IX

IDEXX Laboratories IncXETRA IDEXX Stock Report

Last reporting period 30 Jun, 2024

Updated 01 Nov, 2024

Last price

Market cap $B

41.678

Mega

Exchange

XETR - Xetra

View Section: Eyestock Rating

IDEXX Fair Value

IX

The fair market value of IX1.DE stock is 515.97 EUR. Relative to the market price of 375.8 EUR IDEXX is undervalued by 37.3%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Greatly undervalued 37.3%
515.97 EUR
IX1.DE Fair Value
375.8 EUR
Market price of IX1.DE

IDEXX Valuation

Current IX1.DE share ticker price is 375.8 EUR.

The fair value level of 515.97 EUR can be considered as an effective entry point for long-term investors to start investing in IX1.DE stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 37% lower its fair value

Min value

Current price is 14% lower its minimum value

Max value

Current price is 79% lower its maximum value

04.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

IX1.DE stock is greatly undervalued

It means the current price may concern as a Low Risk Entry Point

IDEXX Laboratories Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

71.6

2

Median P/E over 5 years

54.96

3

Minimum P/E over 5 years

45.82

4

Earning per share (last 12 months)

10.2 USD

Maximum value

1

x

4

=

672.18 EUR

Fair value

2

x

4

=

515.97 EUR

Minimum value

3

x

4

=

430.14 EUR

IDEXX Laboratories Inc price metrics

8.42

Annual return (geometric mean)

34.63

Risk (standard deviation) of returns

β

1.45

Beta (volatility compared to market)

It means that IX1.DE stock is more volatile than the broader market

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View Section: Profitability