IEX

IDEX Corporation

Industrials · $16.9B market cap

Verdict

Share price

$232.99

close of Oct 3, 2026

Fair value

$160.22

Sticker Price

Payback Price

$64.09

buy price

Overpriced

IEX is Overpriced: at $232.99 it trades 45% above its fair value of $160.22. Its buy price (Payback Price) is $64.09, 72% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.

How we valued it

Free Cash Flow. Sales grew 3% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

0 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth8.9% a year✗
Equity per share growth7.9% a year✗
Sales growth5.4% a year✗
Free cash flow growth8.1% a year✗
Return on invested capital9.4%✗

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Superinvestors

2 of the investors we track hold IEX. In Q1 2026, 1 trimmed and 1 sold out. Who we track

Moves in Q1 2026

Trimmed: Wallace Weitz

Sold out: Dodge & Cox Funds

Insider activity

Since Aug 12, 2026: no open-market purchases, 1 sale worth $92K and 2 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About IDEX Corporation

IDEX Corporation is an international enterprise specializing in engineered solutions across diverse sectors. The company operates through three primary business units: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT division is responsible for the design, production, and distribution of a range of fluid-handling equipment, including…

Industrial - Machinery

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works