Imdex (IMD) Stock Overview

A mining-tech company, provides drilling products, rock knowledge sensors, and data and analytics for the minerals industry in the Asia-Pacific, the Middle East, Africa, Europe, and the Americas. More details

IMD fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	5/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 29.1% below our estimate of its fair value

Earnings are forecast to grow 9.53% per year

Earnings grew by 70.3% over the past year

Risk Analysis

No risks detected for IMD from our risk checks.

IMD Community Fair Values

Create Narrative

See what 11 others think this stock is worth. Follow their fair value or set your own to get alerts.

Imdex

AnalystConsensusTarget

Consensus Narrative from 9 Analysts

Critical Minerals Demand And Digital Mining Will Diversify Markets

Key Takeaways Strong industry demand, digital adoption, and expansion into new markets are driving sustained revenue growth and increased market diversification. Continued innovation and a robust financial position support margin expansion, earnings stability, and strategic growth initiatives.

View narrative

AU$3.42

1.5% undervalued

7.95%

Revenue growth p.a.

13 days ago

View Stock Community

Imdex Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Imdex
Historical stock prices
Current Share Price	AU$3.37
52 Week High	AU$3.47
52 Week Low	AU$2.04
Beta	1.25
1 Month Change	-0.88%
3 Month Change	22.99%
1 Year Change	50.45%
3 Year Change	66.83%
5 Year Change	147.79%
Change since IPO	3,864.71%

Recent updates

Imdex Limited's (ASX:IMD) Popularity With Investors Is Under Threat From Overpricing

Aug 11

Be Wary Of Imdex (ASX:IMD) And Its Returns On Capital

Jul 22

Imdex (ASX:IMD) Seems To Use Debt Rather Sparingly

Jun 25

Calculating The Intrinsic Value Of Imdex Limited (ASX:IMD)

Apr 30

Be Wary Of Imdex (ASX:IMD) And Its Returns On Capital

Mar 13

Acquisitions Like Devico And Technologies Like OMNIx Will Strengthen Future Market Position

Mar 11 Imdex's innovation-driven growth strategy, supported by R&D, is boosting revenues and margins through high-margin products and technologies like OMNIx and LOGRx.

Why Investors Shouldn't Be Surprised By Imdex Limited's (ASX:IMD) P/E

Jan 21

Imdex Limited's (ASX:IMD) Intrinsic Value Is Potentially 46% Above Its Share Price

Dec 12

Earnings Tell The Story For Imdex Limited (ASX:IMD)

Sep 27

Is There An Opportunity With Imdex Limited's (ASX:IMD) 36% Undervaluation?

Aug 28

A Look At The Intrinsic Value Of Imdex Limited (ASX:IMD)

May 08

Be Wary Of Imdex (ASX:IMD) And Its Returns On Capital

Mar 26

Investors Appear Satisfied With Imdex Limited's (ASX:IMD) Prospects As Shares Rocket 32%

Mar 05

The Returns On Capital At Imdex (ASX:IMD) Don't Inspire Confidence

Dec 01

Imdex's (ASX:IMD) Dividend Will Be Increased To A$0.021

Sep 15

Imdex (ASX:IMD) Is Increasing Its Dividend To A$0.021

Aug 30

Is Imdex Limited (ASX:IMD) Trading At A 42% Discount?

Aug 28

Estimating The Fair Value Of Imdex Limited (ASX:IMD)

Mar 15

Imdex (ASX:IMD) Will Pay A Larger Dividend Than Last Year At A$0.019

Sep 19

Imdex (ASX:IMD) Is Increasing Its Dividend To A$0.019

Sep 05

Imdex (ASX:IMD) Will Pay A Larger Dividend Than Last Year At A$0.019

Aug 17

Imdex (ASX:IMD) Is Experiencing Growth In Returns On Capital

Aug 08

Are Investors Undervaluing Imdex Limited (ASX:IMD) By 25%?

