IFS Capital Limited, together with its subsidiaries, provides commercial, alternative, and structured finance services in Singapore and Southeast Asia.
Price History & Performance
|Historical stock prices|
|Current Share Price||S$0.18|
|52 Week High||S$0.17|
|52 Week Low||S$0.20|
|1 Month Change||-4.76%|
|3 Month Change||-9.55%|
|1 Year Change||0%|
|3 Year Change||-21.74%|
|5 Year Change||-18.18%|
|Change since IPO||-87.90%|
Recent News & Updates
IFS Capital (SGX:I49) Share Prices Have Dropped 36% In The Last Three Years
For many investors, the main point of stock picking is to generate higher returns than the overall market. But the risk...
|I49||SG Diversified Financial||SG Market|
Return vs Industry: I49 underperformed the SG Diversified Financial industry which returned 46.5% over the past year.
Return vs Market: I49 underperformed the SG Market which returned 19.3% over the past year.
Stable Share Price: I49 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: I49's weekly volatility (4%) has been stable over the past year.
About the Company
IFS Capital Limited, together with its subsidiaries, provides commercial, alternative, and structured finance services in Singapore and Southeast Asia. It operates through three segments: Credit Financing, Insurance, and Private Equity and Other Investments. The company offers factoring, accounts receivable financing, trade financing, mortgage financing, working capital, financing for overseas operations, asset-based and direct financing, operating leasing and consumer financing, and hire purchase services; and participates in financing by SPRING under Local Enterprise Finance scheme, as well as in financing by International Enterprise Singapore under Internationalization Finance scheme.
IFS Capital Fundamentals Summary
|I49 fundamental statistics|
Is I49 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|I49 income statement (TTM)|
|Cost of Revenue||S$8.37m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.00033|
|Net Profit Margin||0.40%|
How did I49 perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is IFS Capital undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: I49 (SGD0.18) is trading below our estimate of fair value (SGD0.3)
Significantly Below Fair Value: I49 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: I49 is poor value based on its PE Ratio (545.5x) compared to the Asian Diversified Financial industry average (15.4x).
PE vs Market: I49 is poor value based on its PE Ratio (545.5x) compared to the SG market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: I49 is poor value based on its PEG Ratio (13.1x)
Price to Book Ratio
PB vs Industry: I49 is good value based on its PB Ratio (0.4x) compared to the XA Diversified Financial industry average (0.8x).
How is IFS Capital forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: I49's forecast earnings growth (41.5% per year) is above the savings rate (1.9%).
Earnings vs Market: I49's earnings (41.5% per year) are forecast to grow faster than the SG market (15.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if I49's revenue is forecast to grow faster than the SG market.
High Growth Revenue: Insufficient data to determine if I49's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: I49's Return on Equity is forecast to be low in 3 years time (2.7%).
How has IFS Capital performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: I49 has high quality earnings.
Growing Profit Margin: I49's current net profit margins (0.4%) are lower than last year (17.6%).
Past Earnings Growth Analysis
Earnings Trend: I49 has become profitable over the past 5 years, growing earnings by 40.8% per year.
Accelerating Growth: I49's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: I49 had negative earnings growth (-98.2%) over the past year, making it difficult to compare to the Diversified Financial industry average (19.7%).
Return on Equity
High ROE: I49's Return on Equity (0.8%) is considered low.
How is IFS Capital's financial position?
Financial Position Analysis
Short Term Liabilities: I49's short term assets (SGD413.7M) exceed its short term liabilities (SGD226.8M).
Long Term Liabilities: I49's short term assets (SGD413.7M) exceed its long term liabilities (SGD34.3M).
Debt to Equity History and Analysis
Debt Level: I49's debt to equity ratio (117.9%) is considered high.
Reducing Debt: I49's debt to equity ratio has reduced from 207.2% to 117.9% over the past 5 years.
Debt Coverage: I49's debt is not well covered by operating cash flow (1.6%).
Interest Coverage: Insufficient data to determine if I49's interest payments on its debt are well covered by EBIT.
What is IFS Capital current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: I49's dividend (1.11%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (1.98%).
High Dividend: I49's dividend (1.11%) is low compared to the top 25% of dividend payers in the SG market (5.29%).
Stability and Growth of Payments
Stable Dividend: I49 is not paying a notable dividend for the SG market, therefore no need to check if payments are stable.
Growing Dividend: I49 is not paying a notable dividend for the SG market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: I49 is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of I49's dividend in 3 years as they are not forecast to pay a notable one for the SG market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Randy Sim (42 yo)
Mr. Cheng Leong Sim, also known as Randy, has been the Group Chief Executive Officer and Executive Director at IFS Capital Limited since July 1, 2020. He had been the Chief Executive Officer at IFS Capital...
Experienced Management: I49's management team is considered experienced (4.6 years average tenure).
Experienced Board: I49's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
IFS Capital Limited's employee growth, exchange listings and data sources
- Name: IFS Capital Limited
- Ticker: I49
- Exchange: SGX
- Founded: 1975
- Industry: Specialized Finance
- Sector: Diversified Financials
- Market Cap: S$67.675m
- Shares outstanding: 375.97m
- Website: https://www.ifscapital.com.sg
- IFS Capital Limited
- Singapore Post Centre
- No. 09-04
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/25 11:02|
|End of Day Share Price||2021/09/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.