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Intermap Technologies Corp (IMP) Fair Value & Analysis

Technology · CA · Market cap C$70.8M (≈ $51.2M) · ISIN CA4589774021

What is Intermap Technologies Corp really worth?

IT Intermap Technologies Corp IMP · TO
PriceC$0.9800
Fair ValueC$0.1785
Upside−81.8%
Quality14/100

Below-average quality, and trading another 449% above our fair value of C$0.1785.

As of Aug 20, 2026, the fair value of Intermap Technologies Corp is C$0.1785 per share against a price of C$0.9800, so the fair value sits 82% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Expensive Growth (revenue 5y +17.5 %/yr)
!Loss-making · -110.5% net margin
!Low debt · negative free cash flow
!Trails peers (1/10)
!Narrow moat 12/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range C$0.1190 – C$0.2295

Fair value as of: Aug 20, 2026

From 1 valuation models · updated 17 days ago

Share price −1.0% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (C$0.2295). The favourable scenario is already priced in.
  • Weak quality (14/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (C$0.1190 to C$0.2295) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

C$3.49 C$0.3700 Fair Value C$0.1785 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

60‑month range C$0.3700 – C$3.49 · fair‑value band C$0.1190 – C$0.2295 · the C$0.9800 price screens above the C$0.1785 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 20, 2026.

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Analysis

Intermap Technologies Corp (IMP) currently trades at C$0.9800, while our model-based Fair Value estimate is C$0.1785, implying the stock looks roughly 449.1% overvalued today. The Quality Score stands at 14/100 (below-average quality), in the Technology sector. How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the evidence level at low.

Trailing-twelve-month revenue stands at C$7.7M. Revenue declined 66.8% year over year. It earns a return on equity of −55.7%. The balance sheet holds a net cash position of C$20.5M. Fundamentals as of Aug 20, 2026

Our scenario range runs from C$0.1190 (bear case) to C$0.2295 (bull case); at C$0.9800, the current price sits above 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. The share trades about 72% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at −36% fair-value upside, at −82%, IMP screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
NCAV (Graham) best evidence C$0.1700 C$0.2200 C$0.3300 54
All 1 models by family
Asset-Based
NCAV (Graham) best evidence C$0.1700 C$0.2200 C$0.3300 54

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Key figures & financial health

P/S ratio 9.17 TTM
EPS (TTM) C$−0.1800
Net margin −63.5% FY2025
Return on equity −55.7% TTM
Return on assets (EBIT) −42.3% avg 5y
Operating margin −195% TTM
More key figures
Growth
Revenue (TTM) C$7.7M TTM
Revenue growth (YoY) −66.8% 3y avg +15.9%
Balance sheet & cash flow
Free cash flow −C$5.1M FY2025
Net cash C$20.5M FY2025

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 14/100

Of which business quality 20 · Market factors (momentum, volatility) 23

Profitability 3
Margins and returns on capital today
Quality Growth 0
Are margins and returns improving?
Cashflow 3
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 30
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 0
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Intermap Technologies Corporation, a geospatial intelligence company, provides various geospatial solutions and analytics in the United States, the Asia Pacific, and Europe.

