Imdex (ASX:IMD) - Stock Price, News & Analysis

IMD Stock Overview

A mining-tech company, engages in the provision of drilling optimization products, rock knowledge sensors, and data and analytics for the minerals industry in the Asia-Pacific, Africa, Europe, and the Americas.

About the company

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

Rewards

Trading at 36.2% below our estimate of its fair value

Earnings are forecast to grow 19.48% per year

Risk Analysis

No risks detected for IMD from our risk checks.

Imdex Limited Competitors

Perenti

ASX:PRN

AU$939.3m

Boart Longyear Group

ASX:BLY

AU$861.1m

Macmahon Holdings

ASX:MAH

AU$686.2m

Iluka Resources

ASX:ILU

AU$2.6b

Price History & Performance

Summary of all time highs, changes and price drops for Imdex
Historical stock prices
Current Share Price	AU$2.22
52 Week High	AU$2.44
52 Week Low	AU$1.37
Beta	1.48
11 Month Change	-1.33%
3 Month Change	0.45%
1 Year Change	38.75%
33 Year Change	-5.53%
5 Year Change	64.44%
Change since IPO	2,511.76%

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

Aug 28

Recent updates

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

Here's Why I Think Imdex (ASX:IMD) Might Deserve Your Attention Today

Feb 23

Imdex (ASX:IMD) Shareholders Will Want The ROCE Trajectory To Continue

Feb 02

An Intrinsic Calculation For Imdex Limited (ASX:IMD) Suggests It's 22% Undervalued

Dec 30

Imdex (ASX:IMD) Has A Rock Solid Balance Sheet

Dec 16

Does Imdex (ASX:IMD) Deserve A Spot On Your Watchlist?

Oct 07

Imdex's (ASX:IMD) Returns On Capital Are Heading Higher

Jun 21

Here's Why Imdex (ASX:IMD) Can Manage Its Debt Responsibly

Apr 02

Will the Promising Trends At Imdex (ASX:IMD) Continue?

Mar 20

Do Institutions Own Imdex Limited (ASX:IMD) Shares?

Mar 07

Here's Why We Think Imdex's (ASX:IMD) Statutory Earnings Might Be Conservative

Feb 22

Imdex Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 09

Need To Know: Imdex Limited (ASX:IMD) Insiders Have Been Selling Shares

Feb 03

Is Imdex Limited (ASX:IMD) Worth AU$1.7 Based On Its Intrinsic Value?

Jan 19

Did You Participate In Any Of Imdex's (ASX:IMD) Incredible 766% Return?

Jan 04

Here's Why Imdex (ASX:IMD) Can Manage Its Debt Responsibly

Dec 20

Shareholder Returns

	IMD	AU Metals and Mining	AU Market
7D	8.3%	3.2%	1.1%
1Y	38.8%	-8.5%	11.4%

Return vs Industry: IMD exceeded the Australian Metals and Mining industry which returned -8.5% over the past year.

Return vs Market: IMD exceeded the Australian Market which returned 11.4% over the past year.

Price Volatility

Is IMD's price volatile compared to industry and market?
IMD volatility
IMD Average Weekly Movement	5.5%
Metals and Mining Industry Average Movement	11.4%
Market Average Movement	8.3%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	3.5%

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

Volatility Over Time: IMD's weekly volatility (5%) 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, engages in the provision of drilling optimization products, rock knowledge sensors, and data and analytics for the minerals industry in the Asia-Pacific, Africa, Europe, and the Americas. The company sells and rents drilling optimization products, including bench characterization products, drilling fluids, structural geology products, geoscience products, directional drilling solutions, solids removal units, rig alignment technologies, and survey technology products; and rock knowledge sensors, which include down hole survey, core orientation, gamma logging, and structural orientation sensors. It also provides real-time data and analytics solutions, such as DeviCloud, a devico survey data management system; aiSIRIS, a cloud-based, mineral-interpretation AI system for portable infrared spectrometer data; and Datarock platform, that allows core imagery to be analyzed using machine-learning workflows to produce accurate geological and geotechnical data.

Imdex Limited Fundamentals Summary

How do Imdex's earnings and revenue compare to its market cap?
IMD fundamental statistics
Market cap	AU$1.14b
Earnings (TTM)	AU$32.40m
Revenue (TTM)	AU$445.28m

35.1x

P/E Ratio

2.6x

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$445.28m
Cost of Revenue	AU$127.76m
Gross Profit	AU$317.52m
Other Expenses	AU$285.12m
Earnings	AU$32.40m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.063
Gross Margin	71.31%
Net Profit Margin	7.28%
Debt/Equity Ratio	14.4%

How did IMD perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

44%

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 25 2024
Dividend Pay Date	Oct 10 2024
Days until Ex dividend	27 days
Days until Dividend pay date	42 days

Does IMD pay a reliable dividends?

See IMD dividend history and benchmarks

IMD Stock Overview

Rewards

Risk Analysis

Imdex Limited Competitors

ASX:PRN

AU$939.3m

ASX:BLY

AU$861.1m

ASX:MAH

AU$686.2m

ASX:ILU

AU$2.6b

Price History & Performance

Recent News & Updates

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

Recent updates

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

Consensus EPS estimates fall by 19%

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

Full year 2023 earnings: EPS misses analyst expectations

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

Imdex Limited Announces Ordinary Fully Franked Dividend for the Twelve Months Ended June 30, 2023, Payable on October 12, 2023

Price target decreased by 8.2% to AU$2.23

Price target decreased by 9.9% to AU$2.43

Price target decreased by 7.6% to AU$2.54

Upcoming dividend of AU$0.015 per share at 1.7% yield

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

Imdex Limited (ASX:IMD) acquired additional 10.91% stake in Datarock Holdings Pty Ltd for AUD 2 million.

First half 2023 earnings released: EPS: AU$0.057 (vs AU$0.062 in 1H 2022)

Consensus EPS estimates fall by 19%, revenue upgraded

Imdex Limited Declares Dividend for the Six Months Ended December 31, 2022, Payable on April 20, 2023

Imdex Limited (ASX:IMD) entered into a heads of agreement to acquire 40% interest in Krux Analytics Inc. for AUD 6.42 million.

Imdex Limited Announces Executive Changes

Imdex Limited Announces Executive Changes

Imdex Limited Announces That Kevin Anthony Dundo Chose Not to Seek Re-Election to the Board of Directors At the Company's Annual General Meeting

Investor sentiment improved over the past week

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

Upcoming dividend of AU$0.019 per share

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

Imdex Limited Announces Resignation of Kevin Dundo as Board of Director

Independent Non-Executive Director recently bought AU$118k worth of stock

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

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to AU$2.73

Imdex Limited to Report Fiscal Year 2023 Results on Aug 21, 2023

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

Imdex Limited to Report First Half, 2023 Results on Feb 06, 2023

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