IDEX CORP (IEX) Fundamental Analysis & Valuation

NYSE:IEX • US45167R1041

Current stock price

184.11 USD
-3.27 (-1.75%)
At close:
184.11 USD
0 (0%)
After Hours:

This IEX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. IEX Profitability Analysis

1.1 Basic Checks

  • In the past year IEX was profitable.
  • In the past year IEX had a positive cash flow from operations.
  • IEX had positive earnings in each of the past 5 years.
  • Each year in the past 5 years IEX had a positive operating cash flow.
IEX Yearly Net Income VS EBIT VS OCF VS FCFIEX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

1.2 Ratios

  • With a decent Return On Assets value of 6.98%, IEX is doing good in the industry, outperforming 72.52% of the companies in the same industry.
  • IEX's Return On Equity of 12.00% is fine compared to the rest of the industry. IEX outperforms 67.94% of its industry peers.
  • With a decent Return On Invested Capital value of 8.86%, IEX is doing good in the industry, outperforming 67.18% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for IEX is in line with the industry average of 10.16%.
Industry RankSector Rank
ROA 6.98%
ROE 12%
ROIC 8.86%
ROA(3y)8.21%
ROA(5y)8.88%
ROE(3y)14.05%
ROE(5y)15.5%
ROIC(3y)9.52%
ROIC(5y)10.43%
IEX Yearly ROA, ROE, ROICIEX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • IEX has a Profit Margin of 13.98%. This is amongst the best in the industry. IEX outperforms 84.73% of its industry peers.
  • In the last couple of years the Profit Margin of IEX has declined.
  • IEX's Operating Margin of 20.97% is amongst the best of the industry. IEX outperforms 91.60% of its industry peers.
  • IEX's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 44.52%, IEX belongs to the top of the industry, outperforming 84.73% of the companies in the same industry.
  • In the last couple of years the Gross Margin of IEX has remained more or less at the same level.
Industry RankSector Rank
OM 20.97%
PM (TTM) 13.98%
GM 44.52%
OM growth 3Y-5.13%
OM growth 5Y-1.54%
PM growth 3Y-8.83%
PM growth 5Y-2.75%
GM growth 3Y-0.25%
GM growth 5Y0.37%
IEX Yearly Profit, Operating, Gross MarginsIEX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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8

2. IEX Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), IEX is creating some value.
  • Compared to 1 year ago, IEX has less shares outstanding
  • IEX has less shares outstanding than it did 5 years ago.
  • IEX has a better debt/assets ratio than last year.
IEX Yearly Shares OutstandingIEX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
IEX Yearly Total Debt VS Total AssetsIEX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.2 Solvency

  • IEX has an Altman-Z score of 4.82. This indicates that IEX is financially healthy and has little risk of bankruptcy at the moment.
  • With a decent Altman-Z score value of 4.82, IEX is doing good in the industry, outperforming 73.28% of the companies in the same industry.
  • The Debt to FCF ratio of IEX is 2.95, which is a good value as it means it would take IEX, 2.95 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 2.95, IEX is in the better half of the industry, outperforming 71.76% of the companies in the same industry.
  • A Debt/Equity ratio of 0.45 indicates that IEX is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.45, IEX is in line with its industry, outperforming 50.38% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 2.95
Altman-Z 4.82
ROIC/WACC0.94
WACC9.45%
IEX Yearly LT Debt VS Equity VS FCFIEX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.3 Liquidity

  • IEX has a Current Ratio of 2.86. 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 2.86, IEX is in the better half of the industry, outperforming 74.81% of the companies in the same industry.
  • A Quick Ratio of 2.02 indicates that IEX has no problem at all paying its short term obligations.
  • With a decent Quick ratio value of 2.02, IEX is doing good in the industry, outperforming 76.34% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.86
Quick Ratio 2.02
IEX Yearly Current Assets VS Current LiabilitesIEX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. IEX Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 0.89% over the past year.
  • Measured over the past years, IEX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.86% on average per year.
  • IEX shows a small growth in Revenue. In the last year, the Revenue has grown by 5.77%.
  • Measured over the past years, IEX shows a quite strong growth in Revenue. The Revenue has been growing by 8.01% on average per year.
EPS 1Y (TTM)0.89%
EPS 3Y-0.74%
EPS 5Y8.86%
EPS Q2Q%2.94%
Revenue 1Y (TTM)5.77%
Revenue growth 3Y2.81%
Revenue growth 5Y8.01%
Sales Q2Q%4.2%

