IFS Capital Holdings (Thailand) PCL (BKK:IFS-R) Return-on-Tangible-Asset: 1.54% (As of Mar. 2026) — 61% Below Median


BKK:IFS-R IFS Capital Holdings (Thailand) PCL BKK:IFS-R
70 GF Score
Price ฿1.89
GF Value ฿2.74
! 5 Warning Signs
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What is IFS Capital Holdings (Thailand) PCL Return-on-Tangible-Asset?

IFS Capital Holdings (Thailand) PCL BKK:IFS-R 70 Return-on-Tangible-Asset is 1.54% as of Mar. 2026, which is 61% below its 10-year median of 3.91. GuruFocus rates BKK:IFS-R with a GF Score™ of 70/100 and a GF Value™ of ฿2.74. The stock has 5 warning signs investors should review. Among 545 Credit Services companies, IFS Capital Holdings (Thailand) PCL ranks better than 64.95% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. IFS Capital Holdings (Thailand) PCL's annualized Net Income for the quarter that ended in Mar. 2026 was ฿63.2 Mil. IFS Capital Holdings (Thailand) PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿4,112.5 Mil. Therefore, IFS Capital Holdings (Thailand) PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.54%.

The historical rank and industry rank for IFS Capital Holdings (Thailand) PCL's Return-on-Tangible-Asset or its related term are showing as below:

BKK:IFS-R' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.3   Med: 3.91   Max: 5.52
Current: 3.03

During the past 13 years, IFS Capital Holdings (Thailand) PCL's highest Return-on-Tangible-Asset was 5.52%. The lowest was 2.30%. And the median was 3.91%.

BKK:IFS-R's Return-on-Tangible-Asset is ranked better than
64.95% of 545 companies
in the Credit Services industry
Industry Median: 1.92 vs BKK:IFS-R: 3.03

IFS Capital Holdings (Thailand) PCL  (BKK:IFS-R) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


IFS Capital Holdings (Thailand) PCL Return-on-Tangible-Asset Related Terms


IFS Capital Holdings (Thailand) PCL Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for IFS Capital Holdings (Thailand) PCL's Return-on-Tangible-Asset 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.

IFS Capital Holdings (Thailand) PCL Return-on-Tangible-Asset Chart

IFS Capital Holdings (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.14 4.08 4.18 3.47 2.30

IFS Capital Holdings (Thailand) PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 -1.49 3.65 4.29 2.57 1.54

BKK:IFS-R vs V, MA, AXP: Return-on-Tangible-Asset Comparison

For the Credit Services subindustry, IFS Capital Holdings (Thailand) PCL's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


IFS Capital Holdings (Thailand) PCL Return-on-Tangible-Asset vs Credit Services Industry

For the Credit Services industry and Financial Services sector, IFS Capital Holdings (Thailand) PCL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where IFS Capital Holdings (Thailand) PCL's Return-on-Tangible-Asset falls into.


BKK:IFS-R
70GF Score
IFS Capital Holdings (Thailand) PCL BKK:IFS-R
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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IFS Capital Holdings (Thailand) PCL Return-on-Tangible-Asset Calculation

IFS Capital Holdings (Thailand) PCL's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=95.387/( (4089.77+4195.904)/ 2 )
=95.387/4142.837
=2.30 %

IFS Capital Holdings (Thailand) PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=63.224/( (4195.904+4029.064)/ 2 )
=63.224/4112.484
=1.54 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 1.54% mean?
IFS Capital Holdings (Thailand) PCL (BKK:IFS-R) has a Return-on-Tangible-Asset of 1.54% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on IFS Capital Holdings (Thailand) PCL and its competitors. This is 61% below median its historical median of 3.91. Over the past decade, IFS Capital Holdings (Thailand) PCL's Return-on-Tangible-Asset has ranged from 2.30 to 5.52. According to the industry distribution chart, IFS Capital Holdings (Thailand) PCL ranks #191 out of 545 companies in the Credit Services industry, placing it in the top 35%.
Is IFS Capital Holdings (Thailand) PCL's Return-on-Tangible-Asset too high?
IFS Capital Holdings (Thailand) PCL's current Return-on-Tangible-Asset of 1.54% is 61% below median its 10-year median of 3.91. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 5.52. The Credit Services industry median Return-on-Tangible-Asset is 1.92. IFS Capital Holdings (Thailand) PCL's value of 1.54% is 19.8% below this industry median. Based on the distribution chart, IFS Capital Holdings (Thailand) PCL ranks #191 out of 545 companies in the Credit Services industry, which is above the industry midpoint. Overall, IFS Capital Holdings (Thailand) PCL has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does IFS Capital Holdings (Thailand) PCL's Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, IFS Capital Holdings (Thailand) PCL ranks #191 out of 545 companies for Return-on-Tangible-Asset. This puts IFS Capital Holdings (Thailand) PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.92. IFS Capital Holdings (Thailand) PCL's value of 1.54% is 19.8% below this benchmark. Historically, IFS Capital Holdings (Thailand) PCL's own Return-on-Tangible-Asset has ranged from 2.30 to 5.52 over the past decade. While the company's 10-year median is 3.91 vs. the industry median of 1.92, IFS Capital Holdings (Thailand) PCL has consistently been below 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 Return-on-Tangible-Asset for a Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 1.92, based on 545 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IFS Capital Holdings (Thailand) PCL's current Return-on-Tangible-Asset of 1.54% is 19.8% below 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on IFS Capital Holdings (Thailand) PCL and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFS Capital Holdings (Thailand) PCL's current Return-on-Tangible-Asset is 1.54%, which is 61% below median its own 10-year median of 3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFS Capital Holdings (Thailand) PCL stock overvalued right now?
IFS Capital Holdings (Thailand) PCL (BKK:IFS-R) has a current Return-on-Tangible-Asset of 1.54%. The stock's GF Value™ is ฿2.74, compared to a current price of ฿1.89 — trading 31% below its estimated fair value. The current Return-on-Tangible-Asset is 1.54%, which is 61% below median its 10-year median of 3.91 and 19.8% below the Credit Services industry median of 1.92. IFS Capital Holdings (Thailand) PCL's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For IFS Capital Holdings (Thailand) PCL (BKK:IFS-R), the current Return-on-Tangible-Asset is 1.54% 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 IFS Capital Holdings (Thailand) PCL (BKK:IFS-R) Overvalued in 2026?

Based on GuruFocus' analysis, IFS Capital Holdings (Thailand) PCL stock appears to be undervalued. The current stock price of ฿1.89 is trading 31% below its estimated GF Value™ of ฿2.74.

Key valuation signals for BKK:IFS-R:

  • Return-on-Tangible-Asset: 1.54% (61% below median its 10-year median of 3.91)
  • GF Value™: ฿2.74 vs. price of ฿1.89 (31% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 19.8% below the Credit Services median (#191 of 545)

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


IFS Capital Holdings (Thailand) PCL Business Description

Other Exchanges IFS:Thailand
Address 1168/55 Rama IV Road, 20th Floor Lumpini Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120
IFS Capital Holdings (Thailand) PCL is a Thailand-based company which is involved in three business segments. A factoring business is a short-term loan that provides liquidity to the business immediately and enables the business to increase its turnover in the form of buying accounts receivable. The factoring facility applies to both domestic and international sales. Hire purchase and finance leasing businesses are long-term loans for investment in the business industry. Others encompass a range of activities from corporate decisions, income, and expenses not attributed to the business segments described. The majority of revenue is derived from Factoring Business.
70GF Score

Get the complete analysis for BKK:IFS-R

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.89
Price
฿2.74
GF Value