IDEX CORP (IEX) Fundamental Analysis & Valuation
NYSE:IEX • US45167R1041
197.9 USD
-5.43 (-2.67%)
At close: Mar 6, 2026
197.9 USD
0 (0%)
After Hours: 3/6/2026, 8:26:22 PM
This IEX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Overall IEX gets a fundamental rating of 6 out of 10. We evaluated IEX against 130 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 quite expensive at the moment. It does show a decent growth rate. These ratings could make IEX a good candidate for quality investing.
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.
- In the past 5 years IEX has always been profitable.
- IEX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With a decent Return On Assets value of 6.98%, IEX is doing good in the industry, outperforming 72.31% of the companies in the same industry.
- The Return On Equity of IEX (12.00%) is better than 69.23% of its industry peers.
- With a decent Return On Invested Capital value of 8.86%, IEX is doing good in the industry, outperforming 66.92% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for IEX is in line with the industry average of 10.22%.
| 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)9.5%
ROIC(5y)10.42%
1.3 Margins
- IEX has a Profit Margin of 13.98%. This is amongst the best in the industry. IEX outperforms 84.62% of its industry peers.
- IEX's Profit Margin has declined in the last couple of years.
- IEX has a better Operating Margin (20.96%) than 91.54% 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 85.38% of the companies in the same industry.
- IEX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.96% | ||
| PM (TTM) | 13.98% | ||
| GM | 44.52% |
OM growth 3Y-5.33%
OM growth 5Y-1.66%
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 just above the Cost of Capital (WACC), which means it is creating some value.
- IEX has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, IEX has less shares outstanding
- IEX has a better debt/assets ratio than last year.
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 75.38% 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 has a Debt to FCF ratio of 2.95. This is in the better half of the industry: IEX outperforms 69.23% of its industry peers.
- IEX has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
- With a Debt to Equity ratio value of 0.45, IEX perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 2.95 | ||
| Altman-Z | 5.09 |
ROIC/WACC0.98
WACC9.03%
2.3 Liquidity
- A Current Ratio of 2.86 indicates that IEX has no problem at all paying its short term obligations.
- IEX has a Current ratio of 2.86. This is in the better half of the industry: IEX outperforms 75.38% of its industry peers.
- 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's Quick ratio of 2.02 is fine compared to the rest of the industry. IEX outperforms 74.62% 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%.
- 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
- 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.
- 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 Y5.53%
EPS Next 2Y7.07%
EPS Next 3Y10.53%
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.
4. IEX Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 24.89, which indicates a rather expensive current valuation of IEX.
- IEX's Price/Earnings ratio is in line with the industry average.
- When comparing the Price/Earnings ratio of IEX to the average of the S&P500 Index (26.29), we can say IEX is valued inline with the index average.
- A Price/Forward Earnings ratio of 23.59 indicates a rather expensive valuation of IEX.
- 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 24.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.89 | ||
| Fwd PE | 23.59 |
4.2 Price Multiples
- IEX's Enterprise Value to EBITDA is on the same level as the industry average.
- The rest of the industry has a similar Price/Free Cash Flow ratio as IEX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.02 | ||
| EV/EBITDA | 17.67 |
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)4.5
PEG (5Y)2.81
EPS Next 2Y7.07%
EPS Next 3Y10.53%
5. IEX Dividend Analysis
5.1 Amount
- IEX has a Yearly Dividend Yield of 1.36%.
- Compared to an average industry Dividend Yield of 1.13, IEX pays a bit more dividend than its industry peers.
- IEX's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
5.2 History
- On average, the dividend of IEX grows each year by 7.16%, which is quite nice.
- IEX has been paying a dividend for at least 10 years, so it has a reliable track record.
- IEX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.16%
Div Incr Years15
Div Non Decr Years29
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.
- The dividend of IEX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP44%
EPS Next 2Y7.07%
EPS Next 3Y10.53%
IEX Fundamentals: All Metrics, Ratios and Statistics
197.9
-5.43 (-2.67%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-04 2026-02-04/bmo
Earnings (Next)04-29 2026-04-29
Inst Owners106.01%
Inst Owner Change-0.71%
Ins Owners0.19%
Ins Owner Change4.03%
Market Cap14.81B
Revenue(TTM)3.46B
Net Income(TTM)483.20M
Analysts76.84
Price Target229.68 (16.06%)
Short Float %2.76%
Short Ratio2.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
Yearly Dividend2.82
Dividend Growth(5Y)7.16%
DP44%
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)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)15.32%
PT rev (3m)16.31%
EPS NQ rev (1m)-3.45%
EPS NQ rev (3m)-4.69%
EPS NY rev (1m)0.02%
EPS NY rev (3m)-1.37%
Revenue NQ rev (1m)2.36%
Revenue NQ rev (3m)1.74%
Revenue NY rev (1m)0.64%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.89 | ||
| Fwd PE | 23.59 | ||
| P/S | 4.28 | ||
| P/FCF | 24.02 | ||
| P/OCF | 21.77 | ||
| P/B | 3.68 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.67 |
EPS(TTM)7.95
EY4.02%
EPS(NY)8.39
Fwd EY4.24%
FCF(TTM)8.24
FCFY4.16%
OCF(TTM)9.09
OCFY4.59%
SpS46.19
BVpS53.81
TBVpS-8.48
PEG (NY)4.5
PEG (5Y)2.81
Graham Number98.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.98% | ||
| ROE | 12% | ||
| ROCE | 11.41% | ||
| ROIC | 8.86% | ||
| ROICexc | 9.75% | ||
| ROICexgc | 50.69% | ||
| OM | 20.96% | ||
| 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)9.5%
ROIC(5y)10.42%
ROICexc(3y)10.53%
ROICexc(5y)11.82%
ROICexgc(3y)55.4%
ROICexgc(5y)58.37%
ROCE(3y)12.24%
ROCE(5y)13.43%
ROICexgc growth 3Y-7.52%
ROICexgc growth 5Y-3.74%
ROICexc growth 3Y-10.17%
ROICexc growth 5Y-6.88%
OM growth 3Y-5.33%
OM growth 5Y-1.66%
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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 2.95 | ||
| Debt/EBITDA | 1.95 | ||
| Cap/Depr | 30.8% | ||
| Cap/Sales | 1.84% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.06% | ||
| Profit Quality | 127.65% | ||
| Current Ratio | 2.86 | ||
| Quick Ratio | 2.02 | ||
| Altman-Z | 5.09 |
F-Score8
WACC9.03%
ROIC/WACC0.98
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 Y5.53%
EPS Next 2Y7.07%
EPS Next 3Y10.53%
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 1Y4.11%
EBIT growth 3Y-2.67%
EBIT growth 5Y6.22%
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 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 2 / 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 24.89 and the Price/Book (PB) ratio is 3.68.
How sustainable is the dividend of IDEX CORP (IEX) stock?
The dividend rating of IDEX CORP (IEX) is 6 / 10 and the dividend payout ratio is 44%.