Published on 29 Mar 2024 on Simply Wall St. via Yahoo Finance
Key Insights
Using the 2 Stage Free Cash Flow to Equity, IDEX fair value estimate is US$311Current share price of US$244 suggests IDEX is potentially 21% undervalued Analyst price target for IEX is US$236 which is 24% below our fair value estimate
Today we will run through one way of estimating the intrinsic value of IDEX Corporation (NYSE:IEX) by projecting its future cash flows and then discounting them to today's value. We will use the Discounted Cash Flow (DCF) model on this occasion. Believe it or not, it's not too difficult to follow, as you'll see from our example!