NasdaqCM:IMXI

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International Money Express

Market Cap

US$622.4m

Last Updated

2021/08/03 23:33 UTC

Data Sources

Company Financials +

Executive Summary

International Money Express, Inc., through its subsidiary, operates as a money remittance services company in the United States, Latin America, Mexico, Africa, Central and South America, and the Caribbean. More Details


Snowflake Analysis

Good value with proven track record.


Similar Companies

Share Price & News

How has International Money Express's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IMXI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: IMXI's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

1.0%

IMXI

-2.8%

US IT

0.9%

US Market


1 Year Return

12.0%

IMXI

26.5%

US IT

34.7%

US Market

Return vs Industry: IMXI underperformed the US IT industry which returned 27.5% over the past year.

Return vs Market: IMXI underperformed the US Market which returned 34.4% over the past year.


Shareholder returns

IMXIIndustryMarket
7 Day1.0%-2.8%0.9%
30 Day2.2%-0.02%0.2%
90 Day7.7%5.7%4.7%
1 Year12.0%12.0%27.6%26.5%36.8%34.7%
3 Year63.4%63.4%95.1%88.7%62.5%52.4%
5 Yearn/a215.6%193.8%123.1%98.4%

Long-Term Price Volatility Vs. Market

How volatile is International Money Express's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is International Money Express undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: IMXI ($15.9) is trading below our estimate of fair value ($40.78)

Significantly Below Fair Value: IMXI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: IMXI is good value based on its PE Ratio (16.3x) compared to the US IT industry average (34.8x).

PE vs Market: IMXI is good value based on its PE Ratio (16.3x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: IMXI is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: IMXI is overvalued based on its PB Ratio (5.8x) compared to the US IT industry average (5.1x).


Future Growth

How is International Money Express forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

16.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IMXI's forecast earnings growth (16% per year) is above the savings rate (2%).

Earnings vs Market: IMXI's earnings (16% per year) are forecast to grow faster than the US market (15% per year).

High Growth Earnings: IMXI's earnings are forecast to grow, but not significantly.

Revenue vs Market: IMXI's revenue (14.5% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: IMXI's revenue (14.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if IMXI's Return on Equity is forecast to be high in 3 years time


Past Performance

How has International Money Express performed over the past 5 years?

70.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IMXI has a high level of non-cash earnings.

Growing Profit Margin: IMXI's current net profit margins (11.4%) are higher than last year (7.8%).


Past Earnings Growth Analysis

Earnings Trend: IMXI's earnings have grown significantly by 70% per year over the past 5 years.

Accelerating Growth: IMXI's earnings growth over the past year (67.4%) is below its 5-year average (70% per year).

Earnings vs Industry: IMXI earnings growth over the past year (67.4%) exceeded the IT industry 19.3%.


Return on Equity

High ROE: IMXI's Return on Equity (35.1%) is considered high.


Financial Health

How is International Money Express's financial position?


Financial Position Analysis

Short Term Liabilities: IMXI's short term assets ($214.6M) exceed its short term liabilities ($87.5M).

Long Term Liabilities: IMXI's short term assets ($214.6M) exceed its long term liabilities ($93.7M).


Debt to Equity History and Analysis

Debt Level: IMXI's debt to equity ratio (95.5%) is considered high.

Reducing Debt: Insufficient data to determine if IMXI's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: IMXI's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: IMXI's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet


Dividend

What is International Money Express's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate IMXI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IMXI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IMXI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IMXI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IMXI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average management tenure


CEO

Bob Lisy (63 yo)

no data

Tenure

US$1,305,197

Compensation

Mr. Robert Lisy, also known as Bob, serves as the Chairman, Chief Executive Officer and President of International Money Express, Inc. (formerly known as Intermex Wire Transfer, LLC.) Mr. Lisy serves as th...


CEO Compensation Analysis

Compensation vs Market: Bob's total compensation ($USD1.31M) is below average for companies of similar size in the US market ($USD2.42M).

Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: IMXI's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: IMXI's board of directors are considered experienced (3.1 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.


Top Shareholders

Company Information

International Money Express, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: International Money Express, Inc.
  • Ticker: IMXI
  • Exchange: NasdaqCM
  • Founded: NaN
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: US$622.375m
  • Shares outstanding: 39.14m
  • Website: https://www.intermexonline.com

Number of Employees


Location

  • International Money Express, Inc.
  • 9480 South Dixie Highway
  • Miami
  • Florida
  • 33156
  • United States

Listings


Biography

International Money Express, Inc., through its subsidiary, operates as a money remittance services company in the United States, Latin America, Mexico, Africa, Central and South America, and the Caribbean....


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/03 23:33
End of Day Share Price2021/08/03 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.