Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
56.44 (1y: +46%)
Market Cap 4.59 B P/E(ttm) 103.40
Enterprise Value 5.07 B P/B 3.10
IEX- NYSE (USA)
Idex Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$56.44
Switch to:

GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.405
IEX's Cash to Debt is ranked lower than
69% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 3.06 vs. IEX: 0.405 )
IEX' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.48
Current: 0.41
0.01
0.48
Equity to Asset -0.071
IEX's Equity to Asset is ranked lower than
96% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.49 vs. IEX: -0.071 )
IEX' s 10-Year Equity to Asset Range
Min: -0.14   Max: 0.08
Current: -0.07
-0.14
0.08
Interest Coverage 3
IEX's Interest Coverage is ranked lower than
68% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 457.80 vs. IEX: 3 )
IEX' s 10-Year Interest Coverage Range
Min: 3   Max: 15
Current: 3
3
15
F-Score: 5
Z-Score: 3.61
M-Score: -3.08
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 6.60
IEX's Operating margin (%) is ranked higher than
90% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 5.70 vs. IEX: 6.60 )
IEX' s 10-Year Operating margin (%) Range
Min: 6.6   Max: 18.8
Current: 6.6
6.6
18.8
Net-margin (%) 1.9
IEX's Net-margin (%) is ranked higher than
85% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 3.70 vs. IEX: 1.9 )
IEX' s 10-Year Net-margin (%) Range
Min: 1.9   Max: 12.7
Current: 1.9
1.9
12.7
ROE (%) 2.6
IEX's ROE (%) is ranked higher than
80% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 5.60 vs. IEX: 2.6 )
IEX' s 10-Year ROE (%) Range
Min: 2.6   Max: 16.9
Current: 2.6
2.6
16.9
ROA (%) 1.4
IEX's ROA (%) is ranked higher than
81% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 2.80 vs. IEX: 1.4 )
IEX' s 10-Year ROA (%) Range
Min: 1.4   Max: 8.8
Current: 1.4
1.4
8.8
ROC (Joel Greenblatt) (%) 25.70
IEX's ROC (Joel Greenblatt) (%) is ranked higher than
96% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 10.40 vs. IEX: 25.70 )
IEX' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 25.7   Max: 68.8
Current: 25.7
25.7
68.8
Revenue Growth (%) 9.1
IEX's Revenue Growth (%) is ranked higher than
91% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.45 vs. IEX: 9.1 )
IEX' s 10-Year Revenue Growth (%) Range
Min: 1   Max: 9.1
Current: 9.1
1
9.1
EBITDA Growth (%) -4.7
IEX's EBITDA Growth (%) is ranked higher than
93% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: -0.35 vs. IEX: -4.7 )
IEX' s 10-Year EBITDA Growth (%) Range
Min: -4.7   Max: 13.1
Current: -4.7
-4.7
13.1
EPS Growth (%) -24.7
IEX's EPS Growth (%) is ranked higher than
88% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 3.40 vs. IEX: -24.7 )
IEX' s 10-Year EPS Growth (%) Range
Min: -24.7   Max: 24.4
Current: -24.7
-24.7
24.4
ยป IEX's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

IEX Guru Trades in Q2 2012

Joel Greenblatt 13,822 sh (New)
Jim Simons 102,525 sh (+422.42%)
PRIMECAP Management 453,000 sh (+59.49%)
Jeremy Grantham 111,700 sh (+5.78%)
Pioneer Investments 996,180 sh (+1.48%)
Chuck Royce 410,900 sh (unchged)
Ruane Cunniff 8,822 sh (unchged)
Steven Cohen Sold Out
Paul Tudor Jones Sold Out
Mario Gabelli 1,497,745 sh (-0.66%)
First Pacific Advisors 762,800 sh (-8.27%)
John Rogers 1,553,863 sh (-8.34%)
» More
Q3 2012

