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SXIStandex International Corporation
$276.91$3.4B
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  3. SXI
  4. Financial Ratios

Standex International Corporation (SXI) Financial Ratios

Latest Ratios: P/E Ratio 59.7x · EV/EBITDA 24.5x · 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$3.4B$1.9B$1.9B$1.7B$1.0B$1.2B$713M$924M$1.3B$1.2B$1.1B
Enterprise Value$3.9B$2.4B$2.0B$1.7B$1.1B$1.3B$838M$1.0B$1.4B$1.3B$1.0B
P/E Ratio →59.6833.7226.2512.2316.7531.8517.3919.5635.7324.8520.30
P/S Ratio4.252.382.662.291.401.771.181.171.511.531.41
P/B Ratio4.502.543.092.802.062.301.541.992.902.832.86
P/FCF81.3245.5826.5125.5419.0918.8227.7223.7034.0531.3116.91
P/OCF48.2027.0220.7018.7113.2213.9215.0912.6020.1318.2513.15

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 / EBITDA24.5015.1215.198.579.6413.679.029.5812.5614.8911.71
EV / EBIT31.6225.6620.5215.0911.3716.1612.5113.2317.7119.2614.26
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—107.1484.4676.5573.6076.5669.7352.3050.3562.6051.14

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 Yield0.5%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 Yield1.7%3.0%3.8%8.2%6.0%3.1%5.8%5.1%2.8%4.0%4.9%
FCF Yield1.2%2.2%3.8%3.9%5.2%5.3%3.6%4.2%2.9%3.2%5.9%
Buyback Yield0.3%0.5%1.7%1.5%3.1%1.8%1.5%3.6%0.2%0.7%0.5%
Total Shareholder Yield0.7%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 RegimeAccelerating
ProfitabilityStrong
Balance SheetHealthy
Cash FlowStable
Top Statement Risk

Acquisition-driven leverage and goodwill

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q4)

Premium Pricing for Transformation

SXI trades at 70.6x trailing P/E and 28.4x EV/EBITDA, well above peers like CW (54.9x P/E) and RBC (60.8x P/E), per reported multiples, implying expectations of sustained margin expansion.

The forward P/E of 38.0x suggests the market is pricing in a significant earnings recovery, likely from the recent acquisition and margin improvements. However, the PEG of 10.1x indicates that the growth rate implied by the current valuation is modest relative to the multiple, which may leave little room for error. Investors should monitor whether the company can deliver the projected earnings growth to justify the premium.

Margin Spike Masks Underlying Trend

Gross margin jumped to 46.5% in 2026Q4 from a 39% average, and operating margin hit 38.5%, per financial statements, but net margin fell to 9.0%, suggesting one-off gains distort the true earning power.

The 2026Q4 operating margin of 38.5% is an outlier versus the trailing average of ~15%, indicating that the quarter likely included non-recurring items. The net margin of 9.0% in the same quarter is more consistent with historical levels, suggesting that the operating margin spike did not flow through to the bottom line. This divergence warrants caution when extrapolating the quarter's profitability into future periods.

ROIC Volatility Post-Acquisition

ROIC has been volatile, ranging from 0.7% in 2025Q2 to 5.6% in 2026Q4, per reported figures, reflecting the impact of the large acquisition and integration costs on capital efficiency.

The recent ROIC of 5.6% remains below the peer average of ~14% (e.g., CW at 14.1%), indicating that the acquired assets are not yet generating returns commensurate with their cost. The elevated D/EBITDA of 14.75x in 2026Q4 suggests that the debt-funded acquisition has increased the capital base faster than earnings, diluting returns. As integration progresses, ROIC should be monitored for improvement toward pre-acquisition levels.

Working Capital Drag Intensifies

Cash conversion cycle lengthened to 117 days in 2026Q4 from 108 days in 2024Q3, per reported data, driven by higher DSO (79) and DIO (96), indicating increased capital tied up in operations.

The rise in DSO from 83 to 79 days and DIO from 75 to 96 days suggests that the company is taking longer to collect receivables and turn inventory, possibly due to the acquired business's different customer and product mix. The DPO remained relatively stable around 59 days, indicating that the company is not stretching supplier payments to offset the working capital increase. This trend could pressure free cash flow if not reversed.

Leverage Elevated but Serviceable

Debt-to-equity rose to 0.73 in 2026Q4 from 0.30 in 2024Q3, and D/EBITDA spiked to 14.75x, per balance sheet data, yet interest coverage of 13.4x remains comfortable.

The increase in leverage is clearly tied to the acquisition, with total debt jumping to $553.8M. Despite the high D/EBITDA, the interest coverage ratio of 13.4x indicates that operating income is sufficient to cover interest expenses, providing a cushion. However, the D/EBITDA of 14.75x is unusually high and may be distorted by the one-off operating margin spike; on a normalized basis, coverage could be thinner. Investors should monitor the company's ability to deleverage through cash flow.

Liquidity Buffer Remains Solid

Current ratio stands at 2.40 and quick ratio at 1.84 in 2026Q4, per reported figures, indicating a strong ability to cover short-term obligations even with elevated inventory levels.

The current ratio has declined from 3.43 in 2024Q3 but remains above 2.0, suggesting that the company has ample liquidity to meet near-term liabilities. The quick ratio of 1.84, which excludes inventory, still indicates a comfortable buffer. However, the increasing DIO suggests that inventory may be becoming less liquid, which could strain liquidity if demand weakens. Overall, the liquidity position appears robust.

Misapplied EV/EBITDA Multiple

EV/EBITDA is commonly used for SXI, but the trailing EBITDA is inflated by one-off gains, making the multiple misleading; adjusted EV/EBITDA based on normalized EBITDA would be more appropriate.

The trailing EV/EBITDA of 28.4x is based on EBITDA that includes the 2026Q4 operating margin spike of 38.5%, which is not sustainable. Using a normalized operating margin of ~15%, the EV/EBITDA would be significantly higher, indicating that the stock is more expensive than it appears. Investors should adjust for non-recurring items and use forward EBITDA estimates to assess valuation accurately.

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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 59.7x. 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 24.5x. 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 59.7x. 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 0.45% 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.