IDEX CORP (IEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:IEX - US45167R1041 - Common Stock
187.33 USD
+1 (+0.54%)
187.33 USD
0 (0%)
Overall IEX gets a fundamental rating of 6 out of 10. We evaluated IEX against 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 quite expensive at the moment. It does show a decent growth rate. IEX also has an excellent dividend rating. This makes IEX very considerable for dividend and quality investing!
1. Profitability
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.
- IEX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of IEX (6.86%) is better than 70.45% of its industry peers.
- With a decent Return On Equity value of 11.91%, IEX is doing good in the industry, outperforming 68.94% of the companies in the same industry.
- IEX has a better Return On Invested Capital (8.70%) than 63.64% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for IEX is in line with the industry average of 10.25%.
| 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.
- IEX's Profit Margin has declined in the last couple of years.
- The Operating Margin of IEX (20.72%) is better than 90.91% of its industry peers.
- IEX's Operating Margin has declined in the last couple of years.
- IEX has a Gross Margin of 44.41%. This is amongst the best in the industry. IEX outperforms 85.61% of its industry peers.
- IEX's Gross Margin has been stable in the last couple of years.
| 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
- IEX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is 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.
- IEX has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 4.75 indicates that IEX is not in any danger for bankruptcy at the moment.
- IEX has a Altman-Z score of 4.75. This is in the better half of the industry: IEX outperforms 71.21% of its industry peers.
- IEX has a debt to FCF ratio of 3.26. This is a good value and a sign of high solvency as IEX would need 3.26 years to pay back of 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.
- 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 comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.26 | ||
| Altman-Z | 4.75 |
ROIC/WACC0.95
WACC9.18%
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.
- IEX has a Current ratio of 2.93. This is in the better half of the industry: IEX outperforms 76.52% of its industry peers.
- A Quick Ratio of 2.06 indicates that IEX has no problem at all paying its short term obligations.
- IEX's Quick ratio of 2.06 is fine compared to the rest of the industry. IEX outperforms 76.52% of its industry peers.
| 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%.
- The Earnings Per Share has been growing slightly by 6.36% on average over the past years.
- The Revenue has been growing slightly by 7.09% in the past year.
- The Revenue has been growing slightly by 5.55% on average over the past years.
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.
- IEX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.01% yearly.
EPS Next Y1.16%
EPS Next 2Y3.3%
EPS Next 3Y4.22%
EPS Next 5Y9.51%
Revenue Next Year5.14%
Revenue Next 2Y4.05%
Revenue Next 3Y4.55%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 23.74, IEX is valued on the expensive side.
- Compared to the rest of the industry, the Price/Earnings ratio of IEX indicates a somewhat cheap valuation: IEX is cheaper than 62.12% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.30, IEX is valued at the same level.
- With a Price/Forward Earnings ratio of 22.28, IEX is valued on the expensive side.
- 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 24.04, IEX is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.74 | ||
| Fwd PE | 22.28 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as IEX.
- IEX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.01 | ||
| EV/EBITDA | 16.79 |
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)20.46
PEG (5Y)3.73
EPS Next 2Y3.3%
EPS Next 3Y4.22%
5. Dividend
5.1 Amount
- IEX has a Yearly Dividend Yield of 1.54%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 0.80, IEX pays a better dividend. On top of this IEX pays more dividend than 82.58% of the companies listed in the same industry.
- IEX's Dividend Yield is comparable with the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.54% |
5.2 History
- On average, the dividend of IEX grows each year by 6.95%, 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)6.95%
Div Incr Years15
Div Non Decr Years29
5.3 Sustainability
- 44.24% 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.
DP44.24%
EPS Next 2Y3.3%
EPS Next 3Y4.22%
187.33
+1 (+0.54%)
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-0.1%
Ins Owners0.19%
Ins Owner Change2.55%
Market Cap14.02B
Revenue(TTM)3.42B
Net Income(TTM)477.90M
Analysts76.84
Price Target197.9 (5.64%)
Short Float %3.46%
Short Ratio4.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.54% |
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)0.22%
PT rev (3m)-0.26%
EPS NQ rev (1m)-0.04%
EPS NQ rev (3m)-3.95%
EPS NY rev (1m)0%
EPS NY rev (3m)0.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.74 | ||
| Fwd PE | 22.28 | ||
| P/S | 4.1 | ||
| P/FCF | 24.01 | ||
| P/OCF | 21.81 | ||
| P/B | 3.5 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.79 |
EPS(TTM)7.89
EY4.21%
EPS(NY)8.41
Fwd EY4.49%
FCF(TTM)7.8
FCFY4.16%
OCF(TTM)8.59
OCFY4.59%
SpS45.71
BVpS53.59
TBVpS-9.07
PEG (NY)20.46
PEG (5Y)3.73
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 | 4.75 |
F-Score7
WACC9.18%
ROIC/WACC0.95
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 2Y4.05%
Revenue Next 3Y4.55%
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 23.74 and the Price/Book (PB) ratio is 3.5.
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%.