3.2 Future

  • Based on estimates for the next years, IEX will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.46% on average per year.
  • IEX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.61% yearly.
EPS Next Y5.05%
EPS Next 2Y6.81%
EPS Next 3Y8.37%
EPS Next 5Y12.46%
Revenue Next Year3.57%
Revenue Next 2Y4.01%
Revenue Next 3Y4.8%
Revenue Next 5Y8.61%

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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
IEX Yearly Revenue VS EstimatesIEX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B 5B
IEX Yearly EPS VS EstimatesIEX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10

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3

4. IEX Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 23.16, which indicates a rather expensive current valuation of IEX.
  • IEX's Price/Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Earnings ratio is at 25.23. IEX is around the same levels.
  • IEX is valuated rather expensively with a Price/Forward Earnings ratio of 22.04.
  • The rest of the industry has a similar Price/Forward Earnings ratio as IEX.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.28, IEX is valued at the same level.
Industry RankSector Rank
PE 23.16
Fwd PE 22.04
IEX Price Earnings VS Forward Price EarningsIEX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as IEX.
  • Based on the Price/Free Cash Flow ratio, IEX is valued a bit cheaper than 61.83% of the companies in the same industry.
Industry RankSector Rank
P/FCF 22.19
EV/EBITDA 16.28
IEX Per share dataIEX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40

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.
  • IEX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)4.58
PEG (5Y)2.61
EPS Next 2Y6.81%
EPS Next 3Y8.37%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. IEX Dividend Analysis

5.1 Amount

  • IEX has a Yearly Dividend Yield of 1.52%. Purely for dividend investing, there may be better candidates out there.
  • IEX's Dividend Yield is rather good when compared to the industry average which is at 1.18. IEX pays more dividend than 80.92% of the companies in the same industry.
  • IEX's Dividend Yield is slightly below the S&P500 average, which is at 1.91.
Industry RankSector Rank
Dividend Yield 1.52%

5.2 History

  • The dividend of IEX is nicely growing with an annual growth rate of 7.19%!
  • IEX has been paying a dividend for at least 10 years, so it has 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)7.19%
Div Incr Years15
Div Non Decr Years29
IEX Yearly Dividends per shareIEX Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

5.3 Sustainability

  • 44.00% of the earnings are spent on dividend by IEX. 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%
EPS Next 2Y6.81%
EPS Next 3Y8.37%
IEX Yearly Income VS Free CF VS DividendIEX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
IEX Dividend Payout.IEX Dividend Payout, showing the Payout Ratio.IEX Dividend Payout.PayoutRetained Earnings

More info and screens

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IEX Fundamentals: All Metrics, Ratios and Statistics

IDEX CORP

NYSE:IEX (3/20/2026, 8:04:00 PM)

After market: 184.11 0 (0%)

