IDEX CORP (IEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:IEX - US45167R1041 - Common Stock
180.057 USD
-1.18 (-0.65%)
We assign a fundamental rating of 6 out of 10 to IEX. IEX was compared to 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. While showing a medium growth rate, IEX is valued expensive at the moment. With these ratings, IEX could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
IEX had positive earnings in the past year.
In the past year IEX had a positive cash flow from operations.
IEX had positive earnings in each of the past 5 years.
In the past 5 years IEX always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 6.86%, IEX is doing good in the industry, outperforming 69.23% of the companies in the same industry.
IEX has a Return On Equity of 11.91%. This is in the better half of the industry: IEX outperforms 68.46% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.70%, IEX is in the better half of the industry, outperforming 63.08% 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 10.46%.
| 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
The Profit Margin of IEX (13.97%) is better than 83.85% 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 91.54% of the companies in the same industry.
IEX's Operating Margin has declined in the last couple of years.
The Gross Margin of IEX (44.41%) is better than 83.85% 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.
The number of shares outstanding for IEX has been increased compared to 1 year ago.
IEX has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, IEX has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.65 indicates that IEX is not in any danger for bankruptcy at the moment.
IEX has a better Altman-Z score (4.65) than 73.08% of its industry peers.
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.
The Debt to FCF ratio of IEX (3.26) is better than 66.92% of its industry peers.
A Debt/Equity ratio of 0.47 indicates that IEX is not too dependend on debt financing.
IEX has a Debt to Equity ratio (0.47) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.26 | ||
| Altman-Z | 4.65 |
ROIC/WACC0.94
WACC9.24%
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.
With a decent Current ratio value of 2.93, IEX is doing good in the industry, outperforming 76.15% of the companies in the same industry.
IEX has a Quick Ratio of 2.06. This indicates that IEX is financially healthy and has no problem in meeting its short term obligations.
IEX's Quick ratio of 2.06 is fine compared to the rest of the industry. IEX outperforms 76.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.93 | ||
| Quick Ratio | 2.06 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.87% over the past year.
The Earnings Per Share has been growing slightly by 6.36% on average over the past years.
Looking at the last year, IEX shows a small growth in Revenue. The Revenue has grown by 7.09% in the last 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 9.52% 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 7.03% on average per year.
EPS Next Y1.16%
EPS Next 2Y3.31%
EPS Next 3Y4.22%
EPS Next 5Y9.52%
Revenue Next Year5.14%
Revenue Next 2Y4.05%
Revenue Next 3Y4.55%
Revenue Next 5Y7.03%
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
With a Price/Earnings ratio of 22.82, IEX is valued on the expensive side.
The rest of the industry has a similar Price/Earnings ratio as IEX.
Compared to an average S&P500 Price/Earnings ratio of 26.76, IEX is valued at the same level.
Based on the Price/Forward Earnings ratio of 21.41, the valuation of IEX can be described as rather expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as IEX.
IEX is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.96, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.82 | ||
| Fwd PE | 21.41 |
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 | 23.08 | ||
| EV/EBITDA | 16.29 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
IEX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)19.67
PEG (5Y)3.59
EPS Next 2Y3.31%
EPS Next 3Y4.22%
5. Dividend
5.1 Amount
IEX has a Yearly Dividend Yield of 1.59%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.84, IEX pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.31, IEX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
5.2 History
The dividend of IEX is nicely growing with an annual growth rate of 6.95%!
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)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.
The dividend of IEX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP44.24%
EPS Next 2Y3.31%
EPS Next 3Y4.22%
NYSE:IEX (12/12/2025, 12:48:07 PM)
180.057
-1.18 (-0.65%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners105.94%
Inst Owner Change2.03%
Ins Owners0.19%
Ins Owner Change0.41%
Market Cap13.48B
Revenue(TTM)3.42B
Net Income(TTM)477.90M
Analysts76.84
Price Target197.48 (9.68%)
Short Float %3.25%
Short Ratio3.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
Yearly Dividend2.71
Dividend Growth(5Y)6.95%
DP44.24%
Div Incr Years15
Div Non Decr Years29
Ex-Date
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)-0.04%
PT rev (3m)-0.82%
EPS NQ rev (1m)0.02%
EPS NQ rev (3m)-3.91%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)0.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.26%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.82 | ||
| Fwd PE | 21.41 | ||
| P/S | 3.94 | ||
| P/FCF | 23.08 | ||
| P/OCF | 20.96 | ||
| P/B | 3.36 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.29 |
EPS(TTM)7.89
EY4.38%
EPS(NY)8.41
Fwd EY4.67%
FCF(TTM)7.8
FCFY4.33%
OCF(TTM)8.59
OCFY4.77%
SpS45.71
BVpS53.59
TBVpS-9.07
PEG (NY)19.67
PEG (5Y)3.59
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 | 4.65 |
F-Score7
WACC9.24%
ROIC/WACC0.94
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 2Y3.31%
EPS Next 3Y4.22%
EPS Next 5Y9.52%
Revenue 1Y (TTM)7.09%
Revenue growth 3Y5.74%
Revenue growth 5Y5.55%
Sales Q2Q%10.09%
Revenue Next Year5.14%
Revenue Next 2Y4.05%
Revenue Next 3Y4.55%
Revenue Next 5Y7.03%
EBIT growth 1Y1.74%
EBIT growth 3Y2.2%
EBIT growth 5Y3.04%
EBIT Next Year28.3%
EBIT Next 3Y12.77%
EBIT Next 5Y12.81%
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.
What is the valuation status for IEX stock?
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.
Can you provide the PE and PB ratios for IEX stock?
The Price/Earnings (PE) ratio for IDEX CORP (IEX) is 22.82 and the Price/Book (PB) ratio is 3.36.
Can you provide the financial health for IEX stock?
The financial health rating of IDEX CORP (IEX) is 7 / 10.