Stocktoria

IMI plc IMI.L

GB · London Stock Exchange · XLON · stock · Industrials · website

IMI plc statistics & valuation

Market cap£7.3B
P / E23.6×
P / S3.2×
P / B6.6×
P / FCF23.1×
Dividend yield1.10%
Net margin13.5%
Return on equity27.9%
FCF margin13.7%
Net debt£531.3M
Enterprise value USD$10.6B
Earnings yield EBIT/EV5.4%
Return on capital24.8%
Graham number -99.6%£11.41

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (£11.41); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
11.00% 10.80% 11.20% 13.50% 2022202320242025
Gross margin (%)
45.70% 46.10% 47.30% 47.50% 2022202320242025
Operating margin (%)
14.60% 14.50% 16.10% 18.30% 2022202320242025
Return on equity (%)
25.00% 23.00% 22.90% 27.90% 2022202320242025
Shares outstanding
237.2M 237.2M 237.2M 237.2M 2022202320242025
Net debt (£)
£812.0M £638.6M £547.7M £531.3M 2022202320242025
Share buybacks (£)
£0 £0 £100.4M £201.4M 2022202320242025
Return on assets (%)
8.90% 9.60% 10.00% 12.50% 2022202320242025
Free cash flow margin (%)
10.40% 12.90% 12.70% 13.70% 2022202320242025
Debt / equity (×)
1.04× 0.72× 0.64× 0.58× 2022202320242025
EPS (£)
£0.87 £0.91 £0.96 £1.24 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

IMI plc trades at about 2542.8× earnings — above its 10-year norm (10-year range 1659.4×–2231×, median 2104.6×).

1659.4× 2542.8×

Shaded band = 10-year range (1659.4×–2231×); dot = today's 2542.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin47.5%47.3%46.1%45.7%
Operating margin18.3%16.1%14.5%14.6%
Net margin13.5%11.2%10.8%11.0%
FCF margin13.7%12.7%12.9%10.4%
Return on assets12.5%10.0%9.6%8.9%
Return on equity27.9%22.9%23.0%25.0%
Debt / equity0.39×0.36×0.52×0.66×
Current ratio1.501.361.501.29

Computed from company filings · GB · as of 2025-12-31. Figures in GBP. Facts plus Stocktoria's own computed scores — not investment advice.