Idex Corporation Stock Z Score

IEX Stock

USD 195.21 2.18 1.13%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out IDEX Piotroski F Score and IDEX Valuation analysis.

At this time, IDEX's Change In Working Capital is fairly stable compared to the past year. Long Term Debt To Capitalization is likely to rise to 0.52 in 2025, whereas Capital Surpluse is likely to drop slightly above 737.7 M in 2025. At this time, IDEX's Net Income is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 843.9 M in 2025, whereas EBITDA is likely to drop slightly above 341.2 M in 2025.

IDEX Corporation Company Z Score Analysis

IDEX's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

IDEX Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for IDEX is extremely important. It helps to project a fair market value of IDEX Stock properly, considering its historical fundamentals such as Z Score. Since IDEX's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of IDEX's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of IDEX's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Treasury Stock	Short Term Debt	Property Plant Equipment	Good Will	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	0.74	0.98	0.98	0.99	0.91	0.94	0.71	0.59	0.98	-0.79	0.25	0.8	0.99	0.33	-0.49	-0.49	0.84	0.83	0.71	-0.64	0.54	0.84	0.72	-0.64
Total Stockholder Equity	1.0		0.7	0.99	0.97	0.97	0.92	0.93	0.71	0.58	0.96	-0.8	0.22	0.81	0.98	0.34	-0.46	-0.45	0.84	0.84	0.71	-0.64	0.57	0.85	0.74	-0.61
Net Debt	0.74	0.7		0.68	0.77	0.79	0.4	0.89	0.37	0.31	0.79	-0.4	0.41	0.51	0.81	0.34	-0.54	-0.93	0.66	0.47	0.65	-0.35	-0.08	0.67	0.19	-0.72
Retained Earnings	0.98	0.99	0.68		0.95	0.96	0.9	0.91	0.71	0.54	0.95	-0.88	0.23	0.82	0.97	0.39	-0.38	-0.44	0.84	0.89	0.71	-0.74	0.6	0.85	0.75	-0.59
Net Receivables	0.98	0.97	0.77	0.95		0.97	0.87	0.92	0.77	0.68	0.98	-0.78	0.14	0.8	0.96	0.19	-0.61	-0.54	0.84	0.82	0.66	-0.63	0.42	0.78	0.58	-0.57
Total Liab	0.99	0.97	0.79	0.96	0.97		0.88	0.95	0.69	0.59	0.99	-0.76	0.29	0.77	0.98	0.32	-0.53	-0.55	0.84	0.81	0.7	-0.61	0.48	0.82	0.67	-0.68
Total Current Assets	0.91	0.92	0.4	0.9	0.87	0.88		0.73	0.76	0.67	0.86	-0.81	0.1	0.75	0.84	0.18	-0.41	-0.11	0.74	0.84	0.53	-0.62	0.75	0.7	0.83	-0.43
Intangible Assets	0.94	0.93	0.89	0.91	0.92	0.95	0.73		0.55	0.39	0.93	-0.64	0.41	0.72	0.98	0.48	-0.43	-0.71	0.81	0.71	0.77	-0.52	0.33	0.87	0.58	-0.75
Accounts Payable	0.71	0.71	0.37	0.71	0.77	0.69	0.76	0.55		0.83	0.74	-0.75	-0.24	0.91	0.65	-0.06	-0.57	-0.23	0.86	0.84	0.64	-0.58	0.38	0.64	0.48	0.03
