Standex International Corp/De/SXI

NYSEIndustrialsRefrigeration & Service Industry Machinery
Price (close)
$279.60
Market cap
$3.4B
P/E
32.2x
Revenue (TTM)
$891.6M
Net income
$104.6M
Dividend yield
0.49%
1-year total return
39.3%
Net margin
11.7%
Revenue growth
12.8%
Debt / equity
0.69x

What Standex International Corp/De/ does.

Standex International Corporation and subsidiaries ("we," "us," "our," the "Company" and "Standex") is a diversified industrial manufacturer with leading positions in a variety of products and services that are used in diverse commercial and industrial markets. Headquartered in Salem, New Hampshire, we have four operating and reportable segments: Electronics, Aerospace and Defense (A&D), Scientific and Engraving & Hydraulics. Our businesses work in close partnership with our customers to deliver custom solutions or engineered components that solve their unique and specific needs, an approach we call "Customer Intimacy."

Standex was incorporated in 1975 and is the successor of a corporation organized in 1955. We have paid dividends each quarter since Standex became a public corporation in November 1964. Overall management, strategic development and financial control are led by the executive staff at our corporate headquarters. Our growth strategy is focused on four key areas: (1) Increasing our presence in rapidly growing markets and applications (2) executing new product development in both core and adjacent market applications; (3) expanding geographically where meaningful business opportunities exist; and (4) undertaking strategically aligned acquisitions that strengthen and/or expand our core businesses. We direct our investments towards markets with long term, secular growth prospects such as power grid, military and defense, commercial space, life sciences, renewable energy, and electric vehicles.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$656.2M$735.3M$741.0M$720.6M$790.1M$891.6M
Net income$36.5M$61.4M$139.0M$73.1M$55.8M$104.6M
Free cash flow$61.8M$53.8M$66.5M$72.4M$41.3M$64.4M

More on SXI.

Figures from Standex International Corp/De/'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.