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IDEX BIOMETRICS ASA (IDEX.OL) Stock Fundamental Analysis

Europe - Euronext Oslo - OSL:IDEX - NO0013536078 - Common Stock

3.225 NOK
+0.2 (+6.44%)
Last: 12/5/2025, 1:25:01 PM
Fundamental Rating

1

Taking everything into account, IDEX scores 1 out of 10 in our fundamental rating. IDEX was compared to 52 industry peers in the Electronic Equipment, Instruments & Components industry. IDEX has a bad profitability rating. Also its financial health evaluation is rather negative. IDEX does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

IDEX had negative earnings in the past year.
IDEX had a negative operating cash flow in the past year.
IDEX had negative earnings in each of the past 5 years.
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

Looking at the Return On Assets, with a value of -100.76%, IDEX is doing worse than 94.23% of the companies in the same industry.
The Return On Equity of IDEX (-931.96%) is worse than 92.31% of its industry peers.
Industry RankSector Rank
ROA -100.76%
ROE -931.96%
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

IDEX does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
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.
Compared to 1 year ago, IDEX has more shares outstanding
IDEX has more shares outstanding than it did 5 years ago.
IDEX has a better debt/assets ratio than last year.
IDEX.OL Yearly Shares OutstandingIDEX.OL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M
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

IDEX has an Altman-Z score of -3.88. This is a bad value and indicates that IDEX is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -3.88, IDEX is not doing good in the industry: 92.31% of the companies in the same industry are doing better.
IDEX has a Debt/Equity ratio of 1.75. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of IDEX (1.75) is worse than 88.46% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.75
Debt/FCF N/A
Altman-Z -3.88
ROIC/WACCN/A
WACC8.22%
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

IDEX has a Current Ratio of 1.67. This is a normal value and indicates that IDEX is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of IDEX (1.67) is comparable to the rest of the industry.
A Quick Ratio of 0.47 indicates that IDEX may have some problems paying its short term obligations.
IDEX has a worse Quick ratio (0.47) than 88.46% of its industry peers.
Industry RankSector Rank
Current Ratio 1.67
Quick Ratio 0.47
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 92.99%, which is quite impressive.
Looking at the last year, IDEX shows a very negative growth in Revenue. The Revenue has decreased by -87.72% in the last year.
The Revenue has been growing by 14.73% on average over the past years. This is quite good.
EPS 1Y (TTM)92.99%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-250%
Revenue 1Y (TTM)-87.72%
Revenue growth 3Y-33.35%
Revenue growth 5Y14.73%
Sales Q2Q%-79.49%

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 -20 -40 -60 -80 -100

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for IDEX. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 6.21, which indicates a rather cheap valuation of IDEX.
Based on the Price/Forward Earnings ratio, IDEX is valued cheaply inside the industry as 90.38% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.40, IDEX is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 6.21
IDEX.OL Price Earnings VS Forward Price EarningsIDEX.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 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

IDEX does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

IDEX BIOMETRICS ASA

OSL:IDEX (12/5/2025, 1:25:01 PM)

3.225

+0.2 (+6.44%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)11-13 2025-11-13
Earnings (Next)02-16 2026-02-16/amc
Inst Owners4.78%
Inst Owner ChangeN/A
Ins Owners37.78%
Ins Owner ChangeN/A
Market Cap56.59M
Revenue(TTM)269.00K
Net Income(TTM)-8.57M
Analysts82.86
Price Target1148.1 (35500%)
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 6.21
P/S 20.83
P/FCF N/A
P/OCF N/A
P/B 6.09
P/tB 14.04
EV/EBITDA N/A
EPS(TTM)-6.07
EYN/A
EPS(NY)0.52
Fwd EY16.1%
FCF(TTM)-5.66
FCFYN/A
OCF(TTM)-5.66
OCFYN/A
SpS0.15
BVpS0.53
TBVpS0.23
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -100.76%
ROE -931.96%
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
ROICexgc growth 3YN/A
ROICexgc 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-Score2
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 1.75
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 1.67
Quick Ratio 0.47
Altman-Z -3.88
F-Score2
WACC8.22%
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)92.99%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-250%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-87.72%
Revenue growth 3Y-33.35%
Revenue growth 5Y14.73%
Sales Q2Q%-79.49%
Revenue Next Year49.24%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y32.83%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1659.05%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y67.63%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y67.27%
OCF growth 3YN/A
OCF growth 5YN/A

IDEX BIOMETRICS ASA / IDEX.OL FAQ

What is the ChartMill fundamental rating of IDEX BIOMETRICS ASA (IDEX.OL) stock?

ChartMill assigns a fundamental rating of 1 / 10 to IDEX.OL.


Can you provide the valuation status for IDEX BIOMETRICS ASA?

ChartMill assigns a valuation rating of 2 / 10 to IDEX BIOMETRICS ASA (IDEX.OL). This can be considered as Overvalued.


Can you provide the profitability details for IDEX BIOMETRICS ASA?

IDEX BIOMETRICS ASA (IDEX.OL) has a profitability rating of 0 / 10.