IEX Guru Trades in Q3 2012

Joel Greenblatt 104,561 sh (+656.48%)
PRIMECAP Management 527,000 sh (+16.34%)
Ruane Cunniff 8,822 sh (unchged)
First Pacific Advisors 762,800 sh (unchged)
Chuck Royce 410,900 sh (unchged)
Mario Gabelli 1,493,458 sh (-0.29%)
John Rogers 1,476,951 sh (-4.95%)
Jeremy Grantham 98,700 sh (-11.64%)
Pioneer Investments 585,710 sh (-41.2%)
Jim Simons 9,525 sh (-90.71%)
» More
Q4 2012

IEX Guru Trades in Q4 2012

Bruce Kovner 12,000 sh (New)
Chuck Royce 410,900 sh (unchged)
Jeremy Grantham 117,200 sh (unchged)
PRIMECAP Management 527,000 sh (unchged)
Jim Simons Sold Out
Pioneer Investments Sold Out
First Pacific Advisors 759,300 sh (-0.46%)
John Rogers 1,452,134 sh (-1.68%)
Mario Gabelli 1,409,996 sh (-5.59%)
Ruane Cunniff 7,985 sh (-9.49%)
Joel Greenblatt 38,229 sh (-63.44%)
» More
Q1 2013

IEX Guru Trades in Q1 2013

Bill Frels 4,072 sh (New)
Bruce Kovner 54,200 sh (+351.67%)
Joel Greenblatt 47,264 sh (+23.63%)
Chuck Royce 455,400 sh (+10.83%)
First Pacific Advisors 761,900 sh (+0.34%)
Ruane Cunniff 7,985 sh (unchged)
PRIMECAP Management 527,000 sh (unchged)
John Rogers 1,450,164 sh (-0.14%)
Mario Gabelli 1,388,934 sh (-1.49%)
Jeremy Grantham 75,000 sh (-36.01%)
» More
» Details

Insider Trades

Latest Guru Trades with IEX

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Add 23.63%0.02%$46.53 - $53.62 $ 56.4412%47264
Joel Greenblatt 2012-12-31 Reduce -63.44%0.18%$39.95 - $46.44 $ 56.4430%38229
Joel Greenblatt 2012-09-30 Add 656.48%0.25%$35.98 - $42.45 $ 56.4443%104561
Joel Greenblatt 2012-06-30 New Buy0.04%$37.36 - $43.62 $ 56.4440%13822
PRIMECAP Management 2012-06-30 Add 59.49%0.01%$37.36 - $43.62 $ 56.4440%453000
PRIMECAP Management 2012-03-31 New Buy0.02%$37.3 - $42.89 $ 56.4446%284029
Ray Dalio 2011-12-31 Sold Out 0.01%$29.8 - $37.11 $ 56.4461%0
John Rogers 2011-09-30 Reduce -27.01%0.58%$30.4 - $46.94 $ 56.4448%1829107
Ray Dalio 2011-09-30 New Buy0.01%$30.4 - $46.94 $ 56.4449%27977
Mario Gabelli 2011-03-31 Reduce -42.4%0.38%$38.28 - $43.01 $ 56.4439%1664140
George Soros 2011-03-31 Sold Out $38.28 - $43.01 $ 56.4439%0
John Keeley 2011-03-31 Sold Out $38.28 - $43.01 $ 56.4439%0
George Soros 2010-12-31 New Buy$35.17 - $40.04 $ 56.4450%5100
John Rogers 2010-06-30 Add 19.36%0.29%$28.91 - $35.02 $ 56.4475%2749368
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 103.40
IEX's P/E(ttm) is ranked higher than
73% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 18.99 vs. IEX: 103.40 )
IEX' s 10-Year P/E(ttm) Range
Min: 10.98   Max: 118.99
Current: 103.4
10.98
118.99
P/B 3.10
IEX's P/B is ranked lower than
71% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.48 vs. IEX: 3.10 )
IEX' s 10-Year P/B Range
Min: 1.22   Max: 3.29
Current: 3.1
1.22
3.29
P/S 2.40
IEX's P/S is ranked lower than
81% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.75 vs. IEX: 2.40 )
IEX' s 10-Year P/S Range
Min: 0.99   Max: 2.65
Current: 2.4
0.99
2.65
PFCF 15.10
IEX's PFCF is ranked higher than
57% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 15.61 vs. IEX: 15.10 )
IEX' s 10-Year PFCF Range
Min: 7.69   Max: 28.42
Current: 15.1
7.69
28.42
EV-to-EBIT 35.7
IEX's EV-to-EBIT is ranked higher than
79% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 12.70 vs. IEX: 35.7 )
IEX' s 10-Year EV-to-EBIT Range
Min: 7.9   Max: 36.4
Current: 35.7
7.9
36.4
PEG 3.2
IEX's PEG is ranked higher than
94% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.80 vs. IEX: 3.2 )
IEX' s 10-Year PEG Range
Min: 0.71   Max: 22.07
Current: 3.2
0.71
22.07
Shiller P/E 32.2
IEX's Shiller P/E is ranked higher than
86% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 16.60 vs. IEX: 32.2 )
IEX' s 10-Year Shiller P/E Range
Min: 11.38   Max: 35.4
Current: 32.2
11.38
35.4

