Idex Corp Return On Asset

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.
  
Average Assets is likely to drop to about 4.4 B in 2022. Tangible Asset Value is likely to drop to about 1.9 B in 2022.

Idex Corp Return On Asset Analysis

Idex Corp's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
 2019 2020 2021 2022 (projected)
Receivables298.19 M293.15 M356.4 M304.02 M
Inventories293.47 M289.91 M370.4 M305.12 M
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
More About Return On Asset | All Equity Analysis

Current Idex Corp Return On Asset

    
  9.54 %  
Most of Idex Corp's fundamental indicators, such as Return On Asset, 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 Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Idex Corp is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Return On Asset. Since Idex Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Idex Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Idex Corp's interrelated accounts and indicators.

Idex Corp Return On Asset 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 return on asset 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 return on asset as a starting point in their analysis.
   Idex Corp Return On Asset   
Share
       Timeline  
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Compare to competition

Idex Corp Total Assets

Total Assets

3.98 Billion

Idex Corp Total Assets are fairly stable at the moment as compared to the past year. Idex Corp reported Total Assets of 4.92 Billion in 2021
Based on the latest financial disclosure, Idex Corp has a Return On Asset of 9.54%. This is 1970.59% lower than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The return on asset for all United States stocks is notably lower than that of the firm.

Idex Corp Return On 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 Return On 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 return on 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
Average Assets4.8 B4.4 B
Tangible Asset Value2.2 B1.9 B

Be your own money manager

Our tools can tell you how much better you can do entering a position in Idex Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Options Analysis Now

   

Options Analysis

Analyze and evaluate options and option chains as a potential hedge for your portfolios
All  Next Launch Module

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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
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
17.5 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.