IDEX (IEX) EV-to-EBIT: 24.44 (As of Jul. 23, 2026) — 10% Above Median

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IEX IDEX Corp IEX
92 GF Score
Price $223.16
GF Value $223.51
Valuation Fairly Valued
! 8 Warning Signs
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What is IDEX EV-to-EBIT?

IDEX IEX +0.89% 92 EV-to-EBIT is 24.44 as of Jul. 23, 2026, which is 10% above its 10-year median of 22.31. GuruFocus rates IEX with a GF Score™ of 92/100 and a GF Value™ of $223.51 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,370 Industrial Products companies, IDEX ranks worse than 59.62% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, IDEX's Enterprise Value is $17,829 Mil. IDEX's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $729 Mil. Therefore, IDEX's EV-to-EBIT for today is 24.44.

The historical rank and industry rank for IDEX's EV-to-EBIT or its related term are showing as below:

IEX' s EV-to-EBIT Range Over the Past 10 Years
Min: 16.01   Med: 22.31   Max: 32.72
Current: 24.44

During the past 13 years, the highest EV-to-EBIT of IDEX was 32.72. The lowest was 16.01. And the median was 22.31.

IEX's EV-to-EBIT is ranked worse than
59.62% of 2370 companies
in the Industrial Products industry
Industry Median: 19.465 vs IEX: 24.44

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. IDEX's Enterprise Value for the quarter that ended in Mar. 2026 was $15,395 Mil. IDEX's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $729 Mil. IDEX's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.74%.


IDEX  (NYSE:IEX) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

IDEX's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=729.4/15395.265
=4.74 %

IDEX's Enterprise Value for the quarter that ended in Mar. 2026 was $15,395 Mil.
IDEX's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $729 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


IDEX EV-to-EBIT Related Terms


IDEX EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for IDEX's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IDEX EV-to-EBIT Chart

IDEX Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.72 23.32 21.25 25.23 20.86

IDEX Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.82 22.08 19.88 20.86 21.11

IEX vs NDSN, GNRC, ITT: EV-to-EBIT Comparison

For the Specialty Industrial Machinery subindustry, IDEX's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IDEX EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, IDEX's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where IDEX's EV-to-EBIT falls into.


IEX
92GF Score
IDEX Corp IEX
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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IDEX EV-to-EBIT Calculation

IDEX's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=17828.899/729.4
=24.44

IDEX's current Enterprise Value is $17,829 Mil.
IDEX's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $729 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 24.44 mean?
IDEX (IEX) has a EV-to-EBIT of 24.44 as of Jul. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on IDEX and its competitors. This is 10% above median its historical median of 22.31. Over the past decade, IDEX's EV-to-EBIT has ranged from 16.01 to 32.72. According to the industry distribution chart, IDEX ranks #1413 out of 2370 companies in the Industrial Products industry, placing it in the top 59.6%.
Is IDEX's EV-to-EBIT too high?
IDEX's current EV-to-EBIT of 24.44 is 10% above median its 10-year median of 22.31. Over the past 10 years, this metric has ranged from a low of 16.01 to a high of 32.72. The Industrial Products industry median EV-to-EBIT is 19.47. IDEX's value of 24.44 is 25.6% above this industry median. Based on the distribution chart, IDEX ranks #1413 out of 2370 companies in the Industrial Products industry, which is below the industry midpoint. Overall, IDEX has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IDEX's EV-to-EBIT compare to NDSN and GNRC?
According to the Industrial Products industry distribution chart, IDEX ranks #1413 out of 2370 companies for EV-to-EBIT. This places IDEX in the lower half of its industry. The industry median EV-to-EBIT is 19.47. IDEX's value of 24.44 is 25.6% above this benchmark. Historically, IDEX's own EV-to-EBIT has ranged from 16.01 to 32.72 over the past decade. While the company's 10-year median is 22.31 vs. the industry median of 19.47, IDEX has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 19.47, based on 2,370 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IDEX's current EV-to-EBIT of 24.44 is 25.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on IDEX and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 19.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IDEX's current EV-to-EBIT is 24.44, which is 10% above median its own 10-year median of 22.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDEX stock overvalued right now?
Based on GuruFocus' analysis, IDEX (IEX) is currently considered Fairly Valued. The stock's GF Value™ is $223.51, compared to a current price of $223.16 — trading 0.2% below its estimated fair value. The current EV-to-EBIT is 24.44, which is 10% above median its 10-year median of 22.31 and 25.6% above the Industrial Products industry median of 19.47. IDEX's overall GF Score™ is 92/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For IDEX (IEX), the current EV-to-EBIT is 24.44 as of Jul. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IDEX (IEX) Overvalued in 2026?

Based on GuruFocus' analysis, IDEX stock appears to be undervalued. The current stock price of $223.16 is trading 0.2% below its estimated GF Value™ of $223.51. GuruFocus considers IDEX to be Fairly Valued.

Key valuation signals for IEX:

  • EV-to-EBIT: 24.44 (10% above median its 10-year median of 22.31)
  • GF Value™: $223.51 vs. price of $223.16 (0.2% below fair value)
  • GF Score™: 92/100 with 8 warning signs
  • Industry Position: 25.6% above the Industrial Products median (#1413 of 2370)

No single metric tells the full story. See the IEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IDEX Business Description

Other Exchanges ID7:GermanyI1EX34:Brazil
Address 3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. The company generated $3.5 billion in revenue in 2025.
92GF Score

Get the complete analysis for IEX

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$223.16
Price
$223.51
GF Value