How to buy Imdex (IMD) shares

Learn how to easily invest in Imdex shares.

Imdex
AU: IMD - AUD
A$2.93
- A$0.05 ( - 1.68%)
SPECIALTY INDUSTRIAL MACHINERY

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Imdex is a specialty industrial machinery business based in Australia. Imdex shares (IMD) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Imdex has a trailing 12-month revenue of around $264.4 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Imdex

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Imdex . Find the share by name or ticker symbol: IMD. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Imdex reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Imdex . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Imdex stock price (ASX:IMD)

Use our graph to track the performance of IMD stocks over time.

Imdex shares at a glance

Information last updated 2022-01-23.
52-week range$1.5031 - $3.25
50-day moving average $2.841
200-day moving average $2.38
Target price$3
PE ratio 38.2051
Dividend yield $0.024 (0.94%)
Earnings per share (TTM) $0.078

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
ThinkMarkets Share Trading
AUD $8
No
ASX shares
$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Superhero share trading
$5
No
ASX shares, US shares, ETFs
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
GO Markets Share Trading
$7.70
No
ASX shares, Forex, CFDs, ETFs
Pay zero brokerage on your first 20 trades and $7.70 after that on over 2,500 ASX listed shares from either your desktop or mobile.
Opentrader Share Trading
AUD $5
No
ASX shares, Options trading, ETFs, Warrants
Gain access to chess sponsored shares for as little as $5 per trade.
Get free live data, advanced charting and even gain experience before trading through fantasy portfolios when you sign up with OpenTrader.
CMC Markets Invest
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
HSBC Online Share Trading
AUD $19.95
No
ASX shares, mFunds, ETFs, Bonds
Limited-time offer: Join HSBC’s online trading account before 28 February 2022 and HSBC will reimburse you up to $100 on your first 5 trades. Also traders who transfer $50k+ will get a $200 bonus(T&Cs apply).
Make trades online with brokerage fees starting from just $19.95 with an HSBC Online Share Trading account. Plus gain access to complimentary expert research, trading ideas and tools.
SelfWealth (Basic account)
AUD $9.5
No
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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Compare up to 4 providers

Is it a good time to buy Imdex stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Imdex price performance over time

Historical closes compared with the last close of A$2.98

1 week (2022-01-17) 1.71%
1 month (2021-12-24) 7.97%
3 months (2021-10-22) 6.81%
6 months (2021-07-23) 44.66%
1 year (2021-01-22) 83.95%
2 years (2020-01-24) 96.05%
3 years (2019-01-24) 173.39%
5 years (2017-01-24) 344.78%

Is Imdex under- or over-valued?

Valuing Imdex stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Imdex 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Imdex 's P/E ratio

Imdex 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 38x. In other words, Imdex shares trade at around 38x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Imdex 's EBITDA

Imdex 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $68.5 million (£0.0 million).

The EBITDA is a measure of a Imdex 's overall financial performance and is widely used to measure a its profitability.

Imdex financials

Revenue TTM $264.4 million
Operating margin TTM 16.77%
Gross profit TTM $180.8 million
Return on assets TTM 8.1%
Return on equity TTM 13.34%
Profit margin 11.98%
Book value 0.638
Market capitalisation $1.2 billion

TTM: trailing 12 months

Imdex share dividends

20%

Dividend payout ratio: 20% of net profits

Recently Imdex has paid out, on average, around 20% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.94% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Imdex shareholders could enjoy a 0.94% return on their shares, in the form of dividend payments. In Imdex 's case, that would currently equate to about A$0.024 per share.

While Imdex 's payout ratio might seem low, this can signify that Imdex is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 26 September 2021 (the "ex-dividend date").

Have Imdex 's shares ever split?

Imdex 's shares were split on 17 May 1989. This wouldn't directly have changed the overall worth of your Imdex shares – just the quantity. However, indirectly, the new INF% higher share price could have impacted the market appetite for Imdex shares which in turn could have impacted Imdex 's share price.

Imdex share price volatility

Over the last 12 months, Imdex 's shares have ranged in value from as little as $1.5031 up to $3.25. A popular way to gauge a stock's volatility is its "beta".

IMD.AU volatility(beta: 1.28)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Imdex 's is 1.2769. This would suggest that Imdex 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Imdex overview

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, structural orientation, and in-field sampling and analysis sensors. It also provides real-time data and analytics solutions, such as IMDEXHUB-IQ, a cloud-based data collection and validation platform; IMDEX Mobile, an advanced reporting software; ioGAS, a geoscience analytics software; and aiSIRIS, an interpretive mineralogy 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.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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