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IFS.BK — SET (Bangkok) Corporate Financial Services

IFS Capital (Thailand) PCL

$0,18
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Mcap
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P/E
—
EV / Rev
—
Div yield
5,62 %
Op margin
66,5 %
ROE
1,6 %
Net margin
30,9 %
Debt / equity
0,95
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

IFS Capital (Thailand) PCL provides banking and financial services, including corporate financial services, and generates revenue primarily through interest income and financial intermediation.

Business. IFS Capital (Thailand) PCL (IFS.BK) is a corporate financial services company headquartered in Thailand, operating within the Banking & Investment Services sector. The firm is primarily listed on the Stock Exchange of Thailand (SET). As specific segment and geographic breakdowns are not provided, the company is described at the industry level as a provider of banking and investment services.

Classification92 %
SectorFinancials
Business sectorBanking & Investment Services
IndustryCorporate Financial Services
ActivityBanking
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
1,6 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning IFS.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to IFS.BK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    IFS Capital (Thailand) PCL (IFS.BK) is a corporate financial services company headquartered in Thailand, operating within the Banking & Investment Services sector. The firm is primarily listed on the Stock Exchange of Thailand (SET). As specific segment and geographic breakdowns are not provided, the company is described at the industry level as a provider of banking and investment services.

    Classification92 %
    SectorFinancials
    Business sectorBanking & Investment Services
    IndustryCorporate Financial Services
    ActivityBanking
    AI synthesis
    GENERATED

    IFS Capital (Thailand) PCL maintains a liquidity position with a current ratio of 1.95, indicating the company can cover its short-term liabilities with its short-term assets. The company's liquidity_fpt score suggests a medium liquidity risk, with a negative net cash position after subtracting total debt, which may constrain its ability to meet short-term obligations without external financing.

    In terms of profitability, the company's return on equity (ROE) is 1.64%, and its return on assets (ROA) is 0.82%. These figures are below the industry median for corporate financial services, suggesting that the company is underperforming in terms of capital efficiency and asset utilization.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases the risk of revenue volatility due to economic or regulatory changes in Thailand.

    Looking at the growth trajectory, the company's revenue has remained relatively stable, with no significant year-over-year growth reported. The outlook for the current fiscal year does not indicate a substantial change in revenue direction, and the next fiscal year is expected to follow a similar trend.

    The risk assessment highlights a medium liquidity risk and a low dilution risk. The company's debt-to-equity ratio of 0.95 suggests a moderate level of leverage, and the dilution risk is low, with no significant dilution sources identified in the recent filings.

    Recent events, including filings and transcripts, have not indicated any major strategic shifts or operational disruptions. The company's capital expenditure is minimal, and there are no significant investments in research and development, which is typical for a corporate financial services firm.

    Key takeaways
    • IFS Capital (Thailand) PCL has a current ratio of 1.95, indicating a moderate ability to meet short-term obligations.
    • The company's ROE of 1.64% and ROA of 0.82% are below the industry median, suggesting underperformance in capital efficiency.
    • Revenue is concentrated in a single business segment, increasing exposure to regional economic and regulatory risks.
    • The company's liquidity risk is medium, with a negative net cash position after subtracting total debt.
    • No significant dilution sources are identified, and the dilution risk is low.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 3

    Revenue grew 7.5% year-over-year to THB 423.3 million, showing continued top-line expansion despite profit pressures.

    Cash conversion ratio of 7.23 is best-in-class compared to the 0.21 cohort median, highlighting exceptional cash generation.

    Operating income increased 14.1% year-over-year to THB 285.0 million, outpacing revenue growth and improving leverage.

    BEAR CASE · 3

    Return on equity of 1.6% is well below the 4.8% cohort median, indicating poor capital efficiency.

    High credit risk flag suggests potential future losses or provisioning needs that could further erode earnings.

    Net income CAGR of -11.1% over four years reflects a persistent long-term decline in profitability.

    In focus — financials by report

    Valuation FY

    Market price
    $0,18
    Market cap
    —
    Enterprise valueⓘ
    —
    P/Eⓘ
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    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    $1.80B
    Net cashⓘ
    -$1.37B
    Current ratioⓘ
    1.9
    Debt / equityⓘ
    0.9
    ROAⓘ
    0.8%
    ROEⓘ
    1.6%
    Cash conversionⓘ
    723.0%
    CapEx / revenueⓘ
    -0.2%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin66,5 %Above median
    Net Margin30,9 %Above median
    ROE1,6 %Below median
    Capex / Rev-0,2 %Above median
    D/E0,95Below median
    Cash Conv7,23Best in class

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • IFS Capital (Thailand) PCL Market data — financials · 2026-05-28

    Ownership & reference

    Leadership

    • Ley Yen TanChief Executive Officer, Executive Director

    Insider activity

    — missing data

    Short positioning

    459.6Kshares short+6.4% vs prior
    2.43days to cover
    40.2%short of daily vol
    479fails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    IFS.BKCanonical
    SET (Bangkok) · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-05-01 13:20 UTCFILINGRegulatory filing →
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage