DCF Valuation
Base-case fair value
$110.31
Intrinsic $147.08 · 25% MOS
Current price: $224.93
Base-case summary
Our base-case DCF for Idex Corp (IEX) projects 10 years of free cash flow growth at 4.4% for years 1–5 and 2.2% for years 6–10, anchored to 4.4% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $611M in trailing free cash flow, this produces an intrinsic value of $147.08 per share. A 25% safety margin gives a fair value of $110.31, suggesting the stock is currently 51% overvalued against the $224.93 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$611M
Cash & equivalents
$586M
Total debt
$1.9B
Shares outstanding
74M