IDEX CORP /DE/ (IEX)

Pumps & Pumping Equipment

Latest Price

$224.21

TTM P/E

32.26

Normalized P/E

31.84

Div Yield

1.28%

Book Value

54.16

P/B Ratio

4.14

Valuation metrics

EPS: $6.41

Book value / share: $53.49

Formula: √(22.5 × EPS × BVPS)

Graham Number

$87.83

61% downside

Norm. op. income: $677M (median of 7yr)

Tax rate: 22%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$53.85

76% downside

Base FCF: $603M (median of recent 5yr)

Growth: 1%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$83.85

63% downside

EPS: $6.41

Target P/E: 32×

Formula: EPS × P/E

P/E Fair Value

$205.12

9% downside

99.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	5.73M	$1.30B	7.73%	+58.1K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	4.84M	$1.10B	6.53%	-10.3K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	3.73M	$847.0M	5.03%	-34.5K	2026-06-30
STATE STREET CORP	3.32M	$752.0M	4.47%	+112.0K	2026-06-30
PRIMECAP MANAGEMENT CO/CA/	3.30M	$748.0M	4.45%	-2.9K	2026-06-30
MORGAN STANLEY	2.82M	$639.0M	3.80%	-279.7K	2026-06-30
MILLENNIUM MANAGEMENT LLC	2.44M	$554.0M	3.29%	+448.9K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	2.10M	$474.0M	2.83%	+7.0K	2026-06-30
NORDEA INVESTMENT MANAGEMENT AB	1.84M	$418.0M	2.48%	-31.3K	2026-06-30
VICTORY CAPITAL MANAGEMENT INC	1.53M	$346.0M	2.06%	+14.4K	2026-06-30