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IFS CapitalSGX:I49 42 Return-on-Tangible-Equity is 1.91% as of Jun. 2026, which is 3% above its 10-year median of 1.85. GuruFocus rates SGX:I49 with a GF Score™ of 42/100 and a GF Value™ of S$0.19 (Fairly Valued). The stock has 3 warning signs investors should review. Among 530 Credit Services companies, IFS Capital ranks worse than 66.98% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. IFS Capital's annualized net income for the quarter that ended in Jun. 2026 was S$3.42 Mil. IFS Capital's average shareholder tangible equity for the quarter that ended in Jun. 2026 was S$179.14 Mil. Therefore, IFS Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 1.91%.
The historical rank and industry rank for IFS Capital's Return-on-Tangible-Equity or its related term are showing as below:
SGX:I49'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.04 Med: 1.85 Max: 11.24
Current: 2.64
During the past 13 years, IFS Capital's highest Return-on-Tangible-Equity was 11.24%. The lowest was -2.04%. And the median was 1.85%.
SGX:I49's Return-on-Tangible-Equity is ranked worse than 66.98% of 530
companies
in the Credit Services industry
Industry Median: 7.195
vs SGX:I49: 2.64
IFS Capital (SGX:I49) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
IFS Capital Return-on-Tangible-Equity Related Terms
IFS Capital Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for IFS Capital's Return-on-Tangible-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:I49 vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, IFS Capital's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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.
IFS Capital Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, IFS Capital's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IFS Capital's Return-on-Tangible-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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.91% mean?
IFS Capital (SGX:I49) has a Return-on-Tangible-Equity of 1.91% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on IFS Capital and its competitors. This is near median its historical median of 1.85. According to the industry distribution chart, IFS Capital ranks #355 out of 530 companies in the Credit Services industry, placing it in the top 67%.
Is IFS Capital's Return-on-Tangible-Equity too high?
IFS Capital's current Return-on-Tangible-Equity of 1.91% is near median its 10-year median of 1.85. The Credit Services industry median Return-on-Tangible-Equity is 7.20. IFS Capital's value of 1.91% is 73.5% below this industry median. Based on the distribution chart, IFS Capital ranks #355 out of 530 companies in the Credit Services industry, which is below the industry midpoint. Overall, IFS Capital has a GF Score™ of 42/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IFS Capital's Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, IFS Capital ranks #355 out of 530 companies for Return-on-Tangible-Equity. This places IFS Capital in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.20. IFS Capital's value of 1.91% is 73.5% below this benchmark. While the company's 10-year median is 1.85 vs. the industry median of 7.20, IFS Capital 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-Equity for a Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 7.20, based on 530 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IFS Capital's current Return-on-Tangible-Equity of 1.91% is 73.5% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on IFS Capital and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFS Capital's current Return-on-Tangible-Equity is 1.91%, which is near median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFS Capital stock overvalued right now?
Based on GuruFocus' analysis, IFS Capital (SGX:I49) is currently considered Fairly Valued. The stock's GF Value™ is S$0.19, compared to a current price of S$0.18 — trading 5.3% below its estimated fair value. The current Return-on-Tangible-Equity is 1.91%, which is near median its 10-year median of 1.85 and 73.5% below the Credit Services industry median of 7.20. IFS Capital's overall GF Score™ is 42/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For IFS Capital (SGX:I49), the current Return-on-Tangible-Equity is 1.91% 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 IFS Capital (SGX:I49) Overvalued in 2026?
Based on GuruFocus' analysis, IFS Capital stock appears to be undervalued.
The current stock price of S$0.18 is trading 5.3% below its estimated GF Value™ of S$0.19.
GuruFocus considers IFS Capital to be Fairly Valued.
Key valuation signals for SGX:I49:
Return-on-Tangible-Equity: 1.91% (near median its 10-year median of 1.85)
GF Value™: S$0.19 vs. price of S$0.18 (5.3% below fair value)
Industry Position: 73.5% below the Credit Services median (#355 of 530)
No single metric tells the full story. See the SGX:I49 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IFS Capital Ltd is a specialist financial institution providing private credit origination, insurance, and asset management services to SMEs, consumers, and investors across Asia. Its segments are Private Credit, Insurance, Private Equity and Other Investments, and Asset Management. The Private Credit segment generates the maximum revenue and focuses on commercial finance solutions for corporate clients, particularly small and medium-sized enterprises. Its services include accounts receivable financing, trade financing, asset-based loans, working capital financing, leasing, hire purchase, and participation in the Enterprise Financing Scheme administered by Enterprise Singapore. This segment also includes consumer loan services. It generates maximum revenue from Thailand.
42GF Score
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