Market Cap
UK£3.8b
Last Updated
2021/04/12 17:35 UTC
Data Sources
Company Financials +
Executive Summary
IMI plc, a specialist engineering company, designs, manufactures, and services engineered products worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Outstanding track record with excellent balance sheet.
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
Stable Share Price: IMI is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: IMI's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.0%
IMI
3.5%
GB Machinery
2.4%
GB Market
1 Year Return
62.0%
IMI
54.4%
GB Machinery
23.6%
GB Market
Return vs Industry: IMI exceeded the UK Machinery industry which returned 54.4% over the past year.
Return vs Market: IMI exceeded the UK Market which returned 23.6% over the past year.
Shareholder returns
| IMI | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | 3.5% | 2.4% |
| 30 Day | 2.9% | 3.1% | 3.0% |
| 90 Day | 7.3% | 4.6% | 4.0% |
| 1 Year | 69.1%62.0% | 57.2%54.4% | 29.4%23.6% |
| 3 Year | 42.5%29.3% | 37.3%28.4% | 14.8%1.3% |
| 5 Year | 69.4%43.1% | 127.8%101.3% | 40.4%14.0% |
Long-Term 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
3 days ago | Simply Wall St
IMI plc (LON:IMI) On An Uptrend: Could Fundamentals Be Driving The Stock?2 weeks ago | Simply Wall St
There's A Lot To Like About IMI's (LON:IMI) Upcoming UK£0.15 Dividend3 weeks ago | Simply Wall St
Daniel Shook Is The Finance Director & Director of IMI plc (LON:IMI) And They Just Sold 27% Of Their SharesValuation
Is IMI undervalued compared to its fair value and its price relative to the market?
21.56x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: IMI (£13.9) is trading above our estimate of fair value (£11.56)
Significantly Below Fair Value: IMI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IMI is good value based on its PE Ratio (22.2x) compared to the GB Machinery industry average (32.7x).
PE vs Market: IMI is good value based on its PE Ratio (22.2x) compared to the UK market (25.7x).
Price to Earnings Growth Ratio
PEG Ratio: IMI is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: IMI is overvalued based on its PB Ratio (4.7x) compared to the GB Machinery industry average (2.2x).
Future Growth
How is IMI forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
11.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IMI's forecast earnings growth (11.5% per year) is above the savings rate (1%).
Earnings vs Market: IMI's earnings (11.5% per year) are forecast to grow slower than the UK market (21.5% per year).
High Growth Earnings: IMI's earnings are forecast to grow, but not significantly.
Revenue vs Market: IMI's revenue (2.5% per year) is forecast to grow slower than the UK market (6.7% per year).
High Growth Revenue: IMI's revenue (2.5% 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 (21.5%)
Past Performance
How has IMI performed over the past 5 years?
7.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IMI has high quality earnings.
Growing Profit Margin: IMI's current net profit margins (9.3%) are higher than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: IMI's earnings have grown by 7.2% per year over the past 5 years.
Accelerating Growth: IMI's earnings growth over the past year (11%) exceeds its 5-year average (7.2% per year).
Earnings vs Industry: IMI earnings growth over the past year (11%) exceeded the Machinery industry -12%.
Return on Equity
High ROE: IMI's Return on Equity (21.3%) is considered high.
Financial Health
How is IMI's financial position?
Financial Position Analysis
Short Term Liabilities: IMI's short term assets (£897.3M) exceed its short term liabilities (£586.6M).
Long Term Liabilities: IMI's short term assets (£897.3M) exceed its long term liabilities (£571.4M).
Debt to Equity History and Analysis
Debt Level: IMI's debt to equity ratio (54.5%) is considered high.
Reducing Debt: IMI's debt to equity ratio has reduced from 59.7% to 54.5% over the past 5 years.
Debt Coverage: IMI's debt is well covered by operating cash flow (75.5%).
Interest Coverage: IMI's interest payments on its debt are well covered by EBIT (24.1x coverage).
Balance Sheet
Dividend
What is IMI current dividend yield, its reliability and sustainability?
1.66%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IMI's dividend (1.62%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).
High Dividend: IMI's dividend (1.62%) is low compared to the top 25% of dividend payers in the UK market (4.18%).
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.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.9%), IMI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IMI's dividends in 3 years are forecast to be well covered by earnings (31.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average management tenure
CEO
Roy Twite (53 yo)
1.92yrs
Tenure
UK£2,455,000
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 and served as its Interim Divisional Managing Director of IMI Precision ...
CEO Compensation Analysis
Compensation vs Market: Roy's total compensation ($USD3.37M) is above average for companies of similar size in the UK market ($USD2.19M).
Compensation vs Earnings: Roy's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: IMI's management team is considered experienced (4 years average tenure).
Board Members
Experienced Board: IMI's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IMI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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£3.765b
- Shares outstanding: 270.87m
- Website: https://www.imiplc.com
Number of Employees
Location
- IMI plc
- Lakeside
- Solihull Parkway
- Birmingham
- West Midlands
- B37 7XZ
- United Kingdom
Listings
Biography
IMI plc, a specialist engineering company, designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Precision Engineering, IMI Critical Engineeri...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 17:35 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.