iFAST (SGX:AIY) Net Margin %: 18.16% (As of Mar. 2026) — 76% Above Median


SGX:AIY iFAST Corp Ltd SGX:AIY
94 GF Score
Price S$8.89
GF Value S$12.31
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is iFAST Net Margin %?

iFAST SGX:AIY -1.55% 94 Net Margin % is 18.16% as of Mar. 2026, which is 76% above its 10-year median of 10.33. GuruFocus rates SGX:AIY with a GF Score™ of 94/100 and a GF Value™ of S$12.31 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,827 Software companies, iFAST ranks better than 90.7% on this metric.

Net margin is calculated as Net Income divided by its Revenue. iFAST's Net Income for the three months ended in Mar. 2026 was S$28.0 Mil. iFAST's Revenue for the three months ended in Mar. 2026 was S$154.5 Mil. Therefore, iFAST's net margin for the quarter that ended in Mar. 2026 was 18.16%.

The historical rank and industry rank for iFAST's Net Margin % or its related term are showing as below:

SGX:AIY' s Net Margin % Range Over the Past 10 Years
Min: 3.13   Med: 10.33   Max: 22.46
Current: 20.76


SGX:AIY's Net Margin % is ranked better than
90.7% of 2827 companies
in the Software industry
Industry Median: 2.54 vs SGX:AIY: 20.76

iFAST  (SGX:AIY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


iFAST Net Margin % Related Terms


iFAST Net Margin % Historical Data

* Premium members only.

The historical data trend for iFAST's Net Margin % 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 Net Margin % Chart

iFAST Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.17 3.13 11.66 19.63 22.46

iFAST Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 17.80 18.39 22.22 24.63 18.16

SGX:AIY vs CRM, SHOP, UBER: Net Margin % Comparison

For the Software - Application subindustry, iFAST's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Software Industry

For the Software industry and Technology sector, iFAST's Net Margin % distribution charts can be found below:

* The bar in red indicates where iFAST's Net Margin % falls into.


SGX:AIY
94GF Score
iFAST Corp Ltd SGX:AIY
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

iFAST Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

iFAST's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=100.013/445.316
=22.46 %

iFAST's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=28.045/154.46
=18.16 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 18.16% mean?
iFAST (SGX:AIY) has a Net Margin % of 18.16% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on iFAST and its competitors. This is 76% above median its historical median of 10.33. Over the past decade, iFAST's Net Margin % has ranged from 3.13 to 22.46. According to the industry distribution chart, iFAST ranks #263 out of 2827 companies in the Software industry, placing it in the top 9.3%.
Is iFAST's Net Margin % too high?
iFAST's current Net Margin % of 18.16% is 76% above median its 10-year median of 10.33. Over the past 10 years, this metric has ranged from a low of 3.13 to a high of 22.46. The Software industry median Net Margin % is 2.54. iFAST's value of 18.16% is 615% above this industry median. Based on the distribution chart, iFAST ranks #263 out of 2827 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, iFAST has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does iFAST's Net Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, iFAST ranks #263 out of 2827 companies for Net Margin %. This places iFAST in the top 9% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.54. iFAST's value of 18.16% is 615% above this benchmark. Historically, iFAST's own Net Margin % has ranged from 3.13 to 22.46 over the past decade. While the company's 10-year median is 10.33 vs. the industry median of 2.54, 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 Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,827 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. iFAST's current Net Margin % of 18.16% is 615% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on iFAST and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iFAST's current Net Margin % is 18.16%, which is 76% above median its own 10-year median of 10.33. 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 Modestly Undervalued. The stock's GF Value™ is S$12.31, compared to a current price of S$8.89 — trading 27.8% below its estimated fair value. The current Net Margin % is 18.16%, which is 76% above median its 10-year median of 10.33 and 615% above the Software industry median of 2.54. iFAST's overall GF Score™ is 94/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For iFAST (SGX:AIY), the current Net Margin % is 18.16% 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 iFAST (SGX:AIY) Overvalued in 2026?

Based on GuruFocus' analysis, iFAST stock appears to be undervalued. The current stock price of S$8.89 is trading 27.8% below its estimated GF Value™ of S$12.31. GuruFocus considers iFAST to be Modestly Undervalued.

Key valuation signals for SGX:AIY:

  • Net Margin %: 18.16% (76% above median its 10-year median of 10.33)
  • GF Value™: S$12.31 vs. price of S$8.89 (27.8% below fair value)
  • GF Score™: 94/100 with 6 warning signs
  • Industry Position: 615% above the Software median (#263 of 2827)

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

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.
94GF Score

Get the complete analysis for SGX:AIY

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

S$8.89
Price
S$12.31
GF Value