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IEX IDEX Corporation

industrial · valued with glm-5.2 medium conviction · deep-dived 2026-08-10

SELL
Intrinsic value$81.60
Price (at call)$234.46
Margin of safety -65.2%
vs market (rating basis) -22.7%

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The story

Value drivers

Revenue growth (Y1)3.0%
Terminal growth3.5%
Forecast horizon10y
Target operating margin20.8%
Years to target margin5
Sales-to-capital0.61
Beta0.98
Failure probability0.0%
Cost of capital (WACC)8.6%
Terminal WACC8.7%

Valuation bridge

PV of explicit FCFF2.93B
PV of terminal value4.32B
Equity value6.02B
÷ shares → per share$81.60

News

score · 8 articles

  • IDEX (IEX) Q2 2026 Earnings Call Transcript
  • DNOW Q2 Earnings Beat Estimates on Revenue Growth, Outlook Raised
  • HWM Q2 Earnings Beat Estimates on Aerospace, Turbine Growth
  • Kennametal Q4 Earnings & Sales Beat Estimates, Rise Y/Y
  • Are You Looking for a Top Momentum Pick? Why Idex (IEX) is a Great Choice
  • Emerson Q3 Earnings Beat on Software & Systems Strength, Outlook Raised
  • Powell Industries Q3 Earnings & Revenues Miss Estimates
  • Are Industrial Products Stocks Lagging Applied Industrial Technologies (AIT) This Year?

Projected free cash flow to the firm

YrRevenueGrowthMarginNOPATReinvestFCFFPV
1 3.69B 3.0% 20.8% 585.36M 175.45M 409.91M 377.32M
2 3.81B 3.1% 20.8% 603.24M 184.06M 419.18M 355.18M
3 3.92B 3.1% 20.8% 622.01M 193.13M 428.88M 334.50M
4 4.05B 3.2% 20.8% 641.71M 202.70M 439.01M 315.18M
5 4.18B 3.2% 20.8% 662.38M 212.78M 449.60M 297.12M
6 4.32B 3.3% 20.8% 684.09M 223.43M 460.67M 280.23M
7 4.46B 3.3% 20.8% 706.90M 234.66M 472.24M 264.43M
8 4.61B 3.4% 20.8% 730.85M 246.53M 484.33M 249.64M
9 4.77B 3.4% 20.8% 756.03M 259.06M 496.97M 235.79M
10 4.94B 3.5% 20.8% 782.49M 272.30M 510.19M 222.82M

History

DatePriceIntrinsicMoSRating
2026-08-10$234.46 $81.60 -65.2% SELL
2026-06-23$221.17 $84.76 -61.7% SELL