Common Stock	0.59	0.58	0.31	0.54	0.68	0.59	0.67	0.39	0.83		0.62	-0.54	-0.32	0.64	0.51	-0.49	-0.81	-0.15	0.6	0.65	0.25	-0.43	0.22	0.31	0.26	-0.05
Long Term Debt	0.98	0.96	0.79	0.95	0.98	0.99	0.86	0.93	0.74	0.62		-0.77	0.19	0.79	0.97	0.28	-0.57	-0.58	0.87	0.81	0.71	-0.64	0.45	0.81	0.64	-0.59
Treasury Stock	-0.79	-0.8	-0.4	-0.88	-0.78	-0.76	-0.81	-0.64	-0.75	-0.54	-0.77		0.0	-0.8	-0.76	-0.24	0.25	0.2	-0.75	-0.94	-0.57	0.91	-0.64	-0.66	-0.68	0.26
Short Term Debt	0.25	0.22	0.41	0.23	0.14	0.29	0.1	0.41	-0.24	-0.32	0.19	0.0		0.01	0.31	0.6	0.18	-0.32	0.1	0.08	0.31	0.16	0.02	0.39	0.22	-0.65
Property Plant Equipment	0.8	0.81	0.51	0.82	0.8	0.77	0.75	0.72	0.91	0.64	0.79	-0.8	0.01		0.78	0.28	-0.36	-0.37	0.96	0.91	0.85	-0.66	0.44	0.87	0.63	-0.15
Good Will	0.99	0.98	0.81	0.97	0.96	0.98	0.84	0.98	0.65	0.51	0.97	-0.76	0.31	0.78		0.4	-0.45	-0.59	0.84	0.81	0.74	-0.63	0.46	0.86	0.67	-0.69
Current Deferred Revenue	0.33	0.34	0.34	0.39	0.19	0.32	0.18	0.48	-0.06	-0.49	0.28	-0.24	0.6	0.28	0.4		0.47	-0.3	0.35	0.23	0.63	-0.18	0.31	0.65	0.51	-0.39
Short Term Investments	-0.49	-0.46	-0.54	-0.38	-0.61	-0.53	-0.41	-0.43	-0.57	-0.81	-0.57	0.25	0.18	-0.36	-0.45	0.47		0.5	-0.44	-0.33	-0.17	0.15	0.2	-0.18	0.09	0.19
Net Tangible Assets	-0.49	-0.45	-0.93	-0.44	-0.54	-0.55	-0.11	-0.71	-0.23	-0.15	-0.58	0.2	-0.32	-0.37	-0.59	-0.3	0.5		-0.54	-0.27	-0.58	0.21	0.37	-0.51	0.09	0.51
Long Term Debt Total	0.84	0.84	0.66	0.84	0.84	0.84	0.74	0.81	0.86	0.6	0.87	-0.75	0.1	0.96	0.84	0.35	-0.44	-0.54		0.86	0.91	-0.6	0.37	0.91	0.61	-0.27
Capital Surpluse	0.83	0.84	0.47	0.89	0.82	0.81	0.84	0.71	0.84	0.65	0.81	-0.94	0.08	0.91	0.81	0.23	-0.33	-0.27	0.86		0.69	-0.82	0.58	0.77	0.69	-0.3
Deferred Long Term Liab	0.71	0.71	0.65	0.71	0.66	0.7	0.53	0.77	0.64	0.25	0.71	-0.57	0.31	0.85	0.74	0.63	-0.17	-0.58	0.91	0.69		-0.41	0.26	0.95	0.56	-0.28
Short Long Term Debt	-0.64	-0.64	-0.35	-0.74	-0.63	-0.61	-0.62	-0.52	-0.58	-0.43	-0.64	0.91	0.16	-0.66	-0.63	-0.18	0.15	0.21	-0.6	-0.82	-0.41		-0.58	-0.5	-0.57	0.25
Cash And Equivalents	0.54	0.57	-0.08	0.6	0.42	0.48	0.75	0.33	0.38	0.22	0.45	-0.64	0.02	0.44	0.46	0.31	0.2	0.37	0.37	0.58	0.26	-0.58		0.44	0.92	-0.23
Net Invested Capital	0.84	0.85	0.67	0.85	0.78	0.82	0.7	0.87	0.64	0.31	0.81	-0.66	0.39	0.87	0.86	0.65	-0.18	-0.51	0.91	0.77	0.95	-0.5	0.44		0.72	-0.46
Net Working Capital	0.72	0.74	0.19	0.75	0.58	0.67	0.83	0.58	0.48	0.26	0.64	-0.68	0.22	0.63	0.67	0.51	0.09	0.09	0.61	0.69	0.56	-0.57	0.92	0.72		-0.38
Capital Stock	-0.64	-0.61	-0.72	-0.59	-0.57	-0.68	-0.43	-0.75	0.03	-0.05	-0.59	0.26	-0.65	-0.15	-0.69	-0.39	0.19	0.51	-0.27	-0.3	-0.28	0.25	-0.23	-0.46	-0.38