Full company description

Intermap Technologies Corporation, a geospatial intelligence company, provides various geospatial solutions and analytics in the United States, the Asia Pacific, and Europe. The company offers core digital map products comprising digital surface model, a digital elevation model that measures the top surface of the earth and objects located on it; digital terrain model, a geometrically correct reference frame over which other data layers, such as aerial photography and other types of images; multi-frequency orthorectified radar imagery, which provides terrain features, including roads, trees, and buildings for other mapping applications such as topographic line maps; and NEXTMap One, a precision, 3D geospatial data at an unprecedented 1-meter resolution. It also provides additional mapping and image products, such as custom contours, terrain-derived hydrology datasets, terrain-derived coastline datasets, slope maps, aspect maps, hillshade images, contours, clutter, and land cover. In addition, the company offers Data-as-a-Service (DaaS) solutions, which include InsitePro, a configurable insurance underwriting software; NEXTView, a configurable data solution that delivers terrain and obstacle awareness for airborne safety; and aquarius software and solutions. Further, the company provides geospatial data acquisition and production services; value-added data licensing; pricing; and software solutions and services. The company's products are used in various applications comprising location-based information, geospatial risk assessment, geographic information systems, engineering, utilities, global positioning systems maps, oil and gas, renewable energy, hydrology, environmental planning, wireless communications, transportation, advertising, and 3D visualization. Intermap Technologies Corporation was founded in 1919 and is headquartered in Englewood, Colorado.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Intermap Technologies Corp reported revenue of $10.6M in FY2025 versus $5.8M in FY2021, a compound +16.2%/yr. Reported net income was −$6.7M in FY2025.

Growth Quality 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
C$10.6M
Latest YoY
−40.1%
Avg. revenue 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.
+15.9%
Avg. revenue 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.
+17.5%
Avg. revenue growth/yr (28Y) 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.
−1.1%
EBIT margin (trend) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−91.1% (2020) → −65.6% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +16.2%/yr
FY21 $5.8M
FY22 $6.8M
FY23 $6.2M
FY24 $17.6M
FY25 $10.6M
Net income
FY21 −$3.4M
FY22 −$5.3M
FY23 −$3.7M
FY24 $2.5M
FY25 −$6.7M

IMP screens 449% overvalued. Compare with SAP SE →

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Cite: Fair Value Calculator (2026). "Intermap Technologies Corp Fair Value". https://www.fairvalue-calculator.com/stock/IMP.TO

Peer Group

Software - Application · 691 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 20 · Bottom 25%
Fair Value upside −82% · Bottom 25%
Return on assets −23% · Bottom 25%
Net margin (TTM) −110% · Bottom 25%
Operating margin (TTM) −195% · Bottom 25%
Revenue growth −67% · Bottom 25%
Debt / equity 0.05× · Higher than median

Valuation Multiples vs Software - Application median · lower = cheaper

P/B 2.08× · Cheaper than median
P/S (TTM) 6.63× · Pricier than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE0 · sector 36
PAST0 · sector 12
HEALTH98 · sector 98
DIVIDEND0 · sector 28

VALUE 0: the price sits above our fair-value range.

Values & ESG

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

None of the checked exposures detected

Similar stocks

10 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).

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Shopify Inc SHOP C$209.78 C$28.76 −86%
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Snowflake Inc SNOW $329.11 $42.27 −87%
Adobe Inc ADBE $266.51 $454.04 +70%
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Frequently asked questions

Is Intermap Technologies Corp (IMP) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of C$0.1785 versus a price of C$0.9800, about −82% upside (overvalued).
What is the fair value of IMP?
Our model-based fair value for Intermap Technologies Corp is C$0.1785 (as of Aug 20, 2026), built from audited fundamentals. The current price: C$0.9800.
What is the quality score of IMP?
Intermap Technologies Corp has a Quality Score of 14/100. 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 price target for Intermap Technologies Corp (IMP)?
Our model-based price target is the fair value of C$0.1785 (as of Aug 20, 2026) from 1 valuation models. Cautious scenario C$0.1190, optimistic scenario C$0.2295. It is a calculation from audited fundamentals, not an analyst target.
What is the Intermap Technologies Corp stock forecast for 2026?
Our models put fair value at C$0.1785, about −82% upside versus a price of C$0.9800 (overvalued). Cautious scenario C$0.1190, optimistic scenario C$0.2295. The calculation is refreshed regularly with new filings.
What is the revenue of Intermap Technologies Corp (IMP)?
Intermap Technologies Corp reported trailing-twelve-month revenue of about C$7.7M (latest available figure, as of Aug 20, 2026).
What is the net profit margin of IMP?
The net profit margin of Intermap Technologies Corp is about −110.5%, meaning it is currently running at a net loss. Based on the latest reported figures.
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