International Personal Finance (IPF) AI Stock Analysis

• Market Cap: £543.83M
• Dividend Yield: 4.39%
• Average Volume (3M): 1.10M
• Price to Earnings (P/E): 10.0
• Beta (1Y): 0.76
• Revenue Growth: -7.52%
• EPS Growth: 50.23%
• Country: UK
• Employees: 8,351
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): 0.11
• Shares Outstanding: 219,846,660
• 10 Day Avg. Volume: 1,392,662
• 30 Day Avg. Volume: 1,098,286
• PEG Ratio: -1.27
• Price to Book (P/B): 0.94
• Price to Sales (P/S): 0.69
• P/FCF Ratio: -42.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.27
• Revenue Forecast (FY): £881.40M

• Rating: 67 Neutral
• Price Target: 234.00p ▼(-0.43% Downside)
• Action: Downgraded Date: 10/03/25
• Date: Action: Downgraded 10/03/25

The stock's overall score is driven by strong technical indicators and an attractive valuation, despite financial performance challenges. The bullish momentum and undervaluation are significant positives, while financial risks due to high leverage and negative cash flow are concerns.

Positive Factors

Receivables and Customer Growth

Sustained lending and receivables growth with receivables topping £1bn indicates durable expansion of the core interest-earning asset base. Scale and rising customer counts diversify revenue sources across markets and support long-term finance income assuming credit performance holds.

Improving Credit Quality and Healthy Margins

A falling impairment rate alongside solid operating margins signals resilient underwriting and profitable lending economics. Improved credit performance materially reduces volatility in provisions and supports sustainable net interest margins and returns over the medium term.

Funding Access and Lowered Funding Costs

Accessible facilities, meaningful headroom and a lower blended funding cost enhance liquidity and net interest spread resilience. Reliable funding and stable ratings provide structural capacity to finance receivables growth and absorb short-term portfolio cash flow variability.

Negative Factors

Volatile and Weak Cash Generation

Inconsistent conversion of earnings into cash increases dependence on external funding and working-capital dynamics. For a consumer-lending franchise this heightens refinancing and liquidity risk, complicates dividend and reinvestment plans, and raises sensitivity to credit-cycle downturns.

Elevated Leverage and Balance Sheet Sensitivity

Sustained leverage narrows the margin for error in a non-prime lending model. Elevated debt-to-equity magnifies losses from deterioration in receivables, limits strategic flexibility, and increases funding cost and refinancing risk if macro or credit conditions worsen.

Regulatory Uncertainty (CCD II)

Potential regulatory changes that restrict pricing, fees or acquisition channels are structural risks to lending economics. If enacted, they could compress yields, raise customer acquisition costs and force product redesigns, materially altering long-term revenue and margin assumptions.

International Personal Finance Business Overview & Revenue Model

Company Description

International Personal Finance plc, together with its subsidiaries, provides consumer credit in Europe and Mexico. The company offers home credit products, such as money transfer loans direct to bank account, cash and microbusiness loans, home, medical and life insurances, and repayments services. It also offers digital business services comprising of instalment loans and repayment schedules, credit line products, and mobile wallet payments. The company offers its products under the Provident, Credit24, hapiloans, and Creditea brands. International Personal Finance plc was founded in 1997 and is headquartered in Leeds, the United Kingdom.

How the Company Makes Money

IPF generates revenue primarily through the interest and fees charged on the personal loans it provides to consumers. The company typically offers loans with varying terms and interest rates, allowing it to cater to a diverse customer base. Key revenue streams include the interest income from loan repayments, late fees, and other service fees associated with the loans. Additionally, IPF focuses on building strong customer relationships to encourage repeat borrowing, which further enhances its revenue potential. The company may also engage in strategic partnerships with local businesses and financial institutions to expand its reach and improve customer acquisition, contributing to its overall earnings.

International Personal Finance Financial Statement Overview

Summary

International Personal Finance demonstrates strong gross margins and operational efficiency but faces challenges with revenue growth and cash flow management. The high leverage and negative free cash flow indicate potential financial risks, although return on equity remains solid.

Income Statement

The company shows a strong gross profit margin of 84.41% TTM, indicating efficient cost management. However, the net profit margin is moderate at 10.28% TTM, reflecting some profitability challenges. Revenue growth is negative at -1.67% TTM, suggesting a decline in sales compared to previous periods. EBIT and EBITDA margins are healthy, indicating good operational efficiency.

Balance Sheet

The debt-to-equity ratio is relatively high at 1.17 TTM, indicating significant leverage, which could pose financial risks. Return on equity is solid at 14.92% TTM, showing effective use of equity to generate profits. The equity ratio is moderate, suggesting a balanced capital structure but with potential leverage concerns.

Cash Flow

The company faces challenges with free cash flow, which is negative TTM, indicating potential liquidity issues. The operating cash flow to net income ratio is low at 0.02 TTM, suggesting limited cash generation relative to net income. Free cash flow to net income is negative, highlighting cash flow constraints.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	737.50M	655.90M	767.80M	645.50M	548.70M
Gross Profit	708.70M	655.90M	598.40M	538.80M	438.50M
EBITDA	187.40M	0.00	190.10M	172.70M	150.80M
Net Income	54.20M	60.90M	48.00M	56.80M	41.90M
Balance Sheet
Total Assets	1.34B	1.14B	1.19B	1.17B	999.30M
Cash, Cash Equivalents and Short-Term Investments	30.40M	27.60M	42.50M	50.70M	41.70M
Total Debt	654.50M	535.80M	535.40M	570.20M	490.30M
Total Liabilities	791.30M	675.40M	687.10M	725.90M	632.20M
Stockholders Equity	546.00M	466.30M	501.90M	445.20M	367.10M
Cash Flow
Free Cash Flow	-11.90M	600.00K	63.20M	-24.70M	-40.20M
Operating Cash Flow	-4.50M	24.80M	85.80M	-900.00K	-24.80M
Investing Cash Flow	-35.20M	-24.10M	-22.60M	-23.50M	-15.20M
Financing Cash Flow	40.70M	-12.60M	-72.70M	27.20M	-32.20M

International Personal Finance Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 235.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:IPF, the sentiment is Positive. The current price of 235 is below the 20-day moving average (MA) of 238.50, below the 50-day MA of 235.31, and above the 200-day MA of 203.29, indicating a bullish trend. The MACD of 3.59 indicates Negative momentum. The RSI at 72.67 is Negative, neither overbought nor oversold. The STOCH value of 80.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:IPF.

