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iFASTSGX:AIY +1.35%93 Debt-to-Equity is 0.67 as of Jun. 2026, which is 179% above its 10-year median of 0.24. GuruFocus rates SGX:AIY with a GF Score™ of 93/100 and a GF Value™ of S$13.05 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,239 Software companies, iFAST ranks worse than 76.64% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for iFAST's Debt-to-Equity or its related term are showing as below:
SGX:AIY'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.24 Max: 0.67
Current: 0.67
During the past 13 years, the highest Debt-to-Equity Ratio of iFAST was 0.67. The lowest was 0.06. And the median was 0.24.
SGX:AIY's Debt-to-Equity is ranked worse than 76.64% of 2239
companies
in the Software industry
Industry Median: 0.2
vs SGX:AIY: 0.67
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
iFAST Debt-to-Equity Related Terms
iFAST Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for iFAST's Debt-to-Equity 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.
SGX:AIY vs CRM, SHOP, UBER: Debt-to-Equity Comparison
For the Software - Application subindustry, iFAST's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, iFAST's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where iFAST's Debt-to-Equity falls into.
* 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 (SGX:AIY) has a Debt-to-Equity of 0.67 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on iFAST and its competitors. This is 179% above median its historical median of 0.24. Over the past decade, iFAST's Debt-to-Equity has ranged from 0.06 to 0.67. According to the industry distribution chart, iFAST ranks #1716 out of 2239 companies in the Software industry, placing it in the top 76.6%.
Is iFAST's Debt-to-Equity too high?
iFAST's current Debt-to-Equity of 0.67 is 179% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.67. The Software industry median Debt-to-Equity is 0.20. iFAST's value of 0.67 is 235% above this industry median. Based on the distribution chart, iFAST ranks #1716 out of 2239 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, iFAST has a GF Score™ of 93/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does iFAST's Debt-to-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, iFAST ranks #1716 out of 2239 companies for Debt-to-Equity. This places iFAST in the lower half of its industry. The industry median Debt-to-Equity is 0.20. iFAST's value of 0.67 is 235% above this benchmark. Historically, iFAST's own Debt-to-Equity has ranged from 0.06 to 0.67 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.20, iFAST 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 Debt-to-Equity for a Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,239 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. iFAST's current Debt-to-Equity of 0.67 is 235% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on iFAST and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iFAST's current Debt-to-Equity is 0.67, which is 179% above median its own 10-year median of 0.24. 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$13.05, compared to a current price of S$9.02 — trading 30.9% below its estimated fair value. The current Debt-to-Equity is 0.67, which is 179% above median its 10-year median of 0.24 and 235% above the Software industry median of 0.20. iFAST's overall GF Score™ is 93/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For iFAST (SGX:AIY), the current Debt-to-Equity is 0.67 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$9.02 is trading 30.9% below its estimated GF Value™ of S$13.05.
GuruFocus considers iFAST to be Possible Value Trap.
Key valuation signals for SGX:AIY:
Debt-to-Equity: 0.67 (179% above median its 10-year median of 0.24)
GF Value™: S$13.05 vs. price of S$9.02 (30.9% below fair value)
Industry Position: 235% above the Software median (#1716 of 2239)
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 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.
93GF Score
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