IDEX Corp (IEX, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising market position. With a current share price of $219.61, IDEX Corp has enjoyed a daily increase of 0.28% and an impressive three-month growth of 13.19%. A detailed analysis, supported by the GF Score, indicates that IDEX Corp is poised for significant future growth.
What Is the GF Score?
The GF Score is a proprietary stock performance ranking system developed by GuruFocus. It evaluates stocks based on five key aspects: financial strength, profitability, growth, GF Value, and momentum. These aspects are weighted differently to calculate a comprehensive score ranging from 0 to 100, with 100 indicating the highest potential for outperformance. For IDEX Corp, the GF Score stands at an impressive 92 out of 100, signaling strong future performance potential.
- Financial strength rank: 7/10
- Profitability rank: 9/10
- Growth rank: 9/10
- GF Value rank: 7/10
- Momentum rank: 5/10
Understanding IDEX Corp's Business
IDEX Corp, headquartered in Lake Forest, Illinois, is a leading manufacturer of pumps, flow meters, valves, and fluidic systems. The company operates across three business segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. With a market cap of $16.63 billion and annual sales of $3.19 billion, IDEX Corp maintains a robust operating margin of 21.3% and employs over 7,000 people worldwide.
Financial Strength Breakdown
IDEX Corp's financial resilience is evident in its Financial Strength rating. The company boasts an Interest Coverage ratio of 17.27, significantly above the benchmark of 5 set by investment guru Benjamin Graham. This strong ratio highlights IDEX Corp's ability to comfortably meet its interest obligations. Additionally, its strategic debt management is reflected in a Debt-to-Revenue ratio of 0.66, further solidifying its financial health.
Profitability and Growth Metrics
The Profitability Rank of IDEX Corp is outstanding, placing it among the top performers in its sector. This is complemented by a strong Predictability Rank of 4.5 stars, indicating reliable operational performance. In terms of growth, IDEX Corp has demonstrated a commitment to expansion, with a 3-Year Revenue Growth Rate of 11.9%, outperforming 59.26% of its industry peers. The company's EBITDA growth over the past three and five years further underscores its dynamic growth trajectory.
Conclusion
Considering IDEX Corp's robust financial strength, high profitability, and consistent growth metrics, the GF Score highlights the company's exceptional position for potential market outperformance. For investors seeking similar opportunities, the GF Score Screen offers a valuable tool for identifying companies with strong investment potential.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