International Personal Finance Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ORCH	75 Outperform	£13.24M	4.18	15.17%	3.33%	8.91%	94.32%
SUS	74 Outperform	£266.10M	13.76	8.41%	5.33%	-11.17%	6.04%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
IPF	67 Neutral	£543.83M	9.99	14.70%	4.39%	-7.52%	50.23%
ASAI	61 Neutral	£225.00M	7.56	39.40%	4.74%	―	―
VANQ	49 Neutral	£287.62M	33.16	-16.30%	―	-3.77%	-147.20%
AMGO	48 Neutral	£27.96M	-65.63	―	―	-97.14%	98.49%

International Personal Finance Corporate Events

International Personal Finance updates total voting rights and share capital

International Personal Finance Plc has confirmed its current share capital structure and voting rights as of 28 February 2026. The company reported an issued share capital of 224,610,034 ordinary shares of 10 pence each, of which 4,763,374 are held in treasury, leaving 219,846,660 shares carrying voting rights.

The stated total of 219,846,660 voting rights will serve as the reference figure for investors when calculating whether they must disclose holdings or changes in holdings under the FCA’s Disclosure Guidance and Transparency Rules. This update provides clarity for shareholders and supports regulatory compliance in relation to significant shareholdings and market transparency.

The most recent analyst rating on (GB:IPF) stock is a Hold with a £241.00 price target. To see the full list of analyst forecasts on International Personal Finance stock, see the GB:IPF Stock Forecast page.

International Personal Finance lifts profits, expands lending and backs higher takeover offer

International Personal Finance reported a 4.0% rise in pre-exceptional profit before tax to £88.6m for 2025, driven by an 11.8% increase in customer lending and a 13.9% rise in closing net receivables at constant exchange rates. Customer numbers grew 4.7% to 1.7 million, credit quality improved with an impairment rate of 9.0%, and the board proposed a higher full-year dividend of 12.8 pence per share, reflecting a strong balance sheet and funding headroom of £129m.

Operationally, the group accelerated its Next Gen growth strategy, scaling ProviSmart credit cards in Poland, launching a card pilot in Romania, expanding retail partnerships in Romania and Mexico, and rolling out short-term loans in Mexico and Poland. The board also backed an increased 250p-per-share takeover offer from IPF Parent Holdings’ BasePoint, implying a roughly 40% premium to the pre-offer share price and signalling a potential change of ownership for shareholders as the company commits an extra £5m annually to growth initiatives over the next two to three years.

The most recent analyst rating on (GB:IPF) stock is a Hold with a £241.00 price target. To see the full list of analyst forecasts on International Personal Finance stock, see the GB:IPF Stock Forecast page.

International Personal Finance awards over 1.1m shares to top executives under incentive plans

International Personal Finance has awarded a total of 1,112,986 ordinary shares to four senior executives under its Restricted Share Plan and Deferred Share Plan, with grants made on 29 December 2025 outside a trading venue at nil cost to the recipients. Chief executive Gerard Ryan received 511,524 shares in aggregate, chief financial officer Gary Thompson 380,709 shares, chief legal officer Thomas Crane 119,804 shares and chief marketing officer Thomas Allder 100,949 shares, underscoring the company’s continued reliance on equity-based incentives to retain key leaders and tie their remuneration to long-term shareholder value.

The most recent analyst rating on (GB:IPF) stock is a Hold with a £241.00 price target. To see the full list of analyst forecasts on International Personal Finance stock, see the GB:IPF Stock Forecast page.

International Personal Finance Confirms Total Voting Rights

International Personal Finance has confirmed its total voting rights as at 31 December 2025, reporting issued share capital of 224,610,034 ordinary shares of 10 pence each, of which 4,777,987 are held in treasury. This leaves 219,832,047 voting rights in issue, a figure the company highlights as the reference denominator for shareholders assessing whether they must disclose holdings or changes in holdings under the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, ensuring ongoing compliance with market transparency requirements.

IPF Extends Deadline for BasePoint’s Potential Acquisition Offer

International Personal Finance Plc (IPF) has announced an extension of the deadline for BasePoint Capital LLC to finalize its financing arrangements for a potential cash offer to acquire IPF. The revised offer would allow IPF shareholders to receive 235 pence per share, with an additional entitlement to a final dividend. The extension reflects BasePoint’s progress in securing financing, although there is no certainty that a firm offer will be made. This development could impact IPF’s market positioning and shareholder value, pending further announcements.

IPF Extends Deadline for BasePoint’s Potential Acquisition Offer

International Personal Finance Plc has announced an extension to the deadline for BasePoint Capital LLC to finalize its financing arrangements for a potential cash offer to acquire the entire share capital of IPF. The extension, granted by the Board and consented by the Panel, pushes the deadline to December 31, 2025. This move indicates progress in the acquisition talks, although there is no certainty that a firm offer will be made. Stakeholders are advised to stay informed as further announcements are expected.