Idex Corp Fundamentals

IEX
 Stock
  

USD 231.06  0.77  0.33%   

Idex Corp fundamentals help investors to digest information that contributes to Idex Corp's financial success or failures. It also enables traders to predict the movement of Idex Corp Stock. The fundamental analysis module provides a way to measure Idex Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Idex Corp stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Idex Corp Interest Expense is fairly stable at the moment as compared to the past year. Idex Corp reported Interest Expense of 41 Million in 2021. Operating Expenses is likely to rise to about 614.7 M in 2022, whereas Direct Expenses is likely to drop slightly above 1.3 B in 2022.

Idex Corp Working Capital Analysis

Idex Corp's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Idex Corp Working Capital

1.07 Billion

Working Capital 
 = 
Current Assets 
Current Liabilities 
More About Working Capital | All Equity Analysis

Current Idex Corp Working Capital

    
  553.09 M  
Most of Idex Corp's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Idex Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Idex Corp Working Capital Historical Pattern

Today, most investors in Idex Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Idex Corp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's working capital growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Idex Corp working capital as a starting point in their analysis.
   Idex Corp Working Capital   
Share
       Timeline  
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Compare to competition

Idex Corp Capital Expenditure

Capital Expenditure

(74.61 Million)

Idex Corp Capital Expenditure is fairly stable at the moment as compared to the past year. Idex Corp reported Capital Expenditure of (72.7 Million) in 2021
According to the company's disclosures, Idex Corp has a Working Capital of 553.09 M. This is 71.65% higher than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The working capital for all United States stocks is 62.58% higher than that of the company.

Idex Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Idex Corp's current stock value. Our valuation model uses many indicators to compare Idex Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Idex Corp competition to find correlations between indicators driving Idex Corp's intrinsic value. More Info.
Idex Corp is currently regarded as number one stock in net income category among related companies. It is currently regarded as number one stock in price to earning category among related companies . The ratio of Net Income to Price to Earning for Idex Corp is about  17,784,986 . Idex Corp Net Income is fairly stable at the moment as compared to the past year. Idex Corp reported Net Income of 449.4 Million in 2021. Comparative valuation analysis is a catch-all model that can be used if you cannot value Idex Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Idex Corp's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Idex Corp's earnings, one of the primary drivers of an investment's value.

Idex Corp Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Idex Corp's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Idex Corp could also be used in its relative valuation, which is a method of valuing Idex Corp by comparing valuation metrics of similar companies.
Idex Corp is currently under evaluation in current asset category among related companies.

Idex Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Idex Corp from analyzing Idex Corp's financial statements. These drivers represent accounts that assess Idex Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Idex Corp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee47.06 K55.84 K57.2 K53.25 K59.63 K48.65 K
Revenue Per Employee319.14 K337.82 K335.34 K331.48 K366.88 K323.41 K
Average Assets3.28 B3.5 B3.68 B4.16 B4.75 B4.44 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA546.06 M611.57 M614.58 M556.93 M677.2 M554.51 M
Earnings Before Interest Taxes and Depreciation Amortization USD584.38 M650.62 M654.1 M598.6 M723.9 M685.89 M
Earnings before Tax455.27 M528.94 M532.9 M470.3 M579.9 M538.57 M
Average Equity1.77 B2.02 B2.15 B2.36 B2.7 B2.48 B
Enterprise Value10.65 B10.04 B13.42 B15.25 B18.35 B15.07 B
Free Cash Flow394.91 M419.62 M477.2 M517.7 M492.6 M478.12 M
Invested Capital1.4 B1.41 B1.5 B1.72 B2.01 B1.9 B
Invested Capital Average1.47 B1.45 B1.52 B1.72 B1.93 B1.87 B
Market Capitalization10.08 B9.69 B13.08 B15.08 B17.97 B14.6 B
Tangible Asset Value1.28 B1.39 B1.65 B2.1 B2.15 B1.95 B
Working Capital643.07 M727.87 M903.57 M1.26 B1.2 B1.07 B

Idex Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Idex Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Idex Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Idex Corp Fundamentals

About Idex Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Idex Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Idex Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Idex Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Cost of Revenue1.5 B1.5 B
Revenues2.8 B2.4 B
Revenue to Assets 0.56  0.68 
Revenue Per Employee366.9 K323.4 K

Idex Corp Investors Sentiment

The influence of Idex Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Idex Corp. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Idex Corp's public news can be used to forecast risks associated with investment in Idex Corp. The trend in average sentiment can be used to explain how an investor holding Idex Corp can time the market purely based on public headlines and social activities around Idex Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Idex Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Idex Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Idex Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Idex Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Idex Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Idex Corp's short interest history, or implied volatility extrapolated from Idex Corp options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Idex Corp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see Idex Corp Piotroski F Score and Idex Corp Altman Z Score analysis. Note that the Idex Corp information on this page should be used as a complementary analysis to other Idex Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Idex Corp Stock analysis

When running Idex Corp price analysis, check to measure Idex Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Idex Corp is operating at the current time. Most of Idex Corp's value examination focuses on studying past and present price action to predict the probability of Idex Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Idex Corp's price. Additionally, you may evaluate how the addition of Idex Corp to your portfolios can decrease your overall portfolio volatility.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Is Idex Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Idex Corp. If investors know Idex Corp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Idex Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.56
Market Capitalization
17.8 B
Quarterly Revenue Growth YOY
0.16
Return On Assets
0.0954
Return On Equity
0.21
The market value of Idex Corp is measured differently than its book value, which is the value of Idex Corp that is recorded on the company's balance sheet. Investors also form their own opinion of Idex Corp's value that differs from its market value or its book value, called intrinsic value, which is Idex Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Idex Corp's market value can be influenced by many factors that don't directly affect Idex Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Idex Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Idex Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Idex Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.