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IBEX LimitedNasdaqGM:IBEX Stock Report

Market Cap US$376.8m
Share Price
US$32.33
US$37.5
13.8% undervalued intrinsic discount
1Y27.7%
7D18.1%
Portfolio Value
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IBEX Limited

NasdaqGM:IBEX Stock Report

Market Cap: US$376.8m

IBEX (IBEX) Stock Overview

Provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. More details

IBEX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 80.1% below our estimate of its fair value

Earnings grew by 27.1% over the past year

Risk Analysis

Significant insider selling over the past 3 months


IBEX Community Fair Values

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IBEX Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for IBEX
Historical stock prices
Current Share PriceUS$32.76
52 Week HighUS$42.99
52 Week LowUS$25.42
Beta0.65
1 Month Change17.93%
3 Month Change-6.35%
1 Year Change27.67%
3 Year Change73.33%
5 Year Change52.09%
Change since IPO112.73%

Recent News & Updates

Seeking Alpha • Jan 08

IBEX: A Boring Business That Keeps Beating Expectations

Summary IBEX Limited (IBEX) delivered a strong Q1 FY26, with 16.5% revenue growth and 24.9% EBITDA growth, supporting a reiterated Buy rating. IBEX’s digital and omnichannel mix now comprises 82% of revenue, driving higher margins and sticky, expanding client programs. AI initiatives are enhancing IBEX’s competitiveness and productivity, though direct P&L impact remains early-stage; management’s approach prioritizes human productivity over full automation. Valuation remains attractive, with durable margin expansion and raised FY26 guidance, while client concentration and AI monetization timing are key risks to monitor. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Jan 08

IBEX: A Boring Business That Keeps Beating Expectations

Summary IBEX Limited (IBEX) delivered a strong Q1 FY26, with 16.5% revenue growth and 24.9% EBITDA growth, supporting a reiterated Buy rating. IBEX’s digital and omnichannel mix now comprises 82% of revenue, driving higher margins and sticky, expanding client programs. AI initiatives are enhancing IBEX’s competitiveness and productivity, though direct P&L impact remains early-stage; management’s approach prioritizes human productivity over full automation. Valuation remains attractive, with durable margin expansion and raised FY26 guidance, while client concentration and AI monetization timing are key risks to monitor. Read the full article on Seeking Alpha
Analysis Article • Sep 13

Is There An Opportunity With IBEX Limited's (NASDAQ:IBEX) 26% Undervaluation?

Key Insights The projected fair value for IBEX is US$56.24 based on 2 Stage Free Cash Flow to Equity IBEX's US$41.58...
Analysis Article • Sep 13

The Market Lifts IBEX Limited (NASDAQ:IBEX) Shares 41% But It Can Do More

IBEX Limited ( NASDAQ:IBEX ) shareholders have had their patience rewarded with a 41% share price jump in the last...
Analysis Article • May 10

IBEX Limited (NASDAQ:IBEX) Soars 31% But It's A Story Of Risk Vs Reward

IBEX Limited ( NASDAQ:IBEX ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article • Apr 09

IBEX (NASDAQ:IBEX) Knows How To Allocate Capital Effectively

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Seeking Alpha • Mar 01

Undervalued And AI-Driven: Why IBEX Looks Like A Buy

Summary IBEX Limited specializes in AI-driven customer engagement and BPO, showing strong client retention and rapid expansion in sectors like HealthTech, Travel & Logistics, and Retail. Despite record-breaking Q2 performance and strategic stock buybacks boosting EPS, IBEX faces challenges with flat revenue growth and rising operating costs. The company's AI tools, like Wave iX AI Translate, enhance customer service but increasing expenses and cash flow concerns could impact future margins. Trading at a low P/E ratio, IBEX appears undervalued; however, stronger revenue growth and better cash flow control are needed for significant upside. Read the full article on Seeking Alpha
Seeking Alpha • Feb 13

