group Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM1,161.1 Mil. Therefore, Tune Protect Group Bhd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.52.

XKLS:5230
57GF Score
Tune Protect Group Bhd XKLS:5230
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tune Protect Group Bhd Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Tune Protect Group Bhd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1138.184-546.824)/1313.623
=0.45

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1161.133 - 22.949
=1138.184

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=550.703 - 3.879 - 0
=546.824

Tune Protect Group Bhd's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(1127.792-520.579)/1161.133
=0.52

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1141.696 - 13.904
=1127.792

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=528.663 - 8.084 - 0
=520.579

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.52 mean?
Tune Protect Group Bhd (XKLS:5230) has a Scaled Net Operating Assets of 0.52 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Tune Protect Group Bhd and its competitors.
Is Tune Protect Group Bhd's Scaled Net Operating Assets too high?
Tune Protect Group Bhd's current Scaled Net Operating Assets is 0.52. Overall, Tune Protect Group Bhd has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tune Protect Group Bhd's Scaled Net Operating Assets compare to BRK.A and AIG?
Tune Protect Group Bhd's Scaled Net Operating Assets of 0.52 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Tune Protect Group Bhd and its competitors. Tune Protect Group Bhd's current Scaled Net Operating Assets is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tune Protect Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tune Protect Group Bhd (XKLS:5230) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.38, compared to a current price of RM0.28 — trading 27.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.52. Tune Protect Group Bhd's overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Tune Protect Group Bhd (XKLS:5230), the current Scaled Net Operating Assets is 0.52 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tune Protect Group Bhd (XKLS:5230) Overvalued in 2026?

Based on GuruFocus' analysis, Tune Protect Group Bhd stock appears to be undervalued. The current stock price of RM0.28 is trading 27.6% below its estimated GF Value™ of RM0.38. GuruFocus considers Tune Protect Group Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5230:

  • Scaled Net Operating Assets: 0.52
  • GF Value™: RM0.38 vs. price of RM0.28 (27.6% below fair value)
  • GF Score™: 57/100 with 3 warning signs

No single metric tells the full story. See the XKLS:5230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tune Protect Group Bhd Business Description

Address Level 9, Wisma Capital A, No. 19 Lorong Dungun, Damansara Heights, Wilayah Persekutuan, Kuala Lumpur, MYS, 50490
Tune Protect Group Bhd is a Malaysian investment holding company that underwrites and reinsures non-life insurance products through its subsidiary companies. The group is organized into business segments as investment holding, and others, collective investment schemes, general reinsurance, general insurance business, and Life insurance business. The company has two general insurance businesses, Tune Protect Malaysia Berhad, as well as an associate company, Tune Protect Thailand. Both offer varieties of products while also underwriting travel businesses in their respective countries. The company generates the majority of its revenue from the General Insurance Business segment.
57GF Score

Get the complete analysis for XKLS:5230

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.28
Price
RM0.38
GF Value