IDEX CORP (IEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:IEX - US45167R1041 - Common Stock
196.93 USD
+1.63 (+0.83%)
196.93 USD
0 (0%)
Taking everything into account, IEX scores 6 out of 10 in our fundamental rating. IEX was compared to 132 industry peers in the Machinery industry. IEX has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. IEX is valied quite expensively at the moment, while it does show a decent growth rate. Finally IEX also has an excellent dividend rating. These ratings would make IEX suitable for dividend and quality investing!
1. Profitability
1.1 Basic Checks
- In the past year IEX was profitable.
- IEX had a positive operating cash flow in the past year.
- IEX had positive earnings in each of the past 5 years.
- IEX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- IEX's Return On Assets of 6.86% is fine compared to the rest of the industry. IEX outperforms 70.45% of its industry peers.
- IEX has a better Return On Equity (11.91%) than 68.94% of its industry peers.
- The Return On Invested Capital of IEX (8.70%) is better than 63.64% of its industry peers.
- IEX had an Average Return On Invested Capital over the past 3 years of 10.77%. This is in line with the industry average of 10.24%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.86% | ||
| ROE | 11.91% | ||
| ROIC | 8.7% |
ROA(3y)9.43%
ROA(5y)9.2%
ROE(3y)16.48%
ROE(5y)16.07%
ROIC(3y)10.77%
ROIC(5y)10.86%
1.3 Margins
- IEX's Profit Margin of 13.97% is amongst the best of the industry. IEX outperforms 84.09% of its industry peers.
- In the last couple of years the Profit Margin of IEX has declined.
- With an excellent Operating Margin value of 20.72%, IEX belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
- In the last couple of years the Operating Margin of IEX has declined.
- IEX has a better Gross Margin (44.41%) than 85.61% of its industry peers.
- In the last couple of years the Gross Margin of IEX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.72% | ||
| PM (TTM) | 13.97% | ||
| GM | 44.41% |
OM growth 3Y-3.35%
OM growth 5Y-2.38%
PM growth 3Y-1.68%
PM growth 5Y-1.96%
GM growth 3Y-0.06%
GM growth 5Y-0.4%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so IEX is still creating some value.
- IEX has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, IEX has less shares outstanding
- The debt/assets ratio for IEX is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 4.89 indicates that IEX is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 4.89, IEX is in the better half of the industry, outperforming 71.97% of the companies in the same industry.
- The Debt to FCF ratio of IEX is 3.26, which is a good value as it means it would take IEX, 3.26 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 3.26, IEX is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- IEX has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
- IEX has a Debt to Equity ratio (0.47) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.26 | ||
| Altman-Z | 4.89 |
ROIC/WACC0.92
WACC9.45%
2.3 Liquidity
- IEX has a Current Ratio of 2.93. This indicates that IEX is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 2.93, IEX is in the better half of the industry, outperforming 76.52% of the companies in the same industry.
- A Quick Ratio of 2.06 indicates that IEX has no problem at all paying its short term obligations.
- With a decent Quick ratio value of 2.06, IEX is doing good in the industry, outperforming 76.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.93 | ||
| Quick Ratio | 2.06 |
3. Growth
3.1 Past
- IEX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.87%.
- Measured over the past 5 years, IEX shows a small growth in Earnings Per Share. The EPS has been growing by 6.36% on average per year.
- The Revenue has been growing slightly by 7.09% in the past year.
- Measured over the past years, IEX shows a small growth in Revenue. The Revenue has been growing by 5.55% on average per year.
EPS 1Y (TTM)2.87%
EPS 3Y7.74%
EPS 5Y6.36%
EPS Q2Q%6.84%
Revenue 1Y (TTM)7.09%
Revenue growth 3Y5.74%
Revenue growth 5Y5.55%
Sales Q2Q%10.09%
3.2 Future
- The Earnings Per Share is expected to grow by 9.51% on average over the next years. This is quite good.
- Based on estimates for the next years, IEX will show a small growth in Revenue. The Revenue will grow by 7.01% on average per year.
