IDEX Financials

IEX Stock  USD 231.10  0.00  0.00%   
Based on the key measurements obtained from IDEX's financial statements, IDEX Corporation may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, IDEX's Cash And Short Term Investments are fairly stable compared to the past year. Net Receivables is likely to rise to about 449.2 M in 2024, despite the fact that Other Stockholder Equity is likely to grow to (330.6 M). Key indicators impacting IDEX's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.190.1821
Sufficiently Up
Slightly volatile
Return On Assets0.06770.1016
Way Down
Slightly volatile
Operating Income769.1 M732.5 M
Sufficiently Up
Slightly volatile
Current Ratio2.062.8909
Way Down
Very volatile
The financial analysis of IDEX is a critical element in measuring its lifeblood. Investors should not minimize IDEX's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

632.08 Million

  
Understanding current and past IDEX Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of IDEX's financial statements are interrelated, with each one affecting the others. For example, an increase in IDEX's assets may result in an increase in income on the income statement.

IDEX Earnings Geography

Please note, the imprecision that can be found in IDEX's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of IDEX Corporation. Check IDEX's Beneish M Score to see the likelihood of IDEX's management manipulating its earnings.

IDEX Stock Summary

IDEX competes with Flowserve, Donaldson, Ingersoll Rand, Franklin Electric, and Watts Water. IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. IDEX Corporation was incorporated in 1987 and is headquartered in Northbrook, Illinois. Idex Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 7536 people.
Specialization
Industrials, Specialty Industrial Machinery
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS45167R1041
CUSIP45167R104
LocationIllinois; U.S.A
Business Address3100 Sanders Road,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.idexcorp.com
Phone847 498 7070
CurrencyUSD - US Dollar

IDEX Key Financial Ratios

IDEX Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.8B4.4B4.9B5.5B5.9B6.2B
Net Debt216.7M18.6M334.9M1.1B911.5M957.1M
Retained Earnings2.6B2.8B3.1B3.5B3.9B4.1B
Cash632.6M1.0B855.4M430.2M534.3M561.0M
Net Receivables298.2M293.1M356.4M442.8M427.8M449.2M
Inventory293.5M289.9M370.4M470.9M420.8M441.8M
Other Current Assets37.2M48.3M95.8M55.4M63.4M66.6M
Total Liab1.6B1.9B2.1B2.5B2.3B2.4B
Total Current Assets1.3B1.7B1.7B1.4B1.4B1.5B
Intangible Assets388.0M415.6M597.3M947.8M1.0B1.1B
Other Current Liab201.4M216.8M234.6M238.2M223.6M115.7M
Accounts Payable138.5M152.0M178.8M208.9M179.7M98.3M
Other Liab274.0M430.7M443.8M363.4M417.9M438.8M
Other Assets22.0M147.8M146.9M144.6M166.3M174.6M
Long Term Debt848.9M1.0B1.2B1.5B1.3B731.2M
Treasury Stock(985.9M)(1.1B)(1.1B)(1.2B)(1.1B)(1.0B)
Short Term Debt388K16.8M17.6M21.6M22.6M17.3M
Good Will1.8B1.9B2.2B2.6B2.8B1.5B
Net Tangible Assets95.5M229.1M38.1M(546.6M)(628.6M)(597.2M)
Long Term Debt Total848.9M1.0B1.2B1.5B1.7B985.3M

IDEX Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense44.3M44.7M41M40.7M51.7M54.3M
Total Revenue2.5B2.4B2.8B3.2B3.3B3.4B
Gross Profit1.1B1.0B1.2B1.4B1.4B1.5B
Operating Income579.0M520.7M637M751.4M732.5M769.1M
Ebit579.0M521.1M617.5M790.1M732.5M769.1M
Ebitda675.2M604.6M720.5M909.8M732.5M769.1M
Cost Of Revenue1.4B1.3B1.5B1.8B1.8B1.9B
Income Before Tax532.9M470.3M579.8M749.4M760.3M798.3M
Net Income425.5M377.8M449.4M586.9M596.1M625.9M
Income Tax Expense107.4M92.6M130.5M162.7M164.7M172.9M
Research Development148.8M130.5M133M156.8M175.9M184.7M
Non Recurring21.0M11.8M9.3M22.8M20.5M24.6M
Tax Provision107.4M92.6M130.5M162.7M166.3M134.8M
Interest Income44.3M44.7M41M40.7M36.6M34.7M
Net Interest Income(44.3M)(44.7M)(41M)(40.7M)(52.2M)(54.8M)

IDEX Key Cash Accounts

Cash flow analysis captures how much money flows into and out of IDEX. It measures of how well IDEX is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money IDEX brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money IDEX had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what IDEX has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(3.3M)36.5M(46.1M)(72.4M)66.2M69.5M
Change In Cash166.2M393.3M(170.5M)(425.2M)104.1M109.3M
Free Cash Flow477.2M517.7M492.6M489.4M626.8M658.1M
Depreciation76.9M83.5M103M119.7M152.1M159.7M
Other Non Cash Items20.9M4.1M13.8M(16.7M)(70.9M)(67.4M)
Capital Expenditures50.9M51.5M72.7M68M89.9M94.4M
Net Income425.5M377.8M449.3M586.7M595.6M625.4M
End Period Cash Flow632.6M1.0B855.4M430.2M534.3M561.0M
Dividends Paid147.2M151.8M161.1M177.4M190.7M200.2M
Change Receivables22.3M20.9M(49.4M)(71.7M)(64.5M)(61.3M)
Net Borrowings(50.1M)194.0M149.3M273.1M314.1M329.8M
Change To Netincome44.4M30.7M31.4M(17.8M)(16.0M)(15.2M)
Investments(137.0M)120K(45.2M)(917.2M)(782.8M)(743.7M)

IDEX Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining IDEX's current stock value. Our valuation model uses many indicators to compare IDEX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IDEX competition to find correlations between indicators driving IDEX's intrinsic value. More Info.
IDEX Corporation is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.51  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for IDEX Corporation is roughly  1.97 . At this time, IDEX's Return On Equity is fairly stable compared to the past year. 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's earnings, one of the primary drivers of an investment's value.

IDEX's Earnings Breakdown by Geography

IDEX Systematic Risk

IDEX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IDEX volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on IDEX correlated with the market. If Beta is less than 0 IDEX generally moves in the opposite direction as compared to the market. If IDEX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one IDEX is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IDEX is generally in the same direction as the market. If Beta > 1 IDEX moves generally in the same direction as, but more than the movement of the benchmark.

IDEX Thematic Clasifications

IDEX Corporation is part of Machinery investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
MachineryView
This theme covers USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in IDEX Stock are looking for potential investment opportunities by analyzing not only static indicators but also various IDEX's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of IDEX growth as a starting point in their analysis.

Price Earnings To Growth Ratio

17.24

At this time, IDEX's Price Earnings To Growth Ratio is fairly stable compared to the past year.

IDEX November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of IDEX help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of IDEX Corporation. We use our internally-developed statistical techniques to arrive at the intrinsic value of IDEX Corporation based on widely used predictive technical indicators. In general, we focus on analyzing IDEX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IDEX's daily price indicators and compare them against related drivers.

Additional Tools for IDEX Stock Analysis

When running IDEX's price analysis, check to measure IDEX'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 is operating at the current time. Most of IDEX's value examination focuses on studying past and present price action to predict the probability of IDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEX's price. Additionally, you may evaluate how the addition of IDEX to your portfolios can decrease your overall portfolio volatility.