AVAV vs. IEX: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AVAV and IEX, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | AVAV | IEX |
|---|---|---|
| Company Name | AeroVironment, Inc. | IDEX Corporation |
| Country | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry | Aerospace & Defense | Machinery |
| Market Capitalization | 11.60 billion USD | 12.38 billion USD |
| Exchange | NasdaqGS | NYSE |
| Listing Date | January 23, 2007 | June 2, 1989 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of AVAV and IEX by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | AVAV | IEX |
|---|---|---|
| 5-Day Price Return | -7.70% | -1.63% |
| 13-Week Price Return | 43.32% | -13.40% |
| 26-Week Price Return | 40.24% | -14.80% |
| 52-Week Price Return | 23.49% | -17.43% |
| Month-to-Date Return | -12.13% | 0.59% |
| Year-to-Date Return | 52.82% | -21.42% |
| 10-Day Avg. Volume | 0.81M | 0.73M |
| 3-Month Avg. Volume | 1.11M | 0.72M |
| 3-Month Volatility | 70.06% | 31.74% |
| Beta | 0.98 | 1.04 |
Profitability
Return on Equity (TTM)
AVAV
5.06%
Aerospace & Defense Industry
- Max
- 43.89%
- Q3
- 22.42%
- Median
- 12.50%
- Q1
- 5.21%
- Min
- -6.24%
AVAV’s Return on Equity of 5.06% is in the lower quartile for the Aerospace & Defense industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.
IEX
12.09%
Machinery Industry
- Max
- 34.68%
- Q3
- 19.06%
- Median
- 13.13%
- Q1
- 8.53%
- Min
- -4.87%
IEX’s Return on Equity of 12.09% is on par with the norm for the Machinery industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
AVAV
5.32%
Aerospace & Defense Industry
- Max
- 14.54%
- Q3
- 8.08%
- Median
- 6.17%
- Q1
- 2.49%
- Min
- -1.63%
AVAV’s Net Profit Margin of 5.32% is aligned with the median group of its peers in the Aerospace & Defense industry. This indicates its ability to convert revenue into profit is typical for the sector.
IEX
14.05%
Machinery Industry
- Max
- 19.74%
- Q3
- 11.24%
- Median
- 8.13%
- Q1
- 5.38%
- Min
- -1.11%
A Net Profit Margin of 14.05% places IEX in the upper quartile for the Machinery industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin (TTM)
AVAV
4.97%
Aerospace & Defense Industry
- Max
- 16.63%
- Q3
- 10.38%
- Median
- 8.29%
- Q1
- 6.21%
- Min
- 0.95%
AVAV’s Operating Profit Margin of 4.97% is in the lower quartile for the Aerospace & Defense industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.
IEX
19.83%
Machinery Industry
- Max
- 26.63%
- Q3
- 16.15%
- Median
- 11.27%
- Q1
- 7.72%
- Min
- -4.91%
An Operating Profit Margin of 19.83% places IEX in the upper quartile for the Machinery industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | AVAV | IEX |
|---|---|---|
| Return on Equity (TTM) | 5.06% | 12.09% |
| Return on Assets (TTM) | 4.17% | 6.86% |
| Net Profit Margin (TTM) | 5.32% | 14.05% |
| Operating Profit Margin (TTM) | 4.97% | 19.83% |
| Gross Profit Margin (TTM) | 38.83% | 44.36% |
Financial Strength
Current Ratio (MRQ)
AVAV
3.52
Aerospace & Defense Industry
- Max
- 3.09
- Q3
- 1.98
- Median
- 1.23
- Q1
- 1.03
- Min
- 0.02
AVAV’s Current Ratio of 3.52 is exceptionally high, placing it well outside the typical range for the Aerospace & Defense industry. This indicates a very strong liquidity position, though such a high ratio may also suggest that the company is not using its assets efficiently to generate profits.