EPS Next Y1.16%
EPS Next 2Y3.3%
EPS Next 3Y4.22%
EPS Next 5Y9.51%
Revenue Next Year5.14%
Revenue Next 2Y4.06%
Revenue Next 3Y4.47%
Revenue Next 5Y7.01%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 24.96, the valuation of IEX can be described as rather expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of IEX indicates a somewhat cheap valuation: IEX is cheaper than 60.61% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.38, IEX is valued at the same level.
- Based on the Price/Forward Earnings ratio of 23.42, the valuation of IEX can be described as rather expensive.
- IEX's Price/Forward Earnings is on the same level as the industry average.
- IEX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.96 | ||
| Fwd PE | 23.42 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IEX is on the same level as its industry peers.
- IEX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.24 | ||
| EV/EBITDA | 17.58 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates IEX does not grow enough to justify the current Price/Earnings ratio.
- The decent profitability rating of IEX may justify a higher PE ratio.
PEG (NY)21.51
PEG (5Y)3.93
EPS Next 2Y3.3%
EPS Next 3Y4.22%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.45%, IEX has a reasonable but not impressive dividend return.
- IEX's Dividend Yield is rather good when compared to the industry average which is at 0.98. IEX pays more dividend than 81.82% of the companies in the same industry.
- IEX's Dividend Yield is slightly below the S&P500 average, which is at 1.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.45% |
5.2 History
- The dividend of IEX is nicely growing with an annual growth rate of 6.95%!
- IEX has paid a dividend for at least 10 years, which is a reliable track record.
- IEX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.95%
Div Incr Years15
Div Non Decr Years29
5.3 Sustainability
- IEX pays out 44.24% of its income as dividend. This is a bit on the high side, but may be sustainable.
- IEX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP44.24%
EPS Next 2Y3.3%
EPS Next 3Y4.22%
196.93
+1.63 (+0.83%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)10-29 2025-10-29/bmo
Earnings (Next)02-04 2026-02-04/amc
Inst Owners106.01%
Inst Owner Change-0.14%
Ins Owners0.19%
Ins Owner Change2.55%
Market Cap14.74B
Revenue(TTM)3.42B
Net Income(TTM)477.90M
Analysts76.84
Price Target199.16 (1.13%)
Short Float %3.46%
Short Ratio4.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.45% |
Yearly Dividend2.71
Dividend Growth(5Y)6.95%
DP44.24%
Div Incr Years15
Div Non Decr Years29
Ex-Date01-16 2026-01-16 (0.71)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.51%
Min EPS beat(2)2.89%
Max EPS beat(2)4.13%
EPS beat(4)3
Avg EPS beat(4)3.25%
Min EPS beat(4)-0.11%
Max EPS beat(4)6.08%
EPS beat(8)5
Avg EPS beat(8)2.57%
EPS beat(12)9
Avg EPS beat(12)3.1%
EPS beat(16)12
Avg EPS beat(16)3.58%
Revenue beat(2)1
Avg Revenue beat(2)0.34%
Min Revenue beat(2)-0.22%
Max Revenue beat(2)0.9%
Revenue beat(4)1
Avg Revenue beat(4)-0.13%
