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: 1.92
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

$3.26

22 Oct
2026

-0.030

OPEN

$3.30

-0.91%

HIGH

$3.30

761,669

LOW

$3.25

TARGET
$4.56 39.9% 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 . RKT . SGH . SRG . SXE . TEA . VBC . XRF .
FNARENA'S MARKET CONSENSUS FORECASTS
IMD: 1
Title FY25
Actual		 FY26
Actual		 FY27
Forecast		 FY28
Forecast
EPS (cps) xxx 15.5 13.8 xxx
DPS (cps) xxx 3.4 3.8 xxx
EPS Growth xxx 44.0% - 10.8% xxx
DPS Growth xxx 36.0% 9.9% xxx
PE Ratio xxx N/A 22.6 xxx
Dividend Yield xxx N/A 1.2% xxx
Div Pay Ratio(%) xxx 22.2% 27.3% xxx

Dividend yield today if purchased 3 years ago: 2.11%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.10

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: 16/09 - ex-div 1.75c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx15.5
DPS All xxxxxxxxxxxxxxx3.4
Sales/Revenue xxxxxxxxxxxxxxx520.1 M
Book Value Per Share xxxxxxxxxxxxxxx133.6
Net Operating Cash Flow xxxxxxxxxxxxxxx126.0 M
Net Profit Margin xxxxxxxxxxxxxxx15.27 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx12.10 %
Return on Invested Capital xxxxxxxxxxxxxxx9.45 %
Return on Assets xxxxxxxxxxxxxxx8.10 %
Return on Equity xxxxxxxxxxxxxxx12.10 %
Return on Total Capital xxxxxxxxxxxxxxx9.91 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx56.0 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 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx9 M
Long Term Debt xxxxxxxxxxxxxxx275 M
Total Debt xxxxxxxxxxxxxxx284 M
Goodwill - Gross xxxxxxxxxxxxxxx525 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx41 M
Price To Book Value xxxxxxxxxxxxxxx3.07

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx69.3 M
Capex % of Sales xxxxxxxxxxxxxxx13.33 %
Cost of Goods Sold xxxxxxxxxxxxxxx362 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx74 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 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

0.7

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Bell Potter

08/10/2026

3

Hold

$3.80

16.56%

Bell Potter reiterates a Hold rating for Imdex and reduces the target to $3.80 from $4.00. Junior equity raisings have fallen in value in September, a second consecutive month of declines and following a "rapid descent" from the October 2025 peak.

While major exploration expenditure remains robust for the time being, from FY28 the broker points out the risk of mining budgets being rationalised warrants caution, amid cost inflation, a weakening gold price and heightened geopolitical risks.

FORECAST
Bell Potter forecasts a full year FY27 dividend of 3.70 cents and EPS of 11.70 cents.
Bell Potter forecasts a full year FY28 dividend of 4.50 cents and EPS of 14.10 cents.

Ord Minnett

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

2

xxxxxxxxx xx xxxxxxxxxx xxxx xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
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

20/10/2026

3

Upgrade to Neutral from Underweight

$3.55

8.90%

Jarden raises its rating for Imdex to Neutral from Underweight with a $3.55 target price following a 1Q27 trading update featuring headline revenue growth of 31%.

Supported by underlying demand, headline revenue benefited from M&A contributions including Krux and Data Rock.

Excluding the M&A contribution, Jarden estimates underlying growth was -21%.

The analyst notes recent share price underperformance and contracting forward valuation multiples now reflect better risk and reward symmetry for investors.
Access Extra Coverage Research History >

IMD STOCK CHART

FNArena News on IMD

1
In Case You Missed It – BC Extra Upgrades & Downgrades – 23-10-26

Oct 23 2026 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Oct 20, 2026

Oct 20 2026 - Daily Market Reports
3
Weekly Ratings, Targets, Forecast Changes – 21-08-26

Aug 24 2026 - Weekly Reports
4
Australian Broker Call *Extra* Edition – Aug 20, 2026

Aug 20 2026 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Aug 17, 2026

Aug 17 2026 - Daily Market Reports

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