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IMCO Industries Ltd (IMCO) Fair Value & Analysis

Industrials · Il · Market cap 212M ILA

II IMCO Industries Ltd IMCO · TA
Price42.65 ILA
Fair Value58.81 ILA
Upside+37.9%
Quality47/100
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Expensive Growth
Thin margins · 6.0% net margin
Low debt · negative free cash flow
Ranks above peers (10/12)
Moderate moat 54/100
Evidence: High Range 31.19 ILA – 64.71 ILA Share as image

Fair value as of: Jul 16, 2026

From 17 valuation models · updated 25 days ago

Share price −18.1% over the past month.

Below-average quality, screening 38% undervalued on our models.

What matters now

  • Solid quality (47/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (31.19 ILA to 64.71 ILA) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

144.32 ILA 10.35 ILA Fair Value 58.81 ILA Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 10.35 ILA – 144.32 ILA · fair‑value band 31.19 ILA – 64.71 ILA · the 42.65 ILA price screens below the 58.81 ILA fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

IMCO Industries Ltd (IMCO) currently trades at 42.65 ILA, while our model-based Fair Value estimate is 58.81 ILA, implying the stock looks roughly 37.9% undervalued today. The Quality Score stands at 47/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, IMCO Industries Ltd generated revenue of 355M ILA at a net margin of 6.0%. Revenue grew 12.1% year over year. It earns a return on equity of 17.6%. Net debt stands at 113M ILA. Fundamentals as of Jul 16, 2026

Our scenario range runs from 31.19 ILA (bear case) to 64.71 ILA (bull case); at 42.65 ILA, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Industrials peers we cover trades at -59% fair-value upside, at 38%, IMCO screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income 23.37 ILA 28.26 ILA 50.66 ILA 76
ROIC Compounder 50.06 ILA 61.11 ILA 73.55 ILA 72
Gordon GGM 17.25 ILA 28.89 ILA 37.50 ILA 70
All 17 models by family
DCF Models
Owner Earnings 41.04 ILA 63.26 ILA 94.13 ILA 31
Earnings-Based
Graham-Dodd 28.64 ILA 122.14 ILA 166.81 ILA 54
Lynch FV 31.19 ILA 44.56 ILA 57.93 ILA 50
PEG = 1.0 31.19 ILA 44.56 ILA 57.93 ILA 46
EPV 46.18 ILA 51.74 ILA 56.25 ILA 59
Dividend Discount
Gordon GGM 17.25 ILA 28.89 ILA 37.50 ILA 70
DDM Multi-Stage 17.25 ILA 27.40 ILA 31.08 ILA 61
Multiples
P/E Multiple 66.33 ILA 88.44 ILA 110.55 ILA 63
P/S Multiple 53.70 ILA 71.60 ILA 89.49 ILA 58
P/B Multiple 53.70 ILA 71.60 ILA 89.49 ILA 55
EV/EBIT 99.50 ILA 132.73 ILA 165.95 ILA 53
EV/EBITDA 93.05 ILA 124.12 ILA 155.19 ILA 54
EV/Revenue 70.97 ILA 101.46 ILA 131.95 ILA 43
Asset-Based
NCAV (Graham) 12.31 ILA 16.49 ILA 24.61 ILA 50
Economic Profit
Residual Income 23.37 ILA 28.26 ILA 50.66 ILA 76
ROIC Compounder 50.06 ILA 61.11 ILA 73.55 ILA 72
Growth Earnings
Growth-Adj P/E 52.46 ILA 74.94 ILA 97.43 ILA 68

Widest divergence: Multiples (88.44 ILA) versus Asset-Based (16.49 ILA). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 355M ILA
Revenue growth (YoY) +12.1%
Net margin 6.0%
Return on equity 17.6%
Free cash flow −7.1M ILA FY2025
P/E ratio 10.2
More key figures
Operating margin 13.7%
EPS (TTM) 4.11 ILA
EPS growth (YoY) -22.9%
Net debt 113M ILA FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 45 · Market factors (momentum, volatility) 16

Profitability 50
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 12
Earnings quality: real cash, not paper profit
Fin. Strength 45
Balance sheet, leverage, solvency risk
Investment 53
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 2
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 66
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

IMCO Industries Ltd. engages in the development, planning, and production of military equipment for naval and armament use in Israel, the United States, and Romania. The company operates through Security, Civil, and Other segments.