Jun 09

Shareholder Returns

	IMD	AU Metals and Mining	AU Market
7D	5.3%	0.5%	0.8%
1Y	50.4%	17.9%	9.2%

Return vs Industry: IMD exceeded the Australian Metals and Mining industry which returned 17.9% over the past year.

Return vs Market: IMD exceeded the Australian Market which returned 9.2% over the past year.

Price Volatility

Is IMD's price volatile compared to industry and market?
IMD volatility
IMD Average Weekly Movement	6.2%
Metals and Mining Industry Average Movement	11.7%
Market Average Movement	9.0%
10% most volatile stocks in AU Market	18.9%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: IMD has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: IMD's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1980	816	Paul House	www.imdex.com

Imdex Limited, a mining-tech company, provides drilling products, rock knowledge sensors, and data and analytics for the minerals industry in the Asia-Pacific, the Middle East, Africa, Europe, and the Americas. The company offers bench characterization products, software suites, drilling fluids, structural geology products, geoscience products, directional drilling solutions, solids removal units, and survey technology products; and rock knowledge sensors. It also provides software products, such as aiSIRIS, a cloud-based mineral-interpretation AI system for portable infrared spectrometer data; and Datarock, a mining technology company that offers both products and services centred around using machine learning for geoscience data.

Imdex Limited Fundamentals Summary

How do Imdex's earnings and revenue compare to its market cap?
IMD fundamental statistics
Market cap	AU$1.72b
Earnings (TTM)	AU$55.19m
Revenue (TTM)	AU$431.78m

31.3x

P/E Ratio

4.0x

P/S Ratio

Is IMD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IMD income statement (TTM)
Revenue	AU$431.78m
Cost of Revenue	AU$117.85m
Gross Profit	AU$313.92m
Other Expenses	AU$258.73m
Earnings	AU$55.19m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Oct 16, 2025

Earnings per share (EPS)	0.11
Gross Margin	72.71%
Net Profit Margin	12.78%
Debt/Equity Ratio	8.8%

How did IMD perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

23%

Payout Ratio

Does IMD pay a reliable dividends?

See IMD dividend history and benchmarks

When do you need to buy IMD by to receive an upcoming dividend?
Imdex dividend dates
Ex Dividend Date	Sep 24 2025
Dividend Pay Date	Oct 09 2025
Days until Ex dividend	6 days
Days until Dividend pay date	21 days

Does IMD pay a reliable dividends?

See IMD dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/09/17 14:34
End of Day Share Price	2025/09/17 00:00
Earnings	2025/06/30
Annual Earnings	2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Imdex Limited is covered by 28 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Swapan Pandya	APP Securities Pty Ltd.
Megan Kirby-Lewis	Barrenjoey Markets Pty Limited
Josh Kannourakis	Barrenjoey Markets Pty Limited

Imdex (IMD) Stock Overview

Rewards

Risk Analysis

Critical Minerals Demand And Digital Mining Will Diversify Markets

Imdex Limited Competitors

Perenti

Macmahon Holdings

Iluka Resources

Metals X

Price History & Performance

Recent News & Updates

Upcoming dividend of AU$0.01 per share

Imdex Limited, Annual General Meeting, Oct 16, 2025

MD, CEO & Director exercised options to buy AU$750k worth of stock.

Consensus EPS estimates fall by 14%, revenue upgraded

Imdex Limited (ASX:IMD) completed the acquisition of 80.50% stake in Earth Science Analytics AS from from non-employee shareholders.

Final dividend reduced to AU$0.01

Recent updates

Upcoming dividend of AU$0.01 per share

Imdex Limited, Annual General Meeting, Oct 16, 2025

MD, CEO & Director exercised options to buy AU$750k worth of stock.

Consensus EPS estimates fall by 14%, revenue upgraded

Imdex Limited (ASX:IMD) completed the acquisition of 80.50% stake in Earth Science Analytics AS from from non-employee shareholders.

