IFS Capital Holdings (Thailand) PCL (BKK:IFS-R) Asset Turnover: 0.03 (As of Mar. 2026)


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 Asset Turnover?

IFS Capital Holdings (Thailand) PCL BKK:IFS-R 70 Asset Turnover is 0.03 as of Mar. 2026. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. IFS Capital Holdings (Thailand) PCL's Revenue for the three months ended in Mar. 2026 was ฿100.9 Mil. IFS Capital Holdings (Thailand) PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿4,112.6 Mil. Therefore, IFS Capital Holdings (Thailand) PCL's Asset Turnover for the quarter that ended in Mar. 2026 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. IFS Capital Holdings (Thailand) PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 3.41%. It is also linked to ROA % through Du Pont Formula. IFS Capital Holdings (Thailand) PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 1.54%.


IFS Capital Holdings (Thailand) PCL  (BKK:IFS-R) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

IFS Capital Holdings (Thailand) PCL's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=63.224/1856.764
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(63.224 / 403.564)*(403.564 / 4112.593)*(4112.593/ 1856.764)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.67 %*0.0981*2.2149
=ROA %*Equity Multiplier
=1.54 %*2.2149
=3.41 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

IFS Capital Holdings (Thailand) PCL's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=63.224/4112.593
=(Net Income / Revenue)*(Revenue / Total Assets)
=(63.224 / 403.564)*(403.564 / 4112.593)
=Net Margin %*Asset Turnover
=15.67 %*0.0981
=1.54 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


IFS Capital Holdings (Thailand) PCL Asset Turnover Related Terms


IFS Capital Holdings (Thailand) PCL Asset Turnover Historical Data

* Premium members only.

The historical data trend for IFS Capital Holdings (Thailand) PCL's Asset Turnover 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 Asset Turnover Chart

IFS Capital Holdings (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.10 0.10 0.10 0.10

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
Asset Turnover 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 0.03 0.02 0.03 0.03 0.03

BKK:IFS-R vs V, MA, AXP: Asset Turnover Comparison

For the Credit Services subindustry, IFS Capital Holdings (Thailand) PCL's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Credit Services Industry

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

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


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

Asset Turnover measures how quickly a company turns over its asset through sales.

IFS Capital Holdings (Thailand) PCL's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=423.279/( (4090.114+4195.964)/ 2 )
=423.279/4143.039
=0.10

IFS Capital Holdings (Thailand) PCL's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=100.891/( (4195.964+4029.222)/ 2 )
=100.891/4112.593
=0.02

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.03 mean?
IFS Capital Holdings (Thailand) PCL (BKK:IFS-R) has a Asset Turnover of 0.03 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on IFS Capital Holdings (Thailand) PCL and its competitors.
Is IFS Capital Holdings (Thailand) PCL's Asset Turnover too high?
IFS Capital Holdings (Thailand) PCL's current Asset Turnover is 0.03. 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 Asset Turnover compare to V and MA?
IFS Capital Holdings (Thailand) PCL's Asset Turnover of 0.03 can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Credit Services company?
A good Asset Turnover depends on the Credit Services industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on IFS Capital Holdings (Thailand) PCL and its competitors. IFS Capital Holdings (Thailand) PCL's current Asset Turnover is 0.03. 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 Asset Turnover of 0.03. 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 Asset Turnover is 0.03. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For IFS Capital Holdings (Thailand) PCL (BKK:IFS-R), the current Asset Turnover is 0.03 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:

  • Asset Turnover: 0.03
  • GF Value™: ฿2.74 vs. price of ฿1.89 (31% below fair value)
  • GF Score™: 70/100 with 5 warning signs

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

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

฿1.89
Price
฿2.74
GF Value