Obermatt

IDEX

NYQ:IEX · US45167R1041
MachineryLarge

360

40
EV / EBIT12
Price / Owner Earnings51
Owner Earnings Yield54
Dividend Yield81
Price/Sales22
EV / Gross Profit20
Price/Book31
Return on Capital39
Cash Return on Capital52
Return on Equity38
EBIT Margin81
Gross Profitability33
Cash Conversion50
Accruals62
Owner Earnings Margin82
Sales growth39
Profit Growth80
Long-Term EPS Growth67
Owner Earnings Growth54
Reinvestment74
Price momentum50
Debt load45
Refinancing31
Debt Payback51
Liquidity72
Analyst ratings41
Opinion Changes50
Price Target Upside37
Market mood15
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

IDEX clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryMachinery
SizeLarge
TypePublic Company
ExchangeNYSE
Founded1987
Employees1,023
ISINUS45167R1041
Last UpdateApr 2, 2026
Themes
SensorsEnvironmental EngineeringInjection MoldingProcess AutomationWater PurificationDetectors, Sensors and MemsPackaging ServicesIndustrial AutomationBiomedical EngineeringManufacturingMedical

Description

IDEX Corporation (‘IDEX’) provides applied solutions serving niche markets with mission critical components for everyday life globally. Substantially all of the company’s business activities are carried out through over 50 wholly-owned subsidiaries,…

Analysis

Middle-of-the-road

IDEX Corporation sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is fair. The owner-earnings multiple stands at 24.6×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 9% a year, against analyst forecasts of 12%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is adequate. The company scores 12/20 on our value-creation score: creating some value.

Flags to be aware of: A large part of the company's book value is the price paid for past acquisitions. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
51
2023202420252026

All-time high

66

Mar 2026

All-time low

10

Jan 2024

Average rank

34

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
22
17
7
7
Price/Earnings
30
32
22
11
Price/Book
31
44
26
21
Dividend Yield
81
77
63
53
Value (overall)
38
43
14
9

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →