International Money Express, Inc. (IMXI) stock analysis
Close on Nov 12, 2026Market cap $193.05MP/E 10.7Yield –
StockData Score
Prices as of Nov 12, 2026How the score works
Mixed10 of 30 checks passed
International Money Express passes 10 of the 30 checks behind our score; 7 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 6/6
- Growth
- 0/6
- Past performance
- 2/6
- Financial health
- 2/6
- Dividend
- 0/6
What stands out
Margin of safety over 20%
The price is 63.6% below fair value, more than the 20% cushion we look for.
Trading below fair value
The share price of $6.39 is below our fair value estimate of $17.53.
Return on capital over 10%
Return on invested capital was 15.2%, above the 10% that usually covers the cost of capital.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 39.6% of total debt.
What to watch
Return on equity under 15%
Return on equity was 11.1% over the last twelve months and averaged 36.4% over five years; we look for 15% on both.
High debt
Debt is 97.6% of shareholders' equity, above the 40% we consider low.
Earnings shrank over 5 years
Net income shrank 0.7% a year on average over the last five fiscal years.
Revenue growing under 10% a year
Revenue grew 3.6% a year over the last three fiscal years, short of the 10% we look for.
Valuation6/6
P/E below its 5-year median
International Money Express's P/E of 10.7 is below its own 5-year median of 13.9.
P/E below the industry
International Money Express's P/E of 10.7 is below the Miscellaneous Business Services median of 25.4.
EV/EBITDA below its 5-year median
International Money Express's EV/EBITDA of 2.9 is below its 5-year median of 6.8.
P/B below the industry
International Money Express's price-to-book of 1.10 is below the Miscellaneous Business Services median of 2.45.
Trading below fair value
The share price of $6.39 is below our fair value estimate of $17.53.
Margin of safety over 20%
The price is 63.6% below fair value, more than the 20% cushion we look for.
Growth0/6
Revenue growing under 10% a year
Revenue grew 3.6% a year over the last three fiscal years, short of the 10% we look for.
EPS growing under 10% a year
Diluted EPS grew -10.0% a year over the last three fiscal years.
Earnings growth not accelerating
Net income grew -54.1% over the last twelve months, against a 5-year average of -0.7% a year.
Growing slower than the industry
Revenue grew -15.7% over the last twelve months; the Miscellaneous Business Services median is 9.8%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin trend
This company does not report gross profit.
Past performance2/6
Return on equity under 15%
Return on equity was 11.1% over the last twelve months and averaged 36.4% over five years; we look for 15% on both.
Return on capital over 10%
Return on invested capital was 15.2%, above the 10% that usually covers the cost of capital.
Return on equity above the industry
International Money Express's return on equity of 11.1% is above the Miscellaneous Business Services median of 6.8%.
Earnings shrank over 5 years
Net income shrank 0.7% a year on average over the last five fiscal years.
Net margin below its 5-year average
Net margin was 3.4% over the last twelve months, against a 5-year average of 8.8%.
Net margin below the industry
International Money Express's net margin of 3.4% is below the Miscellaneous Business Services median of 4.1%.
Financial health2/6
High debt
Debt is 97.6% of shareholders' equity, above the 40% we consider low.
Debt rising against equity
Debt to equity rose from 93.0% five years ago to 97.6%.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 39.6% of total debt.
Interest not well covered
Operating income covers interest expense 3.4 times; we look for at least 5.
Short-term assets cover short-term debts
Current assets are 2.53 times current liabilities.
Bankruptcy risk in the grey zone
The Altman Z-score is 2.96; above 3 is the safe zone and below 1.8 the distress zone.
Dividend0/6
No dividend
International Money Express has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itOur estimate per share
$17.53
The share price is 64% below this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 19.6× | 13.9× | 25.4× | $11.78 | 40% |
| EV/EBITDA | 11.2× | 6.8× | 15.6× | $20.64 | 35% |
| P/B | 3.5× | 4.5× | 2.5× | $20.27 | 10% |
| Earnings power | 8.8% cost of equity | – | – | $23.82 | 15% |
| Fair value | $17.53 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 13.9
- Miscellaneous Business Services median 25.4
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Medium risk
- Average value traded per day
- $8.03M
- Value traded per 1% price move
- $2.58M
Downside
High risk
- Typical loss in a bad month
- 33.3%
- Volatility (annualized)
- 46%
- Sharpe ratio, 1 year
- -1.37
- Beta to the S&P 500 (5Y)
- 0.76
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2015 to 2025
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -7.7% | +3.6% | +11.2% | – | |
| Operating income | -41.4% | -12.4% | +1.0% | – | |
| Net income | -44.5% | -17.1% | -0.7% | – | |
| EPS, diluted | -39.7% | -10.0% | +4.2% | – | |
| Free cash flow | -31.5% | +74.0% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -0.1% | 45.0% | 22.1% | |
| Return on assets | – | 13.9% | 6.7% | |
| Current ratio | 0.18 | 2.22 | 2.51 | |
| Debt to equity | – | 0.93 | 1.21 | |
| Net debt to EBITDA | – | 0.20× | 0.36× | |
| Interest coverage | – | 8.1× | 4.7× | |
| Capex to revenue | – | 1.1% | 3.5% | |
| Diluted shares | 5M | 38M | 30M |
Where the cash went
Fiscal 2021 to 2025, five years combined
International Money Express generated $326.77M from operations and spent $303.67M on capital expenditure, dividends and share buybacks. 29% of that went back into the business.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.4% | 1.24× | 3.31× | 22.1% |
| FY2024 | 8.9% | 1.27× | 3.66× | 41.4% |
| FY2023 | 9.0% | 1.21× | 3.64× | 39.8% |
| FY2022 | 10.5% | 1.28× | 2.91× | 39.1% |
| FY2021 | 10.2% | 1.53× | 2.53× | 39.5% |
| FY2020 | 9.5% | 1.47× | 3.24× | 45.0% |
| FY2019 | 6.1% | 1.41× | 4.51× | 39.0% |
| FY2018 | -2.6% | 1.24× | 5.50× | -18.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$32.67M
- Cash generatingOperating cash flow above zero$36.89M
- Return on assets improvedROA up on the prior year10.2% → 7.1%
- Earnings backed by cashOperating cash flow above net income$36.89M vs $32.67M
- Less leverageLong-term debt to assets fell33.9% → 37.6%
- Better liquidityCurrent ratio rose1.96 → 2.51
- No dilutionShare count did not rise33M → 30M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose1.14 → 1.31
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