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.50
IEX's Dividend Yield is ranked higher than
62% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.85 vs. IEX: 1.50 )
IEX' s 10-Year Dividend Yield Range
Min: 0.9   Max: 2.74
Current: 1.5
0.9
2.74
Dividend Payout 1.4278
IEX's Dividend Payout is ranked higher than
89% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.66 vs. IEX: 1.4278 )
IEX' s 10-Year Dividend Payout Range
Min: 0.21   Max: 1.71
Current: 1.43
0.21
1.71
Dividend growth (3y) 12.5
IEX's Dividend growth (3y) is ranked higher than
96% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: -0.20 vs. IEX: 12.5 )
IEX' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 12.8
Current: 12.5
0
12.8
Yield on cost (5-Year) 2.83
IEX's Yield on cost (5-Year) is ranked higher than
78% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.88 vs. IEX: 2.83 )
IEX' s 10-Year Yield on cost (5-Year) Range
Min: 1.7   Max: 5.16
Current: 2.83
1.7
5.16
Share Buyback Rate -0.9
IEX's Share Buyback Rate is ranked higher than
86% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: -0.90 vs. IEX: -0.9 )
IEX' s 10-Year Share Buyback Rate Range
Min: 0.1   Max: -2.5
Current: -0.9

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 15.6
IEX's Price/Net Current Asset Value is ranked higher than
94% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 4.80 vs. IEX: 15.6 )
IEX' s 10-Year Price/Net Current Asset Value Range
Min: 7.8   Max: 14.1
Current: 15.6
7.8
14.1
Price/DCF (Projected) 1.4
IEX's Price/DCF (Projected) is ranked higher than
89% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 1.10 vs. IEX: 1.4 )
IEX' s 10-Year Price/DCF (Projected) Range
Min: 0.7   Max: 1.5
Current: 1.4
0.7
1.5
Price/Median PS Value 1.3
IEX's Price/Median PS Value is ranked higher than
80% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.80 vs. IEX: 1.3 )
IEX' s 10-Year Price/Median PS Value Range
Min: 0.7   Max: 1.2
Current: 1.3
0.7
1.2
Earnings Yield (Greenblatt) 2.80
IEX's Earnings Yield (Greenblatt) is ranked higher than
89% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 7.10 vs. IEX: 2.80 )
IEX' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.7   Max: 12.6
Current: 2.8
2.7
12.6
Forward Rate of Return (Yacktman) 8.33
IEX's Forward Rate of Return (Yacktman) is ranked higher than
93% of the 1074 Companies
in the Global Diversified Industrials industry.