Min Revenue beat(4)-1.1%
Max Revenue beat(4)0.9%
Revenue beat(8)2
Avg Revenue beat(8)-0.54%
Revenue beat(12)4
Avg Revenue beat(12)-0.08%
Revenue beat(16)7
Avg Revenue beat(16)0.63%
PT rev (1m)0.85%
PT rev (3m)0.38%
EPS NQ rev (1m)-0.09%
EPS NQ rev (3m)-4.18%
EPS NY rev (1m)0%
EPS NY rev (3m)0.02%
Revenue NQ rev (1m)-0.01%
Revenue NQ rev (3m)-1.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.96 | ||
| Fwd PE | 23.42 | ||
| P/S | 4.31 | ||
| P/FCF | 25.24 | ||
| P/OCF | 22.93 | ||
| P/B | 3.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.58 |
EPS(TTM)7.89
EY4.01%
EPS(NY)8.41
Fwd EY4.27%
FCF(TTM)7.8
FCFY3.96%
OCF(TTM)8.59
OCFY4.36%
SpS45.71
BVpS53.59
TBVpS-9.07
PEG (NY)21.51
PEG (5Y)3.93
Graham Number97.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.86% | ||
| ROE | 11.91% | ||
| ROCE | 11.07% | ||
| ROIC | 8.7% | ||
| ROICexc | 9.59% | ||
| ROICexgc | 49.69% | ||
| OM | 20.72% | ||
| PM (TTM) | 13.97% | ||
| GM | 44.41% | ||
| FCFM | 17.07% |
ROA(3y)9.43%
ROA(5y)9.2%
ROE(3y)16.48%
ROE(5y)16.07%
ROIC(3y)10.77%
ROIC(5y)10.86%
ROICexc(3y)11.91%
ROICexc(5y)12.81%
ROICexgc(3y)60.63%
ROICexgc(5y)61.29%
ROCE(3y)13.7%
ROCE(5y)13.82%
ROICexgc growth 3Y-3.1%
ROICexgc growth 5Y-4.49%
ROICexc growth 3Y-11.38%
ROICexc growth 5Y-9.81%
OM growth 3Y-3.35%
OM growth 5Y-2.38%
PM growth 3Y-1.68%
PM growth 5Y-1.96%
GM growth 3Y-0.06%
GM growth 5Y-0.4%
F-Score7
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.26 | ||
| Debt/EBITDA | 2.08 | ||
| Cap/Depr | 28.86% | ||
| Cap/Sales | 1.72% | ||
| Interest Coverage | 9.7 | ||
| Cash Conversion | 70.42% | ||
| Profit Quality | 122.2% | ||
| Current Ratio | 2.93 | ||
| Quick Ratio | 2.06 | ||
| Altman-Z | 4.89 |
F-Score7
WACC9.45%
ROIC/WACC0.92
Cap/Depr(3y)51%
Cap/Depr(5y)57.05%
Cap/Sales(3y)2.29%
Cap/Sales(5y)2.34%
Profit Quality(3y)102.65%
Profit Quality(5y)110.92%
High Growth Momentum
Growth
EPS 1Y (TTM)2.87%
EPS 3Y7.74%
EPS 5Y6.36%
EPS Q2Q%6.84%
EPS Next Y1.16%
EPS Next 2Y3.3%
EPS Next 3Y4.22%
EPS Next 5Y9.51%
Revenue 1Y (TTM)7.09%
Revenue growth 3Y5.74%
Revenue growth 5Y5.55%
Sales Q2Q%10.09%
Revenue Next Year5.14%
Revenue Next 2Y4.06%
Revenue Next 3Y4.47%
Revenue Next 5Y7.01%
EBIT growth 1Y1.74%
EBIT growth 3Y2.2%
EBIT growth 5Y3.04%
EBIT Next Year28.3%
EBIT Next 3Y12.77%
EBIT Next 5Y12.78%
FCF growth 1Y-1.8%
FCF growth 3Y6.97%
FCF growth 5Y4.79%
OCF growth 1Y-5.87%
OCF growth 3Y5.73%
OCF growth 5Y4.82%
IDEX CORP / IEX FAQ
What is the fundamental rating for IEX stock?
ChartMill assigns a fundamental rating of 6 / 10 to IEX.
Can you provide the valuation status for IDEX CORP?
ChartMill assigns a valuation rating of 3 / 10 to IDEX CORP (IEX). This can be considered as Overvalued.
What is the profitability of IEX stock?
IDEX CORP (IEX) has a profitability rating of 7 / 10.
What is the valuation of IDEX CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for IDEX CORP (IEX) is 24.96 and the Price/Book (PB) ratio is 3.67.
How sustainable is the dividend of IDEX CORP (IEX) stock?
The dividend rating of IDEX CORP (IEX) is 7 / 10 and the dividend payout ratio is 44.24%.