Full company description

IMCO Industries Ltd. engages in the development, planning, and production of military equipment for naval and armament use in Israel, the United States, and Romania. The company operates through Security, Civil, and Other segments. It offers land solutions, including situational awareness systems, platform monitoring and control, remote controlled weapon systems, protection systems, power systems, driver assistance, and wire harnesses; air solutions comprising glass cockpit, mission computers and displays, early warning mission display, platform cable interconnection, and systems life cycle maintenance; and sea solutions that include displays and recorders, weapon system control and sight systems, platform cable interconnection, and systems life cycle maintenance. The company also provides missile and air defense solutions, such as gimbals, cabling, and harnesses; warfighter interfaces and control units; and power distribution systems. In addition, it offers turnkey solutions, including system design, manufacturing, testing, delivery, and post-sales services for medical, semiconductors, industrial, and homeland security. The company was incorporated in 1974 and is headquartered in Caesarea, Israel. IMCO Industries Ltd. operates as a subsidiary of Josef Yakir Investments & Assets Ltd.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

IMCO Industries Ltd reported revenue of 355M ILA in FY2025 versus 196M ILA in FY2021, a compound +16.0%/yr. Reported net income was 21.2M ILA in FY2025, compounding +93.5%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
355M ILS
Latest YoY
+17.0%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+16.1%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+16.7%
Avg. growth/yr (18Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.2%
Revenue +16.0%/yr
FY21 196M ILA
FY22 226M ILA
FY23 266M ILA
FY24 303M ILA
FY25 355M ILA
Net income +93.5%/yr
FY21 1.5M ILA
FY22 −1.5M ILA
FY23 6.2M ILA
FY24 24.9M ILA
FY25 21.2M ILA
Character of growth · EPS growth decomposed (2014-2025) +17.9 % p.a.
Revenue per share +9.5 pp

of which total revenue +9.7 pp · buybacks/dilution −0.2 pp

EBIT margin +11.0 pp
Tax rate +1.5 pp
Residual (interest, one-offs) −4.1 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "IMCO Industries Ltd Fair Value". https://www.fairvalue-calculator.com/stock/IMCO

Peer Group

Aerospace & Defense · 226 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 47 · Below median
Fair Value upside +38% · Top 25%
Return on equity (TTM) 18% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 6% · Below median
Operating margin (TTM) 14% · Above median
Revenue growth 12% · Above median
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Aerospace & Defense median · lower = cheaper

P/E (TTM) 10.2× · Cheaper than 75% of peers
P/B 0.56× · Cheaper than 75% of peers
P/S (TTM) 0.20× · Cheaper than 75% of peers
EV/EBITDA 1.6× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 84 · sector 0
FUTURE 61 · sector 46
PAST 70 · sector 38
HEALTH 99 · sector 94
DIVIDEND 0 · sector 15

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Weapons Defense

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
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RTX Corporation RTX $195.93 $88.37 -55%
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HD Hyundai Heavy Industries Co 329180 466,000 KRW 272,966 KRW -41%
Hanwha Aerospace Co 012450 967,000 KRW 573,468 KRW -41%
ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi ASELS 337.50 TRY 130.70 TRY -61%
Saab AB SAABB kr 520.40 kr 212.84 -59%
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Frequently asked questions

Is IMCO Industries Ltd (IMCO) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 58.81 ILA versus a price of 42.65 ILA, about +38% (undervalued).
What is the fair value of IMCO?
Our model-based fair value for IMCO Industries Ltd is 58.81 ILA (as of Jul 16, 2026), built from audited fundamentals. The current price is 42.65 ILA.
What is the quality score of IMCO?
IMCO Industries Ltd has a Quality Score of 47/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of IMCO Industries Ltd (IMCO)?
IMCO Industries Ltd reported trailing-twelve-month revenue of about 355M ILS (latest available figure, as of Jul 16, 2026).
What is the net profit margin of IMCO?
The net profit margin of IMCO Industries Ltd is about 6.0%, meaning it keeps roughly 6.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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