ImdexIMDXF 85 Return-on-Tangible-Asset is 12.33% as of Dec. 2025, which is 8% above its 10-year median of 11.38. GuruFocus rates IMDXF with a GF Score™ of 85/100 and a GF Value™ of $1.88 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 211 Farm & Heavy Construction Machinery companies, Imdex ranks better than 89.57% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Imdex's annualizedNet Income for the quarter that ended in Dec. 2025 was $34.8 Mil. Imdex's average total tangible assets for the quarter that ended in Dec. 2025 was $282.6 Mil. Therefore, Imdex's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 12.33%.
The historical rank and industry rank for Imdex's Return-on-Tangible-Asset or its related term are showing as below:
IMDXF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -36.39 Med: 11.38 Max: 15.72
Current: 12.12
During the past 13 years, Imdex's highest Return-on-Tangible-Asset was 15.72%. The lowest was -36.39%. And the median was 11.38%.
IMDXF's Return-on-Tangible-Asset is ranked better than 89.57% of 211
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 4.01
vs IMDXF: 12.12
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Imdex Return-on-Tangible-Asset Related Terms
Imdex Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Imdex's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
IMDXF vs CAT, DE, PCAR: Return-on-Tangible-Asset Comparison
For the Farm & Heavy Construction Machinery subindustry, Imdex's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Imdex Return-on-Tangible-Asset vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Imdex's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Imdex's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 12.33% mean?
Imdex (IMDXF) has a Return-on-Tangible-Asset of 12.33% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Imdex and its competitors. This is near median its historical median of 11.38. According to the industry distribution chart, Imdex ranks #22 out of 211 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 10.4%.
Is Imdex's Return-on-Tangible-Asset too high?
Imdex's current Return-on-Tangible-Asset of 12.33% is near median its 10-year median of 11.38. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Asset is 4.01. Imdex's value of 12.33% is 207.5% above this industry median. Based on the distribution chart, Imdex ranks #22 out of 211 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Imdex has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imdex's Return-on-Tangible-Asset compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Imdex ranks #22 out of 211 companies for Return-on-Tangible-Asset. This places Imdex in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.01. Imdex's value of 12.33% is 207.5% above this benchmark. While the company's 10-year median is 11.38 vs. the industry median of 4.01, Imdex has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Asset among Farm & Heavy Construction Machinery companies is 4.01, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Imdex's current Return-on-Tangible-Asset of 12.33% is 207.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Imdex and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Asset is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imdex's current Return-on-Tangible-Asset is 12.33%, which is near median its own 10-year median of 11.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imdex stock overvalued right now?
Based on GuruFocus' analysis, Imdex (IMDXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.88, compared to a current price of $2.93 — trading 55.6% above its estimated fair value. The current Return-on-Tangible-Asset is 12.33%, which is near median its 10-year median of 11.38 and 207.5% above the Farm & Heavy Construction Machinery industry median of 4.01. Imdex's overall GF Score™ is 85/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Imdex (IMDXF), the current Return-on-Tangible-Asset is 12.33% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Imdex (IMDXF) Overvalued in 2026?
Based on GuruFocus' analysis, Imdex stock appears to be overvalued.
The current stock price of $2.93 is trading 55.6% above its estimated GF Value™ of $1.88.
GuruFocus considers Imdex to be Significantly Overvalued.
Key valuation signals for IMDXF:
Return-on-Tangible-Asset: 12.33% (near median its 10-year median of 11.38)
GF Value™: $1.88 vs. price of $2.93 (55.6% above fair value)
Industry Position: 207.5% above the Farm & Heavy Construction Machinery median (#22 of 211)
No single metric tells the full story. See the IMDXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Imdex Ltd is an Australia-based mining technology company. Its product offering includes an integrated range of drilling optimisation products, cloud-connected rock knowledge sensors, and data and analytical software. Its combined product offering is commodity-agnostic and can be applied across the mining value chain. The company's products and services portfolio comprises solids removal units, directional drilling solutions, drilling fluids, multi-sensor downhole data acquisition, analysis, and visualisation systems, and various software and other mining technology solutions. Geographically, the company generates maximum revenue from the Americas, followed by Asia-Pacific, and Middle East, Africa and Europe.
85GF Score
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