The 1Q 23 numbers helps solidify Imdex's case that growth hasn't peaked yet. I have done a rough valuation and at current prices its at a 6.2 EV/EBITDA and 12.8 PE ratio. At 2.5 its 7.7 EV/EBITDA and 15.8 and at $3 its at 9.24 EV/EBITDA and 19 PE. There is definitely
support in the valuation for its growth back to $3.
1Q23 Results
IMD Share Price Discussion, page-5
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Last
$2.29 |
Change
0.020(0.88%) |
Mkt cap ! $1.172B | |||
| Open | High | Low | Value | Volume |
| $2.25 | $2.29 | $2.23 | $1.203M | 527.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4406 | $2.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.30 | 8610 | 2 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| IMD (ASX) Chart |