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SXIStandex International Corporation
$348.46$4.2B
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  4. Financial Ratios

Standex International Corporation (SXI) Financial Ratios

Latest Ratios: P/E Ratio 75.1x · EV/EBITDA 30.0x · ROE 8.2%. (1996–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

SXI Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$4.2B$1.9B$1.9B$1.7B$1.0B$1.2B$713M$924M$1.3B$1.2B$1.1B
Enterprise Value$4.7B$2.4B$2.0B$1.7B$1.1B$1.3B$838M$1.0B$1.4B$1.3B$1.0B
P/E Ratio →75.1033.7226.2512.2316.7531.8517.3919.5635.7324.8520.30
P/S Ratio5.342.382.662.291.401.771.181.171.511.531.41
P/B Ratio5.662.543.092.802.062.301.541.992.902.832.86
P/FCF102.3345.5826.5125.5419.0918.8227.7223.7034.0531.3116.91
P/OCF60.6627.0220.7018.7113.2213.9215.0912.6020.1318.2513.15

P/E links to full P/E history page with 30-year chart

SXI EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—3.012.712.311.551.931.391.301.601.671.37
EV / EBITDA30.0115.1215.198.579.6413.679.029.5812.5614.8911.71
EV / EBIT38.7325.6620.5215.0911.3716.1612.5113.2317.7119.2614.26
EV / FCF—57.6826.9825.7121.1220.4432.5626.3836.2434.1016.43

SXI Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin38.0%38.0%39.1%38.5%36.7%36.8%35.6%33.9%34.8%33.5%33.6%
Operating Margin15.4%15.4%14.1%23.1%12.0%9.0%10.0%9.9%9.7%8.6%9.4%
Net Profit Margin7.1%7.1%10.1%18.8%8.3%5.6%3.3%6.0%4.2%6.2%6.9%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE8.2%8.2%11.9%25.1%12.2%7.5%4.4%10.3%8.5%12.0%14.5%
ROA4.3%4.3%7.2%14.2%6.5%3.9%2.2%5.1%4.1%6.0%7.7%
ROIC9.7%9.7%12.0%20.9%10.9%7.4%7.9%10.6%12.0%11.4%15.2%
ROCE10.7%10.7%11.6%20.5%11.0%7.3%7.6%10.2%11.5%10.3%13.1%

SXI Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.820.820.300.340.430.470.530.430.430.470.25
Debt / EBITDA3.843.841.461.041.812.562.621.841.752.271.05
Net Debt / Equity—0.670.050.020.220.200.270.220.190.25-0.08
Net Debt / EBITDA3.173.170.260.060.931.081.340.970.761.22-0.34
Debt / FCF—12.100.470.172.031.624.852.682.192.80-0.48
Interest Coverage3.883.8820.9320.9817.0313.058.967.229.7816.2025.07

SXI Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio2.882.883.373.432.512.612.702.362.382.262.65
Quick Ratio2.102.102.692.731.821.972.011.821.591.511.87
Cash Ratio0.630.631.211.390.700.950.970.660.680.550.91
Asset Turnover—0.500.720.720.790.680.650.860.950.871.09
Inventory Turnover3.773.775.044.634.424.524.586.864.454.214.74
Days Sales Outstanding—107.1484.4676.1473.6076.5669.7352.3050.3562.6051.14

SXI Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield0.4%0.8%0.7%0.8%1.2%1.0%1.5%1.1%0.7%0.7%0.6%
Payout Ratio27.0%27.0%19.0%9.3%20.0%31.4%52.5%20.8%24.3%16.9%13.2%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield1.3%3.0%3.8%8.2%6.0%3.1%5.8%5.1%2.8%4.0%4.9%
FCF Yield1.0%2.2%3.8%3.9%5.2%5.3%3.6%4.2%2.9%3.2%5.9%
Buyback Yield0.2%0.5%1.7%1.5%3.1%1.8%1.5%3.6%0.2%0.7%0.5%
Total Shareholder Yield0.6%1.3%2.4%2.3%4.2%2.8%3.0%4.7%0.9%1.4%1.2%
Shares Outstanding—$12M$12M$12M$12M$12M$12M$13M$13M$13M$13M

Key Metrics

Growth RegimeExpanding
ProfitabilityStrong
Balance SheetHealthy
Cash FlowMixed
Top Statement Risk

Goodwill impairment risk

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q3)

Premium Multiples Reflect Strategic Pivot

According to recent market data, SXI trades at a forward P/E of 39.31 and an EV/EBITDA of 29.90, suggesting that investors are pricing in a significant growth premium as the company transitions from a traditional industrial conglomerate toward a specialized electronics and medical technology provider.

The current valuation multiples appear elevated relative to historical norms, implying that the market is assigning a higher quality of earnings to the Electronics and Scientific segments. This pricing suggests an expectation of sustained margin expansion, though it leaves little room for error should the integration of recent acquisitions fail to deliver the anticipated synergies.

Capital Efficiency Diluted by Acquisitions

Based on reported financial statements, SXI's ROIC has remained in a narrow range between 1.7% and 3.1% over the last ten quarters, indicating that the rapid accumulation of goodwill from recent acquisitions is currently suppressing the company's overall return on invested capital.

While the underlying business segments demonstrate strong operational margins, the heavy reliance on inorganic growth has inflated the capital base, masking the true economic profitability of the core operations. Investors should monitor whether ROIC can trend upward as the company shifts focus from aggressive acquisition-led expansion to organic margin optimization.

Working Capital Cycles Remain Stretched

As reported in recent quarterly filings, SXI's cash conversion cycle has fluctuated between 108 and 131 days, reflecting the inherent complexity of managing long-cycle aerospace projects alongside shorter-cycle electronics manufacturing, which continues to tie up significant liquidity in inventory and receivables.

The elevated DSO and DIO figures suggest that the company faces structural challenges in optimizing its working capital, particularly as it integrates new business units with varying operational rhythms. This inefficiency warrants further investigation into whether the current inventory levels are a strategic buffer against supply chain volatility or a sign of operational friction.

Misapplication of Industrial Conglomerate Multiples

The most commonly misapplied metric for SXI is the traditional industrial P/E ratio, which obscures the company's evolving revenue mix by treating it as a cyclical machinery manufacturer rather than a high-margin, specialized technology provider with significant exposure to life sciences and EV infrastructure.

Applying a standard industrial multiple fails to account for the recurring nature of the Engraving segment's design services and the high-barrier-to-entry electronics components. Analysts should instead focus on segment-specific valuation benchmarks or a sum-of-the-parts analysis to better capture the true value of the company's diversified, high-value-add portfolio.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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SXI — Frequently Asked Questions

Quick answers to the most common questions about buying SXI stock.

What is Standex International Corporation's P/E ratio?

Standex International Corporation's current P/E ratio is 75.1x. The historical average is 18.7x. This places it at the 100th percentile of its historical range.

What is Standex International Corporation's EV/EBITDA?

Standex International Corporation's current EV/EBITDA is 30.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.5x.

What is Standex International Corporation's ROE?

Standex International Corporation's return on equity (ROE) is 8.2%. The historical average is 12.7%.

Is SXI stock overvalued?

Based on historical data, Standex International Corporation is trading at a P/E of 75.1x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Standex International Corporation's dividend yield?

Standex International Corporation's current dividend yield is 0.36% with a payout ratio of 27.0%.

What are Standex International Corporation's profit margins?

Standex International Corporation has 38.0% gross margin and 15.4% operating margin. Operating margin between 10-20% is typical for established companies.

How much debt does Standex International Corporation have?

Standex International Corporation's Debt/EBITDA ratio is 3.8x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.