Final dividend reduced to AU$0.01

Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased by 9.4% to AU$3.27

Imdex Limited Announces Ordinary Fully Paid Distribution for the Full Year Ended June 30, 2025, Payable on October 09, 2025

Now 21% overvalued after recent price rise

Imdex Limited to Report Fiscal Year 2026 Results on Aug 17, 2026

Imdex Limited's (ASX:IMD) Popularity With Investors Is Under Threat From Overpricing

Imdex Limited (ASX:IMD) agreed to acquire 80.50% stake in Earth Science Analytics AS from from non-employee shareholders for approximately NOK 170 million.

Be Wary Of Imdex (ASX:IMD) And Its Returns On Capital

Imdex (ASX:IMD) Seems To Use Debt Rather Sparingly

Imdex Limited to Report Q1, 2026 Results on Oct 16, 2025

Calculating The Intrinsic Value Of Imdex Limited (ASX:IMD)

Now 22% undervalued

Be Wary Of Imdex (ASX:IMD) And Its Returns On Capital

Acquisitions Like Devico And Technologies Like OMNIx Will Strengthen Future Market Position

Upcoming dividend of AU$0.015 per share

Investor sentiment improves as stock rises 15%

First half dividend of AU$0.015 announced

First half 2025 earnings released: EPS: AU$0.061 (vs AU$0.033 in 1H 2024)

Price target increased by 22% to AU$2.87

Consensus EPS estimates increase by 12%, revenue downgraded

Imdex Limited Declares Interim Fully Franked Dividend

Why Investors Shouldn't Be Surprised By Imdex Limited's (ASX:IMD) P/E

Imdex Limited's (ASX:IMD) Intrinsic Value Is Potentially 46% Above Its Share Price

Earnings Tell The Story For Imdex Limited (ASX:IMD)

Upcoming dividend of AU$0.013 per share

MD, CEO & Director exercised options to buy AU$952k worth of stock.

Imdex Limited, Annual General Meeting, Oct 17, 2024

Imdex Limited to Report Fiscal Year 2025 Results on Aug 20, 2025

Is There An Opportunity With Imdex Limited's (ASX:IMD) 36% Undervaluation?

Consensus EPS estimates fall by 11%

Final dividend reduced to AU$0.013

Imdex Limited Announces Ordinary Fully Franked Dividend for the Twelve Months Ended June 30, 2024, Payable on October 10, 2024

Full year 2024 earnings: EPS and revenues miss analyst expectations

Now 22% undervalued

Imdex Limited Announces Chief Financial Officer Changes

MD, CEO & Director exercised options to buy AU$125k worth of stock.

A Look At The Intrinsic Value Of Imdex Limited (ASX:IMD)

Be Wary Of Imdex (ASX:IMD) And Its Returns On Capital

Upcoming dividend of AU$0.015 per share

Investors Appear Satisfied With Imdex Limited's (ASX:IMD) Prospects As Shares Rocket 32%

Now 21% undervalued

Consensus EPS estimates fall by 11%, revenue upgraded

First half 2024 earnings released: EPS: AU$0.033 (vs AU$0.057 in 1H 2023)

Price target increased by 9.6% to AU$2.18

Investor sentiment improves as stock rises 22%

Now 21% undervalued

Investor sentiment improves as stock rises 15%

The Returns On Capital At Imdex (ASX:IMD) Don't Inspire Confidence

Imdex Limited to Report First Half, 2024 Results on Feb 19, 2024

Less than half of directors are independent

Imdex Limited Appoints Tracey Horton Ao as Non-Executive Director

Investor sentiment improves as stock rises 16%

Upcoming dividend of AU$0.021 per share at 2.5% yield

Imdex Limited Announces the Retirement of Ivan Gustavino as Non-Executive Director, Effective October 19, 2023

Imdex's (ASX:IMD) Dividend Will Be Increased To A$0.021

Non-Executive Chairman recently sold AU$106k worth of stock