iFAST (SGX:AIY) Cyclically Adjusted Revenue per Share: S$0.92 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:AIY iFAST Corp Ltd SGX:AIY
95 GF Score
Price S$8.75
GF Value S$12.74
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is iFAST Cyclically Adjusted Revenue per Share?

iFAST SGX:AIY -3.10% 95 Cyclically Adjusted Revenue per Share is S$0.92 as of Jun. 2026. GuruFocus rates SGX:AIY with a GF Score™ of 95/100 and a GF Value™ of S$12.74 (Possible Value Trap). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

iFAST's adjusted revenue per share for the three months ended in Jun. 2026 was S$0.524. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is S$0.92 for the trailing ten years ended in Jun. 2026.

During the past 12 months, iFAST's average Cyclically Adjusted Revenue Growth Rate was 24.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2026-07-29), iFAST's current stock price is S$8.75. iFAST's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was S$0.92. iFAST's Cyclically Adjusted PS Ratio of today is 9.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of iFAST was 14.60. The lowest was 8.76. And the median was 11.35.


iFAST  (SGX:AIY) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

iFAST's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.75/0.92
=9.51

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of iFAST was 14.60. The lowest was 8.76. And the median was 11.35.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


iFAST Cyclically Adjusted Revenue per Share Related Terms


iFAST Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for iFAST's Cyclically Adjusted Revenue per Share can be seen below:

* 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.

iFAST Cyclically Adjusted Revenue per Share Chart

iFAST Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.59 0.68 0.81

iFAST Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 0.78 0.81 0.86 0.92

SGX:AIY vs QH, SHOP, UBER: Cyclically Adjusted Revenue per Share Comparison

For the Software - Application subindustry, iFAST's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


iFAST Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, iFAST's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where iFAST's Cyclically Adjusted PS Ratio falls into.


SGX:AIY
95GF Score
iFAST Corp Ltd SGX:AIY
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

iFAST Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, iFAST's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.524/333.9520*333.9520
=0.524

Current CPI (Jun. 2026) = 333.9520.

iFAST Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.079 241.428 0.109
201612 0.081 241.432 0.112
201703 0.083 243.801 0.114
201706 0.092 244.955 0.125
201709 0.098 246.819 0.133
201712 0.104 246.524 0.141
201803 0.115 249.554 0.154
201806 0.114 251.989 0.151
201809 0.115 252.439 0.152
201812 0.102 251.233 0.136
201903 0.100 254.202 0.131
201906 0.112 256.143 0.146
201909 0.123 256.759 0.160
201912 0.122 256.974 0.159
202003 0.140 258.115 0.181
202006 0.139 257.797 0.180
202009 0.159 260.280 0.204
202012 0.166 260.474 0.213
202103 0.194 264.877 0.245
202106 0.177 271.696 0.218
202109 0.193 274.310 0.235
202112 0.189 278.802 0.226
202203 0.174 287.504 0.202
202206 0.181 296.311 0.204
202209 0.174 296.808 0.196
202212 0.157 296.797 0.177
202303 0.170 301.836 0.188
202306 0.179 305.109 0.196
202309 0.205 307.789 0.222
202312 0.253 306.746 0.275
202403 0.281 312.332 0.300
202406 0.307 314.175 0.326
202409 0.283 315.301 0.300
202412 0.293 315.605 0.310
202503 0.348 319.799 0.363
202506 0.392 322.561 0.406
202509 0.379 324.800 0.390
202512 0.432 324.054 0.445
202603 0.499 330.213 0.505
202606 0.524 333.952 0.524

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of S$0.92 mean?
iFAST (SGX:AIY) has a Cyclically Adjusted Revenue per Share of S$0.92 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on iFAST and its competitors.
Is iFAST's Cyclically Adjusted Revenue per Share too high?
iFAST's current Cyclically Adjusted Revenue per Share is S$0.92. Overall, iFAST has a GF Score™ of 95/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does iFAST's Cyclically Adjusted Revenue per Share compare to QH and SHOP?
iFAST's Cyclically Adjusted Revenue per Share of S$0.92 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Software company?
A good Cyclically Adjusted Revenue per Share depends on the Software industry context. However, Cyclically Adjusted Revenue per Share 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 Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on iFAST and its competitors. iFAST's current Cyclically Adjusted Revenue per Share is S$0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iFAST stock overvalued right now?
Based on GuruFocus' analysis, iFAST (SGX:AIY) is currently considered Possible Value Trap. The stock's GF Value™ is S$12.74, compared to a current price of S$8.75 — trading 31.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is S$0.92. iFAST's overall GF Score™ is 95/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For iFAST (SGX:AIY), the current Cyclically Adjusted Revenue per Share is S$0.92 as of Jun. 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 iFAST (SGX:AIY) Overvalued in 2026?

Based on GuruFocus' analysis, iFAST stock appears to be undervalued. The current stock price of S$8.75 is trading 31.3% below its estimated GF Value™ of S$12.74. GuruFocus considers iFAST to be Possible Value Trap.

Key valuation signals for SGX:AIY:

  • Cyclically Adjusted Revenue per Share: S$0.92
  • GF Value™: S$12.74 vs. price of S$8.75 (31.3% below fair value)
  • GF Score™: 95/100 with 5 warning signs

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


iFAST Business Description

Other Exchanges 1O3:Germany
Address 10 Collyer Quay, No. 26-01, Ocean Financial Centre, Singapore, SGP, 049315
iFAST Corp Ltd is an investment holding company. It is engaged in the development of software, marketing of unit trusts, exchange-traded funds, listed stocks, debt securities, and Singapore government securities through websites and acting as an investment advisor, dealer, and custodian in the securities, portfolio management, pension administrative services, trust services, and banking services. The company operates through geographic segments: Singapore, Hong Kong, Malaysia, the United Kingdom, and China. The Hong Kong region generates maximum revenue for the company. The company receives the majority of revenue in the form of commissions and fees.
95GF Score

Get the complete analysis for SGX:AIY

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$8.75
Price
S$12.74
GF Value