IEX Valuation

IDEX Corp

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164.500

-0.72(-0.436%)1D

Overview
Forecast
Valuation
Earnings

IEX Relative Valuation

IEX's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, IEX is overvalued; if below, it's undervalued.

Historical Valuation

IDEX Corp (IEX) is now in the Undervalued zone, suggesting that its current forward PE ratio of 19.97 is considered Undervalued compared with the five-year average of 27.40. The fair price of IDEX Corp (IEX) is between 198.18 to 253.37 according to relative valuation methord. Compared to the current price of 164.50 USD , IDEX Corp is Undervalued By 17%.

Relative Value

Fair Zone

198.18-253.37

Current Price：164.50

17%

Undervalued

19.97

Trailing

Forward

14.48

EV/EBITDA

IDEX Corp. (IEX) has a current EV/EBITDA of 14.48. The 5-year average EV/EBITDA is 19.03. The thresholds are as follows: Strongly Undervalued below 14.72, Undervalued between 14.72 and 16.88, Fairly Valued between 21.18 and 16.88, Overvalued between 21.18 and 23.33, and Strongly Overvalued above 23.33. The current Forward EV/EBITDA of 14.48 falls within the Strongly Undervalued range.

18.48

EV/EBIT

IDEX Corp. (IEX) has a current EV/EBIT of 18.48. The 5-year average EV/EBIT is 22.66. The thresholds are as follows: Strongly Undervalued below 18.32, Undervalued between 18.32 and 20.49, Fairly Valued between 24.83 and 20.49, Overvalued between 24.83 and 27.00, and Strongly Overvalued above 27.00. The current Forward EV/EBIT of 18.48 falls within the Undervalued range.

3.54

IDEX Corp. (IEX) has a current PS of 3.54. The 5-year average PS is 5.03. The thresholds are as follows: Strongly Undervalued below 3.74, Undervalued between 3.74 and 4.39, Fairly Valued between 5.67 and 4.39, Overvalued between 5.67 and 6.32, and Strongly Overvalued above 6.32. The current Forward PS of 3.54 falls within the Strongly Undervalued range.

16.81

P/OCF

IDEX Corp. (IEX) has a current P/OCF of 16.81. The 5-year average P/OCF is 24.01. The thresholds are as follows: Strongly Undervalued below 16.71, Undervalued between 16.71 and 20.36, Fairly Valued between 27.65 and 20.36, Overvalued between 27.65 and 31.30, and Strongly Overvalued above 31.30. The current Forward P/OCF of 16.81 falls within the Undervalued range.

21.41

P/FCF

IDEX Corp. (IEX) has a current P/FCF of 21.41. The 5-year average P/FCF is 26.70. The thresholds are as follows: Strongly Undervalued below 19.31, Undervalued between 19.31 and 23.00, Fairly Valued between 30.39 and 23.00, Overvalued between 30.39 and 34.08, and Strongly Overvalued above 34.08. The current Forward P/FCF of 21.41 falls within the Undervalued range.

IDEX Corp (IEX) has a current Price-to-Book (P/B) ratio of 3.09. Compared to its 3-year average P/B ratio of 4.64 , the current P/B ratio is approximately -33.36% higher. Relative to its 5-year average P/B ratio of 5.15, the current P/B ratio is about -39.93% higher. IDEX Corp (IEX) has a Forward Free Cash Flow (FCF) yield of approximately 4.74%. Compared to its 3-year average FCF yield of 3.70%, the current FCF yield is approximately 28.19% lower. Relative to its 5-year average FCF yield of 3.50% , the current FCF yield is about 35.43% lower.

3.09

P/B

Median3y

4.64

Median5y

5.15

4.74

FCF Yield

Median3y

3.70

Median5y

3.50

Competitors Valuation Multiple

The average P/S ratio for IEX's competitors is 3.50, providing a benchmark for relative valuation. IDEX Corp Corp (IEX) exhibits a P/S ratio of 3.54, which is 1.35% above the industry average. Given its robust revenue growth of 7.21%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Lincoln Electric Holdings Inc

Performance Decomposition

Market capitalization of IEX decreased by 23.06% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 807.20M to 865.40M.

The secondary factor is the Margin Expansion, contributed -13.38%to the performance.

Overall, the performance of IEX in the past 1 year is driven by Revenue Growth. Which is more sustainable.

7.21%

807.20M → 865.40M

Revenue Growth

-13.38%

17.49 → 15.15

Margin Expansion

-16.89%

32.03 → 26.62

P/E Change

-23.06%