Single point incremental forming (SPIF) is a novel sheet metal forming process. Owing to unique deformation mechanism, this process improves the sheet formability as compared to the conventional stamping process. In the current paper, the mechanical properties and spifability (i.e. formability in SPIF) of a wide range of materials were tested. The mechanical properties were mainly determined through tensile testing and the spifability was evaluated using Varying Wall Angle Conical Frustum (VWACF) test. Each mechanical property was drawn against the improvement in sheet formability (i.e. difference of spifability and stampability) and the sole most influential property was identified. It was found that the improvement in formability increases with the increasing of true thickness strain at tensile fracture.