( Industry Median: 4.32 vs. IEX: 8.33 )
IEX' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -1.4   Max: 23.9
Current: 8.33
-1.4
23.9

Business Description

IDEX Corporation is a Delaware Corporation, which was incorporated on September 24, 1987. It is an applied solutions company, which is engaged in fluid and metering technologies, health and science technologies, dispensing equipment, and fire, safety and other products built to its customers' specifications. Its products include industrial pumps, compressors, flow meters, injectors and valves, and related controls for use in a number of process applications; precision fluidics solutions, including pumps, valves, degassing equipment, corrective tubing, fittings, and complex manifolds, as well as specialty medical equipment and devices used in life science applications; precision-engineered equipment for dispensing, metering and mixing paints, and personal care products; refinishing equipment; and engineered products for industrial and commercial markets, including fire and rescue, transportation equipment, oil and gas, electronics, and communications. These activities are grouped into four business segments: Fluid & Metering Technologies, Health & Science Technologies, Dispensing Equipment and Fire & Safety/Diversified Products. The Fluid & Metering Technologies Segment designs, produces and distributes positive displacement pumps and flow meters, injectors, and other fluid-handling pump modules and systems. This Segment consists of the following business units: ADS, LLC, Air Operated Double Diaphragm, Banjo, iPEK Spezial-TV, Liquid Controls, Pulsafeeder, Richter Chemie-Technik, Sanitary and Viking Pump. The Health & Science Technologies Segment designs, produces and distributes a range of precision fluidics solutions from very high precision, low-flow rate pumping solutions required in analytical instrumentation, clinical diagnostics and drug discovery to high performance molded and extruded, biocompatible medical devices and implantables. This segment includes HST Core, Gast Manufacturing and Micropump. The Dispensing Equipment Segment produces precision equipment for dispensing, metering and mixing colorants, paints, hair colorants and other personal care products. This Segment is comprised of FAST & Fluid Management Europe & Asia and Fluid Management Americas. The Fire & Safety/Diversified Products Segment produces firefighting pumps and controls, rescue tools, lifting bags and other components and systems for the fire and rescue industry, and engineered stainless steel banding and clamping devices used in industrial and commercial applications. The Company's products are sold in niche markets to a range of industries throughout the world. Most of its products are sold in competitive markets. On January 31, 2011, the Company acquired the membership interests of AT Films. AT Films specializes in optical components and coatings for applications in the fields of scientific research, defense, aerospace, telecommunications and electronics manufacturing. The main points of competition in its markets are product quality, price, desig
Company Website
SEC Reports
Industry: Diversified Industrials
Compare:UTX, MMM, ARG, AP, EMR
Traded in other countries:ID7.Germany
ยป More Articles for IEX

Headlines

Articles On GuruFocus.com
The Best Dividends on April 18, 2012 Apr 18 2012 
5 Dividend Stocks Providing a Growing Income Apr 16 2012 
Guru Stocks Raising Dividends: DOW, TOO, TRGP, IEX, PAA Apr 16 2012 
IDEX Corp. (IEX) VP and CFO Dominic A Romeo sells 5,000 Shares Mar 01 2011 
IDEX Corp. (IEX) Chairman and CEO Lawrence D Kingsley sells 8,661 Shares Feb 23 2011 
IDEX Corp. (IEX) Chairman and CEO Lawrence D Kingsley sells 95,000 Shares Feb 18 2011 
WEEKLY CFO SELLS HIGHLIGHT Feb 14 2011 
IDEX Corp. (IEX) VP and CFO Dominic A Romeo sells 187,020 Shares Feb 10 2011 
IDEX Corp. Reports Operating Results (10-Q) Nov 04 2010 
IDEX Corp. (IEX) VP and CFO Dominic A Romeo sells 70,250 Shares Oct 26 2010 

Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial