Innovex International, Inc. (INVX)

Oil & Gas Field Machinery & Equipment

Latest Price

$29.95

TTM P/E

33.65

Normalized P/E

74.50

Div Yield

Book Value

15.37

P/B Ratio

1.95

Valuation metrics

EPS: $1.20

Book value / share: $15.31

Formula: √(22.5 × EPS × BVPS)

Graham Number

$20.33

32% downside

Norm. op. income: $3M (median of 7yr)

Tax rate: 18%

Discount rate: 10%

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

Earnings Power Value

$3.38

89% downside

Base FCF: $16M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$6.95

77% downside

EPS: $1.20

Target P/E: 75×

Formula: EPS × P/E

P/E Fair Value

$90.00

+201% upside

71.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	6.47M	$160.0M	9.39%	+430.0K	2026-06-30
BRANDES INVESTMENT PARTNERS, LP	5.73M	$142.0M	8.32%	-856.0K	2026-06-30
DIMENSIONAL FUND ADVISORS LP	2.87M	$71.0M	4.17%	+228.2K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	2.75M	$68.0M	4.00%	+75.2K	2026-06-30
WELLINGTON MANAGEMENT GROUP LLP	2.69M	$66.0M	3.90%	-965.4K	2026-06-30
Driehaus Capital Management LLC	1.96M	$48.0M	2.84%	+422.0K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	1.91M	$47.0M	2.77%	-23.3K	2026-06-30
STATE STREET CORP	1.89M	$46.0M	2.75%	+175.4K	2026-06-30
FMR LLC	1.22M	$30.0M	1.77%	-100.9K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	1.21M	$30.0M	1.76%	+267.9K	2026-06-30