Market Cap
UK£2.8b
Last Updated
2019/09/15 20:42 UTC
Data Sources
Company Financials +
Executive Summary
IMI plc designs, manufactures, and services engineered products worldwide.
Snowflake
Fundamentals
Solid track record established dividend payer.
Similar Companies
Share Price & News
How has IMI's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.2%
LSE:IMI
2.2%
GB Machinery
1.6%
GB Market
1 Year Return
-10.5%
LSE:IMI
-4.0%
GB Machinery
0.3%
GB Market
IMI underperformed the Machinery industry which returned -4% over the past year.
IMI underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 0.3% over the past year.
Share holder returns
| IMI | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | 2.2% | 1.6% |
| 30 Day | 10.5% | 10.6% | 5.7% |
| 90 Day | 5.1% | -0.2% | 1.3% |
| 1 Year | -6.7%-10.5% | -1.3%-4.0% | 5.1%0.3% |
| 3 Year | 6.8%-4.5% | 36.2%26.1% | 23.7%9.0% |
| 5 Year | -7.0%-22.7% | 20.0%3.7% | 29.9%2.5% |
Price Volatility Vs. Market
How volatile is IMI's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Does IMI (LON:IMI) Have A Healthy Balance Sheet?2 weeks ago | Simply Wall St
Here's How We Evaluate IMI plc's (LON:IMI) Dividend3 weeks ago | Simply Wall St
Does Market Volatility Impact IMI plc's (LON:IMI) Share Price?Valuation
Is IMI undervalued based on future cash flows and its price relative to the stock market?
16.37x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
IMI's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
IMI's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
IMI is good value based on earnings compared to the GB Machinery industry average.
IMI is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price Based on Expected Growth
IMI is poor value based on expected growth next year.
Price Based on Value of Assets
IMI is overvalued based on assets compared to the GB Machinery industry average.
Next Steps
Future Growth
How is IMI expected to perform in the next 1 to 3 years based on estimates from 16 analysts?
10.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
IMI's revenue is expected to grow by 2.9% yearly, however this is not considered high growth (20% yearly).
IMI's earnings are expected to grow by 10.2% yearly, however this is not considered high growth (20% yearly).
IMI's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
IMI's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
IMI's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Earnings per Share Growth Estimates
Future Return on Equity
IMI is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Next Steps
Past Performance
How has IMI performed over the past 5 years?
-1.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
IMI's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
IMI's 1-year earnings growth exceeds its 5-year average (16.2% vs -1.3%)
IMI's earnings growth has exceeded the GB Machinery industry average in the past year (16.2% vs 8%).
Return on Equity
IMI has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
Return on Assets
IMI used its assets more efficiently than the GB Machinery industry average last year based on Return on Assets.
Return on Capital Employed
IMI has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is IMI's financial position?
Financial Position Analysis
IMI is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
IMI's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
IMI's level of debt (78.1%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (60.9% vs 78.1% today).
Debt is well covered by operating cash flow (51%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 18.4x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.6x debt.
Next Steps
Dividend
What is IMI's current dividend yield, its reliability and sustainability?
4.20%
Expected Dividend Yield
Dividend Yield and Payments Analysis
IMI's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.99%).
IMI's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.5%).
Dividends per share have been stable in the past 10 years.
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are covered by earnings (1.5x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be covered by earnings (1.8x coverage).
Next Steps
Management
What is the CEO of IMI's salary, the management and board of directors tenure and is there insider trading?
3.6yrs
Average management tenure
CEO
Roy Twite (52yo)
0.3yrs
Tenure
UK£1,392,000
Compensation
Mr. Roy M. Twite has been the Chief Executive Officer at IMI Plc since May 9, 2019 and its Executive Director since February 1, 2007. Mr. Twite served as Divisional Managing Director of IMI Critical Engine ...
CEO Compensation Analysis
Roy's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Roy's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
3.6yrs
Average Tenure
52yo
Average Age
The tenure for the IMI management team is about average.
Board Age and Tenure
4.2yrs
Average Tenure
63yo
Average Age
The tenure for the IMI board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Shares | 13 |
| Max Price | UK£10.01 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 13 |
| Max Price | UK£10.01 |
| Entity | Individual |
| Role | Member of the Board of Directors Finance Director & Director |
| Shares | 13 |
| Max Price | UK£10.01 |
| Entity | Individual |
| Shares | 13 |
| Max Price | UK£10.01 |
Ownership Breakdown
Management Team
Massimo Grassi (57yo)
Divisional Managing Director of IMI Precision Engineering
- Tenure: 4.3yrs
John O'Shea
Group Legal Director & Company Secretary
- Tenure: 3yrs
Roy Twite (52yo)
CEO & Director
- Tenure: 0.3yrs
- Compensation: UK£1.39m
Dan Shook (52yo)
Finance Director & Director
- Tenure: 4.7yrs
- Compensation: UK£1.19m
Phil Clifton (59yo)
Divisional Managing Director of IMI Hydronic Engineering
- Tenure: 1.7yrs
Geoff Tranfield
Group Human Resources Director
- Tenure: 5.7yrs
Jackie Hu
Divisional Managing Director of Critical Engineering
- Tenure: 0.5yrs
Ian Johnson (47yo)
Chief Financial Officer of IMI Critical Engineering
- Tenure: 5.9yrs
Mike Semens-Flanagan
Chief Technology Officer at IMI Critical Engineering
- Tenure: 1.9yrs
John Dean
Head of Investor Relations
- Tenure: 4.4yrs
Board Members
Carl-Peter Forster (65yo)
Senior Independent Director
- Tenure: 1.8yrs
- Compensation: UK£66.00k
Robert Smith (75yo)
Chairman of the Board
- Tenure: 4.3yrs
- Compensation: UK£325.00k
Birgit Nørgaard (61yo)
Employee Engagement Non-Executive Director
- Tenure: 6.8yrs
- Compensation: UK£88.00k
Roy Twite (52yo)
CEO & Director
- Tenure: 0.3yrs
- Compensation: UK£1.39m
Dan Shook (52yo)
Finance Director & Director
- Tenure: 4.7yrs
- Compensation: UK£1.19m
Thomas Andersen (64yo)
Independent Non-Executive Director
- Tenure: 1.2yrs
- Compensation: UK£37.00k
Katie Jackson
Independent Non-Executive Director
- Tenure: 1.2yrs
- Compensation: UK£33.00k
Isobel Sharp (63yo)
Independent Non-Executive Director
- Tenure: 4yrs
- Compensation: UK£85.00k
Company Information
IMI plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: IMI plc
- Ticker: IMI
- Exchange: LSE
- Founded: 1862
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: UK£2.769b
- Shares outstanding: 270.82m
- Website: https://www.imiplc.com
Number of Employees
Location
- IMI plc
- Lakeside
- Solihull Parkway
- Birmingham
- West Midlands
- B37 7XZ
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IMIA.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| IMI | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| IMI1 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| IMIL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| IMIA.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR NE | US | USD | Jan 2011 |
Biography
IMI plc designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Critical Engineering, IMI Precision Engineering, and IMI Hydronic Engineering. T ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/15 20:42 |
| End of Day Share Price | 2019/09/13 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.