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IDEX BIOMETRICS ASA (IDEX.OL) Stock Fundamental Analysis

OSL:IDEX - Euronext Oslo - NO0013536078 - Common Stock - Currency: NOK

3.574  -0.03 (-0.71%)

Fundamental Rating

1

Overall IDEX gets a fundamental rating of 1 out of 10. We evaluated IDEX against 48 industry peers in the Electronic Equipment, Instruments & Components industry. Both the profitability and financial health of IDEX have multiple concerns. IDEX is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

IDEX had negative earnings in the past year.
In the past year IDEX has reported a negative cash flow from operations.
In the past 5 years IDEX always reported negative net income.
IDEX had a negative operating cash flow in each of the past 5 years.
IDEX.OL Yearly Net Income VS EBIT VS OCF VS FCFIDEX.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -10M -20M -30M

1.2 Ratios

With a Return On Assets value of -144.01%, IDEX is not doing good in the industry: 93.62% of the companies in the same industry are doing better.
IDEX's Return On Equity of -9147.92% is on the low side compared to the rest of the industry. IDEX is outperformed by 91.49% of its industry peers.
Industry RankSector Rank
ROA -144.01%
ROE -9147.92%
ROIC N/A
ROA(3y)-119.85%
ROA(5y)-118.87%
ROE(3y)-228.17%
ROE(5y)-196.92%
ROIC(3y)N/A
ROIC(5y)N/A
IDEX.OL Yearly ROA, ROE, ROICIDEX.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -100 -200 -300

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for IDEX so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
IDEX.OL Yearly Profit, Operating, Gross MarginsIDEX.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -20K -40K -60K

1

2. Health

2.1 Basic Checks

IDEX does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for IDEX has been increased compared to 1 year ago.
IDEX has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, IDEX has an improved debt to assets ratio.
IDEX.OL Yearly Shares OutstandingIDEX.OL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
IDEX.OL Yearly Total Debt VS Total AssetsIDEX.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

2.2 Solvency

Based on the Altman-Z score of -59.33, we must say that IDEX is in the distress zone and has some risk of bankruptcy.
IDEX's Altman-Z score of -59.33 is on the low side compared to the rest of the industry. IDEX is outperformed by 91.49% of its industry peers.
A Debt/Equity ratio of 12.58 is on the high side and indicates that IDEX has dependencies on debt financing.
IDEX has a Debt to Equity ratio of 12.58. This is amonst the worse of the industry: IDEX underperforms 91.49% of its industry peers.
Industry RankSector Rank
Debt/Equity 12.58
Debt/FCF N/A
Altman-Z -59.33
ROIC/WACCN/A
WACC8.34%
IDEX.OL Yearly LT Debt VS Equity VS FCFIDEX.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M 60M 80M

2.3 Liquidity

A Current Ratio of 1.65 indicates that IDEX should not have too much problems paying its short term obligations.
IDEX has a Current ratio of 1.65. This is comparable to the rest of the industry: IDEX outperforms 48.94% of its industry peers.
IDEX has a Quick Ratio of 1.65. This is a bad value and indicates that IDEX is not financially healthy enough and could expect problems in meeting its short term obligations.
IDEX has a worse Quick ratio (0.54) than 87.23% of its industry peers.
Industry RankSector Rank
Current Ratio 1.65
Quick Ratio 0.54
IDEX.OL Yearly Current Assets VS Current LiabilitesIDEX.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

2

3. Growth

3.1 Past

IDEX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 70.62%, which is quite impressive.
IDEX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -82.47%.
The Revenue has been growing by 14.73% on average over the past years. This is quite good.
EPS 1Y (TTM)70.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%74.23%
Revenue 1Y (TTM)-82.47%
Revenue growth 3Y-33.35%
Revenue growth 5Y14.73%
Sales Q2Q%-72.04%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year49.24%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
IDEX.OL Yearly Revenue VS EstimatesIDEX.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
IDEX.OL Yearly EPS VS EstimatesIDEX.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2020 2021 2022 2023 2025 0 0.5 -0.5 -1 -1.5 -2

2

4. Valuation

4.1 Price/Earnings Ratio

IDEX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 6.88, the valuation of IDEX can be described as very cheap.
Based on the Price/Forward Earnings ratio, IDEX is valued cheaply inside the industry as 85.11% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, IDEX is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 6.88
IDEX.OL Price Earnings VS Forward Price EarningsIDEX.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
IDEX.OL Per share dataIDEX.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -2 -4 -6

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

No dividends for IDEX!.
Industry RankSector Rank
Dividend Yield N/A

IDEX BIOMETRICS ASA

OSL:IDEX (7/11/2025, 7:00:00 PM)

3.574

-0.03 (-0.71%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)05-21 2025-05-21
Earnings (Next)08-15 2025-08-15
Inst Owners1.4%
Inst Owner ChangeN/A
Ins Owners0.62%
Ins Owner ChangeN/A
Market Cap62.71M
Analysts82.86
Price Target13.24 (270.45%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 6.88
P/S 10.86
P/FCF N/A
P/OCF N/A
P/B 43.2
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-0.29
EYN/A
EPS(NY)0.52
Fwd EY14.53%
FCF(TTM)-7.68
FCFYN/A
OCF(TTM)-7.69
OCFYN/A
SpS0.33
BVpS0.08
TBVpS-0.23
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -144.01%
ROE -9147.92%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-119.85%
ROA(5y)-118.87%
ROE(3y)-228.17%
ROE(5y)-196.92%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score1
Asset Turnover0.06
Health
Industry RankSector Rank
Debt/Equity 12.58
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.65
Quick Ratio 0.54
Altman-Z -59.33
F-Score1
WACC8.34%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)70.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%74.23%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-82.47%
Revenue growth 3Y-33.35%
Revenue growth 5Y14.73%
Sales Q2Q%-72.04%
Revenue Next Year49.24%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y24.99%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1659.05%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y58.41%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y58.08%
OCF growth 3YN/A
OCF growth 5YN/A