IDEX CORP (IEX) Fundamental Analysis & Valuation
NYSE:IEX • US45167R1041
Current stock price
204.9 USD
-0.22 (-0.11%)
At close:
205.089 USD
+0.19 (+0.09%)
After Hours:
This IEX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. IEX Profitability Analysis
1.1 Basic Checks
- IEX had positive earnings in the past year.
- 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 6.98% is fine compared to the rest of the industry. IEX outperforms 73.28% of its industry peers.
- The Return On Equity of IEX (12.00%) is better than 70.23% of its industry peers.
- IEX has a better Return On Invested Capital (8.86%) than 69.47% of its industry peers.
- IEX had an Average Return On Invested Capital over the past 3 years of 9.52%. This is in line with the industry average of 10.00%.
| Industry Rank | Sector 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%
1.3 Margins
- IEX has a Profit Margin of 13.98%. This is amongst the best in the industry. IEX outperforms 86.26% of its industry peers.
- IEX's Profit Margin has declined in the last couple of years.
- IEX's Operating Margin of 20.97% is amongst the best of the industry. IEX outperforms 91.60% of its industry peers.
- In the last couple of years the Operating Margin of IEX has declined.
- With an excellent Gross Margin value of 44.52%, IEX belongs to the best 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 Rank | Sector 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%
2. IEX Health Analysis
2.1 Basic Checks
- IEX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, IEX has less shares outstanding
- Compared to 5 years ago, IEX has less shares outstanding
- Compared to 1 year ago, IEX has an improved debt to assets ratio.
2.2 Solvency
- IEX has an Altman-Z score of 5.09. This indicates that IEX is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 5.09, IEX is in the better half of the industry, outperforming 73.28% of the companies in the same industry.
- IEX has a debt to FCF ratio of 2.95. This is a good value and a sign of high solvency as IEX would need 2.95 years to pay back of all of its debts.
- IEX's Debt to FCF ratio of 2.95 is fine compared to the rest of the industry. IEX outperforms 72.52% of its industry peers.
- A Debt/Equity ratio of 0.45 indicates that IEX is not too dependend on debt financing.
- IEX has a Debt to Equity ratio (0.45) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 2.95 | ||
| Altman-Z | 5.09 |
ROIC/WACC0.87
WACC10.24%
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.
- With a decent Current ratio value of 2.86, IEX is doing good in the industry, outperforming 75.57% of the companies in the same industry.
- IEX has a Quick Ratio of 2.02. This indicates that IEX is financially healthy and has no problem in meeting its short term obligations.
- IEX has a better Quick ratio (2.02) than 78.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.86 | ||
| Quick Ratio | 2.02 |
3. IEX Growth Analysis
3.1 Past
- IEX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.89%.
- The Earnings Per Share has been growing by 8.86% on average over the past years. This is quite good.
- The Revenue has been growing slightly by 5.77% in the past year.
- 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
- IEX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.46% yearly.
- The Revenue is expected to grow by 8.61% on average over the next years. This is quite good.
EPS Next Y5.1%
EPS Next 2Y6.79%
EPS Next 3Y8.37%
EPS Next 5Y12.46%
Revenue Next Year3.57%
Revenue Next 2Y3.96%
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.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. IEX Valuation Analysis
4.1 Price/Earnings Ratio
- IEX is valuated quite expensively with a Price/Earnings ratio of 25.77.
- IEX's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 27.33, IEX is valued at the same level.
- Based on the Price/Forward Earnings ratio of 24.52, the valuation of IEX can be described as rather expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of IEX is on the same level as its industry peers.
- IEX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 38.16, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.77 | ||
| Fwd PE | 24.52 |
4.2 Price Multiples
- IEX's Enterprise Value to EBITDA is on the same level as the industry average.
- 65.65% of the companies in the same industry are more expensive than IEX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.65 | ||
| EV/EBITDA | 17.65 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of IEX may justify a higher PE ratio.
PEG (NY)5.06
PEG (5Y)2.91
EPS Next 2Y6.79%
EPS Next 3Y8.37%
5. IEX Dividend Analysis
5.1 Amount
- IEX has a Yearly Dividend Yield of 1.42%.
- Compared to an average industry Dividend Yield of 1.08, IEX pays a better dividend. On top of this IEX pays more dividend than 80.92% of the companies listed in the same industry.
- Compared to the average S&P500 Dividend Yield of 1.82, IEX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
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 Years16
Div Non Decr Years30
5.3 Sustainability
- IEX pays out 44.00% 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%
EPS Next 2Y6.79%
EPS Next 3Y8.37%
IEX Fundamentals: All Metrics, Ratios and Statistics
204.9
-0.22 (-0.11%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryMachinery
Market Cap15.20B
Analysts78
PE25.77
Fwd PE24.52
ROIC/WACC0.87
Debt/Equity0.45
Debt/FCF2.95
OM20.97%
GM44.52%
PM (TTM)13.98%
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
Yearly Dividend2.83
Dividend Growth(5Y)7.19%
DP44%
Div Incr Years16
Div Non Decr Years30
Ex-Date01-16 2026-01-16 (0.71)
IDEX CORP / IEX Fundamental Analysis FAQ
What is the fundamental rating for IEX stock?
ChartMill assigns a fundamental rating of 6 / 10 to IEX.
What is the valuation status of IDEX CORP (IEX) stock?
ChartMill assigns a valuation rating of 3 / 10 to IDEX CORP (IEX). This can be considered as Overvalued.
How profitable is IDEX CORP (IEX) stock?
IDEX CORP (IEX) has a profitability rating of 7 / 10.
How financially healthy is IDEX CORP?
The financial health rating of IDEX CORP (IEX) is 7 / 10.
What is the expected EPS growth for IDEX CORP (IEX) stock?
The Earnings per Share (EPS) of IDEX CORP (IEX) is expected to grow by 5.1% in the next year.