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Imugene Limited (IMU) Fair Value & Analysis

Healthcare · AU · Market cap A$39.1M

IL Imugene Limited IMU · AU
PriceA$0.1000
Fair ValueA$0.0999
Upside-0.1%
Quality95/100
Evidence: Low Range A$0.0582 – A$0.1325

Fair value as of: Jun 26, 2026

From 3 valuation models · updated 4 days ago

Fair value updated Jun 26, 2026 — revised from A$0.4800 to A$0.0999 (−79.2%) since Jun 24, 2026.

Price vs Fair Value (12 months)

A$0.4139 A$0.0791 Fair Value A$0.0999 Jun 2025 Jun 2026

12‑month range A$0.0791 – A$0.4139 · fair‑value band A$0.0582 – A$0.1325 · the A$0.1000 price screens above the A$0.0999 fair value. As of Jun 26, 2026.

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Analysis

Imugene Limited (IMU) currently trades at A$0.1000, while our model-based Fair Value estimate is A$0.0999 — implying the stock looks roughly 0.1% overvalued today. We read business quality at 95/100 (high quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at A$3.9M. Revenue declined 36.0% year over year. The balance sheet holds a net cash position of A$11.3M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) A$3.9M
Revenue growth (YoY) -36.0%
Return on equity -111%
Free cash flow −A$90.0M FY2025
Operating margin -4,737%
EPS (TTM) A$-0.2300
More key figures
Net cash A$11.3M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Imugene Limited, a clinical-stage immuno-oncology company, develops a range of immunotherapies to activate the immune system of cancer patients to treat and eradicate tumours in Australia. Its lead products under development azer-cel, an allogeneic CAR T cell therapy in phase 1 clinical trial targeting relapsed/refractory non-hodgkin lymphoma and b-cell acute lymphoblastic leukemia; CF33 VAXINIA, a combination of genomic sequences from various vaccinia virus strains to generate potent virus in phase 1 clinical trial for mixed advanced solid tumours; and CF33 CD19 chimeric antigen receptor T cells therapies to target solid tumours in phase 1 study. The company also develops CF33 oncolytic virotherapy; HER-VAXX, a B-cell immunotherapy cancer vaccine completed phase 2 clinical trial to target metastatic gastric cancer; HERIZON, which is in Phase 1b/2 study for HER-Vaxx and chemotherapy; PD1-Vaxx, a cancer vaccine that aims to induce the body to produce polyclonal antibodies that block …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Imugene Limited reported revenue of A$4.4M in FY2025 versus A$7.2M in FY2021, a compound −11.7%/yr. Reported net income was −A$69.0M in FY2025.

Revenue −11.7%/yr
FY21 A$7.2M
FY22 A$13.0M
FY23 A$11.8M
FY24 A$5.0M
FY25 A$4.4M
Net income
FY21 −A$18.5M
FY22 −A$37.9M
FY23 −A$37.9M
FY24 −A$150M
FY25 −A$69.0M

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Frequently asked questions

Is Imugene Limited (IMU) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$0.0999 versus a price of A$0.1000 — about −0% (overvalued). Model-based estimate, not financial advice.
What is the fair value of IMU?
Our 21-model fair value for Imugene Limited is A$0.0999 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$0.1000.
What is the quality score of IMU?
Imugene Limited has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Imugene Limited (IMU)?
Imugene Limited reported trailing-twelve-month revenue of about A$3.9M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of IMU?
The net profit margin of Imugene Limited is about 0.0%, meaning it keeps roughly 0.0% 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.