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict IDEX

According to the company's disclosures, IDEX Corporation has a Z Score of 0.0. This is 100.0% lower than that of the Machinery sector and about the same as Industrials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

IDEX ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, IDEX's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to IDEX's managers, analysts, and investors.

Environmental

Governance

Social

IDEX Institutional Holders

Institutional Holdings refers to the ownership stake in IDEX that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of IDEX's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing IDEX's value.

		Shares
Pictet Asset Manangement Sa	2024-09-30	1.5 M
Champlain Investment Partners, Llc	2024-09-30	1.2 M
Barclays Plc	2024-09-30	1.2 M
Van Eck Associates Corporation	2024-12-31	965.2 K
First Trust Advisors L.p.	2024-09-30	950.7 K
Nordea Investment Mgmt Bank Demark A/s	2024-12-31	862.6 K
Fenimore Asset Management Inc	2024-12-31	839.5 K
Alecta Pensionsforsakring, Omsesidigt	2024-12-31	800 K
King Luther Capital Management Corp	2024-09-30	742.7 K
Vanguard Group Inc	2024-09-30	9.2 M
Blackrock Inc	2024-09-30	6.2 M

IDEX Fundamentals

	Return On Equity	0.14
	Return On Asset	0.069
	Profit Margin	0.15 %
	Operating Margin	0.20 %
	Current Valuation	16.12 B
	Shares Outstanding	75.72 M
	Shares Owned By Insiders	0.45 %
	Shares Owned By Institutions	99.58 %
	Number Of Shares Shorted	1.28 M
	Price To Earning	32.37 X
	Price To Book	3.90 X
	Price To Sales	4.52 X
	Revenue	3.27 B
	Gross Profit	1.45 B
	EBITDA	677.2 M
	Net Income	504.6 M
	Cash And Equivalents	430.2 M
	Cash Per Share	9.63 X
	Total Debt	1.96 B
	Debt To Equity	0.46 %
	Current Ratio	3.23 X
	Book Value Per Share	50.06 X
	Cash Flow From Operations	668.1 M
	Short Ratio	3.05 X
	Earnings Per Share	6.64 X
	Price To Earnings To Growth	1.83 X
	Target Price	231.73
	Number Of Employees	8.8 K
	Beta	0.97
	Market Capitalization	14.78 B
	Total Asset	6.75 B
	Retained Earnings	4.23 B
	Working Capital	946 M
	Current Asset	862.68 M
	Current Liabilities	309.6 M
	Annual Yield	0.01 %
	Five Year Return	1.11 %
	Net Asset	6.75 B
	Last Dividend Paid	2.76

About IDEX Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze IDEX Corporation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IDEX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IDEX Corporation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for IDEX Stock Analysis

When running IDEX's price analysis, check to measure IDEX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IDEX is operating at the current time. Most of IDEX's value examination focuses on studying past and present price action to predict the probability of IDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEX's price. Additionally, you may evaluate how the addition of IDEX to your portfolios can decrease your overall portfolio volatility.

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Idex Corporation Stock Z Score

IDEX Corporation Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

IDEX Z Score Driver Correlations

IDEX ESG Sustainability

IDEX Institutional Holders

IDEX Fundamentals

About IDEX Fundamental Analysis

Also Currently Popular

Additional Tools for IDEX Stock Analysis

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