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IDEX (IEX) has delivered a 47.17% total return over the past year, supported by reported annual revenue of US$3.59b and net income of US$519.5m, which gives investors concrete figures to assess the stock.
See our latest analysis for IDEX.
Over the past year, IDEX's share price return has been strong, with a 33.44% year to date gain and a 14.53% 3 month share price return indicating building momentum in addition to its 47.17% 1 year total shareholder return.
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IDEX's share price has run ahead of the past year's fundamentals, yet still sits below both analyst targets and some intrinsic value estimates. Is the recent move already pricing in the fair value range, or not quite?
The dominant narrative on IDEX compares a fair value of $254.50 against the last close of $238.94, which leaves a modest valuation gap that investors are watching closely.
The recent acquisition of Mott and its integration into IDEX's existing business operations are anticipated to enrich the company's capabilities and revenue streams. Mott's agreements, such as the $40 million multiyear wastewater filtration project, are expected to contribute positively to earnings.
Read the complete narrative. Read the complete narrative.
Want to understand why this fair value sits above today's share price? The narrative focuses on rising margins, steady top line expansion, and a valuation multiple that assumes investors keep paying up for those earnings.
Result: Fair Value of $254.50 (UNDERVALUED)
Have a read of the narrative in full and understand what's behind the forecasts.
However, IDEX still faces risks such as tariff related cost pressure and softer demand in areas like semiconductors and agriculture that could challenge the bullish narrative.
Find out about the key risks to this IDEX narrative.
Seen enough to get a sense of the current mood around IDEX, but still weighing up the positives and risks for yourself? Take a closer look at the company's potential rewards through the 3 key rewards
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include IEX.
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