184.11

-3.27 (-1.75%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-04
Earnings (Next)04-29
Inst Owners107.31%
Inst Owner Change-0.74%
Ins Owners0.24%
Ins Owner Change4.03%
Market Cap13.69B
Revenue(TTM)3.46B
Net Income(TTM)483.20M
Analysts78.95
Price Target229.68 (24.75%)
Short Float %2.82%
Short Ratio2.61
Dividend
Industry RankSector Rank
Dividend Yield 1.52%
Yearly Dividend2.83
Dividend Growth(5Y)7.19%
DP44%
Div Incr Years15
Div Non Decr Years29
Ex-Date01-16
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.95%
Min EPS beat(2)1.76%
Max EPS beat(2)4.13%
EPS beat(4)4
Avg EPS beat(4)3.72%
Min EPS beat(4)1.76%
Max EPS beat(4)6.08%
EPS beat(8)5
Avg EPS beat(8)2.54%
EPS beat(12)9
Avg EPS beat(12)3.19%
EPS beat(16)13
Avg EPS beat(16)3.87%
Revenue beat(2)2
Avg Revenue beat(2)0.89%
Min Revenue beat(2)0.88%
Max Revenue beat(2)0.9%
Revenue beat(4)2
Avg Revenue beat(4)0.36%
Min Revenue beat(4)-0.22%
Max Revenue beat(4)0.9%
Revenue beat(8)2
Avg Revenue beat(8)-0.63%
Revenue beat(12)4
Avg Revenue beat(12)-0.33%
Revenue beat(16)8
Avg Revenue beat(16)0.69%
PT rev (1m)13.58%
PT rev (3m)16.31%
EPS NQ rev (1m)-0.42%
EPS NQ rev (3m)-4.69%
EPS NY rev (1m)-0.45%
EPS NY rev (3m)-0.69%
Revenue NQ rev (1m)0.18%
Revenue NQ rev (3m)1.74%
Revenue NY rev (1m)0.64%
Revenue NY rev (3m)0.59%
Valuation
Industry RankSector Rank
PE 23.16
Fwd PE 22.04
P/S 3.96
P/FCF 22.19
P/OCF 20.12
P/B 3.4
P/tB N/A
EV/EBITDA 16.28
EPS(TTM)7.95
EY4.32%
EPS(NY)8.35
Fwd EY4.54%
FCF(TTM)8.3
FCFY4.51%
OCF(TTM)9.15
OCFY4.97%
SpS46.5
BVpS54.17
TBVpS-8.53
PEG (NY)4.58
PEG (5Y)2.61
Graham Number98.44
Profitability
Industry RankSector Rank
ROA 6.98%
ROE 12%
ROCE 11.42%
ROIC 8.86%
ROICexc 9.75%
ROICexgc 50.71%
OM 20.97%
PM (TTM) 13.98%
GM 44.52%
FCFM 17.84%
ROA(3y)8.21%
ROA(5y)8.88%
ROE(3y)14.05%
ROE(5y)15.5%
ROIC(3y)9.52%
ROIC(5y)10.43%
ROICexc(3y)10.55%
ROICexc(5y)11.83%
ROICexgc(3y)55.51%
ROICexgc(5y)58.44%
ROCE(3y)12.27%
ROCE(5y)13.45%
ROICexgc growth 3Y-7.32%
ROICexgc growth 5Y-3.62%
ROICexc growth 3Y-9.98%
ROICexc growth 5Y-6.76%
OM growth 3Y-5.13%
OM growth 5Y-1.54%
PM growth 3Y-8.83%
PM growth 5Y-2.75%
GM growth 3Y-0.25%
GM growth 5Y0.37%
F-Score8
Asset Turnover0.5
Health
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 2.95
Debt/EBITDA 1.95
Cap/Depr 30.8%
Cap/Sales 1.84%
Interest Coverage 10.04
Cash Conversion 73.03%
Profit Quality 127.65%
Current Ratio 2.86
Quick Ratio 2.02
Altman-Z 4.82
F-Score8
WACC9.45%
ROIC/WACC0.94
Cap/Depr(3y)42.33%
Cap/Depr(5y)50.87%
Cap/Sales(3y)2.19%
Cap/Sales(5y)2.27%
Profit Quality(3y)117.4%
Profit Quality(5y)109.04%
High Growth Momentum
Growth
EPS 1Y (TTM)0.89%
EPS 3Y-0.74%
EPS 5Y8.86%
EPS Q2Q%2.94%
EPS Next Y5.05%
EPS Next 2Y6.81%
EPS Next 3Y8.37%
EPS Next 5Y12.46%
Revenue 1Y (TTM)5.77%
Revenue growth 3Y2.81%
Revenue growth 5Y8.01%
Sales Q2Q%4.2%
Revenue Next Year3.57%
Revenue Next 2Y4.01%
Revenue Next 3Y4.8%
Revenue Next 5Y8.61%
EBIT growth 1Y4.17%
EBIT growth 3Y-2.47%
EBIT growth 5Y6.35%
EBIT Next Year34.46%
EBIT Next 3Y15.74%
EBIT Next 5Y16.13%
FCF growth 1Y2.29%
FCF growth 3Y8.02%
FCF growth 5Y3.56%
OCF growth 1Y1.84%
OCF growth 3Y6.87%
OCF growth 5Y3.63%

IDEX CORP / IEX Fundamental Analysis FAQ

What is the fundamental rating for IEX stock?

ChartMill assigns a fundamental rating of 7 / 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 23.16 and the Price/Book (PB) ratio is 3.4.


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%.