IEX
3.05
Machinery Industry
- Max
- 3.83
- Q3
- 2.32
- Median
- 1.72
- Q1
- 1.28
- Min
- 0.78
IEX’s Current Ratio of 3.05 is in the upper quartile for the Machinery industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
Debt-to-Equity Ratio (MRQ)
AVAV
0.03
Aerospace & Defense Industry
- Max
- 1.70
- Q3
- 1.04
- Median
- 0.68
- Q1
- 0.41
- Min
- 0.00
Falling into the lower quartile for the Aerospace & Defense industry, AVAV’s Debt-to-Equity Ratio of 0.03 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
IEX
0.46
Machinery Industry
- Max
- 1.49
- Q3
- 0.75
- Median
- 0.44
- Q1
- 0.26
- Min
- 0.00
IEX’s Debt-to-Equity Ratio of 0.46 is typical for the Machinery industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
AVAV
20.72
Aerospace & Defense Industry
- Max
- 36.57
- Q3
- 19.90
- Median
- 7.04
- Q1
- 2.40
- Min
- -7.63
AVAV’s Interest Coverage Ratio of 20.72 is in the upper quartile for the Aerospace & Defense industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
IEX
15.37
Machinery Industry
- Max
- 67.55
- Q3
- 33.79
- Median
- 13.87
- Q1
- 7.97
- Min
- -1.43
IEX’s Interest Coverage Ratio of 15.37 is positioned comfortably within the norm for the Machinery industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | AVAV | IEX |
|---|---|---|
| Current Ratio (MRQ) | 3.52 | 3.05 |
| Quick Ratio (MRQ) | 2.52 | 2.13 |
| Debt-to-Equity Ratio (MRQ) | 0.03 | 0.46 |
| Interest Coverage Ratio (TTM) | 20.72 | 15.37 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
AVAV
0.00%
Aerospace & Defense Industry
- Max
- 2.03%
- Q3
- 1.22%
- Median
- 0.43%
- Q1
- 0.00%
- Min
- 0.00%
AVAV currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
IEX
1.70%
Machinery Industry
- Max
- 5.32%
- Q3
- 2.84%
- Median
- 1.87%
- Q1
- 1.09%
- Min
- 0.00%
IEX’s Dividend Yield of 1.70% is consistent with its peers in the Machinery industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio (TTM)
AVAV
0.00%
Aerospace & Defense Industry
- Max
- 83.87%
- Q3
- 49.90%
- Median
- 16.48%
- Q1
- 0.00%
- Min
- 0.00%
AVAV has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
IEX
44.84%
Machinery Industry
- Max
- 202.17%
- Q3
- 98.65%
- Median
- 55.54%
- Q1
- 29.03%
- Min
- 0.00%
IEX’s Dividend Payout Ratio of 44.84% is within the typical range for the Machinery industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | AVAV | IEX |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.70% |
| Dividend Payout Ratio (TTM) | 0.00% | 44.84% |
Valuation
Price-to-Earnings Ratio (TTM)
AVAV
263.65
Aerospace & Defense Industry
- Max
- 65.97
- Q3
- 54.11
- Median
- 34.53
- Q1
- 23.66
- Min
- 0.00
At 263.65, AVAV’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Aerospace & Defense industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
IEX
26.39
Machinery Industry
- Max
- 53.66
- Q3
- 31.29
- Median
- 22.00
- Q1
- 16.18
- Min
- 7.00
IEX’s P/E Ratio of 26.39 is within the middle range for the Machinery industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Price-to-Sales Ratio (TTM)
AVAV
14.01
Aerospace & Defense Industry
- Max
- 8.07
- Q3
- 4.49
- Median
- 2.42
- Q1
- 1.39
- Min
- 0.00
With a P/S Ratio of 14.01, AVAV trades at a valuation that eclipses even the highest in the Aerospace & Defense industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
IEX
3.71
Machinery Industry
- Max
- 5.04
- Q3
- 2.72
- Median
- 1.67
- Q1
- 1.04
- Min
- 0.24
IEX’s P/S Ratio of 3.71 is in the upper echelon for the Machinery industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio (MRQ)
AVAV
4.82
Aerospace & Defense Industry
- Max
- 13.67
- Q3
- 7.92
- Median
- 4.65
- Q1
- 2.68
- Min
- 0.82
AVAV’s P/B Ratio of 4.82 is within the conventional range for the Aerospace & Defense industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
IEX
3.31
Machinery Industry
- Max
- 7.23
- Q3
- 3.90
- Median
- 2.52
- Q1
- 1.47
- Min
- 0.49
IEX’s P/B Ratio of 3.31 is within the conventional range for the Machinery industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | AVAV | IEX |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 263.65 | 26.39 |
| Price-to-Sales Ratio (TTM) | 14.01 | 3.71 |
| Price-to-Book Ratio (MRQ) | 4.82 | 3.31 |
| Price-to-Free Cash Flow Ratio (TTM) | 160.44 | 21.10 |