Robust Potential From Higher Net Margins At IBEX Limited

Summary IBEX Limited receives a Strong Buy rating due to profitable growth, selective market choices, and productivity improvements, with a one-year price target of $30.66. The company offers end-to-end customer engagement solutions, leveraging AI technology and boasting high client retention rates and significant offshore revenue contributions. Q2-fiscal-2025 results show good revenue growth, increased adjusted EBITDA, and a significant reduction in shares outstanding, enhancing future net income and earnings. Despite heavy competition and potential risks, IBEX is expected to grow rapidly, driven by industry tailwinds, efficient management, and increasing net margins. Read the full article on Seeking Alpha
Seeking Alpha • Sep 24

Ibex: Strong Fundamentals, Improvement In Margins Make This Stock A Compelling Buy

Summary I believe the 20% share price increase since Q4 FY2024 earnings reflects investors' confidence in Ibex’s strong fundamentals and recent share buybacks, following a long-term decline since early 2023. Despite recent revenue declines in fintech and telecommunications, I favor the company's focus on higher margin offshore operations, which have improved significantly its profitability margins. Ibex’s high client concentration, with its top five clients contributing to 36% of revenue, represents a risk if any major contracts are not renewed. Strong fundamentals, share buybacks, and attractive valuation ratios support my Buy rating for Ibex. Read the full article on Seeking Alpha
Analysis Article • Aug 08

IBEX (NASDAQ:IBEX) Might Have The Makings Of A Multi-Bagger

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Analysis Article • Feb 11

IBEX Limited Just Missed EPS By 31%: Here's What Analysts Think Will Happen Next

There's been a notable change in appetite for IBEX Limited ( NASDAQ:IBEX ) shares in the week since its second-quarter...
Analysis Article • Jan 24

IBEX (NASDAQ:IBEX) Shareholders Will Want The ROCE Trajectory To Continue

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Analysis Article • Sep 15

It's Down 28% But IBEX Limited (NASDAQ:IBEX) Could Be Riskier Than It Looks

To the annoyance of some shareholders, IBEX Limited ( NASDAQ:IBEX ) shares are down a considerable 28% in the last...
Analysis Article • May 19

Earnings Beat: IBEX Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

It's been a good week for IBEX Limited ( NASDAQ:IBEX ) shareholders, because the company has just released its latest...
Analysis Article • Nov 11

We Ran A Stock Scan For Earnings Growth And IBEX (NASDAQ:IBEX) Passed With Ease

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Sep 29

The Return Trends At IBEX (NASDAQ:IBEX) Look Promising

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...

Shareholder Returns

IBEXUS Professional ServicesUS Market
7D18.1%-0.9%2.1%
1Y27.7%-22.9%30.6%

Return vs Industry: IBEX exceeded the US Professional Services industry which returned -22.1% over the past year.

Return vs Market: IBEX underperformed the US Market which returned 31% over the past year.

Price Volatility

Is IBEX's price volatile compared to industry and market?
IBEX volatility
IBEX Average Weekly Movement6.7%
Professional Services Industry Average Movement8.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: IBEX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: IBEX's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201739,000Bob Dechantwww.ibex.co

IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company’s products and services portfolio includes ibex Connect that offers customer service, technical support, revenue generation, and other value-added outsourced back-office services through the CX model, which integrates voice, email, chat, SMS, social media, and other communication applications; ibex Digital, a customer acquisition solution that comprises digital marketing, e-commerce technology, and platform solutions; and ibex CX, which provides a suite to measure, monitor, and manage its clients’ customer experiences. It operates customer engagement and customer acquisition delivery centers.

IBEX Limited Fundamentals Summary

How do IBEX's earnings and revenue compare to its market cap?
IBEX fundamental statistics
Market capUS$376.83m
Earnings (TTM)US$47.18m
Revenue (TTM)US$626.95m
9.3x
P/E Ratio
0.7x
P/S Ratio

Is IBEX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IBEX income statement (TTM)
RevenueUS$626.95m
Cost of RevenueUS$439.69m
Gross ProfitUS$187.25m
Other ExpensesUS$140.07m
EarningsUS$47.18m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)3.52
Gross Margin29.87%
Net Profit Margin7.53%
Debt/Equity Ratio0%

How did IBEX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 14:44
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IBEX Limited is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David KoningBaird
Ryan PotterCitigroup Inc
Arvind RamnaniPiper Sandler Companies