Impax Asset Management Group Plc

AIM:IPX Stock Report

Market Cap: UK£129.3m

Impax Asset Management Group Balance Sheet Health

Financial Health criteria checks 6/6

Impax Asset Management Group has a total shareholder equity of £115.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £154.7M and £39.5M respectively. Impax Asset Management Group's EBIT is £31.4M making its interest coverage ratio -12.8. It has cash and short-term investments of £80.3M.

Key information

0%

Debt to equity ratio

UK£0

Debt

Interest coverage ratio-12.8x
CashUK£80.28m
EquityUK£115.22m
Total liabilitiesUK£39.49m
Total assetsUK£154.70m

Recent financial health updates

No updates

Recent updates

Narrative Update May 13

IPX: Future Margins And Dividend Policy Will Shape Earnings Outlook

Analysts have lowered their price target on Impax Asset Management Group to £1.10 from £2.25, citing updated assumptions that include a higher discount rate, softer revenue expectations, reduced profit margins and a lower future P/E multiple. Analyst Commentary Bearish analysts are signaling a more cautious stance on Impax Asset Management Group by cutting valuation assumptions, pointing to a mix of execution risks and questions around the growth outlook.
Narrative Update Apr 25

IPX: Higher Future P/E Will Support Upside If Fee Margins Stabilise

Analysts have revised their fair value estimate for Impax Asset Management Group from £2.26 to £1.88. They cited softer revenue and margin assumptions, a slightly higher discount rate, and a modest increase in their future P/E expectation.
Analysis Article Apr 16

Downgrade: Here's How Analysts See Impax Asset Management Group Plc (LON:IPX) Performing In The Near Term

Market forces rained on the parade of Impax Asset Management Group Plc ( LON:IPX ) shareholders today, when the...
Narrative Update Apr 10

IPX: Lower P/E Assumptions Will Support Upside If Margins Hold

Narrative Update on Impax Asset Management Group Analysts have reduced their price target on Impax Asset Management Group from £2.90 to £2.26. This reflects updated assumptions around a slightly lower fair value estimate, a small adjustment to the discount rate, and more cautious views on revenue trends, margins and future P/E multiples.
Analysis Article Dec 11

The Market Doesn't Like What It Sees From Impax Asset Management Group Plc's (LON:IPX) Earnings Yet As Shares Tumble 25%

Impax Asset Management Group Plc ( LON:IPX ) shareholders won't be pleased to see that the share price has had a very...
Analysis Article May 27

Improved Earnings Required Before Impax Asset Management Group Plc (LON:IPX) Stock's 27% Jump Looks Justified

Impax Asset Management Group Plc ( LON:IPX ) shareholders would be excited to see that the share price has had a great...
Analysis Article Apr 09

Impax Asset Management Group Plc's (LON:IPX) 31% Dip In Price Shows Sentiment Is Matching Earnings

Unfortunately for some shareholders, the Impax Asset Management Group Plc ( LON:IPX ) share price has dived 31% in the...
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New Narrative Feb 20

Investments In AI And New Products May Broaden Revenue Streams, But Reliance On BNP Paribas Will Remain A Concern

Expanding product range and strategic acquisitions aim to drive revenue growth and strengthen capabilities in new market segments.
Analysis Article Dec 15

Why Investors Shouldn't Be Surprised By Impax Asset Management Group Plc's (LON:IPX) 26% Share Price Plunge

To the annoyance of some shareholders, Impax Asset Management Group Plc ( LON:IPX ) shares are down a considerable 26...
Analysis Article Dec 02

Impax Asset Management Group Plc (LON:IPX) Just Released Its Annual Earnings: Here's What Analysts Think

The yearly results for Impax Asset Management Group Plc ( LON:IPX ) were released last week, making it a good time to...
Analysis Article May 14

Impax Asset Management Group Plc's (LON:IPX) Popularity With Investors Is Under Threat From Overpricing

There wouldn't be many who think Impax Asset Management Group Plc's ( LON:IPX ) price-to-earnings (or "P/E") ratio of...
Analysis Article Jan 27

Impax Asset Management Group Plc's (LON:IPX) Popularity With Investors Is Under Threat From Overpricing

When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 14x, you may...
Analysis Article Mar 10

If EPS Growth Is Important To You, Impax Asset Management Group (LON:IPX) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Dec 01

With EPS Growth And More, Impax Asset Management Group (LON:IPX) Makes An Interesting Case

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Aug 28

If EPS Growth Is Important To You, Impax Asset Management Group (LON:IPX) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article May 30

Here's Why We Think Impax Asset Management Group (LON:IPX) Is Well Worth Watching

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article Mar 01

Do Impax Asset Management Group's (LON:IPX) Earnings Warrant Your Attention?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Financial Position Analysis

Short Term Liabilities: IPX's short term assets (£116.0M) exceed its short term liabilities (£35.1M).

Long Term Liabilities: IPX's short term assets (£116.0M) exceed its long term liabilities (£4.4M).


Debt to Equity History and Analysis

Debt Level: IPX is debt free.

Reducing Debt: IPX had no debt 5 years ago.

Debt Coverage: IPX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: IPX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 17:30
End of Day Share Price 2026/05/15 00:00
Earnings2025/09/30
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Impax Asset Management Group Plc is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan RichardsBerenberg
James AllenBerenberg
Alexander BowersBerenberg