Using the PEG framework with analyst consensus forward EPS growth of 16.7% plus 1.5% dividend yield, IDEX Corporation has a fair value of $137.76 based on NTM EPS (FY2026) of $8.26. The current PEG ratio is 1.38.
PEG < 1 = bargain, 1–1.5 = fair, > 2 = expensive.
PEG is most informative for high-growth companies — the PEG sweet spot.
| EPS Growth RateForward | 15.2% |
| Dividend Yield | +1.5% |
| Adjusted Growth (clamped 8–25%) | 16.7% |
| Fair P/E | 16.7x |
| NTM EPS (FY2026) | $8.26 |
| Fair Value | $137.76 |
| Period | EPS Est. | Growth | Analysts |
|---|---|---|---|
| FY2025 (actual) | $6.41 | — | — |
| FY2026E | $8.26 | +28.9% | 10 |
| FY2027E | $8.97 | +8.6% | 11 |
| FY2028E | $9.80 | +9.2% | 6 |
| FY2029E | $11.28 | +15.2% | 5 |
4Y Forward EPS CAGR: 15.2%
| Year | Net Income | EPS | YoY |
|---|---|---|---|
| FY2021 | $449.4M | $5.88 | — |
| FY2022 | $586.9M | $7.72 | +31.3% |
| FY2023 | $596.1M | $7.85 | +1.7% |
| FY2024 | $505.0M | $6.64 | -15.4% |
| FY2025 | $483.2M | $6.41 | -3.5% |
4Y Historical EPS CAGR: 2.2%
The PEG Fair Value uses the Price/Earnings-to-Growth framework. A stock is fairly valued when its P/E ratio equals its earnings growth rate (PEG = 1.0). This model adds dividend yield to the growth rate per the original PEGY formula.
Growth rate priority: analyst consensus forward EPS CAGR (when ≥ 3 analysts cover the stock), falling back to historical EPS CAGR. Using EPS rather than net income avoids distortion from share buybacks. The growth rate is clamped between 8% and 25% — below 8% would undervalue stable earners, while above 25% would overvalue unsustainable spikes.