Discounted Cash Flow

IDEX Corp. /De/

IEX · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $2.1b $271.1m $361.7m 12.8% $3.57
2017 $2.3b (8.2%) $337.3m (24.4%) $388.9m (7.5%) 14.7% (14.9%) $4.41 (23.5%)
2018 $2.5b (8.6%) $410.6m (21.7%) $423.3m (8.8%) 16.5% (12.1%) $5.36 (21.5%)
2019 $2.5b (0.4%) $425.5m (3.6%) $477.1m (12.7%) 17.1% (3.2%) $5.62 (4.9%)
2020 $2.4b (-5.7%) $377.8m (-11.2%) $517.7m (8.5%) 16.1% (-5.8%) $4.98 (-11.4%)
2021 $2.8b (17.6%) $449.4m (19.0%) $492.6m (-4.9%) 16.3% (1.2%) $5.91 (18.7%)
2022 $3.2b (15.1%) $586.9m (30.6%) $489.4m (-0.6%) 18.4% (13.5%) $7.74 (31.0%)
2023 $3.3b (2.9%) $596.1m (1.6%) $626.8m (28.1%) 18.2% (-1.3%) $7.87 (1.7%)
2024 $3.3b (-0.2%) $505.0m (-15.3%) $603.0m (-3.8%) 15.4% (-15.2%) $6.66 (-15.4%)
2025 $3.5b (5.8%) $483.2m (-4.3%) $616.8m (2.3%) 14.0% (-9.5%) $6.41 (-3.8%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model