IMCD N.V. (IMCD.AS) stock analysis

In our weekly check, IMCD N.V. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 8, red flags: 3.

About IMCD N.V.

IMCD N.V. is a Basic Materials company (Chemicals - Specialty) based in the Netherlands, listed on AMS as IMCD.AS.

What our checks show for IMCD.AS

Red flags

• The gross margin fell by 14.5 points, to 9.9%: costs are rising faster than prices.
• The net margin is only 4.6%: little room if costs rise.
• The stock has fallen as much as 66% from a peak. Would you have held through that?

Warning signs

• Operating profit covers interest only 3.9 times: a weak year could make the payments hard.
• The net margin fell by 1.5 points over 5 years, to 4.6%: the company keeps less of each sale as profit.
• Revenue grew only 1.3% a year over the last 3 years.
• Earnings per share fell 12.5% a year over the last 3 years.
• Net profit fell 11.4% a year over the last 3 years.
• The price swings a lot: 35.2% annual volatility. Expect large ups and downs.
• The stock is still below its previous peak.
• Thinly traded (about 130 thousand shares a day): buying and selling can move the price.

Strengths

• Operating cash flow is 1.48x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 21.6% a year over the next years.
• Analysts expect the net margin to improve by 2.8 points from today's 4.6%.
• Pay in shares is only 1% of free cash flow.

Similar companies

BCPC · CRDA.L · SXT · AXTA · EMN

Questions

What grade does IMCD N.V. (IMCD.AS) have?

In our weekly check, IMCD N.V. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 8, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of IMCD.AS stock?

This week's biggest flags for IMCD N.V.: Gross margin falling, Thin margins, Deep past fall. In total 11 of 25 checks show a warning or a red flag.

What does IMCD N.V. do?

IMCD N.V. is a Basic Materials company (Chemicals - Specialty) based in the Netherlands, listed on AMS as IMCD.AS.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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