Colfax Corporation (CFX) vs. IDEX Corporation (NYSE:IEX) Financial Contrast
IDEX Corporation (NYSE: IEX) and Colfax Corporation (NYSE:CFX) are both mid-cap industrial products companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, risk, valuation, dividends, institutional ownership, profitabiliy and analyst recommendations.
Valuation & Earnings
This table compares IDEX Corporation and Colfax Corporation’s top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|IDEX Corporation||$2.16 billion||4.03||$548.12 million||$3.64||31.35|
|Colfax Corporation||$3.62 billion||1.33||$445.21 million||$1.17||33.56|
IDEX Corporation has higher revenue, but lower earnings than Colfax Corporation. IDEX Corporation is trading at a lower price-to-earnings ratio than Colfax Corporation, indicating that it is currently the more affordable of the two stocks.
This is a summary of recent ratings and target prices for IDEX Corporation and Colfax Corporation, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
IDEX Corporation presently has a consensus price target of $97.14, indicating a potential downside of 14.88%. Colfax Corporation has a consensus price target of $41.67, indicating a potential upside of 6.13%. Given Colfax Corporation’s stronger consensus rating and higher probable upside, analysts plainly believe Colfax Corporation is more favorable than IDEX Corporation.
Institutional and Insider Ownership
98.7% of IDEX Corporation shares are owned by institutional investors. Comparatively, 77.2% of Colfax Corporation shares are owned by institutional investors. 1.0% of IDEX Corporation shares are owned by company insiders. Comparatively, 10.6% of Colfax Corporation shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
This table compares IDEX Corporation and Colfax Corporation’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Volatility and Risk
IDEX Corporation has a beta of 1.19, indicating that its share price is 19% more volatile than the S&P 500. Comparatively, Colfax Corporation has a beta of 1.37, indicating that its share price is 37% more volatile than the S&P 500.
IDEX Corporation pays an annual dividend of $1.48 per share and has a dividend yield of 1.3%. Colfax Corporation does not pay a dividend. IDEX Corporation pays out 40.7% of its earnings in the form of a dividend. IDEX Corporation has increased its dividend for 7 consecutive years.
IDEX Corporation beats Colfax Corporation on 9 of the 17 factors compared between the two stocks.
IDEX Corporation Company Profile
IDEX Corporation (IDEX) operates an applied solutions business that sells pumps, flow meters and other fluidics systems, and components and engineered products. The Company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST) and Fire & Safety/Diversified Products (FSDP). With its segments, as of December 31, 2016, the Company maintained 13 platforms, where it focused on growth and acquisitions. The Company’s FMT segment provides flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural and energy industries. The HST segment designs, produces and distributes precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems. Its FSDP segment produces firefighting pumps and controls, rescue tools, lifting bags and other components and systems; engineered stainless steel banding and clamping devices, and precision equipment.
Colfax Corporation Company Profile
Colfax Corporation is an industrial manufacturing and engineering company. The Company provides gas and fluid handling and fabrication technology products and services to customers around the world. The Company’s segments include Gas and Fluid Handling, and Fabrication Technology. The Gas and Fluid Handling segment supplies a range of gas and fluid handling products, including heavy-duty centrifugal and axial fans, rotary heat exchangers, gas compressors, pumps and certain related products, as well as aftermarket and lubrication-related services, which serves customers in the power generation, oil, gas and petrochemical, mining, marine (including defense) and general industrial and other end markets. The Fabrication Technology segment supplies welding equipment and consumables, cutting equipment and consumables, and automated welding and cutting systems. It formulates, develops, manufactures and supplies consumable products and equipment.
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