IMDEX LIMITED (IMD)
Share Price Analysis and Chart

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IMD

IMD - IMDEX LIMITED

FNArena Sector : Mining Sector Contracting
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.81
Index: ASX200 | ASX300 | ALL-ORDS

Imdex is an Australian mining tech company. It manufacturers & provides drilling fluids, chemicals, mining instumentation and data & geo-analytical services. Formed in 1980, it became a listed company in 1987.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.27

15 Jun
2026

0.250

OPEN

$4.14

6.22%

HIGH

$4.28

2,745,249

LOW

$3.98

TARGET
$4.963 16.2% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ALQ . ANG . ARI . C79 . CDA . DNL . DOW . EHL . GNG . IPG . LBL . LYL . MAD . MAH . MIN . MLG . MND . MSV . MYE . NWH . ORI . PRN . RAN . RCR . SGH . SRG . SXE . TEA . VBC . XRF .
FNARENA'S MARKET CONSENSUS FORECASTS
IMD: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 10.8 12.3 xxx
DPS (cps) xxx 2.5 3.6 xxx
EPS Growth xxx 69.5% 14.1% xxx
DPS Growth xxx - 9.6% 41.3% xxx
PE Ratio xxx N/A 34.8 xxx
Dividend Yield xxx N/A 0.8% xxx
Div Pay Ratio(%) xxx 23.5% 29.1% xxx

Dividend yield today if purchased 3 years ago: 1.33%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.59

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 24/09 - ex-div 1.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx10.8
DPS All xxxxxxxxxxxxxxx2.5
Sales/Revenue xxxxxxxxxxxxxxx431.4 M
Book Value Per Share xxxxxxxxxxxxxxx123.0
Net Operating Cash Flow xxxxxxxxxxxxxxx123.5 M
Net Profit Margin xxxxxxxxxxxxxxx12.79 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx9.19 %
Return on Invested Capital xxxxxxxxxxxxxxx7.96 %
Return on Assets xxxxxxxxxxxxxxx6.83 %
Return on Equity xxxxxxxxxxxxxxx9.19 %
Return on Total Capital xxxxxxxxxxxxxxx9.95 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx62.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx8 M
Long Term Debt xxxxxxxxxxxxxxx93 M
Total Debt xxxxxxxxxxxxxxx100 M
Goodwill - Gross xxxxxxxxxxxxxxx325 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx43 M
Price To Book Value xxxxxxxxxxxxxxx2.21

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx57.4 M
Capex % of Sales xxxxxxxxxxxxxxx13.30 %
Cost of Goods Sold xxxxxxxxxxxxxxx303 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx58 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx8 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgans

07/05/2026

1

Buy

$5.00

17.10%

Morgans found the third quarter update from Imdex strong, amid constant FX organic revenue growth of 26%, and for FY27-FY28 increases earnings forecasts on confirmation of strong volume growth and recent capital market activity.

The broker assesses outer-year upgrades will be the key driver of the share price from now, pointing out consensus revenue estimates are "muddled" because of the recent break-even acquisitions and setting aside the update would be broadly in line with expectations.

Buy rating retained with the target lifted to $5.00 from $4.70.

FORECAST
Morgans forecasts a full year FY26 dividend of 4.20 cents and EPS of 13.00 cents.
Morgans forecasts a full year FY27 dividend of 5.10 cents and EPS of 17.00 cents.

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Jarden

06/05/2026

5

Downgrade to Sell from Underweight

$3.60

-15.69%

Jarden downgrades Imdex to a Sell rating from Underweight and maintains a $3.60 target price following a third-quarter trading update.

The company reported unaudited revenue of $123m for the period, representing 29% constant currency growth, yet the broker notes quarter-on-quarter revenue momentum appears to be flattening.

Commentary states consensus estimates imply a steep hurdle for the final quarter requiring 26% year-on-year revenue growth, leaving no room for execution missteps given the stock trades on an extreme forward price-earnings multiple of 31x.

Higher anticipated finance costs of -$12m to -$14m prompt the report to lower earnings per share forecasts to 10.2c from 10.3c in FY26, and to 11.4c from 11.5c in FY27.

While the underlying business is well managed within a robust industry environment, the broker finds extreme valuation multiples relative to historical averages offer little near-term support for the share price.

FORECAST
Jarden forecasts a full year FY26 dividend of 2.80 cents and EPS of 10.20 cents.
Jarden forecasts a full year FY27 dividend of 3.30 cents and EPS of 11.40 cents.
Access Extra Coverage Research History >

IMD STOCK CHART

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