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IFS Capital (Thailand) Public Company Limited

IFS Capital (Thailand) Public Company Limited

IFS.BK
IFS Capital (Thailand) Public Company LimitedTH flagStock Exchange of Thailand
1.86
THB
+0.02
- -
917.91MMarket Cap
IFS Capital (Thailand) Public Company Limited
IFS.BK
(Stock Exchange of Thailand)

Recent

price

1.86

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.57
0.52
0.66
0.76
0.72
0.69
0.69
0.75
0.83
0.83
0.68
0.71
0.77
0.78
0.8
0.86
0.85
Revenue per Share
0.2
0.14
0.23
0.25
0.28
0.24
0.28
0.31
0.34
0.47
0.27
0.31
0.32
0.32
0.28
0.19
0.26
Basic EPS, GAAP
0.37
-0.2
-2.04
0.16
0.82
- -
-0.1
-0.42
0.23
0.81
1.6
-0.76
1.05
-0.12
- -
-0.02
0.27
Free Cash Flow per Basic Share
0.08
0.08
0.1
0.11
0.13
0.14
0.13
0.1
0.15
0.17
0.23
0.14
0.16
0.16
0.17
0.15
- -
Dividend per Share
1.83
1.56
1.68
1.81
1.95
2.05
2.2
2.42
2.6
2.9
2.93
3.1
3.27
3.43
3.54
3.58
3.61
Book Value per Share
1.9
1.67
1.81
1.95
2.1
2.2
2.35
2.57
2.76
3.06
3.09
3.26
3.43
3.59
3.7
3.75
3.78
Tangible Book Value per Share
419
494
494
494
494
494
493
493
493
493
493
493
493
493
493
493
493
Basic Weighted Avg Shares
239
254
325
375
356
340
340
370
407
412
337
349
378
383
394
423
419
Sales/Revenue/Turnover
60.41
47.23
48.04
52.48
50.22
50.92
51.03
52.44
53.41
59.93
56.59
55.77
58.12
52.88
49.21
53.9
53.61
Operating Margin (%)
6
6
6
5
5
8
11
13
13
12
10
10
11
10
11
11
11
Depreciation Expense
85
68
112
125
138
118
137
151
166
232
134
153
157
158
137
95
127
Net Income, GAAP
24.98
37.27
29.32
20.35
21.76
19.87
20.3
19.97
21.68
21.73
20.45
21.01
20.37
20.22
20.11
20.57
20.64
Effective Tax Rate (%)
35.48
26.69
34.42
33.32
38.85
34.72
40.2
40.9
40.8
56.24
39.66
43.81
41.47
41.32
34.81
22.54
30.2
Profit Margin (%)
777
730
809
853
1,102
945
948
1,143
1,241
1,443
1,593
1,668
1,645
1,640
1,788
1,753
1,750
Working Capital
125
184
288
205
276
104
52
132
92
120
225
188
98
27
130
67
52
LT Debt
799
827
892
965
1,039
1,089
1,165
1,273
1,364
1,512
1,528
1,612
1,695
1,772
1,826
1,849
1,865
Total Equity
5.14
3.55
3.88
4.44
4.14
4.24
3.95
4.6
5.46
5.44
4.13
4.26
4.69
4.41
4.01
4.48
4.44
Return on Invested Capital (%)
5.49
4.98
4.01
3.61
4.19
3.7
5.4
5.49
4.13
5.8
3.72
4.35
4.32
4.44
3.64
2.42
3.24
Return on Capital (%)
12.37
8.82
13.97
14.5
14.86
11.97
13.05
13.29
13.43
17.07
9.29
10.27
9.98
9.59
7.98
5.43
7.21
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2,215
2,155
2,001
LT Borrowings
80
64
48
LT Finance Leases
3
3
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
493
493
493
Market Capitalization
1,026
1,046
928

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
4,038
3,989
3,818
Cash, Cash Equivalents & STI
685
422
456
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2,312
2,236
2,068
Payables & Accruals
96
81
67
ST Debt
2,215
2,155
2,001
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.47%
3.9%
1.26%
Free Cash Flow
-809.63%
-639.95%
-2,602.56%
Net Income, GAAP
0.74%
-5.18%
-30.38%
Sales/Revenue/Turnover
2.53%
4.71%
7.53%
Total Cash Common Dividend
4.41%
-6.65%
-11.9%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
96
96
99
103
394
2025
105
102
109
107
423
2026
101
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.07
0.07
- -
0.28
2025
-0.03
0.08
0.09
- -
0.19
2026
0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.17
2025
- -
- -
- -
- -
0.15
2026
- -
- -
- -
- -
- -
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Business
IFS Capital (Thailand) Public Company Limited (IFS.BK) is a Thailand-based financial institution specializing in factoring, leasing, hire purchase, and related services for small and medium-sized enterprises across industries including services such as recruitment and human resources, food and beverages, motor vehicles and auto parts, paper and packaging, electric appliances, construction materials, plastics, and electronic parts; it also offers confirming letters of credit/trust receipts, inventory financing, contract financing, floor plan financing, block discounting, equipment financing, domestic and export factoring, and supply chain finance solutions primarily to distributors, manufacturers, service providers, transportation firms, and renewable energy businesses. Headquartered in Bangkok and founded over 30 years ago, the company leads Thailand's factoring market with operations extending to Singapore, Malaysia, and Indonesia through worldwide alliances, recording a 2024 factoring volume of Baht 32,186.12 million and leasing/hire purchase volume of Baht 56 million. Recent developments include strategic partnerships under its Singapore-based parent group to channel Japanese institutional capital into Asia-Pacific SME private credit strategies, enhancing regional financing capabilities as announced in September 2025.