How to buy Imdex (IMD) shares

Learn how to easily invest in Imdex shares.

Imdex Limited
AU: IMD - AUD
SPECIALTY INDUSTRIAL MACHINERY
A$2.07
+A$0.05 (+2.48%)

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Imdex Limited 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 $238 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 2021-07-22.
52-week range$1.1569 - $2.16
50-day moving average $2.0149
200-day moving average $1.8431
Target price$1.5
PE ratio 48.8095
Dividend yield $0.017 (0.79%)
Earnings per share (TTM) $0.042

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
Finder Award
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.
Superhero share trading
AUD $5
No
ASX shares, US shares, ETFs
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
CMC Markets Stockbroking
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.
Bell Direct Share Trading
Finder AwardExclusive
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
⭐ Finder Exclusive: Get 5 free stock trades and unlimited ETF trades until July 31, 2021 when you join Bell Direct.
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.
Saxo Capital Markets (Classic account)
AUD $6.99
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Acess 19,000+ stocks on 37 exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
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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$2.06

1 month (2021-06-29) 3.52%
3 months (2021-04-29) 5.64%

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 49x. In other words, Imdex shares trade at around 49x 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 $54.1 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 $238 million
Operating margin TTM 12.29%
Gross profit TTM $163.4 million
Return on assets TTM 5.7%
Return on equity TTM 7.45%
Profit margin 7.15%
Book value 0.591
Market capitalisation $812.7 million

TTM: trailing 12 months

Imdex share dividends

43%

Dividend payout ratio: 42.5% of net profits

Recently Imdex has paid out, on average, around 42.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.79% 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 0.79% return on their shares, in the form of dividend payments. In Imdex 's case, that would currently equate to about A$0.017 per share.

While Imdex 's payout ratio might seem fairly standard, it's worth remembering that Imdex may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 7 March 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 $1.1569 up to $2.16. A popular way to gauge a stock's volatility is its "beta".

IMD.AU volatility(beta: 1.52)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 1.5204. 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 mining equipment, technology, and services for the minerals industry in the Asia-Pacific, Africa, Europe, the Americas, and internationally. It offers drilling fluids, equipment, technologies, and software used to optimize drilling programs, as well as solutions for the horizontal directional drilling, water-well, and civil construction sectors under the AMC and REFLEX brands. The company also provides software, mining technology, drilling optimization, downhole navigation, structural geology, in-field geoanalysis, and driller operable geophysics solutions. It primarily serves 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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