Imdex Ltd (AU:IMD)
ASX:IMD
IMD Stock Chart & Stats
AU$3.80
AU$0.01(0.42%)
At close: 4:00 PM EST
AU$3.80
AU$0.01(0.42%)
Day’s Range― - ―
52-Week RangeAU$2.40 - AU$4.59
Previous CloseN/A
Volume445.72K
Average Volume (3M)1.16M
Market Cap
AU$1.95B
Enterprise ValueAU$2.04B
Total Cash (Recent Filing)AU$49.31M
Total Debt (Recent Filing)AU$158.62M
Price to Earnings (P/E)16.8
Beta1.42
Next Earnings
Aug 10, 2026EPS Estimate
0.05Next Dividend Ex-DateN/A
Dividend Yield0.7%
Share Statistics
EPS (TTM)0.05
Shares Outstanding513,358,640
10 Day Avg. Volume1,186,872
30 Day Avg. Volume1,163,075
Financial Highlights & Ratios
PEG Ratio0.35
Price to Book (P/B)2.21
Price to Sales (P/S)3.23
P/FCF Ratio21.06
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$4.51Price Target Upside18.63% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)0.12
Revenue Forecast (FY)AU$516.33M
Bulls Say, Bears Say
Bulls Say
High And Expanding MarginsImdex's very high gross margin (72.4%) and improved net margin (12.8%) reflect durable product pricing power and cost control across consumables, hardware and software. Sustained margin levels support reinvestment in R&D and services, underpinning long-term profitability even as revenue growth normalises.
Strong Cash Conversion And Low LeverageRecord operating cash flow and an 86% cash conversion rate, alongside modest net debt (~$27m) and positive closing cash, indicate robust cash generation and a conservative capital structure. This provides durable flexibility to fund growth, M&A integration and dividends through cyclical swings.
Shift To Higher-value Recurring RevenueA growing mix of sensors, services and software (68% of revenue) moves Imdex toward higher-margin, recurring and solution-led offerings. Combined with ongoing R&D and embedded ML, this structural shift improves predictability of revenue and strengthens competitive differentiation over the medium term.
Bears Say
Slowing Revenue Growth And Negative FCF GrowthRevenue growth has decelerated to low single digits while free cash flow growth turned negative, which could constrain the pace of organic investment, M&A financing and dividend sustainability if the trend persists. Reversing FCF decline is key to preserving strategic optionality.
Margin Pressure From Acquisitions And Labour InvestmentNear-term margin dilution from integrating acquisitions and adding field labour to support services can compress operating margins. If integration takes longer or labour costs remain elevated, medium-term margin recovery may be delayed, reducing cash available for growth or returns.
FX Exposure And Regional/cycle SoftnessWith about half revenue USD‑linked and noted regional weak spots (e.g., West Africa, parts of Asia), Imdex faces structural revenue volatility from FX moves and uneven regional drilling activity. Timing lags from junior markets further delay benefits from any exploration upcycle, increasing earnings variability.
Imdex Ltd News
IMD FAQ
What was Imdex Ltd’s price range in the past 12 months?
Imdex Ltd lowest share price was AU$2.40 and its highest was AU$4.59 in the past 12 months.
What is Imdex Ltd’s market cap?
Imdex Ltd’s market cap is AU$1.95B.
When is Imdex Ltd’s upcoming earnings report date?
Imdex Ltd’s upcoming earnings report date is Aug 10, 2026 which is in 132 days.
How were Imdex Ltd’s earnings last quarter?
Imdex Ltd released its earnings results on Feb 22, 2026. The company reported AU$0.049 earnings per share for the quarter, missing the consensus estimate of AU$0.057 by -AU$0.008.
Is Imdex Ltd overvalued?
According to Wall Street analysts Imdex Ltd’s price is currently Undervalued.
Does Imdex Ltd pay dividends?
Imdex Ltd pays a Semiannually dividend of AU$0.01 which represents an annual dividend yield of 0.7%. See more information on Imdex Ltd dividends here
What is Imdex Ltd’s EPS estimate?
Imdex Ltd’s EPS estimate is 0.05.
How many shares outstanding does Imdex Ltd have?
Imdex Ltd has 513,358,640 shares outstanding.
What happened to Imdex Ltd’s price movement after its last earnings report?
Imdex Ltd reported an EPS of AU$0.049 in its last earnings report, missing expectations of AU$0.057. Following the earnings report the stock price went up 7.566%.
Which hedge fund is a major shareholder of Imdex Ltd?
Currently, no hedge funds are holding shares in AU:IMD
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Imdex Ltd Stock Smart Score
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
AU$4.51 (18.63% Upside)
AU$4.51 (18.63% Upside)
Blogger Sentiment
Bullish
AU:IMD Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth $13.6K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
61.58%
12-Months-Change
Fundamentals
Return on Equity
7.87%
Trailing 12-Months
Asset Growth
17.85%
Trailing 12-Months
Company Description
Imdex Ltd
Imdex Limited, together with its subsidiaries, provides drilling optimization products and sensors for the minerals industry in the Asia-Pacific, Africa, Europe, and the Americas. The company sells and rents drilling optimization products, including drilling fluids, solids removal units, remote fluid testing technologies, rig alignment technologies, and drilling productivity technologies; and rents rock knowledge sensors, which include downhole survey, core orientation, gamma logging, and structural orientation sensors. It also provides real-time data and analytics solutions, such as a cloud-based data collection and validation platform; an advanced reporting software; a geoscience analytics software; an interpretive mineralogy software; and a 3D visualisation software. In addition, the company offers software, mining technology, drilling optimization, downhole navigation, structural geology, in-field geoanalysis, and driller operable geophysics solutions. It provides its products and services under the AMC and REFLEX brands to drilling contractors and resource companies. The company was formerly known as Pilbara Gold NL and changed its name to Imdex Limited in July 1985. Imdex Limited was incorporated in 1980 and is headquartered in Balcatta, Australia.
IMD Company Deck
IMD Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveys a strongly positive operational and financial performance: record revenue, higher EBITDA and margins, exceptional cash conversion, broad regional growth and successful traction of higher‑value products and integrated services. Near‑term headwinds are manageable and largely relate to M&A integration, FX, selective geographic softness, and timing lags in junior market activity. Overall, the positives materially outweigh the negatives and position IMDEX well for an anticipated multi‑year exploration upcycle.View all AU:IMD earnings summariesIMD Stock 12 Month Forecast
Average Price Target
AU$4.51
▲(18.63% Upside)
Technical Analysis
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Options Prices
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