Imdex Limited, together with its subsidiaries, provides drilling optimization products and sensors for the minerals industry in the Asia-Pacific, Africa, Europe, and the Americas.
No risks detected for IMD from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.85|
|52 Week High||AU$1.17|
|52 Week Low||AU$2.87|
|1 Month Change||21.80%|
|3 Month Change||37.68%|
|1 Year Change||125.30%|
|3 Year Change||147.83%|
|5 Year Change||371.07%|
|Change since IPO||3,252.94%|
Recent News & Updates
Does Imdex (ASX:IMD) Deserve A Spot On Your Watchlist?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
|IMD||AU Metals and Mining||AU Market|
Return vs Industry: IMD exceeded the Australian Metals and Mining industry which returned 15.4% over the past year.
Return vs Market: IMD exceeded the Australian Market which returned 24.3% over the past year.
Stable Share Price: IMD is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: IMD's weekly volatility (6%) has been stable over the past year.
About the Company
Imdex Limited, together with its subsidiaries, provides drilling optimization products and sensors for the minerals industry in the Asia-Pacific, Africa, Europe, and the Americas. The company sells and rents drilling optimization products, including drilling fluids, solids removal units, remote fluid testing technologies, rig alignment technologies, and drilling productivity technologies; and rents rock knowledge sensors, which include downhole survey, core orientation, gamma logging, structural orientation, and in-field sampling and analysis sensors. It also provides real-time data and analytics solutions, such as IMDEXHUB-IQ, a cloud-based data collection and validation platform; IMDEX Mobile, an advanced reporting software; ioGAS, a geoscience analytics software; and aiSIRIS, an interpretive mineralogy software.
Imdex Fundamentals Summary
|IMD fundamental statistics|
Is IMD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IMD income statement (TTM)|
|Cost of Revenue||AU$83.53m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 07, 2022
|Earnings per share (EPS)||0.08|
|Net Profit Margin||11.98%|
How did IMD perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is Imdex undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IMD (A$2.85) is trading below our estimate of fair value (A$3.78)
Significantly Below Fair Value: IMD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IMD is poor value based on its PE Ratio (35.7x) compared to the Australian Metals and Mining industry average (15x).
PE vs Market: IMD is poor value based on its PE Ratio (35.7x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: IMD is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: IMD is overvalued based on its PB Ratio (4.5x) compared to the AU Metals and Mining industry average (2.6x).
How is Imdex forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IMD's forecast earnings growth (16.1% per year) is above the savings rate (1.9%).
Earnings vs Market: IMD's earnings (16.1% per year) are forecast to grow faster than the Australian market (11.8% per year).
High Growth Earnings: IMD's earnings are forecast to grow, but not significantly.
Revenue vs Market: IMD's revenue (9.6% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: IMD's revenue (9.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IMD's Return on Equity is forecast to be low in 3 years time (16%).
How has Imdex performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IMD has high quality earnings.
Growing Profit Margin: IMD's current net profit margins (12%) are higher than last year (9.2%).
Past Earnings Growth Analysis
Earnings Trend: IMD has become profitable over the past 5 years, growing earnings by 32.1% per year.
Accelerating Growth: IMD's earnings growth over the past year (45.5%) exceeds its 5-year average (32.1% per year).
Earnings vs Industry: IMD earnings growth over the past year (45.5%) exceeded the Metals and Mining industry 35.3%.
Return on Equity
High ROE: IMD's Return on Equity (12.5%) is considered low.
How is Imdex's financial position?
Financial Position Analysis
Short Term Liabilities: IMD's short term assets (A$165.7M) exceed its short term liabilities (A$58.0M).
Long Term Liabilities: IMD's short term assets (A$165.7M) exceed its long term liabilities (A$55.1M).
Debt to Equity History and Analysis
Debt Level: IMD's debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: IMD's debt to equity ratio has reduced from 36.8% to 4.4% over the past 5 years.
Debt Coverage: IMD's debt is well covered by operating cash flow (511.3%).
Interest Coverage: IMD's interest payments on its debt are well covered by EBIT (14.3x coverage).
What is Imdex current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IMD's dividend (0.84%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.21%).
High Dividend: IMD's dividend (0.84%) is low compared to the top 25% of dividend payers in the Australian market (5.33%).
Stability and Growth of Payments
Stable Dividend: IMD is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.
Growing Dividend: IMD is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: IMD is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IMD's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul House (51 yo)
Mr. Paul House, GAICD, B.Com. (UWA), serves as Chief Executive Officer of Imdex Limited since July 01, 2020. He had been Chief Operating Officer at Imdex Limited since August 2018 until July 01, 2020. He j...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD861.72K) is about average for companies of similar size in the Australian market ($USD988.88K).
Compensation vs Earnings: Paul's compensation has increased by more than 20% in the past year.
Experienced Management: IMD's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: IMD's board of directors are considered experienced (5.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Imdex Limited's employee growth, exchange listings and data sources
- Name: Imdex Limited
- Ticker: IMD
- Exchange: ASX
- Founded: 1980
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$1.130b
- Shares outstanding: 396.45m
- Website: https://www.imdexlimited.com
Number of Employees
- Imdex Limited
- 216 Balcatta Road
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/27 07:05|
|End of Day Share Price||2021/10/27 00:00|
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 here.