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Tune Protect Group BhdXKLS:5230 57 WACC % is 11.6% as of Jul. 13, 2026, which is 22% above its 10-year median of 9.53. 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. Among 519 Insurance companies, Tune Protect Group Bhd ranks worse than 81.31% on this metric.
As of today (2026-07-13), Tune Protect Group Bhd's weighted average cost of capital is 11.6%%. Tune Protect Group Bhd's ROIC % is 2.50% (calculated using TTM income statement data).
Tune Protect Group Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.
For a comprehensive WACC calculation, please access the WACC Calculator.
Tune Protect Group Bhd (XKLS:5230) WACC % Explanation
Because it costs money to raise capital. A firm that generates higher ROIC % than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Tune Protect Group Bhd's weighted average cost of capital is 11.6%%. Tune Protect Group Bhd's ROIC % is 2.50% (calculated using TTM income statement data).
Tune Protect Group Bhd earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
1. GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together.
For companies that report quarterly, GuruFocus combines all of the most recent year's quarterly debt data from the beginning of the year to the year-end and calculates the average.
For companies that report semi-annually, GuruFocus combines all of the most recent year's semi-annual debt data from the start of the year to the year-end and calculates the average.
For companies that report annually, GuruFocus combines the beginning and ending annual debt data from the most recent year and then calculates the average.
2. The WACC formula discussed above does not include Preferred Stock. Please adjust if preferred stock is considered.
3. (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
4. GuruFocus uses the latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
* 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.
For the Insurance - Diversified subindustry, Tune Protect Group Bhd's WACC %, along with its competitors' market caps and WACC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tune Protect Group Bhd WACC % vs Insurance Industry
For the Insurance industry and Financial Services sector, Tune Protect Group Bhd's WACC % distribution charts can be found below:
* The bar in red indicates where Tune Protect Group Bhd's WACC % falls into.
The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. The WACC is commonly referred to as the firm's cost of capital. Generally speaking, a company's assets are financed by debt and equity. WACC is the average of the costs of these sources of financing, each of which is weighted by its respective use in the given situation. By taking a weighted average, we can see how much interest the company has to pay for every dollar it finances.
WACC
=
E
/
(E + D)
*
Cost of Equity
+
D
/
(E + D)
*
Cost of Debt
*
(1 - Tax Rate)
1. Weights:
Generally speaking, a company's assets are financed by debt and equity. We need to calculate the weight of equity and the weight of debt.
The market value of equity (E) is also called "Market Cap". As of today, Tune Protect Group Bhd's market capitalization (E) is RM207.251 Mil.
The market value of debt is typically difficult to calculate, therefore, GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding the latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Mar. 2026, Tune Protect Group Bhd's latest one-year quarterly average Book Value of Debt (D) is RM5.1894 Mil.
a) weight of equity = E / (E + D) = 207.251 / (207.251 + 5.1894) = 0.9756
b) weight of debt = D / (E + D) = 5.1894 / (207.251 + 5.1894) = 0.0244
2. Cost of Equity:
GuruFocus uses Capital Asset Pricing Model (CAPM) to calculate the required rate of return. The formula is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
a) GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate. It is updated daily. The current risk-free rate is 4.614%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default.
b) Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. Tune Protect Group Bhd's beta is 1.2042.
c) (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
Cost of Equity = 4.614% + 1.2042 * 6% = 11.8392%
3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
As of Mar. 2026, Tune Protect Group Bhd's interest expense (positive number) was RM0.133 Mil. Its total Book Value of Debt (D) is RM5.1894 Mil.
Cost of Debt = 0.133 / 5.1894 = 2.5629%.
4. Multiply by one minus TTM Tax Rate:
GuruFocus uses the most recent TTM Tax Expense divided by the most recent TTM Pre-Tax Income to calculate the tax rate. The calculated TTM tax rate is limited to between 0% and 100%. If the calculated tax rate is higher than 100%, it is set to 100%. If the calculated tax rate is less than 0%, it is set to 0%.
The latest calculated TTM Tax Rate = 6.224 / 34.028 = 18.29%.
Tune Protect Group Bhd's Weighted Average Cost Of Capital (WACC) for Today is calculated as:
WACC
=
E / (E + D)
*
Cost of Equity
+
D / (E + D)
*
Cost of Debt
*
(1 - Tax Rate)
=
0.9756
*
11.8392%
+
0.0244
*
2.5629%
*
(1 - 18.29%)
=
11.6%
* 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.
Tune Protect Group Bhd (XKLS:5230) has a WACC % of 11.6% as of Jul. 13, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Tune Protect Group Bhd and its competitors. This is 22% above median its historical median of 9.53. Over the past decade, Tune Protect Group Bhd's WACC % has ranged from 2.12 to 12.36. According to the industry distribution chart, Tune Protect Group Bhd ranks #422 out of 519 companies in the Insurance industry, placing it in the top 81.3%.
Is Tune Protect Group Bhd's WACC % too high?
Tune Protect Group Bhd's current WACC % of 11.6% is 22% above median its 10-year median of 9.53. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 12.36. The Insurance industry median WACC % is 9.17. Tune Protect Group Bhd's value of 11.6% is 26.5% above this industry median. Based on the distribution chart, Tune Protect Group Bhd ranks #422 out of 519 companies in the Insurance industry, which is in the bottom quartile relative to peers. 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 WACC % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Tune Protect Group Bhd ranks #422 out of 519 companies for WACC %. This places Tune Protect Group Bhd in the lower half of its industry. The industry median WACC % is 9.17. Tune Protect Group Bhd's value of 11.6% is 26.5% above this benchmark. Historically, Tune Protect Group Bhd's own WACC % has ranged from 2.12 to 12.36 over the past decade. While the company's 10-year median is 9.53 vs. the industry median of 9.17, Tune Protect Group Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good WACC % for an Insurance company?
The median WACC % among Insurance companies is 9.17, based on 519 companies in the industry. Companies in the top quartile (top 25%) have a WACC % significantly above this median, while those in the bottom quartile fall well below. However, WACC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tune Protect Group Bhd's current WACC % of 11.6% is 26.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high WACC % mean?
A high WACC % can signal that a stock is expensive relative to its fundamentals. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Tune Protect Group Bhd and its competitors. For the Insurance industry, the median WACC % is 9.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tune Protect Group Bhd's current WACC % is 11.6%, which is 22% above median its own 10-year median of 9.53. 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 WACC % is 11.6%, which is 22% above median its 10-year median of 9.53 and 26.5% above the Insurance industry median of 9.17. 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 WACC % calculated?
WACC % is calculated from a company's financial statements. For Tune Protect Group Bhd (XKLS:5230), the current WACC % is 11.6% as of Jul. 13, 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:
WACC %: 11.6% (22% above median its 10-year median of 9.53)
GF Value™: RM0.38 vs. price of RM0.28 (27.6% below fair value)
Industry Position: 26.5% above the Insurance median (#422 of 519)
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 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
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