IMI Stock Overview
IMI plc, a specialist engineering company, designs, manufactures, and services engineered products worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£11.81|
|52 Week High||UK£18.78|
|52 Week Low||UK£10.69|
|1 Month Change||6.69%|
|3 Month Change||0.68%|
|1 Year Change||-28.38%|
|3 Year Change||25.99%|
|5 Year Change||-4.91%|
|Change since IPO||359.28%|
Recent News & Updates
Are Investors Undervaluing IMI plc (LON:IMI) By 39%?
Today we will run through one way of estimating the intrinsic value of IMI plc ( LON:IMI ) by taking the expected...
IMI (LON:IMI) Could Be Struggling To Allocate Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Does IMI (LON:IMI) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
IMI (LON:IMI) Is Increasing Its Dividend To £0.083
IMI plc's ( LON:IMI ) periodic dividend will be increasing on the 16th of September to £0.083, with investors receiving...
|IMI||GB Machinery||GB Market|
Return vs Industry: IMI underperformed the UK Machinery industry which returned -26.7% over the past year.
Return vs Market: IMI underperformed the UK Market which returned -14.4% over the past year.
|IMI Average Weekly Movement||5.0%|
|Machinery Industry Average Movement||5.3%|
|Market Average Movement||5.5%|
|10% most volatile stocks in GB Market||10.8%|
|10% least volatile stocks in GB Market||2.9%|
Stable Share Price: IMI is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: IMI's weekly volatility (5%) has been stable over the past year.
About the Company
IMI plc, a specialist engineering company, designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering. The IMI Precision Engineering division develops motion and fluid control technologies for industrial automation, commercial vehicle, life sciences, energy, and rail applications.
IMI Fundamentals Summary
|IMI fundamental statistics|
Is IMI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IMI income statement (TTM)|
|Cost of Revenue||UK£1.04b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.80|
|Net Profit Margin||10.68%|
How did IMI perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is IMI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for IMI?
Other financial metrics that can be useful for relative valuation.
|What is IMI's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does IMI's PE Ratio compare to its peers?
|IMI PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
WEIR Weir Group
SPX Spirax-Sarco Engineering
Price-To-Earnings vs Peers: IMI is good value based on its Price-To-Earnings Ratio (14.8x) compared to the peer average (23.3x).
Price to Earnings Ratio vs Industry
How does IMI's PE Ratio compare vs other companies in the European Machinery Industry?
Price-To-Earnings vs Industry: IMI is expensive based on its Price-To-Earnings Ratio (14.8x) compared to the European Machinery industry average (14.3x)
Price to Earnings Ratio vs Fair Ratio
What is IMI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||14.8x|
|Fair PE Ratio||24.2x|
Price-To-Earnings vs Fair Ratio: IMI is good value based on its Price-To-Earnings Ratio (14.8x) compared to the estimated Fair Price-To-Earnings Ratio (24.3x).
Share Price vs Fair Value
What is the Fair Price of IMI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: IMI (£11.81) is trading below our estimate of fair value (£18.43)
Significantly Below Fair Value: IMI is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is IMI forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IMI's forecast earnings growth (10.9% per year) is above the savings rate (0.9%).
Earnings vs Market: IMI's earnings (10.9% per year) are forecast to grow faster than the UK market (8.6% per year).
High Growth Earnings: IMI's earnings are forecast to grow, but not significantly.
Revenue vs Market: IMI's revenue (3% per year) is forecast to grow slower than the UK market (4.4% per year).
High Growth Revenue: IMI's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IMI's Return on Equity is forecast to be high in 3 years time (24.7%)
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How has IMI performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IMI has high quality earnings.
Growing Profit Margin: IMI's current net profit margins (10.7%) are higher than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: IMI's earnings have grown by 6.4% per year over the past 5 years.
Accelerating Growth: IMI's earnings growth over the past year (14%) exceeds its 5-year average (6.4% per year).
Earnings vs Industry: IMI earnings growth over the past year (14%) underperformed the Machinery industry 17.5%.
Return on Equity
High ROE: IMI's Return on Equity (23.9%) is considered high.
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How is IMI's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: IMI's short term assets (£1.0B) exceed its short term liabilities (£760.9M).
Long Term Liabilities: IMI's short term assets (£1.0B) exceed its long term liabilities (£820.1M).
Debt to Equity History and Analysis
Debt Level: IMI's net debt to equity ratio (77.3%) is considered high.
Reducing Debt: IMI's debt to equity ratio has increased from 60.4% to 93% over the past 5 years.
Debt Coverage: IMI's debt is well covered by operating cash flow (32.5%).
Interest Coverage: IMI's interest payments on its debt are well covered by EBIT (23.4x coverage).
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What is IMI current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|IMI Dividend Yield vs Market|
|Market Bottom 25% (GB)||2.1%|
|Market Top 25% (GB)||6.0%|
|Industry Average (Machinery)||2.3%|
|Analyst forecast in 3 Years (IMI)||2.5%|
Notable Dividend: IMI's dividend (2.04%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.08%).
High Dividend: IMI's dividend (2.04%) is low compared to the top 25% of dividend payers in the UK market (6.02%).
Stability and Growth of Payments
Stable Dividend: IMI's dividend payments have been volatile in the past 10 years.
Growing Dividend: IMI's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.5%), IMI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.7%), IMI's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Roy Twite (55 yo)
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 and served as its Interim Divisional Managing Director of IMI Precision...
CEO Compensation Analysis
|Roy Twite's Compensation vs IMI Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||UK£4m||UK£731k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||UK£2m||UK£684k|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||UK£2m||UK£636k|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||UK£1m||UK£475k|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||UK£1m||UK£463k|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||n/a||n/a|
|Dec 31 2016||UK£955k||UK£454k|
|Jun 30 2016||n/a||n/a|
|Mar 31 2016||n/a||n/a|
|Dec 31 2015||UK£953k||UK£445k|
Compensation vs Market: Roy's total compensation ($USD4.55M) is above average for companies of similar size in the UK market ($USD2.72M).
Compensation vs Earnings: Roy's compensation has increased by more than 20% in the past year.
Experienced Management: IMI's management team is considered experienced (3.5 years average tenure).
Experienced Board: IMI's board of directors are considered experienced (5.7 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
|01 Mar 22||BuyUK£18,629||Caroline Dowling||Individual||1,300||UK£14.33|
|11 Jan 22||BuyUK£134||Daniel Shook||Individual||8||UK£16.79|
|Owner Type||Number of Shares||Ownership Percentage|
|Employee Share Scheme||2,794,148||1.1%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
IMI plc's employee growth, exchange listings and data sources
- Name: IMI plc
- Ticker: IMI
- Exchange: LSE
- Founded: 1862
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: UK£2.939b
- Shares outstanding: 258.95m
- Website: https://www.imiplc.com
Number of Employees
- IMI plc
- Solihull Parkway
- West Midlands
- B37 7XZ
- United Kingdom
|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|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/04 00:00|
|End of Day Share Price||2022/10/04 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.